THORNBURG INTL VALUE FUND -I

Ticker: TGVIX CUSIP: 885215566 Class: GLOBAL VALUE I

MOTCO's Holding History (CIK: 0001306333)

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

Q1 2016
Shares 25,670 Value ($000) $607 Avg Close — Range —
Q4 2015
Shares 66,940 Value ($000) $1,655 Avg Close — Range —
Q3 2015
Shares 208,219 Value ($000) $5,839 Avg Close — Range —
Q2 2015
Shares 209,661 Value ($000) $6,451 Avg Close — Range —
Q1 2015
Shares 302,461 Value ($000) $8,917 Avg Close — Range —
Q4 2014
Shares 371,973 Value ($000) $10,195 Avg Close — Range —
Q3 2014
Shares 459,107 Value ($000) $13,971 Avg Close — Range —
Q2 2014
Shares 812,430 Value ($000) $25,201 Avg Close — Range —
Q1 2014
Shares 1,053,658 Value ($000) $32,221 Avg Close — Range —
Q4 2013
Shares 1,042,151 Value ($000) $33,412 Avg Close — Range —
Q3 2013
Shares 1,008,124 Value ($000) $31,010 Avg Close — Range —
Q2 2013
Shares 965,351 Value ($000) $27,107 Avg Close — Range —