13F-HR 1 spectrum1231.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 13F Form 13F COVER PAGE Report for the Calendar Year or Quarter Ended: December 31, 2012 Check here if Amendment [ ]; Amendment Number: This Amendment (Check only one.): [ ] is a restatement. [ ] adds new holdings entries. Institutional Investment Manager Filing this Report: Name: Spectrum Asset management, Inc Address: 2 High Ridge Park Stamford, CT 06905 13F File Number: 028-11300 The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form. Person Signing this Report on Behalf of Reporting Manager: Name: Joseph A. Hanczor Title: Vice President and Chief Compliance Officer Phone: 203-322-0189 Signature, Place, and Date of Signing: Joseph A. Haanczor Stamford, CT February 01, 2013 Report Type (Check only one.): [ X] 13F HOLDINGS REPORT. [ ] 13F NOTICE. [ ] 13F COMBINATION REPORT. FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 Form 13F Information Table Entry Total: 20 Form 13F Information Table Value Total: $269,691 (thousands) List of Other Included Managers: Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional managers with respect to which this report is filed, other than the manager filing this report. NONE FORM 13F INFORMATION TABLE VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTHORITY NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ------------ -------- -------- -------- BANK OF AMERICA CORPORATION 7.25%CNV PFD L 060505682 26504 23372 SH SOLE 23372 0 0 BARCLAYS BANK PLC ADR PFD SR 5 06739H362 29514 1160557 SH SOLE 1160557 0 0 BARCLAYS BANK PLC ADS7.75%PFD S4 06739H511 22103 877772 SH SOLE 877772 0 0 BARCLAYS BANK PLC SP ADR 7.1%PF3 06739H776 29175 1164236 SH SOLE 1164236 0 0 BARCLAYS BK PLC ADR 2 PREF 2 06739F390 2252 90054 SH SOLE 90054 0 0 BLACKROCK CREDIT ALL INC TR COM 092508100 16827 1224706 SH SOLE 1224706 0 0 COMMONWEALTH REIT 6.50% PFD CUM CO 203233408 7793 337669 SH SOLE 337669 0 0 COMMONWEALTH REIT CV PFD-E 7.25% 203233606 16540 655841 SH SOLE 655841 0 0 FLAHERTY & CRMN/CLYMR PFD SE COM SHS 338478100 914 46727 SH SOLE 46727 0 0 HANCOCK JOHN PFD INCOME FD I COM 41021P103 16998 906566 SH SOLE 906566 0 0 HSBC HLDGS PLC ADR A 1/40PF A 404280604 34161 1364785 SH SOLE 1364785 0 0 KEYCORP NEW PFD 7.75% SR A 493267405 1173 9362 SH SOLE 9362 0 0 NATIONAL WESTMINSTER BK PLC SPON ADR C 638539882 323 13023 SH SOLE 13023 0 0 ROYAL BK SCOTLAND GROUP PLC SP ADR PREF S 780097739 337 14631 SH SOLE 14631 0 0 ROYAL BK SCOTLAND GROUP PLC ADR PREF SHS R 780097747 461 20528 SH SOLE 20528 0 0 ROYAL BK SCOTLAND GROUP PLC ADR PREF SHS Q 780097754 7073 307533 SH SOLE 307533 0 0 ROYAL BK SCOTLAND GROUP PLC ADR PREF SER N 780097770 1698 75424 SH SOLE 75424 0 0 ROYAL BK SCOTLAND GROUP PLC SP ADR L RP PF 780097788 30725 1388959 SH SOLE 1388959 0 0 ROYAL BK SCOTLAND GROUP PLC SP ADR PREF M 780097796 648 28699 SH SOLE 28699 0 0 WELLS FARGO & CO NEW PERP PFD CNV A 949746804 24472 19977 SH SOLE 19977 0 0