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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 ANBCAon Jan 10, 2014 8:49pm
436 Views
Post# 22080500

Piece of this puzzle is missing!

Piece of this puzzle is missing!No game plan for 2014?  Very conservative guidance with respect Production.  There are more questions than answers.  Is a deal in the works?  No one sits on this kind of cash for long.  If the company can't deploy the cash then give some of it to the shareholders.  
Something just feels or seems very odd here.  Wouldn't you agree?
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