FANNIE MAE

Ticker: FNMA CUSIP: 313586109 Class: COM

Hilton Capital Management, LLC's Holding History (CIK: 0001541211)

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

Q4 2014

Shares 60,000 Value ($000) $123 Avg Close $2.20 Range $0.01 - $2.61

Q3 2014

Shares 60,000 Value ($000) $161 Avg Close $3.81 Range $2.54 - $4.64

Q2 2014

Shares 60,000 Value ($000) $235 Avg Close $4.14 Range $3.57 - $4.80

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	60,000	$123	$2.20	$0.01 - $2.61
Q3 2014	60,000	$161	$3.81	$2.54 - $4.64
Q2 2014	60,000	$235	$4.14	$3.57 - $4.80