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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

Post by hegemonicoblivionon Sep 25, 2014 11:11am
120 Views
Post# 22969627

32 cents and news comes...

32 cents and news comes...well basically in yesterday before the news, but no matter.
stock has not bumped higher nor lower. not going to add much to
position today... it is entirely possible lower prices might transpire,
maybe not, but thats my opinion. Fundamentailly speaking, not much
to glean, at least by me in terms of going forward. That will have to
wait at least until the year end, 2015 capex projections. My motivation
to stay long and go longer now, would be based upon the premise
of a buyout or acquisition by another company.  There has been no discussion
on whether or not, Vetra might still have an interest in expanding its presence.
In any event, the proverbial chips have now fallen where they have, and some
answers have been given.
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