NAVIENT CORPORATION

Ticker: NAVI CUSIP: 63938C108 Class: Common Stock

Virtus Investment Advisers, LLC's Holding History (CIK: 0000019481)

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

Q4 2017

Shares 4,154 Value ($000) $55 Avg Close $12.63 Range $11.48 - $15.10

Q3 2017

Shares 3,918 Value ($000) $59 Avg Close $14.58 Range $13.09 - $16.93

Q2 2017

Shares 4,262 Value ($000) $71 Avg Close $15.09 Range $13.36 - $16.97

Q1 2017

Shares 5,860 Value ($000) $86 Avg Close $15.33 Range $13.67 - $17.05

Q4 2016

Shares 7,491 Value ($000) $123 Avg Close $15.55 Range $12.66 - $17.95

Q3 2016

Shares 2,618 Value ($000) $38 Avg Close $13.93 Range $11.53 - $14.82

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	4,154	$55	$12.63	$11.48 - $15.10
Q3 2017	3,918	$59	$14.58	$13.09 - $16.93
Q2 2017	4,262	$71	$15.09	$13.36 - $16.97
Q1 2017	5,860	$86	$15.33	$13.67 - $17.05
Q4 2016	7,491	$123	$15.55	$12.66 - $17.95
Q3 2016	2,618	$38	$13.93	$11.53 - $14.82