Adams Diversified Equity Fund
ADX
Market cap $2.44B

21.86 USD

-0.02

0.09%

At close Oct 17, 4:00 PM EDT

1 day

-0.09%

5 days

1.20%

1 month

3.16%

3 months

-1.97%

6 months

16.65%

Year to date

25.27%

1 year

28.97%

5 years

37.40%

About: Adams Diversified Equity Fund Inc is a diversified investment company. It is an internally-managed closed-end fund. The investment objectives of the company are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. It has a diversified equity portfolio which consists of securities of companies from Energy, Consumer Staples, Information Technology, Financials and other sectors.

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

33% more funds holding in top 10

Funds holding in top 10: 6 [Q1] → 8 (+2) [Q2]

9% more capital invested

Capital invested by funds: $675M [Q1] → $737M (+$61.2M) [Q2]

7% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 15

1% more funds holding

Funds holding: 156 [Q1] → 157 (+1) [Q2]

0.27% less ownership

Funds ownership: 28.01% [Q1] → 27.73% (-0.27%) [Q2]

10% less repeat investments, than reductions

Existing positions increased: 44 | Existing positions reduced: 49

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Research analyst outlook

We haven’t received any recent analyst ratings for ADX.

See Analyst Rankings

Financial journalist opinion

Based on 5 articles about ADX published over the past 30 days

Adams Diversified Equity Fund Reports Nine Month Results

BALTIMORE, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) today announced the Fund's results for the nine months ended September 30th. The total return on Adams Diversified Equity's net asset value, with dividends and capital gains reinvested, was 21.3%. Comparable figures for the S&P 500 and the Morningstar U.S. Large Blend category were 22.1% and 20.4%, respectively. The total return on the market price of the Fund's shares for the period was 24.9%.

Adams Diversified Equity Fund Reports Nine Month Results

2 Picks For High-Yield Investors Who Seek Growth-Like Exposure

Income investors often favor value investments like midstream infrastructure, equity REITs, and blue-chip cash cows for yields between 5% to 8%. Long-term alpha-like returns are unlikely with these assets, but they offer stable income streams that are suitable for defensive retirement portfolios. Some investors might, however, want to combine high yield with growth-like exposure.

2 Picks For High-Yield Investors Who Seek Growth-Like Exposure

5 Best CEFs This Month For 9% Plus Yield (September 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 9% Plus Yield (September 2024)

Seeking +8% Yields In A Lower Rate Environment

Using diversified funds to gain wide exposure and strong income can be a winning income strategy. One of our picks gives exposure to REITs which are primed to strongly benefit from rate cuts. The other pick has over half a century of strong returns and NAV appreciation.

Seeking +8% Yields In A Lower Rate Environment

ADX: 6% Yield That Works In Few Situations

The Adams Diversified Equity Fund has been operating since 1929, offering consistent distributions with a current yield of 6.28%. ADX has historically delivered returns in line with or exceeding the S&P 500, generating slight alpha over the broader market. The investment case for ADX centers on accessing S&P 500-like risks and returns, with primary returns driven by distributions rather than price appreciation.

ADX: 6% Yield That Works In Few Situations

9 Closed-End Fund Buys In The Month Of August 2024

The broader equity market saw declines in early August but ended near all-time highs to finish off the month. I put some capital to work this month at the low, but not as much as I had planned initially, as the market swiftly recovered. Most of the moves this month were corporate action-driven events, primarily the BlackRock tender offers, as we finished up the first measurement period.

9 Closed-End Fund Buys In The Month Of August 2024

Stress And Work Kills, Dividends Provide

Workplaces and stress related to them are a top 5 causes of death in the U.S.; dividends have caused zero fatalities. We look at how dividends can provide for you and your loved ones, without trading your health for wealth. True wealth is one that is recurring, even if you're not working.

Stress And Work Kills, Dividends Provide

These Incredible 10% Dividends Make Money 95% Of The Time

When it comes to investing, there are two critical “bedrocks” we need to keep in mind. Everything else builds out from there.

These Incredible 10% Dividends Make Money 95% Of The Time

This 1-Click Move Gets You 8% Dividends From Everyday Stocks

Just a week ago, I wrote to you about the dangers of investing in a tired investor go-to called the 60/40 portfolio.

This 1-Click Move Gets You 8% Dividends From Everyday Stocks

5 Best CEFs This Month For Nearly 9% Yield (August 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For Nearly 9% Yield (August 2024)

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