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 1:42pm

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

Actually it was three weeks ago and I know that Brent Crude Oil prices are down about 7 percent from when I bought PTA. That probably explains most of the drop in PTA which as a penny stock necessarily will display greater volatility than more expensive stocks. I do like to ask for information from more experienced traders tho. Over the last couple of weeks there has been a lot of good background info shared here and i appreciate it.

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