Adams Diversified Equity Fund
ADX

$20.91

1.06%

Market Cap: $2.33B

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 6,710 funds

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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.

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Financial journalist opinion

Based on 6 articles about ADX published over the past 30 days

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)

Adams Diversified Equity Fund Announces $21.29 Issue Price of Shares and Sources of Distribution for Third Quarter Distribution Payable August 30, 2024

BALTIMORE, Aug. 22, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) has determined that $21.29 per share is the issue price for the Fund's third quarter distribution to shareholders. This price is the mean between the high and low sales prices of the Fund's stock on the New York Stock Exchange on August 21, 2024, the valuation date.

Adams Diversified Equity Fund Announces $21.29 Issue Price of Shares and Sources of Distribution for Third Quarter Distribution Payable August 30, 2024

My Top 10 Closed-End Fund Holdings: August 2024

Closed-end funds overall have seen discounts narrow since the start of the year, but opportunities still exist in certain areas of the market. With increased market volatility more recently, that may lead to discounts widening back out, which could create even more opportunities in this structure. I hold 42 positions in my CEF portfolio, with the top 10 positions making up 37.40% of the portfolio—here's a review of those top 10 names.

My Top 10 Closed-End Fund Holdings: August 2024

4 Closed-End Fund Buys In The Month Of July 2024

Every month, I add or initiate new positions in my closed-end fund portfolio. This creates a snowball of growing monthly cash flow over time. With the market continuing to perform well at/near all-time highs, letting some cash build up also doesn't hurt.

4 Closed-End Fund Buys In The Month Of July 2024

Adams Diversified Equity Fund Announces Final Tender Offer Results

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the final results of its offer to purchase up to 12,405,174 of its common shares at $22.47, 98% of the $22.93 net asset value per share (“NAV”) at the close of regular trading on the New York Stock Exchange on August 2, 2024, the expiration date (“Offer”), which include an updated proration factor. No other information about the Offer results has changed.

Adams Diversified Equity Fund Announces Final Tender Offer Results

Adams Diversified Equity Fund Announces Tender Offer Results

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the final results of its offer to purchase up to 12,405,174 of its common shares at $22.47, 98% of the $22.93 net asset value per share (“NAV”) at the close of regular trading on the New York Stock Exchange on August 2, 2024, the expiration date.

Adams Diversified Equity Fund Announces Tender Offer Results

Adams Diversified Equity Fund Announces Preliminary Tender Offer Results

BALTIMORE, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announced today the preliminary results of its offer to purchase up to 12,405,174 of its common shares at $22.47, 98% of the $22.93 net asset value per share (“NAV”) at the close of regular trading on the New York Stock Exchange on August 2, 2024, the expiration date. The tender offer expired at 5:00 p.m. (ET) on August 2, 2024 and was not extended.

Adams Diversified Equity Fund Announces Preliminary Tender Offer Results

How These 8.3% CEFs Soared Double Digits

We're a little more than halfway through the year now, so it's a great time to check the state of play on our favorite high-yield plays: 8%+ paying closed-end funds (CEFs).

How These 8.3% CEFs Soared Double Digits

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