{"id":749805,"date":"2023-04-20T16:58:11","date_gmt":"2023-04-20T20:58:11","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/"},"modified":"2023-04-20T16:58:11","modified_gmt":"2023-04-20T20:58:11","slug":"adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/","title":{"rendered":"Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"left\">BALTIMORE, April  20, 2023  (GLOBE NEWSWIRE) &#8212; The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payable June 1, 2023, to shareholders of record May 18, 2023. This distribution represents the second payment this year toward the Fund\u2019s annual 6% minimum distribution rate commitment, which can be found at adamsfunds.com.<\/p>\n<p align=\"center\">\n        <strong>FIRST QUARTER PERFORMANCE<\/strong>\n      <\/p>\n<p>For the three months ended March 31<sup>st<\/sup>, the total return on Adams Natural Resources\u2019 net asset value, with dividends and capital gains reinvested, was -2.8%. This compares to a total return of -3.2% for the Fund\u2019s benchmark, which is comprised of the S&amp;P 500 Energy Sector (83% weight) and the S&amp;P 500 Materials Sector (17% weight), over the same period. The total return on the market price of the Fund\u2019s shares for the period was -5.3%.<\/p>\n<p>For the twelve months ended March 31<sup>st<\/sup>, the total return on Adams Natural Resources\u2019 net asset value, with dividends and capital gains reinvested, was 10.2%. This compares to a total return of 9.8% for the Fund\u2019s benchmark, which is comprised of the S&amp;P 500 Energy Sector (83% weight) and the S&amp;P 500 Materials Sector (17% weight), over the same period. The total return on the market price of the Fund\u2019s shares for the period was -5.8%.<\/p>\n<p>\n        <strong>For further information please contact: <\/strong><br \/>\n        <strong>adamsfunds.com\/about\/contact or 800.638.2479<\/strong><br \/>\n        \n      <\/p>\n<p>The First Quarter Report to Shareholders is expected to be available on or about April 26, 2023.<\/p>\n<p align=\"center\">\n        <strong>ANNUALIZED COMPARATIVE RETURNS (3\/31\/2023)<\/strong>\n      <\/p>\n<table align=\"center\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-collapse: collapse;width:70%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:70%;width:70%;min-width:70%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:10%;width:10%;min-width:10%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">1 Year<\/td>\n<td style=\"max-width:10%;width:10%;min-width:10%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">3 Year<\/td>\n<td style=\"max-width:10%;width:10%;min-width:10%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: center;vertical-align: middle;vertical-align: middle\">5 Year<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Adams Natural Resources Fund (NAV)<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">10.2%<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">43.7%<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">9.9%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Adams Natural Resources Fund (market price)<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">5.8%<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">44.1%<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">9.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">S&amp;P 500 Energy Sector<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">13.6%<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">48.4%<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">9.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">S&amp;P 500 Materials Sector<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">-6.3%<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">23.9%<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: center;vertical-align: middle;vertical-align: middle\">9.6%<\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        <strong><br \/>\n          <br \/>NET ASSET VALUE ANNOUNCED<\/strong>\n      <\/p>\n<p align=\"left\">The Fund\u2019s net asset value at March 31, 2023, compared with the year earlier, was:<\/p>\n<table align=\"center\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-collapse: collapse;width:65%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:48%;width:48%;min-width:48%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:26%;width:26%;min-width:26%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3\/31\/2023<\/td>\n<td style=\"max-width:26%;width:26%;min-width:26%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">3\/31\/2022<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Net assets<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$627,152,193<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$597,963,876<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Shares outstanding<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">25,082,799<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">24,484,655<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Net asset value per share<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$25.00<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-left: 0;text-align: right;vertical-align: middle;vertical-align: middle\">$24.42<\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        <strong><br \/>\n          <br \/>TEN LARGEST EQUITY PORTFOLIO HOLDINGS (3\/31\/2023)<\/strong>\n      <\/p>\n<table align=\"center\" style=\"border-top: solid black 1pt;border-collapse: collapse;width:60%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:71%;width:71%;min-width:71%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"max-width:29%;width:29%;min-width:29%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">% of Net Assets<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Exxon Mobil Corporation<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">23.4<strong>%<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Chevron Corporation\u00a0\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">14.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">ConocoPhillips<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">7.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Schlumberger N.V.<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">4.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Marathon Petroleum Corporation<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">4.3%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Linde plc<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">3.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Pioneer Natural Resources Corporation<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">3.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Phillips 66<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">3.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">EOG Resources<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">2.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Hess Corporation<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">2.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle;text-align: left;padding-left: 25.0px;vertical-align: middle\">Total<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">68.