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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 Buzzgroveon May 05, 2014 10:06am
232 Views
Post# 22524182

RE:If i were...

RE:If i were...If the merger was a bad deal, would SRN holders let it pass? I wonder also if dumping a minority position post merger would trigger PTAs issuer buys. If my limited understanding of markets is correct, that may actually lead to a slight bump in price as the shares were retired. What I don't fully understand are the issues with buying production versus drilling. If the company has a large war chest, is paying a slight premium on reserves not preferable to risking 100% of capital on drilling? If the short-term strategy was growth through M & A, does it matter how many holes are drilled? Apologies if the questions seem a bit naiive. Just trying to understand the divergent views.
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