Nuveen California Municipal Value Fund (NYSE:NCA) Plans $0.03 Monthly Dividend

Nuveen California Municipal Value Fund (NYSE:NCA) announced a monthly dividend on Friday, May 3rd, Wall Street Journal reports. Investors of record on Wednesday, May 15th will be paid a dividend of 0.029 per share on Monday, June 3rd. This represents a $0.35 annualized dividend and a yield of 3.95%. The ex-dividend date is Tuesday, May 14th.

Nuveen California Municipal Value Fund Price Performance

Shares of NYSE NCA traded up $0.11 on Friday, hitting $8.82. The company had a trading volume of 35,402 shares, compared to its average volume of 55,372. Nuveen California Municipal Value Fund has a 12-month low of $7.77 and a 12-month high of $9.09. The business has a 50 day moving average of $8.82 and a two-hundred day moving average of $8.68.

Nuveen California Municipal Value Fund Company Profile

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.