Selected American Shares

Selected Funds

			Daily Price As of 11/7/25
Fund Name	Class	Ticker	NAV	$ CHG	% CHG	POP Price	CUSIP	Fund #
Selected American Shares	S	SLASX	$40.23	$0.18	0.45%	$40.23	816221105	205
Selected American Shares	D	SLADX	$40.44	$0.19	0.47%	$40.44	816221204	1023
Selected International Fund	S	SLSSX	$13.64	$-0.01	-0.07%	$13.64	816272108	204
Selected International Fund	D	SLSDX	$13.72	$-0.02	-0.15%	$13.72	816272207	1022

Before investing in Selected American Shares, you should carefully consider the investment objectives, risks, charges, and expenses of the Fund. The prospectus and summary prospectus contains this and other information about the Fund. You can obtain performance information and a current prospectus and summary prospectus by visiting selectedfund.com or calling 800.243.1575. Please read the prospectus or summary prospectus carefully before investing or sending money. Investing involves risks including possible loss of principal.

Shares of Selected American Shares are not deposits or obligations of any bank, are not guaranteed by any bank, are not insured by the FDIC or any other agency, and involve investment risks, including possible loss of the principal amount invested.

Davis Distributors, LLC, 2949 East Elvira Road, Suite 101, Tucson, AZ 85756