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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Adams Diversified Equity Fund Inc | NYSE:ADX | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.30 | 1.59% | 19.15 | 19.105 | 18.86 | 18.97 | 298,206 | 22:30:00 |
BALTIMORE, April 28, 2017 /PRNewswire/ -- Adams Diversified Equity Fund (NYSE: ADX) announced that Jeffrey R. Schollaert has been elected Vice President-Research, effective April 21, 2017.
Mr. Schollaert joined Adams Diversified Equity Fund in September 2015 as a senior equity analyst covering the financials and REIT sectors. Prior to joining the Fund, Mr. Schollaert worked at Wilmington Trust as a senior equity analyst and co-portfolio manager. His past experience also includes being a founding member of a financials-dedicated hedge fund at American Capital Strategies and a senior sell-side analyst at Wachovia Securities. "This is a well-deserved promotion for Jeff. He is a key contributor to the Fund. Jeff has a deep knowledge of financials and REITS and works well with our team to identify high-quality investments," said Mark E. Stoeckle, CEO of the Fund.
Mr. Schollaert holds a Bachelor of Arts degree in Mathematics from Colgate University, as well as an MBA from the University of Maryland's Robert H. Smith School of Business. He is a Chartered Financial Analyst.
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 80 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: www.adamsfunds.com.
Contact:
Nancy J. Floyd Prue
Executive Vice President, Director of Shareholder Communications
Adams Funds
410.752.5900 or 800.638.2479
prue@adamsfunds.com
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/jeffrey-r-schollaert-elected-vice-president---research-adams-diversified-equity-fund-300448034.html
SOURCE Adams Diversified Equity Fund, Inc.
Copyright 2017 PR Newswire
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