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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 Ingiboyon Oct 30, 2013 10:54am
297 Views
Post# 21861613

Mystery

MysteryI have to agree that this past three months have been vailed in secrecy.  i am not sure why the news releases have been so vague.  Past releases have been more informative.  Why don't we have more detail on LC-2 and La Guira-1?  What type of production numbers can we anticipate once they start up the production facility at LC-1.? Possibly a bit of a timeline on the length of time it will take to get test results from LC-2 and La Guira-1 would be helpful.
It is this lack of information that I think has made many investors large and small a bit nervous about this company.  
Others speculate that this lack of information from the company has something to do with the possibility that a buy-out is in the works. 
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