ALGER DYN OPP Z

Ticker: ADOZX CUSIP: 015566755 Class: Mutual Fund

Janney Montgomery Scott LLC's Holding History (CIK: 0001329948)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014

Shares 60,315 Value ($000) $746,098 Avg Close — Range —

Q3 2014

Shares 56,940 Value ($000) $733,957 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	60,315	$746,098	—	—
Q3 2014	56,940	$733,957	—	—