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, September 2nd. Shareholders of record on Thursday, November 12th will be paid a dividend of 0.06 per share on Friday, November 27th. This represents a c) dividend on an annualized basis and a yield of 13.8%. The ex-dividend date of this dividend is Thursday, November 12th.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of EDF stock 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’s 50 day simple moving average is $5.29 and its two-hundred day simple moving average is $5.23.

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

Large investors have recently modified their holdings of the stock. HighTower Advisors LLC lifted its position in Virtus Stone Harbor Emerging Markets Income Fund by 688.5% in the second quarter. HighTower Advisors LLC now owns 107,652 shares of the company’s stock worth $601,000 after buying an additional 94,000 shares during 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 valued at $117,000 after acquiring an additional 10,184 shares during the last quarter. Wedbush Securities Inc. increased its position in Virtus Stone Harbor Emerging Markets Income Fund by 8.9% during the second quarter. Wedbush Securities Inc. now owns 222,779 shares of the company’s stock valued at $1,243,000 after acquiring an additional 18,296 shares during the last quarter. Northwestern Mutual Wealth Management Co. bought a new position in Virtus Stone Harbor Emerging Markets Income Fund during the second quarter valued at $97,000. Finally, Madison Wealth Partners Inc purchased a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the second quarter valued at $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.