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 newbiedrewbieon Sep 06, 2013 11:29am

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Post# 21722828

Making hay while the sun shines

I'd guess with oil prices being so high they are probably ramping up production volumes. I would be!
We're probably waiting on a co-release with LM-12 and focussed on making money while the sun shines on high prices. I'm sure these things are hard to coordinate with the timing of the other partners. Hopefully the delay is not in LC-2 being a dud.

I don't think we're going to see any news until next week. It seems to be a recurring thing though that they are promising to get news out and they delay too long, but the day-trading always erodes share price. Hopefully we aren't heading back into the .20's again until we get a release.

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