Business Wire | Aug 3, 2020 04:25PM EDT

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

Aug. 03, 2020

NEW YORK--(BUSINESS WIRE)--Aug. 03, 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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CONTACT: Company Contact: Eugene S. Stark Vice-President, Administration (212) 916-8447