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 > Typing error in previous message

<< Previous

Bullboard Posts

Next >>

Comment by Deadcowon Jan 30, 2015 3:30pm

77 Views

Post# 23383065

RE:RE:RE:RE:Typing error in previous message

Shlinker,

what do you expect ?
when the Sh*t hit the fan back in October and the whole sector collapsed !!
Companies can be categorized in order of risk, stability, liquidity, jurisdiction........

1: The Majors ( Exxon / Cheveron )
2: The Contenentals / Hess/ Whiting
3: Canadian companies
4: European large caps ( BP's )
5: Small cap US shake plays
6: Emerging market E&P's

So basically PTA or Colombia is at the bottom of the chain, that's no rocket science !
Having said that, Colombia is better than a gazillion countries out there and PTA is better than another gazillion small cap E&P's out there too with a great balance sheet !!
unfirtunately a few hiccups last year didn't help the stock.
If it was a mistake to hold on to PTA throughout last year (or the whole sector) it would be a greater mistake to jump ship now !!
anyhow everyone takes the risk that they can handle, so if PTA or Colombia is too risky then I highly advice to stay in bigger US firms .

Good Luck

<< Previous

Bullboard Posts

Next >>

Canadian psychedelic stock to supply MDMA to Yale