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Adams Natural Resources Fund Reports Nine Month Results

BALTIMORE, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE:PEO) today announced the Fund's results for the nine months ended September 30th. The total return on Adams Natural Resources' net asset value, with dividends and capital gains reinvested, was 10.2%. This compares to a total return of 9.5% for the Fund's benchmark, which is comprised of the S&P 500 Energy Sector (80% weight) and the S&P 500 Materials Sector (20% weight), over the same period. The total return on the market price of the Fund's shares for the period was 16.3%.

For the twelve months ended September 30th, the total return on Adams Natural Resources' net asset value, with dividends and capital gains reinvested, was 6.2%. Comparable return for the Fund's benchmark was 4.9%. The total return on the market price of the Fund's shares for the period was 9.2%.

The Third Quarter Report to Shareholders is expected to be available on or about October 23, 2024.

 

ANNUALIZED COMPARATIVE RETURNS (9/30/2024)

 

 

1 Year

3 Year

5 Year

10 Year

Adams Natural Resources Fund (NAV)

6.2%

21.8%

14.6%

4.4%

Adams Natural Resources Fund (market price)

9.2%

22.1%

15.5%

4.8%

S&P 500 Energy Sector

0.9%

24.1%

13.9%

4.0%

S&P 500 Materials Sector

25.2%

9.1%

13.0%

9.1%