The Adams Express Company is a publicly traded diversified equity fund that traces its roots to a 19th century freight and cargo transport company. 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 an eye toward protecting investors’ original investments and generating dividends and capital gains that can be used as a source of income or reinvested to increase investor holdings in the Fund.
Adams Express is one of the oldest companies listed on the New York Stock Exchange (NYSE: ADX) and one of only five companies that continues to operate as a closed-end fund since 1929. The Company has paid dividends continuously since 1935.
Read more about Adams Express Company: History, Cultural References
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