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 > Next Q earnings guesses?

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Comment by Deadcowon Feb 28, 2015 5:06am

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Post# 23475154

RE:Next Q earnings guesses?

Mouserman

Anyone that expects PTA to post a Q4 profit is dilusional !!!
Of course they are going to report a loss !! And similarly in Q1 2015, but that's already priced in the stock !! That's why it trades at 12-13 and not 30 !!
The CEO change is very good move !! It would be a red flag if Nelson was booted and they got someone from outside !! I see no red flags at all !!
Concerning the reverse split , that will increase share value and not the opposite. If they make a 10:1 the stock would trade above the $1 level and would allow some institutions to invest that can't right now !!
Concerning the line of credit ....... I can't even believe that we are having this discussion, because on the scale of things it really doesn't make a difference !! If they continue to pay 11% instead of say 8% what difference will that make ??? On a 30 million line that's less than a million difference a year !!!

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