Before the opening bell on Thursday, AOL (AOL) released its first quarter financial results. Here’s what the results mean for mutual fund investors.

Earnings

The company reported earnings of $7 million, or 9 cents per share, down from $9.3 million, or 11 cents per share, last year. Excluding special items, EPS was 35 cents — above analysts’ view of 32 cents.

Revenue
Revenue increased to $625.1 million from $583.30 million. Analysts expected to see revenue of $594.57 million

Shares of AOL were up nearly 12% on Friday, as its results benefited by strong global ad revenue and strong results from its third party business. AOL reported that its third party business revenue increased 18% to over $106 million during the quarter.

Investors interested in AOL may also consider a mutual fund as an alternative to owning the individual stock. The funds below currently hold the largest stakes in AOL.

The funds above are a great way for investors to gain exposure to a diverse bundle of securities and industries. Investors interested in AOL may also be interested in Yahoo! (YHOO).