Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA)
The Cohen & Steers Tax-Advantaged Preferred Securities & Income Fund (PTA) functions as a specialized, closed-end investment vehicle. This fund commenced operations on November 14, 2019, and has its principal office located in New York, NY.
Industry: Asset Management - Income
Cohen & Steers Tax-Advantaged Preferred Securities and Income Fund
NYSE:PTAFinancial Services · Asset Management - Income
PrePre-market+0.00%$16.83
Close$16.83-0.24%
AH Close$16.83+0.00%vs close
Close$16.83-0.24%AH Close$16.83+0.00%vs close
Mkt Cap-
Float55.26M
O/S-
Inst Own-
SI<0.1%
Div Yield9.55%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$122.03M
Net Income$89.54M
Total Assets$1.78B
Free Cash Flow$86.97M
Debt & Equity
Debt 34%
Equity 66%
Total Debt$603.35M
Total Equity$1.17B
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in PTA's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$1.78B
Liabilities$614.47M
Accounts Receivable$24.29M
Accounts Payable$9.24M
Inventory$0
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 |
| Revenue | $122.03M | $243.11M | -$1.98M | -$228.81M | $139.17M | -$290K |
| YoY Growth | -49.8% | -12357.5% | -99.1% | -264.4% | -48134.5% | - |
| Cost of Revenue | $30.96M | $0 | $35.28M | $0 | $5.59M | $0 |
| Gross Profit | $91.07M | $243.11M | -$1.98M | -$228.81M | $133.57M | -$290K |
| Gross Margin | 74.6% | 100.0% | 100.0% | 100.0% | 96.0% | 100.0% |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $1.51M | $1.63M | $1.61M | $1.53M | $2M | $162K |
| Other | $19K | $19K | $19K | $49K | $500K | $0 |
| Total Operating Expenses | $1.53M | $1.65M | $1.63M | $1.57M | $2.5M | $162K |
| Operating Income (EBIT) | $89.54M | $241.46M | -$3.61M | -$230.39M | $131.07M | -$451K |
| Operating Margin | 73.4% | 99.3% | 182.0% | 100.7% | 94.2% | 155.8% |
| Interest Expense | $30.96M | $36.58M | $35.28M | $13.17M | $5.59M | $0 |
| Interest Income | $89.79M | $81.29M | $70.84M | $61.51M | $52.05M | $0 |
| Other Income (Expense) | $0 | $0 | $0 | $0 | $0 | $0 |
| Income Before Tax (EBT) | $89.54M | $241.46M | -$3.61M | -$230.39M | $131.07M | -$451K |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $89.54M | $241.46M | -$3.61M | -$230.39M | $131.07M | -$451K |
| Net Income Margin | 73.4% | 99.3% | 182.0% | 100.7% | 94.2% | 155.8% |
| Supplementary Data | ||||||
| EPS | 0.00 | 4.68 | -0.07 | -4.16 | 2.37 | -0.01 |
| Diluted EPS | 0.00 | 4.68 | -0.07 | -4.16 | 2.37 | -0.01 |
| Weighted Average OS | 51.57M | 51.57M | 51.57M | 55.38M | 55.30M | 45.13M |
| EBITDA | $89.54M | $241.46M | $30.21M | -$447.37M | $131.4M | $0 |
| EBITDA Margin | 73.4% | 99.3% | -1523.4% | 195.5% | 94.4% | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 | 2020-10-31 |
| Assets | ||||||
| Current Assets | ||||||
| Cash and Cash Equivalents | $915K | $1.41M | $1.33M | $260K | $1.24M | $0 |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $915K | $1.41M | $1.33M | $260K | $1.24M | $0 |
| Accounts Receivable | $24.29M | $19.77M | $23.5M | $26.6M | $22.74M | $2.84M |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $25.2M | $21.18M | $24.83M | $26.86M | $23.98M | $2.84M |
| Long-Term Assets | ||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $953K | $4.28M | $533K | $1.77B | $2.1B | $1.58B |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.76B | $1.76B | $1.6B | $1.81B | $2.11B | $0 |
