Adams Natural Resources Fund Announces First Quarter 2025 Performance
Adams Natural Resources Fund (NYSE: PEO) reported its Q1 2025 performance with a total return of 8.8% on net asset value (NAV), slightly outperforming its benchmark return of 8.7%. The Fund's market price return was 7.4% for the quarter.
The Fund's net assets decreased to $684.02 million as of March 31, 2025, compared to $712.71 million year-over-year, with NAV per share declining from $27.94 to $25.74. The portfolio maintains strong energy sector focus with Exxon Mobil (23.5%) and Chevron (12.9%) as top holdings.
Long-term performance shows 5-year annualized returns of 29.1% on NAV and 31.3% on market price. Industry weightings reveal significant exposure to Integrated Oil & Gas (36.4%) and Exploration & Production (21.4%), with Materials sector diversification through Chemicals (12.7%).
Adams Natural Resources Fund (NYSE: PEO) ha riportato per il primo trimestre 2025 un rendimento totale dell'8,8% sul valore patrimoniale netto (NAV), superando leggermente il rendimento di riferimento dell'8,7%. Il rendimento del prezzo di mercato del Fondo è stato del 7,4% nel trimestre.
Le attività nette del Fondo sono diminuite a 684,02 milioni di dollari al 31 marzo 2025, rispetto ai 712,71 milioni dello stesso periodo dell'anno precedente, con il NAV per azione in calo da 27,94 a 25,74 dollari. Il portafoglio mantiene un forte focus sul settore energetico con Exxon Mobil (23,5%) e Chevron (12,9%) come principali partecipazioni.
La performance a lungo termine mostra rendimenti annualizzati a 5 anni del 29,1% sul NAV e del 31,3% sul prezzo di mercato. La composizione settoriale evidenzia un'esposizione significativa a Oil & Gas Integrato (36,4%) e Esplorazione & Produzione (21,4%), con una diversificazione nel settore Materiali tramite Chimica (12,7%).
Adams Natural Resources Fund (NYSE: PEO) reportó su desempeño del primer trimestre de 2025 con un retorno total del 8,8% sobre el valor neto de los activos (NAV), superando ligeramente el rendimiento de referencia del 8,7%. El retorno del precio de mercado del fondo fue del 7,4% en el trimestre.
Los activos netos del fondo disminuyeron a 684,02 millones de dólares al 31 de marzo de 2025, frente a 712,71 millones del año anterior, con el NAV por acción cayendo de 27,94 a 25,74 dólares. La cartera mantiene un fuerte enfoque en el sector energético, con Exxon Mobil (23,5%) y Chevron (12,9%) como principales posiciones.
El desempeño a largo plazo muestra retornos anualizados a 5 años del 29,1% sobre el NAV y del 31,3% sobre el precio de mercado. La ponderación por industrias revela una exposición significativa a Petróleo y Gas Integrado (36,4%) y Exploración y Producción (21,4%), con diversificación en el sector de Materiales a través de Químicos (12,7%).
Adams Natural Resources Fund (NYSE: PEO)는 2025년 1분기 실적을 순자산가치(NAV) 기준 총수익률 8.8%로 보고했으며, 벤치마크 수익률 8.7%를 약간 상회했습니다. 해당 분기의 시장 가격 수익률은 7.4%였습니다.
펀드의 순자산은 2025년 3월 31일 기준 6억 8,402만 달러로 전년 동기 7억 1,271만 달러 대비 감소했으며, 주당 NAV는 27.94달러에서 25.74달러로 하락했습니다. 포트폴리오는 에너지 섹터에 강하게 집중되어 있으며, Exxon Mobil (23.5%)과 Chevron (12.9%)이 주요 보유 종목입니다.
장기 성과는 NAV 기준 5년 연평균 수익률 29.1%와 시장 가격 기준 31.3%를 나타냅니다. 산업별 비중은 통합 석유 및 가스(36.4%)와 탐사 및 생산(21.4%)에 대한 상당한 노출을 보이며, 소재 섹터에서는 화학(12.7%)을 통한 다각화를 유지하고 있습니다.
Adams Natural Resources Fund (NYSE : PEO) a publié ses résultats du premier trimestre 2025 avec un rendement total de 8,8% sur la valeur nette d'inventaire (VNI), dépassant légèrement le rendement de référence de 8,7%. Le rendement du prix de marché du fonds s'est élevé à 7,4% pour le trimestre.
Les actifs nets du fonds ont diminué pour atteindre 684,02 millions de dollars au 31 mars 2025, contre 712,71 millions un an plus tôt, avec une baisse de la VNI par action de 27,94 à 25,74 dollars. Le portefeuille conserve une forte concentration sur le secteur de l'énergie avec Exxon Mobil (23,5%) et Chevron (12,9%) comme principales positions.
La performance à long terme affiche des rendements annualisés sur 5 ans de 29,1% sur la VNI et de 31,3% sur le prix de marché. La répartition sectorielle révèle une exposition significative au pétrole et gaz intégré (36,4%) et à l'exploration & production (21,4%), avec une diversification dans le secteur des matériaux via la chimie (12,7%).
