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 normally will invest at least 80% of its net assets (plus any borrowings for investment purposes) in emerging markets securities.
0
Funds holding %
of 7,419 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
10% more funds holding
Funds holding: 30 [Q3] → 33 (+3) [Q4]
0.55% more ownership
Funds ownership: 9.17% [Q3] → 9.72% (+0.55%) [Q4]
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
5% less capital invested
Capital invested by funds: $13.9M [Q3] → $13.2M (-$682K) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for EDF.
Financial journalist opinion
Negative
Seeking Alpha
16 hours ago
EDF: The Environment For Emerging Market Debt Has Changed
The Virtus Stone Harbor Emerging Markets Income Fund offers a high 14.63% yield, which is higher than the fund's peers. The assets in the EDF closed-end fund are negatively influenced by U.S. tariffs and the U.S. dollar's decline, affecting emerging markets' ability to service U.S. dollar-denominated debt. The fund's allocation to local currency bonds is advantageous given the U.S. dollar's decline, but it still holds significant U.S. dollar-denominated debt.
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 April 11, 2025 April 29, 2025 $0.06 May 12, 2025 May 29, 2025 $0.06 June 12, 2025 June 27, 2025 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
2 months ago
EDF: Expensive Compared To Peers And Strong U.S. Dollar Reduces Gain Potential
The Virtus Stone Harbor Emerging Markets Income Fund offers a high 14.31% yield, attracting income-focused investors but raising concerns about the sustainability of its distribution. The fund's recent performance has been disappointing due to market conditions, but its high yield and leverage strategy provide potential for income. The fund's majority holdings are denominated in U.S. dollars, which is good given the likely strength of the U.S. dollar over the next few years.
Neutral
Business Wire
3 months ago
Virtus Stone Harbor Emerging Markets Income Fund Announces Adviser Update
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), which is managed by Stone Harbor Investment Partners, today announced that as a result of a company legal entity transition Virtus Investment Advisers, LLC (VIA) has replaced Virtus Alternative Investment Advisers, Inc. (VAIA) as the Fund's adviser. As a result, also effective January 1, 2025, VAIA's rights and obligations under the investment advisory, subadvisory and expense limitation agreements f.
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 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
5 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 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
5 months 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
7 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
7 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
8 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.
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