Nuveen California Investment Quality Municipal Fund Inc (the Fund) is a closed-ended fund. The Fund's primary investment objective is current income exempt from both regular federal and California income taxes, and its secondary investment objective is the enhancement of portfolio value. The Fund seeks to provide monthly tax-free income, portfolio diversification and after tax total returns. The Fund invests substantially all of its assets in a diversified portfolio of tax-exempt California municipal obligations rated within the four grades (Baa/BBB or better). Up to 20% of the Fund's may be invested in unrated California municipal obligations deemed to be of comparable quality. The Fund may participate in hedging transactions. The Fund uses leverage. The Fund's investment advisor is Nuveen Fund Advisors, Inc.