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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Does anyone know what the roll back will be

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Comment by mrpanickon Sep 24, 2014 8:59am

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RE:Does anyone know what the roll back will be

1 for 20 makes the most sense to me. Admittedly, I'm looking at it from a US perspective. Wouldn't hurt PTA to get the price well above $5 (where many of their larger peers already trade). It would make comparison to their peer group easier, stock would be marginable for more investors and many US investors do prefer stocks over $5. Seems to me like that's the best way to attract institutional investors.

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