Adams Diversified Equity Fund /$ADX

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About Adams Diversified Equity Fund

Adams Diversified Equity Fund Inc is a diversified investment company. It is an internally managed closed-end fund whose investment objectives are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. It invests a majority of its assets in very liquid S&P 500 stocks, and has broad flexibility in the selection of stocks, but maintains a sector neutral approach. The fund has a diversified equity portfolio which consists of securities of companies from energy, consumer staples, information technology, financials, and other sectors.

Ticker

$ADX
Sector

Primary listing

NYSE

Employees

-

ADX Metrics

BasicAdvanced
$2.7B
7.75
$2.91
0.90
$3.35
8.17%

Bulls say / Bears say

The fund achieved a 7.8% total return on NAV in the first half of 2025, outperforming the S&P 500’s 6.2% return over the same period.
With an expense ratio of just 0.56% compared to the industry average of 1.10%, ADX offers investors a cost-efficient way to access the market and retain more income.
ADX’s managed distribution policy provides reliable quarterly payouts of $0.46 per share, translating to an 8.21% annual distribution rate based on NAV, which supports income-focused investors.
ADX’s market price sits at a 9.23% discount to its NAV, only slightly narrower than its 52-week average discount of -9.59%, indicating there may be little upside from the discount closing.
Information technology makes up 32.7% of ADX’s holdings, increasing the fund’s exposure to tech-sector swings and regulatory risks that can impact NAV performance.
The latest $0.46 per share distribution was 33% return of capital, raising concerns over NAV erosion and long-term sustainability if this continues.
Data summarised monthly by Lightyear AI. Last updated on 6 Oct 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.

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