General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), filed with the U.S. Securities and Exchange Commission (SEC) its Certified Shareholder Report (Form N-CSR) for the six month period ended June 30, 2023. The Form N-CSR contains the Company’s June 30, 2023 Semi-Annual Report and is available at the SEC’s website: www.sec.gov and the Company’s website: www.generalamericaninvestors.com. The Semi-Annual Report is expected to be mailed to stockholders shortly.
The Semi-Annual Report indicates that as of or for the six months ended:
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6/30/23 |
6/30/22 |
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Net Assets Applicable to Common Stock |
$1,200,083,087 |
$1,007,632,841 |
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Net Assets Per Common Share |
$50.48* |
$42.03 |
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Net Investment Income |
$6,013,170 |
$2,586,971 |
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Per Share |
$0.25 |
$0.10 |
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Net Loss/Gain on Investments |
166,692,175 |
($244,029,899) |
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Per Share |
$7.05 |
($9.93) |
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Common Shares Outstanding |
23,775,433 |
23,975,610 |
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After dividends and distributions of $1.00 per share paid in December 2022. |
The largest stock holdings in the Company’s portfolio as of June 30, 2023, included: Republic Services, Microsoft, Apple, Arch Capital, and ASML Holding.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230803716668/en/
Contacts
Company Contact:
Eugene S. Stark
Vice-President, Administration
(212) 916-8447
