Virtus Stone Harbor Emerging Markets Total Income Fund Announces Distributions

Rhea-AI Summary

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.

Positive

• Consistent monthly distributions of $0.07 per share for December 2022, January 2023, and February 2023.
• Establishment of a clear schedule for ex-dates, record dates, and payable dates enhances shareholder clarity.

Negative

• Distributions are estimates and may vary, highlighting uncertainty in future returns.
• Investor risk remains due to potential loss of principal and fund shares trading at premiums or discounts.

HARTFORD, Conn., Nov. 17, 2022 /PRNewswire/ -- Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI), today announced the following monthly distributions:

Amount of Distribution	Ex-Date	Record Date	Payable Date
$0.07	December 12, 2022	December 13, 2022	December 23, 2022
$0.07	January 6, 2023	January 9, 2023	January 20, 2023
$0.07	February 10, 2023	February 13, 2023	February 24, 2023

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 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 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 (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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SOURCE Stone Harbor Emerging Markets Total Income Fund

FAQ

What is the distribution amount for Virtus Stone Harbor Emerging Markets Total Income Fund (EDI) in December 2022?

The distribution amount for December 2022 is $0.07 per share.

When is the ex-date for the January 2023 distribution of EDI?

The ex-date for the January 2023 distribution is January 6, 2023.

What are the payable dates for January and February 2023 distributions for EDI?

The payable dates are January 20, 2023, for January's distribution and February 24, 2023, for February's distribution.

Are the distributions from Virtus Stone Harbor Emerging Markets Total Income Fund guaranteed?

No, the distributions are estimates and can change based on the Fund's investment performance and tax regulations.

What risks are associated with investing in EDI?

Investing in EDI carries risks, including potential loss of principal and shares trading at a premium or discount to their net asset value.