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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 May 29, 2014 1:35pm
208 Views
Post# 22611040

RE:RE:RE:sharebuy back

RE:RE:RE:sharebuy backI dont think much variance in the price until year end, and establishment of reserves that have been added for the year... I did like the concept of undertaking jvs as was done with Petro Rubiales, you then dont have to deal with management payouts and so forths... As of now, the pie has gotten bigger in terms or production and reserves, but we have more shares or pieces of pie as well. Additional reserves need  to be defined  over and  about what may come from SRN, as if that deal is approved, then the share counted is 830 million or so, and likely another 15 - 20 percent potential dilution through options and SAR's. I am hoping for a rollback of sorts, and enough volume to remove much of the overhead from options and warrants.
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