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

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > cross trades

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Comment by spammeon Apr 12, 2013 4:52pm

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Post# 21248983

RE: cross trades

Cross trades very simple.

Brokerage House has to Clients they agree on price to buy large block. They do the trade House collects commission.

I always wonder why people believe just because Brokerage House X is buying or selling on any given day that they are doing it from their own accounts. I bet most of the time they are just executing trades orders of their clients.

Remember for every buyer there is a seller and vice versa.

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