Everyone invests for a purpose, whether it’s to fund a college education, new home, or retirement. For generations, our shareholders have counted on us to help them reach their financial goals and trusted us not just with their money, but with the promises they’ve made to themselves and future generations. There is a place in every balanced portfolio for Adams Funds. Read on to learn more, and how to invest in our closed-end funds.
Broadly-diversified, sector-neutral, large-cap equity fund seeking long-term capital appreciation
Equity fund seeking capital appreciation by focusing on the long-term demand for energy, materials and natural resources
Since 1929, Adams Funds has been trusted by investors to help reach their investment goals. Our time-tested and disciplined investment process consists of three core tenets: Identifying high-quality companies through a proprietary research process; employing rigorous analysis to assess company fundamentals and executing a portfolio management strategy that focuses on generating long-term capital appreciation with careful attention to risk management.
Our portfolio managers are supported by an in-house team of experienced research analysts who are intimately familiar with the sectors they cover. Investment decisions are made using multiple layers of analysis combining fundamental, bottom-up securities analysis with systematic evaluation tools to identify attractive investments. We pay careful attention to risk control measures in the portfolio construction process. This disciplined process is consistently applied across all market conditions.
Closed-end funds (CEF) are actively-managed investment vehicles that focus on providing investors consistent distributions and returns. A CEF raises capital primarily through an initial public offering (IPO), which is then invested into a portfolio of stocks and other securities.
After the IPO, every CEF is listed on a national exchange, such as the New York Stock Exchange (NYSE), where its shares are purchased and sold between investors, similar to a stock.
Closed-end funds have a fixed amount of shares that are bought and sold in the open market. Shares typically trade in relation to, but independent of, their underlying net asset values (NAVs). When shares of closed-end funds trade at prices below their underlying NAVs (at a discount), investors have the opportunity to enhance the return on their investment by making bargain purchases.
Open-end mutual funds create new shares every time a shareholder invests and stand ready to redeem their shares at all times. Transactions in shares of mutual funds are based on their net asset value (NAV), determined at the close of each business day. Sometimes the transaction price includes an adjustment for a sales, redemption or other charge.
For more information about the advantages of investing in closed-end funds
Closed-End Funds: Discover an Attractive Investment Alternative
Shares of Adams Diversified Equity Fund (ticker Symbol: ADX) and Adams Natural Resources Fund (ticker Symbol: PEO) are listed on the New York Stock Exchange and may be bought and sold in one of two ways:
Shares may be bought and sold through registered investment security dealers such as your broker. Brokers also offer programs through which investors can reinvest dividends routinely produced by securities, allowing shares held in a brokerage account to grow.
Investors who prefer to purchase their closed-end fund shares directly, rather than through a brokerage account, can do so through Equiniti Trust Company, LLC (f/k/a American Stock Transfer & Trust Company, LLC (AST)), who serves as the transfer agent for Adams Funds. Equiniti offers a Direct Purchase Plan that allows registered stockholders and interested first-time investors to buy and sell shares and reinvest dividends and capital gains automatically.