Cohen & Steers Tax-Adv Pref Secs and Inc Fund V.PTA

Primary Symbol: PTA

The Funds primary investment objective is high current income. The Funds secondary investment objective is capital appreciation The Fund seeks to achieve its investment objectives by investing at least 80% of its managed assets (i.e., net assets plus assets obtained through leverage) in a portfolio of preferred and other income securities issued by U.S. and non-U.S. companies, which may be either exchange-traded or available over-the-counter. In pursuing its investment objectives, the Fund seeks to achieve favorable after-tax returns for its shareholders by seeking to minimize the U.S. federal income tax consequences on income generated by the Fund. There can be no assurance that the Fund will achieve its investment objectives.

NYSE:PTA - Post by User

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Bullboard Posts

Post by StanleyTools1on Dec 30, 2009 1:46pm

457 Views

Post# 16626658

If this is such a great deal?

Why is it trading 13% below the PP? QEI is going to drill in the Llanos too and their SP is almost 50% up and over their PP.

If the block they signed up to drill FOR PRE was so prospective, why would PRE give it up? PRE certainly isn't lacking in cash flow to drill.

100% of the risk for 50% of the reward. It would seem that the market isn't all that hot on those numbers.

I can't deny that there are some heavy hitters on board here, and that alone will probably drive this play higher at some point. Just hope they don't hit NG!!!

QEI is better risk reward. But at 18 cents it needs to pull back.

Bullboard Posts

This battery metals stock is on a path to the global stage