(Source: Business Wire)
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,
2009.
For the fiscal third quarter ended August 31, 2009, the Fund's earnings
from net investment income (excluding short-term capital gains) were
$2,564,156, equal to $0.14 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 $3,640,811,
equal to $0.20 per share. Total net realized and unrealized gains from
investment activities were $20,100,512, equal to $1.10 per share, for
the same period. This compares to earnings from net investment income
(excluding short-term capital gains) of $3,889,797, equal to $0.21 per
share; monthly distributions paid (which were comprised of net
investment income, net realized capital gains, and/or return of capital)
of $4,194,053, equal to $0.23 per share; and total net realized and
unrealized losses from investment activities of $(5,436,310), equal to
$(0.30) per share, for the fiscal third quarter ended August 31,
2008.
For the nine months ended August 31, 2009, the Fund's earnings from net
investment income (excluding short-term capital gains) were $7,437,983,
equal to $0.41 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 $10,506,130, equal
to $0.58 per share. Total net realized and unrealized gains from
investment activities were $35,457,798, equal to $1.94 per share, for
the same period. This compares to earnings from net investment income
(excluding short-term capital gains) of $9,057,339 equal to $0.50 per
share; distributions paid (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; and total net realized and
unrealized losses from investment activities of $(1,011,528), equal to
$(0.06) per share, for the nine months ended August 31, 2008.
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.
On August 31, 2009, total net assets of the Fund were $202,857,892.
