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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 Shlinker_on Dec 14, 2012 2:04pm
212 Views
Post# 20732013

RE: I suspect its haywood in the middle of oil cou

RE: I suspect its haywood in the middle of oil cou

Well said CS. I agree if 2013 production, drilling, and facility development gets done on cash flow we are laughing. No PP's or other financings occur and we're on our way. You throw in a reserves update early in 2013 and we hit the year running. We could always see a 15-20% retracement in SP if the fiscal cliff goes down, but we'd recover quickly imho if the above occurs regardless.

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