Kovack Advisors, Inc.

Holdings History for ARMOUR RESIDENTIAL REIT INC - COM (ARR)

Symbol: ARR on NYSE
Investment type: Equity / COM

Shares, Excluding Options vs Price

Value, Excluding Options

Holdings date	Weight	Change	Value $	Shares	Change	Activity %	Price	All Holders
30 Jun 2014		-0.18%	$0	0	-12,500	-100%		Q2 2014
31 Mar 2014	0.18%	0%	$51,000	12,500	0		$4.08	Q1 2014
31 Dec 2013	0.27%	0%	$50,000	12,500	0		$4.00	Q4 2013
30 Sep 2013	0.27%	+0.27%	$53,000	12,500	+12,500	NEW	$4.24	Q3 2013
30 Jun 2013		-0.4%	$0	0	-11,500	-100%		Q2 2013
31 Mar 2013	0.4%	+0.4%	$75,000	11,500	+11,500	NEW	$6.52	Q1 2013

* Reported Price is the price of the security as of the portfolio date. This value is significant in that it is the last known price at which the security was still held.
An asterisk sign (*) next to the price indicates that the price is likely invalid.