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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 Crotchon Sep 18, 2012 11:08am
306 Views
Post# 20379606

RE: RE: LM-4 Results Out

RE: RE: LM-4 Results Out

The expected flow was baked into the current price already. I would have been suprised if we'd seen a jump of more than a cent on this. If anything, the fact that they can't pump at capacity due to infrastructure issues is a bit of a concern. If they're having problems with what they can pump now, the issue will only be compouned unless they can contract more trucks quickly in order to meet current, as well as expected future flow.

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