About five months after coming out of semiretirement to train the new managers of Royce Opportunity ROFIX in the wake of his successors’ surprising resignations, strategy architect Buzz Zaino will return to senior advisor status at the end of October 2021. Royce Investment Partners also said it had hired a new assistant manager for the strategy, but the news doesn’t change the fund’s pillar ratings or overall Morningstar Analyst Rating.
Will ROFIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ROFIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the ROFIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of ROFIX’s parent organization’s priorities and whether they’re in line with investors’ interests.