Virtus Stone Harbor Emerging Markets Income Fund Announces Distributions

Rhea-AI Summary

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.

Positive

• Consistent monthly distribution of $0.06 per share maintained
• Distribution schedule confirmed for next four months

Negative

• None.

Insights

Financial Analyst

This monthly distribution announcement from Virtus Stone Harbor Emerging Markets Income Fund represents a consistent $0.06 per share payout through Q1 2025. While distribution continuity is positive for income-focused investors, the current yield appears modest given emerging market risk profiles. The fund's relatively small market cap of $143.26M and emerging markets focus suggests heightened volatility exposure. Notable is the standard disclaimer about distribution sources and tax implications, indicating these payments may include return of capital components beyond pure income. Investors should monitor the eventual Form 1099-DIV for the true tax character of these 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 actual amounts and sources of the distributions for tax purposes will depend on the Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.

About the Fund

Virtus Stone Harbor Emerging Markets Income Fund is a non-diversified, closed-end management investment company that is managed by Stone Harbor Investment Partners. The Fund's primary investment objective is to maximize total return, which consists of income and capital appreciation on its investments in emerging markets securities. There is no assurance that the Fund will achieve its investment objective.

For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the Closed-End Funds section of virtus.com.

Fund Risks

An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund’s shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about the Fund’s investment objective and risks, please see the Fund’s annual report. A copy of the Fund’s most recent annual report may be obtained free of charge by contacting “Shareholder Services” as set forth at the end of this press release.

About Stone Harbor

Stone Harbor Investment Partners is a global institutional fixed-income investment manager specializing in credit and asset allocation strategies. The firm manages institutional clients’ assets in a range of investment strategies including emerging markets debt, global high yield, bank loans, as well as multi-sector credit products including unconstrained and total return approaches. The firm’s investment strategies are based on fundamental insights, derived from a combination of proprietary research and the in-depth knowledge and specialized experience of the firm’s team. Founded in 2006, it is based in New York City with additional offices in London and Singapore. Stone Harbor Investment Partners is a division of Virtus Fixed Income Advisers, LLC, a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit shipemd.com.

About Virtus Investment Partners, Inc.

Virtus Investment Partners (NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at virtus.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241120847926/en/

For Further Information:

Shareholder Services

(866) 270-7788

closedendfunds@virtus.com

Source: Virtus Stone Harbor Emerging Markets Income Fund

FAQ

What is the monthly distribution amount for Virtus Stone Harbor Emerging Markets Income Fund (EDF)?

The monthly distribution amount for EDF is $0.06 per share.

When is the next distribution payment date for EDF stock?

The next distribution payment date for EDF is December 30, 2024, with an ex-date of December 12, 2024.

How many monthly distributions did EDF announce for 2024-2025?

EDF announced four monthly distributions covering the period from December 2024 through March 2025.

What are the ex-dates for EDF's announced distributions?

The ex-dates are December 12, 2024, January 13, 2025, February 13, 2025, and March 13, 2025.