"We recommend small-cap growth be a part of every subscriber's fund portfolio," writes Value Line in its recent Mutual Fund Survey. It takes a closer look at three small-cap growth funds, including Royce Opportunity Fund (RYPNX). "Management monitors companies for 'opportunistic situations' such as turnarounds, emerging growth firms with interrupted earnings patterns, businesses with unrecognized asset values, and undervalued growth companies." Currently closed to new investors, Royce Opportunity Fund (RYPNX) is managed by Buzz Zaino.