The estimated Net Worth of Frederic A Escherich is at least $1.86 Milhão dollars as of 26 July 2022. Mr. Escherich owns over 4,248 units of Adams Natural Resources Fund Inc stock worth over $1,465,303 and over the last 19 years he sold PEO stock worth over $348,369. In addition, he makes $41,667 as Independent Director at Adams Natural Resources Fund Inc.
Frederic has made over 36 trades of the Adams Natural Resources Fund Inc stock since 2006, according to the Form 4 filled with the SEC. Most recently he bought 4,248 units of PEO stock worth $67,798 on 26 July 2022.
The largest trade he's ever made was buying 20,013 units of Adams Natural Resources Fund Inc stock on 24 June 2021 worth over $394,056. On average, Frederic trades about 1,259 units every 85 days since 2006. As of 26 July 2022 he still owns at least 66,726 units of Adams Natural Resources Fund Inc stock.
You can see the complete history of Mr. Escherich stock trades at the bottom of the page.
Frederic A. Escherich serves as Independent Director of the Company. Mr. Escherich brings to the Board extensive knowledge of securities investing and stock valuation gained from his 25 years at J.P. Morgan & Co. Inc. During his tenure at J.P. Morgan, Mr. Escherich served as head of mergers and acquisitions research for many years, and his responsibilities included evaluating numerous issues related to maximizing shareholder value and setting policies and procedures in connection with the valuation of companies, the assessment of various transaction types, analytical techniques, and securities. Since retiring in 2002, Mr. Escherich has focused full-time on private investing and is familiar with the dynamics of today’s equity markets. He has been deemed an audit committee financial expert, as that term is defined in federal securities regulations, by his fellow directors and currently serves as the Chair of the Fund’s Audit Committee.
As the Independent Director of Adams Natural Resources Fund Inc, the total compensation of Frederic Escherich at Adams Natural Resources Fund Inc is $41,667. There are 6 executives at Adams Natural Resources Fund Inc getting paid more, with Mark Stoeckle having the highest compensation of $658,291.
Frederic Escherich is 67, he's been the Independent Director of Adams Natural Resources Fund Inc since 2006. There are 4 older and 12 younger executives at Adams Natural Resources Fund Inc. The oldest executive at Adams Natural Resources Fund Inc is Enrique Arzac, 79, who is the Independent Director.
Frederic's mailing address filed with the SEC is ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE, MD, 21202.
Over the last 21 years, insiders at Adams Natural Resources Fund Inc have traded over $1,237,238 worth of Adams Natural Resources Fund Inc stock and bought 369,886 units worth $8,377,095 . The most active insiders traders include Capital Management, L.P.Wei..., Douglas G Ober, eJoseph M Truta. On average, Adams Natural Resources Fund Inc executives and independent directors trade stock every 65 days with the average trade being worth of $121,373. The most recent stock trade was executed by Capital Management, L.P.Wei... on 10 September 2024, trading 10,476 units of PEO stock currently worth $232,462.
adams funds is composed of two of the country’s oldest closed-end equity funds - adams diversified equity fund, inc. (nyse:adx) and adams natural resources fund, inc. (nyse:peo). as closed-end funds, shares of each fund’s common stock are listed and trade on the new york stock exchange. for over 85 years, both funds have been internally managed and have generated capital growth and income through portfolio performance, dividends, and distributions. the funds are managed by an experienced team employing a disciplined approach to identify investment opportunities and carefully manage risk. our funds have paid dividends for over 80 years and are committed to an annual distribution rate of at least 6%.
Adams Natural Resources Fund Inc executives and other stock owners filed with the SEC include: