EFTA Document EFTA01422345

Final Selected List of Preferred Equity Securities All data as of June 15, 2016 Source: Bloomberg Financial, LP and Deutsche Wealth Management Common Equity Information Preferred Equity Information Issuer Name Common Equity Symbol Common Eq. Bloomberg Cons. Rating (5 = Buy, 1 = Sell) Common Eq. DB Global Markets Rating Preferred Equity Symbol Cusip Average Daily Volume - 30 Day Period Dividend Moody's Rating S&P Rating Ask Strip Yield Call Date Yield-to-Call Industry Issue Date Issue Size QDI DRD DIV-RIGHTS AEGON NV AEG 4 Buy AEH Pfd 007924301 64501 6.375 Baal BBB 26.25 6.088885793594731 7/11/2016 -54.71938775510199 Insurance 6/1/2005 40MM Yes No NON-CUMULATIVE AEGON NV AEG 4 Buy AED Pfd 007924400 20315.633333333335 6.50 Baal BBB 26.09 6.24681319092023 9/15/2016 -10.721192376040962 Insurance 11/23/2005 20MM Yes No NON-CUMULATIVE AEGON NV AEG 4 Buy aek pfd 007924608 39011.76666666667 8 Baal BBB 28.04 7.201152184349496 8/15/2017 -1.769692901139879 Insurance 1/31/2012 21MM No No NON-CUMULATIVE ALLSTATE CORP ALL 4.153846263885498 Buy all a Pfd 020002408 12894.333333333334 5.625 Baa3 BBB- 27.19 5.229791215112934 6/15/2018 1.6533329740774971 Insurance 6/12/2013 11.5MM Yes Yes NON-CUMULATIVE ALLSTATE CORP ALL 4.153846263885498 Buy all f Pfd 020002853 14421.10 6.25 Baa3 BBB- 27.95 5.657993172688238 10/15/2019 2.867840478496244 Insurance 6/12/2014 10MM Yes Yes #N/A N Ap ALLSTATE CORP ALL 4.153846263885498 Buy all d Pfd 020002804 7218.20 6.625 Baa3 BBB- 27.96 5.999656623425954 4/15/2019 2.691697185091323 Insurance 12/23/2013 5.4MM Yes Yes NON-CUMULATIVE ALLSTATE CORP ALL 4.153846263885498 Buy all e Pfd 020002879 43252.03333333333 6.625 Baa3 BBB- 28.06 5.978001705673024 4/15/2019 2.5524756255802523 Insurance 3/3/2014 29.9MM Yes Yes NON-CUMULATIVE ALLSTATE CORP ALL 4.153846263885498 Buy all c Pfd 020002606 22617.566666666666 6.75 Baa3 BBB- 28.24 6.052929505789515 10/15/2018 1.584032304038131 Insurance 9/30/2013 15.4MM Yes Yes NON-CUMULATIVE BAC CAPITAL TRUST VIII N/A Not Rated Not Rated BAC Z Pfd 05518T209 24754.866666666665 6 Bal BB+ 25.82 5.832982274214978 6/24/2016 -93.99690162664602 Banks 8/25/2005 21.2MM No No CUMULATIVE BANK OF AMERICA CORP BAC 4.50 Buy BAC a Pfd 060505260 441034.73333333334 6 Ba2 BB+ 25.73 5.877359106641415 4/25/2021 5.525480300254394 Banks 4/25/2016 36MM Yes Yes NON-CUMULATIVE EFTA01422345 BANK OF AMERICA CORP BAC 4.50 060505286 164636.86666666667 6.006102975604244 1/29/2021 1/29/2016 44MM Yes Yes BANK OF AMERICA CORP BAC 4.50 060505831 32385.433333333334 6.042509894723582 9/14/2016 9/14/2006 33MM Yes Yes BANK OF AMERICA CORP BAC 4.50 060505617 28263.366666666665 6.203901564761839 7/11/2016 11/17/2005 32.4MM Yes Yes BANK OF AMERICA CORP BAC 4.50 060505310 109117.23333333334 6.15263261684086 1/27/2020 1/27/2015 44MM Yes Yes BANK OF AMERICA CORP BAC 4.50 060505740 25105.50 6.625 6.182159867802871 10/1/2017 9/26/2007 22MM Yes Yes BANK OF AMERICA CORP BAC 4.50 060505344 86450.43333333333 6.209328572414179 9/9/2019 4.247574702514301 9/9/2014 44MM Yes Yes NON-CUMULATIVE BANK OF NEW YORK MELLON BK 3.86956524848938 Buy pfd 064058209 45881.40 5.20 Baal BBB 5.017475395072582 9/20/2017 2.079913114294489 9/19/2012 23.3MM Yes Yes NON-CUMULATIVE BARCLAYS BANK PLC BCS 4.333333492279053 Hold 06739F390 48383.566666666666 6.625 Ba2 BB 6.4958144893431875 9/15/2016 -2.747435956399744 4/25/2006 30MM Yes No NON-CUMULATIVE BARCLAYS BANK PLC BCS 4.333333492279053 Hold Pfd 06739H776 66128.66666666667 7.10 Ba2 Rated 25.64 6.946822562496942 9/15/2016 -3.241717904010265 Banks 9/13/2007 Yes No NON-CUMULATIVE BARCLAYS BANK PLC BCS pfd 06739H511 166723. 