BARINGS BDC INC

Ticker: BBDC CUSIP: 06759L103 Class: COM

BW Gestao de Investimentos Ltda.'s Holding History (CIK: 0001568280)

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

Q4 2019

Shares 61,871 Value ($000) $636 Avg Close $5.58 Range $5.34 - $5.81

Q3 2019

Shares 61,871 Value ($000) $628 Avg Close $5.33 Range $5.13 - $5.61

Q2 2019

Shares 66,142 Value ($000) $651 Avg Close $5.27 Range $5.15 - $5.46

Q1 2019

Shares 55,978 Value ($000) $549 Avg Close $5.11 Range $4.65 - $5.31

Q4 2018

Shares 45,224 Value ($000) $407 Avg Close $5.10 Range $4.53 - $5.30

Q3 2018

Shares 45,090 Value ($000) $451 Avg Close $5.31 Range $5.02 - $5.55

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	61,871	$636	$5.58	$5.34 - $5.81
Q3 2019	61,871	$628	$5.33	$5.13 - $5.61
Q2 2019	66,142	$651	$5.27	$5.15 - $5.46
Q1 2019	55,978	$549	$5.11	$4.65 - $5.31
Q4 2018	45,224	$407	$5.10	$4.53 - $5.30
Q3 2018	45,090	$451	$5.31	$5.02 - $5.55