CARLYLE SECURED LENDING INC

Ticker: CGBD CUSIP: 872280102 Class: COM

Advisory Alpha, LLC's Holding History (CIK: 0001576762)

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

Q1 2020

Shares 1,280 Value ($000) $7,155 Avg Close $5.55 Range $2.04 - $6.73

Q4 2019

Shares 2,327 Value ($000) $31,717 Avg Close $6.24 Range $5.91 - $6.56

Q3 2019

Shares 2,327 Value ($000) $32,369 Avg Close $6.45 Range $5.88 - $6.78

Q1 2019

Shares 2,327 Value ($000) $36,069 Avg Close $6.12 Range $5.09 - $6.41

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2020	1,280	$7,155	$5.55	$2.04 - $6.73
Q4 2019	2,327	$31,717	$6.24	$5.91 - $6.56
Q3 2019	2,327	$32,369	$6.45	$5.88 - $6.78
Q1 2019	2,327	$36,069	$6.12	$5.09 - $6.41