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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 mirage2014on Nov 13, 2015 2:19pm
189 Views
Post# 24289718

RE:RE:RE:did management of PTA agree to this lousy deal?

RE:RE:RE:did management of PTA agree to this lousy deal? I expect a higher bid coming in sometime over the next week or two. Management will have no alternative but to review/accept it, because they'll never get the approval for a lower bid. GTE will then need to raise their offer, which is a lowball offer, and we all know it. I truly believe we will all be much happier with the sale price of the company in a couple weeks. GL.
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