Best-Performing Stock Mutual Funds

Energy and natural-resource funds outperformed in April.
By Kevin Baker ,

With gasoline continuing to hit record levels, it's hardly a surprise that the group of energy and natural-resource stock mutual funds averaged the highest one-month return based on April 30 data.

The best performing open-end stock mutual fund in each objective is listed below, ranked by the average one-month total return for each fund category.

Of the 17 types of stock mutual funds listed below, energy and natural resources top the list, averaging 9.18% for the 48 similarly focused funds.

The best performing member of this group is the 150% leveraged, B- rated

ProFunds-Oil & Gas UltraSector Inv ProFund

(ENPIX) - Get Report

, which gained 16.44% in April.

Exxon Mobil

(XOM) - Get Report

,

Chevron

(CVX) - Get Report

,

ConocoPhillips

(COP) - Get Report

and

Schlumberger

(SLB) - Get Report

are the largest holdings of this fund.

For more on energy funds,

check out this recent article

.

Next up is the best of the 87 technology and communications sector funds, the E- rated

Fidelity Select Networking and Infrastructure Portfolio

(FNINX)

, which added 11.52% in April.

Cisco Systems

(CSCO) - Get Report

,

Juniper Networks

(JNPR) - Get Report

and

Marvell Technology Group

(MRVL) - Get Report

are the top three holdings.

However, 48.29% from

Switch & Data Facilities

(SDXC)

, 43.75% from

Allot Communications

(ALLT) - Get Report

and 39.18% from

Arris Group

(ARRS) - Get Report

represented some of the fastest-advancing positions during the month.

You can find more tech-fund ideas

here

.

The unrated

Profunds UltraEmerging Markets ProFund

(UUPIX) - Get Report

tracks 200% of the performance of the Bank of New York Emerging Markets 50 ADR Index.

This is the top-performing emerging-market equity fund out of the 104 funds, which as a group averaged 7.43% for the month.

While the exact holdings are not disclosed, the one-month return of 22.74% and the one-year return of 50.09% do make a statement.

For an explanation of our ratings,

click here

.

Kevin Baker became the senior financial analyst for TSC Ratings upon the August 2006 acquisition of Weiss Ratings by TheStreet.com, covering mutual funds. He joined the Weiss Group in 1997 as a banking and brokerage analyst. In 1999, he created the Weiss Group's first ratings to gauge the level of risk in U.S. equities. Baker received a B.S. degree in management from Rensselaer Polytechnic Institute and an M.B.A. with a finance specialization from Nova Southeastern University.

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