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 > Sell PTA...

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Comment by olinvestoron Nov 17, 2015 6:28am

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Post# 24296751

RE:RE:RE:Sell PTA...

I have a dark feeling we won't get another bid, I think the only thing we will have left is a painfull feeling from behind!

mirage2014 wrote: Well said and I agree 100%. I expect another bid, and it won't be lower than $1.33. We're not the only ones that see this bid as a lowball offer. Will Vetra sit silent while their partner is acquired for scrapes? Will other players in Columbia want to see GTE get all of PTA's assets/reserves/cash/growth potential while they sit on their hands? I think not, but we'll find out soon enough.

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