Cohen & Steers PTA Drops 0.76% Amid Technical Trading Plans

Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) experienced a slight decline of 0.76% today, marking its highest share price since April 2025 with an intraday gain of 0.25%.

The strategy of buying PTA shares after they reached a recent high and holding for 1 week yielded moderate returns over the past 5 years, with a maximum drawdown and relatively stable annualized returns.

Maximum Drawdown: The maximum drawdown during this period was -5.04% on August 26, 2024, which occurred after the stock reached a high on August 26, 2024. This indicates that while there was a downturn, it was relatively contained compared to the overall performance.

Annualized Returns: The annualized return for this strategy was approximately 2.5% over the past 5 years. While this is not a high yield, it provides a stable return and is indicative of the fund's performance during this period.

Comparison with Benchmark: It is important to note that the performance of this strategy is benchmarked against the Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund (NYSE:PTA), which has a long-term average annual total return of approximately 4.5%. This suggests that while the strategy of buying PTA shares after a high and holding for 1 week yielded positive returns, it underperformed the fund's overall performance.

Market Conditions: The performance of this strategy is also influenced by broader market conditions and the performance of preferred securities. Factors such as interest rates, credit spreads, and market volatility can impact the returns of preferred securities, which in turn affect the performance of PTA shares.

In conclusion, while the strategy of buying PTA shares after a recent high and holding for 1 week yielded positive returns over the past 5 years, it underperformed the long-term average returns of the Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund. This is due to a combination of factors, including market conditions and the performance of preferred securities.

On June 4, 2025, the stock price of Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) was significantly influenced by technical trading plans. These plans included specific buy and short signals based on resistance and support levels. The data suggested buying PTA near 19.23 with an upside target of 19.99 and setting a stop loss at 19.17, indicating a buy signal as support was being tested. Additionally, short signals were suggested near resistance levels of 19.99 and 19.75 with corresponding downside targets and stop losses. These trading strategies were driven by technical analysis, which implies that stock price movements were influenced by these technical indicators and trading plans.