Is Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (PTA) a Buy, Sell, or Hold?
NYSE : PTA
Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund
$18.96 USD
-$0.11 (-0.58%)
- Volume
- 83.31K
- Average Volume
- 122.18K
- Market Capitalization
- $1.05B
- P/E Ratio
- 10.92
- Dividend Yield
- 8.48%
- Price Target
- Year High
- $20.92
- Year Low
- $18.13
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.99
- Current Ratio
- $2.73
| Source | Headline |
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2 Closed-End Funds For Monthly Distributions Trading At Discounts
Income-focused investors often appreciate distributions that are paid on a monthly basis, which can help to pay bills or compound a bit faster. In the CEF space, there is no lack of choices to consider, but we are also looking at two names that provide an attractive discount to NAV per share. In addition to paying monthly and trading at attractive discounts, these funds also pay out relatively tax-friendlier distributions as well. seekingalpha.com - 2026-07-06 10:46:07 |
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PTA: Trades At A Discount But Uncertain Outlook
Cohen & Steers Tax-Adv Pref Secs and Inc Fund offers an 8.5% yield, appealing mainly to income-focused investors seeking portfolio diversification. PTA trades at a 7.5% discount to NAV, but rising interest rates and high leverage (34.61%) present notable risks to earnings and capital preservation. 77% of PTA's holdings are below investment grade, with heavy concentration in financials, increasing default and sector-specific risk exposure. seekingalpha.com - 2026-06-25 07:40:59 |
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These ‘Preferred' Monthly Dividends Are On The Discount Rack
Preferred stocks are a little-known dividend secret. Worth knowing, by the way—they can yield up to 9.9%! forbes.com - 2026-05-02 10:10:21 |
