NAVIENT CORPORATION

Ticker: NAVI CUSIP: 63938C108 Class: Common Stock

Park Avenue Institutional Advisers LLC's Holding History (CIK: 0001640801)

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

Q2 2016

Shares 2,166 Value ($000) $26 Avg Close $12.72 Range $11.01 - $13.99

Q1 2016

Shares 2,283 Value ($000) $27 Avg Close $10.40 Range $8.20 - $12.60

Q4 2015

Shares 2,347 Value ($000) $27 Avg Close $12.25 Range $10.62 - $13.93

Q3 2015

Shares 2,488 Value ($000) $28 Avg Close $14.63 Range $10.95 - $19.00

Q2 2015

Shares 2,708 Value ($000) $49 Avg Close $19.57 Range $18.09 - $20.95

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2016	2,166	$26	$12.72	$11.01 - $13.99
Q1 2016	2,283	$27	$10.40	$8.20 - $12.60
Q4 2015	2,347	$27	$12.25	$10.62 - $13.93
Q3 2015	2,488	$28	$14.63	$10.95 - $19.00
Q2 2015	2,708	$49	$19.57	$18.09 - $20.95