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) 350

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

Sector Weighting

Basic Materials 1.29%
Capital Goods 3.65%
Conglomerates
Consumer Cyclical 1.03%
Consumer/Non-Cyclical 3.72%
Energy 18.35%
Financial 18.41%
Healthcare 9.35%
Services 18.71%
Technology 3.2%
Transportation 3.75%
Utilities 17.96%

178 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 -146 Sold Out 0
GABELLI EQUITY TR INC COM -68 Sold Out 0
INTERNATIONAL BUSINESS MACHS COM -267 Sold Out 0
ISHARES US OIL&GS EX ETF -177 Sold Out 0
NATIONAL OILWELL VARCO INC COM -181 Sold Out 0
POWERSHARES ETF TRUST DYN OIL SVCS -135 Sold Out 0
RAYONIER ADVANCED MATLS INC COM -182 Sold Out 0
SEADRILL LIMITED SHS -721 Sold Out 0
SPDR GOLD TRUST GOLD SHS -1,965 Sold Out 0
SPDR INDEX SHS FDS EURO STOXX 50 -522 Sold Out 0
KIRBY CORP COM 336 -218 (39.38) 4,540
RAYONIER INC COM 843 -286 (25.32) 31,320
TRINITY INDS INC COM 448 -130 (22.52) 12,675
DEVON ENERGY CORP NEW COM 220 -60 (21.36) 3,619
KINDER MORGAN INC DEL COM 11,799 -3,114 (20.88) 280,468
NUSTAR GP HOLDINGS LLC UNIT RESTG LLC 338 -68 (16.78) 9,425
ISHARES TR RUS 2000 GRW ETF 2,533 -311 (10.93) 16,623
CHICAGO BRIDGE & IRON CO N V COM 989 -119 (10.72) 19,995
CALAMOS STRATEGIC TOTL RETN FD COM SH BEN INT 193 -23 (10.57) 17,126
VOYA GLBL EQTY DIV & PREM OPP COM 97 -10 (9.03) 11,590