Closed End Funds: Where Does That Discount Go?
Reuben Gregg Brewer - at Seeking Alpha - Fri Jan 30, 1:28PM CST
ADX: 14.08 (+0.11), PHK: 12.26 (+0.01), GGN: 7.59 (+0.12)
Closed End Funds Vs. ETFs, Which Is Better For You?
Reuben Gregg Brewer - at Seeking Alpha - Fri Jan 23, 3:25PM CST
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Adams Express Fund Announces Management Changes
PR Newswire - Wed Jan 21, 3:01PM CST
The Board of Directors of The Adams Express Company elected Mark E. Stoeckle, Chief Executive Officer, to the additional position of President, succeeding James P. Haynie, who was elected President of Petroleum & Resources Corporation, Adams Express's non-controlled affiliate. Mr. Haynie will continue to serve Adams Express as an Executive Vice President and member of the Fund's portfolio management team. In addition, D. Cotton Swindell has been elected an Executive Vice President of the Fund. He will join Mr. Stoeckle and Mr. Haynie on the portfolio management team. Nancy J. F. Prue, Executive Vice President, will be leaving the portfolio management team to assume the new role of Executive Vice President, Director of Shareholder Communications.
ADX: 14.08 (+0.11), PEO: 25.01 (+0.23)
Adams Express: A Good Fund, But Recent Changes Are A Risk
Reuben Gregg Brewer - at Seeking Alpha - Tue Jan 20, 5:51AM CST
ADX: 14.08 (+0.11)
Adams Express Is Proof That Closed-End Funds Can Survive Big Dividends
Reuben Gregg Brewer - at Seeking Alpha - Thu Jan 15, 8:40AM CST
ADX: 14.08 (+0.11)
InsiderInsights.com Daily Round Up 1/12/15: BH, LTS, OPK, SNCR
InsiderInsights - at Seeking Alpha - Tue Jan 13, 9:51AM CST
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Adams Express Fund announces USDD0.05 per share dividend
M2 - Fri Jan 09, 3:31AM CST
The Adams Express Company (NYSE:ADX), a diversified equity fund, disclosed on Thursday that its board of directors authorised a dividend of USD0.05 per share.
ADX: 14.08 (+0.11)
The Adams Express Company declares $0.05 dividend
Seeking Alpha - at Seeking Alpha - Thu Jan 08, 3:46PM CST
ADX: 14.08 (+0.11)
The Adams Express Fund Announces 2014 Outperformance: NAV Return Of 14.3%; Market Price Return Of 13.7%
PR Newswire - Thu Jan 08, 3:01PM CST
The Adams Express Company (NYSE: ADX) announces the Fund's investment returns for 2014.
ADX: 14.08 (+0.11)
Adams Express Fund Declares Dividend
PR Newswire - Thu Jan 08, 3:01PM CST
The Board of Directors of The Adams Express Company (NYSE: ADX) declared a dividend of $0.05 per share, payable March 2, 2015, to shareholders of record February 12, 2015, consisting of $0.02 net investment income, $0.01 short-term capital gain, and $0.01 long-term capital gain, all realized in 2014, and $0.01 net investment income realized in 2015.
ADX: 14.08 (+0.11)
The Adams Express Fund Extends Share Repurchase Program
PR Newswire - Thu Dec 11, 3:01PM CST
The Board of Directors of Adams Express (NYSE:ADX) voted today to extend the Fund's share repurchase program and has authorized the Fund to repurchase up to 5% of its outstanding shares of common stock (approximately 4,667,000 shares). Such repurchases may be made in the open market from time to time, as determined by the portfolio management team, when market conditions and portfolio management considerations warrant and the shares are trading at a discount of at least 10% from net asset value (NAV).
ADX: 14.08 (+0.11)
Adams Express Fund Announces $13.79 Issue Price Of Shares For Year-End Distribution Payable December 29, 2014
PR Newswire - Tue Dec 09, 3:01PM CST
The Adams Express Company (NYSE: ADX) has determined that $13.79 per share is the issue price for the closed-end fund's year-end distribution for shareholders who have elected to receive the distribution in the form of stock. This price is the mean between the high and low sales prices of the Fund's stock on the New York Stock Exchange on December 8, 2014.
ADX: 14.08 (+0.11)
Closed-End Funds Are Better For Income Investors Than Open-End Funds
Reuben Gregg Brewer - at Seeking Alpha - Mon Dec 08, 9:33AM CST
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Adams Express Fund announces increased year-end distribution of USD1.03 per share
M2 - Fri Nov 14, 5:14AM CST
Adams Express (NYSE:ADX), a self management investment trust, announced on Thursday that it will pay a year-end distribution of USD1.03 per share.
ADX: 14.08 (+0.11)
Adams Express Fund Declares Year-End Distribution; Exceeds Its Annual 6% Minimum Distribution Rate Commitment
PR Newswire - Thu Nov 13, 11:59AM CST
Adams Express (NYSE: ADX) declared today a year-end distribution of $1.03 per share. The total distributions by the Fund for 2014 will be $1.18, including the distributions of $0.15 per share made prior to today's announcement. The annual distribution rate represented by these distributions is 8.8%.
ADX: 14.08 (+0.11)
Advantex Outlines Corporate Renewal Initiatives, Announces Fiscal 2014 Financial Results
Marketwired - Tue Oct 28, 4:23PM CDT
Advantex Marketing International Inc. (CNSX: ADX), a specialist in marketing loyalty-reward programs, today outlined numerous measures it has taken to renew its business and put it on course for improved financial performance.
ADX: 14.08 (+0.11)
Special Opportunities Fund announces submission of shareholder proposals to four closed-end funds
M2 - Mon Oct 20, 6:59AM CDT
Special Opportunities Fund Inc (NYSE:SPE), a closed-end diversified management investment company, has submitted shareholder proposals to four closed-end funds whose shares it owns, it stated on Friday.
SPE: 15.27 (+0.02), TY: 21.81 (+0.07), CET: 21.85 (+0.18), ADX: 14.08 (+0.11), GAM: 35.39 (+0.20)
Shares of ADX Up 18.4% Since Uptrend Call on Shares
Comtex SmarTrend(R) - Thu Oct 09, 4:49PM CDT
SmarTrend identified an Uptrend for Adams Express (NYSE:ADX) on March 6th, 2013 at $11.54. In approximately 19 months, Adams Express has returned 18.37% as of today's recent price of $13.66.
ADX: 14.08 (+0.11)
The Adams Express Fund Reports Nine-Month Results
PR Newswire - Thu Oct 09, 3:01PM CDT
The Adams Express Company (NYSE: ADX) today announced the Fund's results for the nine months ended September 30, 2014. The Fund outperformed both its benchmark and Lipper peer group during the period. The total return on the Fund's net asset value, with dividends and capital gains reinvested, was 9.2%. Comparable figures for the Standard & Poor's 500 Composite Stock Index ("S&P 500"
ADX: 14.08 (+0.11)