Nuveen California Municipal Value Fund
NYSE · us_market
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Nuveen California Municipal Value Fund is a closed-ended fixed income mutual fund launched by Nuveen Investments, Inc. The fund is co-managed by Nuveen Fund Advisors LLC and Nuveen Asset Management, LLC. It invests in the fixed income markets of California. The fund invests primarily in municipal securities rated Baa/BBB or better. It invests in securities that provide income exempt from federal and California income tax. The fund employs fundamental analysis with bottom-up stock picking approach to create its portfolio. It benchmarks the performance of its portfolio against the S&P California Municipal Bond Index and the S&P National Municipal Bond Index. Nuveen California Municipal Value Fund was formed on October 7, 1987 and is domiciled in the United States.
| 30d | 90d | YTD | 1y | |
|---|---|---|---|---|
| NCA | -1.80% | -2.92% | +3.91% | +10.32% |
| XLF | -0.65% | +0.72% | -5.82% | +1.22% |
| Alpha (stock − sector) | -1.14% | -3.65% | +9.73% | +9.10% |