Spectrum Asset Management, Inc. Concentrated Active

CIK: 0001318293 · Show all filings

Period: Q4 2016 (← Previous) (Next →)

Filing Date: Feb 13, 2017

Total Value ($000): $1,144,950 (100.0% shares, 0.0% debt)

Holdings (23)

— LLOYDS BANKING GROUP PLC 17.2%

Value ($000) $196,413 Shares 190,692,000 Est. Cost $0.98 Unrealized —

— HSBC HLDGS PLC 15.9%

Value ($000) $181,571 Shares 172,105,000 Est. Cost $1.01 Unrealized —

— BARCLAYS PLC 13.6%

Value ($000) $155,252 Shares 149,235,000 Est. Cost $0.98 Unrealized —

— ROYAL BK OF SCOTLAND PLC 12.4%

Value ($000) $141,443 Shares 149,280,000 Est. Cost $0.92 Unrealized —

— WELLS FARGO & CO NEW 8.5%

Value ($000) $97,701 Shares 82,101 Est. Cost $1179.41 Unrealized —

— BARCLAYS PLC 7.3%

Value ($000) $83,991 Shares 89,698,000 Est. Cost $0.89 Unrealized —

— ING GROEP N V 4.6%

Value ($000) $52,558 Shares 54,500,000 Est. Cost $0.96 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 3.1%

Value ($000) $35,124 Shares 1,475,797 Est. Cost $21.62 Unrealized —

— ROYAL BK OF SCOTLAND PLC 2.9%

Value ($000) $33,226 Shares 34,700,000 Est. Cost $0.93 Unrealized —

— HSBC HLDGS PLC 2.8%

Value ($000) $31,695 Shares 1,257,724 Est. Cost $24.92 Unrealized —

— BARCLAYS BANK PLC 2.4%

Value ($000) $27,775 Shares 1,094,370 Est. Cost $25.02 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 2.0%

Value ($000) $22,440 Shares 22,000,000 Est. Cost $0.98 Unrealized —

PFF ISHARES TR 1.5%

Value ($000) $17,575 Shares 472,317 Est. Cost $37.21 Unrealized —

ANZ 4.4 05/19/26 REGS AUSTRALIA & NEW ZEALA BKG 14 1.3%

Value ($000) $15,191 Shares 15,000,000 Est. Cost $1.06 Unrealized —

— BARCLAYS BANK PLC 1.3%

Value ($000) $14,710 Shares 575,937 Est. Cost $25.34 Unrealized —

— BLACKROCK CR ALLCTN INC TR 1.1%

Value ($000) $12,536 Shares 966,571 Est. Cost $12.98 Unrealized —

— HANCOCK JOHN PFD INCOME FD I 1.0%

Value ($000) $11,468 Shares 646,421 Est. Cost $18.21 Unrealized —

STANLN V6.5 PERP REGS STANDARD CHARTERED PLC 0.8%

Value ($000) $9,130 Shares 10,000,000 Est. Cost $0.92 Unrealized —

— KEYCORP NEW 0.2%

Value ($000) $1,734 Shares 12,841 Est. Cost $129.23 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 0.1%

Value ($000) $1,204 Shares 47,605 Est. Cost $26.94 Unrealized —

— ROYAL BK SCOTLAND GROUP PLC 0.1%

Value ($000) $1,126 Shares 44,956 Est. Cost $25.15 Unrealized —

— NATIONAL WESTMINSTER BK PLC 0.0%

Value ($000) $572 Shares 22,316 Est. Cost $25.50 Unrealized —

LQD ISHARES TR 0.0%

Value ($000) $515 Shares 4,397 Est. Cost $117.13 Unrealized —

Ticker	Issuer	Shares	Value ($000)	%	Est. Cost	Unrealized	Class	CUSIP
—	LLOYDS BANKING GROUP PLC	190,692,000	$196,413	17.2%	$0.98	—	SDCV 7.500%12/3	539439AG4
—	HSBC HLDGS PLC	172,105,000	$181,571	15.9%	$1.01	—	NOTE 6.875%12/3	404280BC2
—	BARCLAYS PLC	149,235,000	$155,252	13.6%	$0.98	—	NOTE 8.250%12/3	06738EAA3
—	ROYAL BK OF SCOTLAND PLC	149,280,000	$141,443	12.4%	$0.92	—	DEBT 7.500%12/3	780099CJ4
—	WELLS FARGO & CO NEW	82,101	$97,701	8.5%	$1179.41	—	PERP PFD CNV A	949746804
—	BARCLAYS PLC	89,698,000	$83,991	7.3%	$0.89	—	NOTE 6.625%12/3	06738EAB1
—	ING GROEP N V	54,500,000	$52,558	4.6%	$0.96	—	DBCV 6.500%12/3	456837AF0
—	ROYAL BK SCOTLAND GROUP PLC	1,475,797	$35,124	3.1%	$21.62	—	SP ADR L RP PF	780097788
—	ROYAL BK OF SCOTLAND PLC	34,700,000	$33,226	2.9%	$0.93	—	NOTE 8.000%12/3	780099CK1
—	HSBC HLDGS PLC	1,257,724	$31,695	2.8%	$24.92	—	ADR A 1/40PF A	404280604
—	BARCLAYS BANK PLC	1,094,370	$27,775	2.4%	$25.02	—	SP ADR 7.1%PF3	06739H776
—	ROYAL BK SCOTLAND GROUP PLC	22,000,000	$22,440	2.0%	$0.98	—	NOTE 8.625%12/3	780097BB6
PFF	ISHARES TR	472,317	$17,575	1.5%	$37.21	—	U.S. PFD STK ETF	464288687
ANZ 4.4 05/19/26 REGS	AUSTRALIA & NEW ZEALA BKG 14	15,000,000	$15,191	1.3%	$1.06	—	DEBT 4.400% 5/1	Q0426RND6
—	BARCLAYS BANK PLC	575,937	$14,710	1.3%	$25.34	—	ADR PFD SR 5	06739H362
—	BLACKROCK CR ALLCTN INC TR	966,571	$12,536	1.1%	$12.98	—	COM	092508100
—	HANCOCK JOHN PFD INCOME FD I	646,421	$11,468	1.0%	$18.21	—	COM	41021P103
STANLN V6.5 PERP REGS	STANDARD CHARTERED PLC	10,000,000	$9,130	0.8%	$0.92	—	DEBT 6.500%12/3	G84228CE6
—	KEYCORP NEW	12,841	$1,734	0.2%	$129.23	—	PFD 7.75% SR A	493267405
—	ROYAL BK SCOTLAND GROUP PLC	47,605	$1,204	0.1%	$26.94	—	SPON ADR SER H	780097879
—	ROYAL BK SCOTLAND GROUP PLC	44,956	$1,126	0.1%	$25.15	—	SP ADR PREF S	780097739
—	NATIONAL WESTMINSTER BK PLC	22,316	$572	0.0%	$25.50	—	SPON ADR C	638539882
LQD	ISHARES TR	4,397	$515	0.0%	$117.13	—	IBOXX INV CP ETF	464287242