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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 hockeylad33on Jan 26, 2013 10:45pm
256 Views
Post# 20895491

RE: RE: La Casona..

RE: RE: La Casona..

Ok, i'll bite this time.  They hit oil in 4 zones at La Casona and will be testing with a service rig shortly (q1).  Odds are if they encounter a reasonably commercial oil zone, they will produce from that first.  Also, they need flaring permits or proper handling facilities to test the Une at unrestricted rates, and some appraisal before they can justify a pipeline to handle the gas.  I.e commercialization will be slow at LC unless they find an oil-only zone

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