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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

Comment by STVPon Mar 30, 2011 7:22pm
415 Views
Post# 18363996

RE: CPO Brought Forward

RE: CPO Brought ForwardI would say the same about the strategy of current management.  That's one of the reason they abandoned Calatea-1 for now so that they can focus on what will get the company production in the short term so that they can start using free cash flow faster to fund future operations.  May be they will come back to Calatea-1 when the generating lots of cash from production and use profits to fund other developments.


This management will pay off as theya re focused on production and not just exploration like previous management.
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