ISHARES TR

Ticker: GNMA CUSIP: 46429B333 Class: GNMA BOND ETF

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

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

Q4 2015
Shares 60,465 Value ($000) $3,030 Avg Close — Range —
Q3 2015
Shares 57,567 Value ($000) $2,896 Avg Close — Range —
Q2 2015
Shares 54,693 Value ($000) $2,734 Avg Close — Range —
Q1 2015
Shares 52,040 Value ($000) $2,631 Avg Close — Range —
Q4 2014
Shares 49,638 Value ($000) $2,513 Avg Close — Range —
Q3 2014
Shares 47,335 Value ($000) $2,365 Avg Close — Range —
Q2 2014
Shares 44,274 Value ($000) $2,209 Avg Close — Range —
Q1 2014
Shares 43,373 Value ($000) $2,121 Avg Close — Range —
Q4 2013
Shares 38,772 Value ($000) $1,876 Avg Close — Range —
Q3 2013
Shares 36,378 Value ($000) $1,770 Avg Close — Range —
Q2 2013
Shares 33,999 Value ($000) $1,643 Avg Close — Range —