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GLOBAL INCOME PLUS FUND REPORTS ASSET ALLOCATION

 GLOBAL INCOME PLUS FUND REPORTS ASSET ALLOCATION
 NEW YORK, Sept. 10 /PRNewswire/ -- The following is the asset


allocation as a percent of total net assets for the Global Income Plus Fund, Inc. (NYSE: GLI), updated as of Aug. 31, 1992.
 Australian Dollar Bonds 7 pct.
 Canadian Dollar Bonds 7 pct.
 U.S.$ Money Market 13 pct.
 U.S.$ Bonds 20 pct.
 U.S.$ Total 33 pct.
 Mexican Peso Tsy Bills 4 pct.
 Mexican Gov't U.S.$ Bonds 3 pct.
 British Pound Gilts + CDs 9 pct.
 Danish Krona Bonds 3 pct.
 French Franc Bonds 5 pct.
 German Mark Bonds 7 pct.
 Irish Punt Bonds 8 pct.
 Italian Lira Bonds 3 pct.
 Spanish Peseta Bonds 10 pct.
 Total EMS 45 pct.
 Net Receivables 1 pct.
 Total 100 pct.
 EMS Cross Hedged Exposure 24 pct.
 EMS Unhedged Exposure 21 pct.
 Total EMS 45 pct.
 Estimated $ Weighted Avg. Maturity In Yrs. 8.1
 All information above is unaudited.
 Percentages may not total to 100 percent due to rounding.
 Information prepared by Mitchell Hutchins Asset Management Inc.
 -0- 9/10/92
 /CONTACT: Fred Maudsley for Global Income Fund, Inc., 201-902-8316/
 (GLI) CO: Global Income Plus Fund, Inc. ST: New York IN: FIN SU:


SM-LR -- NY022 -- 7891 09/10/92 09:49 EDT
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Copyright 1992 Gale, Cengage Learning. All rights reserved.

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Date:Sep 10, 1992
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