Virtus Stone Harbor Emerging Markets Income Fund (EDF) to Distribute Monthly Dividend of $0.06 on October 29th

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) declared 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) annualized dividend and a dividend yield of 13.7%. The ex-dividend date is Tuesday, October 13th.

Virtus Stone Harbor Emerging Markets Income Fund Stock Up 0.4%

Shares of EDF opened at $5.25 on Friday. Virtus Stone Harbor Emerging Markets Income Fund has a 12 month low of $4.72 and a 12 month high of $5.67. The firm’s 50 day moving average is $5.29 and its 200-day moving average is $5.23.

Hedge Funds Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

A number of hedge funds have recently added to or reduced their stakes in EDF. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 2nd quarter worth $97,000. Madison Wealth Partners Inc bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund in the second quarter worth $89,000. Eclectic Associates Inc. ADV raised its stake in Virtus Stone Harbor Emerging Markets Income Fund by 2.9% in the second quarter. Eclectic Associates Inc. ADV now owns 127,002 shares of the company’s stock valued at $709,000 after purchasing an additional 3,524 shares in the last quarter. CoreCap Advisors LLC lifted its position in Virtus Stone Harbor Emerging Markets Income Fund by 223.7% during the second quarter. CoreCap Advisors LLC now owns 80,716 shares of the company’s stock worth $450,000 after purchasing an additional 55,777 shares during the period. Finally, Independent Financial Group LLC bought a new stake in Virtus Stone Harbor Emerging Markets Income Fund during the first quarter worth about $71,000.

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.