25 7.780148073785921 12/7/2007 46MM Yes BARCLAYS BANK PLC BCS PFD 06739H362 186034 7.913415064707387 4/11/2008 106MM BB&T CORPORATION Pfd 054937602 5.149081307074486 10/31/2012 18MM BB&T CORPORATION Pfd 054937800 Buy BAC c Pfd 6.20 Ba2 BB+ 5.303450004360207 NON-CUMULATIVE Buy BAC D Pfd 6.204 Ba2 BB+ -6.029126213592211 NON-CUMULATIVE Buy bml I pfd 6.375 Ba2 BB+ -35.70917182662537 NON-CUMULATIVE Buy BAC y Pfd 6.50 Ba2 BB+ 4.667258882165855 NON-CUMULATIVE Buy BAC I Pfd Ba2 BB+ 26.80 0.8087147973191089 NON-CUMULATIVE Buy BAC w Pfd 6.625 Ba2 BB+ 4.333333492279053 Hold 56666666668 7.75 Ba2 6/15/2016 #N/A N/A No NON-CUMULATIVE 4.333333492279053 Hold 8.125 Ba2 BB 25.77 9/15/2016 -4.309046086420603 Yes No NON-CUMULATIVE BBT 3.9166667461395264 Buy 21739.70 5.20 Baal BBB- 11/1/2017 4.285508847973367 Yes Yes NON-CUMULATIVE BBT 3.9166667461395264 Buy 27776.666666666668 5.20 Baal 26.13 Banks 25.75 Banks 25.84 Banks 26.75 Banks Banks 26.83 Banks bk c 25.96 Banks bcs pfd 25.58 Banks BCS A Not 55MM bcs c BB Banks BCS D Banks bbt f 25.37 Banks bbt g BBB- EFTA01422346 25.52 5.118670020780925 6/1/2018 4.2285536695663355 Banks 5/1/2013 20MM Yes Yes NON-CUMULATIVE BB&T CORPORATION pfd 054937404 5.498063459870245 7/31/2012 46MM BB&T CORPORATION BBT 3.9166667461395264 Buy bbt h pfd 054937875 121528.73333333334 5.625 Baal BBB- 25.82 5.474519154734242 6/1/2021 4.9412805394360655 Banks 3/9/2016 18.6MM Yes Yes NON-CUMULATIVE BB&T CORPORATION BBT 3.9166667461395264 Buy bbt d pfd 054937206 25806.966666666667 5.85 Baal BBB- 26.49 5.549889713730048 5/1/2017 -0.6674203225789336 Banks 5/1/2012 23MM Yes Yes NON-CUMULATIVE CAPITAL ONE FINANCIAL CO COF 3.903225898742676 Hold cof p pfd 14040H402 48508.333333333336 6 Baa3 BB 26.12 5.772190867111338 9/1/2017 2.4597202919690577 Banks 8/20/2012 35MM Yes Yes NON-CUMULATIVE CAPITAL ONE FINANCIAL CO COF 3.903225898742676 Hold cof f pfd 14040H881 61240.53333333333 6.20 Baa3 BB 26.56 5.866274179983179 12/1/2020 4.717925854007589 Banks 8/24/2015 20MM Yes Yes NON-CUMULATIVE CAPITAL ONE FINANCIAL CO cof c pfd 14040H600 26.49 5.9295412379827965 Banks 6/12/2014 20MM CAPITAL ONE FINANCIAL CO cof d pfd 14040H709 27.93 6.029276486821581 Banks 10/31/2014 20MM CHARLES SCHWAB CORP SCHW Pfd 808513600 201848.93333333332 5.95 Baa2 BBB 26.14 5.719442901696073 6/1/2021 4.97612216619276 Diversified Finan Sery 3/7/2016 30MM Yes Yes NON- CUMULATIVE CHARLES SCHWAB CORP SCHW 4.095238208770752 Buy schw c Pfd 808513402 69323.96666666666 6 Baa2 BBB 26.48 5.69331983805668 12/1/2020 4.599231499414014 Diversified Finan Sery 8/3/2015 24MM Yes Yes NON- CUMULATIVE CHARLES SCHWAB CORP SCHW 4.095238208770752 Buy schw b Pfd 808513204 23352.733333333334 6 Baa2 BBB 26.40 5.710659898477157 9/1/2017 1.537390158537474 Diversified Finan Sery 6/6/2012 19.4MM Yes Yes NON- CUMULATIVE CITIGROUP CAPITAL XIII C 4.625 156560 7.00835 Bal BB+ 25.83 7/11/2016 -25.37967673170323 No No CUMULATIVE BBT 3.9166667461395264 Buy 70565.50 5.625 Baal BBB- 8/1/2017 3.290672895468316 Yes Yes NON-CUMULATIVE bbt e 25.71 Banks COF 3.903225898742676 Hold 33836.90 6.25 Baa3 BB 9/1/2019 4.353628697338973 Yes Yes NON-CUMULATIVE COF 3.903225898742676 Hold 48497.10 6.70 Baa3 BB 12/1/2019 3.2037952222126633 Yes Yes NON-CUMULATIVE 4.095238208770752 Buy schw d Hold c n pfd 173080201 6.8463592729167715 Banks 10/5/2010 89.84MM EFTA01422347 CITIGROUP INC C 33135.333333333336 5.607958574160418 3/26/2013 23MM CITIGROUP INC C 193281.86666666667 6.098889130908299 2/2/2016 41.4MM CITIGROUP INC C 110869.66666666667 6.22747258968504 10/31/2013 59.8MM CITIGROUP INC C 43265.63333333333 6.317631360466815 2/12/2014 19.2MM CITIGROUP INC C 84152.90 9/30/2023 Yes Yes CITIGROUP INC 8.125 Ba2 BB+ 28.26 0.6531028229271563 Banks NON-CUMULATIVE COUNTRYWIDE CAPITAL IV Not Rated 22238E206 21432.966666666667 6.62308513117388 7/11/2016 4/11/2003 20MM No No COUNTRYWIDE CAPITAL V Not Rated 222388209 69205.63333333333 6.826160447276037 6/20/2016 11/8/2006 59.8MM No No DB CONT CAP TRST II Not Rated 25153X208 199748.33333333334 6.608901837627858 5/23/2017 5/23/2007 32MM Yes No DB CONT CAP TRUST III Not Rated 25154A108 171946.10 7.60 7.5151621692889155 2/20/2018 2/20/2008 79MM Yes No DB CONT CAPITAL TRUST V Not Rated 25150L108 130880.63333333333 7.860112775531129 6/30/2018 5/9/2008 55.4MM Yes No DIGITAL REALTY TRUST INC DLR Dlr g Pfd 253868889 17012.1 5.759388279440617 4/9/2018 4/9/2013 10MM No No CUMULATIVE DIGITAL REALTY TRUST INC DLR 3.777777671813965 