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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

Post by Shlinker_on Oct 03, 2013 10:57pm
239 Views
Post# 21790010

I still think

I still thinkwe finnish lower than current levels at this time next week. The news release wasnt all that people are making this to be. The word "water" came up way too much for my liking. And LC field is becoming very expensive. Double the budget would be my guess. And despite the LM success we move no where. Nothing has changed with reserves and net pay oil, still speculation on "oil shows". But sure is interesting seeing PXT make this nice move to a reasonable market valuation. Should would be a nice time to raise some expensive paper and take-out a smaller company. But its my money and ill wait to buy more perhaps on a low ball of 0.275/0.280.  And again, nice to bring some balance to the repeated posts by those who need to justify their share hold; imho; dyodd.
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