FIDUCIARY FINANCIAL SERVICES OF THE SOUTHWEST INC /TX Information

12222 MERIT DRIVE, DALLAS, Texas, 75251-2234, (972) 934-9070

Report Date: 12/31/2014

Position Statistics

Total Positions 178
New Positions 7
Increased Positions 75
Decreased Positions 78
Positions with Activity 153
Sold Out Positions 10
Total Mkt Value (in $ millions) 352

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Basic Materials 1.34%
Capital Goods 3.61%
Conglomerates
Consumer Cyclical 0.99%
Consumer/Non-Cyclical 3.61%
Energy 18.77%
Financial 18.6%
Healthcare 8.97%
Services 18.58%
Technology 3.19%
Transportation 3.78%
Utilities 18.02%

10 Sold Out Positions as of 12/31/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
CRESTWOOD MIDSTREAM PARTNERS L UNIT LTD PARTNER -150 Sold Out 0
GABELLI EQUITY TR INC COM -69 Sold Out 0
INTERNATIONAL BUSINESS MACHS COM -266 Sold Out 0
ISHARES US OIL&GS EX ETF -178 Sold Out 0
NATIONAL OILWELL VARCO INC COM -197 Sold Out 0
POWERSHARES ETF TRUST DYN OIL SVCS -141 Sold Out 0
RAYONIER ADVANCED MATLS INC COM -219 Sold Out 0
SEADRILL LIMITED SHS -862 Sold Out 0
SPDR GOLD TRUST GOLD SHS -2,007 Sold Out 0
SPDR INDEX SHS FDS EURO STOXX 50 -520 Sold Out 0