BALTIMORE, MARYLAND – October 13, 2016 –
Performance
Adams Natural Resources Fund, Inc. (NYSE:PEO) today announced the Fund’s results for the nine months ended September 30th. The total return on Adams Natural Resources’ net asset value, with dividends and capital gains reinvested, was 14.2%. Comparable figures for the Dow Jones U.S. Oil & Gas Index and the Dow Jones U.S. Basic Materials Index were 17.9% and 13.6%, respectively. The total return on the market price of the Fund’s shares for the period was 14.2%.
For the twelve months ended September 30th, the total return on Adams Natural Resources’ net asset value, with dividends and capital gains reinvested, was 16.4%. Comparable figures for the Dow Jones U.S. Oil & Gas Index and the Dow Jones U.S. Basic Materials Index were 17.2% and 24.8%, respectively. The total return on the market price of the Fund’s shares for the period was 18.3%.
| 9/30/2016 | 9/30/2015 | |
|---|---|---|
| Net assets | $654,966,712 | $591,256,907 |
| Shares outstanding | 28,092,075 | 27,392,910 |
| Net asset value per share | $23.31 | $21.58 |
The Third Quarter Report to Shareholders is expected to be released on or about October 21, 2016.
For further information, please contact:
Nancy J. Floyd Prue, CFA
Director of Shareholder Communications
410.752.5900 or 800.638.2479
email