PNM RES INC

Ticker: TXNM CUSIP: 69349H107 Class: EQTY

Freedom Investment Management, Inc.'s Holding History (CIK: 0001566653)

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

Q1 2018

Shares 5,828 Value ($000) $223 Avg Close $36.63 Range $33.75 - $40.55

Q4 2017

Shares 5,787 Value ($000) $234 Avg Close $42.90 Range $39.75 - $46.00

Q3 2017

Shares 5,215 Value ($000) $210 Avg Close $40.66 Range $37.23 - $43.05

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2018	5,828	$223	$36.63	$33.75 - $40.55
Q4 2017	5,787	$234	$42.90	$39.75 - $46.00
Q3 2017	5,215	$210	$40.66	$37.23 - $43.05