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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 bucky32on Oct 07, 2010 10:15pm
353 Views
Post# 17543452

PTA SP

PTA SPI love reading postings on Jr. Explorer's - whether its o&g or gold, silver.  You can tell who has skin in the game and who has been down this road before as opposed to those who haven't.

I bought PTA at .37 and then when the warrants dropped, I picked up 250,000 of those.  I have had a lot of investments in the Jr's and patience is the name of the game.  The MAJORITY of the time, the markets have it wrong or have priced in myopia & emotion.  That is the exact time I pick up shares.  A 2-5yr timeframe is not unreasonable to make major retunrs.  Rick Rule once commented he waits upwards of 6 years for a 5-10 bagger.

Those of you who dont have the patience to microwave popcorn should probably play the majors and watch reruns of Benson.
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