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Adams Natural Resources Fund Reports Nine-Month Results

BALTIMORE, Oct. 17, 2018 /PRNewswire/ -- Adams Natural Resources Fund, Inc. (PEO) today announced the Fund's results for the nine months ended September 30th. The total return on Adams Natural Resources' net asset value, with dividends and capital gains reinvested, was 4.0%. Comparable figures for the period were 0.3% for the Lipper Global Natural Resources Funds Average and 6.2% for the Fund's benchmark, which is comprised of the Dow Jones U.S. Oil & Gas Index (80% weight) and the Dow Jones U.S. Basic Materials Index (20% weight). The total return on the market price of the Fund's shares for the period was 2.0%.

For the twelve months ended September 30th, the total return on Adams Natural Resources' net asset value, with dividends and capital gains reinvested, was 10.7%. Comparable figures for the period were 7.0% for the Lipper Global Natural Resources Funds Average and 13.2% for the Fund's benchmark.  The total return on the market price of the Fund's shares for the period was 7.8%.

NET ASSET VALUE

 


9/30/2018

9/30/2017

Net assets

$690,335,277

$652,532,456

Shares outstanding

28,995,647

28,550,279

Net asset value per share

$23.81

$22.86

The Third Quarter Report to Shareholders is expected to be released on or about October 26, 2018.


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Since 1929, Adams Funds have consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (ADX) and Adams Natural Resources Fund, Inc. (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: adamsfunds.com.

Contact:
Lyn Walther
Director of Shareholder Communications
800.638.2479 │ walther@adamsfunds.com




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