ZAZOVE ASSOCIATES LLC Information

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

Report Date: 03/31/2015

Position Statistics

Total Positions 39
New Positions 3
Increased Positions 9
Decreased Positions 15
Positions with Activity 24
Sold Out Positions 8
Total Mkt Value (in $ millions) 290

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

Sector Weighting

Basic Materials 0.35%
Capital Goods
Conglomerates
Consumer Cyclical 62.97%
Consumer/Non-Cyclical
Energy
Financial 15.17%
Healthcare 1.46%
Services 9.89%
Technology
Transportation
Utilities 7.67%

39 Positions as of 03/31/2015

Company Class Value of Shares ($1,000s) Change in Value ($1,000s) ▲ Change (%) Shares Held
NEW YORK CMNTY CAP TR V BONUSES UNIT -35,191 Sold Out 0
STANLEY BLACK & DECKER INC CORP UNIT 169,307 -19,097 (10.14) 1,160,036
AMERICAN INTL GROUP INC WT EXP 011921 21,396 -4,967 (18.84) 744,980
DOMINION RES INC VA NEW COM -3,211 Sold Out 0
GENERAL MTRS CO WT EXP 071019 13,485 -1,109 (7.6) 898,988
JPMORGAN CHASE & CO WT EXP 102818 6,974 -961 (12.11) 270,398
DURECT CORP COM 1,295 -853 (39.71) 520,000
KINDER MORGAN INC DEL WT EXP 052517 22,260 -518 (2.28) 12,435,676
AURICO GOLD INC COM 429 -294 (40.69) 150,000
GENERAL MTRS CO WT EXP 123115 -236 Sold Out 0
LIBERTY BROADBAND CORP COM SER A -133 Sold Out 0
AMERICAN INTL GROUP INC COM NEW -64 Sold Out 0
EATON VANCE SH TM DR DIVR INCM COM -57 Sold Out 0
NUVEEN SHT DUR CR OPP FD COM -31 Sold Out 0
LIBERTY BROADBAND CORP RT PUR COM SER C -13 Sold Out 0
BANK AMER CORP 7.25%CNV PFD L 368 New 330
BLACKROCK DEBT STRAT FD INC COM 664 New 186,921
DIREXION SHS ETF TR DAILY GOLD MINER 206 New 60,000
EATON VANCE LTD DUR INCOME FD COM 2,704 New 201,785
EMMIS COMMUNICATIONS CORP PFD CV SER A 1,330 New 443,270