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Saba Capital Management, L.P., a ten percent owner of Adams Natural Resources Fund, Inc. (NYSE:PEO), reported selling 14,733 shares of common stock on July 16, 2025. The shares were sold at a price of $21.8, for a total transaction value of $321,179. The fund, currently trading at $21.74 with a market capitalization of $571 million, offers a substantial 9.55% dividend yield and has maintained dividend payments for 54 consecutive years, according to InvestingPro data.
Following the transaction, Saba Capital Management, L.P. directly owns 2,854,703 shares of Adams Natural Resources Fund, Inc. The stock has shown resilience with a 5.24% year-to-date return and trades at a P/E ratio of 18.5. For deeper insights into PEO’s valuation and growth prospects, access the comprehensive Pro Research Report available on InvestingPro.
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