General American Investors Reports 6% Growth to $1.48B in Net Assets

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

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Tags

08/01/2025 - 04:25 PM

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鈥檚 June 30, 2025 Semi-Annual Report and is available at the SEC鈥檚 website: and the Company鈥檚 website: . 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:

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

听

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鈥檚 portfolio as of June 30, 2025, included: Microsoft, Republic Services, Berkshire Hathaway, TJX Companies, and Amazon.