Legal Notice and Privacy Policy

Legal Notice

Welcome to the Adams Funds website. Adams Funds is composed of Adams Diversified Equity Fund, Inc., the Adams Express™ closed-end fund, and Adams Natural Resources, Inc. Please read this notice before using the site and refer back to it periodically as the terms and provisions are subject to revision.

This website covers both Adams Diversified Equity Fund, Inc. and Adams Natural Resources Fund, Inc. Adams Natural Resources Fund, Inc. is a non-controlled affiliate of Adams Diversified Equity Fund, Inc. Adams Diversified Equity Fund, Inc. and Adams Natural Resources, Inc. share certain costs for investment research and data services, administration and operations, travel, training, office expenses, occupancy, accounting and legal services, insurance, and other miscellaneous items. Any such expenses that are not solely attributable to eitherĀ Fund are allocated to each based on relative net asset values or, in the case of investment research staff and related costs, relative market values of portfolio securities in the particular sector of coverage. Such expense allocations are updated quarterly, as appropriate, except those related to payroll, which are updated annually.

We maintain this website as a convenience to our shareholders and other interested investors for informational purposes only. The information that we provide on this website is of a general nature and is not intended to address any investor's particular circumstances. Carefully consider fund objectives, risks, and expenses before investing. We suggest that you consult your financial or tax adviser, accountant, or attorney with regard to your specific situation.

While we have made every effort to provide current, accurate information, the website may contain errors from time to time. There can be no guarantee as to the accuracy of any market forecasts provided on this site, and opinions, estimates, and forecasts may be changed without notice. We make no representation or warranty, express or implied, as to the timeliness, accuracy or completeness of any information when it is received by persons using the website, and EXPRESSLY DISCLAIM ANY WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE.

This website does not constitute an offer to buy or sell securities or of any securities mentioned on the website. Investors should be aware that the rates of return and principal value of an investment in Adams Diversified Equity Fund and Adams Natural Resources Fund will fluctuate. Shares, if sold, may be worth more or less than their original cost, and it is possible to lose money by investing in the Funds. Past performance is no guarantee of future investment results.

We may from time to time provide links to other websites that may be of interest to visitors to our site. These links are for the convenience of our visitors only, and the Funds bear no responsibility for the content of any other website that may be linked to this web site.

Privacy Policy

Adams Diversified Equity Fund and Adams Natural Resources Fund, through the Fund's transfer agent, currently American Stock Transfer & Trust Company, collect and maintain certain nonpublic personal information about our stockholders of record with respect to their transactions in shares of our securities. This information includes the stockholder's address, tax identification or Social Security number, share balances, and dividend elections. We do not collect or maintain personal information about stockholders whose shares of our securities are held in "street name" by a financial institution such as a bank or broker.

We do not disclose any nonpublic personal information about you, our other stockholders or our former stockholders to third parties unless necessary to process a transaction, service an account or as otherwise permitted by law.

To protect your personal information internally, we restrict access to nonpublic personal information about our stockholders to those employees who need to know that information to provide services to our stockholders. We also maintain certain other safeguards to protect your nonpublic personal information.