Adams Natural Resources Fund (NYSE: PEO) meldete für das erste Quartal 2025 eine Gesamtrendite von 8,8% auf den Nettoinventarwert (NAV) und übertraf damit leicht die Benchmark-Rendite von 8,7%. Die Marktrendite des Fonds lag im Quartal bei 7,4%.
Die Nettovermögenswerte des Fonds sanken zum 31. März 2025 auf 684,02 Millionen US-Dollar gegenüber 712,71 Millionen US-Dollar im Vorjahreszeitraum, wobei der NAV je Aktie von 27,94 auf 25,74 Dollar zurückging. Das Portfolio behält einen starken Fokus auf den Energiesektor mit Exxon Mobil (23,5%) und Chevron (12,9%) als Hauptbestandteilen.
Die langfristige Performance zeigt 5-Jahres-durchschnittliche Renditen von 29,1% auf den NAV und 31,3% auf den Marktpreis. Die Branchengewichtung offenbart eine bedeutende Exponierung im Bereich Integrierte Öl- & Gasunternehmen (36,4%) und Exploration & Produktion (21,4%) sowie eine Diversifikation im Materialsektor durch Chemie (12,7%).
- Outperformed benchmark with 8.8% NAV return in Q1 2025
- Strong 5-year annualized returns of 29.1% on NAV
- Well-diversified portfolio across energy and materials sectors
- 65% of assets concentrated in blue-chip energy companies
- Net assets declined 4% year-over-year to $684.02 million
- NAV per share decreased 7.9% from $27.94 to $25.74
- Underperformed S&P 500 Energy Sector's 10.2% Q1 return
- 1-year return of 1.4% shows significant slowdown from 5-year performance
Insights
Adams Natural Resources Fund posted solid Q1 2025 returns of 8.8%, outperforming its benchmark while showing mixed long-term results.
Adams Natural Resources Fund (NYSE: PEO) delivered strong Q1 2025 performance with an 8.8% total return on NAV, slightly outpacing its benchmark's 8.7% return. This performance sits between the 10.2% return of the S&P 500 Energy Sector and the 2.8% return of the Materials Sector.
The fund's market price return of 7.4% for Q1 lagged its NAV performance, indicating some market valuation compression. Long-term results show a mixed picture - while one-year NAV returns were modest at 1.4%, significantly underperforming market price returns of 8.9%, the 5-year annualized returns are impressive at 29.1% (NAV) and 31.3% (market price).
Net assets decreased from
The portfolio remains heavily concentrated in energy (
BALTIMORE, April 17, 2025 (GLOBE NEWSWIRE) -- Adams Natural Resources Fund, Inc. (NYSE: PEO) announces the Fund’s investment returns for the first quarter of 2025. The total return on the Fund’s net asset value for the first quarter of 2025 was
The First Quarter Report to Shareholders is expected to be released on or about April 23, 2025.
| ANNUALIZED COMPARATIVE RETURNS (3/31/2025) | ||||||||
| 1 Year | 3 Year | 5 Year | 10 Year | |||||
| Adams Natural Resources Fund (NAV) | 1.4 | % | 10.1 | % | 29.1 | % | 6.7 | % |
| Adams Natural Resources Fund (market price) | 8.9 | % | 11.3 | % | 31.3 | % | 6.9 | % |
| S&P 500 Energy Sector | 2.5 | % | 11.1 | % | 31.6 | % | 6.2 | % |
| S&P 500 Materials Sector | -5.7 | % | 1.3 | % | 16.1 | % | 8.1 | % |
NET ASSET VALUE ANNOUNCED
The Fund’s net asset value at March 31, 2025, compared with the year earlier, was:
| 3/31/2025 | 3/31/2024 | |||
| Net assets | ||||
| Shares outstanding | 26,575,646 | 25,506,011 | ||
| Net asset value per share | ||||
| TEN LARGEST EQUITY PORTFOLIO HOLDINGS (3/31/2025) | ||
| % of Net Assets | ||
| Exxon Mobil Corporation | 23.5 | % |
| Chevron Corporation | 12.9 | % |
| ConocoPhillips | 6.0 | % |
| Linde plc | 4.4 | % |
| EOG Resources, Inc. | 3.8 | % |
| Williams Companies, Inc. | 3.2 | % |
| Hess Corporation | 3.2 | % |
| Baker Hughes Company | 2.7 | % |
| Kinder Morgan, Inc. | 2.7 | % |
| ONEOK, Inc. | 2.6 | % |
| Total | 65.0 | % |
| INDUSTRY WEIGHTINGS (3/31/2025) | ||
| % of Net Assets | ||
| Energy | ||
| Integrated Oil & Gas | 36.4 | % |
| Exploration & Production | 21.4 | % |
| Storage & Transportation | 10.9 | % |
| Refining & Marketing | 6.2 | % |
| Equipment & Services | 5.9 | % |
| Materials | ||
| Chemicals | 12.7 | % |
| Metals & Mining | 2.8 | % |
| Containers & Packaging | 1.8 | % |
| Construction Materials | 1.3 | % |
About Adams Funds
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 90 years across many market cycles. The Funds are committed to paying a minimum annual distribution rate of
For further information: adamsfunds.com/about/contact │800.638.2479
FAQ
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