VALE S A

Ticker: VALE CUSIP: 91912E105 Class: SPONSORED ADS

Dana Investment Advisors, Inc.'s Holding History (CIK: 0001427514)

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

Q4 2014

Shares 31,807 Value ($000) $260 Avg Close — Range —

Q3 2014

Shares 42,590 Value ($000) $469 Avg Close — Range —

Q2 2014

Shares 42,033 Value ($000) $556 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2014	31,807	$260	—	—
Q3 2014	42,590	$469	—	—
Q2 2014	42,033	$556	—	—