NEW YORK–(BUSINESS WIRE)–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, 2019. The Form N-CSR contains the Company’s June 30, 2019, 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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6/30/19 |
6/30/18 |
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Net Assets Applicable to Common Stock |
$1,057,455,839 |
$1,051,545,612 |
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Net Assets Per Common Share |
$42.33 |
$40.82* |
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Net Investment Income |
$4,770,343 |
$4,762,328 |
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Per Share |
$0.19 |
$0.18 |
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Net Gain on Investments |
$194,978,202 |
$19,078,377 |
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Per Share |
$7.85 |
$0.89 |
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Common Shares Outstanding |
24,978,532 |
25,762,058 |
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After dividends and distributions of $2.25 per share paid in December 2018. |
The largest stock holdings in the Company’s portfolio as of June 30, 2019, included: The TJX Companies, Republic Services, Microsoft, Arch Capital Group, and Alphabet.
Contacts
Company:
Eugene S. Stark
Vice-President, Administration
(212) 916-8447
