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 > new post on PTA

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Comment by newbiedrewbieon Oct 11, 2013 10:48am

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Post# 21810254

RE:new post on PTA

Great article Tommy!
One thing that I noticed in the article that should stand out to everyone:

"Petroamerica, along with other oil producers in the country, are trading at historically low valuations. Pre credit crisis 2008 cash flow / share price valuation of Colombian oil and gas companies averaged approx 9x. Between 2009 and 2011 it was approx 6.5. Now it is ~1.5-2.8x. Forward looking, PTA is just over 1.2x."

We are trading EXTREMELY undervalued. If management starts marketing the story properly, along with timely news, production updates, we'd all see this 1.2x cashflow jump in NO TIME, even to averages of 1.5 to 2.8.

I own a digital marketing agency in Ontario, and we are really behind the times here...

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