STOCK TITAN

Virtus Stone Harbor Emerging Markets Total Income Fund - EDI STOCK NEWS

Welcome to our dedicated news page for Virtus Stone Harbor Emerging Markets Total Income Fund (Ticker: EDI), a resource for investors and traders seeking the latest updates and insights on Virtus Stone Harbor Emerging Markets Total Income Fund.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Virtus Stone Harbor Emerging Markets Total Income Fund's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Virtus Stone Harbor Emerging Markets Total Income Fund's position in the market.

Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Total Income Fund (EDI) has completed its reorganization with Virtus Stone Harbor Emerging Markets Income Fund (EDF), resulting in the dissolution of EDI and the continuation of EDF with the same ticker symbol. Each share of EDI common stock converted into an equivalent dollar amount of shares of common stock of EDF, with former EDI shareholders being credited 1.153733 shares of EDF for every share of EDI common stock they held.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
Tags
none
-
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Total Income Fund (EDI) has completed its reorganization with Virtus Stone Harbor Emerging Markets Income Fund (EDF), resulting in the dissolution of EDI and the continuation of EDF with the same ticker symbol. Each share of EDI common stock converted into an equivalent dollar amount of shares of common stock of EDF, with former EDI shareholders being credited 1.153733 shares of EDF for every share of EDI common stock they held.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Total Income Fund (EDI) has completed its reorganization with Virtus Stone Harbor Emerging Markets Income Fund (EDF), resulting in the dissolution of EDI and the continuation of EDF with the same ticker symbol. Each share of EDI common stock converted into an equivalent dollar amount of shares of common stock of EDF, with former EDI shareholders being credited 1.153733 shares of EDF for every share of EDI common stock they held.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.88%
Tags
none
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announces monthly distributions and reorganization with Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI). The monthly distributions, estimated at $0.06 per share, will be paid on December 19, 2023, January 30, 2024, and February 28, 2024. The reorganization with EDI is scheduled for December 15, 2023, retaining the EDF ticker symbol and cusip 86164T107.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
acquisition
-
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announces monthly distributions and reorganization with Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI). The monthly distributions, estimated at $0.06 per share, will be paid on December 19, 2023, January 30, 2024, and February 28, 2024. The reorganization with EDI is scheduled for December 15, 2023, retaining the EDF ticker symbol and cusip 86164T107.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
acquisition
-
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announces monthly distributions and reorganization with Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI). The monthly distributions, estimated at $0.06 per share, will be paid on December 19, 2023, January 30, 2024, and February 28, 2024. The reorganization with EDI is scheduled for December 15, 2023, retaining the EDF ticker symbol and cusip 86164T107.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
acquisition
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) has announced its reorganization with and into Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), scheduled for December 15, 2023. The reorganization was delayed due to regulatory approval related to the transfer or sale of certain foreign assets, which has now been resolved. Additionally, EDI announced a monthly distribution of $0.07, with the board discontinuing the dividend reinvestment program in advance of the last monthly distribution before the reorganization. The fund intends to distribute the greater of $0.07 per share or all available net investment income and net short- and long-term capital gains before the reorganization date, with any supplemental distribution to be announced on December 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.4%
Tags
acquisition
-
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) has announced its reorganization with and into Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), scheduled for December 15, 2023. The reorganization was delayed due to regulatory approval related to the transfer or sale of certain foreign assets, which has now been resolved. Additionally, EDI announced a monthly distribution of $0.07, with the board discontinuing the dividend reinvestment program in advance of the last monthly distribution before the reorganization. The fund intends to distribute the greater of $0.07 per share or all available net investment income and net short- and long-term capital gains before the reorganization date, with any supplemental distribution to be announced on December 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.61%
Tags
acquisition
-
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) has announced its reorganization with and into Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), scheduled for December 15, 2023. The reorganization was delayed due to regulatory approval related to the transfer or sale of certain foreign assets, which has now been resolved. Additionally, EDI announced a monthly distribution of $0.07, with the board discontinuing the dividend reinvestment program in advance of the last monthly distribution before the reorganization. The fund intends to distribute the greater of $0.07 per share or all available net investment income and net short- and long-term capital gains before the reorganization date, with any supplemental distribution to be announced on December 5, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.57%
Tags
acquisition
Rhea-AI Summary
Virtus Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) announces monthly distributions. Reorganization with Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) delayed pending regulatory approval. Distributions will proceed if reorganization has not occurred.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.64%
Tags
acquisition
Virtus Stone Harbor Emerging Markets Total Income Fund

NYSE:EDI

EDI Rankings

EDI Stock Data

50.30M
0.02%
21.94%
0.16%
Securities and Commodity Exchanges
Finance and Insurance
Link
US
New York

About EDI

stone harbor emerging markets total income fund is a closed ended balanced mutual fund launched and managed by stone harbor investment partners lp. the fund invests in public equity and fixed income securities of emerging countries across the globe. stone harbor emerging markets total income fund was formed on october 25, 2012 and is domiciled in the united states.