EFTA Document EFTA01289441

Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 SOUTHERN FINANCIAL LLC 6 10 0 RED HOOK QUAKER B3 ST THOMASVI 00802 0.1616116 Lint Miser II/n1, li.111.411•11 <poet. it 61111: 0•6111/111111111:6, 41•1 111 nn Yen ma 315 Pot AM,TVP.1611114.3, Now Ton i.e__________________ Cote December 1,2018 - December 31 2018 Account Number: Portfolio at a Glance ThIsPerlo4 Yer4o-DWr Your Investment Specialist. BEGINNINGACCOUNT VALUE 8102,820,779.67 897,272,547.37 MARTIN ZEMAN Net Cash Deposits and Withdrawals 0.00 4,193,223.91 Adjusted Previous Account Value 102,820,779.87 101,465,771.28 Dividends. Interest and Other Income 124,445.80 3,367,640.57 Total Taxes Withheld 488.03 -7,288.40 Other Transactions 428.11 -1,483.76 Net Change in Portfolio' -8,540,158.22 -10,409,988.58 ENDINGACCOUNTVAla $94,404,553.11 894,404,553.11 Accrued Interest 5478.778 13 Estimated Annual Income 33.328.412 86 Asset Summary 'Net Change in Portfolio lathe difference between the ending account value and beginning account value after activity. Prato Asset Type Prior Yeac•Ead Last Period TbisPerlo1 9% Cash. Money Funds, and Bank Deposits 823,820.96 6,566,510.08 8,127,337.23 26% Fixed Income 26,083,479.22 25,363,588.19 24,993,470.70 65% Equities 60,899,388.97 70,890,681.40 61,283,745.18 0% M utual Funds 3,020,938.22 0.00 0.00 0% Exchange-Traded Products 8,444,920.00 0.00 0.00 100% Account Total (Pie Chart) 397,272,547.37 8102,820,779.87 894,404,553.11 Please review your allocation periodically with your Investment Specialist. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) OWN F D MIAL- Page 1 of 18 Rated Eaceilent Every Yes, Since 20O7 DALIAR RATED COMMUNICATIONS ()tall MCC Clain, liner Paralsin IIC eulogy mama sabildlay a The Zak a New Yak Mellon Ca era Melee) Panama 11.C.ma—ba la.tta.atWaigNm_00046469 DB-SDNY-0009293 EFTA_00I57078 EFTA01289441 Summary of Gains and Losses Ms Period Realized Yemen-Dale Unrealized Short-Term Gain! Loss 460,690.96 1,096,814.37 4,404,099.37 Long-Term Gain/ Loss 0.00 2,471,580.94 414,069.43 Net Gain! Loss 480,690.96 3,588,395.31 4,218,188.80 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the' ECEP ) and other credit institutions Introduced' negative interest rates' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 1099 and/ or 1042 S. These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances. Exchange Rate Table G ooa Casa Currency Currency USD EquIveleM per US3 Pinery Posing Balm Amount in Base Currency USD EURO 1.1430 0.8748 HONG KONG DOLLAR 183,242.25 23,405.17 HONG KONG DOLLAR 0.1277 7.8291 JAPANESE YEN 49.00 4.45 JAPANESE YEN 0.0091 109.7000 &change rates are based on interbank exchange rates as of 12/ 3V 2018. Exchange rates can vary. Total Global Cash Balance $23,404.72 Money Market Fund Detail Date /Welty Type Oomph'. Amount Mena Sweep Money Market Fund CASH AC TR DWSGOVT & AG INSTL Current Yield: 2.28% Activity Ending: 32/ 3V 18 12101118 Opening Balance 6,422,115 67 6,422,115.67 12103118 Deposit MONEY FUND PURCHASE 121,052 22 6,543,167.89 12104/18 Deposit MONEY FUND PURCHASE 24,371.00 6,567,538.89 12118/18 Deposit MONEY FUND PURCHASE 49,380.00 6,616,918.89 12/19118 Deposit MONEY FUND PURCHASE 1,357.50 6,618,278.39 12121/18 Deposit MONEY FUND PURCHASE 522.885 93 7,141,182.32 12724/18 Deposit MONEY FUND PURCHASE 913,947.03 8.055.109.35 12/28/18 Deposit MONEY FUND PURCHASE 35,681.25 8,090,790.60 12/31118 Deposit INCOMERBNVEST 13,141.91 8,103,932.51 12/31/18 Closing Balance $8,103,932.51 Total All Money Market Funds $8 103 932 51 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Account FlumAIM CONFID . L Rated timeliest trey Year Since 2007 DALIAR ItA TED COMMUNKATI0NS uauencr Page 2 of 18 Cleary/through Pershing LLC•aapronwel sabsittiary of The Beak col Met Yalt Melba Ono-sten (ONY Melba) Per, hnx 11.C. mentn• 1 inatAAR4VELOSI-000 46470 DB-SDNY-0009294 EV1:4_00157079 EFTA01289442 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Income and Expense Summary December 1, 2018 - December 31, 2018 SOUTHERN FlNA NCIAL LLC I °stint Paled Taxable Non Tenth Taxable Yea-to-Dane Non Taxable Dividend Income Equities 1,867.64 0.00 792,654 57 0.00 Money Market 13,141.91 0.00 72,242 66 0.00 Other Dividends 49,380.00 0.00 954,190 91 0.00 Interest Income Bond Interest 80,056.25 0.00 873,125.66 0.00 Other Interest 0.00 0.00 157,433.76 0.00 Expenses W ithholding Taxes -286.03 0.00 -7,286.40 0.00 Fees( Foreign Securities) -224.11 0.00 -1,124.11 0.00 Total Dividends, Interest, Income and Expenses $123,935.66 $0.00 $2,841,237.05 $0.00 Distributions Alternative Investments 0.00 0.00 0.00 507,893.01 Other Distributions 0.00 0.00 •77.65 31,095.09 Total Distributions $0.00 $0.00 477.65 $538,988.10 Portfolio Holdings U.S. DOLLARS Opining Dale CASH, MONEY FUNDS, AND BANK DEPOSITS Margin Balance Money Market CASH AC TR 0W5 GOVT & AG INSTI. 12101/18 8.103.932.510 N/A 12131118 6,422115,87 8,103.932 51 0 00 72,242.66 Total Money Market $6,422,115.87 $8,103,932.51 $0.00 $72,242.68 TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS $6,543,167.89 $8,103,932.51 $0.00 $72,242.88 Account Activity Opening Closing Awued Income 30-Day Current Quantity Number Fading Belau* Balance Income Mb Year Yield Yield 121,052.22 0.00 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Account Numb CONFID 2.19% 226% Page 3 of 18 Rated LotIlent Clewing through Pagel% 11C•wholy evened Every Year Since 2007 Malaita" of The kelt al New Yak Meta DALIAR RATIO COMMUNICATIONS Carpotabon(ONY Mellon) LICILLINCI Periling U.C.nitrber risotocAtVlioiceM-00046471 DB-SDNY-0009295 EFIA_00157080 EFTA01289443 Portfolio Holdings (continued) U.S. DOLLARS (continued) Dale Acquired FIXED I NCOM E (In Maturity Date Sequence) Corporate Bonds CITIZENSCOM M UNICATIONS CO SR NT FULLY EXCHANGED FROM 174538AX9 7.45% 031EIS 13/E DTD 03/23/0714 oody Rating CAA1St P Rating CCCii 10103117 Quantity Unit Cosa 1.000.000.000 100.0150 EXELA INTER LLC EXELA RN INC GTD FIRST PRIORITY SR SECD NT 144A 1)600% 0716/23K DID 07/17/17C14Moody Rating 83 5 P Rating B 10/24117 2100,000100 971250 07109/18 1,000,000.000 102.6590 Total Covered 3,000,000 000 Total 3.000.000.000 ..BSINVTS GM BH GTD SR NT REG S !SINS USA29866AB53 7250% 04(03/24 BJE DTD 04/03(515 6 P Rating BB- 10/31/17 2,000,000.000 99.0650 DEUTSCHE BANK AG NTS ISMS US25625033 I 296% 05/24/28 EVE DID 05124/0 FORBGN SECURITY 1ST CPN DTE 1/24/13M oody Rating Ba2 S 6 P Rating BEr• 06/01118 1,000,000.000 91.7780 DEUTSCHE BK AG N Y BRH VAR ISMS US24526BN89 4.875% 210 132 B/E DM 2/0117 CALLABLE 2/0127 06/01118 1.000.000.000 86.8260 Adjusted Cost Bale Market Price Market Value Unrealized Colorless Accrued mere. Estimated Wheeled Annual Income Yield Security Walther: 17453BAW1 1.000.154.73 97.2500 Original Cosl Basis: $1001006.00 Scanty Identifier 30 E2RAA9 1,940,506.00 95.5000 Original Cosl Basis: S1940,506 00 1,026,591.39 95.5000 Original Cosl Basis:51028356.00 2.967.097.39 52.967.097.39 Security Identifier:0,29866AM 1.981.300.00 100.8010 Original Oast Basis:5198130000 Sederity Identifier 25525AM 3 917.776.00 84.5800 Original Cost Basis: $917.776 00 Security Identifier: 256268N8 868.256.00 77.7540 Original Cosl Basis: 5868256.00 972.500.00 1,910,000.01 954,999.99 2,865,000.00 52.865.000 00 161662060 845.800.00 777,540.00 -27.654.73 20.919.17 71,250.00 7.32% -30,505.99 92222.22 200,000.00 10.47% -71,591.40 46,111.11 100,000.00 10.47% -102,097.39 138,333.33 300,000 00 4102,097.39 5138.333.33 $300600.00 34,720.00 35,041.67 145,000.00 7.19% 41,976.00 4,415.33 42,960.00 5.07% -90.716 00 4,062.50 48250.00 6 26% Account Number monism-x:2i CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Rabid tactile* trey Year Since 2007 OMAR PAITO COMMUNICATIONS UCtLIINCI Page 4 of '8 Clewing through Pealwag U.C. a %l a7 owned Maid's." of TM Bonk Ott. York Mellon CaveratIon (OM Wilco) PerOing literitetty IthRA.PknflieM-00046472 DB-SDNY-0009296 EFTA_00 I 5708 I EFTA01289444 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) U.S. DOLLARS (continued) December 1,2018 - December 31.2018 SOUTHERN FINANCIAL LLC Date Acquired Quantity Unit Cost FIXED I NCOM E (continued) Corporate Bonds (continued) ASSURANT INC FXC TO RIG SUB NT 7.000% 03/27/48 WE DID 031271E CALLABLE03/2T128A 130 000Moody Raling 03/29/18 2,000,000.000 101.9840 YMORGAN CHASE& CO DEP SHSREPSTG 'V VTR PFC SER 'FIXED TO FLTG RT BD 5.990% 04/23/58 B/E DID 04123108M cod y Rating BAA3 S & P Rating BBB- 06115111',JQ 1,100,000.000 107.2550 06/15/11 . '3-12 2.500.000.000 1061730 Total Noncovered 3,600,000.000 Total 3,600,000.000 SOUTHERN CALIF EDISON CO PREF SER E 6.250%0117162 BIEDTO 0f17!12 CALLABLE ON t22 Q DO 000M oody Rating BAA1S& P Rat mg BBB- 01/30/12 . '312 3.000.000.000 99.9060 GENERAL ELEC CO GTD FXD-TO.FLTGRT NON-CUMULATIVE PERPETUAL PREFERRED 4 000% 2/03/65REGOTD1103P6Moody Rating A3 Sri P Rating BBB- 12/03/15 2.469.000.000 88.0930 AdjuMed Cost Basis Market Price Security Identifier. 0462UAK4 2.039.689.71 95.0000 Original Cost Basis: $2040,005.00 Security Identifier. 46625HHA1 1,179,799.94 98.6250 Original Cost Basis: 51132.500.00 2,669,316.47 98.6250 Original Cost Basis: 52,675,000.00 3,849,116.41 $3.849,116.41 Market Value 1.900.000.00 1.084.875.02 2.46542418 3,550,500.00 Securely Identifier 842400FU2 2,997,192.40 95.2500 Original Cost Basis: 52.992.564.97 Securely Identifier 3696048514 2,175,016.17 63.9000 Original Cost Basis: 52,25.011 53,550,500.00 2,857,500.00 1,577,691.00 Account tiuna troussmx:28 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Unrealized Cain Lon Awned Estimated Eslimaled Interest Annual Income Yield -139.689.71 36.555.56 140,000.00 7.36% -94,924.92 11,348.44 65.894.18 6.07% -203,691.49 25,791.92 149,759.50 6.07% -298,616.41 37,140.36 215,653.68 4298.616.41 $37.140.36 5215.653.68 -139.692.40 78,125.00 187,500.00 6.56% 497.325.17 4,389.33 98,760.00 6.25% L Rated Earellent Every Year Since 2007 DA MR RATED COMMUNICATIONS EXCELLENCE Page 5 of 18 Clewing through Penang LLC, a allay owned satsidiary of The Bank el New York Mellon Ceeporaban (IINY &SW) Nosaitat I, LC. meting rieee.PkiKepM_00046473 DB-SDNY-0009297 EFTA_00 157082 EFTA01289445 Portfolio Holdings (continued) U.S. DOLLARS (continued) Cate Acquired Quality Una Cost FIXED I NCOM E (continued) Corporate Bonds (continued) LLOYDS BANKING GROUP PLC FM RATE RESET ADDL TIER 1SECS ISM VS539439442 7.500% 04/27188 B/E0TD 0410711166 P Rating BB- 04/10114 . '"2 1,903,000.000 102.3910 CITIGROUP INC FXD RT SR NT PERP DEP RB;PT 5.950% 08/1/88 WE DM 0814/1 CALLABLE0816/20 (j 130.000M oody Rating BA2 56 P Rating 88• 08/06/15 3,000,000.000 100.0000 Tot al Corporate Bonds 23,972,000.000 TOTAL FIXED INCOME 23,972,000.000 Oat. Acquired EQUITIES Common Stocks ALIBABA GROUP HOG LTD SPONSORED RDR IS1Nt USO SUWON Dividend Option: Cash Adjusted Cod Bads Market Price Swirly Identifier: 539439AG4 1,948,500.00 96.4800 Original Cost Basis: 51948,500 00 Security Identdier: 4196/25 3,000,005.99 Original Cost Us $23,744,104.80 96.5000 S3.000,006.00 Noddy Unit Cod 523,744,104.80 Cod Bats Market Pik 06/10115 5,000.000 88.9500 AMAZON COM INC Dividend Option: Cash 03129118 500.000 1,423.8620 04/01/18 500.000 1.367.0210 Total Covered 1.000.000 Total 1.000 000 APOLLO GLOBAL MGM T LLCCL A StiS Dividend Opl ion: Cash 263.67.00 of these shares are in your margin account 03/29/11 ' •° 263,157.000 19.0000 711,930.80 683,510.38 1,395,441.18 Security Identifier MBA CUSP:8609W 92 444,749.00 137.0700 Security Identifier:MADI CUSP. 02313566 1,501.9700 1,501.9700 51,395,441.18 Security Identifier: APO CUSH? 03762306 4,999,983.00 24.5400 CONFIDENTIAL — PURSUANT TO FED. R CRINI. P. 6(e) Market Value Unrealized Gain Lon Accrued Estimated Whaled intetest Annual Income Yield 1.836.014 40 .112A85 60 1.585.83 147.715.00 7.77% 2,895,000.00 -105,005.99 67,433.33 178,500.00 6.t6% $22,093,565.40 41,650,539.40 $428,061.41 $1,571,098.68 $22,093,565.40 41,650,539.40 $428,061.41 $1,571,098.68 Market Value Unrealized Geldloss Estimated Estknated Annual Income Yield 685,350.00 240,601 00 750,985.00 39,054 20 750,985.00 67.474.61 1,501,970.00 106,528.82 $1,501,970.00 $106,528.82 50 00 6,451,872.18 1,457,889.78 507.893.01 7 86% Account Nunn CONFIDO. L Page 6 of 18 Rated Eacelitnt Clewing near Feebly IX nib* evened Every Year Since 2007 eatable., of The Malmo** Veda Mellon DALIAR RATIO COMMUNICATIONS Cerporatton (My Mellon) VICtll Pe„ tins LIC.,nn'tat FINRAAVVELGM-00046474 DS-SDNY-0009298 EFTA_00157083 EFTA01289446 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) U.S. DOLLARS (continued) Clete Acquired Quantity Link Cost Cod Bois Merkel Prise Minket Value Unhanded Gainfloss Estimated al im aled Annual Income Yield EQUITIES (continued) Common Stocks (continued) APPLE INC COM Dividend Oplion: Cash 12107117 214,000.000 06120118 50,000.000 186.7940 10/15/18 40.000.000 219.0180 Total Covered 304,000 000 Total 304.000 MI MOGEN IDEC INC COM Dividend Option: Cash 02/14/12 " 2,095.000 110.2720 CENTENE CORP DEL COM Dividend Oplion: Cash 09108114 15,550.000 KARYOPHAR14 THERAPEUTICS INCCOM Dividend Oplion: Cash 07112118 25.000.000 63.6450 18.6840 23.5350 Security Identilid:AAPL CUSIP. 03783300 36.340.223.40 157.7400 9,339,697.00 157.7400 8,780,702.00 157.7400 54140.622.40 554.440.622.40 Seedily Meat Wier: BOB CUSP. 09062XV3 231,019.65 300.9200 Security Identifier CNC CUSIP:111581)1 989,679.75 115.3000 Security Identifier: KPTI CUSP. 48576U16 467,106.00 9.3700 33,756,360.08 7,886,999.80 6,309,600.12 47,952.960.00 $47.952.960.00 630,427.40 1 792 915 00 234.250 00 -2,583,863.32 -1,452,697.20 -2,451,101.88 -6,487,662.40 -56 487 662 40 399,407.75 803.235 25 -232.856 00 624,880.00 146.000.00 116,800.00 887 680 00 5887 680.00 185% 185% 185% Total Common Stocks Preferred Stocks (Listed by expiration date) GMAC CAP TR IMO TR PFD SECS SER2 CPI). 8.25% FRED DRYLY MATY42/15/2040 CALL ANYTIM E.25 W/30 DAYS BEGINS02/1/1 Dividend Option: Cosh 02/22/12 *-11 80,000.000 $62,968,600.98 Security Identifies: ALLY PRA CUSP. 36160208 1,882,773.60 25.3500 $59,255,745.18 2.028,00100 -$3,712,855.80 145,226.40 $1,395,573.01 183,568.48 806% Total Preferred Stocks $1,882,773.60 $2,026,000.00 $145,228.40 $163,568.48 TOTAL EQUITIES $64,851,374.58 Cod Bads $61,283,745.18 Mired Value 43,567,629.40 Unmated OSHA. Awued Interest $1,559,141.49 Wooded Arnaud Income TOTAL U.S. DOLLARS December 1,201S - December 31.2018 SOUTHERN FINANCIAL LLC 196199.411 89 CONFIDENTIAL - PURSUANT TO FED. R CRINI, P. 6(e) Account ?Ante; $91,481,243.09 EC a CONFIDO. 