GAM

General American Investors Company, Inc. (NYSE:GAM) is one of America's oldest closed-end investment funds, founded in 1927 and publicly traded since 1980. Based in New York, the company has operated continuously for nearly a century, surviving the Great Depression, multiple market crashes, and various economic cycles. As a closed-end fund, GAM issues a fixed number of shares that trade on the stock exchange, distinguishing it from traditional open-end mutual funds that continuously issue and redeem shares at net asset value.