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Royce Funds Interview
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The rough riding on Wall Street has the folks at Royce Value Plus rubbing their hands with delight: James A. (Chip) Skinner III, who leads the fund with an assist from W. Whitney George, has been scooping up high-quality outfits that have been driven into a ditch.Royce Value Plus (RYVPX) focuses on names in the micro- to mid-cap universe and beat rivals in 2002 through 2006. As of May 28, the $2.7 billion, no-load fund is down 1.45% year-to-date -- but it's running well ahead of the Standard & Poor's 500 index, which has fallen 5%. For the three-year period, the fund is up on average 14.30% a year, versus a 7.10% gain for the broader index, and over five years, it's up 20.74%, versus the S&P's 9.86%.
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hey divy hero.....give us a peak....what's currently in your portfolio?
2 Answers
05.25.12 | 09:11 PM asked by Michael Morse
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