WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE>                     6
<LEGEND>
     This schedule contains summary financial information extracted from Bull &
Bear Global Income Fund, Inc. Annual Report and is qualified in its entirety by 
reference to such financial statements. 
</LEGEND>
<CIK>      0000015260                       
<NAME>     Bull & Bear Funds II, Inc.                   
<SERIES>
   <NUMBER>                   002
   <NAME>                     Bull & Bear Global Income Fund, Inc.
<MULTIPLIER>             1
<CURRENCY>          U.S. Dollar
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR    
<FISCAL-YEAR-END>                             JUN-30-1997
<PERIOD-START>                                JUL-01-1996
<PERIOD-END>                                  JUN-30-1997
<EXCHANGE-RATE>               1.000
<INVESTMENTS-AT-COST>                          32,156,665
<INVESTMENTS-AT-VALUE>                         32,329,978
<RECEIVABLES>                                   5,441,824
<ASSETS-OTHER>                                    482,385
<OTHER-ITEMS-ASSETS>                                    0
<TOTAL-ASSETS>                                 38,254,187
<PAYABLE-FOR-SECURITIES>                        5,232,500
<SENIOR-LONG-TERM-DEBT>                                 0
<OTHER-ITEMS-LIABILITIES>                       7,660,767
<TOTAL-LIABILITIES>                            12,893,267
<SENIOR-EQUITY>                                         0
<PAID-IN-CAPITAL-COMMON>                       59,285,267
<SHARES-COMMON-STOCK>                           3,007,647
<SHARES-COMMON-PRIOR>                           3,895,331
<ACCUMULATED-NII-CURRENT>                         (15,401)
<OVERDISTRIBUTION-NII>                                  0
<ACCUMULATED-NET-GAINS>                       (34,080,467)
<OVERDISTRIBUTION-GAINS>                                0
<ACCUM-APPREC-OR-DEPREC>                          171,521
<NET-ASSETS>                                   25,360,920
<DIVIDEND-INCOME>                                  55,664
<INTEREST-INCOME>                               2,524,310
<OTHER-INCOME>                                          0
<EXPENSES-NET>                                    764,938
<NET-INVESTMENT-INCOME>                         1,815,036
<REALIZED-GAINS-CURRENT>                        1,334,266
<APPREC-INCREASE-CURRENT>                         814,544
<NET-CHANGE-FROM-OPS>                           3,963,846
<EQUALIZATION>                                          0
<DISTRIBUTIONS-OF-INCOME>                       2,005,431
<DISTRIBUTIONS-OF-GAINS>                                0
<DISTRIBUTIONS-OTHER>                                   0
<NUMBER-OF-SHARES-SOLD>                           114,223
<NUMBER-OF-SHARES-REDEEMED>                     1,173,984
<SHARES-REINVESTED>                               172,123
<NET-CHANGE-IN-ASSETS>                         (5,504,242)
<ACCUMULATED-NII-PRIOR>                             8,108
<ACCUMULATED-GAINS-PRIOR>                     (52,041,759)
<OVERDISTRIB-NII-PRIOR>                                 0
<OVERDIST-NET-GAINS-PRIOR>                              0
<GROSS-ADVISORY-FEES>                             199,279
<INTEREST-EXPENSE>                                199,770
<GROSS-EXPENSE>                                   764,938
<AVERAGE-NET-ASSETS>                           28,182,730
<PER-SHARE-NAV-BEGIN>                                7.92
<PER-SHARE-NII>                                       .51
<PER-SHARE-GAIN-APPREC>                               .59
<PER-SHARE-DIVIDEND>                                 (.59)
<PER-SHARE-DISTRIBUTIONS>                            0.00
<RETURNS-OF-CAPITAL>                                    0
<PER-SHARE-NAV-END>                                  8.43
<EXPENSE-RATIO>                                      2.00
<AVG-DEBT-OUTSTANDING>                          3,332,773
<AVG-DEBT-PER-SHARE>                                 1.08
        


</TABLE>