ROYAL GOLD INC

Ticker: RGLD CUSIP: 780287108 Class: COM

Madison Asset Management, LLC's Holding History (CIK: 0001299351)

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

Q4 2020

Shares 21,000 Value ($000) $2,234 Avg Close $115.52 Range $105.73 - $126.64

Q3 2020

Shares 46,500 Value ($000) $5,588 Avg Close $131.33 Range $114.99 - $147.64

Q2 2020

Shares 59,000 Value ($000) $7,335 Avg Close $120.77 Range $86.27 - $139.63

Q1 2020

Shares 59,000 Value ($000) $5,175 Avg Close $103.25 Range $59.78 - $123.34

Q4 2019

Shares 90,175 Value ($000) $11,024 Avg Close $118.30 Range $107.00 - $131.52

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2020	21,000	$2,234	$115.52	$105.73 - $126.64
Q3 2020	46,500	$5,588	$131.33	$114.99 - $147.64
Q2 2020	59,000	$7,335	$120.77	$86.27 - $139.63
Q1 2020	59,000	$5,175	$103.25	$59.78 - $123.34
Q4 2019	90,175	$11,024	$118.30	$107.00 - $131.52