Ascend Capital’s Belden BDC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q4	–	Sell	-175,000	Closed	-$11.2M	–	160
2014 Q3	$11.2M	Buy	175,000 +125,000	+250%	+$8M	0.33%	98
2014 Q2	$3.91M	Buy	+50,000	New	+$3.91M	0.13%	141