The FinancialContent Network     SocialPicks Community   |   MarketMinute Monitor   |   MarketMinute Market Updates   |   MarketMinute Stock News
SocialPicks
   Sign Up   |   Log In   |   What is SocialPicks?     
Please sign up for SocialPicks site access - it's free!

 Adams Express Company  (ADX) Trade Now »     Rate ADX  -  Discuss ADX  -  Add to Watch List         Graphic_subscribe

       Sector: Financial  >  Industry: Misc. Financial Services
SocialPicks Sentiment:
N/A

** not enough data to be rated 		This Quarter's Sentiment:
All:
100.0%
Top:
0.0%
Rate ADX:



ADX Analysis & Videos »


ADX: Bull or Bear?

Adams Express: A Cheap Closed-End Fund Graphic_rating_buy ADX
-17.21%
in 460 days

Adams Express (ADX) is a closed end fund that can be used a good substitute for an S&P 500 Index fund. It seems very attractive at $12 or less. Here are some good features of ADX:

<>
  • Low expense ratio: The annual expense ratio of 0.44% is one of the lowest for a closed end fund.
  • Low turnover: The ADX management does very little trading (low turnover ratio) which means that the "hidden" trading costs are also very low.
  • Good long term performance: Since inception in 1979, the fund has averaged about 12% per year.
    • <>High discount to NAV: ADX has been trading at a 14% discount to NAV which is at the hig...
    By  George Spritzer   (-22.37%  risk: aggressive)  08/19/08 Comment


    Three CEFs Offering Assets on the Cheap Graphic_rating_buy ADX
    -16.98%
    in 513 days

    Call me cheap, but I love buying things at a discount. The idea of purchasing a dollar's worth of goods or assets for 90 cents makes my inner Buffet very happy.

    One of the ways I think investors can benefit from "cheapness" is to purchase closed-end funds or CEFs. Closed-end funds are created during an IPO, with the cash raised invested. The shares of the fund are traded on the major exchanges just like regular stocks.

    By  Aaron Levitt   (-25.78%  risk: moderate)  06/27/08 Comment





    People Bullish on ADX

    		paulroy
    Analyst
    N/A
    5 mos ago

    		George Spritzer
    Tracked Blogger
    N/A
    about 1 year ago

    		Aaron Levitt
    Tracked Blogger
    N/A
    about 1 year ago


    People Bearish on ADX

    ROCK-STAR INVESTORS
    Rank Name Sharpe Ratio Avg Return Followers
    1 noshoes 21.10 +34.75% 378
    2 Gerald Greene 18.14 +69.56% 208
    3 stockmarketfunding.com 17.66 +25.70% 55
    4 akiralegrand 13.47 +14.32% 61
    5 anup2104 12.13 +75.10% 38


    POPULAR STOCKS
    Symbol Company Name Sentiment
    AIG American International Group Inc.
    GOOG Google Inc
    BA The Boeing Company
    FRE Freddie Mac
    SBUX Starbucks Corp
    RIMM Research in Motion Ltd

    TODAY'S HEADLINES

    TODAY'S TOP PICKS

    		 

    StreetInsider.com on ADX


    Discussion Wall + Add  

    Be the first to start a discussion and earn 2 points.



    More Resources

    Graphic_arrow1 About Adams Express Company - Answers.com

    Graphic_arrow1 Historical Prices - Yahoo

    Graphic_arrow1 Message Boards - BoardCentral.com

    Graphic_arrow1 More Info:     Yahoo   |   Google   |   Reuters




    		IN THE PRESS
    Press_forbes Press_washingtonpost Press_wsj Press_npr Press_techcrunch