2 top mutual funds specializing in energy stocks

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Posted: Apr 28, 2011 5:39 PM
2 top mutual funds specializing in energy stocks

The recent rise in oil prices has boosted profits at many energy companies, lifting the returns of mutual funds that specialize in energy stocks. Those funds have returned an average 26 percent over the past 12-month period, according to Morningstar.

Below are two energy stock funds that Morningstar deems Analyst Picks within the category of just under 100 funds. The designation signifies Morningstar's recommendation of funds it expects to perform well in the future, as opposed to Morningstar's quantitative star-rating system that analyzes a fund's track record.

The two are:

1. Vanguard Energy (VGENX)

12-MONTH RETURN: 27.6 percent

3-YEAR ANNUALIZED LOSS: -1.1 percent

5-YEAR ANNUALIZED RETURN: 7.4 percent

10-YEAR ANNUALIZED RETURN: 14.9 percent

FUND ASSETS: $14.9 billion

MANAGERS: Karl Bandtel, James Troyer

EXPENSE RATIO: 0.34 percent

UPFRONT SALES CHARGE: None

MINIMUM INITIAL INVESTMENT: $25,000

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2. BlackRock Energy & Resources (SSGRX)

12-MONTH RETURN: 31 percent

3-YEAR ANNUALIZED LOSS: -1.4 percent

5-YEAR ANNUALIZED RETURN: 6 percent

10-YEAR ANNUALIZED RETURN: 18.4 percent

FUND ASSETS: $2 billion

MANAGERS: Dan Rice, Denis Walsh

EXPENSE RATIO: 1.35 percent

UPFRONT SALES CHARGE: 5.25 percent

MINIMUM INITIAL INVESTMENT: $1,000

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Note: Data through April 27