General American Investors Files Certified Shareholder Report for Period Ended June 30, 2022

General American Investors Files Certified Shareholder Report for Period Ended June 30, 2022




General American Investors Files Certified Shareholder Report for Period Ended June 30, 2022

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:

 

6/30/22

6/30/21

 

 

 

Net Assets Applicable to Common Stock

$1,007,632,841

$1,227,414,148

 

 

 

Net Assets Per Common Share

$42.03

$50.76

 

 

 

Net Investment Income

$2,586,971

$769,204

 

 

 

Per Share

$0.10

$0.03

 

 

 

Net Loss/Gain on Investments

($244,029,899)

$172,290,450

 

 

 

Per Share

($9.93)

$7.21

 

 

 

Common Shares Outstanding

23,975,610

24,181,874

*

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