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 > I think

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Comment by irishwillon Feb 07, 2014 10:58am

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RE:RE:RE:RE:RE:RE:I think

Thanks Stock. A roll back would be a contradiction to the phantom appreciation plan. Management would lose credibility with investors and their employee's. Guys they mentioned selling the company to Parex at the meeting in London. As I said earlier I believe a deal is in the works and it will happen before the end of q1. They also pushed releasing Q4 2013 until April which should have happened the Beginning of this month.

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