45,218,18810 $428,081.41 $3,202,482.83 Page 7 of 18 L Rated ticollent trey Yew Since 2007 DALIAR WED COMMUNICATIONS exassetla Clewing through Pagan IIC a aloe/ evened sobsidiari of The lank a New Yak Mellon Carpotatkon MAW Per Ihnx 11.C. morto ii SRVVELoftoontsais DS-SDNY-0009299 EFTA_00 I 57084 EFTA01289447 Portfolio Holdings (continued) EURO Macho Overlay C9441019 Baas Coda Selena Currency Acaued 30-04 Income Yield CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance 14.80 0.00 EUR 0.00 USD TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 14.80 0.00 SIR 0.00 USD 0 00 0 00 Descsalloa Nuttily Merkel Pilot Make Value Canna Acaued Waal Estimated Eslimaled Annul Income Yield FIXED INCOME (In Maturity Date Sequence) Corporate Bonds CASINO,GUICHARD-PERRACHON 7.500.000 000 101.4840 2,537,100.00 EUR 44,371.85 110,115.00 424% SA ISM FR00030%80 2,899,905.30 USD 50)11.02 125,930.03 4.407%08106/V REG 0130810312 Moody Rating BASS PRoting BB Security Identifier. F1413LCN4 Total Corporate Bonds: 2,500,000.000 2,537,100.00 SIR 44,371.85 110,175.00 2,899,905.30 USD 50,717.02 125,930.03 TOTAL FIXED INCOME 2,500,000.000 2,537,100.00 SIR 44,371.85 110,175.00 2,699,905.30 USD 50,717.02 125,930.03 Acaved Eillaeled Market Value Canna lateral Maul Income TOTAL EURO HONGKONG DOLLAR Description Garay 2,537,100.00 EUR 2,899,905.30 USD 44,371.85 110,175.00 50,717.02 125,930.03 OPerdla Gala Armed 30-Day Dance Bina Currency Income Yield CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance 183,242.25 183,24225 RIM 23,405.17 USD TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 183,242.25 183,242.25 HIM 23,405.17 USD Markel Vela Currency TOTAL HONG KONG DOLLAR CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) 183,242.25 HIM 23,405.17 USD Account ?Arnim CONFIDO. 0.00 000 Accrued Infant 0.00 0.00 Page 8 of 18 Rated (0141ent Clewing through Pealing 11C. a wlay evened (very Year Since 2007 Maid's." of The Mak el Nevi Yak Mellon DALBAR RATED COMMUNICATIONS CarporatIon(ONY WNW (XCIlltria ri Pe Prix 11.C. m0-00 inatA.StRtliaseit00046476 DS-SONY-0009300 EFTA_00157085 EFTA01289448 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) JA PA N ESE Y EN Desuiptbn CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance December 1,2018 - December 31.2045 SOUTHERN FINANCIAL LLC Quantity Opening Cooing Balance Bales Connor 49.00 49.00 JPY .0.45 USD 49.00 49.00 JPY 0.00 4.45 USD 0.00 Accrued Nike Value Connor inters Accrued Income TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 30 Day Yield TOTAL JAPA NESE YEN TOTAL PORTFOLIO HOLDINGS - U.S. DOLLARS 49.00 JPY 0.00 -0.45 USD 0.00 Unrealized Accrued Estimated Coat Bads NNW Value GaiterLoss Inlets Annual Income $98,699.411.89 194.404.553 11 45218.168.80 $478.778.43 13 328.412 86 • Noncovered under the cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended by the Emergency Economic Stabilization Ad of 2008, and are marked as "noncovered". Securities marked as "covered*, were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 1399-8 for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost basis will not be reported to the IRS. Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed , there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of this security hes been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information. tz Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. t3 The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Account Number CONFIDO. at. L Page 9 of 18 Rated Eaceilent trent Yes, Since 2007 DAUIAR RATED COMMUNICATIONS ()tall INC I Cleating through Fenian LLC fl ied evened sateldiery a Me in a new Yak Mellen Cerpodatto (My Man) Pen I. me n nxt-latt FiNtAAKaem_00046471 DB-SONY-0009301 EFTA_00157086 EFTA01289449 Holdings Summary by Currency Cunenty Cue Fixed Income Equities Told by Currency U.S. DOLLARS 8,103,932 22,093,56S 81,283,745 91,481,243 USD EURO 0 2,537,100 0 2,537,100 EUR HONG KONG DOLLAR 183,242 0 0 183,242 MD &VARESE YEN -49 0 0 -49 JPY Total USD Equivalent 8,127.337 24,993,470 61,283,745 94,404,553 USD % of Allocation 9% 28% 85% 100% Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ from the actual sale price. Securities for which a price is not available are marked "N/ A" and are omitted from the Total. THEAS OF PRICEDATEONLY APPEARS WHEN THEPRICEDATEDOESNOT EQUAL THESTATEM ENT DATE Estimated Annual Figures The estimated annual income (EA I) and estimated annual yield (FAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.com/ disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Sank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Account ?gumbo 3ectilla CONFID L Page 10 of 18 Rated hothent Erect Year Since 2007 DMIAR MTV) COMMUNICATIONS (XCILIOICI Clearing lasotor Iambi% IIC nub* evened istaldlary of The lanic Wier Yak Mellon Carporat$ an My Man) Per Ihnx 11.C. mtett• FthvAARWTrikom_000its.sTa DE1-SDNY-0009302 EFTA_OO 157O87 EFTA01289450 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings Disclosures (continued) December 1,2018 - December 31, 2076 SOUTHERN FINANCIAL LLC Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard & Poor's is not responsible for any errors or omissions. regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities, and do not address suitability for investment purpose. Credit ratings should not be relied upon as investment advice. Schedule of Realized Gains and Losses Current Period Date Date Realized Desaiption Disposed Acquired Designation Disposition Method) TIMItildi011 Quantity Proceeds Cod Baas Gaia; Lon Short Term EURO CURRENCY 12/20/18 12119118 NOncOveted. First In First Out! SELL 796,815.200 913,947.03 910,042.64 3,904.39 Security Identifier. EUR999995 U8I SOFT ENTERTAINM E 12/19/18 03121118 Covered First In First Out! Sal 5,600.000 455,058.33 489,130.40 44,072.07 0000051470 SA MONTREUIL ACT 12119/18 03127118 Covered First In First Out! S9.1 5,600.000 455,058.32 485,068.46 40,010.14 Security Identifier. F9396Nt6 Total 11200.000 910,116.65 974,198.86 .61,082.21 GENERAL ELECTRIC CO 12/19/18 02123118 Covered First In First Out! SELL 2,500.000 18,889.63 40,551 71 -21,662.08 Security Identifier 3696041)3 12/19/18 02126118 Covered First In First Out! SELL 2.500.000 18.889.63 40,551.71 -21,662.08 12119/18 03105/18 Covered First In First Out! Sal 800.000 6,044.68 12.980.63 -6,935.95 12119/18 03107118 Covered First In First Out! Sal 5,000.000 37.779.26 81,097.41 43.318.15 12/19/18 03112/10 Covered First In First Out! SELL 2,500.000 18,889.63 10,551.71 -21.662.08 12/19118 03116118 Covered First In First Out! 11.700.000 88,403.45 189,759.90 -101,356.15 Total 25,000.000 188,896.28 405,493.07 -216,596.79 NINTENDO LTD ADR 12/19/18 02105118 Covered First In First Out! SELL 10,000.000 333,989.65 517,906.00 -183,916.35 Security Identifier 654445303 Total Short Term 2,316,949.61 2,807,640.57 -460,690.96 Account Nombre CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO Page 1' of 18 L Rated [smitten (my Yew Since 2007 OMAR ItATED COMMUNICATIONS EXCO.LINCI Clewing through PenhirglIC. a Say owned istaidiary a The IMMONew Yak Mellon Cap:taboo (OM Wilco) Pell. 'mg 11.C.mer-bn Ithtto..W 1h39m—Ouv4647v DB-SDNY-0009303 EFTA_00157088 EFTA01289451 Schedule of Realized Gains and Losses Current Period (continued) (We Description Disposed Total Short and Long Term Dale Aoadted Designation Disposition Method I Ttanadion Quantity Realized Proceeds Coil Bads Gain;lots 2,346,949.61 2,807,640.57 460,690.96 • Noncovered under the cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-US. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1886, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as "noncovered". Securities marked asIIcovered', were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost basis will not be reported to the IRS. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1399-B or online displays you may have available to you. When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO). Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRSForm 1099-B. Messages Please note the following information for Pershing's 2018 IRS Form 1099 (B, DIV. INT, M ISC and DID): Your Form 1099 will be delivered as early as possible, beginning January 31, 2019. By February 15, you will be mailed either your Form 1099 or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if we have not received and processed final information from issuers and trustees of securities that you hold by the as of date of the February 15 1099 mailing. You will also be sent the notice if your information is still being reviewed and finalized. The notice will inform you of the securities that are pending final reporting and provides the anticipated mail date of your 1099. Your 1399 will be mailed no later than M arch 15.2019. Although a money market mutual fund seeks to preserve the value of your investment at 51 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 b-10 ( b)(1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Account Number: CONFIDOP Rated [strata? (my Year Since 2007 DALIAR RATED COMMUNICATIONS ()tall INC I Page 12 of 18 Clearing Omer Pad.S I1C naoly wend sotaldlary of The Malt *Ma Yak Melon Carporat$ an (My WWI Pen hnx U.C.erter-bn FtWRA.SCV/ELGM_000464430 DB-SDNY-0009304 EFD1/4_00157089 EFTA01289452 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Activity Summary (All amounts shown are in base currency) December 1,2018 - December 31.2018 SOUTHERN FINANCIAL LLC MEM Crags Mrs Period Debits ThisPerlo4 Net ThisPotio4 GenitsTom4o.Date orbasuar4o-Deto Not Yet4o-Date Securities Securities Bought 0.00 0.00 0.00 0.00 48,533,305.28 48,533,305.28 Securities Sold 2,346,949 61 0.00 2,346,949 81 45,312,884.71 0.00 45,312,884.71 Total Securities $2.346,949.61 $0.00 $2,346,949.61 $45,312,884.71 448,533,305.28 43,220,420.57 Dividends and Interest $124.445.80 $0.00 $124,445.80 $2,849,647.58 $0.00 $2,849,647.58 Distributions $0.00 $0.00 $0.00 $4,238,988.10 $0.00 $4,238,988.10 Fees $0.00 4228.11 4228.11 $0.00 41.408.11 41,406.11 Taxes Withheld $0.00 4286.03 4286.03 $0.00 47.286 40 47,286.40 Other $0.00 $0.00 $0.00 $0.00 477.65 477.65 Cash Withdraw* 0.00 0.00 0.00 0.00 -4,077,618.24 4,077,618.24 Deposits 0.00 0.00 0.00 8,270,842.15 0.00 8,270,842.15 Total Cash $0.00 $0.00 $0.00 $8,210,842.15 44,077,618.24 $4,193,223.91 Totals $2,471,395.41 4514.14 $2,470,881.27 $60,672,362.52 452,619,893.68 $8,052,668.84 Transactions by Type of Activity Process Trade Sett knot Transaction Data Data Mirky Typo DosalptIon Cluatily Rka Ateruod MKS Amount QtrIoncy Securities Bought and Sold 12/21/18 12119/18 SOW UBI SOFT ENTERTARIN ENT ISINt FRO000054470 SA -11,200.000 71.1900 796,880.00 EUR UBI:FR 12121118 12119118 SOLD MONTREUIL ACT ALLOCATED ORDER YOUR BROKER ACTED AS AGENT ASOF 2/1/2013 GENERAL ELECTRIC CO C011 UNSOLICITED ORDER AVERAGE .25,000.000 7.5961 910,116.65 USD 188,896.28 USD GE 12121118 12119118 SOLO UNIT PRICE TRANSACTION YOUR BROKERACTED ASAGENT NINTDIOO LTD ADR UNSOLICITED ORDER -10,000.000 33.4400 333,989.65 USD 117001 12/24/18 12120/18 CORRECTED SELL EURO -796,815.200 1.1470 913,947.03 USD Total Securities Bought and Sold EURO 0.00 796,880.00 EUR CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) Account Humber CONFIDO. L Page 13 of 18 Rated hotlient Claim liner Paws IIC outlay evened (my Year Since 2007 Malaita of Tat Malta New Yak Meta DALBAR RATED COMMUttiCATIONS Carporatlen(ONY Patilen) LaCial Ma Pelham11C rnentat Faitatigni teM- 000 46481 DES-SDNY-0009305 EFTA_00157090 EFTA01289453 Transactions by Type of Activity (continued) Roast; Trade; Settlement Transaction Date Date Acliyky Type Description Quantity Price Acaued Interest Amount Catena Total Securities Bought and Sold (continued) TOTAL USD EQUIVALENT 0.00 910.116 65 USD U S. DOLLARS 0.00 1,436,832 96 USD Dividends and Interest 12/03/18 FOREIGN BOND INTEREST 100000 DEUTSCHE BK AG N Y BRH VAR ISINO US255268/189 24.37510 USD 251526BN8 4.875% 12/0132 B/E DID 12/0/17CLB RD 1130 PO 2/011 12117/18 CASH DIVIDEND RECEIVED 2469000 GENERAL RFC CO GTD FXD-TO.RTGRT 49,380.00 USD 3696048114 NOWCUM ULATIVE PERPETUAL PREFERRED 4100%2/03/65 REG DTD 17JOYS CLEI RD 1130 PC 2/1118 12/18118 FOREIGN SECURITY DIVIDEND 1000 MRS NINTENDO LTD ADR RD 09/28 PO 2/13111 1,867 64 USD RE-COVED NTDOY 12/27/18 FOREIGN BOND INTEREST 103000 LLOYDS BANKING GROUP PLC FXD RATE RESET ADDL 35181 25 USD 539439AG4 TIER 1SECS ISINS US539439AG42 7.500% 04/27/88 BIE DTD 04/0701 CL8 RD 2/12PD 2/27/1 12/31/18 MONEY MARKET FUND CASH AC TR OW SGOVT 13,141.91 USD INCOME RECEIVED PER232045 Total Dividends and Interest - U.S. DOLLARS 0.00 124.445.80 Fees 12/03/18 FOREIGN CUSTODY FEE Fgn Safekeeping NOV 201 CUSP. F9396N-1.5 •2.00 USD USD999997 12/03/18 FOREIGN CUSTODY FEE Fgn Safekeeping NOV 201CUSII). F14 INAN-4 -2.00 USD USD999997 12/18/18 FEE ON FOREIGN DIVIDEND 1000 SHRS NINTENDO LTO ADR RD 09/28 PO WV% -224.11 USD WITHHELD AT THE SOURCE NTDOY Total Fees - U.S. DOLLARS 0.00 -228.11 Taxes Withheld 12/18118 FOREIGN TAX WITHHELD AT 1000 SHRS NINTENDO LTO ADR RD 09/28 PO 12/1311 -286.03 USD THE SOURCE NTDOY Total Taxes Withheld - U.S. DOLLARS 0.00 -286.03 Told Araual altered Total Amount Transtalonsaimmary Told Awnd IMered Total Amount Quincy USD EguNalent USDEcurivaltot EURO 0.00 796.88010 EUR 0.00 91011665 U.S. DOLLARS 0.00 1,560.764 62 USD 0.00 1.560.764 62 The price and quantity displayed may have been rounded. Page '4 of 3 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) Account ecocN CONFID Rated ticellent fray Year Since 2007 OMARRATED COMMUNICATIONS EXCLUINCI Clewing through Ptilillfe LLC. a mite/ owned sotaldiary of The Bank at New Yea Mellon CarporatIon OM Mellon) Pechnx LICertet-txt 1 itato..