The Global Total Return Fund, Inc. announces Important Performance Update.--(BUSINESS WIRE)--April 27, 1995-- The Global Total Return Fund, Inc. Important Performance Update, April 27, 1995. The Global Total Return Fund, Inc. (PGY PGY Post Graduate Year PGY Planar Generalized Yee (algorithm) :NYSE NYSE See: New York Stock Exchange ) is pleased to announce the Fund's total return performance as reported by Lipper Analytical Services: Period ended March 31, 1995 Rank(a) Total Return One Month 2/16 6.00% Three Months 1/16 10.69% Six Months 1/16 10.02% One Year 1/15 6.94% Two Years 1/12 14.43% Three Years 2/11 20.08% -0- (a) As determined by Lipper Analytical Services. It measures the Fund's net-asset-value-based performance and ranking in the World Income Funds: Developed Nations category (Closed-Ends). While we realize that the global bond markets have had a trying time over the last several years, the Years, The the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109] See : Time table above shows that The Global Total Return Fund, Inc. was able to circumvent much of the volatility over the past few months and post strong relative total returns. Although past performance is not indicative of future results, we believe that the portfolio's current defensive posture and its overweighted exposure to the German mark and the Japanese yen will continue to benefit the Fund over the near-term. The Global Total Return Fund, Inc. is a closed-end management investment company that trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol PGY. The Fund's investment objective is to seek total return, the components of which are current income and capital appreciation by investing in a portfolio of government debt securities throughout the world. The Fund's manager is Prudential Mutual Fund Management, Inc. and investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal are provided by Prudential Investment Corp, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of the Prudential Insurance Company of America. CONTACT: Chris Pirnak, 212/214-5572 |
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