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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 Jan 03, 2013 11:43am
305 Views
Post# 20792752

RE: RE: RE: RE: new 52wk high

RE: RE: RE: RE: new 52wk high

Sorry rapid_fire, I missed this post. No, I'm not shorting PTA - why do you ask?

You should buy more stock in PTA. I encourage you to. My opinion isn't to sell PTA - and I'm a little confused where you get that from. You guys have me made out to be some sort of bogeyman here, and it's amusing because I think you are getting a little too emotional about PTA.

Do I think there will be acquisitions in 2013? Sure. Is PTA a target? At this point, it's not getting much attention, but who knows what will happen. PTA doesn't need to crak 10K for me to think it's a buyout target. No one will buy it unless they know what they're getting. Who wants to buy a company with 10K bopd without a hint of what the reserves are like? No one will touch this company until the fundamentals are determined. Don't misinterpret what I'm saying. The reserves are probably pretty good, but no one knows for sure and I hestitate to agree with your opinion that 80 cents is close.

I would advise against judging people or making assumptions about their intentions. It doesn't add anything to the conversation.

Cheers.

 

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