PR Newswire
BALTIMORE, Oct. 21, 2021
BALTIMORE, Oct. 21, 2021 /PRNewswire/ -- 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 14.9%. Comparable figures for the S&P 500 and the Lipper Large-Cap Core Funds Average were 15.9% and 14.9%, respectively. The total return on the market price of the Fund's shares for the period was 15.4%.
For the twelve months ended September 30th, the total return on Adams Diversified Equity's net asset value, with dividends and capital gains reinvested, was 28.2%. Comparable figures for the S&P 500 and the Lipper Large-Cap Core Funds Average were 30.0% and 28.6%, respectively. The total return on the market price of the Fund's shares for the period was 29.4%.
NET ASSET VALUE | ||
9/30/2021 | 9/30/2020 | |
Net assets | $2,538,318,809 | $2,053,552,203 |
Shares outstanding | 111,027,198 | 108,731,167 |
Net asset value per share | $22.86 | $18.89 |
The Third Quarter Report to Shareholders is expected to be available on or about October 27, 2021.
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Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO). The Funds are actively managed by an experienced team with a disciplined approach and have paid dividends for more than 80 years across many market cycles. The Funds are committed to paying an annual distribution rate of 6% or more, providing reliable income to long-term investors. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: adamsfunds.com.
Contact:
Investor Relations
800.638.2479 │ [email protected]
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SOURCE Adams Funds