PineBridge Investment Grade Preferred Securities Fund is a non-redeemable investment fund. The investment objectives of the Fund are to provide holders of Units (the Unitholders) with monthly cash distributions; preserve the net asset value per Unit, and reduce the risk of rising interest rates by managing Portfolio duration. The Fund invests in a global portfolio (the Portfolio) of securities comprised primarily of Investment Grade preferred securities. The Fund invests approximately 80% of the Total Assets in preferred securities, over 75% of the Total Assets in Investment Grade securities and approximately 50% of the Total Assets in securities of the United States domiciled companies. The Fund invests primarily in preferred securities issued by companies in the financial services sector but will also invest in securities issued by companies in other sectors. BMO Nesbitt Burns Inc. is the manager of the Fund. PineBridge Investments LLC is the Portfolio Manager of the Fund.