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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

Post by 1crisisatatimeon Jul 19, 2014 9:36am
355 Views
Post# 22762164

My 2 cents worth.

My 2 cents worth.I am new to this board and would like to add my input to PTA as a new shareholder. My recent DD (VectorVest) shows a  value of .61, fallen below 40 day ma I believe as a result of recent merger and some people not happy about it or just taking profits, but I don't think the Suroco shareholders would have rec'd their shares yet as it usually takes about 5 days to receive new shares in compant changes? I may be wrong and would appreciate any input from those who know better. PTA has a Rel V of 1.28 (scale of 0-2) which is good, Rel S of .90 (fair), forecast earnings of 41% growth, which is excellent and is currently rated a hold, because the market is bearish overall.
My TD info reflects PTA  as a Strong Buy with 7 analysts reporting. It has an excellent Earnings rating at 9 of 10, perfect Fundamentals and Rel V at 10, Risk at 8 of 10 and price at 6, which is fair.I feel it is a good investment and purchased shares at .345 on Thurs, and hope to add about 15k on Mon at .325 or .33. I have stated my reasons for my purchases and if you see 15k sold to house 124, you will know I have added. glta
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