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<td style=\"border-top: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: middle\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p align=\"center\">\n        <strong><br \/>\n          <br \/>SECTOR WEIGHTINGS (3\/31\/2023)<\/strong>\n      <\/p>\n<table align=\"center\" style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;border-collapse: collapse;width:60%;border-collapse:collapse\">\n<tr>\n<td style=\"max-width:61%;width:61%;min-width:61%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: left;vertical-align: middle;vertical-align: top\">\u00a0<\/td>\n<td style=\"max-width:39%;width:39%;min-width:39%;border-top: solid black 1pt;border-bottom: solid black 1pt;text-align: right;vertical-align: middle;vertical-align: bottom\">% of Net Assets<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Energy<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">81.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Integrated Oil &amp; Gas<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">37.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Exploration &amp; Production<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">23.0%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Refining &amp; Marketing<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">9.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Equipment &amp; Services<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">6.5%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Storage &amp; Transportation<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">5.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Materials<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">17.7%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Chemicals<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">12.2%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Metals &amp; Mining<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">3.8%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Containers &amp; Packaging<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">1.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;vertical-align: middle\">Construction Materials<\/td>\n<td style=\"border-top: solid black 1pt;border-bottom: solid black 1pt;padding-right: 0;text-align: right;vertical-align: middle;vertical-align: middle\">0.6%<\/td>\n<\/tr>\n<\/table>\n<p>\n        \n      <\/p>\n<p align=\"left\">\n        <strong>About Adams Funds\u00a0<\/strong>\n      <\/p>\n<p align=\"left\">Since 1929, Adams Funds has consistently helped generations of investors reach their investment goals. Adams Funds is comprised of two closed-end funds, Adams Diversified Equity Fund, Inc. (NYSE: ADX) and Adams Natural Resources Fund, Inc. (NYSE: PEO).The Funds are actively managed by an experienced team with a disciplined approach and have paid dividends for more than 85 years across many market cycles. The Funds are committed to paying an annual distribution rate of 6% or more, providing reliable income to long-term investors. Shares can be purchased through our transfer agent or through a broker. For more information about Adams Funds, please visit: adamsfunds.com.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMjUxMSM1NTM2OTMyIzUwMDA5NzY5NQ==\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NzUxZDVmZDEtZWE0My00NGY3LTkyNzctYmRhYmM2ZTQ5ZjI1LTUwMDA5NzY5NQ==\/tiny\/Adams-Natural-Resources-Fund-I.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>For further information please contact: adamsfunds.com\/about\/contact or 800.638.2479<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BALTIMORE, April 20, 2023 (GLOBE NEWSWIRE) &#8212; The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payable June 1, 2023, to shareholders of record May 18, 2023. This distribution represents the second payment this year toward the Fund\u2019s annual 6% minimum distribution rate commitment, which can be found at adamsfunds.com. FIRST QUARTER PERFORMANCE For the three months ended March 31st, the total return on Adams Natural Resources\u2019 net asset value, with dividends and capital gains reinvested, was -2.8%. This compares to a total return of -3.2% for the Fund\u2019s benchmark, which is comprised of the S&amp;P 500 Energy Sector (83% weight) and the S&amp;P 500 &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-749805","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BALTIMORE, April 20, 2023 (GLOBE NEWSWIRE) &#8212; The Board of Directors of Adams Natural Resources Fund, Inc. (NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payable June 1, 2023, to shareholders of record May 18, 2023. This distribution represents the second payment this year toward the Fund\u2019s annual 6% minimum distribution rate commitment, which can be found at adamsfunds.com. FIRST QUARTER PERFORMANCE For the three months ended March 31st, the total return on Adams Natural Resources\u2019 net asset value, with dividends and capital gains reinvested, was -2.8%. This compares to a total return of -3.2% for the Fund\u2019s benchmark, which is comprised of the S&amp;P 500 Energy Sector (83% weight) and the S&amp;P 500 &hellip; Continue reading &quot;Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-04-20T20:58:11+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMjUxMSM1NTM2OTMyIzUwMDA5NzY5NQ==\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance\",\"datePublished\":\"2023-04-20T20:58:11+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\\\/\"},\"wordCount\":476,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODgxMjUxMSM1NTM2OTMyIzUwMDA5NzY5NQ==\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\\\/\",\"name\":\"Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance - 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(NYSE: PEO) today declared a distribution of $.10 per share from net investment income, payable June 1, 2023, to shareholders of record May 18, 2023. This distribution represents the second payment this year toward the Fund\u2019s annual 6% minimum distribution rate commitment, which can be found at adamsfunds.com. FIRST QUARTER PERFORMANCE For the three months ended March 31st, the total return on Adams Natural Resources\u2019 net asset value, with dividends and capital gains reinvested, was -2.8%. This compares to a total return of -3.2% for the Fund\u2019s benchmark, which is comprised of the S&amp;P 500 Energy Sector (83% weight) and the S&amp;P 500 &hellip; Continue reading \"Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/","og_site_name":"Market Newsdesk","article_published_time":"2023-04-20T20:58:11+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMjUxMSM1NTM2OTMyIzUwMDA5NzY5NQ==","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance","datePublished":"2023-04-20T20:58:11+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/"},"wordCount":476,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODgxMjUxMSM1NTM2OTMyIzUwMDA5NzY5NQ==","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/adams-natural-resources-fund-declares-distribution-and-announces-first-quarter-performance-2\/","name":"Adams Natural Resources Fund Declares Distribution and Announces First Quarter Performance - 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