2024-06-20 15:38:25 ET
Summary
- Adams Diversified Equity Fund has seen its discount narrow after announcing an increase in its managed distribution policy and tender offer.
- ADX's new distribution policy should offer investors a more smoothed-out distribution throughout the year each quarter.
- The fund's correlation with the S&P 500 Index presents an opportunity for alpha through the tender offer, but as always, there are risks to consider.
Written by Nick Ackerman, co-produced by Stanford Chemist.
Since our prior coverage , Adams Diversified Equity Fund ( ADX ) has performed incredibly well....
Read the full article on Seeking Alpha
For further details see:
ADX: Opportunity Exists