%41141.00 - 00046482 DB-SDNY-0009306 EFTA_00 15709 I EFTA01289454 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Cash Not Yet Received December 1,2018 - December 31,2018 SOUTHERN FINANCIAL LLC Security Record Date Payable Dale Quality Field Ible Dividend Option Amount of Payment Dividends GENERAL ELECTFJC COCON 12120118 01125119 25,000.000 0.010000 Cash 250.00 Interest BELA INTER LW/ DIEU RN INC GTO 12131/18 01115119 3.000.000.000 0.050000 Cash 150,000.00 FIRST PRIORITY SR Total Cash Not Yet Received 5159250.00 Assets shown here are not reflected in your account. This information has been received from sources we believe to be reliable. Pershing does not guarantee the accuracy of the information. Fixed IncomeAnalysis Bond Quality Bond Quality Market Value A 1,577,691.00 BAA 6,408,000.00 BAi Lower 16,230,239.70 Not Rated 777,540.00 Total 24,993,470.70 % ol Road MNUt Value 6% 26% 65% 3% 100% 0 Percent of Fixed ncome 20 40 60 80 10 Bond Maturity Schedule Bond Maturity %of Bond Market Vdve Market Value .1to 6 months 972,500.00 1% IE 7 to t2 months 2,809,905.30 12% IN 1to 5 years 2,865,000.00 11% 06 to 10 years 2,661,820.00 11% • Over 10 years 15,394,245.40 62% Total 24,993,470.70 100% Percentages of bond market values are rounded to the nearest whole percentage. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. Client Service Information Your Investment Spedake MARTIN ZEM AN 345 PARK AVENUE NEW YORK NY 10 154 Contact Information Telephone Number: (212) 250-0432 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Account Number_ CONFID Page 15 of 18 Rated timeliest trey Year Since 2007 PAIAAR RAM COMMUNICATIONS uaurvicr Clewing liner Mein LLC nob* evened Mold/arra nit end a New Vat Meta Per, (MY Mellon) Per Pinx 11.C. mentxt ca) DB-SDNY-0009307 EFTA_00157092 EFTA01289455 Your Account I nformati n TAX LOT DEFAULT DISPOSITION METHOD Default Method for M utual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION SECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRONIC 0 EU VERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. Important Information and Disclosures The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing acts as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and, in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice, if any, to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection, Pershing provides coverage in excess of SIPC limits. For more detailed information please visit:www.pershing.com/ about/ strength-and-stability. • This statement will be deemed conclusive. You ere advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be • t page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted. Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding; a party's ability to have a court reverse or modify an arbitration award Is very limited. • The ability of the parties to obtain documents, witness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reason(s) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the Page 16 of 18 CONFIDENTIAL — PURSUANT TO FED. R CRINI P. 6(e) Account Number: Stetm CO Mene NFIDO' L-- Rated Eacellent trey Yew Since 2007 OMAR ItaTtO COMMUNICATIONS UMIAK E Clearing through Peaky LLC *lady evened sabtidiery of Me Melt a New Yen Meta Cerporatton (MY Mellon) Pero me attettar FtiteleStRVELGM_000464434 DB-SDNY-0009308 EFTA_00157093 EFTA01289456 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Important Information and Disclosures (continued) December 1,2018 - December 31,2013 BOUTHERN FINANCIAL LLC Important Arbitration Disclosures (continued) panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases:a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or (III) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC. Legal Department. One Pershing Plaza. Jersey City. New Jersey 07399; Account Norte Stcosnos CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFID L Page ' 7 of '',E; Rated ['milk..? (lane through Pinking LC. a %Nei owned hem Year Since 2007 sokslifiara al The Banked New York Mellon DALIAR RATED C0MMUNKATI0NS Carporabon(ONY Mace) ,..... _ [10:82.O4a kskkitlt.C.nterrtet F ikItA.Vel€111aWn_00046485 DB-SDNY-00093O9 EFTA_00 I 57094 EFTA01289457 TERMS AND CONDITIONS TRANSACTIONS • ALL ORDERS AND TRANSACTIONS SHALL BE SOLELY FOR YOUR ACCOUNT AND RISK SHALL BE SUBJECT TO THE CONSTITUTION. RULES. REGULATIONS, CUSTOMS. USAGES. RULINGS AND INTERPRETATIONS OF THE EXCHANGE OR MARKET AND THE CLEARING FACILITY. IF ANY. WHERE THE TRANSACTIONS ARE EXECUTED ANDIOR SETTLED. OR IF APPLICABLE. OF THE FINANCIAL INDUSTRY REGULATORY AUTHORITY ANO TO ALL APPLICABLE LAWS AND REGULATIONS. • TITLE TO SECURITIES SOLO TO YOU. WHERE PERSHING HAS ACTED AS PRINCIPAL SHALL REMAIN WITH PERSHING UNTIL THE ENTIRE PURCHASE PRICE IS RECEIVED OR UNTIL THE SETTLEMENT DATE. WHICHEVER IS LATER. • YOU MAY HAVE RECEIVED CONFIRMATIONS FOR TRANSACTIONS WHICH DO NOT APPEAR ON YOUR STATEMENT. IF SO, THE TRANSACTIONS WILL APPEAR ON YOUR NEXT PERIODIC STATEMENT. SUCH TRANSACTIONS MUST BE CONSIDERED BY YOU WHEN COMPUTING THE VALUE OF YOUR ACCOUNT. THIS IS ESPECIALLY TRUE IF YOU HAVE WRITTEN OPTIONS WHICH HAVE BEEN EXERCISED. FREE CREDIT BALANCES: ANY FREE CREDIT BALANCE CARRIED FOR YOUR ACCOUNT REPRESENTS FUNDS PAYABLE UPON DEMAND WHICH. ALTHOUGH PROPERLY ACCOUNTED FOR ON PERSHING'S BOOKS OF RECORD. ARE NOT SEGREGATED AND MAY BE USED IN THE CONDUCT OF ITS BUSINESS. DEBT BALANCES: INTEREST CHARGED ON DEBIT BALANCES IN YOUR ACCOUNT APPEARS ON THE STATEMENT. THE RATE OF INTEREST AND PERIOD COVERED ARE INDICATED. THE RATE MAY CHANGE FROM TIME TO TIME DUE TO FLUCTUATIONS IN MONEY RATES OR OTHER REASONS. INTEREST IS COMPUTED AS DESCRIBED IN MATERIAL PREVIOUSLY FURNISHED TO YOU. PLEASE CONTACT YOUR FINANCIAL INSTITUTION F YOU DESIRE ADDITIONAL COPIES. MARGIN INFORMATION: IF YOU MAINTAIN A MARGIN ACCOUNT. THIS IS A CORENED STATEMENT OF YOUR GENERAL ACCOUNT MID A SPECIAL MEMORANDUM ACCOUNT MAINTAINED FOR YOU UNDER REGULATION T OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. THE PERMANENT RECORD OF THE SEPARATE ACCTM INT AS REQUIRED BY REGULATION T IS AVALABLE FOR YOUR INSPECTION UPON REQUEST. TAX INFORMATION • AFTER YEAR END. PERSHING IS REQUIRED TO PROVIDE TAX INFORMATION TO THE INTERNAL REVENUE SERVICE AND OTHER GOVERNMENTAL AUTHORITIES. AT THAT TIME PERSHING WILL PROVIDE THAT INFORMATION ON THE ANNUAL TAX INFORMATION STATEMENT TO YOU; USE THAT STATEMENT TO PREPARE YOUR TAX FLINGS. THE TAX STATEMENT ALSO INCLUDES OTHER USEFUL INFORMATION TO ASSIST IN ACCUMULATING THE DATA TO PREPARE YOUR TAX RETURNS. • DIVIDENDS. INTEREST AND OTHER DISTRIBUTIONS SHOWN ON THIS STATEMENT WERE CLASSIFIED AS TAXABLE OR NONTAXABLE BASED ON CERTAIN INFORMATION KNOWN AS OF THE DISTRIBUTION DATE. THIS n ASSFICATION IS SUBJECT TO CHANGE AND IS SOLELY INTENDED FOR USE AS GENERAL INFORMATION. • PERSHING DOES NOT PROVIDE TAX. INVESTMENT OR LEGAL ADVISORY SERVICES AND NO ONE ASSOCIATED WITH PERSHING IS AUTHORIZED TO RENDER SUCH ADVICE. DO NOT RELY UPON ANY SUCH ADVICE. IF GIVEN. INVESTORS ARE ENCOURAGED TO CONSULT THEIR TM ADVISORS TO DETERMINE THE APPROPRIATE TAX TREATMENT OF THEIR BUSINESS. GENERAL INFORMATION • WHENEVER YOU ARE NDEBTED TO PERSHING LLC (*PERSHING, FOR ANY AMOUNT, ALL SECURITES HELD BY IT FOR YOU IN ANY ACCOUNT IN WHICH YOU HAVE ANY INTEREST SHALL SECURE ALL YOUR LIABILITIES TO PERSHING. AND PERSHNG MAY IN ITS DISCRETION AT ANY TIME. WITHOUT TENDER. DEMAND OR NOTICE TO YOU. CLOSE OR REDUCE ANY OR ALL OF YOUR ACCOUNTS BY PUBLIC OR PRIVATE SALE OR PURCHASE OR BOTH OF ALL OR ANY SECURITIES CARRIED IN SUCH ACCOUNTS: ANY BALANCE REMAINING DUE PERSHNG TO BE PROMPTLY PAID BY YOU. • WHENEVER YOU ARE NDEBTW TO PERSHING FOR ANY AMOUNT, ALL SECURITIES CARRIED FOR YOUR ACCOUNT ARE OR MAY 8E. WITHOUT FURTHER NOTICE TO YOU. LOANED OR PLEDGED BY PERSHING. EITHER SEPARATELY OR UNDER CIRCUMSTANCES WHICH WILL PERMIT THE COMMINGLING THEREOF. WITH OTHER SECURITIES FOR ANY AMOUNT LESS THAN, EQUAL TO OR GREATER THAN YOUR LIABLMES TO PERSH ING. BUT NOT UNDER CIRCUMSTANCES FOR AN AMOUNT PROHIBITED BY LAW. • PERSHING MAY TRADE FOR ITS OWN ACCOUNT AS A MARKET MAKER, SPECIALIST, ODD LOT DEALER. BLOCK POSITIONER. ARBITRAGEUR OR INVESTOR. CONSEQUENTLY. AT THE TIME OF ANY TRANSACTION YOU MAY MAKE. PERSHING MAY HAVE A POSITION IN SUCH SECURITIES. WHICH POSITION MAY BE PARTIALLY OR COMPLETELY HEDGED. • IF AVERAGE PRICE TRANSACTION IS INDICATED ON THE FRONT OF THIS STATEMENT YOUR FINANCIAL INSTITUTION OR PERSHING MAY HAVE ACTED AS PRINCIPAL. AGENT OR BOTH. DETALS AVAILABLE UPON REQUEST • A FINANCIAL STATEMENT OF PERSHING IS AVAILABLE FOR YOUR PERSONAL INSPECTION AT PERSHING'S OFFICES. A COPY OF [TWILL BE MAILED UPON YOUR WRITTEN REQUEST OR YOU CAN VIEW IT ONLINE AT WWW.PERSHING COM. • FOR BUSINESS CONTINUITY AND ADDITIONAL DISCLOSURES: WWVV.PERSHING.COM/DISCLOSURES • THIS STATEMENT SHOULD BE RETANED FOR YOUR RECORDS. PAYMENT FOR ORDER FLOW AND ORDER ROUTING POLICIES DISCLOSURES [REGULATION NMS - RULE 607(AX1)-(2)] PERSHING SENDS CERTAIN EQUITY ORDERS TO EXCHANGES, ELECTRONIC COMMUNICATION NETWORKS. OR BROKER-DEALERS DURING NORMAL BUSINESS HOURS AND DURING EXTENDED TRADING SESSIONS. CERTAIN OF THESE VENUES PROVIDE PAYMENTS TO PERSHING OR CHARGE ACCESS FEES TO PERSHING DEPENDING UPON THE CHARACTERISTICS OF THE ORDER AND ANY SUBSEQUENT EXECUTION. THE DETAILS OF THESE PAYMENTS AND FEES ARE AVAILABLE UPON WRITTEN REQUEST. PERSHING RECEIVES PAYMENTS FOR DIRECTING LISTED OPTIONS ORDER FLOW TO CERTAIN OPTION EXCHANGES. IN ADDITION. PERSHING ROUTES CERTAIN EQUITY MID OPTION ORDERS TO ITS AFFILIATE. BNY MELLON CAPITAL MARKETS. LLC. FOR EXECUTION AS PRINCIPAL COMPENSATION IS GENERALLY IN THE FORM OF A PER OPTION CONTRACT CASH PAYMENT. BEST EXECUTION: NOTWITHSTANDING THE PREVIOUS PARAGRAPH REGARDING PAYMENT FOR ORDER FLOW. PERSHING SELECTS CERTAIN MARKET CENTERS TO PROVIDE EXECUTION OF OVER-THE- COUNTER AND EXCHANGE-LISTED SECUMTES TRANSACTIONS WHICH AGREE TO ACCEPT ORDERS. TRANSMITTED ELECTRONICALLY UP TO A SPECFIED SIZE. AND TO EXECUTE THEM AT OR BETTER THAN THE NATIONAL BEST BID OR OFFER (NERO). ON CERTAIN LARGER ORDERS, OR F THE DESIGNATED MARKET CENTERS DO NOT MAKE A MARKET W THE SUBJECT SECURITY. PERSHING DIRECTLY CONTACTS MARKET CENTERS TO OBTAIN AN EXECUTION. THE DESIGNATED MARKET CENTERS TO WHICH ORDERS ARE AUTOMATICALLY ROUTED ARE SELECTED BASED ON THE CONSISTENT HIGH QUALITY OF THEIR EXECUTIONS IN ONE OR MORE MARKET SEGMENTS AND THEIR ABILITY TO PROVIDE OPPORTUNITIES FOR EXECUTIONS AT PRICES SUPERIOR TO THE N880. PERSH:NG ALSO REGULARLY REVIEWS REPORTS FOR QUAUTY OF EXECUTION PURPOSES. F ANY OF THE MOVE TERMS MID ODNDITIONSARE URACCEPTAME TO YOU, TEASE NOTIFY PUMPING IMMEDIATELY IN WRITING BY WOWED MAIL TOONE PERSHING PLAZA JERMYCITY, Ni 07399, ATM: LEGAL DEPT CONFIDENTIAL - PURSUANT TO FED. R CRAM. P. 6(e) Account Number: CON FIDO. L Page of 18 Rated hottlent Claim. through Falb% LLC a Moly @mad Emmy Year Since 2C07 sabaldiacy al The Bask ether Yak Megan DAUIAR RATED COMMUNICATIONS CarpotatIon (MY MOW EXCELLENCE Per ihnx 11.C. mertan ruarAVViteceM-000 46486 DB-SDNY-0009310 EFIA_00157095 EFTA01289458 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 SOUTHERN FINANCIAL LLC 6 100 RED HOOK QUARTER B3 ST THOM ASVI 00 802 Orututiv Sant Prisatr Melt. h•laletmeil IA mien <Genie elee: O•vtiche Mm 1.:Avdiri Ns. Ycel Ceke 30 P3n Ammo. 360 now toes Yvl. rit Tont.. Evert November 1.2018 - November 30,201B Account Number: Portfolio at a Glance Baghdad Yates-Die Your Investment Specialist BEGIN NI NGACCOUNT VALUE MARTIN ZEMAN Net Cash Deposits and Withdrawals $115,924,557.54 0.00 $97,272,547.37 4,193,223.91 Adjusted Previous Account Value 115,924,557.54 101,465,771.28 Dividends. Interest and Other Income 424,089.47 3,233,094.77 Total Taxes Withheld 0.00 -7,000.37 Other Transactions 4.00 -1,255.85 Net Change in Portfolio' -13,527,843.34 -1869,830.38 ENDINGACCOUNT VALUE 9102,820,779.87 $102,820,7790 Maud Interest 5402.048 74 Estimated Annual Income 53,193.699 16 Net Change in Portfolio is the difference between the ending account value and beginning account value after activity. Asset Summary Percent Asset Type Nor Year-Eed Lad Period ThIsPerled 6% Cash. Money Funds, and Bank Deposits 823,820.98 3069,680.52 6,568,510.08 E. 25% Fixed Income 28,083,479.22 26,473,097.33 25,363,588.19 • 69% Equities 60,899,388.97 83,265,684.75 70,890,681.40 0% Mutual Funds 3,020,938.22 3,116,094.91 0.00 0% Exchange-Traded Products 8,444,920.00 0.00 0.00 100% Account Total (Pie Chart) $97,272,547.37 6115.924.557.54 $102,820,779.67 Please review your allocation periodically with your Investment Specialist. