PEO
Adams Natural Resources FundPEO
PEO
About: Adams Natural Resources Fund Inc is a closed-end equity investment company specializing in energy and other natural resources stocks. The investment objectives of the fund are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. Its portfolio of investments comprises of different sector investments such as in the energy sector and basic materials.
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
0% more funds holding
Funds holding: 83 [Q2] → 83 (+0) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
3.37% less ownership
Funds ownership: 41.36% [Q2] → 37.99% (-3.37%) [Q3]
10% less capital invested
Capital invested by funds: $249M [Q2] → $225M (-$24.1M) [Q3]
13% less repeat investments, than reductions
Existing positions increased: 28 | Existing positions reduced: 32
Research analyst outlook
We haven’t received any recent analyst ratings for PEO.
Financial journalist opinion
Based on 3 articles about PEO published over the past 30 days
Neutral
GlobeNewsWire
4 days ago
Adams Natural Resources Fund Declares Distribution
BALTIMORE, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) has declared a distribution of $0.53 per share payable February 26, 2025 to shareholders of record on January 27, 2025, including $0.03 net investment income and $0.06 long-term capital gain realized in 2024 and $0.44 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 Natural Resources Fund Announces 2024 Performance
BALTIMORE, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) announces the Fund's investment returns for 2024. The total return on the Fund's net asset value for 2024 was 5.3%, with dividends and capital gains reinvested. The comparable figures for the S&P 500 Energy Sector and the S&P 500 Materials Sector were 5.7% and 0.0%, respectively. Our benchmark, which is comprised of the S&P 500 Energy Sector (80%) and the S&P 500 Materials Sector (20%), returned 4.6%. The total return on the Fund's market price for the same period was 13.8%.
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
PEO: Exposure To The Oil Majors With 9% Yield And 12% Discount
Adams Natural Resources Fund is a closed-end fund that primarily invests in the equities of large U.S. companies in the energy and materials sectors. With the new distribution policy in place, the fund yields over 9%. The high yield and nearly 12% discount to NAV make it an attractive investment for income investors. We would rate the fund as a “hold” for existing owners and a “buy” for new investors as a diversification in the energy sector and exposure to large oil and gas majors at a 12% discount.
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.
Neutral
GlobeNewsWire
2 months ago
Adams Natural Resources Fund Declares Year-End Distribution
BALTIMORE, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) declared today a year-end distribution of $1.03 per share. The total distributions by the Fund for 2024 will be $1.77, including the distributions totaling $0.74 per share made in 2024 prior to today's announcement. The annual distribution rate represented by these distributions is 6.7%.
Neutral
Seeking Alpha
2 months ago
PEO: Energy Exposure At A Double-Digit Discount
Adams Natural Resources Fund (PEO) trades at a meaningful discount to NAV, offering a discount on energy exposure, with a specific concentration in major oil companies like Exxon and Chevron. PEO's announced a new distribution policy of 2% average NAV quarterly payouts earlier this year, helping to reduce the fund's discount as it is smoothing income for investors. The concentration in the portfolio exposure may concern some investors, but the fund is actually more diversified when compared to its ETF peer, XLE.
Positive
Forbes
2 months ago
These 3 Energy Closed-End Funds Are Still On Sale
If you're as bullish on oil as I am, let's look past vanilla bean favorites like Exxon Mobil (XOM) and Chevron (CVX). Great companies but a bit pricey, as they only yield 3% to 4%.
Positive
Seeking Alpha
2 months ago
5 Best CEFs This Month For 9.5% Yield (October 2024)
For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. 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.
Neutral
GlobeNewsWire
3 months ago
Adams Natural Resources Fund Reports Nine Month Results
BALTIMORE, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) today announced the Fund's results for the nine months ended September 30th. The total return on Adams Natural Resources' net asset value, with dividends and capital gains reinvested, was 10.2%. This compares to a total return of 9.5% for the Fund's benchmark, which is comprised of the S&P 500 Energy Sector (80% weight) and the S&P 500 Materials Sector (20% weight), over the same period. The total return on the market price of the Fund's shares for the period was 16.3%.
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