ROYAL GOLD INC

Ticker: RGLD CUSIP: 780287108 Class: COM

ICON ADVISERS INC/CO's Holding History (CIK: 0001058470)

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

Q4 2017

Shares 10,000 Value ($000) $821 Avg Close $85.67 Range $78.25 - $90.13

Q3 2017

Shares 26,000 Value ($000) $2,237 Avg Close $86.58 Range $76.15 - $94.39

Q2 2017

Shares 41,000 Value ($000) $3,205 Avg Close $75.30 Range $67.10 - $81.29

Q1 2017

Shares 41,000 Value ($000) $2,872 Avg Close $67.82 Range $61.00 - $73.16

Q4 2016

Shares 25,000 Value ($000) $1,584 Avg Close $68.08 Range $60.21 - $79.50

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2017	10,000	$821	$85.67	$78.25 - $90.13
Q3 2017	26,000	$2,237	$86.58	$76.15 - $94.39
Q2 2017	41,000	$3,205	$75.30	$67.10 - $81.29
Q1 2017	41,000	$2,872	$67.82	$61.00 - $73.16
Q4 2016	25,000	$1,584	$68.08	$60.21 - $79.50