Adams Diversified Equity Fund, Inc. reports developments for an internally managed closed-end diversified equity fund listed on the NYSE under ADX. News releases commonly cover net asset value and market-price returns, comparisons with the S&P 500 Index and Morningstar U.S. Large Blend category, shareholder reports, and the Fund's largest equity holdings.
Recurring updates also include distribution policy, year-end distributions, sources of distributions, share counts, net assets, and closed-end fund capital actions such as tender offers for common shares.
Adams Natural Resources Fund (NYSE: PEO) declared a $0.84 per-share distribution payable December 21, 2026, to shareholders of record November 20, 2026. Shares are the default payment; cash elections must be received before 4 p.m. ET on December 10, 2026. Total distributions declared in 2026 are $2.39 per share, representing an annual distribution rate of 8.4%.
Through October 31, 2026, total return on net asset value (NAV) was 51.5% for the fiscal year and averaged 21.1% annually over five years. The annualized current distribution rate was 9.8% of October 31 NAV; the cumulative fiscal-year distribution rate was 6.9%. Estimated distribution sources include investment income and realized gains, with no return of capital.
Adams Diversified Equity Fund (NYSE: ADX) declared a $0.56-per-share distribution payable December 23, 2026, to shareholders of record November 20, 2026. Payment defaults to additional shares, with cash available by election. Total distributions declared in 2026 are $2.01 per share, representing an annual distribution rate of 8.0%.
The December payment is estimated to comprise $0.04 of net investment income and $0.52 of net realized long-term gains, with no return of capital. Total returns based on net asset value were 12.6% annualized over five years and 11.1% for the fiscal year through October 31, 2026. The annualized current distribution rate was 8.6% of net asset value; the cumulative fiscal-year distribution rate was 7.8%.
Adams Diversified Equity Fund (ADX) reported a 12.9% return on net asset value for the first nine months of 2026. With dividends and capital gains reinvested, that compared with 12.8% for the S&P 500 and 11.5% for the Morningstar U.S. Large Blend category. The fund’s market-price return was 16.6%.
At September 30, net assets were $3.32 billion, versus $2.99 billion a year earlier. Net asset value per share rose to $26.33 from $24.61, while shares outstanding increased to 126,070,756 from 121,337,257. Annualized net asset value returns over three, five and ten years were 23.3%, 14.6% and 16.3%, respectively, exceeding both benchmarks over each period. The one-year return of 15.6% exceeded Morningstar’s 14.1% but trailed the S&P 500’s 15.7%. The fund expects its Third Quarter Report to Shareholders on or about October 21, 2026.
Adams Natural Resources Fund (NYSE: PEO) reported a 34.4% net asset value return for the first nine months of 2026. With dividends and capital gains reinvested, that compared with 34.0% for its benchmark, comprising 80% S&P 500 Energy Sector and 20% S&P 500 Materials Sector. The individual sectors returned 40.3% and 8.8%, respectively. The fund’s market-price return was 34.2%.
At September 30, 2026, net assets were $865,186,454, versus $662,649,222 a year earlier. Net asset value per share rose to $30.57 from $24.36, while shares outstanding increased to 28,303,647 from 27,205,847. The fund expects its Third Quarter Report to Shareholders to be released on or about October 21, 2026.
Adams Diversified Equity Fund (NYSE: ADX) declared on July 16, 2026 a $0.50 per share distribution, payable August 28, 2026 to shareholders of record on July 27, 2026. The distribution is by default in common stock, with a cash option via shareholder election by 4 p.m. ET on August 14, 2026, the valuation date.
The share issue price will be the lower of ADX’s NYSE closing market price or NAV on the valuation date, but not below 95% of that market price. For this payment, an estimated $0.03 (6%) is from net investment income and $0.47 (94%) from net realized long-term gains. Year-to-date 2026 distributions total $1.45 per share, 9% from income and 91% from long-term gains. As of June 30, 2026, the Fund reports a 5-year average annual total return on NAV of 14.1% and an annualized current distribution rate of 7.6% of NAV.
Adams Diversified Equity Fund (NYSE: ADX) announced that Gregory W. Buckley has been elected Executive Vice President and a Portfolio Manager, effective July 16, 2026. Buckley joined the fund in 2013 as a senior equity analyst and became Vice President-Research in 2019.
He is also President of affiliate Adams Natural Resources Fund since April 2025 and has over 26 years of equity investing experience across BNP Paribas, Citadel, and Pioneer Investments.
Adams Diversified Equity Fund (NYSE: ADX) reported a 10.8% total return on net asset value (NAV), with reinvested distributions, for the first half of 2026, versus 10.2% for the S&P 500 and 9.5% for the Morningstar U.S. Large Blend category. The Fund’s market-price total return was 13.9% for the same period. Annualized NAV returns as of June 30, 2026 were 22.2% (1-year), 21.5% (3-year), 14.1% (5-year), and 16.5% (10-year), with market-price returns even higher. NAV rose to $3.29 billion from $2.80 billion a year earlier, and NAV per share increased to $26.34 from $23.35. Top holdings totaled 40.3% of net assets, led by NVIDIA, Apple, Alphabet, and Microsoft, and information technology represented 37.7% of sector exposure. According to Adams Funds, ADX targets a minimum annual distribution rate of 8% of NAV, paid evenly each quarter.
Adams Diversified Equity Fund (NYSE: ADX) declared a distribution of $0.48 per share payable May 29, 2026 to shareholders of record April 27, 2026. Shareholders may elect cash by 4:00 p.m. ET on May 15, 2026; default payment is additional shares.
The issue price equals the lower of NYSE closing price or NAV on the valuation date, but not less than 95% of the NYSE close. YTD 2026 distributions total $0.95 per share with return of capital comprising $0.25.
Adams Diversified Equity Fund (NYSE: ADX) reported first-quarter 2026 results: NAV total return -4.8% and market price total return -4.2% for Q1. Annualized returns through 3/31/2026 show 1-year NAV +17.8% and 1-year market price +25.2%. Net assets rose to $2.855B at 3/31/2026. Top-10 holdings represented 40.5% of net assets, with Information Technology at 32.4%. The Fund maintains a minimum annual distribution rate of 8% of NAV, paid quarterly.
Adams Diversified Equity Fund (NYSE: ADX) and Adams Natural Resources Fund (NYSE: PEO) elected Steven G. Chambers as an independent director effective February 12, 2026.
Dr. Chambers brings 25+ years in educational technology and AI, prior CEO experience at Jibo, and current board roles in AI and consumer tech companies.