ADX CEF is analyzed across 6 metrics including distributions, NAV discount, expense ratio, holdings, RSI, and MACD.
Adams Diversified Equity Fund (ADX) CEF Analysis
Adams Diversified Equity Fund — what kind of fund is this?
💰 This is a diversified investment closed-end fund (CEF) managed by the Adams Fund family, focusing on U.S. large-cap stocks, and aims to simultaneously pursue three objectives: capital preservation, reasonable income, and capital appreciation. As a long-running U.S. diversified equity CEF, it is characterized by quarterly distributions and trading at a discount to NAV.
Has the stock risen over the long term?
ADX Distribution Analysis
A key concern for CEF investors. Check yield, frequency, consistency, and trend at a glance.
| Ex-Date | Per-Share Amount | Yield at Time | Type |
|---|---|---|---|
| 2026-04-27 | $0.4800 | 9.55% | regular |
| 2026-01-26 | $0.4700 | 9.97% | regular |
| 2025-11-21 | $0.4600 | 16.72% | regular |
| 2025-07-28 | $0.4600 | 17.37% | regular |
| 2025-04-28 | $0.4600 | 18.12% | regular |
| 2025-01-27 | $0.4700 | 14.50% | regular |
| 2024-11-22 | $1.9600 | 12.24% | regular |
| 2024-08-05 | $0.4400 | 8.59% | regular |
| 2024-05-16 | $0.0500 | 6.73% | regular |
| 2024-02-08 | $0.0500 | 7.18% | regular |
| 2023-11-17 | $1.1500 | 13.34% | regular |
| 2023-08-17 | $0.0500 | 6.60% | regular |
Similar CEFs
Top CEFs by NAV in the same category (Closed-End Fund - Equity)
| Ticker | Fund Name | Net Assets | Distribution Rate | 1Y | 3Y | Price |
|---|---|---|---|---|---|---|
| ADX | (This Fund) | - | - | - | - | - |
| DNP | DNP Select Income Fund Inc | $4.2B | 7.09% | +11.9% | +8.0% | $11.00 |
| PSUS | Pershing Square USA Ltd | $3.7B | - | - | - | $36.75 |
| UTG | Reaves Utility Income Fund | $3.6B | 6.10% | +4.3% | +41.6% | $39.53 |
| UTF | Cohen & Steers Infrastructure Fund Inc | $3.1B | 6.84% | +4.3% | +20.6% | $27.73 |
| GDV | Gabelli Dividend & Income Trust | $2.6B | 5.87% | +11.8% | +37.4% | $29.82 |
| KYN | Kayne Anderson Energy Infrastructure Fund Inc | $2.4B | 6.93% | +18.2% | +68.8% | $14.42 |
| ETY | Eaton Vance Tax-Managed Diversified Equity Income Fund | $2.3B | 8.39% | -9.9% | +14.9% | $14.16 |
| RVT | Royce Small Cap Trust Inc | $2.2B | 7.96% | +16.8% | +28.3% | $18.08 |
4 Things to Check Before Investing in a CEF
Structural features unique to CEFs — and why distribution rate alone is not enough
NAV Discount / Premium
A CEF's market price does not always match its net asset value (NAV). A 10% discount means buying $1 worth of assets for 90 cents. As a rule, consider buying when the discount is wider than its long-term average and avoid funds trading at a premium (market price > NAV).
Leverage Ratio
Many CEFs use borrowed money to boost returns, typically with 20–40% leverage. When interest rates rise, borrowing costs increase, raising the risk of a distribution cut. If leverage is 30% or higher, be sure to factor in interest-rate risk.
Distribution Sources (ROC Share)
CEF distributions may include interest, dividends, capital gains, and Return of Capital (ROC). Persistently high ROC can erode NAV, increasing the likelihood of a distribution cut over time.
Total Expenses
CEF fees are often 1–2%, far higher than ETF fees of 0.03–0.5%. Including leverage costs, total expenses can exceed 3%. In some cases, high expenses offset much of the headline distribution rate.
FAQ
What kind of CEF is ADX?
ADX is a closed-end fund (CEF) that invests in Closed-End Fund - Equity.
What is the distribution yield of ADX?
ADX's distribution yield is approximately 7.53%, paid out on a regular basis.
What is the NAV of ADX?
ADX's NAV is $26.03, which can be compared to the market price to determine any discount or premium.
What are the assets under management of ADX?
ADX's assets under management (AUM) are approximately $3.2B.
What is the 52-week high and low for ADX?
ADX has recorded a 52-week high of $26.49 and a low of $20.91.
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