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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 terenciuson Nov 25, 2014 6:31pm
209 Views
Post# 23163689

brent crude at 78.23; gasoline at $2.79 the good & the bad

brent crude at 78.23; gasoline at $2.79 the good & the badPTA prices sure face a strong headwind with Brent crude having dropped from $112 in June to 78.23 now.  On the other hand I am about to take a 6,000 mile car trip and gas prices have dropped in that same time frame almost a dollar a gallon to $2.79 for regular.

Here is hoping for a good annual shareholder meeting and the latest exploration wells to be heavy producers.  In any event I am  holding on to my modest 40k shares of PTAXF and hoping for a good 2015.

All the best and happy thanksgiving

Terry
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