Adams Natural Resources Fund Announces 2025 Performance

Core Insights - The Adams Natural Resources Fund achieved a total return of 9.4% on its net asset value for 2025, outperforming its benchmark which returned 9.1% [1][2] - The Fund's market price return for the same period was 9.9% [1] - The Fund distributed $2.05 per share in income dividends and realized capital gains, resulting in an annual distribution rate of 8.4% of net asset value [2] Performance Summary - The Fund's annualized returns for different periods are as follows: - 1 Year: 9.4% (NAV), 9.9% (market price) - 3 Year: 5.7% (NAV), 8.1% (market price) - 5 Year: 20.4% (NAV), 22.5% (market price) - 10 Year: 8.7% (NAV), 9.3% (market price) [3] Net Asset Value - As of December 31, 2025, the Fund's net assets were $662.42 million, an increase from $636.33 million in 2024 [5] - The number of shares outstanding rose to 27,501,854 from 26,284,550 [5] - The net asset value per share decreased slightly to $24.09 from $24.21 [5] Equity Portfolio Holdings - The top ten equity holdings as of December 31, 2025, accounted for 64.1% of net assets, with Exxon Mobil Corporation being the largest at 23.9% [6] Industry Weightings - The Fund's industry weightings include: - Exploration & Production: 15.4% - Storage & Transportation: 10.6% - Refining & Marketing: 7.5% - Equipment & Services: 6.1% - Chemicals: 9.6% - Metals & Mining: 5.5% - Construction Materials: 2.9% - Containers & Packaging: 1.7% [8]