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:

 

 

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.

Posted In: Press Releases
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