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 +26.42% over the past year and +10.68% YTD, with dividends reinvested. Since Mar. 17, 1980, GAM is up +14,689.53% in nominal total return, or +11.38%/yr, and is currently −0.34% below its total-return high on Apr. 23, 2026.

Data ending Fri Jul. 31, 2026

Growth of $10,000

Mon 1980-03-17💬 to Fri 2026-07-31 Overall
Return 		Exponential
Trendline
GAM × 		+14,689.53%
+11.38%/yr 		+10.28%/yr
R2=0.956
General American Investors Closed Fund NYSE Common Stock

Growth of $10,000 Summary

Mon 1980-03-17💬 to Fri 2026-07-31 Start
Value 		End
Value
GAM × 		$10,000.00
1980-03-17 		$1,478,953.36
2026-07-31

This Year’s Performance

through 2026-07-31

  YTD YoY
GAM × 		+10.68% +26.42%

Drawdowns

  Current
Drawdown 		Worst
Drawdown
GAM × 		−0.34%
on 2026-07-31
from 2026-04-23 peak 		−66.66%
on 2009-03-09
from 2007-10-16 peak

Rolling Returns

Period ending Fri 2026-07-31 1 yr 2 yr 3 yr 5 yr 10 yr
GAM × 		+26.42% +53.81%
+24.02%/yr 		+98.33%
+25.64%/yr 		+128.98%
+18.02%/yr 		+281.38%
+14.32%/yr

Annual Returns

Year GAM
2026 (YTD) +10.68%
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%