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.

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Cohen & Steers Tax-Adv Pref Secs and Inc Fund

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Post by kpickeron Jan 04, 2016 6:30pm

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Post# 24428837

news

Press release from CNW Group

Petroamerica Oil Corp. Announces Vertical Amalgamation with Subsidiaries

Monday, January 04, 2016

Petroamerica Oil Corp. Announces Vertical Amalgamation with Subsidiaries

18:20 EST Monday, January 04, 2016

CALGARY, Jan. 4, 2016 /CNW/ - Petroamerica Oil Corp. ("Petroamerica") (TSX-V: PTA), an international oil and gas company operating in Colombia, is pleased to announce that it has completed a vertical amalgamation (the "Vertical Amalgamation") with its wholly-owned subsidiaries, Aries Exploration Corp., Petroamerica Inc. and Petroamerica International Corp. (the "Subsidiaries") pursuant to subsection 184(1) of the Business Corporations Act (Alberta) (the "ABCA"). Each of the Subsidiaries is a private company incorporated under the ABCA. The Vertical Amalgamation did not require shareholder approval and was completed to simplify the corporate structure of Petroamerica. No securities were issued in connection with the Vertical Amalgamation. The shares of the Subsidiaries were cancelled without any repayment of capital in respect of them.