Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) Declares Monthly Dividend of $0.06

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) announced a monthly dividend on Wednesday, September 2nd. Stockholders of record on Tuesday, October 13th will be paid a dividend of 0.06 per share on Thursday, October 29th. This represents a c) dividend on an annualized basis and a dividend yield of 13.8%. The ex-dividend date is Tuesday, October 13th.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

NYSE:EDF opened at $5.23 on Thursday. Virtus Stone Harbor Emerging Markets Income Fund has a 1-year low of $4.72 and a 1-year high of $5.67. The stock has a fifty day simple moving average of $5.29 and a 200 day simple moving average of $5.23.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC raised its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 688.5% during the 2nd quarter. HighTower Advisors LLC now owns 107,652 shares of the company’s stock worth $601,000 after purchasing an additional 94,000 shares in the last quarter. Ameritas Advisory Services LLC increased its position in Virtus Stone Harbor Emerging Markets Income Fund by 93.9% during the second quarter. Ameritas Advisory Services LLC now owns 21,027 shares of the company’s stock worth $117,000 after buying an additional 10,184 shares during the last quarter. Wedbush Securities Inc. lifted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 8.9% in the second quarter. Wedbush Securities Inc. now owns 222,779 shares of the company’s stock worth $1,243,000 after buying an additional 18,296 shares during the last quarter. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 2nd quarter valued at about $97,000. Finally, Madison Wealth Partners Inc acquired a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the 2nd quarter worth approximately $89,000.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) is a closed-end management investment company that seeks to provide high current income and capital appreciation by investing primarily in fixed-income securities issued by sovereign, quasi-sovereign and corporate issuers in emerging market countries. The fund’s portfolio is diversified across both hard-currency and local-currency debt instruments, with exposure to regions including Asia, Latin America, Eastern Europe, the Middle East and Africa.