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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 CONSTRUCTIVE_SUBVERSIONon Mar 25, 2013 3:31pm
312 Views
Post# 21164864

Year end financials and reserve report..

Year end financials and reserve report..

I think they matter, but I dont think they will be market moving.. I see 34.5 offer.. thats a big markup from where I waded into the market again... LOL... There has never been much stock offerred as compared to the shares out, at least in my opinion.. Usually theres a reason for a nice bump like what we have received so far today... I dont see anything as significant on the Parex side, likely someone finally saw some real good value in the company, like the rest of us in for the longer term.. There will always be investors taking a position in advance of an event, and then sell on news... Yes, Ingi, we may be getting a lot closer on TD on El Porton, our JV with Talisman, might even be worth a call in to check our progress, last I heard we were moving through the more difficult portion of the drill quite well. I think your 90 day window would include any type of testing and the like, although it may be possible that we get some indications even before testing begins. This news at El Porton would include Talisman and another Columbian based partner I believe (Parex not in this one with us). Anytime you get green in your stock, you have to be happy. La Casona, believe we already have a broad idea there in terms of what to expect. Have a nice close.

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