The document provides an overview of Spectrum Asset Management's investment philosophy and performance for their Preferred Securities strategy as of the first quarter of 2016. It includes details on investment philosophy, selection process, asset allocation, and performance metrics compared to the Bank of America Merrill Lynch Preferred Stock Fixed Rate Index. The report highlights underperformance in certain sectors and identifies key contributors to returns.
doj/DataSet10/EFTA01375548.pdf
{"title":"Spectrum Asset Management / Principal Preferred Securities Report","key_people":["Analyst Commentary"],"document_date":"2016","document_type":"tabular","document_subtype":"Investment Report","key_organizations":["Spectrum Asset Management","Bank of America Merrill Lynch","Deutsche Bank Wealth Management"],"reference_numbers":["DB-SDNY-0071059","SDNY_GM_00217243","EFTA01375548"]}