CARRIAGE SVCS INC

Ticker: CSV CUSIP: 143905107 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q4 2016

Shares 19,614 Value ($000) $562 Avg Close $22.97 Range $20.40 - $25.80

Q3 2016

Shares 19,614 Value ($000) $464 Avg Close $20.97 Range $19.93 - $22.04

Q2 2016

Shares 19,230 Value ($000) $455 Avg Close $20.28 Range $18.74 - $21.99

Q1 2016

Shares 18,403 Value ($000) $398 Avg Close $18.80 Range $16.78 - $21.00

Q4 2015

Shares 22,574 Value ($000) $544 Avg Close $20.53 Range $18.48 - $22.86

Q3 2015

Shares 25,057 Value ($000) $541 Avg Close $20.16 Range $17.60 - $21.59

Q2 2015

Shares 26,500 Value ($000) $633 Avg Close $21.36 Range $20.17 - $22.54

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	19,614	$562	$22.97	$20.40 - $25.80
Q3 2016	19,614	$464	$20.97	$19.93 - $22.04
Q2 2016	19,230	$455	$20.28	$18.74 - $21.99
Q1 2016	18,403	$398	$18.80	$16.78 - $21.00
Q4 2015	22,574	$544	$20.53	$18.48 - $22.86
Q3 2015	25,057	$541	$20.16	$17.60 - $21.59
Q2 2015	26,500	$633	$21.36	$20.17 - $22.54