SGL Strategic Global Income Fund, Inc.

Strategic Global Income Fund, Inc. (the “Fund”) (NYSE: SGL), 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 its distribution characteristics for the month of January 2016.

The following notice was sent to shareholders today:

Strategic Global Income Fund, Inc.

c/o UBS Asset Management (Americas) Inc.

1285 Avenue of the Americas

New York, NY 10019

DISTRIBUTION NOTICE

January 2016

The purpose of this document is to provide you with information that is required to be sent to you as well as additional information that may be of interest to at least some investors.

On January 11, 2016, the Fund’s Board of Directors declared a regular monthly distribution of $0.0686 per share. The distribution is payable on January 29, 2016 to shareholders of record as of January 21, 2016. The ex-distribution date was January 19, 2016.

The Fund adopted a managed distribution policy (“Policy”) in May 1998. Pursuant to the Policy as in effect from June 2014 through May 2015, the Fund made regular monthly distributions at an annualized rate equal to 5% of the Fund’s net asset value, determined as of the last day on which the New York Stock Exchange was open for trading during the first week of a month. Pursuant to the Policy with respect to distributions paid from June 2011 through the monthly distribution for May 2014, the annualized rate had been 6%. Consistent with the Policy, the monthly distribution in any given month may have been comprised of a combination of net investment income, capital gains, and/or a return of capital. The Fund’s Board receives recommendations from UBS Asset Management (Americas) Inc. ("UBS AM"), the Fund’s investment advisor, periodically and no less frequently than annually will reassess the annualized percentage of net assets at which the Fund’s monthly distributions will be made.

As announced in a press release issued on May 20, 2015, the annualized rate of the Fund’s monthly distribution was increased from 5% to 9%, effective with the June 2015 monthly distribution. The Fund’s Board intends to maintain the 9% annualized distribution rate until June 2016 or the earlier liquidation of the Fund if approved by shareholders as discussed in a Fund press release dated October 13, 2015. However, the Fund’s Board reserves its right to change that distribution rate or to change or terminate the Policy at any time without prior notice to Fund shareholders should the Board determine that to do so would be in the best interests of the Fund in light of unforeseen, changed circumstances from those that prevailed when the 9% annualized distribution rate was adopted in May 2015. Any such change or termination may have an adverse effect on the market price for the Fund’s shares and would be announced in a press release.

The Board believed that the increased rate was appropriate based upon the recommendation of UBS AM, and in light of its ongoing consideration of efforts to reduce the discount to NAV at which the Fund’s shares recently had traded as of May 2015. Historically, UBS AM and the Board had sought to maintain distribution rates that were more closely aligned with the Fund’s expected earnings. In recent years, however, a general decline in prevailing bond yields and narrowing of spreads have reduced the Fund’s earnings levels, which resulted in reductions of the monthly distribution rate, which may have contributed to the discount at which the Fund’s shares have traded. UBS AM believed that increasing the annualized distribution rate might help to reduce the Fund's trading discount.

In approving the increased distribution rate, the Fund’s Board has effectively de-linked the Fund’s managed distribution payments from the level of anticipated Fund earnings. To the extent that the aggregate amount distributed by the Fund under the Policy exceeds its current and accumulated earnings and profits, which is an expected result of the increase discussed above, the amount of that excess would constitute a return of capital or net realized capital gains for tax purposes. A return of capital may occur, for example, when some or all of the money that shareholders invested in the Fund is deemed to be paid back to them. A return of capital distribution does not reflect the Fund’s investment performance and should not be confused with “yield” or “income.” Of course, if the Fund’s earnings and profits in any fiscal year should exceed the aggregate amount distributed under the Policy, no return of capital to the Fund’s shareholders would occur, and the Fund would make an additional distribution in the amount of that excess near the end of the fiscal year.

During the current fiscal year which ends on November 30, 2016 (or the earlier liquidation of the Fund), the Fund has made two (2) regular monthly distribution from December 1, 2015 to January 31, 2016, which in aggregate equal $0.1378 per share. The sources of the regular distributions paid during the month and current fiscal year are estimated as follows:

Estimated source of regular monthly distributions     Estimated allocations   Distributions Net investment income   Net realized short-term capital gains   Net realized long-term capital gains   Return of capital Current Month $ 0.0686 $ 0.0320 (47 %) $ 0.0355 (52 %) $ 0.0009 (1 %) $ 0.0002 (0 %) YTD* $ 0.1378 $ 0.0659 (48 %) $ 0 (0 %) $ 0.0020 (1 %) $ 0.0699 (51 %)

* Fiscal year-to-date.

The Fund periodically issues notices to shareholders and press releases estimating the source characteristics of its monthly distributions. The amounts and sources reported in these materials are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax reporting purposes will depend upon the Fund’s investment experience during its entire fiscal year and may be subject to retroactive changes based on tax regulations. The Fund sends shareholders a Form 1099-DIV (or a financial intermediary should provide a shareholder with similar information) for the calendar year that will tell shareholders how to report these distributions for federal income tax purposes.

If you chose to receive your distributions in cash, a check should have been sent to you or a credit should have been made on your financial intermediary or Fund account statement. If you chose to reinvest your distributions, that statement (or a subsequent one) should indicate the additional shares purchased for your account in full and fractional shares of the Fund's common stock.

