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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

Comment by hegemonicoblivionon Feb 12, 2014 11:31am
190 Views
Post# 22200091

RE:RE:RE:RE:It makes no sense at all

RE:RE:RE:RE:It makes no sense at all Well, you highlight what I have been saying for quite some time.
There is likely too much cash on the balance sheet, to be used
effectively, at least in my opinion. CAPEX  (2014)is shaping up to be
less than 2013, and we have to be patient on Malivar.. The installation
of a modest dividend (2 cents per year; 12 Million a year) could solidify
and improve pricing, while attracting new types of investors. Not sure
what I can say, that has not already been said. If you are in the camp,
of shares are decently undervalued, then you would not want the shares
to be utilized as currency for takeover or block acquisition. SO then where
does this leave us in terms of improving pricing.. Ill leave that to you...
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