Dlr i Pfd 253868863 27648.40 6.35 Baa3 Rated 26.47 5.999354400182658 8/24/2020 4.625 Hold 5.80 Ba2 4/22/2018 Yes Yes 4.625 Hold 6.30 Ba2 2/12/2021 Yes Yes 4.625 Hold 6.875 Ba2 11/15/2023 Yes Yes 4.625 Hold 6.875 Ba2 2/12/2019 Yes Yes 4.625 Hold 7.125 Ba2 BB+ 5.079865956158894 NON-CUMULATIVE C 4.625 c c pfd 172967366 BB+ 26.13 3.7716946584808677 Banks NON-CUMULATIVE C S Pfd 172967317 Not Rated 26.03 5.452272341405352 Banks NON-CUMULATIVE c k Pfd 172967341 BB+ 27.80 5.154250756525354 Banks NON-CUMULATIVE c l Pfd 172967333 BB+ 27.43 3.3081306517336406 Banks NON-CUMULATIVE c j Pfd 172967358 28.49 6.350349919135165 Banks 9/19/2013 38MM Hold c p pfd 172967572 6881.10 7.2485047635686435 2/15/2018 1/25/2008 148.6MM Yes Yes Not Rated CFC 6.75 Bal BB+ -19.473531739423848 CUMULATIVE Not Rated CFC 7 Bal BB+ -118.83593793141539 CUMULATIVE Not Rated DXB Pfd 6.55 B1 B+ 7.553000054556309 NON-CUMULATIVE Not Rated dtk pfd B1 B+ 25.43 6.9018678221475485 NON-CUMULATIVE Not Rated dkt pfd 8.05 B1 B+ 6.787599370663995 NON-CUMULATIVE 3.777777671813965 5.875 Baa3 BB+ 4.595566465097252 A Pfd 25.84 Banks B Pfd 25.87 Banks 24.90 Banks Banks 26.04 Banks Buy 25.51 REITS Buy Not EFTA01422348 4.744170335430644 REITS 8/24/2015 10MM No No CUMULATIVE DIGITAL REALTY TRUST INC DLR 3.777777671813965 Buy Dlr f Pfd 253868806 10532.166666666666 6.625 Baa3 BB+ 26.47 6.259259307859767 4/5/2017 -0.9955985142589223 REITS 4/5/2012 7.3MM No Not Confirmed CUMULATIVE DIGITAL REALTY TRUST INC DLR 3.777777671813965 Buy Dlr e Pfd 253868707 19452 7 Baa3 BB+ 25.46 6.876152847054715 9/15/2016 -1.5870897487204423 REITS 9/15/2011 11.5MM No No CUMULATIVE DIGITAL REALTY TRUST INC DLR 3.777777671813965 Buy Dlr h Pfd 253868871 45421.666666666664 7.375 Baa3 BB+ 28.31 6.515073622785827 3/26/2019 2.3423659503339382 REITS 3/26/2014 14.6MM No No CUMULATIVE DTE ENERGY CO DTE 3.799999952316284 Hold dtq pfd 233331701 16156.166666666666 5.25 Baal BBB- 25.14 5.245104569068869 12/1/2017 5.045071054352103 Electric 10/1/2012 8MM No No CUMULATIVE DTE ENERGY CO DTE 3.799999952316284 Hold dtj pfd 233331800 Not Available 5.375 Baal BBB- 25 5.389484238892022 6/1/2021 5.454169753642213 Electric 5/27/2016 12MM No No CUMULATIVE DTE ENERGY CO DTE 3.799999952316284 Hold dtz pfd 233331602 19036.466666666667 6.50 Baal BBB- 25.75 6.346279019310046 12/1/2016 0.5472555723521456 Electric 12/7/2011 11.2MM No No CUMULATIVE EBAY INC EBAY 3.454545497894287 Hold ebayl Pfd 278642202 193729.76666666666 6 Baal BBB+ 26.18 5.786664952099273 3/1/2021 5.0609434463893965 Internet 2/29/2016 30MM Not Confirmed Not Confirmed #N/A N Ap FIFTH THIRD BANCORP FITB 3.621621608734131 Hold fitbi Pfd 316773605 41502.26666666667 6.625 Baa3 BB+ 31.07 5.397035703597514 12/31/2023 3.203088230362727 Banks 12/9/2013 18MM Yes Yes NON-CUMULATIVE FIRST REPUBLIC BANK FRC 3.86956524848938 Hold frc g pfd 33616C837 48258.73333333333 5.50 Baa3 BBB- 25.76 5.337732919254658 3/30/2021 4.749353597640982 Banks 2/10/2016 6MM Yes Yes NON-CUMULATIVE FIRST REPUBLIC BANK FRC 3.86956524848938 Hold frc f pfd 33616C852 10771.60 5.70 Baa3 Not Rated 27 5.277777777777778 6/30/2020 3.5188763435518466 Banks 5/27/2015 4MM Yes Yes NON-CUMULATIVE FIRST REPUBLIC BANK/CA FRC 3.86956524848938 Hold frc a pfd 33616C209 13772.40 6.70 Baa3 BBB- 25.97 6.449749711205237 1/30/2017 0.045124337179941236 Banks 1/24/2012 7.981MM Yes Yes NON-CUMULATIVE FIRST REPUBLIC BANK/SF FRC 3.86956524848938 Hold frc d pfd 33616C886 11418.566666666668 5.50 Baa3 BBB- EFTA01422349 25.64 5.362714508580343 6/29/2018 4.097645062160528 Banks 4/23/2013 7.6MM Yes Yes NON-CUMULATIVE FIRST REPUBLIC BANK/SF FRC 3.86956524848938 Hold frc c pfd 33616C605 8371.433333333332 5.625 Baa3 BBB- 25.71 5.4696616102683775 12/29/2017 3.5976058407926996 Banks 11/23/2012 6MM Yes Yes NON-CUMULATIVE FIRST REPUBLIC BANK/SF FRC 3.86956524848938 Hold frc b pfd 33616C407 10718.266666666666 6.20 Baa3 BBB- 26.04 5.9523809523809526 6/1/2017 1.584050166762755 Banks 6/1/2012 6MM Yes Yes NON-CUMULATIVE FIRST REPUBLIC BANK/SF FRC 3.86956524848938 Hold frc e pfd 