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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Production resumed ?

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Post by Deadcowon Oct 14, 2014 7:40pm

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Post# 23027894

Production resumed ?

Hi everyone ,

Value digger came out with his article and it's quite interesting.
it is quite frustrating what's going on in the whole sector. Oil plummeting today did not help either. Looks like we will break $80 soon, but also looks like the turn around is around the corner !!
im sure a lot of margin calls have been in effect for the last couple of weeks, but everything has an end !!
anyhow does anyone have any idea if production actually resumed on October 1st as was previously stated ?? that shouldve been the date when everything is back to normal ?? Honestly I don't give a sh*t, because PTA is so damn cheap it really doesn't matter, but I'm trying to find excuses for this unexplainable phenomenon !!! I didn't buy any PTA today as I intended, but waiting for a last dump in Oil to add up my last portion.
GLTA

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