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) declared a monthly dividend on Monday, March 10th, Wall Street Journal reports. Shareholders of record on Friday, April 11th will be paid a dividend of 0.06 per share on Tuesday, April 29th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 14.04%. The ex-dividend date of this dividend is Friday, April 11th.

Virtus Stone Harbor Emerging Markets Income Fund has raised its dividend payment by an average of 11.0% annually over the last three years.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Shares of NYSE EDF opened at $5.13 on Tuesday. The business has a fifty day moving average of $5.07 and a two-hundred day moving average of $5.07. Virtus Stone Harbor Emerging Markets Income Fund has a 52-week low of $4.58 and a 52-week high of $5.75.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

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.