VALE S A

Ticker: VALE CUSIP: 91912E105 Class: SPONSORED ADS

SHEPHERD KAPLAN KROCHUK, LLC's Holding History (CIK: 0001218583)

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

Q3 2015
Shares 74,200 Value ($000) $312 Avg Close — Range —
Q2 2015
Shares 74,200 Value ($000) $437 Avg Close — Range —
Q1 2015
Shares 74,200 Value ($000) $419 Avg Close — Range —
Q4 2014
Shares 74,200 Value ($000) $607 Avg Close — Range —
Q3 2014
Shares 74,200 Value ($000) $817 Avg Close — Range —
Q2 2014
Shares 74,200 Value ($000) $982 Avg Close — Range —
Q1 2014
Shares 74,200 Value ($000) $1,026 Avg Close — Range —
Q4 2013
Shares 74,200 Value ($000) $1,132 Avg Close — Range —
Q3 2013
Shares 74,200 Value ($000) $1,158 Avg Close — Range —
Q2 2013
Shares 74,200 Value ($000) $976 Avg Close — Range —