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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 BlueBullzeron Aug 03, 2012 4:31pm
174 Views
Post# 20182967

RE: RE: RE: RE: RE: warrant information from PTA

RE: RE: RE: RE: RE: warrant information from PTA

So 40 000 shares of pta.wt.b only allows me to purchase 20 000 shares of pta at 35 cents?  That is not what an investment advisor from my bank told me before I purchased them.  I called them back today and I got the "we can't clarify this information, so you'll have to call the company" bull.  I still believe these warrants are a good buy but my profit margin was just reduced by 50% which means my risk % was increased dramatically.  I'm pretty mad.  Is anyone able to clarify if this is actually the case with these warrants?

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