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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

Post by hegemonicoblivionon Apr 21, 2014 12:03pm
207 Views
Post# 22472650

Reserve report and year end..

Reserve report and year end..Really not sure why no reserve report has been released as of yet.. yes, probably that bundling of end of year financials and reserve report... Still one can make a reasonable guess at what the reserves may show in any event.. May 9th.. well.. for me seeing is believing... And sure, it does make some logical sense for PXT to acquire us.. Dont think there is much stopping them from doing that... There are no reported owners of 9.9 percent plus shares of the company... At least the market will get to decide on that, if and when it happens.. Id actually be more curious as to why someone doesnt acquire us, versus a company making a play for our shares.. Now that would be
intriguing indeed.. I think in the case of Las Maracas, the whole is worth more than the sum of its parts, and to combine that golden goose into one, makes a whole lot of sense, on the g and a side.. As well who knows the asset as well as we do.. our JV partner.. Lets see how this plays out.
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