Pricing as of 09/21/21
$23.18
NAV
(NASDAQ: XADEX)
$19.96
Market Price
(NYSE: ADX)
-13.9%
Discount
At a Glance
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.
AS OF 06/30/21
1929
Inception Date
80+
Years of Distributions
6%
Min Annual Distribution Rate1
6.8%
2020 Distribution Rate1
99%
Domestic
$2.6B
Net Assets
$204.8B
Weighted Median Market Cap
98
Number of Holdings
ADX0.61%
Ind Avg1.16%2
Expense Ratio
1The annual distribution rate is the total dividends and capital gain distributions divided by the average month-end market price of the Fund’s Common Stock for the twelve months ended October 31.
2Simple average of all equity mutual funds (Source: Investment Company Institute, year ended 2020).
Performance Back to top
Investment Returns - 08/31/21
Total Return on Net Asset Value
| YTD | 1YR | 3YR* | 5YR* | 10YR* |
|---|---|---|---|---|
| 21.03% | 29.78% | 18.7% | 19.31% | 16.31% |
Total Return on Market Price
| YTD | 1YR | 3YR* | 5YR* | 10YR* |
|---|---|---|---|---|
| 21.24% | 30.73% | 18.74% | 19.92% | 16.36% |
*Annualized
Total returns are presented before taxes and reflect reinvestment of all distributions at reinvestment price. Investment returns, market price, and net asset value will fluctuate. Shares, if sold, may be worth more or less than their original cost. Presented performance reflects past performance and is no guarantee of future investment results.
ILLUSTRATION OF AN ASSUMED 15 YEAR INVESTMENT OF $50,000
Assuming all investment income and capital gains distributions are taken in additional shares.*
*Investment income, dividends, and capital gains distributions are taken in additional shares. This chart covers the years 2003–2019. Fees for the reinvestment of interim dividends are assumed as 2% of the amount reinvested (maximum of $2.50) and commissions of $0.05 per share. There is no charge for reinvestment of year-end distributions. No adjustment has been made for any income taxes payable by shareholders on income dividends,capital gains distributions, or the sale of any shares. These results should not be considered representative of the dividend income or capital gain or loss which may be realized in the future.
Portfolio Composition - 06/30/21Back to top
Ten Largest Equity Portfolio Holdings
| Market Value | Percent of Net Assets | |
|---|---|---|
| Microsoft Corporation | $181,421,730 | 7.1% |
| Apple Inc. | $139,274,624 | 5.5% |
| Amazon.com, Inc. | $109,053,072 | 4.3% |
| Alphabet Inc. Class A | $105,729,507 | 4.1% |
| Facebook, Inc. Class A | $71,384,863 | 2.8% |
| Berkshire Hathaway Inc. Class B | $56,862,434 | 2.2% |
| UnitedHealth Group Incorporated | $52,697,904 | 2.1% |
| Bank of America Corp. | $47,348,532 | 1.9% |
| NVIDIA Corporation | $46,485,810 | 1.8% |
| Visa Inc. Class A | $44,332,272 | 1.7% |
| Total | $854,590,746 | 33.5% |
SECTOR WEIGHTINGS
DistributionsBack to top
Five Year Distribution History
| Year | Income Dividends per Share ($) | Short-Term Capital Gains per Share ($) | Long-Term Capital Gains per Share ($) | Total Distribution per Share ($) | Annual Distribution Rate* (%) |
|---|---|---|---|---|---|
| 2016 | 0.18 | 0.00 | 0.81 | 0.99 | 7.8 |
| 2017 | 0.22 | 0.06 | 1.10 | 1.38 | 9.8 |
| 2018 | 0.21 | 0.00 | 1.79 | 2.00 | 12.9 |
| 2019 | 0.22 | 0.00 | 1.20 | 1.42 | 9.6 |
| 2020 | 0.19 | 0.00 | 0.84 | 1.03 | 6.8 |
2021 Quarterly Distributions
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2021 | 0.05 | 0.05 | 0.05 |
Disclosure Reports
| Section 19(a) of the Investment Company Act | 02/26/2021 | PRIOR |
| Date | Report | |
|---|---|---|
| 02/26/2021 |  | |
| 01/05/2021 | | |
| 3/1/2020 | | |
| 03/01/2019 | | |
| 12/26/2018 | | |
| 03/01/2018 | | |
| 12/31/2017 | | |
| 03/31/2017 | | |
| 12/29/2016 | | |
| 03/01/2016 | | |
| Past Reports | ||
| 12/28/2015 | | |
| 03/02/2015 | | |
| 12/29/2014 | | |
| 03/03/2014 | | |
| 12/27/2013 | | |
| 03/01/2013 | | |
Distribution Information
Year-End Distribution Press Release
*The annual distribution rate is the total dividends and capital gain distributions per share divided by the average month-end market price of the Fund’s Common Stock for the twelve months ended October 31.
ReportsBack to top
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| Quarterly Changes in Portfolio Securities | 06/30/2021 | PRIOR | ||
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| Proxy Statements | 02/23/2021 | PRIOR | ||
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Proxy Voting
Proxy Voting Record: Form N-PX for the period ended June 30, 2020