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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 akm3736on Sep 09, 2015 9:48am
74 Views
Post# 24088572

RE:RE:RE:RE:RE:RE:RE:Insiders Ownership is About 11%, pro forma the PNA Deal

RE:RE:RE:RE:RE:RE:RE:Insiders Ownership is About 11%, pro forma the PNA Deal
Perdi, despite your wishes otherwise, English is my 1st language; shows your bigotry, racial based slurs. Whether English is 1st language or not has NO bearing on the intelligence and brain functionality, which you display inferiority so obviously. See the MIC information in the Apr 14, 2015 AIF. Look at the Share based awards and also option based awards. In addition look at non-equity based compensation; $0 for long term, all are short term. Despite the severely deteriorating SP, their compensation more than doubled from base pay on DECLINING production! In 2013 their compensation was 5 times their base pay! In the absence of long term incentive, all they care about is fatten their paycheques in the short term. For such a small company, why is there a need for an Executive Chairman? Isn't there a conflict when Board members are influential in setting compensation as non-independent directors? From a governance perspective, when the Chairman is active as Chairman, non-executive, independent directors are "bullied" into voting for compensation plans. If they object, they are shown the door. I have mentioned being CFO in a number TSX companies as well as currently on Board and Audit Chair of a TSXV company.... PTA Board's and management practices are close to, if not, criminally violating. Go figure! Why don't you declare your PTA share holdings, average price and how many were given to you free to pump? In addition, your defense is always bits and pieces, trees from the forest opinion. Shallow thinking and dumbness does not make you a good investor, who should be both, objective and subjective. You are on my ignore list now. No use intelligently debating with you.
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