ARES COML REAL ESTATE CORP

CUSIP: 04013VAB4 Class: NOTE 7.000%12/1

MORGAN STANLEY's Holding History (CIK: 0000895421)

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

Q3 2015
Shares 12,000 Value ($000) $12 Avg Close — Range —
Q2 2015
Shares 12,000 Value ($000) $12 Avg Close — Range —