MGE ENERGY INC

Ticker: MGEE CUSIP: 55277P104 Class: EQTY

RATIONAL ADVISORS LLC's Holding History (CIK: 0001143565)

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

Q3 2016

Shares 9,525 Value ($000) $538 Avg Close $46.22 Range $44.29 - $48.99

Q2 2016

Shares 9,525 Value ($000) $538 Avg Close $42.25 Range $39.00 - $46.30

Q1 2016

Shares 9,525 Value ($000) $498 Avg Close $39.96 Range $36.30 - $43.30

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2016	9,525	$538	$46.22	$44.29 - $48.99
Q2 2016	9,525	$538	$42.25	$39.00 - $46.30
Q1 2016	9,525	$498	$39.96	$36.30 - $43.30