ARMOUR RESIDENTIAL REIT INC

CUSIP: 042315101 Class: COM

Kovack Advisors, Inc.'s Holding History (CIK: 0001728321)

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

Q1 2014
Shares 12,500 Value ($000) $51 Avg Close — Range —
Q4 2013
Shares 12,500 Value ($000) $50 Avg Close — Range —
Q3 2013
Shares 12,500 Value ($000) $53 Avg Close — Range —
Q1 2013
Shares 11,500 Value ($000) $75 Avg Close — Range —