ARES COML REAL ESTATE CORP

Ticker: ACRE CUSIP: 04013V108 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q3 2020
Shares 35,460 Value ($000) $324 Avg Close — Range —
Q2 2020
Shares 35,460 Value ($000) $323 Avg Close — Range —