RAIT FINANCIAL TRUST

CUSIP: 749227609 Class: COM NEW

MORGAN STANLEY's Holding History (CIK: 0000895421)

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

Q1 2018
Shares 266,083 Value ($000) $43 Avg Close — Range —
Q4 2017
Shares 329,236 Value ($000) $124 Avg Close — Range —
Q3 2017
Shares 465,816 Value ($000) $340 Avg Close — Range —
Q2 2017
Shares 570,474 Value ($000) $1,249 Avg Close — Range —
Q1 2017
Shares 653,803 Value ($000) $2,092 Avg Close — Range —
Q4 2016
Shares 668,978 Value ($000) $2,248 Avg Close — Range —
Q3 2016
Shares 379,873 Value ($000) $1,284 Avg Close — Range —
Q2 2016
Shares 466,521 Value ($000) $1,461 Avg Close — Range —
Q1 2016
Shares 445,678 Value ($000) $1,400 Avg Close — Range —
Q4 2015
Shares 665,332 Value ($000) $1,796 Avg Close — Range —
Q3 2015
Shares 778,667 Value ($000) $3,862 Avg Close — Range —
Q2 2015
Shares 748,018 Value ($000) $4,570 Avg Close — Range —
Q1 2015
Shares 751,844 Value ($000) $5,157 Avg Close — Range —
Q4 2014
Shares 816,184 Value ($000) $6,260 Avg Close — Range —
Q3 2014
Shares 828,753 Value ($000) $6,157 Avg Close — Range —
Q2 2014
Shares 843,309 Value ($000) $6,974 Avg Close — Range —
Q1 2014
Shares 2,522,842 Value ($000) $21,419 Avg Close — Range —
Q4 2013
Shares 2,229,042 Value ($000) $19,995 Avg Close — Range —
Q3 2013
Shares 2,484,824 Value ($000) $17,593 Avg Close — Range —
Q2 2013
Shares 2,926,329 Value ($000) $22,006 Avg Close — Range —