Adams Diversified Equity Fund Declares Distribution

Rhea-AI Summary

Adams Diversified Equity Fund (NYSE: ADX) declared a $0.47 per share distribution payable February 27, 2026 to holders of record on January 26, 2026. Shareholders may receive the distribution in additional common shares (default) or in cash if they elect before 4:00 PM ET on February 13, 2026 (valuation date). The issue price per share will be the lower of the Fund’s closing NYSE market price or the Fund’s NAV on the valuation date.

Estimated sources for the $0.47 distribution: net investment income $0.06 (13%), net realized long-term gains $0.04 (9%), return of capital $0.37 (78%). Performance highlights: 5-year annualized NAV return 15.0%, annualized current distribution rate 7.6% of NAV, and fiscal YTD cumulative total return on NAV 18.9%. The Fund will issue Form 1099-DIV for tax reporting.

Positive

• Declared distribution of $0.47 per share payable February 27, 2026
• Shareholders may elect cash or additional shares (scrip dividend option)
• Annualized current distribution rate of 7.6% of NAV as of December 31, 2025
• Five-year average annual total return on NAV of 15.0%

Negative

• Return of capital constitutes $0.37 (78%) of the $0.47 distribution
• Net investment income covers only $0.06 (13%) of the distribution

BALTIMORE, Jan. 16, 2026 (GLOBE NEWSWIRE) -- On January 15, 2026, Adams Diversified Equity Fund, Inc. (NYSE: ADX) declared a distribution of $0.47 per share payable February 27, 2026 to shareholders of record on January 26, 2026. The 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 13, 2026, the valuation date. The issue price for shares will be the lower of the Fund’s closing NYSE market price or the Fund’s NAV per share on the valuation date.

The Fund’s estimated sources for the distribution to be paid on February 27, 2026 and for all distributions declared in 2026 to date are as follows:

Date Paid	Distribution per Share	Net Investment Income	Net Realized Short-Term Gains	Net Realized Long-Term Gains	Return of Capital
February 27, 2026	$0.47	$0.06 (13%)	$0.00 (0%)	$0.04 (9%)	$0.37 (78%)
YTD 2026	$0.47	$0.06 (13%)	$0.00 (0%)	$0.04 (9%)	$0.37 (78%)

Fund Performance and Distribution Rate Information:

Average Annual Total Return on NAV for the 5-year period ended on  December 31, 20251		Annualized Current Distribution Rate (expressed as a percentage of NAV as of December 31, 2025)2		Cumulative Total Return on NAV for the fiscal year through December 31, 20251		Cumulative Fiscal Year Distribution Rate (expressed as a percentage of NAV as of December 31, 2025)3
15.0%		7.6%		18.9%		1.9%

¹  Total return is calculated assuming a purchase of a Fund share at the beginning of the period and a sale on the last day of the period at reported net asset value per share, excluding any brokerage commissions. Distributions are assumed to be reinvested at the lower of the net asset value or the closing NYSE market price on the distribution’s valuation date for those receiving shares for the distribution. For periods greater than one year, returns are presented on an annualized basis.

²  The Annualized Current Distribution Rate is the current quarter’s distribution rate per share annualized and expressed as a percentage of the Fund’s NAV per share as of December 31, 2025.

³  The Cumulative Fiscal Year Distribution Rate is the distributions per share for the current fiscal year period, expressed as a percentage of the Fund’s NAV per share as of December 31, 2025.

You should not draw any conclusions about the Fund's investment performance from the amount of the current distribution or from the terms of the Fund's Distribution Policy. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

About Adams Funds
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 90 years across many market cycles. The Funds are committed to paying a minimum annual distribution rate of 8% of NAV paid evenly each quarter throughout the year, providing reliability for long-term shareholders. A portion of any distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain, and return of capital. The final determination of the source of all distributions for tax reporting purposes in a calendar year, including the percentage of qualified dividend income, will be made after year-end. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: adamsfunds.com.

For further information please contact: adamsfunds.com/about/contact │800.638.2479

FAQ

What distribution did Adams Diversified Equity Fund (ADX) declare on January 15, 2026?

ADX declared a $0.47 per share distribution payable February 27, 2026 to shareholders of record on January 26, 2026.

How can ADX shareholders receive the February 27, 2026 distribution?

Default is additional common shares; shareholders can elect cash by 4:00 PM ET on February 13, 2026, the valuation date.

What are the estimated sources of ADX's $0.47 distribution for February 27, 2026?

Estimated sources: Net investment income $0.06 (13%), Net realized long-term gains $0.04 (9%), Return of capital $0.37 (78%).

What issue price will ADX use for shares issued in lieu of cash for the distribution?

The issue price will be the lower of the Fund’s closing NYSE market price or the Fund’s NAV per share on the valuation date.

What performance metrics did ADX report related to NAV through December 31, 2025?

Reported metrics include 5-year annualized NAV return 15.0%, fiscal YTD cumulative total return on NAV 18.9%, and a 1.9% cumulative fiscal year distribution rate.

Will ADX provide tax reporting for the 2026 distributions?

Yes; the Fund will send a Form 1099-DIV for the calendar year to report distributions for federal tax purposes.