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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

Comment by mjh9413on Aug 26, 2014 4:36pm
244 Views
Post# 22880039

RE:RE:RE:RE:RE:MIner, I found this analysis very interesting.

RE:RE:RE:RE:RE:MIner, I found this analysis very interesting.Ok Thanks again. But going back to Q1 report it mentioned #15 was expected to be drilled in Q2 so was after the May 19 Q1 results date but the Q2 report shows it was completed in June, so surely it was part of the 5571boepd June 30th exit rate for LM reported in the same paragraph. What do you think? Even if not in that exit rate at all, that means they still got back to around 6300 in july and with the apparent decline rate in LM that might even mean it is now around 5700 again. It is still not clear to me what exactly is happening particularly as it was also stated somewhere that the merged companies would be 9000, so is that all Suroco's new Quinde (15% ) finds. 
Don't get me wrong I am simply puzzled by the numbers since they clearly influence near term cf psnumbers. If they remain 3c to  4c/share/qtr post merger that's the same as PTA alone when it couldn't get over 36cents. 
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