Adams Natural Resources Fund Reports Nine-Month Results

Donnerstag, 13.10.2016 22:20 von

PR Newswire

BALTIMORE, Oct. 13, 2016 /PRNewswire/ --

PERFORMANCE

Adams Natural Resources Fund, Inc. (NYSE: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 14.2%. Comparable figures for the Dow Jones U.S. Oil & Gas Index and the Dow Jones U.S. Basic Materials Index were 17.9% and 13.6%, respectively. The total return on the market price of the Fund's shares for the period was 14.2%.

Adams Funds

For the twelve months ended September 30th, the total return on Adams Natural Resources' net asset value, with dividends and capital gains reinvested, was 16.4%. Comparable figures for the Dow Jones U.S. Oil & Gas Index and the Dow Jones U.S. Basic Materials Index were 17.2% and 24.8%, respectively. The total return on the market price of the Fund's shares for the period was 18.3%.

NET ASSET VALUE


9/30/2016

9/30/2015

Net assets

$654,966,712

$591,256,907

Shares outstanding

28,092,075

27,392,910

Net asset value per share

$23.31

$21.58

The Third Quarter Report to Shareholders is expected to be released on or about October 21, 2016.

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.

Contact:
Nancy J. Floyd Prue
Executive Vice President
Director of Shareholder Communications
410.752.5900 │ prue@adamsfunds.com

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SOURCE Adams Natural Resources Fund, Inc.