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 > I agree Newbern

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Post by silverTon Nov 14, 2015 7:34am

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Post# 24291340

I agree Newbern

"It is very difficult for me to trust PTA management. Something just doesn't seem right. I suspect more offers will come. But the PTA management may push this through with the appearance to me of money under the table."

PTA spent the last 2 years gathering assets just to give it away at a loss..........doesn't make any sense. With 21M in the bank and 3-4 k bbls/day they could weather this storm.................so something stinks !

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