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 > Vetra already sending oil to Ecuador

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Comment by Deadcowon Dec 04, 2014 6:56pm

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Post# 23197382

RE:Vetra already sending oil to Ecuador

Hi Mrpanick,

excellent post & very very good update.
Yes they do pay ridiculous amounts of money to transport their Oil. It actually reaches $18 a barrel.

I spoke with management over a week ago and I specifically asked if they are going to truck Oil with Vetra through Equador and the reply was YES and that an agreement between them was in its final stage concerning that. My understanding even was that Vetra was going to take a fee or commission for this arrangement too, but in General would save them A LOT of money !!

So this is very very positive news for PTA !!
In other words it's like Brent rebounding from $70 to $80 !!

GLTA

Deadcow

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