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, 2021. The Form N-CSR contains the Company’s June 30, 2021 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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6/30/21 |
6/30/20 |
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Net Assets Applicable to Common Stock |
$1,227,414,148 |
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$949,029,117 |
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Net Assets Per Common Share |
$50.76 |
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$38.51 |
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Net Investment Income |
$769,204 |
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$3,590,316 |
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Per Share |
$0.03 |
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$0.15 |
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Net Loss/Gain on Investments |
$172,290,450 |
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($126,796,012) |
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Per Share |
$7.21 |
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($5.11) |
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Common Shares Outstanding |
24,181,874 |
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24,644,062 |
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After dividends and distributions of $2.50 per share paid in December 2020. |
The largest stock holdings in the Company’s portfolio as of June 30, 2021, included: Alphabet, Microsoft, Republic Services, ASML Holding, and Berkshire Hathaway.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210805005035/en/
Contacts
Eugene S. Stark
Vice-President, Administration
(212) 916-8447
