The total return on the Fund’s net asset value for 2022 was -17.3%, with dividends and capital gains reinvested. The comparable figures for the S&P 500 Index and Morningstar
The Fund paid
The 2022 Annual Report is expected to be released on or about
ANNUALIZED ONE, THREE, AND FIVE-YEAR COMPARATIVE RETURNS (12/31/22)
1 Year | 3 Year | 5 Year | ||
-17.3% | 8.4% | 10.3% | ||
-19.8% | 6.6% | 9.8% | ||
Morningstar | -18.2% | 7.2% | 8.8% | |
S&P 500 | -18.1% | 7.7% | 9.4% |
NET ASSET VALUE ANNOUNCED
The Fund’s net asset value at the end of 2022, compared with the year earlier, was:
Net assets | ||
Shares outstanding | 120,900,484 | 117,872,178 |
Net asset value per share |
TEN LARGEST EQUITY PORTFOLIO HOLDINGS (12/31/22)
% of Net Assets | ||
Microsoft Corporation | 6.8 | % |
Apple Inc. | 5.9 | % |
Alphabet Inc. Class A | 3.1 | % |
UnitedHealth Group Incorporated | 2.5 | % |
2.3 | % | |
Amazon.com, Inc. | 2.2 | % |
Mastercard Incorporated Class A | 2.0 | % |
Thermo Fisher Scientific Inc. | 2.0 | % |
Visa Inc. Class A | 1.8 | % |
Berkshire Hathaway Inc. Class B | 1.7 | % |
Total | 30.3 | % |
* Non-controlled affiliated closed-end fund. |
SECTOR WEIGHTINGS (12/31/22)
% of Net Assets | ||
Information Technology | 25.4 | % |
Health Care | 15.7 | % |
Financials | 11.9 | % |
Consumer Discretionary | 10.4 | % |
Industrials | 8.5 | % |
Communication Services | 7.3 | % |
Consumer Staples | 6.8 | % |
Energy | 5.2 | % |
Utilities | 3.0 | % |
Materials | 2.6 | % |
Real Estate | 2.5 | % |
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,
For further information please contact: adamsfunds.com/about/contact 800.638.2479
Source:
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