BALTIMORE, Oct. 21, 2021 /PRNewswire/ -- Adams Diversified
Equity Fund, Inc. (NYSE: ADX) today announced the Fund's results
for the nine months ended September
30th. The total return on Adams Diversified
Equity's net asset value, with dividends and capital gains
reinvested, was 14.9%. Comparable figures for the S&P 500 and
the Lipper Large-Cap Core Funds Average were 15.9% and 14.9%,
respectively. The total return on the market price of the
Fund's shares for the period was 15.4%.
For the twelve months ended September
30th, the total return on Adams Diversified Equity's net
asset value, with dividends and capital gains reinvested, was
28.2%. Comparable figures for the S&P 500 and the Lipper
Large-Cap Core Funds Average were 30.0% and 28.6%, respectively.
The total return on the market price of the Fund's shares for the
period was 29.4%.
NET ASSET
VALUE
|
|
|
9/30/2021
|
9/30/2020
|
Net assets
|
$2,538,318,809
|
$2,053,552,203
|
Shares
outstanding
|
111,027,198
|
108,731,167
|
Net asset value per
share
|
$22.86
|
$18.89
|
The Third Quarter Report to Shareholders is expected to be
available on or about October 27,
2021.
###
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 80 years across many
market cycles. The Funds are committed to paying an annual
distribution rate of 6% or more, providing reliable income to
long-term investors. Shares can be purchased through our transfer
agent or through a broker. For more information about Adams Funds,
please visit: adamsfunds.com.
Contact:
Investor Relations
800.638.2479 │ investorrelations@adamsfunds.com
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SOURCE Adams Funds