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 > Simply put, it cant stay here

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Post by skyline980on Sep 25, 2014 9:07pm

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Post# 22971984

Simply put, it cant stay here

Straight up, doesnt matter about the recent unimpressive press release and minor bad news, the company is far too profitable to stay at these levels. It will be back up there in a matter of months and if that doesnt happen, it will be bought. Personally not worried at all, we may see some lower numbers yet, just an opportunity to average down IMHO. And a damn good opportunity.

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