Adams Diversified Equity Fund Elects Jeffrey R. Schollaert as Vice President - Research
April 28, 2017 at 11:10 am EDT
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Adams Diversified Equity Fund announced that Jeffrey R. Schollaert has been elected Vice President-Research, effective April 21, 2017. Mr. Schollaert joined Adams Diversified Equity Fund in September 2015 as a senior equity analyst covering the financials and REIT sectors. Prior to joining the Fund, Mr. Schollaert worked at Wilmington Trust as a senior equity analyst and co-portfolio manager. His past experience also includes being a founding member of a financials-dedicated hedge fund at American Capital Strategies and a senior sell-side analyst at Wachovia Securities.
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).
ADAMS DIVERSIFIED EQUITY FUND, INC. 
