ARES COML REAL ESTATE CORP

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

Wellesley Asset Management's Holding History (CIK: 0001533551)

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

Q1 2015
Shares 7,821 Value ($000) $8,168 Avg Close — Range —
Q4 2014
Shares 7,832 Value ($000) $8,042 Avg Close — Range —
Q3 2014
Shares 7,855 Value ($000) $8,203 Avg Close — Range —
Q2 2014
Shares 7,961 Value ($000) $8,140 Avg Close — Range —
Q1 2014
Shares 7,990 Value ($000) $8,324 Avg Close — Range —