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) conN F I D Page 1 of 18 Rated h(tHent Every Year Since 2007 DAtRARMITO COMMUNCATIONS EXCIattla Clain Omagh Pegg% IIC outlay evened sotaldlary a The Bank a New Yak Meta Caeporatfanaltly AMMO) Peri. Ira titian-ter FRIIIAAV Y2;04_000464437 DS-SDNY-0009311 EFTA_OO157O96 EFTA01289459 Summary of Gains and Losses This Period &WS Year-to-Dote Uartellad Short-Term Gain! Loss .2,139.48 1,557,505.33 -712,788.99 Long-Term Gain/ Loss 44,194.07 2,471,580.94 3,735,194.55 Net Gain! Loss 46,333.53 4,029,085.27 3,022,405.56 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the' ECB' ) and other credit institutions introduced negative interest tales' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 1399 and/ or 104 2 S. These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances. Exchange Rate Table G ooa Casn Currency Closing Amount in Quincy USD Bmivalent per USD Currency Balance Bass Censor uSD EURO 1.1321 0.8833 EURO 44.80 -73.36 HONG KONG DOLLAR 0.1277 7.8255 HONG KONG DOLLAR 183,242.25 23,415.98 „RPANESE YEN 0.0088 113.5300 AWARE% YEN 49.00 -0.43 &change rates are based on interbank exchange rates as of 11, 301 2013. &change rates can vary. Total Gabel Cash Balance $23,342.19 Money Market Fund Detail Date Activity Type Desalrilan Amount Bring Sweep Money Market Fund CASH AC TR DWSGOVT & AG INSTL Current Yield: 2.2% Activity Ending: 1V 30/ 34 11/01/18 Opening Balance 2,969,154 25 2,989,154.25 11101118 Deposit MONEY FUND PURCHASE 77,225.00 3,046,379.25 11102118 Withdrawal MONEY FUND REDEM PTION 4.00 3,046,375.25 11/1 fut 8 Deposit MONEY FUND PURCHASE 221,920.00 3,288,295.25 11119118 Deposit MONEY FUND PURCHASE 41,393.60 3,309,688.85 11127/18 Deposit MONEY FUND PURCHASE 21,480.00 3,331,188.85 11729118 Deposit MONEY FUND PURCHASE 3,072,723.17 6,403,892.02 11130/18 Deposit MONEY FUND PURCHASE 12,340.94 6,416,232.96 11130/18 Deposit INCOMERBNVEST 5,882.71 6 422 115.67 11130118 Closing Balance 66,422,115.67 Total All Money Market Funds 66,422,115.67 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Account Hurnbe 2:c:; CONFIDO. r:noti L Page 2 of 18 Raid hortlent brew Yes, Since 2007 DALIAR RATIO COMMUNCATCNS EXCILLINCI Clare...through kohl% LC. a vilay evened se:oldie,' a The Mak a New Yak Meta Carponban(IINY Mellon) Per Oita LI.C.menter FINIIAAR4VOM_00046488 DEMSDNY-0009312 EFTA_00157097 EFTA01289460 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Income and Expense Summary November 1, 2018 - November 30,2018 SOUTHERN FINANCIAL= Unable Careat Period Non Taxable Tattle Yes-to-Diu Non Taxable Dividend Income Equities 221,920.00 0.00 790,786.93 0.00 Money Market 5,882.71 0.00 59,100.75 0.00 Other Dividends 12,340.94 0.00 904,810.91 0.00 Interest Income Bond Interest 21,480.00 0.00 813,069.41 0.00 Other Interest 41,393.60 0.00 157,433.76 0.00 Expenses W ithholding Taxes 0.00 0.00 .7,000.37 0.00 Fees( Foreign Securities) 0.00 0.00 .900.00 0.00 Total Dividends, Interest, Income end Expenses $303,017.25 $0.00 $2,717,301.39 $0.00 Distributions Alternative Investments 0.00 121,052.22 0.00 507,893.01 Other Distributions 0.00 0.00 •77.65 31,095.09 Total Distributions $0.00 $121,052.22 477.65 $538,988.10 Portfolio Holdings U.S. DOLLARS Account Opening Die Curdy Number Activity Fading Opening Bayne Doing Name Awned Income biome Thb Year 30 Day Yield Current Yield CASH, MONEY FUNDS, AND BANK DEPOSITS Cash Balance Margin Balance Money Market CASH AC TR OWSGOVT 8 AGINSTL 11/01/18 8,422,115170 N/A 11/30/18 77,225.00 0.00 2,989,154.25 0.00 121,052.22 6,422,115.67 754.89 59,10015 2.11% 212% Total Money Market $2,969,154.25 $6,422,115.67 $754.89 $59,100.75 TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS $3,046,379.25 $6,543,167.89 $754.89 $59,100.75 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Account HuntliAM CONFIDO. L Rabid Gcellent (rem Year Since 20O7 DALBAR RATED COMMUNICATIONS ()tallINCE Page 3 of 18 CkYrnR LM0„RI, PrIShifit titaakei OWNS WfriKIWIT of The OanktAtiew Yalt Mellon corporation ma Mtllon) Peohnx mn•On rnnto IIMAARCOVELGM_00046489 DB-SDNY-0009313 EFTA_00157098 EFTA01289461 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Quantity Unit Cost FIXED INCOME (In Maturity Date Sequence) Corporate Bonds CITIZENS COM M UNICATIONS CO SR NT FULLY EXCHANGED FROM 174538AX9 7.45%031'619 B/E DID 03/23/07M oody Rating CAA1S8 P Rating CCC+ 10/03/17 1.000.000.000 100.0210 EXELA INTER LLC / DELA RN INC GM FIRST PRIORITY SR SECD NT 144A 13.000% 0716123K OM 07/2/17 CleMoody Rating 83 58 P Rating B 10/24117 2e00,000.000 97.0250 07/09/18 1,000,000.000 102.6980 Total Covered 3,000,000 000 Total 3e00.000.000 JISINVTS GM BH GTD SR NT REG S !SINS USA29866M353 7250%04103/24 NE DTD 04/01(146 8 P Rating BB• 10/31/17 2,000,000.000 99.0650 DEUTSCHE BANK AG NTS ISINS US25625AM33 I 296% 05124/28 EVE DTD 05124/13 FORBGN SECURITY ST CPN DTE 1/24113M oody Rating Ba2 $ 8 P Rating BB, 06/01/18 1,000,000.000 91.7780 DEUTSCHE BK AG N Y BRH VAR ISINS US25•626BN89 4.875% 410132 B/E DM 2/0117 CALLABLE 12/0127 06/01/18 1.000.000.000 86.8260 Adjusted Cost Baas Market Price Market Value Unrealized Oainlloss Awued Estimated Elko/tied Interest Annul Income Yield Security '<Neither: 4453BAW1 1.000.214.48 99.8750 Original Cost Basis: $1001006.00 Security Id entitle!. 30 E2RAA9 1,940,506.00 101.0000 Original Cost Basis: $1948,506.00 1,026,982.47 101.0000 Original Cost Basis:61028156.00 2.967.488.47 62.967.468.47 Security Identifier: A29866AB6 1.981.300.00 100.3600 Original Cost Basis: $1981.30000 Security Identifier 25526AM 3 917.776.00 84.7770 Original Cost Basis: 5917.776 00 Security Identifier: 256268N8 868.256.00 77.4060 Original Cost Basis: $868256.00 998.750.00 2,020,000.01 1.009.999.99 3,030,000.00 $3.030.000.00 2,007,200.00 841,170.00 774.060.00 .1.484.48 14.843.75 71,250.00 7.13% 79,494 01 75,000.00 200,000.00 9.90% .16,982.48 37,500.00 100,000.00 9.90% 62,511.53 112,500.00 300,000 00 $62,511.53 $112,500.00 $300.000.00 25,900.00 22.958.33 145,000.00 722% 40,006.00 716.00 42,960.00 6.06% -94,196.00 24239.58 48.750 00 629% Account Numbe storr reeve CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO L Page 4 of '8 Rated Excellten Clewing tivough Penave LC. a *eat owned Every Year Since 207 subsidiary of The Bank Nee. York Mellon MBAR RATIO COMMUNICATIONS Caeporattan (IINY Melba) ,..... _ UMIAK( _00046490 etnnitualC.neenee Fir.RA.YR111,11.4" DB-SDNY-0009314 EFTA_00 I 57099 EFTA01289462 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) U.S. DOLLARS (continued) November 1,2013 - November 30,2015 SOUTHERN FINANCIAL LLC OuleAcquited OustIty UM Cosi FIXED INCOM E (continued) Corporate Bonds (continued) ASSURANT INC FM TO RIG SUB NT 7.000% 03127/46 WE DM 03/2711 CALLARE03/27128 Q t0000Moody Paling BA1 03/29118 2,000,000800 101.9860 AAORGAN CHASE& CO DEP SHSREPSTG PATH PFD SERIFIXED TO RIG RT BD 5108% 04123/58 WEDTD 04123/081doody Rating Baa3S& P Rating B88- 06/15/11 1,10 0,000.000 107.2590 06/15/11 .."2 2,500,000.000 106.7770 Total Noncovered 3,600.000 000 Total 3,600,000.000 SOUTHERN CAUF EDISON CO PREF SER E 6250% 0117/62 EWE DID 0104 CALLABLE 0710122Q 100000M oody Rating BAA1S& P Ration BBB- 01/30/12'•a•4 3,000,000.000 99.9040 GENERAL ELEC CO GTD FXD-TO-FLTGRT NON-CUMULATIVE PERPETUAL PREFERRED 4.000% 12/03/65 PEG OTD11/03/ 1 oody Rating A3 S& P Rating BBB. 12/03/15 2,469,000.000 88.0930 Adjusted Cod Otis Market Price Security Identifier 04620K4 2,039,725.86 96.5000 Original Cost Basis: 52,040,006.00 Security 'daddies: 46625HHA1 1,179,849.24 100.3750 Original Cost Basis: 5112,50000 2,669,420.32 100.3750 Original Cost Basis: 52,675,000.00 3,849,269.56 $3,649,269.56 Seoul), Identifier: 842400 FU2 2,997,123.83 96.7500 Original Cost Basis: $2,992564.97 Security Identifier: 3696048414 2.175.016.17 66.5000 Original Cost Basis. $2.175.01.17 Myatt Value 1,930,000.00 1,104125.02 2,509,374.98 3.613,500 00 $3.513.500.00 2,902,500.00 1,641,885.00 Jai ealized Gair Loss Accrued Estimated Eiimaled Interest Annual Income Yield ,109,725.86 24,500.00 140.000.00 7 25% -75,724.22 5,502.30 63,897.68 5.78% -160,045.34 12,505.23 145,222.00 5.78% .235 769 56 18.007 53 209.11968 4235,769.56 $18 007 53 6209 119 68 84,623.83 61,979.17 187,500.00 6.45% 433,131.17 45.265.00 98.760.00 601% CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Account Number EONFIDO. L Rated ticellent trey Yew Since 2007 DALIAR MTV, COMMUNCATI0NS LXCILIANCI Page 5 of 18 Cleanng through fleabag 11Cawboly evened sabsidiary of TM Bank el New YM Mellon CarpoestIon (MY Mao) Perfhnx 11.C.nwetan inuiteAtikelt00046491 DS-SDNY-0009315 EFTA_00 157 WO EFTA01289463 Portfolio Holdings (continued) U.S. DOLLARS (continued) Ode Acquired Ousetfty Unil Cost FIXED INCOME (continued) Corporate Bonds (continued) LLOYDS BANKING GROUP PLC FXD RATE RESET ADDL TIER 1SECS ISINB VS5394394612 7.500% 04/21/68 8/E OTD 011071%58 P Rating 84 04110114 .."2 1,903,000.000 102.3910 CITIGROUPIK FXD RT SR NT PERP DEP RECPT 5.950% 08/4/88 WE OTC 0819/5 CALLAKE08115/20 110.000Moody Rating BA2 SS P Rating 889 08/06/15 3,000,000.000 100.0000 Total Corporate Bonds 23,972,000 000 TOTAL FIXED INCOME 23,972,000 000 Dale Acquired EQUITIES Common Stocks ALIBABA GROUP HOG LTD SPONSORED AOR IS1Nt US0409W1327 Dividend Option: Cash 06/10115 AMAZON COM INC Dividend Option: Cash 03/29/18 04/02/18 Total Covered Total Oinntky Unk Cod Adjusted Cod Bads Market Price Securely Identifier: 539439AG4 1,948,500.00 94.7280 Original Cost Basis: $1948,500.00 Security Identifier:1296725 3,000,005.99 100.5000 Original Cost Basis: $3000,006.00 $23,744,676.36 $23,744,676.36 Cod Bats Market Price Market Value 1,802,673.84 Unrealized Gainless Accrued alleaded Wrested Interest Annul Income Yield •145,826.16 24,976.88 142.725.00 7 11% 3,015,000.00 14,994.01 52,082.50 178,500.00 592% $22,563,338.84 51,181,337.52 4102,048.74 $1 464,564 68 $22,563,338.84 41,181,337.52 $402,048.74 81,564,584 68 Market Value Unrealted Cale/Les Estimated Estimated Annual Income Yield 5,000.000 88.9500 500.000 1,423.8620 500.000 1.367.0210 1.000.000 1.000 000 711,930.80 683,510.38 1,395,441.18 APOU.0 GLOBAL MGM T LLCCL A SliS Dividend Option: Cash 263.67.00 of these shales are in your margin account 03/29/11 '.5 263,157.000 19.0000 81,395,441 18 Seanity Identifier: BABA CUSP: 0409W 62 444,749.00 160.8600 Security Identifier: AUDI CUSP. 023135116 1,690.1700 1,690.1700 804,300.00 845,085.00 845,085.00 1,690,170.00 359,551.00 133,154.20 161.574.62 294.72812 Security Identifier APO CUSP:03762306 4,999,983.00 28.1900 CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) 81,690,170.00 7,418,395.83 $294,728 82 2,418,412.83 Account tribe CONFID $00D 507,893.01 6.84% Page 6 of 18 Rated ticellent bey Yew Since 2007 OMAR IMO COMMUNICATIONS uctunta Clewing through halting IIC nob./ evened sobsidiary of The Bonk el New Vat Mellon CarporatIon OPNY MOW Pero inx 11.C. menbt. 1 tuRAAV YeLOPLOOD46492 DS-SDNY-0009316 EFTA_00157101 EFTA01289464 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Quantity EQUITIES {continued) Common Stocks (continued) APPLE INC COM Dividend Oplion: Cash Unit Cost Cod Baas Market Ftice Market Value Air/aided Gain toss Estimated Eslimaled Annual Income Yield Security Ideating: AAPL GAR 037833130 12107117 214,000.000 169.8140 36,340,223.40 178.5800 38,216,120.09 1.875.896.69 624,880.00 163% 06/20/18 50.000.000 186.7940 9.339.697.00 178.5800 8.928.999.77 .410.697.23 146.000.00 1.63% 10/15/18 40100.000 219.0180 8,760,702.00 178.5800 7,143,200.14 -1.617,501.86 116,800.00 1.63% Total Covered 304,000 000 54.440.622.40 54,288.320 00 -152,302.40 887,680 OD Total 304.000.000 554.440.622.40 $54.288,320.00 4152.302.40 5887.680.00 BIOGEN @EC INC COM Scanty Identifier. RIB Dividend Oplion: Cash CUSIR 09052XV3 02/14/12 2,095.000 110.2720 231,019.65 333.7200 699.143.40 468,123.75 CINTENE CORP DEL COM Security Identifier CNC Dividend Oplion: Cash CUSP '545191 09108/14 15.550.000 63.6450 989.679.75 142.2500 2.211187 50 1,222,307.75 GENERAL ELECTRK CO COM Senility Identifier. GE Dividend Oplion: Cash CUSIP. 369604133 25.000.00 of these shares are in your margin account 02123/18 2.500.000 16.2210 40,551.71 7.5000 18.750.00 -21,801.71 1,200.00 6.40% 02/26118 2,500.000 16.2210 40,551.71 7.5000 18.750.00 -21,801.71 1,200.00 6.40% 03105/18 800.000 16.2260 12.980.63 7.5000 6.000.00 4,980.63 384.00 6.40% 03/07/18 5,000.000 16.2190 81,097.41 7.5000 37,500.00 -43,597.41 2.400.00 6.40% 03/12/18 2.500.000 16.2210 40.551.71 7.5000 18.750.00 -21.801.71 1.200.00 6.40% 03/16/18 11300.000 16.2190 189.759.90 7.5000 87.750 00 -102,009.90 5116.00 6.40% Total Covered 25,000.000 405.493.07 187,500.00 -217,993.07 12,000.00 Total 25,000.000 $405,493.07 3187.500.00 4217.993.07 $12,000.00 KARYOPHARI4 THERAPEUTICS INC COM Security Idenlifier. KPTI Dividend Oplion: Cash CUSIR 48576U136 07/12/18 25,000.000 18.6840 467.106.00 10.4000 260.000.00 407,106.00 November 1, 2018 - November 30, 2018 SOUTHERN RNA NCIAL LLC Page 7 of 'd Account Number: etc:Innis CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDO. Rated ticellent trey Year Since 2007 OMAR PAITO COMMUNICATIONS EXCLUINCI Clewing through Pecan U.C. • May OWIIS istaldiary of The Mak a Mew VGA Mellon Cap:taboo (OM Mao) Pen. 'mg ertn—bn it aii..g%qua.GM-00046493 DB-SDNY-0009317 EFTA_00157102 EFTA01289465 Portfolio Holdings (continued) U.S. DOLLARS (continued) Clete Acquaint, Quantity Unit Cod Cod Buis Naar Price Market Win Unualland PIMA* Estimated Maul Income Edlmaled Yield EQUITIES (continued) Common Stocks (continued) NINTENDO LTD ADR Dividend Opl ion: Cash Security Identifier: NTDOY CUSP:654445303 02105118 10,000.000 51.7910 517,906.00 37.8700 378,700.00 -139,206.00 5,027 26 1 32% Total Common Stocks $63,892,000.05 $67,938,516.73 $4,046,518.66 $1,412,600.27 Preferred Stocks (Listed by expiration date) GM AC CAP TR I OW TR PFD SF-SKR2M. Security Identifier ALLY PRA 815% FRB) ORTLY M ATY-021612040 CALL CUSIP 36160208 ANYTIME 025 WI30 DAYS BESNSO VS/ Dividend Option: Cash 02,22112 ..11 80,000.000 23.5350 1,882,773.60 25.5000 2,040,000.00 157,226.40 157,433.76 7.71% Total Preferred Stocks $1,882,713.60 $2,040,000.00 $151,228.40 $157,433.76 TOTAL EQUITIES $65,774,773.65 $89,976,516.73 $4,203,743.98 $1,570,034.03 Celt Batts Martel Vdue Untealgen Gains Lon Accrued Interest Estimated Annual Income TOTAL U.S. DOLLARS EURO Description $96,062,617.90 Qoarety $99,085,023.46 OWEN Baca Going 8atanca Curing $3,022,405.56 $402,048.74 $3.193.699.46 Accrued Income 30 toy Yield CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance 44.80 44.80 EUR -73.36 USD 44.80 EUR -73.36 USD TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS Denham FIXED INCOME (In Maturity Date Sequence) Corporate Bonds CASINO, GUICNARO•PERRACIION SA ISNIFRO011301180 0.000% 08106/1 REG DID 08/0312 Moody Rating Ba1S S Pitting 88 Seaway Identifier: NODS Total Corporate Bonds: 44.80 Oeenfity dirket Price Market Value Connor 0.00 0.00 Awned Interest &Sled Yield 2.500,000 000 98.9400 2,500,000.000 2,413,500.00 EUR 2,800,249.35 UM 2,473,500.00 EUR 2,600,249.35 USD CONFIDENTIAL - PURSUANT TO FED. R CRIN1 P. 6(e) Account Number: CONFIDO. 0.00 000 Rated t•rtlkan Even/ Year Since 2O07 DALBAR RATED COMMUNICATIONS DIMLING( 0.00 000 Page 8 of 18 Clewing through Peaking Lit. • a " owned sataldiary of Me Usk el New 'fed Melba CoixwatIon (IINY Mao) PerOing 11.C.mertere ONRAVVVELGM_00046494 DS-SDNY-0009318 EFTA_00157103 EFTA01289466 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) EURO (continued) DnaMom Clianfily Merkel Pelee Accrued Eslirnaled Markel Value Currency Inlets Yield FIXED INCOME(continued) TOTAL FIXED INCOME Deecriplion 2,500,000.000 Penally Merkel Price 2,473,500.00 EUR 0.00 2,800,249.35 USD 0.00 Estimated Market Value Currency Yield EQUITIES Common Stocks UBI SOFT ENTERTAINMENT 11,100.000 71.9400 805118.00 EUR ISMS FR0000054470 SAM ONTREUIL ACT 911,164.87 USD Secutity Id Wilier: UBI.FR CUSP. F9396N136 Total Common Stocks 805,728.00 EUR 912,184.67 USD TOTAL EQUITIES 805,728.00 EUR 912.164 67 USD November 1, 2018 - November 30,2018 ITI4rPld Fltdd ?drift I I I r Market Value Currency Moved lateral TOTAL EURO HONGKONG DOLLAR prrglion 094114 Oeanlity Balsa 3,279,163.20 EUR 3,712,340.66 USD amino Diana Cunrenq 0.00 0.00 Awned 30 toy Income Yield CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance 183,242.25 183,24225 HKD 23,415.98 USD TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS 183,242.25 183,242.25 HKD 23,415.98 USD Market Value Currency 0.00 0.00 Acaued liters TOTAL HONG KONG DOLLAR 183,242.25 HKD 0.00 23,415.98 USD 0.00 CONFIDENTIAL — PURSUANT TO FED. R CRlM P. 6(e) Account Humber st,„itint. CONFIDO. L Page 9 of 18 Rated Excellent Every Yew Since 2007 MBAR RAM COMMUtliCAT *HS LXCILIANC Claims through Penbleg EEC eulogy evened stessIdlory a The Melt a New Yoh Mellen Ceeponelan Sly Mellon) Per meet/ FINRAAR4VELGOL00046495 DEL-SDNY-0009319 EFTA_00157104 EFTA01289467 Portfolio Holdings (continued) JA PA N ESE EN Description Quantity CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance Cpening Dosing Accrued 30-Day Balance Balance Currency IDCOMO Yield 49.00 49.00 JPY 4.43 USD 49.00 49.00 JPY 0.00 .0.43 USD 0.00 Awned Market Value Cilrtenty Muni TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS TOTAL JAPANESEYEN -49.00 JPY 0.00 -0.43 USD 0.00 Unrealized Accrued EsteeMed Cot Bade Market Value Gainless littoral Annual Income TOTAL PORTFOLIO HOLDINGS - U.S. DOLLARS 596,062,617.90 5102,820,779.67 $3,022,405.56 $402,048.74 53,193,699.46 Noncovered under the cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-US. