Adams Diversified Equity Fund reported a Q1 2026 total return of -4.8%, underperforming benchmarks. Shareholder report expected April 22.
Quiver AI Summary
Adams Diversified Equity Fund, Inc. (NYSE: ADX) reported a total return of -4.8% on its net asset value for the first quarter of 2026, underperforming compared to the S&P 500 Index and Morningstar U.S. Large Blend category, which had total returns of -4.3% and -4.4%, respectively. The Fund’s market price return was slightly better at -4.2%. As of March 31, 2026, the Fund's net assets increased to approximately $2.85 billion, with a net asset value per share of $23.07, up from $21.28 a year earlier. The Fund’s largest equity holdings included major companies like NVIDIA, Apple, and Alphabet, and its sector allocation is heavily weighted towards Information Technology. A detailed First Quarter Report to Shareholders is expected to be issued around April 22, 2026. Adams Funds, managing closed-end funds since 1929, is committed to providing consistent dividends and aims to maintain a minimum annual distribution rate of 8%.
Potential Positives
- The Fund's annualized comparative returns over multiple time periods (1 Year, 3 Year, 5 Year, and 10 Year) are strong relative to industry benchmarks, particularly for market price returns, which exceed both the Morningstar U.S. Large Blend category and the S&P 500 in most periods.
- The increase in net assets to approximately $2.85 billion and the rise in net asset value per share to $23.07 from $21.28 year-over-year indicate strong growth and investor interest.
- The Fund's commitment to a minimum annual distribution rate of 8% of NAV provides reliability and may attract long-term shareholders seeking consistent income.
Potential Negatives
- Total return on the Fund’s net asset value for Q1 2026 was -4.8%, underperforming both the S&P 500 Index and the Morningstar U.S. Large Blend category.
- The Fund's market price total return was also negative at -4.2%, indicating a decline in shareholder value.
FAQ
What were the investment returns for Adams Diversified Equity Fund in Q1 2026?
The Fund reported a total return of -4.8% for Q1 2026.
How does the Fund's performance compare to the S&P 500?
The total return for the S&P 500 was -4.3% in the same period.
What is the net asset value per share as of March 31, 2026?
The net asset value per share was $23.07 as of March 31, 2026.
What are the top holdings in the Fund's equity portfolio?
The largest holdings include NVIDIA, Apple, and Alphabet, among others.
What is the historical annual distribution rate for Adams Funds?
Adams Funds have a minimum annual distribution rate of 8% of NAV.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$ADX Insider Trading Activity
$ADX insiders have traded $ADX stock on the open market 4 times in the past 6 months. Of those trades, 4 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $ADX stock by insiders over the last 6 months:
- JANIS F. KERNS (Gen. Counsel & Corp. Secretary) has made 4 purchases buying 321 shares for an estimated $7,458 and 0 sales.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$ADX Hedge Fund Activity
We have seen 101 institutional investors add shares of $ADX stock to their portfolio, and 66 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SABA CAPITAL MANAGEMENT, L.P. removed 1,339,238 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $31,231,030
- MORGAN STANLEY removed 504,785 shares (-21.4%) from their portfolio in Q4 2025, for an estimated $11,771,586
- UMB BANK, N.A. added 211,341 shares (+8591.1%) to their portfolio in Q4 2025, for an estimated $4,928,472
- WEALTH ENHANCEMENT ADVISORY SERVICES, LLC removed 159,493 shares (-37.0%) from their portfolio in Q1 2026, for an estimated $3,491,301
- CONSOLIDATED PORTFOLIO REVIEW CORP removed 153,564 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $3,581,112
- 1607 CAPITAL PARTNERS, LLC removed 144,136 shares (-22.1%) from their portfolio in Q4 2025, for an estimated $3,361,251
- MINICHMACGREGOR WEALTH MANAGEMENT, LLC removed 120,690 shares (-88.6%) from their portfolio in Q4 2025, for an estimated $2,814,490
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
BALTIMORE, April 16, 2026 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) today announced the Fund’s investment returns for the first quarter of 2026. The total return on the Fund’s net asset value for the first quarter of 2026 was -4.8%, with dividends and capital gains reinvested. This compared to -4.3% and -4.4% total return for the S&P 500 Index and the Morningstar U.S. Large Blend category, respectively. The total return on the Fund’s market price for the period was -4.2%.
The First Quarter Report to Shareholders is expected to be released on or about April 22, 2026.
ANNUALIZED COMPARATIVE RETURNS (3/31/2026)
| 1 Year | 3 Year | 5 Year | 10 Year | |
| Adams Diversified Equity Fund (NAV) | 17.8% | 18.6% | 12.6% | 14.9% |
| Adams Diversified Equity Fund (market price) | 25.2% | 23.5% | 14.8% | 16.3% |
| Morningstar U.S. Large Blend Category | 16.4% | 17.0% | 10.6% | 13.1% |
| S&P 500 | 17.8% | 18.3% | 12.1% | 14.2% |
NET ASSET VALUE ANNOUNCED
The Fund’s net asset value at March 31, 2026, compared with the year earlier, was:
| 3/31/2026 | 3/31/2025 | |
| Net assets | $2,854,922,339 | $2,529,977,563 |
| Shares outstanding | 123,761,531 | 118,862,758 |
| Net asset value per share | $23.07 | $21.28 |
TEN LARGEST EQUITY PORTFOLIO HOLDINGS (3/31/2026)
| % of Net Assets | |
| NVIDIA Corporation | 7.7% |
| Apple Inc. | 6.8% |
| Alphabet Inc. Class A | 5.4% |
| Microsoft Corporation | 5.3% |
| Amazon.com, Inc. | 3.9% |
| Broadcom Inc. | 2.8% |
| Adams Natural Resources Fund, Inc.* | 2.6% |
| Meta Platforms, Inc. Class A | 2.2% |
| JPMorgan Chase Co. | 2.1% |
| Tesla, Inc. | 1.7% |
| Total | 40.5% |
| * Non-controlled affiliated closed-end fund | |
SECTOR WEIGHTINGS (3/31/2026)
| % of Net Assets | |
| Information Technology | 32.4% |
| Financials | 12.6% |
| Consumer Discretionary | 10.0% |
| Consumer Services | 10.0% |
| Health Care | 9.5% |
| Industrials | 9.1% |
| Consumer Staples | 5.2% |
| Energy | 4.4% |
| Utilities | 2.5% |
| Real Estate | 1.9% |
| Materials | 1.8% |
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 please contact: adamsfunds.com/about/contact │800.638.2479
