BALTIMORE, Oct. 12, 2017 /PRNewswire/ -- The Boards of
Directors of Adams Diversified Equity Fund (NYSE: ADX) and Adams
Natural Resources Fund (NYSE: PEO), two of the oldest closed-end
funds, announce the election of Lauriann C.
Kloppenburg as an independent director of the Funds,
effective October 12, 2017.
Ms. Kloppenburg retired as Chief Strategy Officer from Loomis,
Sayles & Company, a privately-owned investment manager, in 2013
after over 30 years with the company. She began her career as a
research assistant and served in a number of roles of increasing
responsibility at Loomis, including Director of Equity Research
from 1997 to 2004. She was Loomis' Equity Chief Investment Officer
from 2004 to 2012, and was also a member of its Board of Directors
from 2000 to 2013. Ms. Kloppenburg is a graduate of Wellesley College. She is currently a Board member
of the Forte Foundation, a Trustee for the Trustees of Donations
for the Protestant Episcopal Church, and serves on Advisory Boards
for Bentley University and Champlain
College.
"Lauriann is an accomplished business leader with extensive
experience in investment management," said Mark Stoeckle, CEO of the Funds. "She will add
great value to our Boards of Directors and we will benefit from her
insights."
"I am honored to join the Boards of Directors of these two
storied funds," said Ms. Kloppenburg. "I look forward to
contributing to the Funds' commitment to creating value for our
shareholders."
Since 1929, Adams Funds have 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:
Lyn Walther
Director of Shareholder Communications
Adams Funds
410.752.5900 or 800.638.2479
walther@adamsfunds.com
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SOURCE Adams Diversified Equity Fund, Inc.; Adams Natural
Resources Fund, Inc.