EDF
Virtus Stone Harbor Emerging Markets Income FundEDF
EDF
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.
0
Funds holding %
of 6,809 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
22% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 9
0% more funds holding
Funds holding: 30 [Q2] → 30 (+0) [Q3]
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
3.3% less ownership
Funds ownership: 12.47% [Q2] → 9.17% (-3.3%) [Q3]
27% less capital invested
Capital invested by funds: $19M [Q2] → $13.9M (-$5.12M) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for EDF.
Financial journalist opinion
Neutral
Business Wire
1 week ago
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 David A. Oliver, CFA, will step down as a portfolio manager of the Fund effective December 31, 2024. Jim Craige, CFA, co-chief investment officer and head of emerging markets, Darin Batchman, Richard Lange, and Stuart Sclater-Booth remain as portfolio managers of the Fund. About the Fund Virtus Stone Harbor Emerging Markets Income Fund.
Neutral
Business Wire
1 month ago
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 December 12, 2024 December 30, 2024 $0.06 January 13, 2025 January 30, 2025 $0.06 February 13, 2025 February 27, 2025 $0.06 March 13, 2025 March 28, 2025 The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actu.
Positive
Seeking Alpha
1 month ago
EDF: Winning The Loser's Game With This High Yield Emerging Market Debt CEF (Rating Upgrade)
Investing in emerging market debt minimizes risk and diversifies portfolios, focusing on lower-risk countries and senior debt structures rather than high-yielding, volatile regions. EDF offers a high yield of nearly 15% with a stable distribution, making it an attractive buy as its premium to NAV has dropped. The strong US Dollar has impacted EDF's market price, but with global inflation receding and EM growth outpacing developed markets, EDF's appeal is set to rise.
Neutral
Seeking Alpha
3 months ago
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.
Neutral
Business Wire
3 months ago
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.
Neutral
Business Wire
4 months ago
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.
Neutral
Seeking Alpha
6 months ago
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.
Neutral
Business Wire
6 months ago
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.
Positive
Seeking Alpha
9 months ago
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.
Neutral
Seeking Alpha
9 months ago
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.
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