ISHARES INC

Ticker: IEMG CUSIP: 46434G103 Class: CORE MSCI EMKT

Thomas J. Herzfeld Advisors, Inc.'s Holding History (CIK: 0001509510)

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

Q1 2015

Shares 116 Value ($000) $6 Avg Close — Range —

Q4 2014

Shares 116 Value ($000) $5 Avg Close — Range —

Q3 2014

Shares 116 Value ($000) $6 Avg Close — Range —

Q2 2014

Shares 116 Value ($000) $6 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	116	$6	—	—
Q4 2014	116	$5	—	—
Q3 2014	116	$6	—	—
Q2 2014	116	$6	—	—