NORWEGIAN CRUISE LINE HLDG L

Ticker: NCLH CUSIP: G66721104 Class: EQTY

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

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

Q4 2019

Shares 18,950 Value ($000) $1,107 Avg Close $52.78 Range $46.96 - $59.34

Q3 2019

Shares 18,950 Value ($000) $981 Avg Close $50.73 Range $45.64 - $55.75

Q2 2019

Shares 18,950 Value ($000) $1,016 Avg Close $55.58 Range $49.88 - $59.71

Q1 2019

Shares 17,850 Value ($000) $981 Avg Close $51.54 Range $40.50 - $56.67

Q4 2018

Shares 20,790 Value ($000) $881 Avg Close $48.47 Range $39.36 - $57.86

Q2 2018

Shares 15,020 Value ($000) $710 Avg Close $52.66 Range $47.06 - $57.37

Q1 2018

Shares 11,780 Value ($000) $624 Avg Close $56.85 Range $51.30 - $61.18

Q4 2017

Shares 6,380 Value ($000) $340 Avg Close $55.35 Range $52.36 - $59.66

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2019	18,950	$1,107	$52.78	$46.96 - $59.34
Q3 2019	18,950	$981	$50.73	$45.64 - $55.75
Q2 2019	18,950	$1,016	$55.58	$49.88 - $59.71
Q1 2019	17,850	$981	$51.54	$40.50 - $56.67
Q4 2018	20,790	$881	$48.47	$39.36 - $57.86
Q2 2018	15,020	$710	$52.66	$47.06 - $57.37
Q1 2018	11,780	$624	$56.85	$51.30 - $61.18
Q4 2017	6,380	$340	$55.35	$52.36 - $59.66