"Turbulent markets over the past year are creating more opportunities for value-conscious managers," reports Stacy Rapacon in the recent Kiplinger.com article, "Three Small-Company Value Funds Reopen". Royce Opportunity Fund (RYPNX) is among the trio of funds Rapacon highlights.
She quotes Portfolio Manager Buzz Zaino on the Fund's first-quarter reopening: "With lots of good values out there, I would like to take advantage of the opportunities."
Assistant Portfolio Manager Bill Hench also confides that he and Zaino have found opportunities in the "beaten-down financial sector" and in "consumer-related stocks." View the Fund's industry sector holdings as of March 31, 2008.