Adams Diversified Equity Fund : Jeffrey R. Schollaert Elected Vice President-Research of Adams Diversified Equity Fund
April 28, 2017 at 03:39 pm EDT
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BALTIMORE, MARYLAND - April 28, 2017 - Adams Diversified Equity Fund (NYSE: ADX) 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. 'This is a well-deserved promotion for Jeff. He is a key contributor to the Fund. Jeff has a deep knowledge of financials and REITS and works well with our team to identify high-quality investments,' said Mark E. Stoeckle, CEO of the Fund.
Mr. Schollaert holds a Bachelor of Arts degree in Mathematics from Colgate University, as well as an MBA from the University of Maryland's Robert H. Smith School of Business. He is a Chartered Financial Analyst.
About Adams Funds
Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO).The Funds are actively managed by an experienced team with a disciplined approach and have paid dividends for more than 80 years across many market cycles. The Funds are committed to paying an annual distribution rate of 6% or more, providing reliable income to long-term investors. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: www.adamsfunds.com.
For further information, please contact:
Nancy J. Floyd Prue, CFA
Director of Shareholder Communications
410.752.5900 or 800.638.2479
email
Adams Diversified Equity Fund Inc. published this content on 28 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 April 2017 19:39:14 UTC.
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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. 
