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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) announced a monthly dividend on Wednesday, June 3rd. Shareholders of record on Monday, June 15th will be paid a dividend of 0.06 per share on Monday, June 29th. This represents a c) dividend on an annualized basis and a yield of 13.5%. The ex-dividend date is Monday, June 15th.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Shares of NYSE:EDF opened at $5.35 on Friday. Virtus Stone Harbor Emerging Markets Income Fund has a 12 month low of $4.72 and a 12 month high of $5.45. The company’s 50-day moving average price is $5.16 and its two-hundred day moving average price is $5.04.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. J.W. Cole Advisors Inc. boosted its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 5.5% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 395,380 shares of the company’s stock valued at $1,997,000 after purchasing an additional 20,631 shares during the last quarter. Absolute Investment Advisers LLC bought a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund in the 4th quarter valued at about $1,771,000. Wedbush Securities Inc. boosted its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 3.8% in the 4th quarter. Wedbush Securities Inc. now owns 230,442 shares of the company’s stock valued at $1,145,000 after purchasing an additional 8,500 shares during the last quarter. Kestra Advisory Services LLC boosted its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 21.6% in the 1st quarter. Kestra Advisory Services LLC now owns 137,908 shares of the company’s stock valued at $659,000 after purchasing an additional 24,453 shares during the last quarter. Finally, Moors & Cabot Inc. boosted its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 9.5% in the 3rd quarter. Moors & Cabot Inc. now owns 117,475 shares of the company’s stock valued at $593,000 after purchasing an additional 10,150 shares during the last quarter.

About Virtus Stone Harbor Emerging Markets Income Fund

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.