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

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Post by tommyhumpon Jun 25, 2013 11:49am

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Post# 21571372

CIBC initiates coverage on PTA with a .40 target

CIBC World Markets initiated coverage on PTA yesterday as a "Sector Outperformer" with a .40 price target over 12-18 months, noting that exploration success would add to their forcasts.

Find CIBC research on Bloomberg, Reuters, firstcall.com and ResearchCentral.cibcwm.com

Ian Macqueen, P.Geol. and Blake McDonald, P.Eng in Calgary were responsible for the report.

DYODD and good luck.

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Gold, growth and sustainability in focus for Mandalay Resources