Adams Funds, formerly Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. (NYSE: ADX), a publicly traded diversified equity fund, and Adams Natural Resources Fund Inc. (NYSE: PEO), formerly Petroleum & Resources Corp., a publicly traded closed-end fund focused on energy and natural resources stocks.
Adams Funds traces its roots to Adams Express Company, a 19th-century freight and cargo transport business that was part of the Pony Express system. It became an investment company in 1929, just prior to the October 1929 stock market crash. Adams survived the Great Depression and is now one of the oldest closed-end funds at 91 years old.[1] The firm uses a disciplined investment process consisting of three core tenets: identifying high-quality companies through a proprietary research process; employing rigorous analysis to assess company fundamentals; and executing a portfolio management strategy focusing on generating long-term capital appreciation.[citation needed] Both funds make investment decisions with an eye toward protecting investors’ principal and generating dividends and capital gains that can be used as a source of income or reinvested to increase investors’ holdings.[citation needed] Both funds have consistently paid dividends for over 80 years and are committed to paying an annual distribution of at least 6%.[citation needed]
Adams Express was founded in 1854 and is one of the oldest companies listed on the New York Stock Exchange (NYSE: ADX). 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. The Adams Express Building, the former New York headquarters for Adams Express, was constructed beginning in 1912. In 1976, Adams relocated its headquarters to Baltimore, where it is based today.[2]
Adams Funds is located in Baltimore, Maryland, with an office in Boston, Massachusetts. Mark E. Stoeckle has been CEO and Senior Portfolio Manager of Adams Funds since joining the firm in 2013.
AdamsFunds, formerly Adams Express Company, is an investment company made up of Adams Diversified Equity Fund, Inc. (NYSE: ADX), a publicly traded diversified...
A "fund of funds" (FOF) is an investment strategy of holding a portfolio of other investment funds rather than investing directly in stocks, bonds or...
Adams Street Partners, LLC (ASP) is an American private equity firm headquartered in Chicago. The majority of the firm's assets are in fund of funds strategies...
He was granted this wish in 1907 when they raised funds to make her open to the public again. Adams was an officer in 43 corporations at one point, including...
Sexton album. Adams performed at "A Night for the Environment" to raise funds for environmental organizations. In November 1989, Adams attended Tina Turner's...
Congress, Adams successfully argued to restore the lost funds with interest. Though Congress wanted to use the money for other purposes, Adams successfully...
John Adams Morgan (born September 17, 1930) is an American sailor and Olympic champion and the founder and chairman of Morgan Joseph. His father, Henry...
Amy Lou Adams (born August 20, 1974) is an American actress. Known for both her comedic and dramatic roles, she has been featured three times in annual...
closed-end funds over control-share provisions. These funds were run by BlackRock, Franklin Resources, Tortoise Capital Advisors, AdamsFunds and FS Investments...
Eric Leroy Adams (born September 1, 1960) is an American politician and former police officer, currently serving as the 110th mayor of New York City since...
the Adams Memorial Foundation to proceed with the design and construction of the memorial. The foundation was given permission to raise private funds to...
story for a charity book, Gentle Footprints, to raise funds for the Born Free Foundation. In 1949, Adams married Elizabeth (Barbara), daughter of RAF Squadron-Leader...
Rachel Anne McAdams (born November 17, 1978) is a Canadian actress. After graduating from a theatre degree program at York University in 2001, she worked...
Maryland, is widely thought to be one of the earliest “sector funds” to trade on the NYSE. AdamsFunds Douglas G. Ober http://www.netadvantage.standardandpoors...
spot back from KKR. ^ Defunct banking institution 3G Capital ABS Capital Adams Street Partners Advent International AEA Investors American Securities Angelo...
capital (VC) is a form of private equity financing provided by firms or funds to startup, early-stage, and emerging companies, that have been deemed to...
Boston Beer Company's first brand of beer was named Samuel Adams after Founding Father Samuel Adams, an American revolutionary patriot. Since its founding...
Helen Adams Keller (June 27, 1880 – June 1, 1968) was an American author, disability rights advocate, political activist and lecturer. Born in West Tuscumbia...
again, competing now at flyweight (51kg). Adams struggled to continue her boxing career due to lack of funds. She worked as an acting extra on soap operas...
investment funds are often referred to as investment pools, collective investment vehicles, collective investment schemes, managed funds, or simply funds. The...
A bronze sculpture depicting Robert McAlpin Williamson by Lucas Adams is installed outside the Williamson Museum in Georgetown, Texas, United States....
iShares is a collection of exchange-traded funds (ETFs) managed by BlackRock, which acquired the brand and business from Barclays in 2009. The first iShares...
during which assets held in Nuveen's closed-end funds, totaling $15 billion, became illiquid. Those funds had two share classes: auction-rate preferred...
Global Information