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 > Operational Update

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Comment by terenciuson Sep 24, 2014 5:10pm

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Post# 22967590

RE:RE:RE:RE:RE:RE:RE:Operational Update

Add me to the unhappy crowd:)

Bought 20 k shares of PTAXF at 38.8 on 8/27/14 day after the public SA article. PTAXF closed today at 29 or about 25 % down in just short of a month.

Any idea what date the SA Pro version of VD's article was published?

Am curious how much of a bump if any that the limited paid subscription (Pro) version of the same VD article gave the stock between the time it was published and the public (free) version of the SA article came out.

Mulling over adding additional shares at 29 to "average down" my cost basis for PTAXF. "No risk, no reward", I reckon. Barring some unforeseen fundamental change in the company, I plan to hold PTAXF for at least a year. Will be fun to revisit this board and see where we stand a year from now. Anyone want to hazard a guess at PTAXF stock price on October 2015?

Taking the long view (or at least trying to;)

Terence

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