Adams Diversified Equity Fund Reports Nine Month Results

Adams Diversified Equity Fund, Inc. (NYSE: ADX) reported a total return of 12.9% on its net asset value for the first nine months of 2026, with dividends and capital gains reinvested. This performance exceeded the S&P 500 Index, which returned 12.8%, and the Morningstar U.S. Large Blend category, which returned 11.5%, over the same period. The total return on the Fund's market price for the nine months was 16.6%.

The Fund’s net assets stood at $3,319,950,999 as of September 30, 2026, up from $2,986,405,308 a year earlier. Shares outstanding increased to 126,070,756 from 121,337,257 in the prior year. The net asset value per share rose to $26.33 from $24.61.

The portfolio’s ten largest equity holdings accounted for 43.0% of net assets as of September 30, 2026. NVIDIA Corporation led with an 8.5% allocation, followed by Apple Inc. at 7.4% and Microsoft Corporation at 6.2%. Alphabet Inc. Class A represented 5.5%, while Amazon.com held a 3.9% stake. Other top positions included Broadcom Inc. at 2.6%, Meta Platforms, Inc. Class A at 2.4%, Adams Natural Resources Fund, Inc. at 2.3%, Advanced Micro Devices, Inc. at 2.2%, and JPMorgan Chase & Co. at 2.0%. Adams Natural Resources Fund is a non-controlled affiliated closed-end fund.

Sector weightings reveal a heavy concentration in Information Technology, which comprised 40.2% of net assets. Financials made up the second-largest allocation at 11.4%, followed by Communication Services at 9.6% and Health Care at 9.1%. Consumer Discretionary accounted for 8.8%, while Industrials represented 7.4%. Smaller allocations included Consumer Staples at 4.3%, Energy at 3.7%, Utilities at 1.8%, Real Estate at 1.6%, and Materials at 1.5%.

The Third Quarter Report to Shareholders is expected to be released on or about October 21, 2026.