MACYS INC

Ticker: M CUSIP: 55616P104 Class: Common Stock

SPIRIT OF AMERICA MANAGEMENT CORP/NY's Holding History (CIK: 0001041283)

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

Q2 2015

Shares 7,700 Value ($000) $520 Avg Close $67.58 Range $62.80 - $71.10

Q1 2015

Shares 7,700 Value ($000) $500 Avg Close $64.35 Range $61.10 - $68.30

Q4 2014

Shares 6,600 Value ($000) $434 Avg Close $60.49 Range $54.84 - $66.59

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	7,700	$520	$67.58	$62.80 - $71.10
Q1 2015	7,700	$500	$64.35	$61.10 - $68.30
Q4 2014	6,600	$434	$60.49	$54.84 - $66.59