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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 backflipson Sep 22, 2011 10:26pm
395 Views
Post# 19074864

END OF THE DAY !

END OF THE DAY ! Nice buying at the end of the day. Just a bad day in the markets, the last PP was done at 20 cents, in may to raise 30 Million dollars. were at almost half the PP, what a  discount, less then what the big boys paid, and thats not including the other PP done in Nov at 40 cents to raise 28 Million. To me this is a no brainer. Good luck and as always do your DD.
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