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 > New Bid by PTA

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Comment by hegemonicoblivionon Jun 20, 2014 11:48am

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Post# 22679841

RE:New Bid by PTA

I can agree with a reasonable portion of that thought.
I do expect one more bid from Vetra, as they obviously
believe the whole is worth more than the sum of the parts.
They should know the asset very well. Lets see if that happens.
SRN shareholders still have additional upside in my opinion.
Im not so keen on the amount of shares being offered, but
situations provide opportunity. Sometimes it takes some patience
to take advantage. To the guy that is placing some valuation on
the 2P reserved per barrel. I believe your number if far too high,
most are in the mid 20s low 30s.. But thats my opinion.

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