Adams Diversified Equity Fund
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 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 24 | Existing positions closed: 12
5% more funds holding
Funds holding: 157 [Q2] → 165 (+8) [Q3]
8.55% less ownership
Funds ownership: 29.24% [Q2] → 20.68% (-8.55%) [Q3]
13% less funds holding in top 10
Funds holding in top 10: 8 [Q2] → 7 (-1) [Q3]
23% less repeat investments, than reductions
Existing positions increased: 46 | Existing positions reduced: 60
29% less capital invested
Capital invested by funds: $777M [Q2] → $551M (-$226M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for ADX.
Financial journalist opinion
Based on 6 articles about ADX published over the past 30 days
Positive
Seeking Alpha
2 days ago
Where I'd Invest $500,000 Today, For My Retirement Income
Starting a new investing method? Let's see how I would start building my income portfolio from the ground up. Income is a massive priority – capital preservation and growth are key as well. We dig into different sectors and our outlook on their future.
Neutral
GlobeNewsWire
4 days ago
Adams Diversified Equity Fund Declares Distribution
BALTIMORE, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) has declared a distribution of $0.47 per share payable February 28, 2025 to shareholders of record on January 27, 2025, including $0.03 net investment income, $0.12 short-term capital gain, and $0.19 long-term capital gain realized in 2024 and $0.13 from 2025 sources. The full distribution is optionally payable in additional shares of common stock (default) or in cash by specific stockholder election received before 4 p.m. (ET) on February 14, 2025, the valuation date. The issue price for shares will be the Fund's closing NYSE market price on the valuation date.
Neutral
GlobeNewsWire
5 days ago
Adams Diversified Equity Fund Announces 2024 Performance
BALTIMORE, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announces the Fund's investment returns for 2024. The total return on the Fund's net asset value for 2024 was 23.6%, with dividends and capital gains reinvested. The comparable figures for the S&P 500 Index and Morningstar U.S. Large Blend Category were 25.0% and 22.7%, respectively. The total return on the Fund's market price for the period was 28.1%.
Positive
Seeking Alpha
1 week ago
ADX: Updated Distribution Policy Makes This A Better Choice For Retirees
Adams Diversified Equity Fund focuses on long-term capital appreciation and consistent income through a diversified portfolio of high-quality stocks. The fund is essentially comprised of constituents of the S&P 500, so the portfolio naturally leans heavily towards technology companies. The distribution policy has been updated and investors should be able to experience more consistent quarterly payouts. This increases the appeal for retired investors seeking consistent income.
Positive
Seeking Alpha
2 weeks ago
2 Dirt-Cheap Bargains, +8% Yield
A simple two-fund approach to market-beat income and capital preservation. These funds have outlived most of you already and keep on providing valuable income. Reap cash rewards from being an income investor.
Positive
Seeking Alpha
3 weeks ago
5 Best CEFs This Month For 9% Yield (December 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.
Positive
Seeking Alpha
1 month ago
ADX: The Last Big One
Adams Diversified Equity Fund (ADX) offers S&P 500-like exposure with a higher distribution yield, currently at a minimum of 8% annual policy implemented earlier this year. The fund's discount remains appealing at a double-digit level but is probably trading at what could be considered the new average given the distribution policy change. Along with the broader equity market continuing to hit new all-time highs as measured by the S&P 500 Index, it would suggest that ADX isn't a particular bargain.
Positive
Forbes
1 month ago
Thank Wealth Managers For These 8%+ Dividends
I know that plenty of our readers are self-directed investors who love nothing more than to build—and run—their own portfolios. Digging into a fund's prospectus and annual reports is something they look forward to.
Positive
Seeking Alpha
1 month ago
5 Best CEFs This Month For 8.5% Yield (November 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.
Positive
Seeking Alpha
1 month ago
Potential $5,000 Monthly Income: 10 Investments To Buy And Hold For Next 10 Years
We present a highly diversified yet simple portfolio of 10 positions, with 9 funds and one individual MLP stock. The portfolio has been designed for retirees and investors planning for retirement, with a 6% current income yield and potentially 6% plus dividend growth. The portfolio presented uses a hands-off approach, and it is diversified among many asset classes as well as different sectors of the economy to be able to withstand different economic cycles in the next 10 years.
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