BALTIMORE, MARYLAND – May 14, 2015 –
Adams Natural Resources Fund, Inc. (formerly named Petroleum & Resources Corporation) (NYSE: PEO), one of the nation’s oldest closed-end fund managers, today announced that Gregory W. Buckley has been elected Vice President-Research, effective April 30, 2015.
Mr. Buckley joined Adams Natural Resources Fund in September 2013 as a senior equity analyst covering the energy and utilities sectors. Prior to joining the Fund, Mr. Buckley worked at BNP Paribas as an equity analyst and portfolio manager. His experience also includes managing a long/short energy fund at Citadel LLC and working as an energy analyst at Pioneer Investments. “This is a well-deserved promotion for Greg. He has been a key contributor to the Fund’s success since joining us in 2013 and works very well in our disciplined philosophy and process,” said Mark E. Stoeckle, CEO of the Fund.
Mr. Buckley holds a Bachelor of Science degree in Finance from Villanova University and an MBA from the Kenan-Flagler Business School at the University of North Carolina.
Adams Natural Resources Fund, Inc. is one of the nation’s oldest and most respected closed-end funds, and is the longest-tenured closed-end fund specializing in energy and natural resources stocks.
About Adams Funds
Since 1929, Adams Funds have consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund (NYSE: ADX), formerly named The Adams Express Company, and Adams Natural Resources Fund (NYSE: PEO), formerly named Petroleum & Resources Corporation. The Funds are actively managed by an experienced team with a disciplined approach that has paid dividends for more than 80 years across many market cycles. The Funds are committed to paying an annual distribution rate of 6% or more, providing reliable income to long-term investors. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: www.adamsfunds.com.
For further information, please contact:
Nancy J. Floyd Prue, CFA
Director of Shareholder Communications
410.752.5900 or 800.638.2479