Global Income Fund, Inc. (ETF)

Global Income Fund, Inc. (ETF) is an AMEX listed security that has been trading in a range between $3.78 and $4.38 over the past year. With 7,393,570 shares outstanding, a recent price of $4.05 gives a total market capitalization of $30,017,894. While there are certainly larger companies, Global Income Fund, Inc. (ETF) has definitely earned its place in the pack. Last year, Global Income Fund, Inc. (ETF) created $0.33 in earnings for every share outstanding.

Global Income Fund, Inc. (ETF) is currently priced by the market at 12.20 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share below $1 a share, Global Income Fund, Inc. (ETF) could be an interesting value proposition.