NAVIENT CORPORATION

Ticker: NAVI CUSIP: 63938C108 Class: Common Stock

EMERALD MUTUAL FUND ADVISERS TRUST's Holding History (CIK: 0001352895)

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

Q3 2020

Shares 245,444 Value ($000) $2,074 Avg Close $8.20 Range $6.38 - $9.44

Q2 2020

Shares 179,540 Value ($000) $1,262 Avg Close $7.44 Range $5.92 - $9.34

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2020	245,444	$2,074	$8.20	$6.38 - $9.44
Q2 2020	179,540	$1,262	$7.44	$5.92 - $9.34