DOUGLAS DYNAMICS INC

Ticker: PLOW CUSIP: 25960R105 Class: Common Stock

Rafferty Asset Management, LLC's Holding History (CIK: 0001389426)

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

Q1 2015

Shares 9,494 Value ($000) $217 Avg Close $21.63 Range $18.68 - $23.86

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2015	9,494	$217	$21.63	$18.68 - $23.86