ARTICLES OF AMENDMENT

BULL & BEAR GLOBAL INCOME FUND, INC.

ARTICLES OF AMENDMENT

THIS IS TO CERTIFY THAT:

FIRST: The charter of Bull & Bear Global Income Fund, Inc., a Maryland
corporation (the "Corporation"), is hereby amended by deleting existing Article
II in its entirety and substituting in lieu thereof a new article to read as
follows:

ARTICLE II NAME

The name of the corporation (hereinafter called the "Corporation") is
Global Income Fund, Inc.

SECOND: The amendment to the charter of the Corporation as set forth above
has been duly advised by the Board of Directors and approved by the stockholders
of the Corporation as required by law.

THIRD: The undersigned Co-President acknowledges these Articles of
Amendment to be the corporate act of the Corporation and as to all matters or
facts required to be verified under oath, the undersigned Co-President
acknowledges that to the best of his knowledge, information and belief, these
matters and facts are true in all material respects and that this statement is
made under the penalties for perjury.

IN WITNESS WHEREOF, the Corporation has caused these Articles to be signed
in its name and on its behalf by its Co- President and attested to by its
Secretary on this 24th day of November, 1998.

ATTEST: BULL & BEAR GLOBAL
INCOME FUND, INC.



/s/ Deborah Ann Sullivan By:Thomas B. Winmill
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Deborah Ann Sullivan, Esq. Thomas B. Winmill
Secretary Co-President