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as 'noncovered". Securities marked as "covered', were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 1399-8 for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost basis will not be reported to the IRS. Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of this security has been provided fo us by you or your introducing firm and Pershing makes no representation as fo the accuracy of this information. 12 Pershing has received updated cost basis information, therefore cost basis provided on previous client brokerage statements may differ from the new cost basis reported in this section. The cost basis of this security has been provided fo us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. Holdings Summary by Currency currency Cash Fixed Income Equities Tots by Wow U.S. DOLLARS 6,543,167 22,563,336 69,976,516 99,085,023 USD EURO -64 2,473,500 605,728 3,279,163 EUR CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Accrue Number: CONFIDO' sccirtncs Raid Eityllent (very Yet Since 2007 DALIAR RATED COMMUNICATIONS LXCILLINCI Page 10 of 18 Clewing *roar Fenian ere nob*/ evened Malaita" a The ea* a New Yak Meta CarpoestIon (MY Mellon) Per 0. inx 11.C. mertat• 0NRAAVVELGM_00046496 DB-SDNY-0009320 EFTA_00157 105 EFTA01289468 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Holdings Summary by Currency (continued) November 1, 2018 - November 30, 2016 SOUTHERN FINANCIAL LLC Cadency Gleh Fixed Income Equities Told by Corrode HONG KONG DOLLAR 183,242 9 0 183,242 HKD JAPANESE YEN 49 0 0 49 JPY Total USD Equivalent 8,588,510 25,383,588 70.890,881 102.820,779 USD % of Allocation 6% 25% 69% 100% Portfolio Holdings I sci sues Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total. THEAS OF PRICE DATEONLY APPEARS W HEN THEPRICEDATEDOESNOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EA I) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.com/ disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Bank Deposit interest income, or dividends for other securities shown on your statement may have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions, Pershing ads as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges Incurred In connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S. dollars for dividends and similar CONFIDENTIAL — PURSUANT TO FED. R CRIld, P. 6(e) Account Numberli CONFIDOs at Et L Page 11 of 18 Rated Cateilent Every Yet Since 20O7 DAUIAR RATED COMMUNICATIONS LXCILL INCE Clewing *ear Pa I1C akoleevanad sobsidlaary a The Malt a Mew *at Meta Caeporat$ an (IlalY Man) PerIhnx 11.C.mtr-tan Nn) DB-SDNY-0009321 EFTA_00157106 EFTA01289469 Portfolio Holdings Disclosures (continued) Foreign Currency Transactions (continued) corporate action transactions unless you instruct your financial organization otherwise. 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Schedule of Realized Gains and Losses Current Period Date Dale Deseripagn Disposed Acquked Designation Short Term ,PYORGAN FLOATING RA 11/28118 11129117 Covered FUND CLASS I 11128/18 1212/117 Covered Scarily Identifier 4812t51) 11128/18 01130118 Covered 11128/18 02127118 Covered 11128118 03128118 Covered 11 128118 04127118 Covered 11/28118 05/30118 Covered 11128118 06/28118 Covered 11128118 07130118 Covered 11128118 08130118 Covered 11/28/18 09127118 Covered Total Disposition Method r Transaction first In First Out! Sal First In First Out! Sat Firs! in First Out! SELL first In First Out! Sag first In First Out! Sal First In First Out! sat first In First Out! Sal First In First Outl Sal first In First Out! sat first In First Out I saL First In First Out! Sal Total Short Term CONFIDENTIAL — PURSUANT TO FED. R CR16,1. P. 6(e) Account Numbe Quatity PfediedS Coat Dads Rated We/ Lots 1,094.002 10,075.76 10,250.80 -175.04 1,129.762 10,405.11 10,597.17 •192.06 1,130.453 10,411.47 10,682.78 -271.31 1,015.304 9,350.95 9,543.86 -192.91 1,262.339 11,626.14 11,865.99 -239.85 1,096.556 10,099.28 10,307.63 408.35 1,131.468 10,420.82 10,590.54 -169.72 993.268 9,148.00 9.277.12 -129.12 958.010 8,823.27 8,976.55 -153.28 1,171.538 10,789.06 10,977.31 -187.45 1,224.283 11,275.65 11,496.02 420.37 12,206.983 112,426.31 114,565.77 -2,139.46 112,128.31 111,585.77 -2,139.16 CONFIDO. L Rated Excellent Even, Yet Since 2007 DALBAR RATED COMMUNICATIONS EXCELLENCE Page 12 of 18 Cleating liner Pagel% I1C naoly evened sessidlary of The Milk a New v.a Mellon Carpotaban My Mellon) Pent alx RC. ma•On mitAARIntem_000tsass DIE1-SDNY-0009322 EFTA_00 57107 EFTA01289470 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period (continued) November 1,2018 - November 30, 2018 SOUTHERN FINANCIAL LLC Dale Date Realized Desaiption Disposed Acquired Designation Cisposition Method 113liadian OUMNIty Proceeds Cott Basis Galry Los Long Term IN ORGAN FLOATING RA 11128118 09128117 Covered First In First Out / SELL 318,809177 2,938,238.04 3,000,000.00 43,445.13 FUND CLASS I Adjustment: -34.83 Adjuslmeut Type:W Security Identifier 4821571 11128118 10130117 Covered First In First Out / SELL 1,028.103 9,468.83 9,895.01 -226.18 11128118 10130118 Covered First In First Out l Sal 1,584.146 14,589.99 15,112.75 -522.78 Your lot has been adjusted due to a wash sale for more thee one year Total 321,422.028 2,960,298 88 3,024,807.78 44,194.07 Total Long Term 2,980,298.86 3,024,807.76 44,194.07 Total Short and Long Term 3,072,723.17 3,139,373.53 -80,333.53 Dell Dots Realized Description Disposed Acquired Designation Disposition Method) Uansadion Quantity Proceeds Cod Beds GelsiLoss As of Trades -PM ORGAN CHASES CO 10130118 08/15111 Noncovered" Versus Purchase/ REDEMPTION 1,397,004000 1,397,000.00 1,498.47087 -101,470.87 PUG TETH PFD SER1 FIXED TO Original Cost Basis: 1501775.00 FLTGRT 80 5.808%04123158 8 10/31/18 08/15111 Noncovered" Versus Purchase! REDEMPTION 3,000.000 3,000.00 3,217.90 -217.90 Security Identifier:46625HHAl Original Cost Basis:3225.00 Noncovered under the cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of VW as amended by the Emergency Economic Stabilization Act of 20 0 8, and are marked as snoncovered". Securities marked as 'covered', were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 1099-8 for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10 9 98, the cost basis will not be reported to the IRS. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1)99-B or online displays you may have available to you. When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 1424. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Page 13 of 18 Account Number: itct 6 CONFIDMIAL4 Rated Eaceilent Prey Year Since 2007 MAAR ItaTtO COMMUNICATIONS !Manta Clearing Untie. Pealing114*a* evened sabsidlary a lite Beek a Neva 'feet Menem CarpotabanatlY Mellon) Per ihnx RCmt.-Pt/ FINRAVKaelt 00046499 DE!-SDNY-0009323 EFrA_00 157108 EFTA01289471 Schedule of Realized Gains and Losses Current Period (continued) Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed. there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds. bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. Wash Sales Loss- This adjustment is the amount fora disallowed wash sale lost Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out (FIFO). Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal. and this may be reported on the IRSForm 1099-B. M essages Please note the following information for Pershing's 20 18 IRS Form 1099 (B. DIV, INT. M ISC and OID): Your Form 1099 will be delivered as early as possible, beginning January 31, 20 19. By February 15. you will be mailed either your Form 1099 or a special Pending 1099 Notice. The Pending 1099 Notice will be sent if we have not received and processed final information from issuers and trustees of securities that you hold by the as of date of the February 15 1099 mailing. You will also be sent the notice if your information is still being reviewed and finalized. The notice w ill inform you of the securities that are pending final reporting and provides the anticipated mail date of your 1099. Your 1099 will be mailed no later than M arch 15, 2019 Although a money market mutual fund seeks to preserve the value of your investment at Sipes share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 6-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform Activity Summary A r s s , are , t3S9 (-but, c p,) Credits TNsPetiod Debks ThisPerlod Net ThisPetiod °edits Yen-to-Date Debt Year4o-Datt Net Yew-to-Date Securities Securities Bought 0.00 0.00 0.00 0.00 -48,533,305.28 -48533,305.28 Securities Sold 3.072.723.17 0.00 3.072.723.17 42.965.935.10 0.00 42.965.935.10 Total Securities $3,072,723.17 $0.00 $3,072,723.17 142,965,935.10 448,533,305.28 45,567,370.18 Dividends and Interest $303,017.25 $0.00 $303,017 25 $2,725,201.76 $0.00 $2,725,201.76 Distributions $121.052.22 $0 00 $121.052 22 14.238.988.10 $0.00 14.238.988.10 Fees $0.00 44.00 44.00 $0.00 41,178.00 41,178.00 Taxes Withheld $0.00 $0.00 $0.00 $0.00 47,000.37 47,000.37 Other $0.00 $0.00 $0.00 $0.00 477.65 477.65 Account Number_ CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFID Noncoms Rated ticellent bey Year Since 2007 DALUR WED COMMUNICATIONS EXCILLU4a Page '4 of '3 Clanng through Penang1SC. a woe/ owned setaldiary o17At Bank el New York Mellon Corporal:a any &Woo) PerslitteltC.inerrte Nt.Rn.$t 1I,aGM_00046500 DB-SDNY-0009324 EFTA_00157109 EFTA01289472 Deutsche Bank P.O Box 1 7 76, Baltimore, MD 21203 Activity Summary (continued) allIMPIP November 1, 2018 - November 30,2018 SOUTHERN FINANCIAL LLC Credits 7Ns Period Debits This Period Net Ibis Period CurditsYstr-to•Date Dans Year-to-Dete Net Yew-to-Die Cash w 'thane/oh 0.00 0.00 0.00 0.00 4,077,818.24 4,077,818.24 Deposits 0.00 0.00 0.00 8,270,842.15 0.00 8,270,842.15 Total Cash $0.00 $0.00 $0.00 58,270,842.15 44,077,818.24 $4,193,223.91 Totals $3,498,79264 44.00 $3,498,788.64 $58,200,987.11 452,619,179.54 55,581,787.57 Transactions by Type of Activity Prone* Trade Settlement Transaction Date Date Adivily Type Description Guards Price Accrued laved Heald Comm Securities Bought and Sold 11129/18 11/28118 SOLD Al ORGAN FLOATING RATE INCOM E FUND CLASS I -333.829.009 9.2100 3,072,723.17 USD ,PHSX UNSOLICITED ORDER Total Securities Bought and Sold - U.S. DOLLARS 0.00 3,072,723.17 Dividends and Interest 11115/18 CASH DIVIDEND RECEIVED 304000 SHRSAPPLEINC COM RD tY2 PO 111/1 221,920.00 USD AAPL 11118118 BOND INTEREST RECEIVE 80000 SHRSGM AC CAP TR I GT0 TR PFD SECSSER2 CPN- 41,393.60 USD ALLY PM 8125% FREO ORTLY MATY-02/5/2040 CALL ANYTIM E (125 W/30 DAYSBEGINS 02/6113 RD WM P0116/1 11126/18 FOREIGN BOND INTEREST 100000 DEUTSCHE BANKAG NTS ISINK US25625AM 33 21,480.00 USD 251525AM 3 4.296% 05124/28 WE DTD 05/24113UB RD 1/23 P0 1124/I 11/29/18 CASH DIVIDEND RECEIVED ..PHSX MORGAN FLOATING RATE INCOM E FUND CUSS I SIRS RD ri27PD1129/11 12,340.94 USD 11/30/18 MONEY MARKET FUND CASH AC TR DWSGOVT 5,882.71 USD INCOME RECEIVED PER232045 Total Dividends and Interest -U.S. DOLLARS 0.00 303,017.25 Distributions 11/30/18 PARTNERSHIP DISTRIBUTION 25367 SHRS APOLLO GLOBAL II GMT LLC CL A MS RD 1120 PD 121,052.22 USO APO 1/ 30/11 Total Distributions - U.S. DOLLARS 0.00 121,052.22 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) Account Number CONFIDOP SC0:1 Ctr4 CI Page 15 of 18 Rated Carrolient Clewing neer Persia; IIC .*Mly evamd Even Year Since 2007 ribald's." of me lank a New Yak Melee DALIAR RATED COMMUMCATIONS amporattoa any melon) LRCM Ma P 11.C.nerber revektiqViaGM-00046501 DB-SDNY-0009325 EFTA_00157110 EFTA01289473 Transactions by Type of Activity (continued) Process Dale Settlement Danced= Oate Date Adivgy Type Fees 11101118 11/01/18 Desaiptien FOREIGN CUSTODY FEE USD999997 FOREIGN CUSTODY FEE USD999997 Quantity Price Acaued Interest Amount Cumin, Fgn Safekeeping OCT 20S0/SIP. FR BLOM 4.00 USO Fgn Sit/diming OCT 20SCUSIP. F9396613.6 •2.00 USO Total Fees- U.S. DOUARS Total Value of Transactions The price and quantity displayed may have been rounded. Fixed Income Analysis Bond Quality Band Quality A 1,641,885.00 6% BAA 6,516,000.00 26% BA/ Lower 16,431,643.19 65% Not Rated 774.060.00 3% Total 25,363,588.19 100% 0 %of Bond Medd Value Market Value Percent of Fixed Income 20 40 60 80 100 0.00 -4.00 0.00 3,496.788 64 USO Bond Maturity Schedule Bond Maturity Model Wee %ol Bond Metal Value .1 to 6 months 998,750.00 4% IMI 7 to V months 2,800,249.3S 11% Mit° 5 years 3.030.000.00 12% 1. 1%1 6 to 10 years 2,854,970.00 11% IIMOver 10 years 15,679,618.84 62% Total 25,383,588.19 100% Percentages of bond market values are rounded to the nearest whole percentage. Bond quality ratings reflect M oody's or Standard and Poor's ratings. Bonds may be rated by other services. Bonds that are in default are not included. Please refer to your Portfolio Holdings section. 