BALTIMORE, July 17, 2025 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announces the Fund's investment returns for the first half of 2025. The total return on the Fund's net asset value for the first half of 2025 was 7.8%, with dividends and capital gains reinvested. This compared to 6.2% total return for the S&P 500 Index and 5.7% total return for the Morningstar U.S. Large Blend category. The total return on the Fund's market price for the period was 12.4%.
The Semi-Annual Report to Shareholders is expected to be available on or about July 23, 2025.
ANNUALIZED COMPARATIVE RETURNS (6/30/2025)
1 Year 3 Year 5 Year 10 Year
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Adams Diversified Equity Fund $(NAV)$ 15.1% 20.5% 17.2% 14.3%
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Adams Diversified Equity Fund (market price) 18.0% 24.0% 19.2% 15.1%
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Morningstar U.S. Large Blend Category 13.6% 18.2% 15.5% 12.3%
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S&P 500 15.2% 19.7% 16.6% 13.7%
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NET ASSET VALUE ANNOUNCED
The Fund's net asset value at June 30, 2025, compared with the year earlier, was:
6/30/2025 6/30/2024
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Net assets $2,804,959,277 $2,938,344,145
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Shares outstanding 120,125,125 124,051,735
Net asset value per share $23.35 $23.69
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TEN LARGEST EQUITY PORTFOLIO HOLDINGS (6/30/2025)
% of Net Assets
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Microsoft Corporation 7.7%
NVIDIA Corporation 7.5%
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Apple Inc. 6.1%
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Amazon.com, Inc. 4.1%
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Alphabet Inc. Class A 3.4%
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Meta Platforms, Inc. Class A 3.3%
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Broadcom Inc. 2.6%
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JPMorgan Chase & Co. 2.5%
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Adams Natural Resources Fund, Inc.* 1.9%
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Netflix, Inc. 1.7%
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Total 40.8%
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* Non-controlled affiliated closed-end fund.
SECTOR WEIGHTINGS (6/30/2025)
% of Net Assets
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Information Technology 32.7%
Financials 13.8%
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Consumer Discretionary 10.7%
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Communication Services 9.8%
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Health Care 9.2%
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Industrials 8.1%
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Consumer Staples 5.8%
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Energy 3.2%
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Utilities 2.4%
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Real Estate 2.1%
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Materials 1.7%
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About Adams Funds
Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO). The Funds are actively managed by an experienced team with a disciplined approach and have paid dividends for more than 90 years across many market cycles. The Funds are committed to paying a minimum annual distribution rate of 8% of NAV paid evenly each quarter throughout the year, providing reliability for long-term shareholders. A portion of any distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain, and return of capital. The final determination of the source of all distributions for tax reporting purposes in a calendar year, including the percentage of qualified dividend income, will be made after year-end. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: adamsfunds.com.
For further information: adamsfunds.com/about/contact or 800.638.2479
(END) Dow Jones Newswires
July 17, 2025 16:05 ET (20:05 GMT)