MARKET VECTORS ETF TR

CUSIP: 57060U886 Class: AMT FREE LNG ETF

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

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

Q1 2016
Shares 505,750 Value ($000) $10,262 Avg Close — Range —
Q4 2015
Shares 424,161 Value ($000) $8,449 Avg Close — Range —
Q3 2015
Shares 367,935 Value ($000) $7,186 Avg Close — Range —
Q2 2015
Shares 371,656 Value ($000) $7,136 Avg Close — Range —
Q1 2015
Shares 317,569 Value ($000) $6,326 Avg Close — Range —