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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 10, 2014 6:15pm
198 Views
Post# 22437407

RE:RE:RE:Rigged?

RE:RE:RE:Rigged?I dont believe much of the thought that US based oil companies are priced much better as compared to Canadian companies, at least in the rationale that you may perceive. US based companies, producing in the US have a reasonable cost advantage as compared to their Canadian peers, now that one of the reasons for price difference... As well, there is the theory that captured oil in Canada, trades at somewhat of a discount.. again a minor reason at best, and that discreptancy is decreasing moving forward... Currency fluctuations, actually were the great savior to the Canadian based producer... Dont believe any of that affects Petroamerica.. Parex has gotten respect to a smaller degree based upon revaluation of metrics based upon their size.. But I believe the vast majority of the valuation revision has to do with their recent growth, but much more importantly, moving forward, the thought that they will continue quite successfully on the path of excellent growth, based upon a flurry of what looks to be, very interesting smaller sized acquisitions.. as per their business plan.. they want to be the consolidator.. doesnt look like they want to be sold either, looking to get even bigger and in a rapid fashion... The obvious is to have a look at us... and Las Maracas.. I am for that.. im happy to consider the much improved metrics a larger, growing company might provide... just a thought.. now back at it.
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