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PTA: Long Duration Could Weigh On Real Returns

Source: SeekingAlpha

2025-09-03 18:05:23 ET

The Cohen & Steers Tax-adv Prd Sec and Inc ( PTA ) is a closed-end fund, or CEF, that specializes in providing its investors with a very high level of current income. The pursuit of income is something that has become increasingly attractive in recent years, for a few reasons. First, the number of retirees in the United States has been surging over the past few years. According to the Federal Reserve Bank of St. Louis , approximately 10,000 people will reach 65 years old every day over the 2019 to 2039 period:

Federal Reserve Bank of St. Louis

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PTA: Long Duration Could Weigh On Real Returns
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