33616C860 9294.133333333333 7 Baa3 BBB- 27.95 6.2611806797853315 12/28/2018 2.1049114944506155 Banks 10/28/2013 8MM Yes Yes NON-CUMULATIVE FPL GROUP CAP TRUST I N/A Not Rated Not Rated nee C Pfd 30257V207 13982.133333333333 5.875 Baa2 BBB 26.40 5.567749174874051 7/11/2016 -69.68749999999999 Electric 3/15/2004 12MM No No CUMULATIVE GENERAL ELECTRIC CO GE 3.952380895614624 Hold gek pfd 369622394 41439.8 4.70 Al AA+ 26.14 4.514190887310641 5/16/2018 2.4813205916815817 Miscellaneous Manufactur 5/16/2013 30MM Not Confirmed Not Confirmed UNKNOWN GENERAL ELECTRIC CO GE 3.952380895614624 Hold geb pfd 369622428 41312.23333333333 4.875 Al AA+ 26.42 4.650524972722883 10/15/2017 1.2025798493687898 Miscellaneous Manufactur 10/10/2012 33MM No No #N/A N Ap GENERAL ELECTRIC CO GE 3.952380895614624 Hold geh pfd 369622410 34701.13333333333 4.875 Al AA+ 26.75 4.5845047657298466 1/29/2018 0.918314777968637 Miscellaneous Manufactur 1/29/2013 25.3MM No No #N/A N Ap GMAC CAPITAL TRUST I N/A Not Rated Not Rated ally a pfd 361860208 657658.6333333333 6.4111 B2 B 24.89 6.480001950985192 7/11/2016 22.07621936579219 Banks 3/7/2011 106.68MM No No CUMULATIVE GOLDMAN SACHS GROUP INC GS 4.034482955932617 Hold gs I Pfd 38145G209 48040.60 5.95 Bal BB 25.96 5.779644964666456 11/10/2017 3.5921533262011365 Banks 10/24/2012 34MM Yes Yes NON-CUMULATIVE GOLDMAN SACHS GROUP INC GS 4.034482955932617 Hold GS B Pfd 38144X500 37056.03333333333 6.20 Bal BB 26.05 6.0036796746392955 7/11/2016 -42.57197696737052 Banks 10/31/2005 32MM Yes Yes NON-CUMULATIVE GOLDMAN SACHS GROUP INC GS 4.034482955932617 Hold gs n pfd 381486504 149955.63333333333 6.30 Bal BB 26.58 5.9786476868327405 5/10/2021 4.99664882910391 Banks 2/23/2016 27MM Yes Yes NON-CUMULATIVE GOLDMAN SACHS GROUP INC GS 4.034482955932617 Hold gs k pfd 381486108 53724.36666666667 6.375 Bal BB EFTA01422350 27.56 5.833438182712435 5/10/2024 4.910010616546788 Banks 4/28/2014 28MM Yes Yes NON-CUMULATIVE GOLDMAN SACHS GROUP INC GS 4.034482955932617 Hold gsj pfd 38144G184 63769.76666666667 6.50 A3 BBB+ 25.88 6.338680579257887 11/1/2016 -0.7732735256243628 Banks 10/26/2011 23MM No No UNKNOWN HSBC HOLDINGS PLC HSBC 2.50 Hold EP016745 Pfd 404280604 68612.63333333333 6.20 Baa1 BBB- 25.59 6.076478691488029 7/11/2016 -25.932004689331745 Banks 9/22/2005 58MM Yes No NON-CUMULATIVE HSBC HOLDINGS PLC HSBC 2.50 Hold Hseb Pfd 404280802 263831.56666666665 8 Baa1 BBB- 26.12 7.688036560884978 7/11/2016 -52.557427258805475 Banks 6/24/2010 152MM Yes No NON-CUMULATIVE HSBC HOLDINGS PLC HSBC 2.50 Hold Hsea Pfd 404280703 98460.50 8.125 Baal BBB- 27.11 7.614654239377395 7/11/2016 4/9/2008 88MM Yes No HSBC USA INC HSBC 2.50 Hold 94354.63333333333 6.50 Baa2 6.4024340193605225 6/30/2016 5/26/2006 14.95MM Yes Yes ING GROEP NV ING 4 Buy 33451.73333333333 6.125 Baa3 6.024573703350538 7/15/2016 9/26/2005 28MM Yes No ING GROEP NV ING 4 Buy 6.20 Baa3 BB+ 26.21 5.988538 7/15/2016 -45.188859214040505 Yes No CUMULATIVE ING GROEP NV ING 48928.73333333333 6.235252405462569 6/13/2007 41.8MM ING GROEP NV ING 28136.833333333332 6.721487307829818 7/18/2002 32MM ING GROEP NV ING 4 Buy 49382.80 7.20 Baa3 BB+ 9/15/2016 -14.155179732356277 Yes No CUMULATIVE JPMORGAN CHASE & CO 3PM 4.486486434936523 Buy 3PM a Pfd 46637G124 65001.433333333334 5.45 Baa3 BBB- 25.83 5.311452243628356 3/1/2018 3.5995632254342818 Banks 2/5/2013 36MM Yes Yes NON-CUMULATIVE JPMORGAN CHASE & CO 3PM 4.486486434936523 Buy 3PM d Pfd 48126E750 106961.36666666667 5.50 Baa3 BBB- 25.57 5.415414238163354 9/1/2017 3.7912593373337606 Banks 8/27/2012 50.3MM Yes Yes NON-CUMULATIVE JPMORGAN CHASE & CO 3PM 4.486486434936523 Buy 3PM g 4 Buy 6.375 Baa3 9/15/2016 Yes No 4 Buy 7.05 Baa3 9/15/2016 Yes No -85.10328292143122 Banks NON-CUMULATIVE Husi h Pfd 40428H862 BBB- 25.39 -55.297361165813406 Banks NON-CUMULATIVE ISG Pfd 456837509 BB+ 25.74 -19.982517482517448 Banks CUMULATIVE ISP Pfd 456837400 066925669 Banks 10/28/2003 20MM 18547.9 ISF Pfd 456837608 BB+ 25.64 -3.9902037257960874 Banks CUMULATIVE IND Pfd 456837202 BB+ 26.31 -13.994902407941487 