Welcome to our dedicated page for Virtus Stone Harbor Emerging Markets Total Income Fund news (Ticker: EDI), a resource for investors and traders seeking the latest updates and insights on Virtus Stone Harbor Emerging Markets Total Income Fund stock.
Virtus Stone Harbor Emerging Markets Total Income Fund (symbol: EDI) is a closed-end balanced mutual fund managed by Stone Harbor Investment Partners LP. Established on October 25, 2012, and domiciled in the United States, the fund focuses on investing in public equity and fixed income securities from emerging markets worldwide. This investment strategy allows the fund to tap into the growth potential of developing economies while also diversifying risks associated with such investments.
EDI aims to deliver consistent income and potential capital appreciation by allocating its assets across a diverse range of countries and sectors. The fund's core business involves in-depth research and active management to identify undervalued securities and emerging market opportunities. With a dedicated team of experienced investment professionals, the fund leverages local market insights and global perspectives to make well-informed investment decisions.
Recent achievements of Virtus Stone Harbor Emerging Markets Total Income Fund include steady performance metrics and successful execution of strategic asset allocation. The fund's current projects include increasing exposure to high-growth sectors within emerging markets and exploring new opportunities to enhance its income-generating capabilities. Additionally, the fund maintains robust partnerships with local and international financial institutions to facilitate its investment activities.
Financially, EDI has demonstrated resilience and adaptive strategies in the face of global market fluctuations. The fund's balanced approach to equity and fixed income investments ensures a stable income stream for its investors. Ongoing analysis and adjustments in portfolio composition help the fund navigate economic uncertainties and capitalize on emerging trends.
Overall, Virtus Stone Harbor Emerging Markets Total Income Fund is a significant player in the realm of emerging market investments. By combining rigorous research, strategic asset allocation, and experienced management, the fund continues to provide valuable opportunities for investors looking to benefit from the potential growth of emerging economies.
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 Total Income Fund (NYSE: EDI) has announced monthly distributions of $0.07 for March, April, and May 2023. The ex-dates for these distributions are March 10, April 12, and May 10, 2023, while the corresponding record dates are March 13, April 13, and May 11, 2023. The pay dates are set for March 23, April 25, and May 23, 2023. These amounts are estimates and may change based on the Fund's investment performance and tax regulations. Investors should expect to receive a Form 1099-DIV for reporting purposes. The Fund aims to maximize total return through investments in emerging markets but carries inherent risks.
Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) has announced monthly distributions of $0.07 per share for three consecutive months, starting December 2022 through February 2023. The ex-dates for the distributions are December 12, January 6, and February 10, with record dates following shortly after. The payable dates are set for December 23, January 20, and February 24, respectively. The press release emphasizes that these amounts are estimates and subject to changes based on the fund's fiscal performance and tax regulations.
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