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 cocomgon Apr 04, 2013 3:42pm

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Post# 21212290

Production rate

Correct me if I wrong but doing some maths with a 5081 MBbl 2P and a producction average of 4700 Bopd (all net) equals a 3 years life of all the porfolio.

5081 x 1000 / 4700 x 365 = 2.96 years....how about no declining rates?

What I am missing?

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