Investment Approach

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.

Why invest in closed-end funds?

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.

How are closed-end funds traded?

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.

How is the price of a closed-end fund determined?

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.

How do closed-end funds differ from open-end funds?

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

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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:

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To Obtain Plan Material and Forms Click Below:

• ADX Plan Materials
• PEO Plan Materials

For Direct Investors

Investors who prefer to purchase their closed-end fund shares directly, rather than through a brokerage account, can do so through a transfer agent. AST serves as the transfer agent for Adams Funds, offering a Direct Purchase Plan for shares of Adams Diversified Equity Fund and Adams Natural Resources Fund. Direct registered shareholders may contact AST for the following services:

• Transfer or change the registration of stock certificates
• Replace lost stock certificates
• Enroll in the Investors Choice Direct Stock Purchase and Sale Plan sponsored and administered by AST
• Make transactions or deposit stock certificates through Investors Choice Plan accounts
• Consolidate accounts or certificates
• Change the address on the account
• Certify taxpayer identification number
• Obtain the balance of shares registered in one’s name or a statement of activity in one’s account
• Obtain a duplicate Form 1099-DIV
• Replace stale or lost distribution checks

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For Brokerage Investors

Investors can also purchase their closed-end fund shares through a brokerage account. In this case, the shares will be in “street name,” meaning the securities will be held electronically in the brokerage’s name on behalf of the beneficial owner. Investors who own “street name securities” should contact their broker for information and services related to their account.