ASHFORD HOSPITALITY TR INC

CUSIP: 044103505 Class: 9% CUM PFD SER E

MORGAN STANLEY's Holding History (CIK: 0000895421)

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

Q2 2016
Shares 11,081 Value ($000) $285 Avg Close — Range —
Q1 2016
Shares 19,628 Value ($000) $470 Avg Close — Range —
Q4 2015
Shares 22,485 Value ($000) $570 Avg Close — Range —