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, 2018. The Form N-CSR contains the Company’s June 30, 2018 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:
|Net Assets Applicable to Common Stock||$1,051,545,612||$1,086,484,955|
|Net Assets Per Common Share||$40.82||$40.52|
|Net Investment Income||$4,762,328||$5,736,027|
|Net Gain on Investments||$19,078,377||$82,969,059|
|Common Shares Outstanding||25,762,058||26,811,438|
|*||After dividends and distributions of $3.09 per share paid in December 2017 and $0.50 per share paid in February 2018.|
The largest stock holdings in the Company’s portfolio as of June 30, 2018 included: The TJX Companies, Republic Services, Microsoft, Alphabet, and ASML Holding N.V.