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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Comments

  • This is king of weird. All the money Royce has from selling his soul and he is putting only 50k and then 5k for other "challenges"'on the line?
  • If DPFDX only has $9.4M in AUM after 5 years of operation, even Charles Royce does not really believe in the fund as he obviously has not invested a significant amount of his net worth in the fund. As I see it, this fund continues to be a laggard and should have been liquidated by the directors a long time ago if they were doing their job. It would make much more sense for folks to invest in VOE (ER 0.10%) -- which has beaten DPFDX over all periods over the last 5 years -- and make tax-deductible donations to charities.

    Kevin
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