You should not draw any conclusions about the investment performance of the Fund's portfolio from the amount of the monthly distribution or from the terms of the Fund’s Policy.

If you would like to change your distribution option, please write or call your broker or, if you hold shares directly with the Fund, the Fund's distribution disbursing agent, BNY Mellon Investment Servicing, at 1-800-331-1710. For more information about the Fund, please contact: UBS Asset Management Closed-End Funds Desk, 888-793 8637.

Please find below additional information regarding the Fund’s performance. Please note that this information is primarily based on the Fund’s net asset value based performance, not its market price based performance. Market price based performance for various periods is included in the Fund’s most recent report to shareholders and is different.

Fund performance and distribution rate information   Fiscal year-to-date 12/1/2015 to 12/31/2015   Year-to-date Cumulative Net Asset Value Return1 -0.44 % Cumulative Distribution Rate2 1.51 % Preceding five-year period 1/1/2011 to 12/31/2015   5 Years Average Annual Total Net Asset Value Return1 2.52 % Average Annual Distribution Rate3 6.96 % Current Annualized Distribution Rate4 9.04 %

(1)

The Fund’s net asset value (“NAV”) returns assume, for illustration only, that dividends and other distributions, if any, were reinvested at the NAV on the payable dates.

(2)

Cumulative Distribution Rate for the Fund’s fiscal period (December 1, 2015 through December 31, 2015) measured on the dollar value of distributions in the year-to-date period as a percentage of the Fund’s NAV as of December 31, 2015.

(3)

Average Annual Distribution Rate is the simple arithmetic average of the Annual Distribution Rates for the preceding five-year period. The Annual Distribution Rates are calculated by taking the total distributions paid during the period divided by average daily NAV for the period.

(4)

The Current Annualized Distribution Rate is the monthly distribution rate annualized as a percentage of the Fund’s NAV as of December 31, 2015.

Please refer to the chart below for information about the Fund’s historical NAVs, change in NAVs, total returns, and distributions paid. Performance data assumes reinvestment of distributions. Please note that the table below reflects the characterization of distributions on an accounting basis for a Fund's fiscal year-end period, which may or may not match the amounts reported to a shareholder on a tax basis for a calendar year in a tax Form 1099 to shareholders given (1) the differences between the periods measured and (2) accounting/tax reporting differences. (More information regarding accounting/tax reporting differences may be found in the notes to the financial statements included in the Fund's shareholder reports.)                     Fiscal year ending Nov 30 Average daily

NAV for period

End of period NAV per share Change in NAV Total returns Distribution rate 2 Net investment income distributions paid Short-term distributions paid Long-term distributions paid Return ofcapital Total distributions paid Nov-11 $ 11.58 $ 11.36 -6.27 % 8.93 % 15.31 % 1.2584 0.3413 0.1728 - 1.7725 Nov-12 $ 11.34 $ 11.70 2.99 % 12.13 % 8.54 % 0.4610 0.1923 0.3154 - 0.9687 Nov-13 $ 11.02 $ 10.41 -11.03 % -4.56 % 7.06 % 0.3169 - 0.1185 0.3430 0.7784 Nov-14 $ 10.49 $ 10.19 -2.11 % 3.42 % 5.50 % 0.4587 - - 0.1184 0.5771 Nov-15 $ 9.74 $ 9.22 -9.52 % -2.93 % 6.97 % 0.1951     0.4836 0.6787 Dec-151 $ 9.17 $ 9.11 -1.19 % -0.44 % 1.50 % - - - - 0.0692 Since Inception (February 3, 1992) Annualized Total Return: 7.39%

(1)

  Figures are fiscal year to date, December 1, 2015 through December 31, 2015, and this period's final distribution characterization will not be

completed until January 2017 or after the earlier liquidation of the Fund.

(2)

Distribution rate calculated by taking the total distributions paid within the period divided by average daily NAV for the period.

Important Note: As previously announced in a press release issued on October 13, 2015, based upon the recommendation of UBS Asset Management (Americas) Inc., the Fund's investment advisor, the Fund's Board of Directors determined that liquidation and dissolution of the Fund is in the best interests of the Fund's shareholders. A proposed plan of liquidation will be submitted for the approval of the Fund’s shareholders at the Fund’s 2016 annual meeting of shareholders, which is expected to be held in March 2016. If the shareholders approve the proposed plan, the liquidation and dissolution of the Fund will take place as soon as reasonably practicable, but in no event later than December 31, 2016 (absent unforeseen circumstances).

Any performance information reflects the deduction of the Fund’s fees and expenses, as indicated in its shareholder reports, such as investment advisory and administration fees, custody fees, exchange listing fees, etc. It does not reflect any transaction charges that a shareholder may incur when (s)he buys or sells shares (e.g., a shareholder’s brokerage commissions).

Investing in the Fund entails specific risks, such as interest rate, credit and the risks associated with investing in the securities of non-US issuers, including those located in emerging market countries. The value of the Fund's investments in foreign securities may fall due to adverse political, social and economic developments abroad and due to decreases in foreign currency values relative to the US dollar. Further detailed information regarding the Fund, including a discussion of principal objectives, principal investment strategies and principal risks, may be found in the fund overview located at http://www.ubs.com/closedendfundsinfo. You may also request copies of the fund overview by calling the Closed-End Funds Desk at 888-793 8637.

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UBS Asset ManagementClosed-End Funds Desk: 888-793 8637ubs.com