A world-leading manager of preferred and capital securities

Spectrum Asset Management is a world-leading manager of preferred and capital securities with US $19.4 billion in assets under management as of March 31, 2025, which includes $4.3 billion in SMA advisory assets. Spectrum was founded in 1987 and has been a wholly owned and independently run affiliate of Principal Global Investors, a member of the Principal Financial Group®, since 2001. Spectrum has a team of twenty nine dedicated investment professionals and is based in Stamford, Connecticut.

Spectrum manages and advises portfolios of preferred and capital securities for an international universe of corporate, pension fund, insurance and endowment clients, open-end mutual funds domiciled in the United States, Ireland, Japan, and Taiwan, and separately managed account programs for high net worth individual investors sponsored by a variety of broker-dealers.

Spectrum has produced a record of strong performance by consistently implementing its fundamental credit-based investment philosophy, leveraging its expertise in capital structure analysis, and employing and retaining its experienced team of investment professionals.