GAM News and Press, General American Investors Inc. From 05/02/23

General American Investors Company, Inc., a closed-end investment company listed on the New York Stock Exchange (GAM), reported net assets applicable to the Company’s common stock as of March 31, 2023 of $1,117,915,278 as compared with net assets applicable to its common stock of $1,041,15...

2023-04-26 16:55:31 ET General American Investors Co. Inc. ( NYSE: GAM ) declares $0.3719/share quarterly dividend , in line with previous. Forward yield 3.86% Payable June 26; for shareholders of record June 7; ex-div June 6. See GAM Dividend Scorecard, Yiel...

2023-04-19 13:38:29 ET Summary The GAM fund is an investment fund in operation since 1927. It has a long-term track record of outperforming the markets. However, its performance has been underwhelming in the past decade. Until the fund can string together a streak of outpe...

2023-04-10 11:45:58 ET Summary SPE regularly trades at a discount, but that discount has been widening significantly. The fund suffered in 2022, as did most equities and bonds, but held up relatively better than the market. With a larger weighting to CEFs, the fund also had to...

2023-03-30 05:00:49 ET On the surface, investing through an index fund sounds great. It’s simple, cheap and, as you’ve likely heard over and over , few active managers beat their benchmarks anyway. But we closed-end fund (CEF) investors know better. Truth is, there...

2023-03-20 05:00:25 ET We’ve got some superb dividends sitting in front of us in CEFs right now—as I write this, these funds yield an incredible 7.9%, on average! That’s way more than Treasuries (especially after their yields were pummeled last week). And far mo...

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 year ended December 31, 2022. The Form N-CSR, which contains th...

Summary General American Investors is an equity-focused CEF. The fund has a Large Cap/Growth tilt to its portfolio composition. The CEF does not have a managed distribution, only paying semi-annually the capital gains it can actually generate and the received interest income on its ...

The Board of Directors of General American Investors Company, Inc. (NYSE symbol – GAM), a closed-end investment company, declared on its 5.95% cumulative preferred stock, series B, a dividend and distribution of $0.371875 per share payable in cash on March 24, 2023 to holders of record on ...

General American Investors Company, Inc. (NYSE: GAM), a closed-end investment company, announced that the price at which shares of its common stock will be issued to stockholders who elected to receive additional shares in payment of the 2022 year-end dividend and distribution on its common stock...