PNM RES INC

Ticker: TXNM CUSIP: 69349H107 Class: EQTY

Dean Capital Management's Holding History (CIK: 0001455468)

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

Q4 2018

Shares 30,110 Value ($000) $1,237 Avg Close $40.99 Range $37.67 - $45.35

Q3 2018

Shares 86,220 Value ($000) $3,401 Avg Close $39.18 Range $37.17 - $40.95

Q2 2018

Shares 92,510 Value ($000) $3,599 Avg Close $38.31 Range $34.95 - $40.73

Q1 2018

Shares 120,705 Value ($000) $4,617 Avg Close $36.63 Range $33.75 - $40.55

Q4 2017

Shares 112,070 Value ($000) $4,533 Avg Close $42.90 Range $39.75 - $46.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2018	30,110	$1,237	$40.99	$37.67 - $45.35
Q3 2018	86,220	$3,401	$39.18	$37.17 - $40.95
Q2 2018	92,510	$3,599	$38.31	$34.95 - $40.73
Q1 2018	120,705	$4,617	$36.63	$33.75 - $40.55
Q4 2017	112,070	$4,533	$42.90	$39.75 - $46.00