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General American Investors Files Certified Shareholder Report for Period Ended June 30, 2018


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
Per Share $0.18 $0.21
Net Gain on Investments $19,078,377 $82,969,059
Per Share $0.89 $3.16
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.

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