All charts and data below are with dividends reinvested. (Inflation adjustment is OFF !)

Total Real Returns

GAM: Total Return Chart (with Dividends Reinvested)

GAM total return snapshot: GAM returned +15.11% over the past year and +10.44% YTD, with dividends reinvested. Since Mar. 17, 1980, GAM is up +14,657.68% in nominal total return, or +11.31%/yr, and is currently −4.55% below its total-return high on Aug. 25, 2026.

Data ending Tue Oct. 20, 2026

Growth of $10,000

Mon 1980-03-17💬 to Tue 2026-10-20 Overall
Return 		Exponential
Trendline
GAM × 		+14,657.68%
+11.31%/yr 		+10.29%/yr
R2=0.956
General American Investors Closed Fund NYSE Common Stock

Growth of $10,000 Summary

Mon 1980-03-17💬 to Tue 2026-10-20 Start
Value 		End
Value
GAM × 		$10,000.00
1980-03-17 		$1,475,767.92
2026-10-20

This Year’s Performance

through 2026-10-20

  YTD YoY
GAM × 		+10.44% +15.11%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
GAM × 		−4.55%
on 2026-10-20
from 2026-08-25 peak 		−66.66%
on 2009-03-09
from 2007-10-16 peak

Rolling Returns

Period ending Tue 2026-10-20 1 yr 2 yr 3 yr 5 yr 10 yr
GAM × 		+15.11% +46.08%
+20.86%/yr 		+106.22%
+27.28%/yr 		+120.02%
+17.08%/yr 		+290.25%
+14.59%/yr

Annual Returns

Year GAM
2026 (YTD) +10.44%
2025 +28.63%
2024 +29.55%
2023 +26.84%
2022 −10.18%
2021 +28.04%
2020 −0.83%
2019 +33.99%
2018 −10.25%
2017 +12.50%
2016 +8.30%
2015 −7.80%
2014 +9.45%
2013 +34.38%
2012 +17.96%
2011 −5.32%
2010 +16.24%
2009 +36.87%
2008 −48.27%
2007 +8.73%
2006 +16.76%
2005 +13.60%
2004 +8.89%
2003 +27.05%
2002 −27.18%
2001 +5.37%
2000 +18.34%
1999 +39.63%
1998 +31.32%
1997 +40.37%
1996 +17.39%
1995 +22.02%
1994 −14.49%
1993 −15.94%
1992 +15.48%
1991 +86.46%
1990 +5.20%
1989 +51.07%
1988 +8.96%
1987 −14.16%
1986 +14.77%
1985 +16.06%
1984 −19.18%
1983 +9.77%
1982 −3.80%
1981 −2.74%
1980 +78.66%