ADX News and Press, Adams Diversified Equity Fund Inc. From 09/18/22

Summary PEO invests primarily in oil majors, but also has some other more specific industry exposure. They've put up reasonable results against their benchmarks. The fund has a 6% annual minimum distribution policy. Written by Nick Ackerman, co-produced by Stanford...

Summary FOF is a fairly popular CEF that invests in other closed-end and exchange-traded funds. This provides for plenty of diversification through exposure to just about everything investible. Despite being convenient and a diversifier, the fund's premium continues to be off-...

Adams Funds, comprised of Adams Diversified Equity Fund ( NYSE: ADX ) and Adams Natural Resources Fund ( NYSE: PEO ) said Mark Stoeckle will retire as CEO, effective April 2023. The boards have appointed executive vice president of Adams Diversified Equity Fun...

BALTIMORE, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Adams Funds, comprised of Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO), two of the nation’s oldest closed-end funds, today announced that Mark E. Stoeckle will retire as Chief Executiv...

Closed-End Funds can offer some very attractive distribution payments, but they also come in a wide variety of shapes and sizes. We review the popular Reaves Utility Income Fund, UTG, including a discussion of pros and cons. Then we share two additional big-dividend CEF opportunit...

ADX has a minimum 6% annual distribution policy; this is done through a small quarterly and is topped off at year-end. In 2021, we saw an abnormally large payout that isn't likely to be repeated. The fund has already realized a sizeable amount of gains for the year. Wr...

ADX is an equity-focused CEF that has been around since 1929. The fund invests in a blend of high-quality, large-cap companies and currently shows up with a trailing twelve months 17% dividend yield. When compared to the S&P 500 index, ADX has a similar Sharpe ratio and a lowe...

BALTIMORE, July 21, 2022 (GLOBE NEWSWIRE) -- The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) today declared a distribution of $.05 per share from net investment income payable September 1, 2022, to shareholders of record August 18, 2022. This represents the third p...

Over the last 12 months, the Special Opportunities Fund has suffered less of a decline than the S&P 500 on a total return basis. Performance over 3 years and longer shows clear underperformance compared to the S&P 500. The objective of the fund is to achieve equity like re...

ADX is a plain vanilla equity fund that mostly mirrors the S&P 500, with significantly less holdings. The bit of a twist is the annual year-end special distribution that the fund pays out. As an income investor, I view this as a way to give myself a bonus at the end of the yea...