Virtus Stone Harbor Emerging Markets Income Fund Announces Portfolio Manager Update

Key Terms

cfa financial

A CFA is a professional credential awarded to financial analysts and investment managers who pass a series of rigorous exams and meet experience and ethical standards. It signals that a person has demonstrated advanced knowledge of investing, portfolio management and financial analysis—think of it like a pilot’s license for someone who manages money. For investors, seeing a CFA can make it easier to judge a professional’s training and credibility, though it is not a guarantee of performance.

portfolio manager financial

A portfolio manager is the professional who picks and oversees a collection of investments—such as stocks, bonds, and cash—on behalf of individuals or institutions. They make decisions about which assets to buy, hold or sell and how much risk to take, like a ship captain steering through changing weather; their choices shape an investor’s potential returns, losses and the steadiness of the investment experience.

emerging markets economist financial

An emerging markets economist studies and forecasts the economic conditions, policies, and risks in developing countries, focusing on growth drivers like trade, currency moves, inflation and political changes. They act like an economic weather forecaster for these markets, helping investors gauge where opportunities and storms may appear so portfolio managers can decide how much risk to take, which countries or sectors to favor, and how to price potential returns.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

HARTFORD, Conn.--(BUSINESS WIRE)-- Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), managed by Stone Harbor Investment Partners, today announced that James E. Craige, CFA, will step down as a portfolio manager of the Fund effective December 31, 2026.

Darin Batchman, Richard Lange, and Stuart Sclater-Booth will continue to serve as portfolio managers of the Fund and remain responsible for the implementation of the Fund’s investment strategy. Steffen Reichold, Ph.D., who joined Stone Harbor in 2009 and serves as a portfolio manager and emerging markets economist, will be added as a portfolio manager of the Fund effective July 2, 2026.

About the Fund

Virtus Stone Harbor Emerging Markets Income Fund is a non-diversified, closed-end management investment company. 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. Virtus Investment Advisers, LLC, a registered investment adviser affiliated with Virtus Investment Partners, Inc., is the investment adviser to the Fund and Stone Harbor Investment Partners, a division of Virtus Fixed Income Advisers, LLC, is its subadviser.

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 can be accessed through the Closed-End Funds section of virtus.com and 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 (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 products and services from our investment 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260702984713/en/

For Further Information:
Shareholder Services
(866) 270-7788
closedendfunds@virtus.com

Source: Virtus Stone Harbor Emerging Markets Income Fund