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 > Bloomberg Article about PTA: The 4 Key Points

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Post by perdikaoilgason Nov 13, 2014 12:46pm

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Post# 23125060

Bloomberg Article about PTA: The 4 Key Points

These are the 4 key points as quoted at the latest Bloomberg article about PTA. They also help you draw your conclusions about whether to buy or sell now:

I) Petroamerica Oil Corp. expects to receive in “a few months” a license to operate its first Colombian oil block and is seeking funding for further expansions, Chief Executive Officer Nelson Navarrete said.

II) PUT-7 is adjacent to Petroamerica’s Suroriente block where a September agreement between the government and residents ENDED a two-month blockade that hindered oil production in the third quarter.

III) Government support because of Ecopetrol: “The government played an important role in the agreement and has followed it up,” he said.

IV) A share sale is NOT being considered.

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