Making Headlines

Reporter Trang Ho interviews Whitney George, as Portfolio Manager of Royce Value Fund (RYVFX), in the Investor’s Business Daily article, “Small-Cap Funds Resume Lead on Domestic Front” (based on positive small-cap value fund performance through the end of May 2008). Ho explains how the choppy conditions of the past six months have opened up chances for George to buy undervalued small-cap stocks, particularly “technology and energy” names. Ho quotes George: “The market is going to struggle for a while. We’ve come through a credit bubble and bubbles don’t get fixed in six to nine months. It takes years.”