0 lent Service Information Your Investment Spedalnt ZEM MARTIN ZEMAN 345 PARK AVENUE NEW YORK NY 10154 Contact Information Telephone Number: CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Account NurThill C mom ONFIDO. L Rated Excellent (Very Year Since 2007 DALRAR RATED COMMUNCATIONS (1011.LINCE Page 16 of 18 Clain/glamor Penblag I1C fl atly evened sabsidlary et The leek el New Yak Mellen Ceeporatfanaltly Melon) P rag ItCrnee-bat FtheleStR4YERGM—OOO465O2 DB-SDNY-0009326 EFTA_00I57I I I EFTA01289474 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Your Account Information November 1, 2018 - November 30, 20 18 SOUTHERN FINANCIAL LLC TAX LOT DEFAULT DISPOSITION METHOD Default Method for Mutual Funds: First In First Out Default Method for Stocks in a Dividend Reinvestment Plan: First In First Out Default Method for all Other Securities: First In First Out BOND AMORTIZATION ELECTIONS Amortize premium on taxable bonds based on Constant Yield Method: Yes Accrual market discount method for all other bond types: Constant Yield Method Include market discount in income annually: No ELECTRONIC DELIVERY You have not selected any account communications for electronic delivery. To register and turn off paper communications, log in to your account or contact your Investment Specialist for more information. Important Inforrnat i n and Disclosures The Role of Pershing • Pershing carries your account as clearing broker pursuant to a clearing agreement with your financial institution. Pershing may accept from your financial institution without inquiry or investigation (i) orders for the purchase and sale of securities and other property and (ii) any other instructions concerning your account. Pershing is not responsible or liable for any acts or omissions of your financial institution or its employees and it does not supervise them. Pershing provides no investment advice nor does it assess the suitability of any transaction or order. Pershing ads as the agent of your financial institution and you agree that you will not hold Pershing or any person controlling or under common control with it liable for any investment losses incurred by you. • Pershing performs several key functions at the direction of your financial institutionit acts as custodian for funds and securities you may deposit with it directly or through your financial institution or that it receives as the result of securities transactions it processes. • Your financial institution is responsible for adherence to the securities laws, regulations and rules which apply to it regarding its own operations and the supervision of your account, its sales representatives and other personnel. Your financial institution is also responsible for approving the opening of accounts and obtaining account documents; the acceptance and. in certain instances, execution of securities orders; the assessment of the suitability of those transactions, w here applicable; the rendering of investment advice, if any, to you and in general, for the ongoing relationship that it has with you. • Inquiries concerning the positions and balances in your account may be directed to the Pershing Customer Service Department at . All other inquiries regarding your account or activity should be directed to your financial institution. Your financial organization's contact information can be found on the first page of this statement. • For a description of other functions performed by Pershing please consult the Disclosure Statement provided to you upon the opening of your account. This notice is not meant as a definitive enumeration of every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additional copies of the Disclosure Statement, please contact your financial institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPCO). Please note that SIPC does not protect against loss due to market fluctuation. In addition to SIPC protection. Pershing provides coverage in excess of SIPC limits. For more detailed information please visit: www.pershing.com/ about! strength-and-stability. • This statement will be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading) promptly, but no later than ten days after receipt of this statement, to your financial organization and Pershing. Please be advised that any oral communication should be re-confirmed in writing to further protect your rights, including your rights under the Securities Investor Protection Ad. • Your financial organization's contact information can bet n nh fir page of this statement. Pershing's contact information is as follows: Pershing LLC, Legal Department. One Pershing Plaza, Jersey City, New Jersey 07399; . Errors and Omissions excepted CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 17 of 18 Account tiornbet . CONFIDOP Rated Unlit.? tray Year Since 2007 DALIAR RATED COMMUNICATIONS unhurt(' Claris liner Penblin LLC a *bay evened sobsidlary a The kek a New Yak Mellon Carporaban (IINY Mellon) Pert Finx 11.C. Me ontAXAVYALGM—000465O3 DB-SONY-0009327 EFTA_00157112 EFTA01289475 Important Information and Disclosures (continued) Important Arbitration Disclosures • All parties to this agreement are giving up the right to sue each other in court, including the right to a trial by jury, except as provided by the rules of the arbitration forum in which a claim is filed. • Arbitration awards are generally final and binding:a party's ability to have a court reverse or modify an arbitration award is very limited. • The ability of the parties to obtain documents. w fitness statements and other discovery is generally more limited in arbitration than in court proceedings. • The arbitrators do not have to explain the reasons) for their award, unless, in an eligible case, a joint request for an explained decision has been submitted by all parties to the panel at least 20 days prior to the first scheduled hearing date. • The panel of arbitrators will typically include a minority of arbitrators who were or are affiliated with the securities industry. • The rules of some arbitration forums may impose time limits for bringing a claim in arbitration. In some cases. a claim that is ineligible for arbitration may be brought in court. • The rules of the arbitration forum in which the claim is filed, and any amendments thereto, shall be incorporated into this agreement. Important Arbitration Agreement Any controversy between you and Pershing LLC shall be submitted to arbitration before the Financial Industry Regulatory Authority. No person shall bring a putative or certified class action to arbitration, nor seek to enforce any predispute arbitration agreement against any person who has initiated in court a putative class action, who is a member of a putative class who has not opted out of the class with respect to any claims encompassed by the putative class action until; (I) the class certification is denied; (II) the class is decertified; or (Ill) the client is excluded from the class by the court. Such forbearance to enforce an agreement to arbitrate shall not constitute a waiver of any rights under this agreement except to the extent stated herein. The laws of the State of New York govern. Pershing's contact information is as follows: Pershing LLC, Legal Department, One Pershing Plaza, Jersey City, New Jersey 07399; Page 18 of '8 Account Num C Stun CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) ONFIDO. L- Rated Galls. bay Year Since1007 DALIARIATEDCOMMUNICA11016 LXCGAINCE Clewing liner ;kali% I1C nokily owned sat ddlirg of Tbe In a Ole • Vat Mellon Corporation OtIV IMMO PgrihircalCavente FiNlitn.g4q2PM_00046504 DB-SDNY-0009328 EFTA_00157113 EFTA01289476 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 SOUTHERN FINANCIAL LLC 610 0 RED HOOK QUARTER B3 ST THOM ASVI 00 802 Otu1utank Prival• Malth Markets 0355034* 6•554 05,515chr Sam Mrs York Me 3.45 Pot Aunts. 340 flow New hr IS opera! Rent October 1.2018 - October 31.2018 Account Number: Portfolio at a Glance This Puled Year-to-Dale Your Investment Specialist BEGINNINGACCOUNT VALUE 8115,706,684.21 897,272,547.37 MARTIN ZEMAN NM Cash Deposits and Withdrawals 5,073,049.51 4,193,223.91 Adjusted Previous Account Value 120,119,133.72 101,465,711.28 Dividends. Memo and Other Income 170,662.10 2,809,025.30 Total Taxes Withheld 0.00 -7,000.31 Other Transactions 4.00 4251.65 Net Change in Portfolio' -5,025,834.28 11,658,012.98 ENDINGACOOt 8115,924,557.54 $115,924,5Wil Accrued Interest 5296.510 68 Estimated Annual Income 53,301.746 38 Asset Summary INef Change in Portfolio is the difference between the ending account value and beginning account value after activity. Puma Areal Type Far Year-814 Lad Period TlasParlod 2% Cash, Money Funds, and Bank Deposits 823,820.96 5201,512.78 3,069,660.52 a 23% Fixed Income 26,083,479.22 28,396,374.45 28,473,097.33 72% Equities 60,899,388.97 78.987,575.27 83265.684.75 Es 3% Mutual Funds 3,020,938.22 3,121,221.71 3,118,094.94 0% Exchange-Traded Products 8,444,920.00 0.00 0.00 100% Account Total (Pie Chart) $97,272,547.37 $115,706,684.21 $115,924,557.54 Please review your allocation periodically with your Investment Specialist. Rated Umtata? bra Year Since 2007 DIttRAR MIRO COMMUNICATIONS EXCRLUNCI CONFIDENTIAL — PURSUANT TO FED. R CRINI. P. 6(e) Page 1 of 18 Oett.na Vacate Pershing I.LC.a *bay evened subadtaly of The Dank of Ws Yak Meta Corporation IIINY McRae) Per5Firt4 11C. mantel IINRASPAELGM _ 00046505 DI3-SDNY-0009329 EFTA_OO157114 EFTA01289477 Summary of Gains and Losses ThisPeriod Realized Year-to-Dote Unrealized Short-Term Gain! Loss 0.00 1559,644.79 11,787,374 22 Long-Term Gain! Loss -101.688.77 2.535.775.01 4.579.622 72 Net Gain! Loss -101.688.77 4.095.419.80 16,366.996 94 This summary excludes transactions where cost basis information is not available. For Your Information The European Central Bank (the' ECB" ) and other credit institutions introduced negative interest rates' . Negative interest expense may be charged to your account if you have a deposit of foreign currency. The interest will be reported on your Forms 10 99 and/ or 104 2 S These rates are subject to change in response to market changes, and we may, in the future and based on our normal interest rate setting arrangements, begin to charge negative interest rates on additional foreign currency balances. Exchange Rate Table Global Cash Olirency Currency USD Equivalent per U93 Queriq Closing Baste Amount in Base Currency U80 EURO 1.1329 0 8826 EURO -64.80 -73 41 HONG KONG DOLLAR 0.1275 78392 HONG KONG DOLLAR 183242 25 23,375.11 JAPANESE YEN 0.0088 112.8400 JAPANESE YEN 49.00 0.43 Exchange rates are based on interbank exchange rates as of V/ 3V 2018. Exchange rates can vary. Total Global Cash Balance $23.301.27 Money Market Fund Detail Date Activity Type Desaiption Amount Sweep Money Market Fund CASH AC TR DWSGOVT & AG INSTL Current Yield 2 08% Activity Ending: 10/ 31/ 18 09129118 Opening Balance 5,142,488 31 5.142.488.31 10101118 Deposit MONEY FUND PURCHASE 35,681 25 5,178,169.56 10/02/18 Withdrawal MONEY FUND REDEM PTION 4.00 5,178,165.56 10/03/18 Deposit MONEY FUND PURCHASE 73,049.51 5.251.215.07 10104118 Deposit MONEY FUND PURCHASE 72.500.00 5.323.715.07 19/17/18 Withdrawal M ON EY FUND REDEMPTION 4.760.702.00 1.563.013.07 10126/18 Deposit MONEY FUND PURCHASE 3,000.00 1.566.013.07 10/30118 Deposit MONEY FUND PURCHASE 1,397,000.00 2,963,013.07 10131118 Deposit INCOM EREINVEST 6,141.18 2.969.154.25 10/31/18 Closing Balance $2,969,154.25 Total All Money Market Funds 82,969,154.25 Page 2 of '5 Account Numb CON CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) FIDO Rated ticellent trey Year Since 2007 OMAR MITO COMMUNICATIONS EXCLIAINCI Clewing through Perrin tit, a vAtoly owned ssiskliary of The Bank a New Yorlg Mellon CarporatIon (MY Mellon) ca Peri hnx 11.C.met-tx. HMV.. tWRilha9m—Ouv46 '06 DB-SDNY-0009330 EFTA_00 157 115 EFTA01289478 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Income and Expense Summary October 1,2018 - October 31,2018 SOUTHERN FINANCIAL LLC Omenl Pried Triable Non Taxable Taal* Year-la-Dale Noll Taxable Dividend Income Equities 3,000.00 0.00 568,866.93 0.00 Money Market 6,141.18 0.00 53,218.04 0.00 Other Dividends 89,020.92 0.00 892,469.97 0.00 Interest Income Bond Interest 72,500.00 0.00 791,589.41 0.00 Other Interest 0.00 0.00 116,040.16 0.00 Expenses W ithholding Taxes 0.00 0.00 -7,000.37 0.00 Fees( Foreign Securities) 0.00 0.00 .000.00 0.00 Total Dividends, Interest, Income and Expenses $170,662.10 $0.00 $2,414,284.14 $0.00 Distributions Alternative Investments 0.00 0.00 0.00 386,840.79 Other Distributions 0.00 0.00 •77.65 31,095.09 Total Distributions $0.00 $0.00 477.65 $417,935.88 Portfolio Holdings U.S. DOLLARS Maw' Opening Dalt Cluaetky Number CASH, MONEY FUNDS, AND BANK DEPOSITS Cash Balance Money Market CAM AC TR DWSGOVT 6 AGINSTL 0912911$ 2,969,154.250 N/A 10/31/18 5,142,48831 2,969,154.25 0.00 53.218.04 2.03% 2.08% Total Money Market $5,142,486.31 $2,969,154.25 $0.00 $53,218.04 TOTALCASH, MONEY FUNDS, AND BANK DEPOSITS $5,178,169.56 $3,046,379.25 $0.00 $53,218.04 AdNity Opening Cuing Awued lame 30-Day Carat Fading Balsa edam Income Meyer Yield Yield 35,881.25 77225.00 CONFIDENTIAL — PURSUANT TO FED. R GRIM. P. 6(e) Account Hornbejl [not.? CONFID 2,c. • ALA Even Yew Sa2O07 DAL BAR RATED COMMUNKATIONS ‘ .1 EXCIt L MC( S. I sf41 t Page 3 of 18 Charing lasoor Pao Sc LLC • %Say .wood semidry of Ns look of New Yea Meta Carporation My Mellon) Per Pinx 11.C.nw-bn FoxIAOKOLGM-00046507 DEI- SDNY - 0009331 EFTA_00157116 EFTA01289479 Portfolio Holdings (continued) U.S. DOLLARS (continued) Dale Acquired Quantity Unit Cost FIXED INCOME (In Maturity Date Sequence) Corporate Bonds CITIZENS COM MUNICATIONS CO SR NT FULLY EXCHANGED FROM Q4538AX9 7.125% 03/ t/S B/E DID 03/23/07M oody Rating CAA1S8 P Rating CCC+ 10/03117 1.000.000.000 100.0270 EXELA INTER LIG/ DELA RN INC GTD FIRST PRIORITY SR SECD NT 144A 9.000% 0716/23B/E0TD 07/2/17 Cl.BMoody Rating 83 S 8 P Rating B 10/24117 2,000,000.000 971250 07/09118 1,000,000.000 102.7370 Total Covered 3,000,000 000 Total 3,000,000.000 .B.3 INYTS GM BH GTD SR NT REG S ISINS USA29866453 7250%04103/24 BIE DTD 04/03(1.15 6 P Rating BB. 10131/17 2,000,000.000 99.0650 DEUTSCHE BANK AG NTS ISMS US25625A1133 4 296% 05124/28 WE DID 05/24/13 FORBGN SECURITY 1ST CPR DTE1724/13Moody Rating Bat S 8 P Rating BB+ 06/01/18 1,000,000.000 91.7780 DEUTSCHE BK AG N Y BIM VAR INNS U625126B189 4.875% 121013281E DTD 2/0117 CALLABLE 2/0127 06/01/18 1.000.000.000 86.8260 Adjusted Cost Basis Market Rice Market Value Security Identifier: 17453BANN 1.000.273.87 100.2500 Original Cost Basis: $1001006.00 %rarity Identifier 30 E2RAA9 1,940,506.00 103.9700 Original Cost Basis:$1940,506 00 1,027,370.55 103.9700 Original Cost Basis:51028156.00 2.967.876.55 32.967.876.55 Security Identifier: A29866AB5 1.981.300.00 100.9500 Original Cost Basis: $1981.30000 Sp:Sy Identifier- 25'625AM 3 917.776.00 90.1120 Original Cost Bass: 399.776 00 Security Identifier: 25%268N8 868.25100 85.0090 Original Cost Bass: 5868,256.00 1.002.500.00 2,079.100 01 1.039.699.99 3,119,100.00 53,119.100 00 2,019,000.00 901,420.00 850.090.00 Unrealized GainIloss Awued Whaled Whaled interne Annul Income Yield 2.226.13 9.104.17 71,250.00 7.10% 138,894 01 58,888.89 200,000.00 9.61% 12,329.44 29,414.41 100,000.00 9.61% 151,223.45 88,333.33 300,000.00 3151,223.45 388,333.33 3300.000.00 37,700.00 10,875.00 145,000.00 7.18% .16,356.00 18,735.33 12,960.00 1.76% -18.166.00 20.312.50 48250.00 5 73% Account Number: CON CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) FIDO. L-- Rated ticedent Every Year Since 2007 OMAR Itnitll COMMUNICATIONS EXCILLINCI Page 4 of '8 Clewing Hooter Penanng LC. a Mho,/ owned Molding of The Bank *I New York Mellon CeepotatIon Mellon) Pen. ing (lil y .C lon IthRA.W4nrillteM-00046508 DB-SDNY-0009332 EFTA_00157 117 EFTA01289480 Deutsche Bank P.O. Box 1 7 76, Baltimore, MD 21203 Portfolio Holdings (continued) U.S. DOLLARS (continued) October 1, 2018 - October 31, 2018 SOUTHERN FIN A NCIAL LLC Date Acquired Carnality Unit Cost FIXED INCOME (continued) Corporate Bonds (continued) ASSURANT INC FXC TO RIG SUB NT 7.000% 03/27/48 WE DID 037271E CAL ABLE03/27128Q MD 000M oody Rating BA1 03/29/18 2,000,000.000 101.9880 Adjusted Cod Basis Market Price Market Value YMORGAN CHASE 8 CO DEP SHSREPSTG v TH PFC SER 'FIXED TO FLTG RT BD 5.808% 04/23158 DIE DTD 04123/08M cod y Rating BAA3 S & P Rating BBB- 06/15/11 .,337 1,100,000.000 107.2630 06/15/11..312 2.500.000.000 1061810 Total Noncovered 3,600,000 000 Total 3,600,000.000 SOUTHERN CALIF EDISON CO PREF SER E 6.250% 011/62 B/E DID 0111112 CALLABLE 0210122 Q DO 000Moody Rating BAA1S& P Retry BBB- 01730112 .'" 