Mutual Fund Leaderboard: Portfolios Get Energized

Photographer: Karen Bleier/AFP via Getty Images

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Photographer: Karen Bleier/AFP via Getty Images

Tanks at an oil well near Tioga, North Dakota.

Mutual funds that rode a wave of oil and gas were among top performers in the year’s second quarter.

When Bloomberg Rankings screened fund categories to find portfolios with at least $250 million in assets and total returns of at least 10 percent for the quarter ended June 30, 11 names popped up. Portfolios focused on master-limited partnerships (MLPs), which invest largely in pipelines, won big; the two in this ranking rose 19.9 percent and 18.2 percent, respectively.

Two funds featured in Bloomberg's first-quarter fund ranking made a repeat showing: Matthews India, which slipped a notch, and Fidelity Select Electronics Portfolio, which fell from No. 3 to No. 11. And three of the funds had the same stock as their top performer in the second quarter -- U.S. Silica Holdings, a producer of industrial minerals that sells to the oil and gas industry, among others.

Here are the top performers across categories, each with its second quarter and year-to-date returns, biggest holding (based on the latest data available) and best-performing holding for the second quarter.

11. Fidelity Select Electronics Portfolio/FSELX

Second-quarter total return: 10.3%

Investment focus: Technology

Assets: $1.8 billion

Year-to-date (YTD) return: 23.4%

Biggest holding: Intel Corp. (INTC), 10.7% of fund; up 20.7%

Best-performing holding: Wolfson Microelectronics Plc (WLF:LN), up 72.8%

10. Cambiar Aggressive Value Fund/CAMAX

Second-quarter total return: 10.5%

Investment focus: Foreign value

Assets: $259 million

YTD return: 13.7%

Biggest holding: PBF Energy Inc. (PBF), 6.2% of fund; up 4.3%

Best-performing holding: U.S. Silica Holdings, Inc. (SLCA), up 45.6%

9. Dreyfus Emerging Markets Fund/DRFMX

Second-quarter total return: 10.6%

Investment focus: Emerging market stock

Assets: $815 million

YTD return: 9.1%

Biggest Holding: Samsung Electronics Co., Ltd. (005930:KS), 3.8% of fund; down 1.6%

Best-performing holding: India Cements Ltd. (ICEM:IN), up 96.1%

7. (TIE) Franklin Strategic Series - Franklin Natural Resources Fund/FRNRX

Second-quarter total return: 10.8%

Investment focus: Basic materials

Assets: $846 million

YTD return: 15.8%

Biggest holding: Schlumberger Ltd. (SLB), 4.7% of fund; up 21.4%

Best-performing holding: Nautilus Minerals, Inc. (NUS), up 140.9%

7. (TIE) Bruce Fund Inc./BRUFX

Second-quarter total return: 10.8%

Objective: Moderate allocation

Assets: $540 million

YTD return: 17.4%

Biggest holding: AMERCO (UHAL), 10.4% of fund; up 25.3%

Best-performing holding: EDAP TMS SA (EDAP); up 74.1%

5. (TIE) Williston Basin/Mid-North America Stock Fund/ICPAX

Second-quarter total return: 11.5%

Investment focus: North American region

Assets: $963 million

YTD return: 17.5%

Biggest holding: Helmerich & Payne, Inc. (HP), 5.8% of fund; up 8.6%

Best-performing holding: U.S. Silica Holdings, Inc. (SLCA), up 45.6%

5. (TIE) T Rowe Price New Era Fund/PRNEX

Second-quarter total return: 11.5%

Investment focus: Thematic sector

Assets: $4.7 billion

YTD return: 14.9%

Biggest holding: Royal Dutch Shell Plc (RDSA:NA), 3% of fund; up 15.4%

Best-performing holding: U.S. Silica Holdings, Inc. (SLCA), up 45.6%

4. Eagle MLP Strategy Fund/EGLAX

Second-quarter total return: 18.2%

Investment focus: Master-limited partnerships

Assets: $791 million

YTD return: 20.8%

Biggest holding: Kinder Morgan Management, LLC (KMR), 5.8% of fund; up 12.2%

Best-performing holding: Williams Companies, Inc. (WMB), up 44.7%

3. Matthews India Fund/MINDX

Second-quarter total return: 18.7%

Investment focus: India

Assets: $644 million

YTD return: 35.9%

Biggest Holding: Kotak Mahindra Bank Ltd. (KMB:IN), 5.9% of fund; up 13.1%

Best-performing holding: Ashok Leyland Ltd. (AL:IN), up 54.3%

2. Van Eck International Investors Gold Fund/INIVX

Second-quarter total return: 19%

Investment focus: Precious metals

Assets: $828 million

YTD return: 36%

Biggest holding: Osisko Mining Corp., 10.1% of fund; up 25.6% (Company was acquired by Agnico Eagle Mines Ltd. and Yamana Gold Corp. in mid-June)

Best-performing holding: Gold Road Resources Ltd. (GOR:AU), up 75.8%

1. Salient MLP & Energy Infrastructure Fund II/SMAPX

Second-quarter total return: 19.9%

Investment focus: Energy

Assets: $1.15 billion

Year-to-date return: 24.2%

Biggest holding: Targa Resources Corp. (TRGP), 7% of fund; up 41.5%

Best-performing holding: Kinder Morgan Inc. warrant, up 58%

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