Quarterly ResultApr 16, 2026, 04:28 PM
Adams Natural Resources Fund Q1 NAV Return 32.3%
AI Summary
Adams Natural Resources Fund, Inc. announced its investment returns for the first quarter of 2026. The Fund's net asset value (NAV) total return was 32.3%, slightly underperforming its benchmark's 32.6% return. The Fund's market price total return for the same period was 30.3%. The net asset value per share increased to $31.28 at March 31, 2026, from $25.74 a year prior.
Key Highlights
- Fund's Q1 2026 NAV total return was 32.3%.
- Benchmark (80% S&P 500 Energy, 20% Materials) returned 32.6%.
- S&P 500 Energy Sector returned 38.3%, Materials Sector 9.7%.
- Net asset value per share increased to $31.28 from $25.74 year-over-year.
- Exxon Mobil and Chevron are the top two holdings, comprising 40.7% of net assets.