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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

Post by Zookillogicalon Jan 12, 2015 12:22pm
195 Views
Post# 23309652

The depressed price of oil makes no sense..based upon

The depressed price of oil makes no sense..based upon explantions that the production-use ratio is out of synch by 1MM to 2MM barrels per day!   Producing 92MM and using 90MM indicates a huge thirst for oil at a time when many strict conservation measures are in place all over the world.  How does a 1.5MM (average), or 2%, overage, produce a 50+% drop in price?   I find myself doing weird things with oil this low, like putting the pedal to metal to use all 380hp on my truck...just from grins, because it doesn't cost much these days! (Something I'd rarely ever did when oil was at $3.80/gal US!     Replicate that mentality, just in the USA alone, and we'll easily burn millions of extra barrels a day!   World wide, serendipitous use of gasoline is going to easily burn off any excess...if there is any!   Nope...something else is going on...and they perps are telling us little guys what their up to!
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