BALTIMORE, Jan. 14, 2016 /PRNewswire/ -- Adams Natural
Resources Fund, Inc. (PEO) announces the Fund's investment returns
for 2015. The total return on the Fund's net asset value for
the twelve months ended December 31,
2015 was -19.1%, with dividends and capital gains
reinvested. The comparable figures for the Lipper Global Natural
Resources Funds Index, the Dow Jones U.S. Oil & Gas Index, and
the Dow Jones U.S. Basic Materials Index were -22.2%, -22.0%, and
-12.4%, respectively. The total return on the Fund's market
price for the same period was -20.0%.
The Fund paid $1.38 per share in
income dividends and realized capital gain distributions to
shareholders in 2015, producing an annual distribution rate of
6.2%, exceeding the Fund's annual 6% minimum distribution rate
commitment. Details regarding the annual 6% minimum distribution
rate commitment can be found at www.adamsfunds.com.
The 2015 Annual Report is expected to be released on or about
February 23, 2016.
ANNUALIZED ONE, THREE AND FIVE-YEAR COMPARATIVE RETURNS
(12/31/15)
|
1
Year
|
3
Year
|
5
Year
|
|
Adams Natural
Resources Fund (NAV)
|
-19.1%
|
-2.6%
|
-0.7%
|
|
Adams Natural
Resources Fund (market)
|
-20.0%
|
-2.8%
|
-1.3%
|
|
Lipper Global Natural
Resources Funds Index
|
-22.2%
|
-9.2%
|
-8.5%
|
|
DJ U.S. Oil & Gas
Index
|
-22.0%
|
-3.7%
|
-0.6%
|
|
DJ U.S. Basic
Materials Index
|
-12.4%
|
2.9%
|
0.5%
|
NET ASSET VALUE ANNOUNCED
The Fund's net asset value at the end of 2015, compared with the
year earlier, was:
|
12/31/15
|
12/31/14
|
|
Net assets
|
$582,676,811
|
$754,505,739
|
|
Shares
outstanding
|
28,096,651
|
27,380,920
|
|
Net asset value per
share
|
$20.74
|
$27.56
|
TEN LARGEST EQUITY PORTFOLIO HOLDINGS (12/31/15)
|
% of Net
Assets
|
|
Exxon Mobil
Corp.
|
19.8%
|
|
Chevron
Corp.
|
9.6%
|
|
Schlumberger
Ltd.
|
6.7%
|
|
Phillips
66
|
4.4%
|
|
Dow Chemical
Co.
|
4.0%
|
|
EOG Resources,
Inc.
|
3.9%
|
|
LyondellBasell
Industries N.V. (Class A)
|
3.9%
|
|
Occidental Petroleum
Corp.
|
3.7%
|
|
Monsanto
Co.
|
3.3%
|
|
Halliburton
Co.
|
3.0%
|
|
Total
|
62.3%
|
SECTOR WEIGHTINGS (12/31/15)
|
% of Net
Assets
|
|
Energy
|
|
|
Integrated Oil &
Gas
|
29.4%
|
|
Exploration &
Production
|
22.3%
|
|
Oil Equipment &
Services
|
13.5%
|
|
Refiners
|
7.7%
|
|
Pipelines
|
4.3%
|
|
Renewable Energy
Equipment
|
0.8%
|
|
Basic
Materials
|
|
|
Chemicals
|
17.2%
|
|
General
Industrials
|
1.7%
|
|
Industrial
Metals
|
1.3%
|
|
Gold & Precious
Metals
|
0.8%
|
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.
Contact:
Nancy J. Floyd
Prue
Executive Vice President
Director of Shareholder Communications
prue@adamsfunds.com
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SOURCE Adams Natural Resources Fund, Inc. (PEO)