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Virtus Stone Harbor Emerging Markets Income Fund - EDF STOCK NEWS

Welcome to our dedicated page for Virtus Stone Harbor Emerging Markets Income Fund news (Ticker: EDF), a resource for investors and traders seeking the latest updates and insights on Virtus Stone Harbor Emerging Markets Income Fund stock.

The Virtus Stone Harbor Emerging Markets Income Fund (symbol: EDF) is a closed-end management investment company aimed at maximizing total return, which includes income from its investments and capital appreciation. Launched and managed by Stone Harbor Investment Partners LP, the fund predominantly invests in fixed income securities and other instruments tied to emerging market countries across the globe.

Established on October 25, 2012, and domiciled in the United States, the fund is designed to attract investors looking for opportunities in public equity and fixed income securities in emerging economies. Over the years, EDF has built a solid reputation for its strategic investment approaches and consistent performance in the global financial markets.

The fund's core business revolves around identifying high-potential investment opportunities in emerging markets. It leverages in-depth research and market analysis to pick a diversified portfolio of securities, thereby aiming to deliver steady income and capital appreciation for its investors.

Recent achievements of the Virtus Stone Harbor Emerging Markets Income Fund include successful navigation through volatile market conditions and strategic realignment of its portfolio. The fund has continued to maintain a robust financial condition, characterized by prudent risk management and strategic asset allocation.

Current projects focus on expanding its investment horizon, incorporating sustainable and socially responsible investment practices, and forging new partnerships that align with its growth objectives. The fund's proactive approach ensures it remains adaptable to market changes while staying committed to its long-term goals.

Investors consider Virtus Stone Harbor Emerging Markets Income Fund as a significant player in the finance sector due to its comprehensive investment strategy and unwavering commitment to maximizing returns. As global markets continue to evolve, the fund's strategic initiatives and resilient performance position it effectively for future opportunities.

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The Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) has announced its upcoming monthly distributions schedule. The fund will distribute $0.06 per share monthly from December 2024 through March 2025. The distributions are scheduled for December 30, 2024, January 30, 2025, February 27, 2025, and March 28, 2025, with corresponding ex-dates on the 12th or 13th of each month. The announced distribution amounts are estimates and final tax reporting details will be provided via Form 1099-DIV.

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Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) has announced its monthly distributions for September, October, and November 2024. The fund will distribute $0.06 per share for each month. The ex-dates, record dates, and payable dates are as follows:

  • September: Ex-Date and Record Date - September 13, 2024; Payable Date - September 26, 2024
  • October: Ex-Date and Record Date - October 11, 2024; Payable Date - October 30, 2024
  • November: Ex-Date and Record Date - November 12, 2024; Payable Date - November 27, 2024

The fund notes that these distribution amounts are estimates and may be subject to changes based on tax regulations and investment performance.

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Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announced a change in its portfolio management team. Peter Wilby, CFA, and Kumaran Damodaran, Ph.D., will step down as portfolio managers effective September 30, 2024. The fund, managed by Stone Harbor Investment Partners, will continue to be overseen by a team of experienced portfolio managers, including Jim Craige, CFA, co-chief investment officer and head of emerging markets, Darin Batchman, Richard Lange, David Oliver, CFA, and Stuart Sclater-Booth. This transition in management may impact the fund's investment strategy and performance in the future.

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Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) has announced monthly distributions for July and August 2024.

For July, a distribution of $0.06 per share will be paid on July 30, 2024, to shareholders of record as of July 11, 2024. For August, another $0.06 per share will be paid on August 29, 2024, to shareholders of record as of August 12, 2024.

These distribution amounts are estimates and not for tax reporting purposes. The final amounts and sources for tax purposes will depend on the Fund’s performance and could be affected by tax regulations. Shareholders will receive a Form 1099-DIV for the calendar year indicating the taxable distributions.

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Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announced additions to its portfolio management team and monthly distributions for March, April, May, and June 2024. Darin Batchman and Richard Lange joined the team as portfolio managers. The distributions are estimated and subject to change based on investment experience.
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Virtus Stone Harbor Emerging Markets Total Income Fund (EDI) has completed its reorganization with Virtus Stone Harbor Emerging Markets Income Fund (EDF), resulting in the dissolution of EDI and the continuation of EDF with the same ticker symbol. Each share of EDI common stock converted into an equivalent dollar amount of shares of common stock of EDF, with former EDI shareholders being credited 1.153733 shares of EDF for every share of EDI common stock they held.
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Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announces monthly distributions and reorganization with Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI). The monthly distributions, estimated at $0.06 per share, will be paid on December 19, 2023, January 30, 2024, and February 28, 2024. The reorganization with EDI is scheduled for December 15, 2023, retaining the EDF ticker symbol and cusip 86164T107.
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Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) has announced its reorganization with and into Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), scheduled for December 15, 2023. The reorganization was delayed due to regulatory approval related to the transfer or sale of certain foreign assets, which has now been resolved. Additionally, EDI announced a monthly distribution of $0.07, with the board discontinuing the dividend reinvestment program in advance of the last monthly distribution before the reorganization. The fund intends to distribute the greater of $0.07 per share or all available net investment income and net short- and long-term capital gains before the reorganization date, with any supplemental distribution to be announced on December 5, 2023.
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Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) announces monthly distributions. Reorganization with Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) delayed pending regulatory approval. Distributions will proceed if reorganization has not occurred.
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Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announces monthly distributions of $0.06 on September 21, October 24, and November 24, 2023.
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FAQ

What is the current stock price of Virtus Stone Harbor Emerging Markets Income Fund (EDF)?

The current stock price of Virtus Stone Harbor Emerging Markets Income Fund (EDF) is $5.02 as of November 22, 2024.

What is the market cap of Virtus Stone Harbor Emerging Markets Income Fund (EDF)?

The market cap of Virtus Stone Harbor Emerging Markets Income Fund (EDF) is approximately 145.0M.

What is Virtus Stone Harbor Emerging Markets Income Fund?

It is a closed-end management investment company aimed at maximizing total return through income and capital appreciation.

What does EDF invest in?

EDF predominantly invests in fixed income securities and other instruments tied to emerging market countries.

Who manages Virtus Stone Harbor Emerging Markets Income Fund?

The fund is managed by Stone Harbor Investment Partners LP.

When was the fund established?

It was established on October 25, 2012.

Where is Virtus Stone Harbor Emerging Markets Income Fund domiciled?

The fund is domiciled in the United States.

What is the primary investment objective of the fund?

The primary investment objective is to maximize total return, consisting of income and capital appreciation.

How does the fund achieve its investment objective?

The fund achieves its objective by investing in a diversified portfolio of public equity and fixed income securities in emerging markets.

What recent achievements has the fund made?

Recent achievements include successfully navigating volatile market conditions and strategic realignment of its portfolio.

What are the current projects of the fund?

Current projects focus on expanding its investment horizon, incorporating sustainable investment practices, and forming strategic partnerships.

Why should investors consider Virtus Stone Harbor Emerging Markets Income Fund?

Investors should consider the fund for its comprehensive investment strategy, consistent performance, and commitment to maximizing returns.

Virtus Stone Harbor Emerging Markets Income Fund

NYSE:EDF

EDF Rankings

EDF Stock Data

145.00M
28.97M
0.02%
18.53%
0.07%
Asset Management
Financial Services
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United States of America
New York