When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
ADX - Adams Diversified Equity: Growth With 6% Target Distribution
Adams Diversified Equity Fund Inc.
Investment thesis
Adams Diversified Equity Fund, Inc. (ADX) is one of two closed end funds offered by Baltimore-based Adams Funds. ADX offers a simple way to invest in some large U.S. growth companies with a target annual distribution of 6%. The fund has a solid long-term track record and in 2019, its 31.6% return on net assets slightly beat the S&P 500. With a price discount to NAV, the 2019 return was 36.6% on a market price basis. ADX pays token distributions in Q1, Q2 and Q3, with the lion's share of