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 > Suspicious trades at the last minute from Morgan Stanley

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Comment by Ingiboyon Oct 24, 2014 8:55pm

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Post# 23060216

RE:RE:RE:RE:RE:Suspicious trades at the last minute from Morgan Stanley

Hey Popps it may be only a $145.00 trade but it also drives the price down on 872,000,000 shares by $.005. This when you calculate represents a drop in value to the shareholders of $4,360,000. I agree with Perdika and Pip that instead of us starting the week at $.295, we start at $.29. It also represents 1.65% less value. I am also annoyed that somehow the last trade of the day takes us down to $.29 when the asks in the last few seconds of trading were $.295. This seems to happen far too frequently. Can someone on our board explain how this works.

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