ARES CAPITAL CORP

Ticker: ARCC CUSIP: 04010L103 Class: COM

Cambria Investment Management, L.P.'s Holding History (CIK: 0001529389)

Note: Option positions (PUT/CALL) are excluded.

Q1 2019

Shares 9,157 Value ($000) $157 Avg Close $8.68 Range $7.88 - $9.11

Q4 2018

Shares 12,356 Value ($000) $193 Avg Close $8.36 Range $7.47 - $8.87

Q1 2017

Shares 50,032 Value ($000) $870 Avg Close $7.44 Range $6.98 - $7.70

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2019	9,157	$157	$8.68	$7.88 - $9.11
Q4 2018	12,356	$193	$8.36	$7.47 - $8.87
Q1 2017	50,032	$870	$7.44	$6.98 - $7.70