Energy / Resources Funds
Investing in energy / resources stocks can be done through individual stocks, and investment funds (mutual funds, closed end funds, & exchange traded funds). Energy or resources stocks are essential in core investment. These stocks may provide income and growth opportunity.Using investment funds such as closed end funds (CEFs), investors can enhance their return. Closed end funds are typically traded at discount from their NAV (Net Asset Value). These funds may invest in energy sector or natural resource sectors. Some of the popular companies include Exxon Mobil, Chevron, Newmont, etc.
Closed End Funds
Investing in closed end funds can be done through your brokerage. You can buy and sell these funds through your online stocks broker hence they are traded on stock exchanges such as NYSE or NASDAQ.The list is sorted based on the funds’ YTD performance in 2014. You can find fund review and information in this article. Other information such as expense ratio, management, top holdings, top sector, and shares price can be found as well.
Best energy/ resources closed end funds 2014 are:
- GAMCO Global Gold Natural Resources & Income
- Tortoise Pipeline & Energy
- ASA Gold and Precious Metals
- Cushing Renaissance Fund
- First Trust Energy Infrastructure Fund
- BlackRock Energy & Resources
- Petroleum & Resources
- BlackRock Real Asset Equity
- BlackRock EcoSolutions
GAMCO Global Gold Natural Resources & Income (GGN)
GAMCO Global Gold Natural Resources & Income fund is part of Gabelli Funds Inc. This closed end fund invests mainly in equity securities issued by gold and natural resources industries and through utilizing an options strategy. It has a high yield of 9.75%. The expense ratio fee is 1.35%.More: Top Performing Precious Metals Closed End Funds 2014
While Morningstar has ranked this top energy / resources closed end fund with 1 star rating, the YTD return in 2014 is 29.62%. Top 3 stocks in its holdings are Randgold Resources Ltd ADR, Goldcorp Inc, and Royal Gold Inc. Top 3 country allocations are North America region (74%), European developed and Latin America region.
Tortoise Pipeline & Energy (TTP)
Tortoise Pipeline & Energy fund utilizes its assets to buy stocks of pipeline and other energy infrastructure companies. The total net assets are $490 million. Its annual expense ratio fee is 1.60%. The current share price is $34.59.For the past 1 year, this best energy/ resources fund has total return of 26.73%. Top 4 stocks are Spectra Energy Corp, Williams Companies Inc, ONEOK Inc, and CenterPoint Energy. The fund’s annual portfolio turnover rate is 31.40%.
ASA Gold and Precious Metals (ASA)
ASA Gold and Precious Metals fundis traded at 8.21% discount to its NAV. The fund’s objective is to provide capital growth by investing in companies engaged in the exploration, mining or processing of precious minerals, or held as bullion or precious minerals. The fund manager is David, J Christensen since 2007. Its expense fee is 0.81%.More: iPath S&P MLP ETN (IMLP)
In 2014, this top resources fund has YTD return of 19.59%. This stock fund has returned -18.66% over the past 3 year, and -4.92% over the past 5 year. There are 30 holdings in its assets.
BlackRock Energy & Resources (BGR)
BlackRock Energy & Resources fund has a dividend yield of 5.97%. With $876 million of assets, this stock fund doesn’t use leverage to enhance its performance. The current share price is $27.14. Top 5 stocks in its assets are Royal Dutch Shell Plc ADR, Chevron Corp, Exxon Mobil Corporation, Conocophillips, and BP Plc ADR.More: Top 8 Energy Sector Equity Mutual Funds
This energy stock fund has returned 26.51% over the past 1 year, 7.99% over the past 3 year, and 16.19% over the past 5 year.
Energy/ Resources Fund Performance
| No | Fund Name | Ticker | NAV Price | Yield | Assets | YTD Return |
|---|---|---|---|---|---|---|
| 1 | GAMCO Glb Gold Natural Res&Inc | GGN | $10.78 | 9.75% | $1,179M | 29.62% |
| 2 | Tortoise Pipeline & Energy | TTP | $40.16 | 4.71% | $346M | 24.89% |
| 3 | ASA Gold and Precious Metals | ASA | $15.95 | 1.16% | $282M | 19.59% |
| 4 | Cushing Renaissance Fund | SZC | $31.99 | 5.84% | $170M | 15.67% |
| 5 | First Trust Energy Infra. Fund | FIF | $26.20 | 5.68% | $408M | 15.54% |
| 6 | BlackRock Energy & Resources | BGR | $29.46 | 5.97% | $808M | 15.38% |
| 7 | Petroleum & Resources | PEO | $36.82 | 6.01% | $837M | 15.03% |
| 8 | BlackRock Real Asset Equity | BCF | $10.84 | 7.41% | $540M | 12.68% |
| 9 | BlackRock EcoSolutions | BQR | $9.38 | 8.58% | $105M | 11.08% |
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