General American Investors Files Certified Shareholder Report for Period Ended June 30, 2020


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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, 2020. The Form N-CSR contains the Company's June 30, 2020 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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6/30/20

 

6/30/19

 

 

 

 

 

Net Assets Applicable to Common Stock

 

$949,029,117

 

$1,057,455,839

 

 

 

 

 

Net Assets Per Common Share

 

$38.51

 

$42.33

 

 

 

 

 

Net Investment Income

 

$3,590,316

 

$4,770,343

 

 

 

 

 

Per Share

 

$0.15

 

$0.19

 

 

 

 

 

Net Loss/Gain on Investments

 

($126,796,012)

 

$194,978,202

 

 

 

 

 

Per Share

 

($5.11)

 

$7.85

 

 

 

 

 

Common Shares Outstanding

 

24,644,062

 

24,978,532

*

After dividends and distributions of $2.45 per share paid in December 2019.

The largest stock holdings in the Company's portfolio as of June 30, 2020, included: Microsoft, Republic Services, Amazon, ASML Holding, and Alphabet.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


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