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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 hegemonicoblivionon Nov 10, 2013 5:14pm
234 Views
Post# 21892851

Stock and rapid, two sets of warrants... DD....

Stock and rapid, two sets of warrants... DD....About 30 million plus still out exercise of 20 cents...
Believe some of those have been exercised over the last few months.
79 million at 35 cents.... Dont believe those would be exercised unless
we trade significantly higher... ie.. 45 cents.. and there are about 56 million
options/warrants/rights that are under equity compensation plans.. weighted
price about 26 cents, though I believe only about 9 million that were issued
at 13.5 cents would be really of interest, as they are in the money... 
DD is an important part of any investment, and as the AGM material comes out
to you the shareholder, it is important to review and evaluate... ITs a significant
part of the investment or disinvestment process...
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