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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > choke page

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Comment by hockeylad33on Nov 16, 2012 8:26am

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Post# 20608647

RE: RE: RE: choke page

LC-1 : From Pxt conf call, gas may not be an issue. The initial flow rates are from 3 individual sands within the lowest formation. If they are able to isolate the gas, they can produce from the strictly oil bearing sands. Also three upper intervals yet to test, one of which will be tested immediately. If oil bearing, they would produce from those first.

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