5 Best Mutual Fund Managers of 2022 and Their Top Stock Picks

2. Hennessy Midstream Fund (NASDAQ:HMSFX)

Full Year 2022 Gain: 28.82%
Expense ratio: 1.76%
TTM Yield: 10.65%

Hennessy Midstream Fund (NASDAQ:HMSFX) is one of the mutual funds that benefited from the outperformance of the energy sector as oil prices powered through the $ 100-a-barrel level in 2022. The fund, which seeks capital appreciation through distribution growth and current income, allocated at least 80% of its net assets to midstream energy infrastructure companies.

Benton D Cook and L Joshua Win were the fund managers that steered to fund into returning 28.82% in 2022. Some of Hennessy Midstream Fund (NASDAQ:HMSFX)’s biggest holdings include Energy Transfer LP (NYSE:ET), Plains All American Pipeline, L.P. (NASDAQ:PAA), Enterprise Products Partners L.P. (NYSE:EPD), and MPLX LP (NYSE:MPLX).