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.
The Boards of Trustees of the Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) and Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) have approved the reorganization of EDI into EDF. The surviving fund will retain the EDF ticker symbol. Shareholders of EDF will vote on May 22, 2023, to approve the issuance of additional shares for this tax-free reorganization. This decision aims to create a larger fund with economies of scale, potentially lowering trading costs and annual operating expenses. A proxy statement will be sent to EDF shareholders by March 31, 2023, detailing the proposal and related risks.
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) has announced monthly distributions of $0.06 for March, April, and May 2023. The ex-dates for these distributions are March 10, April 12, and May 10, 2023, with corresponding record dates on March 13, April 13, and May 11, 2023, and payable dates on March 23, April 25, and May 23, 2023. These amounts are preliminary estimates and will vary based on the Fund's performance throughout its fiscal year. Investors will receive a Form 1099-DIV for tax reporting purposes. The Fund aims to maximize total return through investments in emerging market securities, managed by Stone Harbor Investment Partners.
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announced monthly distributions of $0.06 per share for December 2022, January 2023, and February 2023. The relevant ex-dates, record dates, and payable dates are provided. These amounts are estimates for informational purposes and may change due to the Fund's investment performance and tax regulations. The Fund aims to maximize total return through emerging markets securities. Investors are cautioned that distributions may differ from their actual tax reporting amounts.
On October 11, 2022, Virtus Stone Harbor Emerging Markets Income Fund (EDF) and Virtus Stone Harbor Emerging Markets Total Income Fund (EDI) held a joint annual meeting of shareholders. The shareholders approved the election of several trustees for both funds. Notable outcomes included Donald C. Burke receiving 94.3% approval for EDF, while Sarah E. Cogan achieved 94.9%. For EDI, F. Ford Drummond received 94.6% approval. The funds highlighted potential risks associated with investments, including the possibility of a loss of principal and fluctuations in share price relative to net asset value.
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) has announced monthly distributions of $0.06 per share for three upcoming dates: September 23, October 21, and November 18, 2022. The ex-dates for these distributions are September 12, October 7, and November 7, 2022, respectively. Distributions are estimates and subject to change based on the Fund's investment performance and tax regulations. The Fund aims to maximize total returns through investments in emerging market securities, but there is no assurance it will achieve this objective.
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