Virtus Stone Harbor Emerging Markets Income Fund (EDF) to Issue Monthly Dividend of $0.06 on December 30th

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) announced a monthly dividend on Wednesday, November 19th. Stockholders of record on Thursday, December 11th will be given a dividend of 0.06 per share on Tuesday, December 30th. This represents a c) dividend on an annualized basis and a dividend yield of 14.9%. The ex-dividend date is Thursday, December 11th.

Virtus Stone Harbor Emerging Markets Income Fund Trading Down 0.6%

Shares of NYSE EDF opened at $4.84 on Friday. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $4.14 and a 12-month high of $5.28. The stock has a 50 day simple moving average of $4.99 and a 200-day simple moving average of $5.02.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Advisory Services Network LLC bought a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the third quarter valued at about $30,000. Kestra Private Wealth Services LLC increased its stake in Virtus Stone Harbor Emerging Markets Income Fund by 22.4% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 23,240 shares of the company’s stock valued at $117,000 after buying an additional 4,253 shares during the period. Susquehanna International Group LLP raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 18.9% during the 3rd quarter. Susquehanna International Group LLP now owns 21,820 shares of the company’s stock worth $110,000 after buying an additional 3,475 shares in the last quarter. Moors & Cabot Inc. raised its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 9.5% during the 3rd quarter. Moors & Cabot Inc. now owns 117,475 shares of the company’s stock worth $593,000 after buying an additional 10,150 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.4% in the 3rd quarter. Raymond James Financial Inc. now owns 83,022 shares of the company’s stock worth $419,000 after acquiring an additional 2,707 shares during the period.

About Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations.