ZAZOVE ASSOCIATES LLC Information

1033 SKOKIE BLVD., SUITE 310, NORTHBROOK, Illinois, 60062, (847) 239-7100

Report Date: 06/30/2014

Position Statistics

Total Positions 33
New Positions 4
Increased Positions 9
Decreased Positions 9
Positions with Activity 18
Sold Out Positions 1
Total Mkt Value (in $ millions) 384

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

Sector Weighting

Basic Materials 2.67%
Capital Goods
Conglomerates
Consumer Cyclical 52.2%
Consumer/Non-Cyclical
Energy
Financial 15.52%
Healthcare 0.35%
Services 7.06%
Technology
Transportation
Utilities 11.85%

33 Positions as of 06/30/2014

Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
STANLEY BLACK & DECKER INC CORP UNIT 186,187 -518 (0.28) 1,357,790
KINDER MORGAN INC DEL WT EXP 052517 45,557 -1,008 (2.16) 12,481,254
NEW YORK CMNTY CAP TR V BONUSES UNIT 33,363 33,363 New 671,289
AMERICAN INTL GROUP INC WT EXP 011921 23,275 -1,094 (4.49) 943,448
WELLS FARGO & CO NEW PERP PFD CNV A 20,479 -2,294 (10.08) 16,995
GENERAL MTRS CO WT EXP 071019 11,679 9,631 470.35 727,200
KEYCORP NEW PFD 7.75% SR A 7,060 104 1.50 53,527
THOMPSON CREEK METALS CO INC TG EQIT U TMED 6,922 -2,435 (26.02) 492,668
EMMIS COMMUNICATIONS CORP PFD CV SER A 6,778 New 443,270
JPMORGAN CHASE & CO WT EXP 102818 6,400 New 314,163
EASTMAN KODAK CO COM NEW 6,209 -902 (12.69) 250,372
IRIDIUM COMMUNICATIONS INC PERP PFD CNV B 4,732 4,732 New 14,000
RADIO ONE INC CL D NON VTG 4,015 209 5.49 1,274,502
EATON VANCE LTD DUR INCOME FD COM 2,968 New 201,785
GENERAL MTRS CO WT EXP 123115 2,753 -85 (3.01) 2,238,351
EMMIS COMMUNICATIONS CORP CL A 2,527 New 1,079,897
THOMPSON CREEK METALS CO INC COM 2,442 2,442 New 1,013,077
NUVEEN CR STRATEGIES INCM FD COM SHS 2,220 761 52.14 248,024
DIREXION SHS ETF TR DAILY GOLD MINER 1,651 New 60,000
DURECT CORP COM 1,353 New 873,140