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 > The news release tells the story

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Post by silverTon Nov 16, 2015 12:23pm

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Post# 24295071

The news release tells the story

PTA didn't have the nerve to talk with their investors.............no GTE did the talking !

I didn't even lose on this deal because I came late to the party........but I feel bad for the longs that got taken for a ride...........I don't know how they can sleep at night the stinkers.

.I'm out of here

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