ADX / ADX: Solid Equity CEF With High Distribution Yield, Attractive 13.8% Discount

Adams Diversified Equity Fund is currently trading at a 14.2% discount but may not be an appealing option due to trading at a deep discount regularly. more_horizontal

Adams Diversified Equity Fund aims to match or beat the performance of the S&P 500 index while delivering a dividend yield of 6-7% annually. The fund more_horizontal

The ADX fund has been in operation since 1929. It provides long-term capital appreciation and high current distributions from a portfolio of diversifi more_horizontal

ADX has a committed distribution of 6 percent, whereas the actual yield is even higher. It has generated a long-term return of almost 18 percent, beat more_horizontal

ADX has a minimum 6% annual distribution policy; this is done through a small quarterly and is topped off at year-end. In 2021, we saw an abnormally l more_horizontal

ADX is an equity-focused CEF that has been around since 1929. The fund invests in a blend of high-quality, large-cap companies and currently shows up more_horizontal

ADX is a plain vanilla equity fund that mostly mirrors the S&P 500, with significantly less holdings. The bit of a twist is the annual year-end specia more_horizontal

This selloff has gone on seemingly forever, and I'm hearing from more investors who are feeling nervous. more_horizontal