Spectrum

U.S.

The Spectrum Asset Management SMA Preferred Securities

Adviser Select

Spectrum's Intermediate Duration

FINRA NYSE

Deutsche Bank

Spectrum Asset Management

2016 Deutsche Bank AG

SMA Preferred Securities

Deutsche Bank Trust Company Amencas

Spectrum Intermediate Duration

the Deutsche Bank Group

FDIC

Morningstar

Spectrum's Intermediate Duration Preferred Securities

Merrill Lynch

Select Spectrum Asset Management I Principal Preferred Securities As

The BofA

SIPC

the United States

Deutsche Bank AG

Deutsche Bank Wealth Management

Deutsche Bank Securities Inc.

DeuhiChe Bank Wealth Management These

SMA