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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

Post by perdikaoilgason Nov 04, 2014 11:15am
161 Views
Post# 23092484

OPEC and IRAN's Nuclear Program

OPEC and IRAN's Nuclear Program

This was a very interesting read this morning. I quote:


Although some geopolitical concerns like the Russia-Ukraine issue, have calmed down, it would be silly to believe that things in the Middle East won't flare up again as they often do. Aside from the OPEC meeting, there is another big negotiation coming up on November 24. This is the deadline for Iran and the West to have a completed agreement on the nuclear program. I really doubt that this is going to go well. I believe the most likely outcome is for Iran to try to delay this matter once again, and that might work with a weak U.S. administration, but stalling might not work for Israel. A Nomura analyst recently warned that this could cause oil prices to spike in a CNBC article that called Iran a "time bomb" for oil prices and stated:

"If Iran walks away from the negotiation table over the proliferation of nuclear weapons technology in the country, markets could easily be spooked over the region's stability and that could affect the price ofBrent, which has tumbled since June, Nomura's senior political analyst Alastair Newton said in a note Thursday.

"Iran could bring politics very much to the fore again in determining the price of Brent crude before year-end," Newton warned."



Seeking Alpha: IRAN's nuclear probram and OPEC in late November




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