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 given a dividend of 0.06 per share on Friday, November 27th. This represents a c) annualized dividend and a yield of 13.8%. The ex-dividend date of this dividend is Thursday, November 12th.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

Shares of NYSE EDF opened at $5.23 on Thursday. The firm’s 50 day simple moving average is $5.29 and its 200-day simple moving average is $5.23. Virtus Stone Harbor Emerging Markets Income Fund has a 12 month low of $4.72 and a 12 month high of $5.67.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Advisory Services Network LLC acquired a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 3rd quarter valued at about $30,000. Wells Fargo & Company MN boosted its position in Virtus Stone Harbor Emerging Markets Income Fund by 54.3% during the fourth quarter. Wells Fargo & Company MN now owns 9,113 shares of the company’s stock worth $45,000 after purchasing an additional 3,206 shares in the last quarter. One Capital Management LLC acquired a new stake in Virtus Stone Harbor Emerging Markets Income Fund in the third quarter valued at approximately $53,000. Landscape Capital Management L.L.C. purchased a new stake in shares of Virtus Stone Harbor Emerging Markets Income Fund in the fourth quarter valued at approximately $66,000. Finally, Independent Financial Group LLC acquired a new position in shares of Virtus Stone Harbor Emerging Markets Income Fund during the 1st quarter worth approximately $71,000.

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.