Is ADX a Friend, Question Mark or Foe?

ADX is classified a Friend under the Income Quality Score framework, based on long-duration distribution and total-return history. This is a research classification, not investment advice.

How safe is the ADX distribution?

A Friend is an income asset whose long-term economic total return has historically covered its distributions and whose distribution has been stable over the available history. It describes a track record of durable, well-covered income.

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Public snapshot

ADX Income Quality Score

Name: ADX Income Quality Score
Creator: Income Quality Score
Keywords: ADX income quality, ADX dividend quality, ADX dividend safety, ADX distribution history, ADX dividend score, ADX analysis, Adams Diversified Equity Fund, Inc. dividend

Adams Diversified Equity Fund, Inc. (ADX) has an Income Quality Score of 69/100, classified as a Friend with high confidence, based on a 10-year income and total-return history.

Adams Diversified Equity Fund, Inc. (ADX) is a closed-end fund and is part of the IQ Score universe.

July 2026 snapshotAs of June 30, 2026Lookback: 10-year

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Long-term focused10-year income and total-return analysis

Data-drivenObjective scoring across 5 quality, distribution and risk signals

Clear classificationFriends to own. Foes to avoid.

IQ Score

69/100

FriendHigh confidence

Asset Type

CEF

Exchange

NYSE

Trailing Yield (TTM)

Not published

No normalized trailing yield is published for closed-end funds in this snapshot.

Rank in CEF Universe

71 of 358

Lookback

10-year

Data as of

June 30, 2026

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About this snapshot
This is the public July 2026 snapshot. Public snapshots are delayed and frozen: once released, a month's scores do not change, and current data is reserved for members. The July 2026 snapshot is published as the public launch snapshot.

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ADXAdams Diversified Equity Fund, Inc.

69FriendHigh confidence

Snapshot: 2026-06
Data as of: 2026-06-30
Lookback: 10-year
Asset type: Closed-End Fund

IQ Score History

Reconstructed monthly scores are computed from current data and methodology. Published snapshots are the frozen monthly releases, marked on the line. Where the methodology changed, the line is broken rather than joined across the change.

Signals & Drivers

IQ signal scores

Each signal is normalised to 0–100 and combined by weight into the overall IQ Score.

Economic Payout Coverage

81/100

Working Capital Preservation

91/100

Distribution Cut Score

10/100

Distribution Trend

6/100

NAV CAGR

100/100

What is working

Economic return covers long-term payout
Working capital preserved over time
Stable NAV over available history

What to watch

3+ years with a material annual distribution decline
Distributions declining year-over-year

Flags & gates

Chronic Dist Cuts

Distribution Safety

24Years raised

4Years cut

43Years of data

CutCurrent trend

High confidence (10-year history)

material annual cash distribution decline (event metadata cannot confirm whether the recurring/base distribution rate itself was cut)

19840.08Held
19851.28Raised
19862.9667Raised
19872.2933Lower total
19880.3233Lower total
19890.32Held
19900.32Held
19911.0867Raised
19921.096Held
19931.0834Lower total
19940.3233Lower total
19951.1166Raised
19961.1566Raised
19971.3067Raised
19981.4Raised
19991.6366Raised
20001.8267Raised
20011.61Lower total
20020.73Lower total
20030.78Raised
20040.89Raised
20050.78Lower total
20060.9Raised
20071.03Raised
20080.63Lower total
20090.45Lower total
20100.49Raised
20110.61Raised
20120.66Raised
20130.83Raised
20141.16Raised
20150.92Lower total
20160.99Raised
20171.38Raised
20182.0Raised
20191.42Cut
20201.13Cut
20212.98Raised
20221.07Cut
20231.3Raised
20242.5Raised
20251.85Cut
20260.95Partial year

Distributions per year, from the frozen distribution-stability signal. “Lower total” means the calendar-year sum was smaller than the prior year (often a special-distribution rolloff or timing shift), but did not decline more than the engine's 10% material-decline threshold — see Years Cut above for years that did.

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IQ Score is a long-duration quality and distribution-safety classification for income assets. It is research based on historical data, not personal investment advice, and it does not tell you what to buy or sell. Figures reflect a delayed public snapshot and may differ from current data.