Adams Express Company (NYSE:ADX)

CAPS Rating: 3 out of 5

A diversified investment company. An equity fund whose investment policy is essentially based on the primary objectives of preservation of capital, the attainment of reasonable income from investments and an opportunity for capital appreciation.

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Member Avatar BaseBawl (26.82) Submitted: 4/15/2014 2:50:40 PM : Outperform Start Price: $12.69 ADX Score: +2.49

Dividend booster.

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Member Avatar Krosser (< 20) Submitted: 6/18/2010 4:47:51 AM : Outperform Start Price: $8.17 ADX Score: -5.94

Trades at a discount to its underlying NAV.

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Member Avatar IlanBigfoot (93.86) Submitted: 6/9/2010 12:27:50 PM : Underperform Start Price: $7.94 ADX Score: +7.23

Has underperformed S&P500 for 3, 5, and 10 years, with mostly large-cap holdings. Dividend history is confusing, pays a nickle Q1,2&3; than in November pays a much larger dividend that is mostly made up of a return of capital, draining the value of the fund. Actual dividends passed on from holdings is much less:

Distribution Yield (Market) 4.63%
Income Only Yield 1.30%

Adams appears to yield income less than the S&P500. Compare ADX's 1.3% to SPY's 1.92%.

IMO, Adams' benefit of 14.7% discount to NAV is eaten up by fees (Mgmt Fees   0.667%, Expense Ratio 0.900%) and poor stock selection.

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Member Avatar claygrant1974 (21.99) Submitted: 4/28/2010 2:10:30 PM : Outperform Start Price: $8.95 ADX Score: -9.71

Discounted!

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Member Avatar ChannelDunlap (< 20) Submitted: 7/15/2009 4:52:17 PM : Underperform Start Price: $6.82 ADX Score: +8.86

Looks like this very closely matches the S&P. Pretty much flip a coin and close it at the right time. Red-Thumbed due to a lower dividend yield than SPY.

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Member Avatar zhi8 (< 20) Submitted: 3/28/2009 12:44:53 AM : Outperform Start Price: $5.94 ADX Score: -15.30

Nice diversified set of top rated large cap companies selling at larger than normal historic discount.

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Member Avatar agage (< 20) Submitted: 8/3/2008 10:24:01 AM : Underperform Start Price: $8.76 ADX Score: +2.40

I have owned ADX for years and have considered the return as mediocre. I still own it because othersseem to rate it rather well

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Member Avatar LattePup (97.76) Submitted: 1/5/2007 8:26:56 PM : Outperform Start Price: $9.30 ADX Score: +1.15

discount to NAV

Results 1 - 8 of 8

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