ADAMS DIVERSIFIED EQUITY FUND (ADX) Company Report

Adams Diversified Equity Fund (ADX) reported a total return on net asset value of 18.9% for 2025, outperforming the S&P 500 Index (17.9%) and the Morningstar U.S. Large Blend Category (16.2%).
The Fund's market price total return for 2025 was 25.7%.
Shareholders received $1.85 per share in income dividends and capital gain distributions, resulting in an annual distribution rate of 8.1% on net asset value for 2025.
As of December 31, 2025, the net asset value per share was $24.72, and total net assets reached $3,028,642,556.
The largest equity portfolio holdings at year-end 2025 included NVIDIA Corporation (7.9%), Apple Inc. (7.3%), and Microsoft Corporation (6.6%), with Information Technology being the largest sector weighting at 34.1% of net assets.

Jan 16, 2026, 12:31 AM

Adams Diversified Equity Fund Declares Distribution and Reports 2025 Distribution Rate

ADX

Dividends

Adams Diversified Equity Fund (ADX) declared a distribution of $0.46 per share payable on December 23, 2025, to shareholders of record on November 21, 2025. Shareholders have the option to receive cash or additional shares, with the election deadline set for December 10, 2025.
The total distributions per share declared by the Fund in 2025 amount to $1.85, resulting in an annual distribution rate of 8.1%.
The estimated sources for the December 23, 2025 distribution are 9% Net Investment Income and 91% Net Realized Long-Term Gains. For the year-to-date 2025, the total distributions are estimated to be sourced from 9% Net Investment Income, 6% Net Realized Short-Term Gains, and 85% Net Realized Long-Term Gains.
As of October 31, 2025, the Fund reported an Average Annual Total Return (on NAV) of 18.3% for the 5-year period and a Cumulative Total Return (on NAV) of 18.9% for the fiscal year. The Annualized Current Distribution Rate and Cumulative Fiscal Year Distribution Rate were both 7.3% of NAV as of the same date.
This distribution marks the 61st consecutive year the Fund has paid out capital gains and the 90th consecutive year it has paid out dividends to its shareholders. The Fund is committed to paying a minimum annual distribution rate of 8% of NAV.