Virtus Stone Harbor Emerging Markets Income Fund Announces Adviser Update
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announced a legal entity transition where Virtus Investment Advisers, (VIA) will replace Virtus Alternative Investment Advisers, Inc. (VAIA) as the Fund's adviser, effective January 1, 2025. The transition involves transferring VAIA's rights and obligations under the investment advisory, subadvisory, and expense limitation agreements to VIA. Both entities are wholly owned indirect subsidiaries of Virtus Investment Partners. The change maintains the same investment advisory fee rates, Fund's subadviser, and portfolio managers.
Il Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) ha annunciato una transizione della entità legale in cui Virtus Investment Advisers (VIA) sostituirà Virtus Alternative Investment Advisers, Inc. (VAIA) come consulente del Fondo, a partire dal 1 gennaio 2025. La transizione prevede il trasferimento dei diritti e degli obblighi di VAIA in virtù degli accordi di consulenza sugli investimenti, di subconsulenza e di limitazione delle spese a VIA. Entrambe le entità sono interamente possedute come sussidiarie indirette di Virtus Investment Partners. Il cambiamento mantiene le stesse tariffe per la consulenza sugli investimenti, il subconsulente del Fondo e i gestori di portafoglio.
El Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) anunció una transición de entidad legal donde Virtus Investment Advisers (VIA) reemplazará a Virtus Alternative Investment Advisers, Inc. (VAIA) como asesor del Fondo, efectivo el 1 de enero de 2025. La transición implica la transferencia de los derechos y obligaciones de VAIA bajo los acuerdos de asesoría de inversión, subasesoría y limitación de gastos a VIA. Ambas entidades son subsidiarias indirectas de propiedad totalmente controlada de Virtus Investment Partners. El cambio mantiene las mismas tarifas de asesoría de inversión, el subasesor del Fondo y los gestores de cartera.
버추스 스톤 하버 이머징 마켓 인컴 펀드(NYSE: EDF)는 버추스 투자 자문(VIA)가 2025년 1월 1일부터 펀드의 자문사로서 버추스 대체 투자 자문 회사(VAIA)를 대체하는 법인 전환을 발표했습니다. 이 전환은 VAIA의 투자 자문, 하위 자문 및 비용 제한 계약에 따른 권리와 의무를 VIA로 이전하는 것을 포함합니다. 두 개체 모두 Virtus Investment Partners의 완전 소유 간접 자회사입니다. 이 변화는 동일한 투자 자문 수수료율, 펀드의 하위 자문 및 포트폴리오 관리자를 유지합니다.
Le Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) a annoncé une transition d'entité légale où Virtus Investment Advisers (VIA) remplacera Virtus Alternative Investment Advisers, Inc. (VAIA) en tant que conseiller du Fonds, à compter du 1er janvier 2025. Cette transition implique le transfert des droits et obligations de VAIA en vertu des accords de conseil en investissement, de sous-conseil et de limitation des dépenses à VIA. Les deux entités sont entièrement détenues comme des filiales indirectes de Virtus Investment Partners. Le changement maintient les mêmes taux de frais de conseil en investissement, le sous-conseiller du Fonds et les gérants de portefeuille.
Der Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) gab einen Wechsel der rechtlichen Einheit bekannt, wobei Virtus Investment Advisers (VIA) Virtus Alternative Investment Advisers, Inc. (VAIA) als Berater des Fonds ersetzt, wirksam ab dem 1. Januar 2025. Der Übergang umfasst die Übertragung von VAIA's Rechten und Verpflichtungen im Rahmen der Vereinbarungen über Anlageberatung, Unterberatung und Kostenbegrenzung an VIA. Beide Einheiten sind vollständig im Besitz von Virtus Investment Partners als indirekte Tochtergesellschaften. Die Änderung hält die gleichen Gebühren für die Anlageberatung, den Unterberater des Fonds und die Portfoliomanager aufrecht.
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Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. No changes have been made to the investment advisory fee rates payable by the Fund, the Fund’s subadviser, or the portfolio managers managing the Fund.
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.
About Stone Harbor
Stone Harbor Investment Partners, a division of Virtus Fixed Income Advisers, LLC, 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 (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.
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For Further Information:
Shareholder Services
(866) 270-7788
closedendfunds@virtus.com
Source: Virtus Stone Harbor Emerging Markets Income Fund
FAQ
When will VIA replace VAIA as adviser for Virtus Stone Harbor Emerging Markets Income Fund (EDF)?
Will EDF's investment advisory fees change after the adviser transition?
Will EDF's portfolio managers change following the adviser transition?
What is the relationship between VIA and VAIA in the EDF adviser transition?
