Adams Diversified Equity Fund


ADX

Price

18.39


Change

-0.21


High

18.84


Low

18.36


Avg Volume

142,560


PE Ratio

NA


52 Week High

19.6


52 Week Low

14.18



Profile

Adams Diversified Equity Fund, Inc., formerly Adams Express Company, is a publicly traded diversified equity fund. It was founded in 1854 and traces its roots to a 19th-century freight and cargo transport business. The Adams Express Building was constructed in 1911 and Adams Express is one of the oldest companies listed on the New York Stock Exchange . It is one of only five companies that has continued to operate as a closed-end fund since 1929. The company has paid dividends continuously since 1935. Adams Funds uses a conservative investment philosophy and its portfolio is managed with the expectation that it will generate solid returns with lower-than-market risk for long-term investors. Investments are made with an eye toward protecting investors’ original investments and generating dividends and capital gains that can be used as a source of income or reinvested to increase investor holdings in the Fund.


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