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