BALTIMORE, April 28, 2017 /PRNewswire/ -- Adams
Diversified Equity Fund (NYSE: ADX) announced that Jeffrey R. Schollaert has been elected Vice
President-Research, effective April 21,
2017.
Mr. Schollaert joined Adams Diversified Equity Fund in
September 2015 as a senior equity
analyst covering the financials and REIT sectors. Prior to joining
the Fund, Mr. Schollaert worked at Wilmington Trust as a senior
equity analyst and co-portfolio manager. His past experience also
includes being a founding member of a financials-dedicated hedge
fund at American Capital Strategies and a senior sell-side analyst
at Wachovia Securities. "This is a well-deserved promotion for
Jeff. He is a key contributor to the Fund. Jeff has a deep
knowledge of financials and REITS and works well with our team to
identify high-quality investments," said Mark E. Stoeckle, CEO of the Fund.
Mr. Schollaert holds a Bachelor of Arts degree in Mathematics
from Colgate University, as well as an
MBA from the University of Maryland's
Robert H. Smith School of Business.
He is a Chartered Financial Analyst.
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 80 years across many
market cycles. The Funds are committed to paying an annual
distribution rate of 6% or more, providing reliable income to
long-term investors. Shares can be purchased through our transfer
agent or through a broker. For more information about Adams Funds,
please visit: www.adamsfunds.com.
Contact:
Nancy J. Floyd
Prue
Executive Vice President, Director of Shareholder
Communications
Adams Funds
410.752.5900 or 800.638.2479
prue@adamsfunds.com
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SOURCE Adams Diversified Equity Fund, Inc.