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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

Comment by terenciuson Oct 17, 2014 9:55am
170 Views
Post# 23037297

RE:RE:RE:RE:RE:Parex Q3 Production Report

RE:RE:RE:RE:RE:Parex Q3 Production Report
I bought PTAXF on 8/27/2014 at 0.388 and again on 10/1/2014 at 0.2735.. It now sits at 0.23.

 That represents a 41% decline since 8/27/2014 and a 16 percent decline since October 1.

Will have to see stock climb to 0.33 to break even. Plan to hold through 2015 and hope that an eventually rising crude oil price will lift all boats:)

Regards

Terry

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