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Is Adams Natural Resources Fund an actively or passively managed fund?

Actively managed
Passively managed
Hybrid managed
Not managed

Answer

Adams Natural Resources Fund is an actively managed closed-end investment company. This means that the fund's portfolio managers make investment decisions based on research and analysis, aiming to outperform the market or a specific benchmark index. In contrast, passively managed funds typically track a market index and do not attempt to outperform it.