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, 2017. The Form N-CSR contains the Company’s June 30, 2017 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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6/30/17 |
6/30/16 |
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| Net Assets Applicable to Common Stock | $1,086,484,955 | $1,052,667,868 | ||||
| Net Assets Per Common Share | $40.52 |
$37.94* |
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| Net Investment Income | $5,736,027 | $5,909,369 | ||||
| Per Share | $0.21 | $0.21 | ||||
| Net Gain on Investments | $82,969,059 | $3,953,468 | ||||
| Per Share | $3.16 | $0.29 | ||||
| Common Shares Outstanding | 26,811,438 | 27,746,519 |
| * | After dividends and distributions of $3.08 per share paid in December 2016 and $0.20 per share paid in February 2017. | |
The largest stock holdings in the Company’s portfolio as of June 30, 2017 included: The TJX Companies, Republic Services, Microsoft, Nestle, and Arch Capital Group Ltd.