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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

Cohen & Steers Tax-Adv Pref Secs and Inc Fund > Spread Brent - WTI at $12 and rising
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Comment by mrpanickon Feb 27, 2015 11:06pm
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Post# 23474977

RE:RE:RE:RE:Spread Brent - WTI at $12 and rising

RE:RE:RE:RE:Spread Brent - WTI at $12 and risingI wonder if PTA gets lumped in with the baskets of WTI producers because it trades in Canada?  Hedley or someone is probably going to say that of course investors are not so stupid.  A lot of stocks are owned by large institutions that own "baskets" of them and don't look at them individually much.  If they knew what they owned, no would would dump 6 mil shares on a story about an old scam stock with the same name.

Here's proof that dopey stuff happens.  I trade FXENP which is the preferred convertibel stock for FXEN.  FXEN is a Polish Natural gas producer.  Very little exposure to oil prices.  Marketwatch put it on some dopey list of "oil" stocks that woudl rally if oil went up and it nearly doubled in a couple of weeks (since pulled back a bit).  Here's the dopey news story by the thestreet about how a Polish natural gas producer was rallying on higher oil prices.

I really wouldn't be surprised if PTA is being valued as a WTI producer because it trades in Canada.

https://www.thestreet.com/story/13045072/1/fx-energy-fxen-stock-soars-today-as-oil-prices-rally-yet-again.html?puc=yahoo&cm_ven=YAHOO
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