2 3.000.000.000 99.9020 GENERAL ELEC CO GTD FXD-TO-FITGRT NON-CUMULATIVE PERPETUAL PREFERRED 4.000% 12/03/65 REG OTO 4/03P6Moody Rating A3 S& P Rating BBB- 12/03/15 2.469.000.000 88.0930 Security Identifier. 04621XAK4 2.039.762.02 100.0000 Original Cost Basis: S2040,005.00 Security Identifier. 46625HHA1 1,179,898.32 100.5360 Original Cost Basis: 5112.500.00 2,669,523.70 100.5360 Original Cost Basis: 62,675,000.00 3,849,422.02 $3,849,422.02 Securely ldent Wier: 842400 FU2 2,997,055.62 103.0000 Original Cost Basis: $2.992.564.97 Security Identifier 369604BIA4 2,175,016.17 84.3750 Original Cost Basis: $2,15.01.2 2.000.000.00 1,105.896 02 2,513,39918 3,619,296.00 93,619,296.00 3,090,000.00 2,083,218.75 Jimealized Geir Lon Aimed Interest Esi rale7 Estir sled Annual Income Yield 49.762.02 13.222.22 140,000.00 7.00% -74,002.30 177.49 63.897.68 5.77% -156.123.72 403.40 145,222.00 5.77% -230,126.02 580.89 209,119.68 4230.126.02 $580.89 3209.119.68 92,944.38 46,875.00 187,500.00 6.06% -91,797.42 37,309.33 98.760 00 4 74% CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Account Nun CONFID Rated Gallen' bay Yew Since 2007 DALIAR PAM COMMUNICATIONS UMIAK( Page 5 of '8 Clad% Winer Foible; lit. a **at owned satosIdlity of The lank a New York Mellon Corp./melon OM Melon) Porlitint UK. inenew FihRA. fl•l&h3.440— 00046509 DB-SDNY-0009333 EFTA_00 I57 I EFTA01289481 Portfolio Holdings (continued) U.S. DOLLARS (continued) Oats Mond Ountay Una Cost FIXED INCOM E (continued) Corporate Bonds (continued) LLOYDS BANKING GROUP PLC MID RATE RESET ADDL TIER 1SECS ISMS US539439AGI2 7.500% 04/27/86 B/E OTD 04107/MS& P Rating BR- 04/10/14 ' •aV 1,903,000.000 102.3910 CITIGROUP INC FXD RT SR NT PERP DEP RECPT 5.950% 0816188 8/E DTD 087416 CALLABLEOIUS/20 Q 130.000M oody 'Wien BA2S8 P Rating 889 08/06/15 3,000,000.000 100.0000 Total Corporate Bonds 23,972,000.000 TOTAL FIXED INCOME 23,972,000.000 Delo Acquked EQUITIES Common Stocks ALIBABA GROUP HLDG LTD SPONSORED ADR ISINt US05090/1327 Dividend Option: Cash Adittsted Codes* Menet Price Security Identifier: 539439AG4 1,948,500.00 100.8750 Original Cost Basis: 51948,50000 Security Identifier: 1296725 3,000,005.99 101.6250 Original Cost Basis: $3000 ,006.00 $23,745,244.24 Market Value 1119 651 25 3,048,750 00 $23,653,026.00 Ouentay Unit Cost $23,745,244.24 Cod Buis Mend Price $23,653,026.00 Market Value 06/10/15 5,000.000 88.9500 AMAZON COM INC Dividend Option: Cash 03129118 500.000 1,423.8620 04/02/18 500.000 1,367.0210 Total Covered 1.000.000 Total 1.000 000 APOU.0 GLOBAL MGM T LLCCL A SHS Dividend Option: Cash 26367.00 of these shares are r your margin account 03/29/11 '•° 263,157.000 19.0000 711,930.80 683,510 38 1,395,441 18 $1,395,441 18 Seanity Identifier MBA CUSP: OtO9W 132 444,749.00 142.2800 Security Identifier: AUDI CUSP. 023135116 1,598.0100 1,598.0100 Security Identifier: APO CUSIP. 03762306 4,999,983.00 29.4200 711 400 00 799 005.00 799.005 00 1.598.010 00 51,598.010 00 7.742.078.94 Unrealized Gain Loss Matted ellmated Bdkaaled Interest Annual Income Yield -28.848.75 13.479 58 142.72510 7 43% 48,744.01 37,683.33 178,500.00 5.85% 492,218.24 $296,510.68 $1,564,564.68 492,218.24 $296,510.68 51,564,564 68 Unglazed Estimated Estimated OWL= Annual Income Yield 266,651.00 87,074.20 115,494.62 202,568.82 $202,568.82 2,742,095.94 CONFIDENTIAL - PURSUANT TO FED. R CRI6A P. 6(e) Account Number: CONFIDO. St Ifa3M320 L Rated Einilent (ten Year Since 2007 DALIAR RATIO COMMUNICATIONS LXCILLINCI $0 00 489.47212 6.32% Page 6 of 18 Cleating through Penhvg LC. a vAtoly owned sotaidiary of The Bank e New Von Mellon CarporatIon(IINY Melba) Per • hnx 11.C. nwribt• f thRA.WiNfielt 00046510 DI3-SDNY-0009334 EFrA_00157119 EFTA01289482 Deutsche Bank P.O. Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) U.S. DOLLARS (continued) Date Acquired Quantity EQUITIES {continued) Common Stocks (continued) APPLE INC COM Dividend Oplion: Cash Unit Cost Cost Bais Model Price Market Value Unrealized Garlic's Eslimaled Eslirraled Annual Income Yield Security 'dandier: AAPL CUSP:037833130 12/07117 214,000.000 169.8140 36,340,223.40 218.8600 46,836,040.11 10,495,816.71 624,880.00 1.33% 06/20/18 50.000.000 186.7940 9.339.697.00 218.8600 10.942.999.12 1.603.302.72 146.000.00 1.33% 10/15/18 40,000.000 219.0180 8,760,702.00 218.8600 8.754400.17 4,301.83 116,800.00 1.33% Total Covered 304,000 000 54.440.622.40 66,533.440 00 12,092,817.60 887,680.0D Total 304,000.000 554.444622.40 $66.533,440.00 $12,092.817.60 5887.680.00 BIOGEN MEC INC COM Security Identifier. MIES Dividend Oplion: Cash CUSP 09052X133 02/14/12 2,095.000 110.2720 231,019.65 304.2700 637.445.65 406,426.00 CD4TENE CORP DEL COM Security Identifier: CNC Dividend Oplion: Cash CUSP: tI5B91 09108114 15.550.000 63.6450 989.679.75 130.3200 2.026.476.00 1.036.796.25 GENERAL B.ECEIRC CO COM Senility Identifier. GE Dividend Oplion: Cash CUSIP. 3696041)3 25.000.00 of these shams are le your margin account 02123118 2.500.000 16.2210 40,551.71 10.1000 25 250.00 -15,301.71 1,200.00 4.75% 02/26/18 2,500.000 16.2210 40,551.71 10.1000 25,250.00 -15,301.71 1,200.00 4.75% 03105118 800.000 16.2260 12.980.63 10.1000 8.080.00 -4.900.63 384.00 4.75% 03/07/18 5.000.000 16.2190 81,097.41 10.1000 50.500.00 -30,597.41 2.400.00 4.75% 03/12/18 2.500.000 16.2210 40.551.71 10.1000 25.250.00 -15.301.71 1.200.00 4.75% 03/16/18 11.700.000 16.2190 189.759.90 10.1000 118.17000 -71.589.90 4616.00 4.75% Total Covered 25,000.000 405.493.07 252,500.00 -152,993.07 12,000.00 Total 25.000.000 S405.493.07 $252.500.00 4152.993.07 $12,000.00 KARYOPHARM THERAPEUTICS INC COM Seaway Idenlifier. KPTI Dividend Oplion: Cash CUSP. 46576U16 07/12/18 25,000.000 18.6840 467,106.00 10.5400 263,500.00 403,606.00 October 1,2018 - October 31,2018 SOUTHERN FINANCIAL LLC CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Account Hornbill= US% . CONFIDO. L Page 7 of '3 Rated Galt, Clearing through Penang1SC a **at owned Levy Yew Since 2007 setaldlary of The Bonk a Sr. York Mellon DAtIARIIATEDCOMMUNICATIONS Corporation (IINY Wilco) LXCILLINCE Persliett t LC. antater Nr.aAf7PL.:1K13.6M-00046511 DB-SDNY-0009335 EFTA_00157 120 EFTA01289483 Portfolio Holdings (continued) U.S. DOLLARS (continued) Pie Acquired Quantity (M Coq Celt Boris Market Prim Mehl Veins Unrested Gilt/Lea Edkeeted EstkeMed Anent Income Yield EQUITIES (continued) Common Stooks (continued) NINTENDO LTD ADR Dividend Opl ion. Cash Security Identifier: NTDOY CUSP:654445303 02105118 10,000.000 51.7910 517,906.00 39.1300 391,300.00 -126606.00 5.027.26 128% Total Common Stooks $63,892,000.05 $80,158,150.59 $16,264,150.54 $1,394,179.28 Preferred Stocks (Listed by expiration date) GMAC CAP TR 16T0 TR PFD SECS KR2 Security Identifier ALLY PRA 815% FRB) DRILY MATT-02/15/2040 CALL CUSIP 36160208 ANYTIM E025 WI30 DAYS BEONS02/6/ /3 Dividend Option: Cash 02122112 " 1 80,000.000 23.5350 1,882,713.60 262800 2,100,800.00 218,026.40 157,43316 7.49% Total Preferred Stocks $1,882,773.60 $2,100,800.00 $218,028.40 $157,433.78 TOTAL EQUITIES $65,774,773.65 $82,256,950.59 $16,482,176.94 $1,551,613.04 Unleaded Erlireeled Whaled Dote Acquired Ninth, P.M Cost Cost Beres Market Price Market Value Oeinfloss MaudIncome Yield M UTUAL FUNDS JP1AORGAN FLOATING RATE INCOME FUND CLASS I Open End Fund Dividend Opl ion: Reinvest; Capital Gaits Option: Reinvest Security ;deinAar: JF11SX CUSP 4812t51) 09/28/17 318,809.777 9.4100 3,000,000.00 9.3400 2.977.883.30 42,318/0 128,471.133 424% Reinvestments to Date 14,819.232 9.3840 139,056.70 9.3400 138,411.64 145.06 5,878.79 424% Total Covered 333,629.009 3,139,056.70 3,116,094.94 .22,961.76 132,350.62 Total 333.629.009 53.139.056.70 93.116.094 94 122 961 76 $132 350.62 TOTAL MUTUAL FUNDS $3.139.056.70 $3.116.094 94 122.961 76 $132.350 62 Uneatra Mailed Ediriatetl Cost tress Martel Value Gain Lose lateral Annul Income TOTAL U.S. DOLLARS $95,705,453.84 $112,072,450.78 616,366,996.94 $296,510.68 $3,301,746.38 EURO 0 Closing Atoned 30-Da Dualpam Donnas Bina Balance Currency Income Yield CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance 14.80 .64 80 SUS .73 41 USD CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) Account NUI7111= C ?Me ONFIDO. L Rated Eaceilent trey Yes, Since 2007 DALIAR RATIO COMMUNKATIONS EXCILLINCE Page 8 of 18 Clearing *roar Penh% IIC eulogy evened sobtidiaceof The Bask SW. Yoh Mallon Carpotatlea (eta Mao) Per Finx 11.C. mentn. Fthite.filAVVELGM-00046512 DS-SONY-0009336 EFTA_00157121 EFTA01289484 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) EURO (continued) Dewylion Ovandly Opening Ban Closing Ban Clones Awned Imes 30.0ey Yield CASH, MONEY FUNDS, AND BANK DEPOSITS (continued) TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS Onaiplion Quantity 44.80 Mediae Price 44.80 EUR .73.41 USD Minket Value Currency 0.00 0.00 Moved literal Babied Yield FIXED INCOME (In Maturity Date Sequence) Corporate Bonds CASINO, GUICHARD•PERRACJION SA ISMS FR001501180 0.000% 0810619 REG DTD 08/0314 Moody Rating Ba16 8 P Rating 88 Security Identifier: F14 t3LCN4 2,500,000.000 99.5700 2,489,250.00 EUR 2,820,011.33 USD 0.00 0.00 Total Corporate Bonds: 2,500,000.000 2,489,250.00 EUR 2,820,071.33 USD 0.00 0.00 TOTAL FIXED INCOME OesaMtion 2,500,000.000 Quantity Markel Pike 2,480,250.00 EUR 2,620,071.33 USD Maket Value Ceram 0.00 0.00 Estimated `Odd EQUITIES Common Stocks UBI SOFT ENTERTAINMENT ISHII FR0000054470 SA MONTREUIL ACT Seaway ItlealifiecUBI:FR CUSP. F9396N136 11,200.000 79.5000 890,400.00 EUR 1,008,734.16 USD Total Common Stocks 690,400.00 EUR 1,008,734.16 USD TOTAL EQUITIES 890,400.00 EUR 1,006,734 16 USD October 1,2018 - October 31, 2018 SOUTHERN FINANCIAL LLC Market Value Currency Accrued Interest TOTAL EURO 3,379,585.20 SIR 0.00 3,828,732.08 USD 0.00 CONFIDENTIAL - PURSUANT TO FED. R. CRI6,1 P. 6(e) Account Numb 2:tvtan=o CONFID AL- Page 9 of 18 Rated Excellent Clewing through PeellskylIC nialy evniad Every Year Since 2007 sabilttlary el The Bank a New Yak Mete OMAR ItaTED COMMUNICATIONS CarpotatIon (MY Man) EXCILLENCE PerIhnx 11.C.nw-tan riukAalYercelt00046513 DS-SDNY-0009337 EFrA_00157122 EFTA01289485 Portfolio Holdings (continued) HONG KONG DOLLAR Opening Cluing Accrued 30-Dry Natation Dantey Balance Balance Canna Inane Yleid CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 183,242.25 183,24225 HKD 23,375.11 USD 183,242.25 183,242.25 HKD 23,375.11 USD Market Value Canna 0.00 0.00 Accrued lateral TOTAL HONG KONG DOLLAR JA PA N ESE EN Description Quantity OFen911 Belem 183,242.25 HKD 23,375.11 USD Caine Nana Carina 0.00 0.00 Accrued 30.Ory Incase Yield CASH, MONEY FUNDS, AND BANK DEPOSITS Global Cash Balance 49.00 49.00 JPY -0.43 USD TOTAL CASH, MONEY FUNDS, AND BANK DEPOSITS 49.00 49.00 JPY .0.43 USD Merkel Value Currency 0.00 0.00 Accrued Steal TOTAL JAPA NESE YEN 49.00 JPY 0.00 -0.43 USD 0.00 Untested Accrued Blasted Cost Bads Market Yaw Gainitass Intern Annual Income TOTAL PORTFOUO HOLDINGS - U.S. DOLLARS 895,705,453.84 8115,924,557.54 818,366,996.94 8296,510.88 53.301.748.38 Noncovered under the cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended by the Emergency Economic Stabilization Act of 2008, and are marked as nnoncovered". Securities marked as-covered", were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form /399-11 for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998. the cost basis will not be reported to the IRS. Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of lixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed . there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 10 of 18 Account Plumb 3trc-ES`• CONFID Rated hortlent Clewing thieve. Pashtos 11C. auk,/ evened (my Year Since 2007 istaldlary a The in a Nee Yak Mellon DALBAR RATIO COMMUNICATIONS Carpontlan (MY WNW EXCILLINCI Perihng 11.C. meet/ FltuRAAM4Yaelt 00046514 DS-SDNY-0009338 EFTA_00157123 EFTA01289486 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Portfolio Holdings (continued) October t 2018 - October 31, 2018 SOUTHERN FINANCIAL LLC circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. 3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. 