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 > Shares

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Comment by Shlinker_on Jan 14, 2016 9:34pm

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Post# 24460436

RE:Shares

13.6M Gran Tierra shares was 34.1M PTA shares, (0.4 PTA shares for every 1.0 GTE, factor of x 2.5). The rest was cash given. The cash is the way better deal, can get GTE for cheaper. Break even GTE price is 3.32/share.

GTE is a good play, they also just aquired more land in the PUT7 area. But the PTA management and paid authors were a big scam to all long shareholders. I wish PTA management didnt get the 25M in severence. Im sure Fatman Ralph will eat his way to the bank in Calgary.

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