
Adams Natural Resources Fund reported an 18.4% total return on net asset value for the first half of 2026, outperforming the S&P 500 Materials Sector's 12.0% return and slightly exceeding its blended benchmark of 18.1%. The fund's market price return was 18.2%. Key holdings include Exxon Mobil and Chevron, with a strong focus on energy sectors. The fund's net asset value per share rose to $27.44 as of June 30, 2026, up from $23.61 a year earlier. The semi-annual shareholder report is expected around July 22, 2026.