General American Investors (GAM) vs Sixth Street Specialty Lending (TSLX)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
General American Investors (GAM) has outperformed Sixth Street Specialty Lending (TSLX) over the past year, gaining 1.4% versus a loss of 21.3%. Over five years, GAM leads with a +44.4% price change compared with -26.1% for TSLX. Sixth Street Specialty Lending is the larger company by market cap ($1.65 billion vs $1.54 billion), about 1.1 times the size.
On valuation, General American Investors trades at a lower trailing P/E (4.0x vs 18.6x for Sixth Street Specialty Lending). Sixth Street Specialty Lending offers the higher dividend yield (10.93% vs 9.93%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | GAM | TSLX |
|---|---|---|
| Share price | $64.47 | $17.29 |
| Market cap | $1.54B | $1.65B |
| 1-day change | +0.48% | +0.70% |
| YTD return | +9.19% | -20.90% |
| 1-year return | +1.39% | -21.34% |
| 5-year return | +44.37% | -26.11% |
| P/E ratio (TTM) | 4.04 | 18.59 |
| Forward P/E | — | 9.45 |
| EPS (TTM) | $15.94 | $0.93 |
| Dividend yield | 9.93% | 10.93% |
| Annual dividend | $6.40 | $1.89 |
| 52-week high | $68.57 | $23.19 |
| 52-week low | $56.24 | $16.04 |
| Distance from 52-week high | -5.98% | -25.44% |
| Analyst consensus | — | none |
| Avg. price target upside | — | +14.34% |
| Average volume | 18.89K | 460.35K |
| Shares outstanding | 23.83M | 95.34M |
| Sector | Finance | Finance |
| Industry | Investment Managers | Investment Managers |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- GAM has outperformed TSLX by 22.7 percentage points over the past year.
- Sixth Street Specialty Lending trades at a higher earnings multiple (18.6x vs 4.0x trailing P/E).
- Sixth Street Specialty Lending offers a meaningfully higher dividend yield (10.93% vs 9.93%).
About General American Investors
GAM stock →General American Investors Company, Inc. is a publicly owned investment manager.
Finance · Investment Managers
About Sixth Street Specialty Lending
TSLX stock →Sixth Street Specialty Lending, Inc. (NYSE: TSLX) is a business development company.
Finance · Investment Managers
GAM vs TSLX FAQ
Which is bigger, General American Investors or Sixth Street Specialty Lending?
Sixth Street Specialty Lending (TSLX) is larger, with a market capitalization of $1.65B compared with $1.54B for General American Investors (GAM).
Which stock has performed better over the past year, GAM or TSLX?
GAM returned +1.39% over the past 12 months, compared with -21.34% for TSLX (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, GAM or TSLX?
GAM has the lower trailing P/E at 4.0, versus 18.6 for TSLX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, General American Investors or Sixth Street Specialty Lending?
Sixth Street Specialty Lending has the higher yield at 10.93%, compared with 9.93% for General American Investors.
Are General American Investors and Sixth Street Specialty Lending in the same industry?
Yes. Both are classified in the Investment Managers industry within the Finance sector.