Adams Diversified Equity Fund, Inc. Declares Distribution, Payable on February 26, 2021
January 21, 2021 at 04:14 pm EST
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The board of directors of Adams Diversified Equity Fund, Inc. declared a distribution of $0.05 per share, payable on February 26, 2021, to shareholders of record on February 12, 2021, consisting of $0.02 net investment income and $0.02 long-term capital gain, both realized in 2020, and $0.01 net investment income realized in 2021.
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).