EII Capital Management’s UMH Properties, Inc. 6.75% Series C Cumulative Redeemable Preferred Stock, Liquidation Preference $2 UMH.PRC Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2021 Q4	$39K	Sell	1,500 -25,000	-94%	-$650K	5.04%	12
2021 Q3	$688K	Hold	26,500	–	–	0.33%	79
2021 Q2	$694K	Hold	26,500	–	–	0.33%	79
2021 Q1	$679K	Hold	26,500	–	–	0.35%	76
2020 Q4	$676K	Hold	26,500	–	–	0.38%	77
2020 Q3	$667K	Buy	26,500 +25,000	+1,667%	+$629K	0.42%	73
2020 Q2	$35K	Sell	1,500 -32,000	-96%	-$747K	0.02%	170
2020 Q1	$654K	Hold	33,500	–	–	0.43%	73
2019 Q4	$876	Hold	33,500	–	–	0.24%	77
2019 Q3	$875	Hold	33,500	–	–	0.24%	80
2019 Q2	$846K	Buy	33,500 +10,000	+43%	+$253K	0.45%	76
2019 Q1	$601K	Hold	23,500	–	–	0.33%	90
2018 Q4	$541K	Buy	23,500 +2,000	+9%	+$46K	0.31%	92
2018 Q3	$492K	Buy	21,500 +10,000	+87%	+$229K	0.27%	102
2018 Q2	$292K	Hold	11,500	–	–	0.16%	128
2018 Q1	$288K	Hold	11,500	–	–	0.17%	126
2017 Q4	$312K	Hold	11,500	–	–	0.13%	154
2017 Q3	$308K	Buy	+11,500	New	+$308K	0.12%	156