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%.
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.