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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

Comment by BlueBullzeron Aug 06, 2012 3:32pm
160 Views
Post# 20188085

RE: RE: the deal with pta.wt.b

RE: RE: the deal with pta.wt.b

Selling the warrants is one option.  A higher risk option is borrowing the capital to exercise the warrants once the pta share price is up there.  Selling.  Then paying back the borrowed capital with the proceeds and keeping the massive profit you gained.  Doing this on a pop has higher risk due to selloff and volatility, so this strategy would be better if we see a steady gain.... or if we see a pop far beyond our preferred sell price.  The best situation would be a buyout.  If and once a buyout is confirmed(legally not potentially) above our preferred sell price then the borrow capital strategy has less risk.  We exercise. We win.... big.  I would rather not pump so I am patiently waiting to see if anything happens.  If it happens before next year that would be awsome, but good things take time.

DYDD and GL

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