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Description:

Adams Express Company is a diversified equity investment company with a conservative investment philosophy suitable as a core holding for long-term investors. Structured as a closed-end fund since 1929, our investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation.

The portfolio is managed with the expectation that it will generate market returns with lower-than-market risk for shareholders. Investments are made with an eye towards protecting your original investment and generating dividends and capital gains that can be used as a source of income, or reinvested to increase your holdings in the fund.

The Company’s portfolio managers, Douglas Ober, Chairman, and Joseph Truta, President, have been managing the fund together for over 20 years, and both brought several years of prior industry experience to the fund. They are supported by a team of research analysts that looks for investments that offer long-term earnings growth at a reasonable price. The analysts’ recommendations are presented to the portfolio managers and are reviewed by the Board of Directors.

The fund has generated 1-year, 3-year, 5-year, and 10-year returns of 17.9%, 10.9%, 6.3%, and 8.4% respectively.

From company website


As of 12/31/06

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