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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 Jan 09, 2013 2:39am
193 Views
Post# 20813514

RE: RE: RE: RE: RE: RE: RE: Updated presentation s

RE: RE: RE: RE: RE: RE: RE: Updated presentation s

A possible answer to your question hockeylad33 could be Casona-1.  PTA said they would put it on production if they could get a stable flow from one of the intervals other than the one that had to be choked due to gas flares, and even that choked interval was producing approximately 1200bopd.  So i wouldn't be surprised if they wait to workover Casona-1 until after flow rates are reduced in the current interval.  If they did stabilize Casona-1, mentioning it in a new release would have been nice of them though.  Anyways, my best guess. Hope it helps.

Cheers

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