Adams Diversified Equity Fund, Inc. Declares Year-End Distribution for 2016, Payable on December 28, 2016
November 10, 2016 at 04:15 pm EST
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Adams Diversified Equity Fund, Inc. declared a year-end distribution of $0.84 per share. The total distributions by the fund for 2016 will be $0.99. The annual distribution rate represented by these distributions is 7.8%. The year-end distribution consists of the following: $0.79 per share from net capital gains realized during 2016, comprised all of long-term gain; and $0.05 per share from 2016 net investment income. The payable date for the distribution is December 28, 2016, the record date is November 25, 2016, and the ex-dividend date is November 22, 2016. The year-end distribution is payable in stock or cash at the option of each shareholder.
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. 
