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 > any ideas on underlying reasons for PTA's steady decline ?

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Comment by terenciuson Sep 22, 2014 1:01pm

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RE:RE:RE:any ideas on underlying reasons for PTA's steady decline ?

nice to get a bit of philosophy to start the day. Equal measures of irony and sarcasm I suppose. I suspect you didn't really want to know my favortie shares but since you asked, the other two I currently hold are BAC which I bought in 2011 at 7.3 (now 17) and Citigroup which I got in 2011 at 29.9 (now 53). I will continue to hold them for a while longer since I think they have room for another 50% appreciation .

I also bought and Facebook at 33 and GE at 15.5 ; sold them but wish i hadn't. My mistake with PTA was to buy on the bounce right after a favorable article but will ride this one until after the expected reverse split and/or buyout;)

Here is hoping you have a good day

Terence

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