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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund > POSITIVE FFO at US$17M with Brent at US$70 & 5,400 bopd

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Comment by Fernando2010on Apr 15, 2015 1:40pm

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RE:RE:RE:POSITIVE FFO at US$17M with Brent at US$70 & 5,400 bopd

Read again perdika.
I compared G&A expenses in Q4 2014 (US$ mio 7 millons) with the amount spent in Q3 2014 (US$ 5,2 millons).
In the current business environment, there is not any justification for that increase (other than management´s greediness).
But anyway, as you said, I´m out of this mess. It´s not my business anymore

Fernando

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