Adams Diversified Equity Fund (ADX)

$ADX 90 DAYS STOCK PRICE FORECAST

Stock Price

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.

CEO

Mark Stoeckle

Exchange

NEW YORK STOCK EXCHANGE, INC.

Website

http://www.adamsfunds.com/funds/

$20B

Total Revenue

None

Employees

$6B

Market Capitalization

7.86

Price/Earning ratio

Company News

Adams Diversified Equity Fund, Inc. (NYSE:ADX) Shares Bought by Commonwealth Equity Services LLC

4d ago, source: Defense World

Commonwealth Equity Services LLC lifted its holdings in Adams Diversified Equity Fund, Inc. (NYSE:ADX – Get Rating) by 3.6% ...

Adams Diversified Equity Fund Announces First-Half Performance and Declares Distribution

23d ago, source: Yahoo Finance

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 ...

Adams Diversified Equity Fund Announces First-Half Performance and Declares Distribution

23d ago, source: Stockhouse

The total return on the market price of the Fund’s shares for the period was -20.5%. For the twelve months ended June 30, 2022, the total return on Adams Diversified ...

Adams Diversified Equity Fund Announces First-Half Performance and Declares Distribution

23d ago, source: Benzinga.com

The total return on the market price of the Fund's shares for the period was -20.5%. For the twelve months ended June 30, 2022, the total return on Adams Diversified Equity's net asset value ...

Adams Diversified Equity Fund Announces First-Half Performance and Declares Distribution

23d ago, source: Yahoo News Singapore

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 ...

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