Saba Capital Management’s Annaly Capital Management NLY Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q1	–	Sell	-11,278	Closed	-$450K	–	222
2013 Q4	$450K	Sell	11,278 -12,030	-52%	-$480K	0.03%	163
2013 Q3	$1.08M	Buy	+23,308	New	+$1.08M	0.09%	100