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 > At Brent =US$ 50, PTA operating cash flow is close zero

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Comment by perdikaoilgason Jan 10, 2015 5:02pm

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Post# 23306098

RE:RE:RE:RE:At Brent =US$ 50, PTA operating cash flow is close zero

Fernando,

I do not really get the tone of your posts. Who put the gun to your head and pressed you to buy PTA? Go buy one of the numerous energy stocks instead.

You are also free to believe whatever you want about the costs and everything.
You are also free to write the most sensational title you can ever imagine.

Nevertheless, see the facts about the operating netbacks from PAREX latest PR that was out last night. I quote:

" Overall, we expect the 2015 cash netbacks (operating netback less all cash cost including G&A, interests and taxes) per barrel of: