General American Investors Files Certified Shareholder Report for Period Ended June 30, 2023
August 03, 2023 at 04:32 pm
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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, 2023. The Form N-CSR contains the Company’s June 30, 2023 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:
6/30/23
6/30/22
Net Assets Applicable to Common Stock
$1,200,083,087
$1,007,632,841
Net Assets Per Common Share
$50.48*
$42.03
Net Investment Income
$6,013,170
$2,586,971
Per Share
$0.25
$0.10
Net Loss/Gain on Investments
166,692,175
($244,029,899)
Per Share
$7.05
($9.93)
Common Shares Outstanding
23,775,433
23,975,610
*
After dividends and distributions of $1.00 per share paid in December 2022.
The largest stock holdings in the Company’s portfolio as of June 30, 2023, included: Republic Services, Microsoft, Apple, Arch Capital, and ASML Holding.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230803716668/en/
General American Investors Company, Inc. is a closed-end, diversified management investment company. The primary investment objective of the Company is long-term capital appreciation. The Company seeks investments worldwide in public and private companies. The Company invests in various industry sectors, such as information technology, financials, consumer discretionary, healthcare, consumer staples, industrials, communication services, energy, materials and other. The Companyâs portfolio includes Republic Services, Inc., Microsoft Corporation, Arch Capital Group Ltd., Alphabet Inc., Berkshire Hathaway Inc., Apple Inc., Everest Group, Ltd., The TJX Companies, Inc., ASML Holding N.V. and Nestle S.A.