UNITED STATES TREASURY NOTES

CUSIP: 912828A67 Class: MUNICIPAL BOND

McGowan Group Asset Management, Inc.'s Holding History (CIK: 0001633227)

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

Q3 2015

Shares 200,000 Value ($000) $200 Avg Close — Range —

Q2 2015

Shares 200,000 Value ($000) $200 Avg Close — Range —

Q1 2015

Shares 200,000 Value ($000) $200 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	200,000	$200	—	—
Q2 2015	200,000	$200	—	—
Q1 2015	200,000	$200	—	—