GAM - General American Investors Files Certified Shareholder Report for Period Ended June 30 2023
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:
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| 6/30/23 |
| 6/30/22 |
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| Net Assets Applicable to Common Stock |
| $1,200,083,087 |
| $1,007,632,841 |
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| Net Assets Per Common Share |
| $50.48* |
| $42.03 |
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| Net Investment Income |
| $6,013,170 |
| $2,586,971 |
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| Per Share |
| $0.25 |
| $0.10 |
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| Net Loss/Gain on Investments |
| 166,692,175 |
| ($244,029,899) |
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| Per Share |
| $7.05 |
| ($9.93) |
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| 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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230803716668/en/
Company Contact:
Eugene S. Stark
Vice-President, Administration
(212) 916-8447