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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDFGet Free Report) announced a monthly dividend on Tuesday, November 21st, Wall Street Journal reports. Shareholders of record on Monday, December 11th will be given a dividend of 0.06 per share on Tuesday, December 19th. This represents a $0.72 annualized dividend and a dividend yield of 17.18%. The ex-dividend date is Friday, December 8th.

Virtus Stone Harbor Emerging Markets Income Fund has decreased its dividend by an average of 30.7% per year over the last three years.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

EDF stock traded up $0.01 during midday trading on Tuesday, reaching $4.19. The company had a trading volume of 30,653 shares, compared to its average volume of 73,306. Virtus Stone Harbor Emerging Markets Income Fund has a 1 year low of $3.51 and a 1 year high of $5.62. The firm has a 50-day moving average price of $4.08 and a 200-day moving average price of $4.32.

Institutional Trading of Virtus Stone Harbor Emerging Markets Income Fund

Large investors have recently bought and sold shares of the company. NewEdge Advisors LLC lifted its position in Virtus Stone Harbor Emerging Markets Income Fund by 1.6% during 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 period. Advisory Services Network LLC lifted its holdings in shares of Virtus Stone Harbor Emerging Markets Income Fund by 14.7% during the first quarter. Advisory Services Network LLC now owns 29,796 shares of the company’s stock valued at $195,000 after purchasing an additional 3,812 shares during the last quarter. Bank of America Corp DE boosted its position 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 worth $411,000 after purchasing an additional 4,827 shares in the last quarter. LPL Financial LLC grew 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 worth $622,000 after buying an additional 31,874 shares during the last quarter. Finally, Morgan Stanley increased its position in Virtus Stone Harbor Emerging Markets Income Fund by 9.3% during the 4th quarter. Morgan Stanley now owns 1,135,314 shares of the company’s stock valued at $4,723,000 after buying an additional 96,187 shares in the last quarter.

Virtus Stone Harbor Emerging Markets Income Fund Company Profile

(Get Free Report)

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.

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

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