General American Investors Files Certified Shareholder Report for Period Ended June 30, 2023
NEW YORK, August 03, 2023--(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, 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:
6/30/23 | 6/30/22 | |||||
Net Assets Applicable to Common Stock | $1,200,083,087 | $1,007,632,841 | ||||
Net Assets Per Common Share | $50.48* | $42.03 | ||||
Net Investment Income | $6,013,170 | $2,586,971 | ||||
Per Share | $0.25 | $0.10 | ||||
Net Loss/Gain on Investments | 166,692,175 | ($244,029,899) | ||||
Per Share | $7.05 | ($9.93) | ||||
Common Shares Outstanding | 23,775,433 | 23,975,610 |
* | 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.
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Contacts
Company Contact:
Eugene S. Stark
Vice-President, Administration
(212) 916-8447