VIRTUS STONE HBR EMRG MKTS INC Stock Price, News & Analysis

Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) has announced monthly distributions of $0.06 per share for three upcoming dates: September 23, October 21, and November 18, 2022. The ex-dates for these distributions are September 12, October 7, and November 7, 2022, respectively. Distributions are estimates and subject to change based on the Fund's investment performance and tax regulations. The Fund aims to maximize total returns through investments in emerging market securities, but there is no assurance it will achieve this objective.

Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) announced monthly distributions of $0.07 for September, October, and November 2022. Key dates for these distributions include an ex-date on September 12, 2022, record dates on September 13, October 11, and November 8, and payable dates on September 23, October 21, and November 18, 2022. The actual amounts and sources of distributions are estimates and may change based on the Fund's performance and tax regulations. The Fund primarily aims to maximize total return from investments in emerging markets securities.

On May 25, 2022, Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announced monthly distributions of $0.06 per share for June, July, and August 2022. The ex-dates are June 6, July 11, and August 8, 2022, with record dates following a day later, and payable dates on June 17, July 22, and August 19, 2022, respectively. These distributions are estimates and will be confirmed for tax reporting purposes based on the Fund's investment performance. The Fund aims to maximize total return through investments in emerging markets.

Stone Harbor Emerging Markets Income Fund (EDF) announced the removal of its managed distribution plan, effective May 2022, while maintaining a monthly distribution of $0.06 per share. This decision aims to lower fund expenses as the plan is deemed unnecessary. The current distribution rate yields an annualized return of 10.94% based on market price and 12.86% based on net asset value. Effective April 11, 2022, the Fund will trade under the name Virtus Stone Harbor Emerging Markets Income Fund. The share price stands at $6.58, with a net asset value of $5.60.

On March 22, 2022, Stone Harbor Emerging Markets Total Income Fund (EDI) and Stone Harbor Emerging Markets Income Fund (EDF) announced the election of a new Board of Trustees and the approval of new investment advisory agreements. Shareholders approved a slate of 12 trustees and new advisory agreements on February 17, 2022. Effective April 8, 2022, the new trustees will take office, and on April 11, 2022, the funds will change their names to Virtus Stone Harbor Emerging Markets Total Income Fund and Virtus Stone Harbor Emerging Markets Income Fund. The funds' investment objectives will remain unchanged.

The Stone Harbor Emerging Markets Income Fund (EDF) declared monthly distributions of $0.06 per share, based on a share price of $6.13 and a net asset value of $6.10 as of January 25, 2022. This results in an annualized distribution rate of 11.75% based on share price and 11.80% based on net asset value. Important distribution dates are: Ex-Distribution Date on February 7, Record Date on February 8, and Payable Date on February 18. The Fund aims to maximize total return through investments in emerging markets securities.

Stone Harbor Investment Partners continues to advise the Stone Harbor Emerging Markets Income Fund (EDF) and Stone Harbor Emerging Markets Total Income Fund (EDI) following its acquisition by Virtus Investment Partners on January 1, 2022. The day-to-day management remains unchanged under the new interim advisory agreement. Shareholders are asked to approve new advisory and sub-advisory agreements, detailed in a proxy statement filed with the SEC. Both Funds aim to maximize total returns through investments in emerging markets securities, though there are inherent risks.

Stone Harbor Investment Partners will continue as the adviser to the Stone Harbor Emerging Markets Income Fund (NYSE: EDF) and the Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) following its acquisition by Virtus Investment Partners on January 1, 2022. There will be no changes to the portfolio management personnel. Shareholders are being asked to approve new advisory agreements. The Funds aim to maximize total return through investments in emerging markets securities, though there is no guarantee of achieving this objective.

On October 22, 2021, the Stone Harbor Emerging Markets Income Fund (NYSE: EDF) declared a monthly distribution of $0.07 per share, payable to shareholders of record as of October 12, 2021. This distribution is part of a managed distribution policy allowing the Fund to utilize capital gains for cash distributions. For the current fiscal year, the Fund's total distributions indicate that 97.57% come from net investment income, while 2.43% represents a return of capital. The Fund's annualized distribution rate is 12.19% of the Net Asset Value (NAV).