Adams Natural Resources Fund Announces First Quarter 2025 Performance
GlobeNewswire Inc.
April 17, 2025 9:51PM GMT
BALTIMORE, April 17, 2025 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) announces the Fund’s investment returns for the first quarter of 2025. The total return on the Fund’s net asset value for the first quarter of 2025 was 8.8%, with dividends and capital gains reinvested. The comparable figures for the S&P 500 Energy Sector and the S&P 500 Materials Sector were 10.2% and 2.8%, respectively. Our benchmark, which is comprised of the S&P 500 Energy Sector (80%) and the S&P 500 Materials Sector (20%), returned 8.7%. The total return on the Fund’s market price for the same period was 7.4%.
The First Quarter Report to Shareholders is expected to be released on or about April 23, 2025.
ANNUALIZED COMPARATIVE RETURNS (3/31/2025) | ||||||||
| ||||||||
| 1 Year | 3 Year | 5 Year | 10 Year | ||||
Adams Natural Resources Fund (NAV) | 1.4 | % | 10.1 | % | 29.1 | % | 6.7 | % |
Adams Natural Resources Fund (market price) | 8.9 | % | 11.3 | % | 31.3 | % | 6.9 | % |
S&P 500 Energy Sector | 2.5 | % | 11.1 | % | 31.6 | % | 6.2 | % |
S&P 500 Materials Sector | -5.7 | % | 1.3 | % | 16.1 | % | 8.1 | % |
NET ASSET VALUE ANNOUNCED
The Fund’s net asset value at March 31, 2025, compared with the year earlier, was:
| 3/31/2025 | 3/31/2024 | ||
Net assets | $684,022,125 | $712,708,809 | ||
Shares outstanding |
| 26,575,646 |
| 25,506,011 |
Net asset value per share | $25.74 | $27.94 |
TEN LARGEST EQUITY PORTFOLIO HOLDINGS (3/31/2025) | ||
|
| |
| % of Net Assets | |
Exxon Mobil Corporation | 23.5 | % |
Chevron Corporation | 12.9 | % |
ConocoPhillips | 6.0 | % |
Linde plc | 4.4 | % |
EOG Resources, Inc. | 3.8 | % |
Williams Companies, Inc. | 3.2 | % |
Hess Corporation | 3.2 | % |
Baker Hughes Company | 2.7 | % |
Kinder Morgan, Inc. | 2.7 | % |
ONEOK, Inc. | 2.6 | % |
Total | 65.0 | % |
INDUSTRY WEIGHTINGS (3/31/2025) | ||
| ||
| % of Net Assets | |
Energy |
| |
Integrated Oil & Gas | 36.4 | % |
Exploration & Production | 21.4 | % |
Storage & Transportation | 10.9 | % |
Refining & Marketing | 6.2 | % |
Equipment & Services | 5.9 | % |
|
| |
Materials |
| |
Chemicals | 12.7 | % |
Metals & Mining | 2.8 | % |
Containers & Packaging | 1.8 | % |
Construction Materials | 1.3 | % |
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 90 years across many market cycles. The Funds are committed to paying a minimum annual distribution rate of 8% of NAV paid evenly each quarter throughout the year, providing reliability for long-term shareholders. A portion of any distribution may be treated as paid from sources other than net income, including but not limited to short-term capital gain, long-term capital gain, and return of capital. The final determination of the source of all distributions for tax reporting purposes in a calendar year, including the percentage of qualified dividend income, will be made after year-end. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: adamsfunds.com.
For further information: adamsfunds.com/about/contact │800.638.2479
