PENNANTPARK FLOATING RATE CA

Ticker: PFLT CUSIP: 70806A106 Class: COM

Municipal Employees' Retirement System of Michigan's Holding History (CIK: 0001588873)

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

Q3 2014

Shares 26,800 Value ($000) $372 Avg Close $4.46 Range $4.32 - $4.59

Q2 2014

Shares 26,800 Value ($000) $385 Avg Close $4.30 Range $4.15 - $4.51

Q1 2014

Shares 26,800 Value ($000) $370 Avg Close $4.22 Range $4.05 - $4.37

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2014	26,800	$372	$4.46	$4.32 - $4.59
Q2 2014	26,800	$385	$4.30	$4.15 - $4.51
Q1 2014	26,800	$370	$4.22	$4.05 - $4.37