BALTIMORE, April 17, 2025 (GLOBE NEWSWIRE) — Adams Diversified Equity Fund, Inc. (NYSE: ADX) announces the Fund’s investment returns for the first quarter of 2025. The total return on the Fund’s net asset value for the first quarter of 2025 was -3.9%, with dividends and capital gains reinvested. This compared to -4.3% total return for both the S&P 500 Index and the Morningstar U.S. Large Blend category. The total return on the Fund’s market price for the period was -3.9%.
The First Quarter Report to Shareholders is expected to be released on or about April 23, 2025.
| ANNUALIZED COMPARATIVE RETURNS (3/31/2025) | ||||||||
| Â | ||||||||
| Â | 1 Year | 3 Year | 5 Year | 10 Year | ||||
| Adams Diversified Equity Fund (NAV) | 6.8 | % | 9.4 | % | 18.7 | % | 13.0 | % |
| Adams Diversified Equity Fund (market price) | 11.4 | % | 10.8 | % | 19.6 | % | 13.4 | % |
| Morningstar U.S. Large Blend Category | 6.4 | % | 8.1 | % | 17.6 | % | 11.2 | % |
| S&P 500 | 8.3 | % | 9.1 | % | 18.6 | % | 12.5 | % |
NET ASSET VALUE ANNOUNCED
The Fund’s net asset value at March 31, 2025, compared with the year earlier, was:
| Â | 3/31/2025 | 3/31/2024 | ||
| Net assets | $2,529,977,563 | $2,829,484,494 | ||
| Shares outstanding | Â | 118,862,758 | Â | 124,051,688 |
| Net asset value per share | $21.28 | $22.81 | ||
| TEN LARGEST EQUITY PORTFOLIO HOLDINGS (3/31/25) | ||
| Â | ||
| Â | % of Net Assets | |
| Apple Inc. | 7.4 | % |
| Microsoft Corporation | 6.5 | % |
| NVIDIA Corporation | 5.7 | % |
| Amazon.com, Inc. | 4.3 | % |
| Alphabet Inc. Class A | 3.3 | % |
| Meta Platforms, Inc. Class A | 2.9 | % |
| JP Morgan Chase & Co. | 2.3 | % |
| Adams Natural Resources Fund, Inc.* | 2.2 | % |
| Visa Inc. Class A | 1.9 | % |
| Broadcom Inc. | 1.8 | % |
| Total | 38.3 | % |
| Â | Â | Â |
| * Non-controlled affiliated closed-end fund | Â | Â |
| SECTOR WEIGHTINGS (3/31/2025) | ||
| Â | ||
| Â | % of Net Assets | |
| Information Technology | 29.5 | % |
| Financials | 14.3 | % |
| Health Care | 11.3 | % |
| Consumer Discretionary | 10.7 | % |
| Communication Services | 9.1 | % |
| Industrials | 7.7 | % |
| Consumer Staples | 6.4 | % |
| Energy | 3.9 | % |
| Utilities | 2.4 | % |
| Real Estate | 2.2 | % |
| Materials | 1.8 | % |
About Adams FundsÂ
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:Â adamsfunds.com.
For further information: adamsfunds.com/about/contact │800.638.2479
