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 > Whats Up??

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Comment by Poppson Sep 25, 2014 2:44pm

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Post# 22970585

RE:Whats Up??

bonjovi501dude; The lower production guidance announced today PLUS a crappie tape overall (S&P down over 28 as I type this) explains this move. Trust me, I own several stocks down more that PTA today, and 3% on a day like this ain't all that bad. It is bad, though, that apparent info leaks let some sell off prior to the announcement. GL Popps

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