Virtus Stone Harbor Emerging Markets Total Income Fund Announces Distributions
- None.
- Reorganization delay may impact stock price negatively.
Amount of Distribution |
Ex-Date |
Record Date |
Payable Date |
|
September 8, 2023 |
September 11, 2023 |
September 21, 2023 |
|
October 11, 2023 |
October 12, 2023 |
October 24, 2023 |
|
November 10, 2023 |
November 13, 2023 |
November 24, 2023 |
As previously announced on July 10, 2023, the proposed reorganization with and into Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) has been delayed pending regulatory approval related to the transfer or sale of certain foreign assets. These distributions will only take place if the reorganization has not yet occurred. Once timing on the reorganization is available, the Fund will announce a reorganization date and prior to that date, will declare a final cash-only distribution to distribute all available income.
The amount of distribution reported in this notice is an estimate only and is not being provided for tax reporting purposes. The actual amounts and sources of the Fund’s 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 Total 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
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. For more information, visit virtus.com.
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For Further Information:
Shareholder Services
(866) 270-7788
closedendfunds@virtus.com
Source: Virtus Stone Harbor Emerging Markets Total Income Fund
