Nuveen California Municipal Value Fund (NCA) Stock

About Nuveen California Municipal Value Fund

The Nuveen California Municipal Value Fund (NCA) is a closed-end investment vehicle, established by Nuveen Investments, Inc., which began operations on October 7, 1987, and is domiciled in the United States. Management responsibilities are jointly shared by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. The fund's core objective is to invest in California's fixed income markets, primarily targeting municipal securities rated Baa/BBB or higher. A significant draw for investors is the income generated from these holdings, which is designed to be exempt from both federal and California state income taxes. Its portfolio is meticulously constructed using a fundamental analysis approach combined with bottom-up security selection. To gauge its performance, the fund compares its results against the S&P California Municipal Bond Index and the S&P National Municipal Bond Index.

Nuveen California Municipal Value Fund is headquartered in US.

Nuveen California Municipal Value Fund (NCA) stock trades at $9.12 with a market capitalization of $301.95M. The stock is valued at a price-to-earnings (P/E) ratio of -43.43, price-to-book of 1.03, price-to-sales of 24.31. Over the past 52 weeks the stock has ranged between $8.40 and $9.80, and currently trades 6.9% below its 52-week high. It pays a dividend yielding 3.95%.

On profitability, Nuveen California Municipal Value Fund generates a return on equity (ROE) of -2.43%, return on capital employed of -2.41%, an operating margin of -57.01%, a net profit margin of -57.28%.

Official website: www.nuveen.com/CEF/Product/Overview.aspx?fundcode=NCA