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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 akm3736on Jun 17, 2015 11:49am
154 Views
Post# 23839685

dumping my long position

dumping my long position
Have 400K @$0.31 avg. Just dumped 40K @ $0.12. Will dump my complete position in the next couple of days and probably buy back when 1:10 consolidation happens. The sp normally goes down on consolidation. With the TD report, thee is nothing of significance that will happen in at last the next 6-12 months. Note TDs G&A/boing u back to $7-8. The Q1 G&A was down ne time. Note the mgmt. fatten their pockets again! Management does not positions
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