Fund Description: General American Investors was founded in 1927, and is a closed-end investment company that has been publicly traded since its inception and has been listed on the NYSE since 1930. The primary investment objective of the Company is long-term capital appreciation with lesser emphasis on current income. They focus on equity securities with growth potential at reasonable valuations. The Company has net assets of approximately $887 million applicable to its 29.8 million shares of common stock outstanding. The aggregate liquidation value of the Company’s preferred stock is $190 million.