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

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Now some of you are happy with mid 40s or 50 cents..

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Comment by Shlinker_on Jan 25, 2014 1:07pm

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Post# 22133881

RE:RE:RE:RE:RE:Now some of you are happy with mid 40s or 50 cents..

Blue, well put. I couldn't agree more. Again, hege., your intentions are meaningful, and I understand why you would like to be paid for holding 'old paper'. But Blue has a very good point. The cash on hand will be required if it isn't now. This company is very young and needs to grow and make a place for itself. We are simply an exploration company with some good success. Were not a proven oil producer per say. Give it another year or two before handing out a divvy PTA. Get those 1P reserves north of 15M. 2P 20M, then move.

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