12 Pershing has received updated cost basisinformation, therefore cost basis provided on previous dient brokerage statements may differ from the new cost bass reported in this section. n The cost basis of this security has been provided to us by the delivering firm or transferring agent and Pershing makes no representation as to the accuracy of this information. dings SJrnmary by Cu re lc, CtIffillef Gash Rted Won Equites Mutual Funds Told by Currenq U.S. DOLLARS 3,048,379 23,853,028 82,256,950 3,116,094 112,072,450 USD EURO 64 2,489,250 890,400 0 3,379,585 EUR HONG KONG DOLLAR 183,242 0 0 0 183,242 HKD JAPANESE YEN 49 9 0 0 -49 JPY Total USD Equivalent 3,089,880 28,413,097 83,285,884 3,116,094 115,924,557 USD % of Allocation 2% 23% 72% 3% 100% Portfolio Holdings Disclosures Pricing This section includes the net market value of the securities in your account on a settlement date basis, including short positions, at the close of the statement period. The market prices, unless otherwise noted, have been obtained from independent vendor services, which we believe to be reliable. Market prices do not constitute a bid or an offer, and may differ from the actual sale price. Securities for which a price is not available are marked "NI A" and are omitted from the Total. THEM OF PINCE DATEONLY APPEARSWHEN THE PRIDEOATEDOESNOT EQUAL THE STATEM ENT DATE Estimated Annual Figures The estimated annual income (EA I) and estimated annual yield (EAY) figures are estimates and for informational purposes only. These figures are not considered to be a forecast or guarantee of future results. These figures are computed using information from providers believed to be reliable; however, no assurance can be made as to the accuracy. Since interest and dividend rates are subject to change at any time, and may be affected by current and future economic, political, and business conditions, they should not be relied on for making investment, trading, or tax decisions. These figures assume that the position quantities, interest and dividend rates, and prices remain constant. A capital gain or return of principal may be included in the figures for certain securities, thereby overstating them. Refer to www.pershing.com/ disclosures for specific details as to formulas used to calculate the figures. Accrued interest represents interest earned but not yet received. Reinvestment The dollar amount of Mutual Fund distributions, Money Market Fund dividend income, Sank Deposit interest income, or dividends for other securities shown on your statement may CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Page 11 of 18 Account Number: loss CONFIDO. L Rated ticellent tray Yew Since 2007 PALIARMITO COMMUNCAT IONS exempla Clewing Omagh pealskylIC a vibe/ owned sabildlay a The kek a New Yoh Meta Carpontban (MY Mellon) PerOing 11.C.nw-tan FINRAVVVELGM-00046515 DS-SDNY-0009339 EFrA_00 57 24 EFTA01289487 Portfolio Holdings Disclosures ( continued) Reinvestment (continued) have been reinvested. You will not receive confirmation of these reinvestments. Upon written request to your financial institution, information pertaining to these transactions, including the time of execution and the name of the person from whom your security was purchased, may be obtained. In dividend reinvestment transactions. Pershing acts as your agent and receives payment for order flow. Option Disclosure Information with respect to commissions and other charges incurred in connection with the execution of option transactions has been included in confirmations previously furnished to you. A summary of this information is available to you promptly upon your written request directed to your introducing firm. In order to assist your introducing firm in maintaining current background and financial information concerning your option accounts, please promptly advise them in writing of any material change in your investment objectives or financial situation. Expiring options which are valuable are exercised automatically pursuant to the exercise by exception procedure of the Options Clearing Corporation. Additional information regarding this procedure is available upon written request to your introducing firm. Foreign Currency Transactions Pershing will execute foreign currency transactions as principal for your account. Pershing may automatically convert foreign currency to or from U.S, dollars for dividends and similar corporate action transactions unless you instruct your financial organization otherwise. Pershing's currency conversion rate will not exceed the highest interbank conversion rate identified from customary banking sources on the conversion date or the prior business day, increased by up to 1%, unless a particular rate is required by applicable law. Your financial organization may also increase the currency conversion rate. This conversion rate may differ from rates in effect on the date you executed a transaction, incurred a charge, or received a credit. Transactions converted by agents (such as depositories) will be billed at the rates such agents use. Proxy Vote Securities not fully paid for in your margin account may be lent by Pershing to itself or others in accordance with the terms outlined in the Margin Agreement. The right to vote your shares held on margin may be reduced by the amount of shares on loan. The Proxy Voting Instruction Form sent to you may reflect a smaller number of shares entitled to vote than the number of shares in your margin account. Ratings This statement may contain credit rating information obtained from Standard & Poor's. Reproducing and distributing any information received from Standard & Poor's is not permitted without prior written authorization from Standard & Poor's. Standard & Poor's does not guarantee the accuracy, completeness, timeliness or availability of any information. Standard & Poor's Is not responsible for any errors or omissions, regardless of the cause, or for the results of using such content. Standard & Poor's makes no express or implied warranties including warranties of merchantability or fitness for a particular purpose. Standard & Poor's shall not be legally responsible for any fees, costs, expenses or losses in connection with the use of their content. Credit ratings are opinions and not statements of facts; are not recommendations to purchase, hold or sell securities: and do not address suitability for investment purpose. Credit ratings should not be relied upon as investment advice. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Account Number CONFIDO. L Page 12 of 18 Rated hotlient Clewing through Parable{ IIC nth* evened (very Year Since 2007 n&&ecy a The leek a New Yak Mete DALBAR RATIO COMMUNICATIONS corporactoncom Amnon) LXCu MCC Per ihnx 11.C.nitentan otatAAR4VELGM—00046516 DIEi-SDNY-0009340 EFTA_00 57 25 EFTA01289488 Deutsche Bank P.O Box 1776, Baltimore, MD 21203 Schedule of Realized Gains and Losses Current Period October 1,2018 - October 31, 2018 SOUTHERN FINANCIAL LLC Dale Date Realized Description Dimond Acquired Designation Disposition Method) Transadion Quantity Proceeds Cod Nis Galata; Long Term PIORGAN CHASE 8 CO 10130118 06115/11 Nonovelefl Ant In Ant Out! RED Ell PTION 1,397,000.000 1,397,000.00 1,498,470.87 -101,470.87 PSTG TIM PFD SER1RXE0 TO Original Cost Basis:1501,775.00 FLTG RT BIT 5108%04123/51B 10131118 08/15111 Noncoveief ' First In First Out! RED BI PTION 3,000.000 3,000.00 3,217.90 -217.90 &corky Identifier: 4 /525litIA1 Original Cost Basis:3225.00 Total 1,400,000.000 1,400,000.00 1,501188.77 -101,888.77 Total Long Term 1,400,000.00 1,501,688.77 -101,68817 Total Short and Long Term 1,400,000.00 1,501,888.77 -101,888.77 Noncovered under the cost basis rules as defined below. Generally, securities acquired before 2011, in retirement accounts or held by Non-U.S. entities are not subject to the cost basis reporting rules set forth in the Internal Revenue Code of 1986, as amended by the Emergency Economic Stabilization Act of 20 0 8, and are marked as "noncovered" Securities marked as "covered', were identified as securities potentially subject to the cost basis reporting rules and may be reported to the IRS on form 1099-B for the applicable tax year in which the securities are disposed. Note: In the event where we cannot easily determine the taxability of an account, we may mark the account as noncovered. However, if the account does not receive a 10998, the cost basis will not be reported to the IRS. This Schedule may not reflect all cost basis adjustments necessary for tax reporting purposes, especially for noncovered securities. Adjustments to cost basis may have been made for prior income received and subsequently reclassified by the issuer as a return of capital. In addition, corporate action events may require adjustments to your original cost basis. Return of capital information and cost basis information, as it relates to corporate actions, has been obtained from sources we believe to be reliable. Adjustments to cost basis can be made after year-end, in particular, for return of capital adjustments, but may also include adjustments for corporate action events. Therefore there may be differences in cost basis reflected on your monthly client brokerage statement at year end versus any subsequent reports, including your 1099-B or online displays you may have available to you. When you report your cost basis on your tax return, it should be verified using all of your own records. In particular, there may be other adjustments which you need to make, but are not required to be made by Pershing as it relates to H.R. 14 24. You should consult with your tax advisor in order to properly report your gain or loss for tax purposes. Pershing shall not be responsible for and makes no representations or warranties with respect to the accuracy of any information that you report to the IRS or other taxing authorities, and, accordingly, disclaims any and all liability that may arise with respect to your use and reliance on the information provided herein for such reporting. Cost Basis on fixed income securities may be adjusted for amortization, accretion, original issue discount adjustments, or principal paydowns. The calculation is based upon the taxpayer election, type of fixed income security, and certain attributes, obtained from sources believed to be reliable. In the event, one or more of these attributes is changed, there may be a temporary incorrect adjusted cost basis reflected until the cost basis system is amended to reflect this change. These calculations will not be performed under certain circumstances, including those involving foreign bonds, bonds sold short or bonds issued with less than one year to maturity. This information is meant as a general guide and you should consult your tax advisor in the preparation of your tax returns. CONFIDENTIAL — PURSUANT TO FED. R CRIM. P. 6(e) Account Number: CONFIDO. L Rated [stollen? trey Yeor Since 2007 PALIAR MUD COMMUNICATIONS EXCILIANCI Page 13 of 18 Cleanng through Penblin IIC auk*, evened sobsidiary a The Mak a New Yak Mellon CarporatIon(ONY Mellon) Per I Finx 11.C. mtrtat• rimitAAMYTLGM-00046517 DB-SDNY-0009341 EFrA_00157126 EFTA01289489 Schedule f Realized Gains and L sses Current Pen (continued) ' The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. Please refer to the Your Account Information Section in your brokerage account statement for your account's existing tax-lot disposition method. The disposition method is the method which you have selected to use in the disposal of each tax lot of the securities held in your account. If you do not select a method, your account will be defaulted to First In, First Out ( FIFO). Your account's selected tax lot method will be used to determine the cost basis for calculating gain and/ or loss, unless another method was selected at the time of the security disposal, and this may be reported on the IRSForm 1099-B. Messages Although a money market mutual fund seeks to preserve the value of your investment at $1 per share, it is possible to lose money by investing in a money market mutual fund. Shares of a money market mutual fund or the balance of a bank deposit product held in your brokerage account may be liquidated upon request with the proceeds credited to your brokerage account. Please see the money market mutual fund's prospectus or the bank deposit product's disclosure document or contact your advisor for additional information. Pursuant to SEC Rule 10 b-10( b)( 1) confirmations are not sent for purchases into money market mutual funds processed on the sweep platform. Please note that as of November 1, 2018, Deutsche Bank AG will no longer be offering fixed rate certificates of deposit through Deutsche Bank AG New York Branch. Your Deutsche Bank Investment Specialist will be able to provide you with information regarding alternative instruments offered by Deutsche Bank AG and its affiliates. Activity Summary (All amounts shown are in base currency) Credits ThisPetiod Debits ThisPerlod Net ThisPetiod GeditsYeato-Date DebileYeareo-Date Net Yea-to-Dole Securities Securities Bought 0.00 1,775,497.92 1,775,497.92 0.00 48,533,305.28 48,533,305.28 Securities Sold 0.00 0.00 0.00 39,893,211.93 0.00 39,893,211.93 Total Securities $0.00 48,775,497.92 48,775,497.92 $39,893,211.93 448,533,305.28 48,640,093.35 Dividends and Interest $170,662.10 $0.00 $170,662.10 $2,422,184.51 $0.00 $2,422,184.51 Distributions $1.400,000.00 $0.00 $1,400,000.00 $4,117,935.88 $0.00 $4,117,935.88 Fees $0.00 44.00 44.00 $0.00 41,174.00 41,174.00 Taxes Withheld $0.00 $0.00 10.00 $0.00 37,000.37 37,000.37 Other $0.00 $0.00 $0.00 $0.00 477.65 477.65 Cash Withdrawals 0.00 0.00 0.00 0.00 .4177118.24 4,077,618.24 Deposits 5,073,049.51 0.00 5,073,049.51 8,270,842.15 0.00 8,270,842.15 Total Cash $5,073,049.51 $0.00 $5,073,049.51 $1270142.15 -$4.077,618.24 $4,193,223.91 Totals $6,643,711.61 48,775,501.92 12,131,790.31 $54,704,174.47 452,619,175.54 $2,084,998.93 Page 14 of 18 CONFIDENTIAL — PURSUANT TO FED. R CRAI. P. 6(e) Account Nornbe It 0120 CONFIDO. Rated Catrilent (very Year Since 2007 DALIAR RATIO COMMUNICATIONS LXCILL INCE Clewing Omagh Pagan IIC awl*, evened Maids, a The In a Near Yak Meta Carponefon Oltly Mellon) Peri Ping U.C.nterber thisIA.614 Vler& 00046518 DEMSDNY-0009342 EFTA_00157127 EFTA01289490