FEDERATED STRATEGIC VALUE DIVI

Ticker: SVAAX CUSIP: 314172586 Class: NTF EQUITY FUNDS

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

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

Q2 2015

Shares 18,695 Value ($000) $110,112 Avg Close — Range —

Q1 2014

Shares 18,695 Value ($000) $110,112 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	18,695	$110,112	—	—
Q1 2014	18,695	$110,112	—	—