Nuveen California Municipal Value Fund Inc 2018 Q2 Institutional Investor Sentiment Worse Than Expected

September 16, 2018 - By Mona Holcomb

Sentiment for Nuveen California Municipal Value Fund Inc (NYSE:NCA)

Nuveen California Municipal Value Fund Inc (NYSE:NCA) institutional sentiment decreased to 1.07 in 2018 Q2. Its down -0.43, from 1.5 in 2018Q1. The ratio is negative, as 16 active investment managers increased or opened new positions, while 15 trimmed and sold holdings in Nuveen California Municipal Value Fund Inc. The active investment managers in our partner’s database now have: 2.02 million shares, up from 1.95 million shares in 2018Q1. Also, the number of active investment managers holding Nuveen California Municipal Value Fund Inc in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 6 Reduced: 9 Increased: 5 New Position: 11.

It closed at $9.53 lastly. It is up 8.49% since September 16, 2017 and is downtrending. It has underperformed by 24.11% the S&P500.

Tortoise Investment Management Llc holds 0.29% of its portfolio in Nuveen California Municipal Value Fund, Inc. for 112,108 shares. First Foundation Advisors owns 455,482 shares or 0.25% of their US portfolio. Moreover, Rivernorth Capital Management Llc has 0.14% invested in the company for 181,586 shares. The Connecticut-based Greenwich Investment Management Inc. has invested 0.1% in the stock. Winfield Associates Inc., a Ohio-based fund reported 20,000 shares.

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