Adams Diversified Equity Fund Announces First Quarter 2025 Performance

BALTIMORE, April 17, 2025 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund, Inc. (NYSE: ADX) announces the Fund’s investment returns for the first quarter of 2025. The total return on the Fund’s net asset value for the first quarter of 2025 was -3.9%, with dividends and capital gains reinvested. This compared to -4.3% total return for both the S&P 500 Index and the Morningstar U.S. Large Blend category. The total return on the Fund’s market price for the period was -3.9%.

The First Quarter Report to Shareholders is expected to be released on or about April 23, 2025.

ANNUALIZED COMPARATIVE RETURNS (3/31/2025)
	1 Year		3 Year		5 Year		10 Year
Adams Diversified Equity Fund  (NAV)	6.8	%	9.4	%	18.7	%	13.0	%
Adams Diversified Equity Fund (market price)	11.4	%	10.8	%	19.6	%	13.4	%
Morningstar U.S. Large Blend Category	6.4	%	8.1	%	17.6	%	11.2	%
S&P 500	8.3	%	9.1	%	18.6	%	12.5	%

NET ASSET VALUE ANNOUNCED

The Fund’s net asset value at March 31, 2025, compared with the year earlier, was:

	3/31/2025		3/31/2024
Net assets	$2,529,977,563		$2,829,484,494
Shares outstanding		118,862,758		124,051,688
Net asset value per share	$21.28		$22.81

TEN LARGEST EQUITY PORTFOLIO HOLDINGS (3/31/25)
	% of Net Assets
Apple Inc.	7.4	%
Microsoft Corporation	6.5	%
NVIDIA Corporation	5.7	%
Amazon.com, Inc.	4.3	%
Alphabet Inc. Class A	3.3	%
Meta Platforms, Inc. Class A	2.9	%
JP Morgan Chase & Co.	2.3	%
Adams Natural Resources Fund, Inc.*	2.2	%
Visa Inc. Class A	1.9	%
Broadcom Inc.	1.8	%
Total	38.3	%
* Non-controlled affiliated closed-end fund