General American Investors Files Certified Shareholder Report for Period Ended June 30, 2025

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, 2025. The Form N-CSR contains the Company’s June 30, 2025 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:

	6/30/25	6/30/24
Net Assets Applicable to Common Stock	$1,485,083,433	$1,402,088,131
Net Assets Per Common Share	$63.79*	$60.14
Net Investment Income	$5,949,971	$5,740,826
Per Share	$0.26	$0.25
Net Gain on Investments	144,433,108	188,287,805
Per Share	$6.24	$8.17
Common Shares Outstanding	23,279,512	23,313,823

*	After a distribution of $4.07 per share from net long-term capital gains and a dividend of $0.43 per share paid in December 2024 and a distribution of $0.25 per share from long-term capital gains paid in March 2025.

The largest stock holdings in the Company’s portfolio as of June 30, 2025, included: Microsoft, Republic Services, Berkshire Hathaway, TJX Companies, and Amazon.