Banks CUMULATIVE INZ Pfd 456837301 26.33 6.859756097560976 Banks 12/12/2002 44MM EFTA01422351 Pfd 48127X542 94176.96666666666 6.10 Baa3 BBB- 26.34 5.833769449218843 9/1/2020 4.76804376416891 Banks 6/4/2015 57MM Yes Yes NON-CUMULATIVE 3PMORGAN CHASE & CO 3PM 4.486486434936523 Buy 3PM f Pfd 48127R461 134445.10 6.125 Baa3 BBB- 26.48 5.826655030973098 3/1/2020 4.473742430763436 Banks 2/12/2015 57.2MM Yes Yes NON-CUMULATIVE JPMORGAN CHASE & CO 3PM 4.486486434936523 Buy 3PM h Pfd 48127V827 119524 6.15 Baa3 BBB- 26.64 5.815213322984669 9/1/2020 4.510619066836509 Banks 7/29/2015 46MM Yes Yes NON-CUMULATIVE JPMORGAN CHASE & CO 3PM 4.486486434936523 Buy 3PM e Pfd 481246700 48795.10 6.30 Baa3 BBB- 26.86 5.908973667549887 9/1/2019 3.9233390184211765 Banks 6/23/2014 35.2MM Yes Yes NON-CUMULATIVE JPMORGAN CHASE & CO 3PM 4.486486434936523 Buy 3PM b Pfd 48127A161 77025.03333333334 6.70 Baa3 BBB- 28.03 6.022727556475555 3/1/2019 2.1949369265579843 Banks 1/30/2014 37MM Yes Yes NON-CUMULATIVE KIMCO REALTY CORP KIM 3.7826087474823 Hold kim j pfd 49446R778 9178.50 5.50 Baa2 BBB- 25.88 5.372449104184812 7/25/2017 3.147390118771025 REITS 7/25/2012 9MM No No CUMULATIVE KIMCO REALTY CORP KIM 3.7826087474823 Hold kim k pfd 49446R745 16811.566666666666 5.625 Baa2 BBB- 25.97 5.476684536885471 12/7/2017 3.6075185621521246 REITS 12/7/2012 7MM No No CUMULATIVE KIMCO REALTY CORP KIM 3.7826087474823 Hold kim I pfd 49446R794 17860.066666666666 6 Baa2 BBB- 26.58 5.710478728466737 3/20/2017 -0.9491171196543277 REITS 3/20/2012 16MM No No CUMULATIVE MERRILL LYNCH CAP III Not Rated Not Rated MER P Pfd 59025D207 30635.833333333332 7.375 Bal BB+ 26.48 6.9695420512110395 7/11/2016 -72.12802114803638 Banks 8/22/2007 30MM No No CUMULATIVE MERRILL LYNCH CAP TRST I Not Rated Not Rated MER K Pfd 590199204 33137.066666666666 6.45 Bal BB+ 26.03 6.200109743544556 7/11/2016 -49.54667691125637 Banks 12/14/2006 42MM No No CUMULATIVE MORGAN STANLEY MS 3.903225898742676 Hold MS i Pfd 617613406 120327.86666666667 6.375 Bal BB 27.25 5.922714383873184 10/15/2024 5.206193163661108 Banks 9/18/2014 40MM Yes Yes NON-CUMULATIVE MORGAN STANLEY MS 3.903225898742676 Hold MS g Pfd 61762V507 79914.20 6.625 Bal BB 27.28 6.150124936500282 7/15/2019 3.873938859517773 Banks 4/29/2014 20MM Yes Yes NON-CUMULATIVE MORGAN STANLEY MS 3.903225898742676 Hold MS F Pfd 61763E207 47293.433333333334 6.875 Bal BB 28.56 6.096505840021529 1/15/2024 4.815281532854802 Banks 12/10/2013 34MM Yes Yes NON-CUMULATIVE EFTA01422352 MORGAN STANLEY MS 3.903225898742676 Hold MS E Pfd 61762V200 67132.73333333334 7.125 Bal BB 30.10 5.993638331244907 10/15/2023 4.089818702158591 Banks 9/30/2013 34.5MM Yes Yes NON-CUMULATIVE MORGAN STANLEY CAP TR V Not Rated Not Rated MWO Pfd 617466206 26327.733333333334 5.75 Baa3 Not Rated 25.67 5.667808899007585 7/11/2016 -17.425009738994977 Diversified Finan Sery 7/16/2003 20MM No No CUMULATIVE MORGAN STANLEY CAP TRUST Not Rated Not Rated MSK Pfd 61753R200 69884.36666666667 6.45 Baa3 BB 25.77 6.342156906928437 7/11/2016 -20.500582072177025 Diversified Finan Sery 4/26/2007 33MM No No CUMULATIVE MORGAN STANLEY CP TR III Not Rated Not Rated MWR Pfd 617460209 64847.23333333333 6.25 Baa3 BB 25.72 6.110095779145835 7/11/2016 Diversified Finan Sery 2/27/2003 MORGAN STANLEY CP TR IV Not Rated 617462205 24395.166666666668 6.150204391792621 7/11/2016 -19.440389077631803 Diversified Finan Sery 4/21/2003 24.8MM No No NEXTERA ENERGY CAPITAL NEE 4.583333492279053 Buy Pfd 65339K886 32730.10 5 Baa2 BBB 4.958104021022361 1/15/2018 4.457050942546067 Electric 1/18/2013 18MM No No CUMULATIVE NEXTERA ENERGY CAPITAL NEE 4.583333492279053 Buy nee i Pfd 65339K803 31417.633333333335 5.125 Baa2 BBB 25.48 5.0524482466361516 11/15/2017 4.065604386959108 Electric 11/19/2012 20MM No No CUMULATIVE NEXTERA ENERGY CAPITAL NEE 4.583333492279053 Buy nee k Pfd 65339K100 Not Available 5.25 Baa2 BBB 24.99 5.258237906052816 6/1/2021 5.3029416660389685 Electric 6/7/2016 22.8MM No No CUMULATIVE NEXTERA ENERGY CAPITAL NEE 4.583333492279053 Buy nee h Pfd 65339K704 