Adams Natural Resources Fund, Inc. proxy filings document shareholder voting and governance matters for the closed-end fund. The records cover annual meeting proposals, director elections, auditor ratification, board recommendations, and voting eligibility for common stockholders.
As a Maryland fund company, PEO’s formal disclosures center on board oversight, stockholder meeting procedures, fund governance, and the regulatory materials used to authorize recurring corporate actions within the fund structure.
Adams Natural Resources Fund, Inc. filed a Form 13F holdings report listing 55 reported holdings with a total market value of $659,144,285. The report was signed by Christine M. Sloan, Treasurer and dated 10-22-2025.
Form 4 filed 08/04/2025 discloses that 10% owner Saba Capital Management L.P. (Boaz Weinstein, principal) executed two open-market sales of Adams Natural Resources Fund (PEO) common stock. On 07/31/2025 the fund sold 5,491 shares at $21.54; on 08/01/2025 it sold 11,270 shares at $21.09. Total shares sold: 16,761.
Following the transactions, Saba’s indirect beneficial ownership fell to 2,687,324 shares, versus 2,704,085 previously—about 0.6 % of its position and well below 0.1 % of PEO’s shares outstanding. No derivative securities were involved and Saba remains a >10 % shareholder. While the dollar value is modest (~$356 k), the filing provides a real-time signal of minor insider selling.
Saba Capital Management, L.P. and its founder Boaz Weinstein, both reported as 10% owners of Adams Natural Resources Fund (PEO), filed a Form 4 disclosing two open-market sales of common stock.
- 22 Jul 2025: 23,569 shares sold at $21.72.
- 23 Jul 2025: 7,298 shares sold at $22.06.
The transactions trimmed the group’s indirect position to ≈2.78 million shares. No derivative securities were involved and the filers remain above the 10% ownership threshold.
Saba Capital Management, L.P. and its founder Boaz Weinstein, both 10% beneficial owners of Adams Natural Resources Fund (PEO), filed a Form 4 reporting the sale of 14,464 common shares on 07/21/2025 at $21.65 per share. Following the transaction, they still beneficially own 2,811,263 shares indirectly. No derivative positions were disclosed. The divestiture represents well under 1% of their prior holdings, leaving their ownership comfortably above the 10% threshold.