THORNBURG INV INC A

Ticker: TIBAX CUSIP: 885215558 Class: NTF EQUITY FUNDS

Janney Montgomery Scott LLC's Holding History (CIK: 0001329948)

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

Q2 2015

Shares 10,809 Value ($000) $230,348 Avg Close — Range —

Q1 2014

Shares 10,809 Value ($000) $230,348 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q2 2015	10,809	$230,348	—	—
Q1 2014	10,809	$230,348	—	—