Shikiar Asset Management’s MORGAN STANLEY DEP SHARES EACH REPRESENTING 1/1,000TH OF SHARE OF FIXED TO FLOATING RATE SER E MS.PRE Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-20,800	Closed	-$552K	–	114
2014 Q1	$552K	Buy	20,800 +600	+3%	+$15.9K	0.24%	78
2013 Q4	$527K	Buy	20,200 +200	+1%	+$5.22K	0.23%	68
2013 Q3	$504K	Buy	+20,000	New	+$504K	0.25%	64