CARNIVAL CORP

Ticker: CCL CUSIP: 143658300 Class: UNIT 99/99/9999

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q2 2020

Shares 9,360 Value ($000) $154 Avg Close $14.98 Range $7.80 - $25.28

Q1 2020

Shares 22,300 Value ($000) $294 Avg Close $35.30 Range $7.90 - $51.34

Q4 2019

Shares 22,300 Value ($000) $1,134 Avg Close $43.87 Range $39.01 - $51.14

Q3 2019

Shares 22,300 Value ($000) $975 Avg Close $44.81 Range $41.45 - $49.71

Q2 2019

Shares 22,190 Value ($000) $1,032 Avg Close $50.30 Range $43.26 - $53.65

Q1 2019

Shares 20,490 Value ($000) $1,039 Avg Close $52.80 Range $44.93 - $56.71

Q4 2018

Shares 25,830 Value ($000) $1,273 Avg Close $54.09 Range $43.32 - $60.97

Q2 2018

Shares 25,830 Value ($000) $1,481 Avg Close $58.94 Range $53.02 - $61.84

Q1 2018

Shares 28,160 Value ($000) $1,847 Avg Close $62.77 Range $59.52 - $66.92

Q4 2017

Shares 28,160 Value ($000) $1,869 Avg Close $60.75 Range $58.15 - $63.67

Q3 2017

Shares 20,210 Value ($000) $1,305 Avg Close $60.92 Range $57.61 - $63.90

Q2 2017

Shares 23,510 Value ($000) $1,541 Avg Close $56.43 Range $51.83 - $61.17

Q1 2017

Shares 23,510 Value ($000) $1,385 Avg Close $50.33 Range $46.43 - $54.40

Q4 2016

Shares 23,510 Value ($000) $1,224 Avg Close $44.75 Range $40.93 - $48.16

Q3 2016

Shares 24,990 Value ($000) $1,220 Avg Close $41.05 Range $38.10 - $43.88

Q2 2016

Shares 24,930 Value ($000) $1,102 Avg Close $43.20 Range $37.99 - $46.75

Q1 2016

Shares 18,500 Value ($000) $977 Avg Close $42.38 Range $35.37 - $47.92

Q4 2015

Shares 18,550 Value ($000) $1,011 Avg Close $45.03 Range $41.85 - $48.68

Q3 2015

Shares 18,500 Value ($000) $920 Avg Close $44.02 Range $38.80 - $46.63

Q2 2015

Shares 19,520 Value ($000) $964 Avg Close $40.59 Range $36.99 - $44.00

Q1 2015

Shares 13,300 Value ($000) $636 Avg Close $38.53 Range $36.27 - $41.26

Q4 2014

Shares 15,200 Value ($000) $689 Avg Close $34.78 Range $28.08 - $39.51

Q3 2014

Shares 15,200 Value ($000) $611 Avg Close $32.01 Range $30.08 - $35.89

Q2 2014

Shares 14,900 Value ($000) $561 Avg Close $32.52 Range $29.96 - $34.25

Q1 2014

Shares 14,900 Value ($000) $564 Avg Close $33.09 Range $31.03 - $34.85

Q4 2013

Shares 14,800 Value ($000) $595 Avg Close $29.26 Range $25.97 - $33.67

Q3 2013

Shares 14,800 Value ($000) $483 Avg Close $29.88 Range $26.84 - $31.36

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2020	9,360	$154	$14.98	$7.80 - $25.28
Q1 2020	22,300	$294	$35.30	$7.90 - $51.34
Q4 2019	22,300	$1,134	$43.87	$39.01 - $51.14
Q3 2019	22,300	$975	$44.81	$41.45 - $49.71
Q2 2019	22,190	$1,032	$50.30	$43.26 - $53.65
Q1 2019	20,490	$1,039	$52.80	$44.93 - $56.71
Q4 2018	25,830	$1,273	$54.09	$43.32 - $60.97
Q2 2018	25,830	$1,481	$58.94	$53.02 - $61.84
Q1 2018	28,160	$1,847	$62.77	$59.52 - $66.92
Q4 2017	28,160	$1,869	$60.75	$58.15 - $63.67
Q3 2017	20,210	$1,305	$60.92	$57.61 - $63.90
Q2 2017	23,510	$1,541	$56.43	$51.83 - $61.17
Q1 2017	23,510	$1,385	$50.33	$46.43 - $54.40
Q4 2016	23,510	$1,224	$44.75	$40.93 - $48.16
Q3 2016	24,990	$1,220	$41.05	$38.10 - $43.88
Q2 2016	24,930	$1,102	$43.20	$37.99 - $46.75
Q1 2016	18,500	$977	$42.38	$35.37 - $47.92
Q4 2015	18,550	$1,011	$45.03	$41.85 - $48.68
Q3 2015	18,500	$920	$44.02	$38.80 - $46.63
Q2 2015	19,520	$964	$40.59	$36.99 - $44.00
Q1 2015	13,300	$636	$38.53	$36.27 - $41.26
Q4 2014	15,200	$689	$34.78	$28.08 - $39.51
Q3 2014	15,200	$611	$32.01	$30.08 - $35.89
Q2 2014	14,900	$561	$32.52	$29.96 - $34.25
Q1 2014	14,900	$564	$33.09	$31.03 - $34.85
Q4 2013	14,800	$595	$29.26	$25.97 - $33.67
Q3 2013	14,800	$483	$29.88	$26.84 - $31.36