SAMC

Spectrum Asset Management (Connecticut) Portfolio holdings

AUM $54.9M

AUM

$54.9M

AUM Growth

-$46.7M (-46%)

Cap. Flow

-$44.8M

Cap. Flow % of AUM

-81.58%

Top 10 Holdings %Top 10 Hldgs %

100%

Holding

5

New

–

Increased

–

Reduced

3

Closed

–

Top Buys

No buys this quarter

Top Sells

1	Invesco Preferred ETF PGX	$24M
2	Invesco Variable Rate Preferred ETF VRP	$19M
3	iShares Preferred and Income Securities ETF PFF	$1.79M

Sector Composition

#	Name	Market Value	Portfolio Weight	Shares or Principal	Shares Change %	Capital Flow
1	1 Invesco Preferred ETF PGX $3.92B	$40.8M	74.32%	3,635,591 -2,135,926	-37%	-$24M
2	2 iShares Preferred and Income Securities ETF PFF $13.6B	$6.85M	12.47%	222,761 -58,088	-21%	-$1.79M
3	3 WELLS FARGO 7.5% NON CUMV PERP CONV WFC.PRL $4.63B	$4.24M	7.73%	3,532	–	–
4	4 Invesco Variable Rate Preferred ETF VRP $2.05B	$1.9M	3.46%	78,451 -785,036	-91%	-$19M
5	5 Bank of America Series L BAC.PRL $3.62B	$1.11M	2.02%	897	–	–