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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > The Halt - Guestimations

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Comment by hockeylad33on Jun 19, 2014 1:58pm

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Post# 22676270

RE:RE:The Halt - Guestimations

Hmm, you are right, somehow that slipped past. In that case, I would bet PTA will be sweetening their offer with warrants or better exchage ratio. Seems the most likely event, although it makes no sense to me. Why pay more when you can wait and see, unless they have gotten very little tendering to the offer and know it is not going to work out.

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Southern Ontario mineral processing operation receives green fund support