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, June 3rd. Investors of record on Monday, July 13th will be given a dividend of 0.06 per share on Thursday, July 30th. This represents a c) annualized dividend and a dividend yield of 13.4%. The ex-dividend date is Monday, July 13th.

Virtus Stone Harbor Emerging Markets Income Fund Stock Performance

Shares of EDF opened at $5.37 on Thursday. The business’s fifty day moving average price is $5.16 and its 200 day moving average price is $5.04. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $4.72 and a 12-month high of $5.45.

Institutional Investors Weigh In On Virtus Stone Harbor Emerging Markets Income Fund

A number of institutional investors have recently modified their holdings of the business. Quarry LP bought a new position in Virtus Stone Harbor Emerging Markets Income Fund in the fourth quarter worth about $336,000. Kestra Private Wealth Services LLC lifted its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 22.4% in the 3rd quarter. Kestra Private Wealth Services LLC now owns 23,240 shares of the company’s stock worth $117,000 after purchasing an additional 4,253 shares during the last quarter. Kovack Advisors Inc. acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at approximately $77,000. Landscape Capital Management L.L.C. acquired a new position in Virtus Stone Harbor Emerging Markets Income Fund during the 4th quarter valued at approximately $66,000. Finally, Private Advisor Group LLC bought a new position in Virtus Stone Harbor Emerging Markets Income Fund during the 1st quarter worth $190,000.

About Virtus Stone Harbor Emerging Markets Income Fund

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.