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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

Post by hegemonicoblivionon Aug 15, 2013 11:56am
256 Views
Post# 21673268

LC 2 is targeted to reach TD around 16000 ft... BUT....

LC 2 is targeted to reach TD around 16000 ft... BUT....Remember there are three zones, the companies are looking for.. PTA (40 % Wi).
However, with TD scheduled around 16500 ft... that would mean lowest zone, which
I believe to be UNE in this block... ( mirador and gacheta stacked above?) would be 
around the TD depth.. Latest news was from PXT< estimate time frame was end of 
august.. and an updated? TD from 16000 ft ( I read that on PTA news) to 16500 on 
the PXT news (they are operator). No definite call in terms of potential zones or at
what depth any of the other two besides the TD might be reached...  Latest news
mentioned LC 2 was at depth of 14500 ft... and it was on latest PXT news... No idea on
the time reference there, but we surely must be getting near to one zone, assuming
all things going smooth.... schedules change in this business, so I might be jumping
the proverbial queue in regards to timing.... TO me the technicals went how I personally
wanted them to, and 31 looks like it is in as a support... Looks good now from here,
but we have to see how it all pans out...
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