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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 Apr 02, 2013 7:44pm
220 Views
Post# 21201495

RE: RE: NR - the bad and the not as bad

RE: RE: NR - the bad and the not as bad

Yes, but which wells did they have info on to include in the calculations, and why were there material downward revisions in the 2p and 3p reserves great enough to offset the increases from La Casona and portions of Las Maraccas?

 

there were certainly some positives, but given that a reserve increase was expected and instead we had a decrease, the markets may not be pleased.  I'm still a holder, but a realist at the same time.

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