Managed High Yield Plus Fund Inc. (NYSE:HYF) announced its performance for the first quarter ended August 31, 2011. For the first quarter ended August 31, 2011, the Fund's earnings from net investment income were $3,249,215, equal to $0.05 per share. Total net realized and unrealized losses from investment activities were $(11,744,438), equal to $(0.19) per share, for the same period. This compares to earnings from net investment income of $3,510,270, equal to $0.06 per share, and total net realized and unrealized gains from investment activities of $2,730,378, equal to $0.04 per share, for the first quarter ended August 31, 2010.

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