Stockhouse.com uses cookies on this site. By continuing to use our service, you agree to our use of cookies. Cookies are used to offer you a better browsing experience and to analyze our traffic. We also use them to share usage information with our partners. See full details.
I Agree
×
Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Privacy Policy | Disclaimer

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Privacy Policy | Disclaimer
Please Try Again {{ error }}

Send my password

Return to Login
SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 > bottom line: PTA is undervalued at this level.
<< Previous
 Bullboard Posts
Next >>
User Avatar Image
(0)
•••
Comment by hegemonicoblivionon Jul 18, 2014 1:56pm
394 Views
Post# 22760445

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:bottom line: PTA is undervalued at this level.

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:bottom line: PTA is undervalued at this level.I think 40 cents might be asking a little much, especially as the price of crude has been falling the last few weeks... Iraq is a little better, and even the headaches in Libya are not causing a bump up higher in pricing.. Its the USA and its burgeoning supply (not over the longterm in my opinion) that is causing some neutrality in expectations of pricing to prevail. Longer term rollback is necessary, at least by me.
If it doesnt happen, then I see much less a chance of 40 cents to be base.. 5 to 1 would be a nice level to roll producing 150 to 200 dollars...This all gets tossed out of course, if there is a suitor that comes knocking... And that is my particular bet...as I am not interested in only making 20 percent by christmas (other than a big chip financial) in my investments, not worth the risk, at least for me personally. First things first, bring out some kind of summary of the fundamentals.. Lets not forget the JV with PNA, that needs more clarification.... 
<< Previous
 Bullboard Posts
Next >>
Dealroom for high-potential pre-IPO opportunities