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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) announced a monthly dividend on Wednesday, November 19th. Investors 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 14.8%. The ex-dividend date of this dividend is Thursday, December 11th.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of NYSE EDF opened at $4.87 on Thursday. Virtus Stone Harbor Emerging Markets Income Fund has a fifty-two week low of $4.14 and a fifty-two week high of $5.28. The company’s 50 day simple moving average is $5.00 and its 200 day simple moving average is $5.02.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

A number of institutional investors have recently made changes to their positions in EDF. Kestra Private Wealth Services LLC grew its position in shares of 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 worth $117,000 after buying an additional 4,253 shares during the period. Susquehanna International Group LLP grew its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 18.9% during the third quarter. Susquehanna International Group LLP now owns 21,820 shares of the company’s stock valued at $110,000 after purchasing an additional 3,475 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in Virtus Stone Harbor Emerging Markets Income Fund by 23.4% in the third quarter. Creative Financial Designs Inc. ADV now owns 21,587 shares of the company’s stock worth $109,000 after purchasing an additional 4,094 shares during the period. Wedbush Securities Inc. boosted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 6.3% during the third quarter. Wedbush Securities Inc. now owns 221,942 shares of the company’s stock worth $1,121,000 after purchasing an additional 13,103 shares in the last quarter. Finally, J.W. Cole Advisors Inc. boosted its position in shares of Virtus Stone Harbor Emerging Markets Income Fund by 5.5% during the third quarter. J.W. Cole Advisors Inc. now owns 395,380 shares of the company’s stock worth $1,997,000 after purchasing an additional 20,631 shares in the last quarter.

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.