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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 Whitehellon Jan 10, 2014 2:17pm
384 Views
Post# 22079094

RE:Guidance

RE:Guidancetotally agree... worst case, they could have put a guidance equal to equal production saying, we are confident that exploration will at least offset decline and probably some upside and we'll revise on a ongoing basis... starting 20 % lower than actual, really doesnt give a good message, is it because they think decline are going to be really important in 2014 or is it just they don't have much confidence in exploration activity in 2014... anyhow...
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