GT GLOBAL FLOATING RATE FUND INC
N-8A, 1997-11-14
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                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C.  20549

                                    FORM N-8A

                          NOTIFICATION OF REGISTRATION
                      FILED PURSUANT TO SECTION 8(a) OF THE
                         INVESTMENT COMPANY ACT OF 1940


     The undersigned investment company hereby notifies the Securities and
Exchange Commission that it registers under and pursuant to the provisions of
Section 8(a) of the Investment Company Act of 1940 and in connection with such
notification of registration submits the following information:

Name:     GT Global Select Floating Rate Fund

Address of Principal Business Office:

     50 California Street, 27th Floor, San Francisco, CA 94111

Telephone Number:   (415) 392-6181

Name and address of Agent for service of process:

     Michael A. Silver
     Chancellor LGT Asset Management, Inc.
     50 California Street
     27th Floor
     San Francisco, CA  94111

Check Appropriate Box:

Registrant is filing a Registration Statement pursuant to Section 8(b)
of the Investment Company Act of 1940 concurrently with the filing of
Form N-8A:  YES / X / NO /  /


<PAGE>


     Pursuant to the requirements of the Investment Company Act of 1940, the
registrant has caused this notification of registration to be duly signed on its
behalf in the City of San Francisco and the State of California on the 14th day
of November, 1997.

                              GT GLOBAL SELECT FLOATING RATE FUND


                              By:  /s/ Michael A. Silver
                                   --------------------------------------
                                       Michael A. Silver
                                       President


Attest:   /s/ Paul Wozniak
          -------------------------
              Paul Wozniak




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