“3 Dividend-Paying Energy Mutual Funds”
April 13, 2021
“Vanguard Energy Fund Investor Shares
The Vanguard Energy Fund Investor Shares (VGENX) is an actively managed fund that offers exposure to companies engaged in the energy business. This includes companies involved with the production and transmission of energy, manufacturing component products, energy research, and investing in energy conservation and pollution control. Although the fund focuses on energy companies in the U.S. and abroad, up to 100% of its assets may be held in foreign holdings.1…
Fidelity Select Natural Gas Portfolio
The Fidelity Select Natural Gas Portfolio (FSNGX) focuses on capital appreciation and invests in companies engaged in the exploration, production, transmission, and distribution of natural gas. This also includes companies that provide services and equipment to natural gas producers, refineries, cogeneration facilities, converters, and distributors. Normally, at least 80% of fund assets will be invested in the common stock of these types of businesses…
Guinness Atkinson Global Energy Fund
The Guinness Atkinson Global Energy Fund (GAGEX) seeks long-term capital appreciation by investing in companies engaged in the exploration, production, and distribution of oil, gas, and other energy sources. Fund managers look to macro data such as economic indicators and commodity prices to determine asset allocation. It then screens for companies based on valuation, quality, sentiment, and momentum. The fund has the MSCI World Energy Index as its benchmark…”