21026.966666666667 5.625 Baa2 BBB 25.70 5.47595144656384 6/15/2017 2.816311263372051 Electric 6/15/2012 14MM No No CUMULATIVE NEXTERA ENERGY CAPITAL NEE 4.583333492279053 Buy nee g Pfd 65339K605 19309.70 5.70 Baa2 BBB 26.04 5.488201169853407 3/1/2017 0.16065970224003367 Electric 3/27/2012 16MM No No CUMULATIVE NORTHERN TRUST CORP NTRS 2.95652174949646 Hold ntrsp Pfd 665859872 23732.70 5.317819239597299 10/1/2019 8/5/2014 16MM Yes Yes PARTNERRE LTD PRE Not Rated EP0438218 10924.066666666668 5.775694158561238 3/1/2018 Insurance 2/14/2013 10MM PARTNERRE LTD PRE Not Rated EP0136390 7847.533333333334 6.355569679043731 7/11/2016 -29.618973561430778 35.2MM No No Not Rated MWG Pfd 6.25 Baa3 BB CUMULATIVE 25.41 CUMULATIVE nee j 25.43 5.85 Baal BBB+ 27.51 2.5909342836268943 Banks NON-CUMULATIVE Not Rated PRE F Pfd 5.875 Baa2 BBB 25.54 4.733337507082882 Yes No NON-CUMULATIVE Not Rated PRE D Pfd 6.50 Baa2 BBB 25.69 -27.54379135850515 EFTA01422353 Insurance 11/15/2004 9.2MM Yes No CUMULATIVE PARTNERRE LTD PRE Not Rated Not Rated PRE E Pfd EP0406819 18470.133333333335 7.25 Baa2 BBB 25.52 7.140307033202428 7/11/2016 -16.84169278996869 Insurance 6/15/2011 14.95MM Yes No CUMULATIVE PNC FINANCIAL SERVICES PNC 3.5675675868988037 Buy pnc q pfd 693475832 19026.833333333332 5.375 Baa2 BBB- 25.74 5.244812108333153 12/1/2017 3.4701987000709167 Banks 9/21/2012 19.2MM Yes Yes NON-CUMULATIVE PNC FINANCIAL SERVICES PNC 3.5675675868988037 Buy pnc p pfd 693475857 122732.93333333333 6.125 Baa2 BBB- 29.52 5.233918163357589 5/1/2022 2.914485553986002 Banks 4/24/2012 60MM Yes Yes NON-CUMULATIVE PROTECTIVE LIFE CORP PL Not Rated Not Rated pl e pfd 743674707 14627.766666666666 6 Baa2 BBB 26.12 5.774042471290177 8/15/2017 2.3291356125059113 Insurance 8/20/2012 6MM No No CUMULATIVE PROTECTIVE LIFE CORP PL Not Rated Not Rated pl c pfd 743674608 11672.20 6.25 Baa2 BBB 26.42 5.96108603039359 5/15/2017 0.6112606073849017 Insurance 5/18/2012 11.5MM No No CUMULATIVE PRUDENTIAL FINANCIAL INC PRU 4.222222328186035 Buy PRH Pfd 744320706 46656.26666666667 5.70 Baa2 BBB+ 26.12 5.470512020730361 3/15/2018 3.08665810960979 Insurance 3/14/2013 28.4MM No No CUMULATIVE PRUDENTIAL FINANCIAL INC PRU 4.222222328186035 Buy PJH Pfd 744320607 30284.90 5.75 Baa2 BBB+ 26.41 5.457867634844925 12/4/2017 1.8690648875010447 Insurance 12/4/2012 23MM No No CUMULATIVE PRUDENTIAL PLC PUK 4.333333492279053 Not Rated EP016290 Pfd EP0162909 19151.766666666666 6.50 Baal A- 26.23 6.20373708880358 9/23/2016 -11.788518459470824 Insurance 7/15/2005 12MM Yes No NON-CUMULATIVE PRUDENTIAL PLC PUK 4.333333492279053 Not Rated PUK Pfd EP0125823 13576.166666666666 6.75 Baal A- 26.45 6.476373230990646 7/11/2016 -43.77638464989627 Insurance 8/6/2004 10MM Yes No NON-CUMULATIVE PUBLIC STORAGE PSA 3 Not Rated psa c pfd 74460W750 Not Available 5.125 A3 BBB+ 25.28 5.0696632177386 5/17/2021 4.835111503958966 REITS 5/17/2016 8MM No No CUMULATIVE PUBLIC STORAGE PSA 3 Not Rated psa w pfd 74460W875 33522.066666666666 5.20 A3 BBB+ 25.49 5.101484662844187 1/16/2018 3.8156212856511873 REITS 1/16/2013 20MM No No CUMULATIVE PUBLIC STORAGE PSA 3 Not Rated psa x pfd 74460W107 11558.033333333333 5.20 A3 BBB+ 25.80 5.040170590389213 3/13/2018 3.2063987482598457 REITS 3/13/2013 9MM No No CUMULATIVE PUBLIC STORAGE PSA 3 Not Rated psa v pfd 74460W800 22588.60 5.375 A3 BBB+ 25.60 EFTA01422354 5.25055456438713 9/20/2017 9/20/2012 19.8MM No No PUBLIC STORAGE PSA 3 Not 74460W776 71666.6 5.40 A3 5.215879455230368 1/20/2021 1/20/2016 12MM No No PUBLIC STORAGE PSA 3 Not 74460W602 10430.366666666667 5.40404222358324 6/15/2017 6/15/2012 11.5MM No No PUBLIC STORAGE PSA 3 Not 74460W404 18739.033333333333 5.5030213448108105 3/13/2017 3/13/2012 18.5MM No No PUBLIC STORAGE PSA 3 Not 74460W792 16460.833333333332 5.344438309641341 12/2/2019 12/2/2014 7.6MM No No PUBLIC STORAGE PSA 3 Not 74460W206 19603.666666666668 5.723308740710402 1/12/2017 1/12/2012 18.4MM No Not PUBLIC STORAGE PSA 3 Not 74460W826 13246.90 6 5.362569266519692 6/4/2019 6/4/2014 11.5MM No No PUBLIC STORAGE