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 > What A Battle

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Comment by terenciuson Nov 13, 2014 2:22pm

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Post# 23125650

RE:RE:RE:RE:RE:RE:RE:What A Battle

Currently down 40 percent from when I bought PTAXF on August 27 after reading VD article in Seeking Alpha. Wish I had followed your advice about waiting a couple months:)

Stock will have to appreciate 67% from current level to get back to where I bought it in late August. It may still happen in a year's time.

Meanwhile Brent crude oil dropped another 2 percent today to 78.36 USD down from $103 in late August when I bought PTAXF.

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