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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 norim109on Feb 19, 2013 8:36pm
222 Views
Post# 21013404

RE: Norim.. simply NADA to your thesis...

RE: Norim.. simply NADA to your thesis...

I am not trying to write a thesis on PTA, just trying to be realistic. The past we know, the future is all hope and expectations. I am not a trader nor a long term investor (hate to fall in love with a stock). I have been a couple of time in this stock. I made money first and lost some after. I was back last summer. I initially bought at 18 cents and have accumulated since then a sizable position in PTA. It has been one of my best performing stock in 2012 with AOI, Before PTA, I was in PRE, the stock and the warrants. 

I would be the happiest person on earth if PTA reach $1 this year or even next year. I considered this stock as undervalued now (it should trade around 40 cents) and I am still a buyer of both the stock and the B wts.

Most of my friends are also in this stock on my recommendation and I have problem managing their expectations. It is a lot easier to get out of a stock when your targets are not too high (look at TAO and NZ which were promising stocks but failed to deliver what the market expected). 

 

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