PSA 3 Not 74460D125 41972.86666666667 6.26203579167089 7/26/2016 7/26/2011 19.5MM No No PUBLIC STORAGE PSA 3 Not 74460W842 20137.866666666665 5.657384365651912 3/17/2019 1.5606504353577813 3/17/2014 11.4MM No No CUMULATIVE REGIONS FINANCIAL CORP RF 3.8787879943847656 Hold rf a Pfd 7591EP308 42732.86666666667 6.375 Ba2 BB 26.38 6.059813928066444 12/15/2017 2.635918770368876 Banks 11/1/2012 20MM Yes Yes NON-CUMULATIVE REGIONS FINANCIAL CORP RF 3.8787879943847656 Hold rf b Pfd 7591EP506 49587.73333333333 6.375 Ba2 BB 27.14 5.889621562943886 9/15/2024 Banks 4/29/2014 20MM Yes Yes RENAISSANCERE HLDGS LTD RNR 3.125 Buy EP0112524 7477.066666666667 6.08 25.76 5.919054335880372 7/11/2016 Insurance 3/23/2004 10MM RENAISSANCERE HOLDINGS L RNR EP0444109 22594.266666666666 5.2348974223879114 6/1/2018 Insurance 5/28/2013 11MM ROYAL BK SCOTLND GRP PLC RBS 3.286002403081803 CUMULATIVE Rated psa b pfd Not Rated 25.89 4.5001545813055985 CUMULATIVE Rated psa u pfd 5.625 A3 BBB+ 1.2554089189496709 CUMULATIVE Rated psa t pfd 5.75 A3 BBB+ -0.6361673409899764 CUMULATIVE Rated psa a pfd 5.875 A3 BBB+ 2.787668671256524 CUMULATIVE Rated psa s pfd 5.90 A3 BBB+ 0.046458517710230636 Confirmed CUMULATIVE Rated psa z pfd A3 BBB+ 27.98 1.792463100865671 CUMULATIVE Rated psa r pfd 6.35 A3 BBB+ -9.604490284404903 CUMULATIVE Rated psa y pfd 6.375 A3 BBB+ REITS REITS 26.03 REITS 26.13 REITS 27.49 REITS 25.78 REITS REITS 25.36 REITS 28.18 REITS 5.108381452543059 NON-CUMULATIVE RNR c Pfd #N/A N/A BBB+ -32.099378881987676 Yes No CUMULATIVE 3.125 Buy RNR e Pfd 5.375 Baa2 BBB+ 25.74 3.9398335575142465 Yes No NON-CUMULATIVE 4 Hold RBS L Pfd EFTA01422355 780097788 81663.13333333333 5.791230342689762 7/11/2016 6/23/2003 34MM Yes No ROYAL BK SCOTLND GRP PLC RBS 780097747 34166.63333333333 6.0808546841195925 7/11/2016 12/27/2006 26MM Yes No ROYAL BK SCOTLND GRP PLC RBS 780097739 45360.333333333336 6.589237578621584 7/11/2016 6/28/2007 38MM Yes No ROYAL BK SCOTLND GRP PLC RBS 780097879 15448.70 7.25 7.107862494178905 7/11/2016 2/8/1999 12MM Yes No ROYAL BK SCOTLND GRP PLC RBS 780097713 92227.10 7.25 7.201052843588166 7/11/2016 9/27/2007 64MM Yes No ROYAL BK SCOTLND GRP PLC RBS 780097804 8888.50 7.65 B1 7.390054821648514 7/11/2016 3/26/1997 8MM Yes No STATE STREET CORP STT 3.4583332538604736 Hold stt pfd 857477509 27619.966666666667 5.25 Baal BBB 26.28 5.007491366051593 9/15/2017 1.1324649600318535 Banks 8/21/2012 20MM Yes Yes NON-CUMULATIVE STATE STREET CORP STT 3.4583332538604736 Hold stt g pfd 857477855 191454 5.35 Baal BBB 26.42 5.076015038045137 3/15/2026 4.631380531459765 Banks 4/11/2016 20MM Yes Yes NON-CUMULATIVE STATE STREET CORP STT 3.4583332538604736 Hold stt d pfd 857477608 58222.566666666666 5.90 Baal BBB 28.15 5.254317371889421 3/15/2024 4.009843908365721 Banks 3/4/2014 30MM Yes Yes NON-CUMULATIVE STATE STREET CORP STT 3.4583332538604736 Hold stt e pfd 857477889 48113.40 6 Baal BBB 26.83 5.607301953210181 12/15/2019 3.774689236897908 Banks 11/25/2014 30MM Yes Yes NON-CUMULATIVE TELEPHONE & DATA SYSTEMS TDS 4.333333492279053 Not Rated TDI Pfd 879433852 5240.266666666666 6.625 Ba2 BB 26.70 6.287691547207118 7/11/2016 -62.38800889043855 3/31/2005 4.65MM No No US BANCORP USB 25387.366666666665 4.875380642582532 5/2/2013 20MM US BANCORP USB 59095.50 6 4/15/2017 5.75 B1 B+ 13.493933313911933 NON-CUMULATIVE 4 Hold RBS R 6.125 B1 B+ -7.167313313543462 NON-CUMULATIVE 4 Hold RBS S 6.60 B1 B+ 1.078893533251546 NON-CUMULATIVE 4 Hold RBS h B1 B+ 25.51 -23.987567485187057 NON-CUMULATIVE 4 Hold RBS T B1 B+ 25.18 -5.942821904383126 NON-CUMULATIVE 4 Hold RBS f B+ 25.89 -43.266212771475544 NON-CUMULATIVE 24.83 Banks Pfd 25.19 Banks Pfd 25.05 Banks Pfd Banks Pfd Banks Pfd Banks 3.75 Hold 5.15 A3 7/15/2018 Yes Yes 3.75 Hold A3 BBB 0.2840791480228121 Telecommunications #N/A N Ap usb o pfd 902973791 BBB 26.68 2.277313356541162 Banks NON-CUMULATIVE usb n pfd 902973817 26.44 5.741993109608268 Banks 4/20/2012 43.4MM EFTA01422356 Yes Yes NON-CUMULATIVE US BANCORP USB 3.75 Hold usb m pfd 902973833 77217.50 6.50 A3 BBB 