ADAM

Adamas Trust, Inc. operates as a closed-end management investment company focused on generating income and capital appreciation through strategic equity investments. Headquartered in Baltimore, Maryland, the trust manages a concentrated portfolio of publicly traded securities, primarily investing in small to mid-cap companies across various sectors. Unlike traditional mutual funds, ADAM functions as a non-diversified closed-end fund, maintaining a focused investment approach with typically fewer than 20 holdings at any given time. The trust trades on the OTC Markets under the ticker ADAM and is self-managed, meaning it does not employ an external investment advisor, which reduces management fee expenses. As of recent filings, the trust maintains total net assets in the range of $15-20 million. ADAM's investment strategy emphasizes value-oriented positions in companies with strong fundamentals and growth potential, allowing for significant position concentration compared to traditional diversified funds. The trust periodically distributes income to shareholders through dividends when portfolio gains permit. ADAM's board of directors maintains operational oversight while the trust's officers execute the investment strategy. The company files regular reports with the Securities and Exchange Commission, providing transparency into portfolio holdings and investment performance, making it accessible for retail investors seeking exposure to a managed equity portfolio through a closed-end structure.