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 > RLI at 4.1 years up from 2.1 years!!!!!!

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Comment by perdikaoilgason Feb 26, 2015 6:11am

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Post# 23466821

RE:RE:RE:RE:RLI at 4.1 years up from 2.1 years!!!!!!

I quote the excerpt from Value Digger article in Seeking Alpha.
Value Digger must sell his Reserves Valuation Model to "gurus" LOL "analysts" LOL from CIBC like POPOWICH:

Second, Mr. Popowich claims that 2P's RLI will be 2.5 years. My 2P reserves estimates show that 2P's RLI will be at least 3.5 years. But even if 2P's RLI is 2.5 years, which is surreal, Petroamerica is not a cash-strapped, heavily indebted player with limited acreage in the middle of an uncharted land. Petroamerica has large acreage (500,000+ net acres), plenty of cash and one of the healthiest balance sheets in the energy sector in order to drill both development wells in its already producing Blocks and new exploration wells in its undeveloped properties, which are surrounded by proven and producing oilfields.

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