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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 Crotchon Apr 28, 2014 8:45am
215 Views
Post# 22496988

RE:RE:RE:Better Production Guidance!

RE:RE:RE:Better Production Guidance!Ah yes, if you point out the bad news you are a basher. I love it. I suppose your "online brAin capacity test" will not include a spelling and grammar component? 

Do you understand the importance of the reserve replacement ratio for PTA? It is of absolute critical importance at this time since they are effectively a  one field producer. If they can't maintain the current level of production from LM, as well as proving up reservers, that big old mountain of cash they have will be gone - POOF - quicker than a fart in a hurricane. 

The expectations are egregiously high (in my opinion of course). 

It looks like PTA has been halted...


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