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Fund Spy

The Case for Royce Special Equity

Russel Kinnel

I recently recommended  Royce Special Equity (RYSEX) as a good fund to buy in the current environment. That spurred a reader to politely ask me what I was smoking.

Well, to be specific, he asked what I saw in a fund with such lousy five- and 15-year performance. That’s a good question.

Russel Kinnel has a position in the following securities mentioned above: RYSEX. Find out about Morningstar's editorial policies.