FIDUCIARY FINANCIAL SERVICES OF THE SOUTHWEST INC /TX Information

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

Report Date: 03/31/2014

Position Statistics

Total Positions 170
New Positions 5
Increased Positions 79
Decreased Positions 59
Positions with Activity 138
Sold Out Positions 4
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 1.19%
Capital Goods 3.43%
Conglomerates
Consumer Cyclical 0.8%
Consumer/Non-Cyclical 3.3%
Energy 23.78%
Financial 18.71%
Healthcare 7.92%
Services 16.41%
Technology 3.02%
Transportation 2.92%
Utilities 18.28%

170 Positions as of 03/31/2014

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) ▲ Shares Held
BOARDWALK PIPELINE PARTNERS LP UT LTD PARTNER -383 Sold Out 0
CHUBB CORP COM -193 Sold Out 0
INTERNATIONAL BUSINESS MACHS COM -213 Sold Out 0
ONE GAS INC COM -51 Sold Out 0
PIMCO MUNICIPAL INCOME FD COM 317 -55 (14.9) 22,368
ANNALY CAP MGMT INC COM 480 -69 (12.59) 42,336
INVESCO MUN OPPORTUNITY TR COM 532 -69 (11.55) 42,723
HOME PROPERTIES INC COM 2,861 -319 (10.02) 43,645
NORTHERN TIER ENERGY LP COM UN REPR PART 1,027 -113 (9.91) 41,495
PEPCO HOLDINGS INC COM 500 -52 (9.45) 18,250
VENTAS INC COM 739 -74 (9.16) 11,510
NATIONAL OILWELL VARCO INC COM 369 -32 (8.07) 4,330
NOW INC COM 36 -3 (8.07) 1,083
BCE INC COM NEW 1,658 -117 (6.61) 36,355
BLACKROCK MUNIVEST FD II INC COM 941 -57 (5.73) 60,495
SPDR GOLD TRUST GOLD SHS 2,363 -131 (5.26) 18,786
SEADRILL LIMITED SHS 3,142 -150 (4.57) 83,813
VANGUARD NAT RES LLC COM UNIT 871 -40 (4.4) 26,446
NUSTAR ENERGY LP UNIT COM 1,356 -59 (4.16) 20,743
COMMONWEALTH REIT COM SH BEN INT 432 -14 (3.1) 15,865