NEW YORK–(BUSINESS WIRE)–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, 2022. The Form N-CSR contains the Company’s June 30, 2022 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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6/30/22 |
6/30/21 |
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Net Assets Applicable to Common Stock |
$1,007,632,841 |
$1,227,414,148 |
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Net Assets Per Common Share |
$42.03 |
$50.76 |
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Net Investment Income |
$2,586,971 |
$769,204 |
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Per Share |
$0.10 |
$0.03 |
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Net Loss/Gain on Investments |
($244,029,899) |
$172,290,450 |
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Per Share |
($9.93) |
$7.21 |
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Common Shares Outstanding |
23,975,610 |
24,181,874 |
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* |
After dividends and distributions of $3.05 per share paid in December 2021 and $0.50 per share paid in February 2022. | ||||
The largest stock holdings in the Company’s portfolio as of June 30, 2022, included: Republic Services, Microsoft, Alphabet, Berkshire Hathaway, and Apple.
Contacts
Eugene S. Stark
Vice-President, Administration
(212) 916-8447