SLM CORP

Ticker: SLM CUSIP: 78442P106 Class: Common Stock

America First Investment Advisors, LLC's Holding History (CIK: 0001308778)

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

Q1 2014

Shares 229,572 Value ($000) $5,620 Avg Close $8.73 Range $7.53 - $9.77

Q4 2013

Shares 252,517 Value ($000) $6,636 Avg Close $9.19 Range $8.55 - $9.58

Q3 2013

Shares 250,323 Value ($000) $6,233 Avg Close $8.73 Range $8.11 - $9.11

Q2 2013

Shares 261,161 Value ($000) $5,970 Avg Close $7.81 Range $6.90 - $9.35

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2014	229,572	$5,620	$8.73	$7.53 - $9.77
Q4 2013	252,517	$6,636	$9.19	$8.55 - $9.58
Q3 2013	250,323	$6,233	$8.73	$8.11 - $9.11
Q2 2013	261,161	$5,970	$7.81	$6.90 - $9.35