Strategic Global Income Fund, Inc. (the “Fund”)
(NYSE: SGL), a non-diversified, closed-end management investment company
seeking high current income and secondarily, capital appreciation
through investments in US and foreign debt securities, today announced
its performance for the fiscal third quarter ended and fiscal
year-to-date ended August 31, 2008.
For the fiscal third quarter ended August 31, 2008, the Fund's earnings
from net investment income (excluding short-term capital gains) were
$3,889,797, equal to $0.21 per share. During this period, the Fund paid
monthly distributions (which may be comprised of net investment income,
net realized capital gains, and/or return of capital) of $4,194,053,
equal to $0.23 per share. Total net realized and unrealized losses from
investment activities were $(5,436,310), equal to $(0.30) per share, for
the same period. This compares to earnings from net investment income of
$3,521,065, equal to $0.19 per share; monthly distributions paid from
net investment income of $4,181,272, equal to $0.23 per share; and total
net realized and unrealized losses from investment activities of
$(5,542,526), equal to $(0.30) per share, for the fiscal third quarter
ended August 31, 2007.
For the nine months ended August 31, 2008, the Fund's earnings from net
investment income (excluding short-term capital gains) were $9,057,339,
equal to $0.50 per share. During this period, the Fund paid monthly
distributions (which may be comprised of net investment income, net
realized capital gains, and/or return of capital) of $12,636,935, equal
to $0.69 per share. Additionally, in December 2007, the fund paid
year-end distributions of long-term capital gains of $1,433,318, equal
to $0.08 per share. Total net realized and unrealized losses from
investment activities were $(1,011,528), equal to $(0.06) per share, for
the same period. This compares to earnings from net investment income
(excluding short-term capital gains) of $8,784,758 equal to $0.48 per
share; distributions paid from net investment income of $12,766,573,
equal to $0.70 per share; and total net realized and unrealized losses
from investment activities of $(6,725,647), equal to $(0.37) per share,
for the nine months ended August 31, 2007.
On August 31, 2008, total net assets of the Fund were $202,041,073.
