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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 hegemonicoblivionon Sep 24, 2014 11:29am
79 Views
Post# 22965859

RE:RE:Might be getting closer for me to buying point...

RE:RE:Might be getting closer for me to buying point...Yes, someone here has the analysis correct.. the oil price is down... yes.. and the longer it remains at these prices, the more likely revisions of the various metrics will take place. In any event, it looks to be a China thing... so hard to determine the probabilities of the various price points oil may take over the short and medium term.. In any event.. I think it would be a very opportune time for the buyback to begin in earnest... 32 for me, is a possible entry point, considering the outlook on oil. However, it is not to say, that a reversal in pricing could not happen quickly, especially if something unexpected happens in the middle east or in Russia. Buyback please, for those long term people who have been around for more than a few months.
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