Stone Harbor Emerging Markets Income Fund Declares Monthly Distributions, Payable on December 23, 2021 and January 21, 2022 Respectively
October 20, 2021 at 04:15 pm EDT
Share
Stone Harbor Emerging Markets Income Fund announced the declaration of monthly distributions of $0.06 per common share, payable on December 23, 2021 and January 21, 2022 respectively. Based on the Fund's current share price of $7.70 and net asset value per share of $6.83 (as of close on October 19, 2021), the distributions represent an annualized distribution rate of 9.35% and 10.54%, respectively. Ex-distribution date on December 10, 2021 and January 7, 2022 respectively. Record date on December 13, 2021 and January 10, 2022 respectively.
Virtus Stone Harbor Emerging Markets Income Fund (the Fund), formerly Stone Harbor Emerging Markets Income Fund, is a non-diversified, closed-end management investment company. The Fund's investment objective is to maximize total return, which consists of income and capital appreciation from investments in emerging markets securities. The Fund may invest at least 80% of its net assets (plus any borrowings made for investment purposes) in emerging markets debt. The Fund invests in various sectors, such as Sovereign Hard Currency, Corporate Hard Currency, Sovereign Local Currency, and Corporate Local Currency. The Fund invests in various geographical locations, including Brazil, Argentina, Mexico, South Africa, Russia, Ivory Coast, Colombia, Indonesia, Ghana, Ecuador, Venezuela, Lebanon, Costa Rica, Nigeria, and Kenya. The Fund's investment advisor is Virtus Investment Partners, Inc.
VIRTUS STONE HARBOR EMERGING MARKETS INCOME FUND 
