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

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Get it cheap while you can

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Post by dallytaylor24on Jun 06, 2014 12:20am

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Post# 22636112

Get it cheap while you can

The new PTA is not going to trade at this steep of a discount for long. PTA has or will be addressing every one of the investors concerns on closing SRN and consolidating at the AGM. Scale (check) Operatorship (check) Healthy Balance Sheet (check) Longer Life Reserves (check) Diversification (check) Exposure to a new Play type (check) close to 10,000 bbls/d (check) tighter capital structure post AGM share consolidation and warrant expiry (check)....all signs point to the "valuation gap" closing. If it doesn't, PTA will surely be acquired by Canacol, Parex, Vetra, Amerisur, Gran Tierra or some other company looking for exposure to Colombia. The smart money knows this is a fact and are accumulating their positions now. So follow the smart money and buy now.

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