Adams Diversified Equity Fund, Inc. Elects Xuying Chang as Vice President-Research, Effective April 19, 2018
April 30, 2018 at 11:35 am EDT
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Adams Diversified Equity Fund announced that Xuying Chang has been elected Vice President-Research, effective April 19, 2018. Ms. Chang joined Adams Diversified Equity Fund in February 2014 as an equity analyst covering the technology sector. Prior to joining the Fund, Ms. Chang was a research analyst at Legg Mason Investment Counsel and a research associate at Morgan Stanley. She started her career as a consultant at KPMG Beijing and also worked at AT&T in Mergers & Acquisitions and Investor Relations.
Adams Diversified Equity Fund, Inc. (the Fund) is a diversified, closed-end investment company. The Fund is an internally managed fund whose investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. The Fund is an internally managed large-cap United States equity fund. The Fund invests at least 80% of its assets in highly liquid Standard and Poor's 500 (S&P 500) stocks. The Fund may invest up to 20% of assets in commodities (other than physical commodities), including swaps. The Fund invests in various sectors, such as communication services, consumer discretionary, consumer staples, energy, financials, health care, industrials, real estate, utilities, and information technology (IT).