31.06 5.290239733769816 1/15/2022 2.1004214082452752 Banks 1/23/2012 44MM Yes Yes NON-CUMULATIVE VERIZON COMMUNICATIONS VZ 3.6666667461395264 Hold vza pfd 92343V302 41539.333333333336 5.90 Baa1 BBB+ 27.58 5.386488131466829 2/15/2019 2.1060153194956612 Telecommunications 2/6/2014 20MM No No #N/A N Ap VORNADO REALTY TRUST VNO 3.799999952316284 Hold VNO L Pfd 929042844 21520.566666666666 5.40 Baa3 BBB- 25.46 5.3039976426677145 1/25/2018 4.098176847448235 REITS 1/25/2013 12MM Not Confirmed No CUMULATIVE VORNADO REALTY TRUST VNO 3.799999952316284 Hold VNO k Pfd 929042851 14903.766666666666 5.70 Baa3 BBB- 25.71 5.544297641241792 7/18/2017 2.8515649171118165 REITS 7/18/2012 12MM No No CUMULATIVE VORNADO REALTY TRUST VNO 3.799999952316284 Hold VNO g Pfd 929042802 6893.433333333333 6.625 Baa3 BBB- 26.09 6.3504573793779215 7/11/2016 -53.773552967314075 REITS 12/22/2004 8MM No No CUMULATIVE VORNADO REALTY TRUST VNO 3.799999952316284 Hold VNO I Pfd 929042877 7570.533333333334 6.625 Baa3 BBB- 26.20 6.3237857867280045 7/11/2016 -58.97809582004864 REITS 8/31/2005 10.8MM No No CUMULATIVE VORNADO REALTY TRUST VNO 3.799999952316284 Hold VNO j Pfd 929042869 22942.533333333333 6.875 Baa3 BBB- 26.38 6.517711717002274 7/11/2016 -67.16477671769506 REITS 4/20/2011 9.85MM Not Confirmed No CUMULATIVE WELLS FARGO & COMPANY WFC 3.8918919563293457 Buy wfc o pfd 949746721 40290.63333333333 5.125 Baa2 Not Rated 25.52 5.033910686965104 12/15/2017 3.7289652588497564 Banks 11/20/2012 26MM Yes Yes NON-CUMULATIVE WELLS FARGO & COMPANY WFC 3.8918919563293457 Buy wfc n pfd 949746747 41412.96666666667 5.20 Baa2 BBB 25.57 5.097761559827896 9/15/2017 3.3687410220041727 Banks 8/16/2012 30MM Yes Yes NON-CUMULATIVE WELLS FARGO & COMPANY WFC 3.8918919563293457 Buy wfc p pfd 949746655 30815.066666666666 5.25 Baa2 BBB 25.73 5.114819580828358 6/15/2018 3.7554935170388117 Banks 3/22/2013 25MM Yes Yes NON-CUMULATIVE WELLS FARGO & COMPANY WFC 3.8918919563293457 Buy wfc w pfd 94988U714 176556.13333333333 5.70 Baa2 BBB 25.80 5.539403461317309 3/15/2021 4.956524941351261 Banks 1/29/2016 40MM Yes Yes NON-CUMULATIVE WELLS FARGO & COMPANY WFC 3.8918919563293457 Buy wfc q pfd 949746556 151515.13333333333 5.85 Baa2 BBB 26.87 5.458553483070558 9/15/2023 4.640335071309427 Banks 7/22/2013 69MM Yes Yes NON-CUMULATIVE WELLS FARGO & COMPANY WFC 3.8918919563293457 Buy wfc t EFTA01422357 pfd 949746366 46705.166666666664 6 Baa2 BBB 26.47 5.683791720610061 9/15/2019 4.0787051333120985 Banks 7/21/2014 32MM Yes Yes NON-CUMULATIVE WELLS FARGO & COMPANY WFC 3.8918919563293457 Buy wfc v pfd 94988U730 78568.13333333333 6 Baa2 BBB 26.58 5.660199364799849 12/15/2020 4.458311796241192 Banks 9/15/2015 40MM Yes Yes #N/A N Ap WELLS FARGO & COMPANY WFC 3.8918919563293457 Buy wfc r pfd 949746465 159854.03333333333 6.625 Baa2 BBB 29.59 5.613914504907467 3/15/2024 3.880085712001011 Banks 12/18/2013 33.6MM Yes Yes NON-CUMULATIVE WELLS FARGO & COMPANY WFC 3.8918919563293457 Buy wfc j pfd 949746879 147941.16666666666 8 Baa2 BBB 27.99 7.172457762193178 12/15/2017 0.025171436103397945 Banks 12/21/2007 92MM Yes Yes NON-CUMULATIVE ZIONS BANCORP ZION 4 Hold zb g pfd 989701859 16676.20 6.30 Not Rated BB- 27.45 5.754212906378741 3/15/2023 4.614163659947496 Banks 2/7/2013 6.873MM Yes Yes NON-CUMULATIVE ZIONS BANCORP ZION 4 Hold zb f pfd 989701867 7490.166666666667 7.90 Not Rated BB- 26.85 7.382832577916919 6/15/2017 0.48481290524824133 Banks 5/7/2012 5.75MM Yes Yes NON-CUMULATIVE ZIONS BANCORPORATION ZION 4 Hold zb h pfd 989701834 9436.733333333334 5.75 Not Rated Not Rated 25.45 5.664327053318557 6/15/2019 5.124902605611914 Banks 5/3/2013 5.049MM Yes Yes NON-CUMULATIVE ZIONS BANCORPORATION ZION 4 Hold zbk Pfd 989701818 4227.333333333333 6.95 Not Rated BB+ 30.45 5.723311513972793 9/15/2023 3.537230275640385 Banks 9/17/2013 3.516MM Not Confirmed Not Confirmed #N/A N Ap IMPORTANT INFORMATION At your request, we are providing the enclosed information which was prepared for you as of the date indicated. 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