Adams Diversified Equity Fund Announces First Half 2025 Performance

Core Insights - Adams Diversified Equity Fund, Inc. reported a total return of 7.8% on its net asset value for the first half of 2025, outperforming the S&P 500 Index's return of 6.2% and the Morningstar U.S. Large Blend category's return of 5.7% [1] - The Fund's market price total return for the same period was 12.4% [1] Performance Summary - Annualized comparative returns as of June 30, 2025, show the following: - 1 Year: NAV at 15.1%, market price at 18.0%, Morningstar U.S. Large Blend at 13.6%, S&P 500 at 15.2% - 3 Year: NAV at 20.5%, market price at 24.0%, Morningstar U.S. Large Blend at 18.2%, S&P 500 at 19.7% - 5 Year: NAV at 17.2%, market price at 19.2%, Morningstar U.S. Large Blend at 15.5%, S&P 500 at 16.6% - 10 Year: NAV at 14.3%, market price at 15.1%, Morningstar U.S. Large Blend at 12.3%, S&P 500 at 13.7% [4] Net Asset Value - As of June 30, 2025, the Fund's net assets were $2,804,959,277, down from $2,938,344,145 a year earlier - Shares outstanding decreased from 124,051,735 to 120,125,125 - Net asset value per share decreased from $23.69 to $23.35 [6] Equity Portfolio Holdings - The ten largest equity portfolio holdings as of June 30, 2025, accounted for 40.8% of net assets, with the following key positions: - Microsoft Corporation: 7.7% - NVIDIA Corporation: 7.5% - Apple Inc.: 6.1% - Amazon.com, Inc.: 4.1% - Alphabet Inc. Class A: 3.4% - Meta Platforms, Inc. Class A: 3.3% - Broadcom Inc.: 2.6% - JPMorgan Chase & Co.: 2.5% - Adams Natural Resources Fund, Inc.: 1.9% - Netflix, Inc.: 1.7% [7] Sector Weightings - As of June 30, 2025, sector weightings were as follows: - Information Technology: 32.7% - Financials: 13.8% - Consumer Discretionary: 10.7% - Communication Services: 9.8% - Health Care: 9.2% - Industrials: 8.1% - Consumer Staples: 5.8% - Energy: 3.2% - Utilities: 2.4% - Real Estate: 2.1% - Materials: 1.7% [9]