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 exits December @ 5379 bopd !!! Explanation Please !!!

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Comment by perdikaoilgason Jan 12, 2015 7:51am

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Post# 23308427

RE:RE:PTA exits December @ 5379 bopd !!! Explanation Please !!!

Deadcow, please see your inbox. You have the answer there.
There is nothing wrong with PTA in the current pricing environment, which cuts its CAPEX like all the other E&P companies are doing.

PTA also keeps US$60 million cash, as the company clearly states.

Again, please see your inbox.

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