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 > 3255 bpd

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Comment by norim109on Dec 04, 2012 9:18am

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Post# 20679305

RE: RE: 3255 bpd

LM5 is likely held back (through a 30/64 inch choke) pending the construction of production facilities for the field. Too much oil has been discovered in that field !!! PTA, according to its presentation is planning with its partner to drill up to six additional wells in this field early 2013.

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