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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

Comment by Ingiboyon Jan 29, 2015 1:07pm
74 Views
Post# 23377883

RE:RE:Frightening

RE:RE:FrighteningMirage,
What would be timely right now would be a NR announcing the spudding of Langur-2 appraisel well.  According to the last NR it was to be spud in Q1.  We are now 1/3 of the way through Q1.  Also it would be good if they would spud the other 2 wells sooner than later: LLA -10 (Garza-Roja-1) and  El Porton (Calatea-1).
The Garza Roja-1 well if successful could definetely be a game breaker for PTA.  The projected field is huge and PTA owns 50% of the block.  We have heard about this block for many years and we are so close to exploring it.
I am hoping these wells are drilled as promised as we have seen this before.
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