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Olav23 · 05-16-2007, 08:15 PM

I was fooling around on the closed-end fund website (yeah, I know, how exciting!) and I came across this closed-end fund:

Adams Express Company (ADX) -

Adams Express Company is a diversified, closed-end management company. Its investment objectives are the preservation of capital, the attainment of a reasonable and dependable income from investments and an opportunity for capital appreciation consistent with the above.

The actual inception date of this fund is 10/1/1929.

The chart seems to only go back as far as 1970, but, it certainly doesn't look like a good investment to me (up a whole 50% in 30 years)! Although, i can't see it from 1929

Chart

I wonder what is the oldest fund still in existence.

05-16-2007, 08:15 PM	#1
Olav23 Recycles dryer sheets Join Date: Jul 2005 Posts: 423	I was fooling around on the closed-end fund website (yeah, I know, how exciting!) and I came across this closed-end fund: Adams Express Company (ADX) - Adams Express Company is a diversified, closed-end management company. Its investment objectives are the preservation of capital, the attainment of a reasonable and dependable income from investments and an opportunity for capital appreciation consistent with the above. The actual inception date of this fund is 10/1/1929. The chart seems to only go back as far as 1970, but, it certainly doesn't look like a good investment to me (up a whole 50% in 30 years)! Although, i can't see it from 1929 Chart I wonder what is the oldest fund still in existence.