WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000843091
<NAME> GLOBAL UTILITY FUND, INC.
<SERIES>
<NUMBER> 004
<NAME> GLOBAL UTILITY FUND (CLASS Z)
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-END> MAR-31-2000
<INVESTMENTS-AT-COST> 188,211,503
<INVESTMENTS-AT-VALUE> 268,289,704
<RECEIVABLES> 1,747,019
<ASSETS-OTHER> 10,668
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 0
<PAYABLE-FOR-SECURITIES> 641,558
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 486,540
<TOTAL-LIABILITIES> 0
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 158,501,393
<SHARES-COMMON-STOCK> 15,096,176
<SHARES-COMMON-PRIOR> 15,595,860
<ACCUMULATED-NII-CURRENT> 323,196
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 30,038,296
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 80,076,408
<NET-ASSETS> (30,692,036)
<DIVIDEND-INCOME> 1,821,465
<INTEREST-INCOME> 2,303,678
<OTHER-INCOME> 0
<EXPENSES-NET> 2,155,477
<NET-INVESTMENT-INCOME> 1,969,666
<REALIZED-GAINS-CURRENT> 35,588,038
<APPREC-INCREASE-CURRENT> (3,703,060)
<NET-CHANGE-FROM-OPS> 33,854,644
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (2,241,334)
<DISTRIBUTIONS-OTHER> (32,646,981)
<NUMBER-OF-SHARES-SOLD> 20,931,782
<NUMBER-OF-SHARES-REDEEMED> (60,522,322)
<SHARES-REINVESTED> 29,519,683
<NET-CHANGE-IN-ASSETS> (11,104,528)
<ACCUMULATED-NII-PRIOR> 127,164
<ACCUMULATED-GAINS-PRIOR> 22,731,558
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 957,588
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,155,477
<AVERAGE-NET-ASSETS> 7,124,000
<PER-SHARE-NAV-BEGIN> 17.97
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 2.07
<PER-SHARE-DIVIDEND> (0.21)
<PER-SHARE-DISTRIBUTIONS> (2.18)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.97
<EXPENSE-RATIO> 0.95
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>