ADX News and Press, Adams Diversified Equity Fund Inc. From 04/10/23

2023-04-10 11:45:58 ET Summary SPE regularly trades at a discount, but that discount has been widening significantly. The fund suffered in 2022, as did most equities and bonds, but held up relatively better than the market. With a larger weighting to CEFs, the fund also had to...

2023-03-30 05:00:49 ET On the surface, investing through an index fund sounds great. It’s simple, cheap and, as you’ve likely heard over and over , few active managers beat their benchmarks anyway. But we closed-end fund (CEF) investors know better. Truth is, there...

Summary The ADX fund has been in operation since 1929. It provides long-term capital appreciation and high current distributions from a portfolio of diversified equities. The ADX fund pays a 6%+ distribution yield. The fund may appeal to long-term income-oriented investors who don't...

Summary If you love income and hate volatility, JEPI is hard to ignore. But if you want to maximize long-term income and total returns, JEPI should be totally avoided. We review JEPI's strategy and offer our opinion on who should (and who should NOT) consider investing. We share...

Summary FOF takes an approach of investing in other funds, primarily closed-end funds but also exchange-traded funds, too. This makes it a one-stop shop for instant and broad diversification across a diverse pool of different asset classes, sectors and industries. Unfortunately, at ...

BALTIMORE, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX), one of the nation’s oldest closed-end funds, today announced that D. Cotton Swindell has been elected President of the Fund effective upon CEO and President Mark Stoeckle’s retirement in Ap...

BALTIMORE, Jan. 25, 2023 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) today announced that Gregory W. Buckley has been elected Executive Vice President and a Portfolio Manager of the Fund effective upon CEO Mark Stoeckle’s retirement in April. Mr. Buckley joined A...

Adams Diversified Equity Fund ( NYSE: ADX ) declares $0.10/share dividend . The year-end distribution consists of $0.03 net investment income, $0.03 short-term capital gain, and $0.02 long-term capital gain, all realized in 2022, and $0.02 net investment income realized in 2023. ...

BALTIMORE, Jan. 19, 2023 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) announces the Fund’s investment returns for 2022. “In a difficult year for the broader market, significant exposure to energy generated a 44.9% return for our Fund,” said Mark Stoeckle...

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...