PR Newswire | Oct 21, 2021 04:11PM EDT

10/21 15:10 CDT

Adams Diversified Equity Fund Reports Nine Month Results BALTIMORE, Oct. 21, 2021

BALTIMORE, Oct. 21, 2021 /PRNewswire/ -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) today announced the Fund's results for the nine months ended September 30th. The total return on Adams Diversified Equity's net asset value, with dividends and capital gains reinvested, was 14.9%. Comparable figures for the S&P 500 and the Lipper Large-Cap Core Funds Average were 15.9% and 14.9%, respectively. The total return on the market price of the Fund's shares for the period was 15.4%.

For the twelve months ended September 30th, the total return on Adams Diversified Equity's net asset value, with dividends and capital gains reinvested, was 28.2%. Comparable figures for the S&P 500 and the Lipper Large-Cap Core Funds Average were 30.0% and 28.6%, respectively. The total return on the market price of the Fund's shares for the period was 29.4%.

NET ASSET VALUE

9/30/2021 9/30/2020

Net assets $2,538,318,809 $2,053,552,203

Shares outstanding 111,027,198 108,731,167

Net asset value per share $22.86 $18.89

The Third Quarter Report to Shareholders is expected to be available on or about October 27, 2021.

###

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: adamsfunds.com.

Contact:Investor Relations800.638.2479 ? investorrelations@adamsfunds.com

View original content to download multimedia: https://www.prnewswire.com/news-releases/adams-diversified-equity-fund-reports-nine-month-results-301406178.html

SOURCE Adams Funds