Signet Financial Management LLC purchased a new stake in Stone Harbor Emerging Markets Income Fnd (NYSE:EDF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 21,388 shares of the company’s stock, valued at approximately $340,000.

Other hedge funds have also recently made changes to their positions in the company. Royal Bank of Canada grew its holdings in shares of Stone Harbor Emerging Markets Income Fnd by 4.4% in the 2nd quarter. Royal Bank of Canada now owns 7,501 shares of the company’s stock valued at $119,000 after buying an additional 315 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Stone Harbor Emerging Markets Income Fnd by 26.5% in the 2nd quarter. Janney Montgomery Scott LLC now owns 17,630 shares of the company’s stock valued at $280,000 after buying an additional 3,695 shares during the period. Global X Management Co. LLC grew its holdings in shares of Stone Harbor Emerging Markets Income Fnd by 2.0% in the 2nd quarter. Global X Management Co. LLC now owns 17,924 shares of the company’s stock valued at $285,000 after buying an additional 348 shares during the period. Stifel Financial Corp grew its holdings in shares of Stone Harbor Emerging Markets Income Fnd by 1.9% in the 2nd quarter. Stifel Financial Corp now owns 36,296 shares of the company’s stock valued at $577,000 after buying an additional 661 shares during the period. Finally, Ameriprise Financial Inc. grew its holdings in shares of Stone Harbor Emerging Markets Income Fnd by 141.9% in the 2nd quarter. Ameriprise Financial Inc. now owns 53,066 shares of the company’s stock valued at $843,000 after buying an additional 31,126 shares during the period.

Shares of Stone Harbor Emerging Markets Income Fnd (EDF) traded up 0.23% during trading on Thursday, hitting $17.15. 5,582 shares of the stock traded hands. The firm has a 50-day moving average of $16.82 and a 200-day moving average of $16.48. Stone Harbor Emerging Markets Income Fnd has a 1-year low of $13.35 and a 1-year high of $17.31.

The company also recently announced a monthly dividend, which will be paid on Thursday, October 26th. Investors of record on Monday, October 16th will be paid a dividend of $0.18 per share. This represents a $2.16 dividend on an annualized basis and a yield of 12.62%. The ex-dividend date of this dividend is Friday, October 13th.

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Stone Harbor Emerging Markets Income Fnd Profile

Stone Harbor Emerging Markets Income Fund (the Fund) is a non-diversified, closed-end management investment company. The Fund’s investment objective is to maximize total return, which consists of income on its investments and capital appreciation. The Fund will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in emerging markets securities, including fixed income securities and other instruments (including derivatives) that are economically tied to emerging market countries.

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Institutional Ownership by Quarter for Stone Harbor Emerging Markets Income Fnd (NYSE:EDF)

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