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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 Zookillogicalon Sep 26, 2014 12:57pm
191 Views
Post# 22973823

New to PTA..and tried to explain price drop as due to market

New to PTA..and tried to explain price drop as due to marketconditions, generally!    But, on second thought, the price was punished much more than most O&G's!    Some of that may be shareholder's angry at poor info flow from Management, as well as general market!   Now, I'm thinking that the market has growing suspicions about Management!   What is the view of Board members as to the harsh punishment that PTA's price received?
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