| Total Long-Term Assets | $1.76B | $1.76B | $1.6B | $1.77B | $2.1B | $1.58B |
| Other Assets | $0 | $0 | $0 | $12.4M | $10.8M | $0 |
| Total Assets | $1.78B | $1.78B | $1.63B | $1.81B | $2.13B | $1.58B |
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts Payable | $9.24M | $6.89M | $6.72M | $13.47M | $3.96M | $328.09M |
| Short-Term Debt | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $0 | $0 | $0 | -$2.04M | -$1.93M | -$73K |
| Total Current Liabilities | $9.24M | $6.89M | $6.72M | $13.47M | $3.96M | $328.09M |
| Long-Term Liabilities | ||||||
| Long-Term Debt | $603.35M | $602.55M | $600.11M | $682.84M | $690.16M | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $1.87M | $2.96M | $2.16M | $0 | $0 | $0 |
| Total Long-Term Liabilities | $605.23M | $605.51M | $602.27M | $682.84M | $690.16M | $0 |
| Other Liabilities | $0 | $0 | $0 | $3.47M | $3.11M | $0 |
| Total Liabilities | $614.47M | $612.41M | $608.99M | $699.79M | $697.24M | $328.09M |
| Stockholders' Equity | ||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $1.35B | $1.36B | $1.36B | $1.36B | $1.36B | $1.25B |
| Retained Earnings | -$183.41M | -$186.08M | -$341.79M | -$252.28M | $70.5M | -$223K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Equity | $1.17B | $1.17B | $1.02B | $1.11B | $1.43B | $1.25B |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.78B | $1.78B | $1.63B | $1.81B | $2.13B | $1.58B |
| Supplementary Data | ||||||
| Total Debt | $603.35M | $602.55M | $600.11M | $682.84M | $690.16M | $0 |
| Net Debt | $602.44M | $601.14M | $598.78M | $682.58M | $688.92M | $0 |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD |
| Period Ending | 2025-10-31 | 2024-10-31 | 2023-10-31 | 2022-10-31 | 2021-10-31 |
| Operating Activities | |||||
| Net Income | $89.54M | $241.46M | -$3.61M | -$230.39M | $131.07M |
| Depreciation & Amortization | $0 | $0 | $0 | $0 | $328K |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||
| Accounts Receivable | -$2.39M | $117K | $2.77M | $196K | -$18.7M |
| Inventory | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$252K | $34K | $449K | $842K | $2.51M |
| Total Working Capital Change | -$2.64M | $151K | $3.22M | $1.04M | -$16.19M |
| Other Non-Cash Items | $71K | -$158.99M | $169.73M | $332.03M | -$846.91M |
| Net Cash from Operating | $86.97M | $82.62M | $169.34M | $102.68M | -$731.7M |
| Investing Activities | |||||
| Capital Expenditures | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||
| Debt Repaid | -$800K | -$2.44M | $82.73M | $7.32M | -$689.8M |
| Common Stock Issuance | $0 | $0 | $0 | $0 | $130.38M |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | -$89.02M | -$88.87M | -$88.42M | -$94.72M | -$76.27M |
| Other Financing Activities | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Financing | -$88.22M | -$86.42M | -$171.16M | -$102.03M | $743.92M |
| Forex Effect | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$1.25M | -$3.81M | -$1.81M | $650K | $12.22M |
| Supplementary Data | |||||
| Operating Cash Flow | $86.97M | $82.62M | $169.34M | $102.68M | -$731.7M |
| Capital Expenditure | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $86.97M | $82.62M | $169.34M | $102.68M | -$731.7M |
| Cash at Beginning | $7.25M | $11.06M | $12.87M | $12.22M | $0 |
| Cash at End | $6M | $7.25M | $11.06M | $12.87M | $12.22M |