EDF

Virtus Stone Harbor Emerging Markets Income Fund
EDF

$5.20

0.48%

Market Cap: $151M

About: Virtus Stone Harbor Emerging Markets Income Fund is a closed-end management investment company. Its investment objective is to maximize total return, which consists of income from its investments and capital appreciation. The Fund invests predominantly invests in fixed income securities and other instruments economically tied to emerging market countries.

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Funds holding %

of 6,710 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

2.6% less ownership

Funds ownership: 11.47% [Q1] → 8.87% (-2.6%) [Q2]

9% less funds holding

Funds holding: 33 [Q1] → 30 (-3) [Q2]

25% less capital invested

Capital invested by funds: $18M [Q1] → $13.5M (-$4.43M) [Q2]

25% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 12

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

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Research analyst outlook

We haven’t received any recent analyst ratings for EDF.

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Financial journalist opinion

EDF: Recent Market Performance Illustrates Dangers Of Premium Valuations

The Virtus Stone Harbor Emerging Markets Income Fund offers a high yield of 13.64%, appealing to income-seeking investors despite its recent underperformance. The EDF closed-end fund's strategy includes investing in local currency bonds, providing potential capital gains from currency appreciation against the U.S. dollar. The fund employs leverage to boost returns, but has a higher leverage ratio than most peers, posing slightly higher risk.

EDF: Recent Market Performance Illustrates Dangers Of Premium Valuations

Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.06 September 13, 2024 September 13, 2024 September 26, 2024 $0.06 October 11, 2024 October 11, 2024 October 30, 2024 $0.06 November 12, 2024 November 12, 2024 November 27, 2024 The amounts of distributions reported in this notice are estimates only and are not being provided for tax reportin.

Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions

Virtus Stone Harbor Emerging Markets Income Fund Announces Portfolio Manager Update

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), managed by Stone Harbor Investment Partners, today announced that Peter Wilby, CFA, and Kumaran Damodaran, Ph.D., will step down as portfolio managers of the Fund effective September 30, 2024. Jim Craige, CFA, co-chief investment officer and head of emerging markets, Darin Batchman, Richard Lange, David Oliver, CFA, and Stuart Sclater-Booth remain portfolio managers of the Fund. About the Fund Virtus.

Virtus Stone Harbor Emerging Markets Income Fund Announces Portfolio Manager Update

EDF: This Fund Has Fixed Some Of Its Problems, But The Price Remains An Issue

The Virtus Stone Harbor Emerging Markets Income Fund offers a high level of income with a 12.88% yield, higher than its peers. The fund's share price performance over the past few years has been very disappointing, but the distribution has mostly made up for it. The fund's allocation to Argentinean debt has decreased, making it somewhat safer. It is uncertain whether recent reforms have improved the country's risk profile over the long term, though.

EDF: This Fund Has Fixed Some Of Its Problems, But The Price Remains An Issue

Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) today announced the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.06 July 11, 2024 July 11, 2024 July 30, 2024 $0.06 August 12, 2024 August 12, 2024 August 29, 2024 The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purpos.

Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions

EDF: Emerging Markets Deliver The Goods

Emerging countries are those with developing economies that are likely to grow in the near future. Some well-known emerging countries include Brazil, Russia, China, and India, but there are many others rich in oil and other natural resources and whose economy is recovering from high inflation. Emerging markets are outpacing developed markets and offer attractive valuations for investors, particularly in the fixed income securities of emerging markets.

EDF: Emerging Markets Deliver The Goods

The Month In Closed-End Funds: February 2024

For the third month in four, equity CEFs (+1.81%) witnessed gains while their fixed income CEF (+0.52%) counterparts for the fourth month in a row posted plus-side returns.

The Month In Closed-End Funds: February 2024

Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions and Additions to Portfolio Management Team

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) today announced additions to its portfolio management team and the following monthly distributions: Amount of Distribution Ex-Date Record Date Payable Date $0.06 March 8, 2024 March 11, 2024 March 28, 2024 $0.06 April 10, 2024 April 11, 2024 April 29, 2024 $0.06 May 10, 2024 May 13, 2024 May 30, 2024 $0.06 June 13, 2024 June 13, 2024 June 27, 2024 The Fund announced it has added Darin Batchman and Ric.

Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions and Additions to Portfolio Management Team

Four Unloved Income Funds With Ultra High Yield (15%+) Distributions

I am an income-oriented investor focused on high-yield closed-end funds and ETFs to compound returns in retirement. Income investing requires picking investments that provide a steady distribution, rather than trying to time the market.

Four Unloved Income Funds With Ultra High Yield (15%+) Distributions

CEF Weekly Review: Take Care With CEF Sector Designation

We review CEF market valuation and performance through the second week of January and highlight recent market action. Most CEF sectors were up on the week, with CMBS delivering the best return. Discounts are tightening across all but one sector. CEF sector designation is not a precise endeavor, creating potential pitfalls for investors.

CEF Weekly Review: Take Care With CEF Sector Designation

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