o Subject) Classification: StdotlyConfidential Jeffrey — Southern Financial had the following redemptions in June: Issuer / Coupon / Maturity 1) Earthlink Inc 8.875% 05/15/19 2) Countrywide Home Loans 4.090% 03/25/2033 No redemptions yet for Southern Financial in July. Thank you, Vahe From: Daniel Sab

049 1/10/11 2.000,000 2.015.000 2,248,186 2-.2 7 212, • Barclays Bank PLC 7.75% 4/10/2023 4/3(13 300.000 300,00 341.294 342,856 42,856 Earthlink Inc 8.875% May 15 2019 10/22/12 400.000 410.756 416.494 419.453 8.696 Earthlink Inc 8.875% May 15 2019 10/23/12 600.0004 614,993 624.742 629.

ca 8.125% Pfd Dec 29 =049 1/10/11 2,000,000 Barclays Bank PLC 7.75% =110/2023 4/3/13 300,000 Citigroup Inc - Series Q 5.95% 8/6/15 3,000,000 Earthlink Inc 8.875% May 15 2019 10/22/12 146,000 Earthlink Inc 8.875% May 15 2019 10/23/12 600,000 Frontier Communications 8.5% 4/15/2020 7/6/15 3,000,000

ica 8.125% Pfd Dec 29 =049 1/10/11 2,000,000 Barclays Bank PLC 7.75% 410/2023 4/3/13 300,000 Citigroup Inc - Series Q 5.95% 8/6/15 3,000,000 Earthlink Inc 8.875% May 15 2019 10/22/12 146,000 Earthlink Inc 8.875% May 15 2019 10/23/12 600,000 Frontier Communications 8.5% 4/15/2020 6 EFTA_R1_013218

2019 400.000 Earthlink Yinc I. 5/15/2015 8475% ($414.000) $425.300 $18.519 7.04% $103.50 $106.33 529239 23.0cí-12 15-May.2019 600.000 Earthlink Inc ti- 5/15/2015 4.975% (1619.500) $637.950 127660 7.04% $103.25 $106.33 $46.110 1-Oct-12 01.Arn-2019 1,000000 Kindred IlealdWeint Inc 6/1