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Adams Natural Resources Fund Inc V.PEO


Primary Symbol: PEO

Adams Natural Resources Fund, Inc. (the Fund) is a non-diversified investment company. The Fund is an internally managed closed-end fund specializing in energy and other natural resources stocks. The Fund's investment objectives are preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation. The Fund invests at least 80% of its assets in petroleum or natural resources industries or industries connected with, serving and/or supplying the petroleum or natural resources industries. The Fund has broad flexibility to invest in stocks of varying capitalizations, and primarily invests in stocks found in the S&P 500 Energy and S&P 500 Materials sectors. The Fund invests at least 25% of its assets in petroleum and petroleum-related industries. The Fund may invest up to 25% of its assets in commodities related to petroleum, minerals and related products, including swaps. The Fund may invest up to 10% of its assets in real property.


NYSE:PEO - Post by User

Post by retiredcfon Feb 15, 2019 9:22am
60 Views
Post# 29369642

Stocks to Watch

Stocks to Watch

Our roundup of Canadian small-caps of between $100-million and $2.5-billion in market capitalization making news and on the move today.

People Corp. (PEO-X) announced late Thursday the acquisition of Winnipeg-based Life Benefit Solutions Inc., an employee group benefits and retirement solutions consulting firm. The terms of the transaction weren't disclosed.

"Life Inc. is an outstanding business that has established a leading position in the large, growing and important First Nation market segment," stated People Corp. CEO Laurie Goldberg. "For People Corporation, this partnership establishes a meaningful entry point into this market from which to continue to build."

 
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