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

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Post by HerrX00on Apr 28, 2015 12:36pm

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Post# 23672143

Good entry point

Maybe @ .25 I give you it was cleary expensive, but at less than .10 (I'm talking OTC usd prices) it's a bargain if you ask me.

Yes, we all know production went down and co. didn't hit any relevant wells, BUT they still have enough production to generate cash at todays prices for a few years, NO debt and very good accreage.

Plus costs are going down due to new routing, less taxes and most probably less G&A.

Again, NO debt.

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