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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 MustangMatthewon Oct 26, 2012 11:20am
146 Views
Post# 20527226

Interesting

Interesting

Lot's of damage being done by 001 as pointed out.  I don't recall seeing "leaked news" action in the past with this stock, correct me if I am wrong.  I do not think that there has been telegraphed selling or buying with PTA in the past. It is getting close to result time on the drill so I for one do not like seeeing the downward pressure on PTA and PXT  prior to results.  Could be as simple as someone needing to get out from 1 million shares and spooked investors cascade on the sell, thinking that someone knows something.  Just my opinion, however, I think if you are long you wait for results unless the stock really starts to break down.  Cheers Matthew

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