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 > sad day for PTA

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Comment by surfthesnowon Oct 07, 2014 9:12pm

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Post# 23008340

RE:sad day for PTA

I am not sure what you all expect from HO; but I am quite sure I have not read release after release after release from every oil & gas, gold, coal, silver..... company out there professing to explain a precipitous drop in share price over the past months.

Since July 1, the TSX energy index down 18%, gold down 9%, Venture down 18%, crude down...

It's just a bit broader than PTA...

They will announce when they have something to say - not when retail investor cry foul.

The COB just bought $500K worth of stock - is that not enough of a message?

JMO... and I'm down 25% on 1.0MM shares.

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