PEO News

Adams Diversified Equity Fund, Inc. (NYSE: ADX) announces the Fund's investment returns for 2019. "We were pleased to generate a 31.6% return in 2019, in line with our benchmark and 2.0% above our peer group for the year," said Mark Stoeckle, CEO of Adams Funds.

Adams Diversified Equity Fund, Inc. (NYSE: ADX) has determined that $15.51 per share is the issue price for the closed-end fund's year-end distribution to shareholders who have elected to receive all or a portion of the distribution in the form of stock. This price is the mean between the high and low sales prices of the Fund's stock on the New York Stock Exchange on December 11, 2019.

BALTIMORE , July 18, 2019 /PRNewswire/ -- The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) today declared a distribution of $.05 per share from net investment income payable August ...

Adams Natural Resources Fund, Inc. (NYSE: PEO) announced today that it is engaging in share repurchases pursuant to its authority under its previously announced share repurchase program. Share repurchases may be made in the open market from time to time, as determined by the portfolio management team, when market conditions and portfolio management considerations warrant and the shares are trading at market prices of at least 10% below net asset value.

The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $0.10 per share, payable February 28, 2020 to shareholders of record February 14, 2020, consisting of $0.03 net investment income and $0.01 long-term capital gain, both realized in 2019, and $0.06 net investment income realized in 2020.

Adams Natural Resources Fund, Inc. (NYSE: PEO) has determined that $15.56 per share is the issue price for the closed-end fund's year-end distribution to shareholders who have elected to receive all or a portion of the distribution in the form of stock. This price is the mean between the high and low sales prices of the Fund's stock on the New York Stock Exchange on December 11, 2019.

BALTIMORE , Oct. 17, 2019 /PRNewswire/ -- Adams Natural Resources Fund, Inc. (NYSE: PEO) today announced the Fund's results for the nine months ended September 30 th . The total return on Adams Natural ...

BALTIMORE , Oct. 17, 2019 /PRNewswire/ -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) today announced the Fund's results for the nine months ended September 30 th . The total return on Adams Diversified ...

The Bulldog-Ancora Group Commences Tender Offer for $70 Million of Shares of Adams Natural Resources Fund (NYSE:PEO).

The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) today declared a distribution of $.05 per share from net investment income, payable June 1, 2020, to shareholders of record May 18, 2020. This distribution represents the second payment this year toward the Fund's annual 6% minimum distribution rate commitment, which can be found at adamsfunds.com. The Fund's distribution rate in 2019 was 9.6%.

Adams Natural Resources Fund, Inc. (NYSE: PEO) has updated the composition of its $0.10 per share first quarter distribution. The total distribution amount of $0.10 per share is unchanged.

The Board of Directors of Adams Diversified Equity Fund, Inc. (NYSE: ADX) today declared a distribution of $0.05 per share, payable February 28, 2020, to shareholders of record February 14, 2020, consisting of $0.01 net investment income and $0.03 long-term capital gain, both realized in 2019, and $0.01 net investment income realized in 2020.

BALTIMORE, Nov. 14, 2019 /PRNewswire/ -- Adams Diversified Equity Fund, Inc. (ADX) declared today a year-end distribution of $1.27 per share. The annual distribution rate represented by these distributions is 9.6%. $1.18 per share from net capital gains realized during 2019, comprised all of long-term gain.

Adams Natural Resources Fund, Inc. (NYSE: PEO) announces the Fund's investment returns for 2019. "Our Fund benefited from exposure to both the Energy and Materials sectors in 2019. Our investments in Materials rose 25.0% for the year," said Mark Stoeckle, CEO of Adams Funds.

BALTIMORE, Oct. 1, 2019 /PRNewswire/ -- Adams Funds, which manages two of the country's oldest closed-end investment funds, is commemorating its 90th Anniversary with the launch of a new section of its website celebrating the many generations of investors in the Funds. Launched in 1929 at the start of the Great Depression, Adams Diversified Equity Fund (ADX) and Adams Natural Resources Fund (PEO) are among only a handful of funds that have been around since the 1920s. Adams' website chronicles the history of the Funds, insights on 90 years of investing, and a myriad of unique stories from current investors, some of whom are the fifth generation of their families to be Adams investors.

The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) unanimously recommends that shareholders REJECT the tender offer ("Offer") made by activists Bulldog Investors, LLC and Ancora Advisors, LLC (the "Group") because it furthers a damaging short-term agenda that enriches the Group at the expense of longer-term shareholders.

The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payable June 1, 2020, to shareholders of record May 18, 2020. This distribution represents the second payment this year toward the Fund's annual 6% minimum distribution rate commitment, which can be found at adamsfunds.com. The Fund's distribution rate in 2019 was 6.9%.

Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of Bank Polska Kasa Opieki S.A. Limassol, November 22, 2019 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Bank Polska Kasa Opieki S.A. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.

Adams Natural Resources Fund, Inc. (NYSE: PEO) declared today a year-end distribution of $0.80 per share. The total distributions by the Fund for 2019 will be $1.10, including the distributions totaling $0.30 per share made prior to today's announcement. The annual distribution rate represented by these distributions is 6.9%.

Despite some volatility, the stock market is actually having a good year as all of the major indices are up at least 20%.