Spectrum Asset Management, Inc.

Est. AUM

$50.0M

13F long equity, this entity only

Positions

Period

Mar 2026 (Q1)

SEC EDGAR

Mar 2026 (Q1)

#	Issuer	Class	Value	Shares	% Portfolio	Discretion
1	INVESCO EXCH TRADED FD TR II	PFD ETF	$42.5M	3902745	84.85%	SOLE
2	WELLS FARGO & CO	PERP PFD CNV A	$4.0M	3437	7.93%	SOLE
3	INVESCO EXCH TRADED FD TR II	VAR RATE PFD	$2.5M	106122	5.08%	SOLE
4	BANK AMERICA CORP	7.25%CNV PFD L	$1.1M	897	2.13%	SOLE

Values in USD (reported in $thousands on 13F). Source: SEC EDGAR.