Company Announcements

General American Investors Files Certified Shareholder Report for Period Ended June 30, 2021

NEW YORK--(BUSINESS WIRE)--Aug. 5, 2021-- 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, 2021. The Form N-CSR contains the Company’s June 30, 2021 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:

 

 

6/30/21

 

6/30/20

 

 

 

 

 

Net Assets Applicable to Common Stock

 

$1,227,414,148

 

$949,029,117

 

 

 

 

 

Net Assets Per Common Share

 

$50.76

 

$38.51

 

 

 

 

 

Net Investment Income

 

$769,204

 

$3,590,316

 

 

 

 

 

Per Share

 

$0.03

 

$0.15

 

 

 

 

 

Net Loss/Gain on Investments

 

$172,290,450

 

($126,796,012)

 

 

 

 

 

Per Share

 

$7.21

 

($5.11)

 

 

 

 

 

Common Shares Outstanding

 

24,181,874

 

24,644,062

*

After dividends and distributions of $2.50 per share paid in December 2020.

The largest stock holdings in the Company’s portfolio as of June 30, 2021, included: Alphabet, Microsoft, Republic Services, ASML Holding, and Berkshire Hathaway.

Eugene S. Stark
Vice-President, Administration
(212) 916-8447

Source: General American Investors Company, Inc.