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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 Fixermanon Jan 05, 2013 4:24am
435 Views
Post# 20800882

PTA firming up.. seriously mouse.

PTA firming up.. seriously mouse.

How long have you been a holder or are you window  shopping here.. Never really had a day that wasnt really firm here in a few months. The proverbial fix is in, production is just going to grow... and NAV doesnt mean much in this market, more important to use relative valuations as compared to its peers.. There has been some takeover activity in Columbia and that to me is the best indicator of true value in this particular market.. going prices were about 45k a flowing barrel.. of course one has to consider if deals were all cash or stock or a mix, and then make a judgement on reserve and product quality as well.. id give PTA higher marks than the latest takeover candidates.. that is Id use a figure higher than 45k a flowing barrel of production and then net out the debt and cash.. and then one can get a crude market value for a particular energy company.. RAPID... ive been saying for a few months now, that number.... and its about 50 percent higher than what youre mentioning here... thats a year end 2013 number... in my opinion, or if it happens a number for the 3rd or 4th quarter if a suitor comes knocking.. Oil is much easier to work with then a mining project.. just ny opinion... have a nice weekend.

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