Subject: DB - List of Preferred Securities From: Andrew King a> Date: Thu, 16 Jun 2016 15:37:06 -0400 To: Richard Kahn Cc: Stewart Oldfield Vahe Stepanian Joseph Dursi Rich, Following up on your conversation with Stew, I've attached a list of some of the most commonly traded preferred securities that you could use to build a basket, and then apply the target amount of leverage. We've included some information that should be helpful in the selection: -DB's rating on the issuers' common equity -The Bloomberg consensus rating on the issuers' common equity -Credit rating -Strip yield -Yield to call and call date -Average daily volume over the past 30 days Please let us know if you have any questions or would like to discuss further. Best regards, Andrew King fcid:image001.gif@OlD1AA1B.81C7AA001 Andrew King, CFA Vice President I Investment Solutions Group EFTA01422343 Deutsche Deutsche 345 Park Tel. Fax Mobil Email Bank Securities Inc. Asset & Wealth Management Avenue, New York, NY 10154 {cid:image002.gif@OlD1AA1B.81C7AA00} EFTA01422344