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/.
| Nav & Stock Price Per Share | |
| Net Asset Value: | $ 11.86 |
| Closing Price: |
$ 10.28 |
| Discount: | -13.3% |
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This is the closing price from the NYSE on 05/17/2012. |
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| annual DISTRIBUTION Rate | |
| 2011 | 6.1% |
| 5-Year Average | 5.8% |
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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 Company's Common Stock for the calendar year in years prior to 2011 and for the 12 months ended October 31 in 2011. As of September 8, 2011, the Board of Directors committed to an annual distribution rate of at least 6%. |
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