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 > My bid was just filled, as PTA hits a new 52 week low.

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Comment by green24on Feb 12, 2015 4:34pm

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Post# 23423959

RE:RE:RE:RE:RE:My bid was just filled, as PTA hits a new 52 week low.

Interesting take on the 3M or so ITG had on at .11 just before the close DeadCow.

I have to wonder why it is tanking. Leaked news? Some fund that perhaps saw the writing on the wall and knew they couldn't hold it with a sp below .10, so started unloading? When funds run into these "Can't hold it below $x.xx per share" situations, and the stock is about to hit it, do they often have to dump at market when the minimum price gets there? Just curious if anyone knows.

Curioius to see if it was ITG doing most of the selling today, or if that was just some random attempt to unload their millions before the close. Can anyone post the stockwatch trades for the day, and maybe for the week? Thanks in advance if you can.

Placed my 'bet' at .105 today.

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