Emerging Markets Floating Rate Fund as of March 31, 2001

Apr 11, 2001, 01:00 ET from Emerging Markets Floating Rate Fund Inc.

    NEW YORK, April 11 /PRNewswire/ -- Emerging Markets Floating Rate Fund
 Inc. (NYSE:   EFL) as of March 31, 2001:
 
     Investment Objective: The Fund seeks to maintain a high level of current
 income.
 
     Portfolio Composition*
     Asset Allocations:
     Emerging Market Bonds                               98.7%
     Cash                                                 1.3
 
     Top Ten Emerging Market Debt Countries:
     Venezuela                                           21.5
     Russia                                              18.7%
     Brazil                                              17.3
     Colombia                                            10.8
     Ecuador                                             10.3
     Argentina                                            5.5
     Morocco                                              5.4
     Algeria                                              4.1
     Ivory Coast                                          2.9
     Bulgaria                                             2.4
 
     Currency Allocation:
     US Dollar:                                          100%
 
     Treasury Duration:                                  0.9 years
     Spread Duration:                                    4.3 years
     Average Maturity:                                  13.2 years
     Average Life:                                      11.1 years
 
     * Portfolio holdings and weightings are subject to change at any time.
 
     Inception Date:                           March 24, 1994
     Total Net Assets:                            $49,731,857
 
     Market Price:                                     $12.26
     NAV:                                              $11.64
 
     Dividend Rate:                                   $0.1325
     Frequency:                                       Monthly
 
     Emerging Markets Floating Rate Fund Inc. is a non-diversified investment
 management company traded on the New York Stock Exchange under the symbol
 "EFL."  PIMCO Advisors LP is the Investment Manager.  Salomon Brothers Asset
 Management Inc, a wholly owned subsidiary of Salomon Smith Barney Holding
 Inc., serves as the Fund's Investment Adviser.
     For more information, call 1-888-777-0102.
 
 

SOURCE Emerging Markets Floating Rate Fund Inc.
    NEW YORK, April 11 /PRNewswire/ -- Emerging Markets Floating Rate Fund
 Inc. (NYSE:   EFL) as of March 31, 2001:
 
     Investment Objective: The Fund seeks to maintain a high level of current
 income.
 
     Portfolio Composition*
     Asset Allocations:
     Emerging Market Bonds                               98.7%
     Cash                                                 1.3
 
     Top Ten Emerging Market Debt Countries:
     Venezuela                                           21.5
     Russia                                              18.7%
     Brazil                                              17.3
     Colombia                                            10.8
     Ecuador                                             10.3
     Argentina                                            5.5
     Morocco                                              5.4
     Algeria                                              4.1
     Ivory Coast                                          2.9
     Bulgaria                                             2.4
 
     Currency Allocation:
     US Dollar:                                          100%
 
     Treasury Duration:                                  0.9 years
     Spread Duration:                                    4.3 years
     Average Maturity:                                  13.2 years
     Average Life:                                      11.1 years
 
     * Portfolio holdings and weightings are subject to change at any time.
 
     Inception Date:                           March 24, 1994
     Total Net Assets:                            $49,731,857
 
     Market Price:                                     $12.26
     NAV:                                              $11.64
 
     Dividend Rate:                                   $0.1325
     Frequency:                                       Monthly
 
     Emerging Markets Floating Rate Fund Inc. is a non-diversified investment
 management company traded on the New York Stock Exchange under the symbol
 "EFL."  PIMCO Advisors LP is the Investment Manager.  Salomon Brothers Asset
 Management Inc, a wholly owned subsidiary of Salomon Smith Barney Holding
 Inc., serves as the Fund's Investment Adviser.
     For more information, call 1-888-777-0102.
 
 SOURCE  Emerging Markets Floating Rate Fund Inc.