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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 Jace1on Apr 21, 2011 1:26pm
343 Views
Post# 18470619

Another Columbina Junior Bites the Dust

Another Columbina Junior Bites the DustNice track record...how many more juniors will get smoked this year. All the hot money runs into Columbia where it all evaporates...Even the big guys like PRE are not immune. What a joke. I thought ALE was bad enough....now this.

Thanks Nutsack...he knew of the financing on BNN obviously so in his own best interest he said to hang tight....the final screwing of the little guy.

I'm sick of hearing about all these great managment teams in Columbia...where the hell are they? All I see are crooks.

Now we can bail and take 50% plus losses for most of us here, or less if you averaged down. Or we can hang tight and see what happens with Balay. Think I will wait until Balay...i have never seen this kind of string of bad news in a row....something has got to give.

Question of the day...which management is worse...ALE or PTA? They all should be shot in my book.
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