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 holding up nicely despite Elusive Management !!

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Post by Deadcowon Oct 27, 2014 6:45pm

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Post# 23065754

PTA holding up nicely despite Elusive Management !!

PTA is holding up nicely in this horrible market.
the company just needs to be more transparent with shareholders, we have no idea on time table and schedule of wells. We're in the middle of Q4 and the company continues to be elusive. A schedule for shareholders to look out for would be appreciated by everyone. Why didn't they buy back anything at 0.24 or 0.25 or even at today's prices ?? Even if it's a small quantity to give confidence to shareholders. (10 mill shares ) Reverse split , what's happening with that ?? Blockade ....?? What's going on with that too ?? When are we gonna see 10k boepd that was supposed to be around the corner before the blockade ???
a lot of questions. We should all ask the company for answers !!

cheers

Deadcow

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