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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

Comment by mrpanickon May 21, 2015 5:45pm
186 Views
Post# 23751784

RE:RE:RE:RE:RE:writing on the wall

RE:RE:RE:RE:RE:writing on the wallIngiboy,

I said that the netback was the only positive thing in Q1, for what was otherwise a bad quarter. Not overly optomistic. I think they will turn things around in the next few quarters, but it's not a quick fix.  Other oil plays have certainly done better.  Here are a couple I wrote articles on recently that are doing much better operationally lately than PTA.


https://seekingalpha.com/article/3156326-an-oil-company-with-lower-production-costs-than-opec-tag-oil

https://seekingalpha.com/instablog/5392591-richard-lejeune/4023466-east-west-petroleum-a-junior-oil-company-with-lower-production-costs-than-opec
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