About the Company
Adams Funds, formerly Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. (NYSE: ADX), a publicly traded diversified equity fund, and Adams Natural Resources Fund Inc. (NYSE: PEO), formerly Petroleum & Resources Corp., a publicly traded closed-end fund focused on energy and natural resources stocks. Adams Funds traces its roots to Adams Express Company, a 19th-century freight and cargo transport business that was part of the Pony Express system. It became an investment company in 1929, just prior to the October 1929 stock market crash. Adams survived the Great Depression and is now one of the oldest closed-end funds at 91 years old. The firm uses a disciplined investment process consisting of three core tenets: identifying high-quality companies through a proprietary research process; employing rigorous analysis to assess company fundamentals; and executing a portfolio management strategy focusing on generating long-term capital appreciation. Both funds make investment decisions with an eye toward protecting investors’ principal and generating dividends and capital gains that can be used as a source of income or reinvested to increase investors’ holdings. Both funds have consistently paid dividends for over 80 years and are committed to paying an annual distribution of at least 6%. Adams Express was founded in 1854 and is one of the oldest companies listed on the New York Stock Exchange (NYSE: ADX). It is one of only five companies that has continued to operate as a closed-end fund since 1929. The company has paid dividends continuously since 1935. The Adams Express Building, the former New York headquarters for Adams Express, was constructed beginning in 1912. In 1976, Adams relocated its headquarters to Baltimore, where it is based today. Adams Funds is located in Baltimore, Maryland, with an office in Boston, Massachusetts. Mark E. Stoeckle has been CEO and Senior Portfolio Manager of Adams Funds since joining the firm in 2013.
Fundamental Data and Insider Transactions (Quarterly data) Full Screen
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Latest $ADX News
Adams Diversified Equity Fund Declares Distribution and Announces First Quarter Performance
The Board of Directors of (NYSE: ADX) today declared a distribution of $.05 per share from net investment income, payable ...
Adams Diversified Equity Fund ADX
We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
William H. Reinhardt Elected Vice President – Research, Adams Diversified Equity Fund
BALTIMORE, Md., April 18, 2024 (GLOBE NEWSWIRE) -- (NYSE: ADX) announced that William H. Reinhardt has been elected Vice ...
ADX: Take Some Chips Off The Table
Adams Diversified Equity Fund (ADX) has performed well, returning over 27% since October. ADX paid a $1.15/share year-end special distribution, exceeding expectations. The analogy to 1999/2000 ...
Adams Diversified Equity Fund Inc.
We rate Adams Diversified Equity Inc at A. Positive factors that influence this rating include a well above average total return and low expense structure. The fund invests approximately 95% of ...
Adams Diversified Equity Closed Fund (ADX)
Here’s some great news as we head into the summer market doldrums: we’ve got a terrific setup to buy, with stocks rallying, economic data strong—and the S&P ...
William H. Reinhardt Elected Vice President - Research, Adams Diversified Equity Fund
BALTIMORE, Md., April 18, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund (NYSE: ADX) announced that William H. Reinhardt has been elected Vice President-Research, effective April 18, 2024. Mr.
Adams Diversified Equity Fund Inc. (ADX)
mutual fund managers, portfolio managers, self managed pension and endowment funds. The report is limited to equity securities, including common and equivalents, convertible preferred and ...
Adams Diversified Equity Fund
U.S. News compares companies to their industry peers based on a variety of company fundamentals, performance metrics and investor preferences to help you find the right stocks for your investing ...
Adams Diversified Equity Closed Fund (ADX)
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all ...
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