Events

  • 04/19/2013
    04/19/2013
    Location: 
    Baltimore, MD

    Click here for the 1st quarter report.

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

     

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  • 03/19/2013
    03/19/2013
    Location: 
    The Maryland Club, 1 East Eager Street, Baltimore, Maryland 21202

    The Annual Meeting of Stockholders of The Adams Express Company, a Maryland corporation, will be held at the The Maryland Club, 1 East Eager Street, Baltimore, Maryland 21202, on Tuesday, March 19, 2013, at 10:00 a.m.

    Coat and tie is required and the use of cell phones is prohibited in the club. Complimentary parking is available.

  • 02/26/2013
    02/26/2013
    Location: 
    Baltimore, MD

    Click here for the 2012 Annual Report.


    Click here for the 2013 Proxy Statement.

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  • 02/26/2013
    02/26/2013
    Location: 
    Baltimore, MD

    Click here for the Winter 2013 newsletter.

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  • 10/19/2012
    10/19/2012
    Location: 
    Baltimore, MD

    Click here for the 3rd quarter report.

  • 10/19/2012
    10/19/2012
    Location: 
    Baltimore, MD

    Click here for the Fall 2012 newsletter.

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  • 07/20/2012
    07/20/2012
    Location: 
    Baltimore, MD

    Click here for the 2012 Semi-Annual Report.

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  • 02/23/2012
    02/23/2012
    Location: 
    Baltimore, MD

    Click here for the 2011 Annual Report.

    Click here for the 2012 Proxy Statement.

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  • 03/20/2012
    03/20/2012
    Location: 
    The Tremont Grand, 225 N. Charles Street, Baltimore, Maryland 21201

    The Annual Meeting of Stockholders of The Adams Express Company, a Maryland corporation, will be held at the Tremont Grand, 225 North Charles Street, Baltimore, Maryland 21201, on Tuesday, March 20, 2012, at 9:00 a.m.
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  • 12/08/2011
    12/08/2011
    Location: 
    Baltimore, MD

    Doug Ober was interviewed on MPT's "Your Money and Business".

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  • 03/22/2011
    03/22/2011
    Location: 
    The Hotel Monaco, 2 North Charles Street, Baltimore, Maryland 21202

    The Annual Meeting of Stockholders of The Adams Express Company, a Maryland corporation, will be held at the Hotel Monaco Baltimore, 2 North Charles Street, Baltimore, Maryland 21201, on Tuesday, March 22, 2011, at 9:00 a.m.

  • 11/04/2010
    11/04/2010
    Location: 
    Baltimore, MD

    Better Investing, PRNewswire and MUNCmedia invite individual and institutional investors and analysts to attend new interactive virtual conference

    Baltimore, MD, November 2, 2010  - The Adams Express Company (NYSE:ADX)  and Petroleum & Resources Corporation (NYSE:PEO), two closed-end funds, today announced that Douglas G. Ober, Chairman and Chief Executive Officer of both funds will present at RetailInvestorConfrences.com.

    DATE:    November 4, 2010
    TIME:     1 PM EST
    LINK:      www.retailinvestorconferences.com 

    The presentation will be a live, interactive online event where Mr. Ober will present an overview of Closed-End Funds and YTD results for ADX and PEO.  Mr. Ober will also discuss his outlook for the stock market and the energy sector over the next 6-12 months. Investors are invited to ask the portfolio manager questions in real-time during the presentation as well as in the companies’  “virtual trade booth.” If attendees are not able to join the event live an archive will be available for 90 days.

    It is recommended that investors pre-register to save time and receive event updates at: 

    www.retailinvestorconferences.com 

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    About The Adams Express Company
    The Adams Express Company (NYSE:ADX) is a publicly-traded diversified equity fund. The Company uses a conservative investment philosophy and the portfolio is managed with the expectation that it will generate solid returns with lower-than- market risk for long-term investors. Investments are made with a focus on 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 Company. One of the oldest companies listed on the New York Stock Exchange, Adams Express has been structured as a closed-end fund since 1929. The Company has paid dividends continuously since 1935.

    About Petroleum & Resources Corporation
    Petroleum & Resources Corporation (NYSE:PEO) is a publicly-traded equity investment fund for investors who seek a broadly diversified exposure to the energy and natural resources sectors in a conservatively-managed fund. Investments are made with a focus on 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 Corporation. Trading on the New York Stock Exchange since January 1929, the Corporation has paid dividends continuously since 1934.

    About RetailInvestorConferences.com
    RetailInvestorConferences.com, created by BetterInvesting (NAIC), PRNewswire and MUNCmedia, is the first monthly virtual investor conference series that provides an interactive forum for presenting companies to meet directly with retail investors using a graphically-enhanced online platform. Designed to replicate the look and feel of location-based investor conferences, Retail Investor Conferences unites PR Newswire’s leading-edge online conferencing and investor communications capabilities with BetterInvesting’s extensive retail investor audience network and MUNCmedia’s sophisticated retail investor targeting.

    Presenting Company Contact
    Geraldine H. Paré, Assistant Secretary
    pare@adamsexpress.com
    contact@adamsexpress.com 

    RetailInvestorConferences.com
    Bradley H. Smith+1.917.680.6011
    Bradley.smith@muncmedia.com  

  • 07/31/2010
    07/31/2010
    Location: 
    Baltimore, MD

    Click the following link to view the report:

    ADX - Q2 2010

     

     

     

     

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  • 11/13/2009
    11/13/2009
    Location: 
    Orlando, FL

    For details and registration, go to: http://www.aaii.com/programs/conference/.

  • 10/28/2009
    10/28/2009

    Please join us on October 28, 2009 for The Altman Group’s Closed-End Fund Conference Series.  This conference will allow you to listen to Portfolio Managers about not only their particular funds, but their views on the economy, the regions of which they invest in, their portfolios, strategies, and market outlook.  Each fund will have 45 minutes in which to present to you followed by a question and answer session which you can ask questions via your computer.

    Given the economic state, and the various rumors of “did we finally hit a bottom?”, the global outlook on emerging markets, the pros and cons of investing in closed-end funds versus ETF’s and the markets as a whole – this would be a great opportunity for you to listen to these presenters talking about their perspectives on the markets as well as a summary of their investment strategies.  A question and answer session will follow each presenter.

    http://www.investorcalendar.com/IC/CEPage.asp?ID=150410

  • 10/05/2009
    10/05/2009
    Location: 
    Baltimore, MD

    The topic is a primer on Closed-End Funds and how they make sense as an investment in today’s financial environment.  Adams Express joined the FPA of MD as a corporate partner.  In order to learn more about this half day conference which will provide continuing education credits, visit: http://www.fpamd.org/.

  • 06/26/2009
    06/26/2009
    Location: 
    Baltimore, MD

    View his presentation.

  • 06/17/2009
    06/17/2009
    Location: 
    Baltimore, MD

    Listen to his presentation.

Events

Stock and Distribution

Nav & Stock Price Per Share
Net Asset Value: $14.26
Closing Price:

$12.38

Discount: -13.2%

This is the closing price from the NYSE on 5/20/2013.

annual DISTRIBUTION Rate
2012 6.3%
5-Year Average 5.7%

The annual distribution rate is the total dividends and capital gain distributions during the year divided by the average month-end market price of the Fund's Common Stock for the calendar year in years prior to 2011 and for the 12 months ended October 31 in 2011 and later.

As of September 8, 2011, the Fund committed to an annual distribution rate of at least 6%.