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 > Petroamerica for sale

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Comment by Deadcowon Oct 31, 2014 11:47am

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Post# 23081854

RE:Petroamerica for sale

Ingiboy,

i didnt mention that management are trying to sell the company ! They would be idi*ts if they try to do that now. What I said is, it would be one of the worst things that could happen to PTA today !! Because any offer today wouldn't be a good one. I mentioned that we wouldn't get more than 0.40 If we get an offer now imo, and I was replying to a post. Anyhow PTA is extremely undervalued even at Brent $80-85.
But there's panic in the whole sector and when things settle a bit accompanied with good operations from PTA's side the SP will definitely reflect a more reasonable value.
GLTA

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