We maintain our positive long-term outlook for the emerging markets. However, those same unresolved macro issues that could impact the US fixed income market could affect the emerging markets debt asset class as well. Against this backdrop, we reduced certain holdings during the third quarter to capture profits and to reduce the Fund's overall risk exposure. Should spreads widen from current levels, we would look to add to our risk exposure.Disclaimers Regarding Fund Commentary - The Fund Commentary is intended to assist shareholders in understanding how the Fund performed during the period noted. Views and opinions were current as of the date of this press release. They are not guarantees of performance or investment results and should not be taken as investment advice. Investment decisions reflect a variety of factors, and the Fund and UBS Global AM reserve the right to change views about individual securities, sectors and markets at any time. As a result, the views expressed should not be relied upon as a forecast of the Fund’s future investment intent.
Strategic Global Income Fund, Inc. – Fund Commentary
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