The Royalty Exchange Yield

The chart below represents the yield on the current purchases at TRE.

Normally, the yield would be based on 12 months. Since we don’t have 12 months of royalty data, all figures are based on what has been paid to date.

Auction Items

Q4 2011

Q1 2012

Q2 2012

Q3 2012

Income

Price

Yield

AWOL Catalog

$2,025.88

$2,222.94

$1,578.43

$5,827.25

$30,000.00

19.4%

Bambi Collection

$31.79

$32.94

$35.39

$29.37

$129.49

$1,100.00

11.8%

Club Nouveau Catalog – Digital Royalties

$1,256.00

$1,031.70

$2,287.70

$22,000.00

10.4%

Eric Benet Catalog

$516.03

$516.03

$10,500.00

4.9%

Johnny Britt Collection

$1,425.94

$641.32

$2,067.26

$23,300.00

8.9%

Preston Glass Collection

$2,242.11

$4,468.13

$3,963.87

$10,674.11

$70,000.00

15.2%

Preston Glass Collection V2

$584.22

$234.55

$818.77

$22,740.00

3.6%

The Disney Catalog

$2,214.35

$1,185.38

$1,326.94

$913.87

$5,640.54

$34,788.00

16.2%