In this piece, we will take a look at the 5 best mutual fund managers 2022 and their top stock picks. If you want to read our take on the best mutual fund managers, then head on over to Best mutual fund managers 2022 and Their Top Stock Picks.
5. Goldman Sachs Energy Infrastructure Fund Class P (NASDAQ:GAMPX)
Full-year 2022 gain: 21.37%
Expense ratio: 1.09%
TTM Yield: 3.90%
With about $389.18 million in assets under management, Goldman Sachs Energy Infrastructure Fund Class P (NASDAQ:GAMPX) returned 21.37% in 2022. The fund invests at least 80% of its total holdings in US and non-US equity or fixed-income securities issued by energy infrastructure companies. Consequently, it mostly concentrates its investments in the energy sector.
The energy sector accounts for 97% of Goldman Sachs Energy Infrastructure Fund Class P (NASDAQ:GAMPX)’s total holdings, followed by utilities at 1.42% and Basic Materials. Cheniere Energy, Inc. (NYSE:LNG), Targa Resources Corp (NYSE:TRGP), Enbridge Inc. (NYSE:ENB), and Energy Transfer LP (NYSE:ET) account for the biggest holdings of the mutual fund
4. Vanguard Energy Fund (NASDAQ:VGENX)
Full-year 2022 gain: 23.69%
Expense ratio: 0.46%
TTM Yield: 4.67%
Vanguard Energy Fund (NASDAQ:VGENX) is a four-star mutual fund, according to Morningstar, with $5.60 billion in assets under management. Managed by Thomas Levering, the fund invests in US and non-US companies engaged in energy-related energy services such as producing and transmitting energy and energy fuels.
Holdings in ConocoPhillips (NYSE:COP), Shell plc (NYSE:SHEL), BP p.l.c. (NYSE:BP), Engie SA, and Total Energies SE (NYSE:TTE) account for the biggest weight of the mutual fund. It was one of the best-performing funds returning 23.69% in 2022.
3. Goldman Sachs MLP Energy Infrastructure Fund (NASDAQ:GMNPX)
Full-year 2022 gain: 26.17%
Expense ratio: 2.21%
TTM Yield: 6.59%
Goldman Sachs MLP Energy Infrastructure Fund (NASDAQ:GMNPX) is a mutual fund managed by Kyri Loupis, a Mathew Cooper, focusing on North American energy sector investments. It mostly invests in energy infrastructure assets that satisfy energy needs, including pipelines, storage tanks, and processing.
Energy Transfer LP (NYSE:ET), MPLX LP (NYSE:MPLX), Western Midstream Partners, LP (NYSE:WES), and Enterprise Products Partners .LP. (NYSE:EPD) account for the fund’s biggest holdings in the energy sector. As the companies benefited from high energy prices in 2022, the mutual fund generated a 26.17% return making it one of the best performing.
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).
1. AQR Style Premia Alternative Fund (NASDAQ:QSPNX)
Full-year 2022 gain: 30.28%
Expense ratio: 1.77%
TTM Yield: 21.41%
AQR Style Premia Alternative Fund (NASDAQ:QSPNX) is a mutual fund that seeks to deliver attractive risk-adjusted returns with low correlation to traditional stock and bond portfolios. It invests in a broad and diversified range of alternative risk assets, from stocks to equity indices, fixed income, commodities, and currencies.
Cliff Asness is the managing and founding principal, assisted by Jordan Brooks and Andrea Frazzini. AQR Style Premia Alternative Fund (NASDAQ:QSPNX) has significant exposure to the industrial and financial sectors. Some of its biggest holdings are in Leonardo SpA (OTCMKTS:FINMF), Tenaris S.A. (OTCMKTS:TNRSF), Stellantis N.V. (NYSE:STLA), and Assicurazioni Generali S.p.A. (G.MI)
AQR Style Premia Alternative Fund (NASDAQ:QSPNX) was on an impressive run in 2022, returning 30.28% and outperforming the S&P 500, which was down by about 19%.
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