ADX News and Press, Adams Diversified Equity Fund Inc. From 12/26/22

Don’t lament the lack of a Santa Claus rally this year, because it comes with a bright silver lining: we dividend investors have more time to pick up big yields on the cheap. Here’s why: America’s economy is still growing, with analysts booking forecasts for 3.7% earnings...

Summary PEO and BGR are the second and third-best performing funds on a total NAV return basis through the end of November. On a total share price return basis through the end of November, they've still done well, as the third and fourth best performing, respectively. Both of these,...

Summary In "normal" markets we often have a choice between earning our target returns (8-10%) either through (1) high-yield, low-growth fixed income investments, or (2) low-yield, higher growth equity investments. The former (credit investments, like bonds and loans) tend to be taxed at...

Summary We share data on many of the biggest and most-popular big-yield CEFs. We have a special focus on Guggenheim's widely-popular Strategic Opportunities Fund (GOF), currently yielding over 13%, but trading at a large premium to its net asset value. We also review a popular lever...

BALTIMORE, Dec. 07, 2022 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) has determined that $15.01 per share is the issue price for the closed-end fund’s year-end distribution to shareholders who have elected to receive all or a portion of the distribution in the form ...

Adams Diversified Equity Fund ( NYSE: ADX ) declares $0.92/share special dividend . The year-end distribution consists of $0.06 per share from 2022 net investment income; and $0.86 per share from net capital gains realized during 2022, of which $0.00 was short-term ...

Summary General American Investors (GAM) uses a concentrated investment strategy that dates back to 1927. There are at least 3 other CEFs with that length of history. For investors looking for a fund that consistently provides better results than the SPDR S&P 500 Trust ETF (SP...

Summary The Tri-Continental Corporation (TY) is another CEF that dates back to 1929. It seeks to invest in stocks of large-cap companies, but may invest in fixed income assets too. This article covers TY in detail and I compare its results against three other investment choic...

Summary This impressive closed-end fund offers big distribution yield of at least 6% each year, and usually more. It also trades at a very large and attractive discount (-14.1%) as compared to its net asset value. It's been paying big distributions for over 80 years straight, ...

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...