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 > Now, PTA has production in 2 Basins and 5 Blocks

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Comment by HedgieTdoton Jan 12, 2015 12:01pm

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Post# 23309540

RE:RE:RE:Now, PTA has production in 2 Basins and 5 Blocks

PTA has $60mm cash! - Just saving Perdika some time...

They will not drill sufficiently to replace declines in 2015 to maintain balance sheet as best they can, however working capital will erode in the company in 2015 regardless - Hedgie.

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