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 > PTA currently not that cheap

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Comment by mrpanickon Oct 18, 2014 2:55pm

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Post# 23040764

RE:RE:RE:RE:PTA currently not that cheap

To have an objective conversation about geopolitical risk in Colombia, you would need to look at factors such as govt bond yields for Colombia. The 10 year bonds are now yielding about 6.7%. TO say that Colombia is run by drug dealers is wrong. The last election was between the moderate right wing and right wing. (the moderates won). The govt bonds yields at 6.7% are among the lowest for South America and I think that's a good proxy for geopolitial risk. Also some Colombian peers are trading at much higher cash flow multiples than PTA.

https://www.tradingeconomics.com/colombia/government-bond-yield

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