Physical Palladium Shares - ET

CUSIP: 26923a106 Class: Equity Mutual Fu

CONFLUENCE INVESTMENT MANAGEMENT LLC's Holding History (CIK: 0001442056)

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

Q4 2013
Shares 7,166 Value ($000) $499 Avg Close — Range —
Q3 2013
Shares 7,462 Value ($000) $528 Avg Close — Range —
Q2 2013
Shares 5,129 Value ($000) $332 Avg Close — Range —