MACYS INC

Ticker: M CUSIP: 55616P104 Class: Common Stock

ICON ADVISERS INC/CO's Holding History (CIK: 0001058470)

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

Q1 2015

Shares 103,100 Value ($000) $6,692 Avg Close $64.35 Range $61.10 - $68.30

Q4 2014

Shares 282,620 Value ($000) $18,582 Avg Close $60.49 Range $54.84 - $66.59

Q3 2014

Shares 61,280 Value ($000) $3,565 Avg Close $59.28 Range $55.81 - $63.10

Q2 2014

Shares 5,500 Value ($000) $319 Avg Close $58.04 Range $54.82 - $61.26

Q4 2013

Shares 5,400 Value ($000) $288 Avg Close $48.46 Range $42.18 - $54.07

Q3 2013

Shares 5,400 Value ($000) $234 Avg Close $46.71 Range $42.68 - $50.77

Q2 2013

Shares 5,400 Value ($000) $259 Avg Close $46.44 Range $41.51 - $50.00

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	103,100	$6,692	$64.35	$61.10 - $68.30
Q4 2014	282,620	$18,582	$60.49	$54.84 - $66.59
Q3 2014	61,280	$3,565	$59.28	$55.81 - $63.10
Q2 2014	5,500	$319	$58.04	$54.82 - $61.26
Q4 2013	5,400	$288	$48.46	$42.18 - $54.07
Q3 2013	5,400	$234	$46.71	$42.68 - $50.77
Q2 2013	5,400	$259	$46.44	$41.51 - $50.00