Adams Natural Resources Fund, Inc. (the Fund) is a non-diversified closed-end investment company. The investment objectives of the Fund are preservation of capital, the attainment of reasonable income from investments and an opportunity for capital appreciation. The Fund specializes in energy and other natural resources stocks. The Fund invests in a range of sectors, including energy, which include exploration and production, integrated oil and gas, oil equipment and services, pipelines and refiners, and Basic Materials, which include chemicals, general industrials, gold and precious metals, and industrial metals. Adams Funds Advisers, LLC serves as an investment advisor to the Fund.