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 > MORE about that rumor:

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Comment by perdikaoilgason Feb 25, 2015 3:25am

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Post# 23461913

RE:MORE about that rumor:

Good catch. And there were 4 readers who liked Duago's post! I quote Value Digger's answer:

Duago,

This has NOTHING to do with PTA. The name seems to be the same but the companies are completely different. Call PTA to confirm it.

But, it makes sense why you got confused. I quote it from your SA profile:

"Occasional investor. Small and new. Still trying to just understand it all. Will have more questions than opinions I expect".

And obviously, there are several other SA readers who are exactly like you. You are not alone. I am talking for those 4 SA readers who rated and liked your inaccurate post.

Not 1, not 2, not 3, but 4 readers rated and liked your post within just a couple of hours.

As a result, panic selling from people like you and all those who liked your misleading post can easily cause a domino effect in a thinly traded stock like PTA.

Either way, thank you for the heads-up.

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