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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 Apr 08, 2014 3:14pm
156 Views
Post# 22426355

RE:hegemonicO

RE:hegemonicOWell, those reserve numbers dont include royalty numbers and associated costs, indirect and direct to bring those reserves into production.. Revenue numbers include royalties and direct costs related to the production of the reserves, but not indirect costs, such as administrative costs, which can not be directly allocated to a unit of production.. Accounting terminology... Public companies follow IFRS,, not US gaap or canadian gaap...  And yes, there are special rules for resource companies... Again, do not rely upon what I have said, it is simply my own dd...
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