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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 Buzzgroveon Dec 02, 2014 4:18am
399 Views
Post# 23184472

Well...

Well......this is one instance where I wish I was wrong. Really liked PTA but there's not much left to it. Just glad that I pulled out at $0.44 and $0.36. Have thought about renewing a full position at these prices. Putin is not going to stomach OPEC's flooding the market before he provokes a serious conflict to boost prices. The down side is that the crash has now produced any number of better deals. Too much working against these fellas and depletion rates are off da hizzle. Still, my gut tells me to buy so I'm going to pick up 500,000 on instinct. Let's roll the dice.

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