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 > PTA Announces Decision To Case And Test Langur-1X

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Comment by mrpanickon Dec 10, 2014 7:45pm

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RE:RE:RE:RE:PTA Announces Decision To Case And Test Langur-1X

No well is 1000 times bigger than imagined. The well update they gave today does suggest the potential for another Las Maracas type field. LM was the cash cow that has funded this company. They have been hoping to replicate or extend that field by drilling the same formation in nearby areas. They are trying to replicate LM and may well have done it. It's too bad they came out with that announcement with oil down big.

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