Today we are featuring top-performing “Energy" equity mutual funds, which primarily invest in energy or natural resources companies.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Energy Equity Funds.

3 Power Picks

Nuveen Tradewinds Global Resources A (NTGAX) was incepted in December 2006. It seeks long-term capital appreciation by investing in securities selected using an eclectic, value-oriented process.

The fund invests in securities that appear undervalued due to investor overreaction, misperceptions and short-term focus and that have the prospect of strong or improving business fundamentals.

The fund’s top holdings include Newmont Mining Corp. (NEM), Suncor Energy Inc. (SU) and Newcrest Mining Ltd.

Calvert Global Alternative Energy A (CGAEX) aims to achieve long-term growth of capital by investing at least 80% of its net assets in equity securities of companies involved in alternative energy.

Today we are featuring top-performing "Energy" equity mutual funds, which primarily invest in energy or natural resources companies.

Investors can find such funds by checking out the entire list of the Zacks #1 Rank Energy Equity Funds.3 Power Picks

Nuveen Tradewinds Global Resources A (NTGAX) was incepted in December 2006. It seeks long-term capital appreciation by investing in securities selected using an eclectic, value-oriented process.

The fund invests in securities that appear undervalued due to investor overreaction, misperceptions and short-term focus and that have the prospect of strong or improving business fundamentals.

The fund's top holdings include Newmont Mining Corp. (NEM), Suncor Energy Inc. (SU) and Newcrest Mining Ltd.

Calvert Global Alternative Energy A (CGAEX) aims to achieve long-term growth of capital by investing at least 80% of its net assets in

Mutual Global Discovery A (TEDIX) was incepted in December 1992 and seeks capital appreciation. It may invest all its assets in foreign equity and debt securities, including sovereign debt and participations in foreign government debt, of companies that are trading below their intrinsic value.

The fund invests the equity portion of its portfolio primarily to predominantly in mid- and large cap companies, with the remaining portion of its equity portfolio in smaller companies. As of December 2008, its portfolio turnover was 25.23%.

The fund's top holdings include British American Tobacco Plc (BTI), Wyeth (WYE) and Groupe Danone.

Franklin Strategic Income A (FRSTX) seeks high current income with capital appreciation as a secondary consideration. The fund invests at least 65% of its assets in U.S. and foreign debt securities.

The fund may invest substantially all of its assets in high-yield, lower-quality