Stone Harbor Emerging Markets Income Fund Declares Monthly Distributions Payable on February 23, 2017, March 30, 2017 and April 27, 2017, Respectively
January 25, 2017 at 05:23 pm EST
Share
Stone Harbor Emerging Markets Income Fund announced the declaration of monthly distributions of $0.18 per common share. The following dates apply to the distributions declared: Ex-Distribution date: February 8, 2017; record date: February 10, 2017 and payable date: February 23, 2017. Ex-distribution date: March 16, 2017; record date: March 20, 2017 and payable date: March 30, 2017. Ex-distribution date: April 12, 2017; record date: April 17, 2017 and payable date: April 27, 2017.
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.