What is Adams diversified equity fund?

Adams Diversified Equity Fund seeks to deliver superior returns over time by investing in a broadly-diversified equity portfolio. The Fund invests in a blend of high-quality, large-cap companies. The Fund seeks to generate returns that exceed its benchmark as well as consistently distribute dividend income and capital gains to shareholders.

What is Adams funds?

Adams Funds, formerly Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc . (NYSE: ADX), a publicly traded diversified equity fund, and Adams Natural Resources Fund Inc. (NYSE: PEO), formerly Petroleum & Resources Corp., a publicly traded closed-end fund focused on energy and natural resources stocks.

Should you invest in diversified equity funds?

Investing in diversified equity funds is a prudent long-term investment strategy that has the potential to generate sizeable returns even when the market is not performing at optimum capacity. Some of the benefits have been stated below:

Is Adams Express a closed-end fund?

Adams Express was founded in 1854 and is one of the oldest companies listed on the New York Stock Exchange (NYSE: ADX). It is one of only five companies that has continued to operate as a closed-end fund since 1929. The company has paid dividends continuously since 1935.