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

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Post by terenciuson Oct 14, 2014 9:05pm

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Post# 23028076

brent crude prices hit four year low

An article at Yahoo Business today discussed reasons for Brent crude futures reaching their lowest point since 2010 (81.84 in New York.)

A quote from the story "Oil futures have collapsed into bear markets as shale supplies boost U.S. output to the most in almost 30 years and global demand weakens."

Link to article is https://finance.yahoo.com/news/brent-falls-lowest-since-2010-194439603.html;_ylt=AwrBJR9uxD1UKToAEFbQtDMD

With this significant headwind of dropping oil demand and prices worldwide its no wonder PTA is near its yearlong low.. Gasoline prices locally dropped another 7 cents today and are down 50 cents a gallon for the year. Am holding PTA stock and am guessng Ill have to sit on it for at least a year to recoup investment and make a bit. Certainly not gonna sell at these prices;)

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Ur-Energy revises uranium production guidance for 2024