ZAZOVE ASSOCIATES LLC Information

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

Report Date: 09/30/2014

Position Statistics

Total Positions 36
New Positions 2
Increased Positions 7
Decreased Positions 8
Positions with Activity 15
Sold Out Positions 4
Total Mkt Value (in $ millions) 178

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

Sector Weighting

Basic Materials 0.44%
Capital Goods 4.12%
Conglomerates
Consumer Cyclical 8.1%
Consumer/Non-Cyclical
Energy
Financial 20.48%
Healthcare 0.4%
Services 24.88%
Technology
Transportation
Utilities 19.7%

36 Positions as of 09/30/2014

Company ▲ Class Value of Shares ($1,000s) Change in Value ($1,000s) Change (%) Shares Held
AGCO CORP COM 7,329 7,329 New 166,823
AMERICAN INTL GROUP INC COM NEW 53 New 1,000
AMERICAN INTL GROUP INC WT EXP 011921 22,294 New 943,448
AURICO GOLD INC COM 779 New 252,910
BANK AMER CORP 7.25%CNV PFD L 386 New 330
BLACKROCK DEBT STRAT FD INC COM 665 New 186,921
CUMULUS MEDIA INC CL A 4,064 3,089 317.15 1,075,000
DIREXION SHS ETF TR DAILY GOLD MINER 545 New 60,000
DURECT CORP COM 707 -9 (1.22) 862,490
EASTMAN KODAK CO WT EXP 090318 73 -39 (34.69) 11,308
EASTMAN KODAK CO COM NEW 3,762 -1,160 (23.58) 191,348
EASTMAN KODAK CO WT EXP 090318 52 -28 (34.69) 11,308
EATON VANCE LTD DUR INCOME FD COM 2,720 New 201,785
EATON VANCE SH TM DR DIVR INCM COM 58 New 4,133
EMMIS COMMUNICATIONS CORP PFD CV SER A 6,250 New 443,270
EMMIS COMMUNICATIONS CORP CL A 2,081 New 1,079,897
GENERAL MTRS CO WT EXP 123115 1,388 New 2,238,351
GENERAL MTRS CO WT EXP 071019 13,037 3,293 33.79 972,920
IRIDIUM COMMUNICATIONS INC PERP PFD CNV B 4,918 New 14,000
JPMORGAN CHASE & CO WT EXP 102818 5,470 New 314,163