General American Investors Files Certified Shareholder Report for Period Ended June 30, 2023

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, 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.

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Company Contact:

Eugene S. Stark

Vice-President, Administration

(212) 916-8447

Source: General American Investors Company, Inc.