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 > How big is a Billion?

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Comment by mrpanickon Feb 17, 2015 12:17pm

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Post# 23435996

RE:How big is a Billion?

Here's another interesting fact. A billion x 10 cents is the same as 10 million x $10. I could think of many companies with more than 5X the enterprise value of PTA with only about half the production. MILL is one example. Watch the price spike higher if they do a reverse split and take this "issue" off the table.

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