General American Investors Files Certified Shareholder Report for Period Ended June 30, 2022

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, 2022. The Form N-CSR contains the Company’s June 30, 2022 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:

	6/30/22	6/30/21
Net Assets Applicable to Common Stock	$1,007,632,841	$1,227,414,148
Net Assets Per Common Share	$42.03	$50.76
Net Investment Income	$2,586,971	$769,204
Per Share	$0.10	$0.03
Net Loss/Gain on Investments	($244,029,899)	$172,290,450
Per Share	($9.93)	$7.21
Common Shares Outstanding	23,975,610	24,181,874

*

After dividends and distributions of $3.05 per share paid in December 2021 and $0.50 per share paid in February 2022.

The largest stock holdings in the Company’s portfolio as of June 30, 2022, included: Republic Services, Microsoft, Alphabet, Berkshire Hathaway, and Apple.

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Eugene S. Stark

Vice-President, Administration

(212) 916-8447

Source: General American Investors Company, Inc.