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

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Post by a4shahon Mar 14, 2013 2:16pm

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Post# 21130799

Very low declines

Have you guys seen the chart in the PTA presentation on page 13:

https://www.petroamericaoilcorp.com/main/includes/media/pdf/PTA_CorporatePresentation.pdf

This shows that there have been no declines in oil production for the wells at Las Maracas. Even for the well that has been online since last April, it's still producing pretty much at the same rate.

This is very positive in my opinion. If you can get 1000B/D well that have no significant decline over a year, this is a huge bonus as compared to wells in Alberta which see huge declines over a year.

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Advancing flagship Ishkõday Gold Project in Ontario