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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDFGet Rating) announced a monthly dividend on Friday, September 2nd, Zacks reports. Shareholders of record on Tuesday, September 13th will be paid a dividend of 0.06 per share on Friday, September 23rd. This represents a $0.72 annualized dividend and a yield of 16.22%. The ex-dividend date of this dividend is Monday, September 12th.

Virtus Stone Harbor Emerging Markets Income Fund has decreased its dividend by an average of 27.0% per year over the last three years.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Shares of NYSE:EDF opened at $4.44 on Friday. Virtus Stone Harbor Emerging Markets Income Fund has a 1-year low of $4.15 and a 1-year high of $8.40. The business has a 50-day moving average price of $4.57 and a two-hundred day moving average price of $5.25.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

A number of institutional investors and hedge funds have recently modified their holdings of EDF. NewEdge Advisors LLC increased its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 1.6% in the 1st quarter. NewEdge Advisors LLC now owns 189,441 shares of the company’s stock valued at $1,237,000 after acquiring an additional 3,012 shares during the last quarter. Advisory Services Network LLC increased its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 14.7% in the 1st quarter. Advisory Services Network LLC now owns 29,796 shares of the company’s stock valued at $195,000 after acquiring an additional 3,812 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 8.3% in the 1st quarter. Bank of America Corp DE now owns 62,977 shares of the company’s stock valued at $411,000 after acquiring an additional 4,827 shares during the last quarter. Finally, LPL Financial LLC increased its stake in shares of Virtus Stone Harbor Emerging Markets Income Fund by 29.1% in the 2nd quarter. LPL Financial LLC now owns 141,430 shares of the company’s stock valued at $622,000 after acquiring an additional 31,874 shares during the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

(Get Rating)

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.

Recommended Stories

Dividend History for Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF)

Receive News & Ratings for Virtus Stone Harbor Emerging Markets Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Virtus Stone Harbor Emerging Markets Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.