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Strategic Global Income Fund, Inc. Announces Portfolio Management Team Expansion
UBS Global Asset Management

NEW YORK, May 17, 2012 (BUSINESS WIRE) -- Strategic Global Income Fund, Inc. (the "Fund") SGL +0.57% , a non-diversified, closed-end management investment company seeking a high level of current income as a primary objective and capital appreciation as a secondary objective through investments in US and foreign debt securities, today announced additions to its portfolio management team.

Effective immediately, the Fund's investment team will expand from a team-based structure with a single lead portfolio manager to one led by multiple portfolio managers. Uwe Schillhorn, Head of Emerging Markets Debt at UBS Global Asset Management (Americas) Inc. ("UBS Global AM"), who has been the lead portfolio manager for the Fund, will be joined by the following individuals, each of whom will focus on specific aspects of managing the Fund:

        Scott Dolan, Managing Director of UBS Global AM
        Years of investment industry experience: 26
        Mr. Dolan is a member of the Global Fixed Income Investment
        Committee. In his current role, he is responsible for overseeing the
        overall strategy and portfolio management of multi-sector and
        securitized debt portfolios. Mr. Dolan has been with UBS Global AM
        since 2008.
        John Dugenske, CFA, Managing Director of UBS Global AM
        Years of investment industry experience: 23
        Mr. Dugenske is a member and the chairman of the Global Fixed Income
        Investment Committee. As Head of North American Fixed Income, he has
        overall responsibility across all fixed income investment
        capabilities at UBS Global AM. Mr. Dugenske has been with the firm
        since 2009.
        Craig Ellinger, CFA, Managing Director of UBS Global AM
        Years of investment industry experience: 21
        Mr. Ellinger is a member of the Global Fixed Income Investment
        Committee. In his current role, he is responsible for managing all
        aspects of UBS Global AM's global high yield business. Mr. Ellinger
        joined the firm in 2000.
        Brian Fehrenbach, CFA, Managing Director of UBS Global AM
        Years of investment industry experience: 25
        Mr. Fehrenbach is a member of the Global Fixed Income Investment
        Committee. In his current role, he is responsible for overseeing the
        overall strategy and portfolio management of multi-sector funds and
        unconstrained strategies at UBS Global AM. Mr. Fehrenbach has been
        with the firm since 2006.
        


Mr. Schillhorn, who has been involved in the management of the Fund since November 2003, will continue to be part of the management team, with a focus on overseeing investment decisions relating to the emerging markets debt sector. Mr. Schillhorn is also a member of the Global Fixed Income Investment Committee.

UBS Global AM believes that this new team structure better aligns the Fund with its multi-sector investment strategy. It furthermore advances an investment approach that has already been employed to a degree with the Fund, as Mr. Schillhorn has historically drawn upon the fuller array of resources of UBS Global AM's Fixed Income team, benefiting from the insights and opportunities identified by his colleagues to make investment decisions for the Fund.


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