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 Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announced a monthly distribution of $0.07 per share, payable to shareholders of record as of August 10, 2021. This payment is part of a managed distribution policy allowing capital gains to contribute to cash distributions. The current distribution breaks down to 72.71% from net investment income and 27.29% as return of capital. The fund's annualized distribution rate stands at 11.95% relative to its Net Asset Value (NAV).
Stone Harbor Emerging Markets Income Fund (EDF) declared monthly distributions of $0.07 per common share, effective August 2021. Current share price is $8.29, with a net asset value (NAV) of $7.01. These distributions yield an annualized rate of 10.13% based on share price and 11.98% based on NAV. The Fund's shares currently trade at a premium to NAV, allowing shareholders to potentially invest distributions at a discount through the Dividend Reinvestment Plan.
Virtus Investment Partners has announced an agreement to acquire 100% of Stone Harbor Investment Partners. The acquisition, expected to complete by the end of 2021, will not change the current personnel managing the Stone Harbor Emerging Markets Income Fund (NYSE: EDF) or Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI). Both funds aim to maximize total return through investments in emerging markets securities, although there is no guarantee of achieving these objectives.
Virtus Investment Partners (NASDAQ: VRTS) has announced the acquisition of Stone Harbor Investment Partners, the investment manager for Stone Harbor Emerging Markets Income Fund (NYSE: EDF) and Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI). The acquisition is expected to conclude by the end of 2021, with no changes to current management of the funds. Both funds aim to maximize total returns through investments in emerging market securities; however, achieving these objectives is not guaranteed.
On May 27, 2021, the Stone Harbor Emerging Markets Income Fund (EDF) announced a monthly distribution of $0.07 per share to shareholders recorded by May 17, 2021. The Fund has adopted a managed distribution policy allowing it to use capital gains as part of cash distributions. This flexibility aims to enhance shareholder returns. For the current distribution, 96.71% is from net investment income, while 3.29% is a return of capital. The annualized distribution rate stands at 11.88% of the Net Asset Value (NAV).
Stone Harbor Emerging Markets Income Fund (EDF) has declared a monthly distribution of $0.07 per common share. The Fund's current share price is $8.89, with a net asset value of $7.01, resulting in annualized distribution rates of 9.45% and 11.98%, respectively. Notably, this distribution reflects a reduction of $0.01 per share from previous amounts. The Fund focuses on maximizing total returns through investments in emerging markets securities.
On March 25, 2021, the Stone Harbor Emerging Markets Income Fund (EDF) announced a monthly distribution of $0.08 per share to shareholders of record as of March 15, 2021. This distribution is part of a managed distribution policy allowing the Fund to utilize capital gains for cash distributions. Of the total distribution, 76.13% is from net investment income, while 23.87% constitutes a return of capital. The Fund's annualized distribution rate is 13.69% of its net asset value as of the last month-end prior to distribution declaration.
On February 25, 2021, the Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announced a monthly distribution of $0.08 per share for shareholders of record as of February 12, 2021. The Fund utilizes a managed distribution policy approved by its Board, allowing for greater flexibility to distribute capital gains. For the current distribution, 55.63% comes from net investment income and 44.37% from a return of capital. The Fund's annualized distribution rate is 13.43% of its net asset value (NAV) as of January 31, 2021.
On January 28, 2021, the Stone Harbor Emerging Markets Income Fund (EDF) announced a monthly distribution of $0.08 per share to shareholders of record as of January 15, 2021. The Fund's managed distribution policy allows it to utilize capital gains for these monthly distributions, providing flexibility. For this distribution, 70.50% comes from net investment income, while 29.50% is a return of capital. The annualized distribution rate is 13.01% of NAV, with a cumulative total return of 5.97%.
Stone Harbor Emerging Markets Income Fund (EDF) has declared monthly distributions of $0.08 per common share, with distribution dates set. At the current share price of $8.07 and a net asset value of $7.19, the annualized distribution rate stands at 11.90% and 13.35%, respectively. The Fund's shares are trading at a premium to net asset value. Investors participating in the Dividend Reinvestment Plan may receive shares at a discount. Further details are available in the Fund's annual and semi-annual reports.
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