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 > PTA featured in this CEO.CA story

<< Previous

Bullboard Posts

Next >>

Comment by Ingiboyon Mar 03, 2014 10:44am

200 Views

Post# 22272597

RE:PTA featured in this CEO.CA story

"Petroamerica soon will show results from its sole risk La Guira 2 well. Barring success at La Guira 2, Mottahed expects the stock could see a tailwind of new buying interest after the expiry of 80 million $0.35 cent warrants on May 9, 2014."

Tommy, what does he mean by "barring success at La Guira 2"? Strange choice of words here.
Also because he is close to the mangement, it is evident that they think the 87 million B warrants are a problem at the moment. There has been some debate here on SH whether the company is happy or unhappy about these warrants.

<< Previous

Bullboard Posts

Next >>

Options trading in a volatile macro environment