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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > The depressed price of oil makes no sense..based upon

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Comment by HedgieTdoton Jan 12, 2015 2:03pm

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Post# 23310274

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

Perhaps they are watching the fundamentals and understand them well enough, and know that it'll take time before production falls off and inventory is depleted? Tie once the costs are sunk to drill, declines and inventory trim all take time. In that intervening time period there's enough for sale that purchasers can have the petroelum product they want at cheap prices? We aren't going to perk out of this by June.

Have you thought about Colombia sidelined rigs? Is PTA's operator Vetra essentially telling you that their wells don't stand economic thresholds at these prices?

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Golden Minerals closes Yoquivo gold-silver project sale