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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) announced a monthly dividend on Monday, March 10th, Wall Street Journal reports. Investors of record on Thursday, June 12th will be given a dividend of 0.06 per share on Friday, June 27th. This represents a $0.72 annualized dividend and a yield of 14.04%. The ex-dividend date is Thursday, June 12th.

Virtus Stone Harbor Emerging Markets Income Fund has increased its dividend by an average of 11.0% per year over the last three years.

Virtus Stone Harbor Emerging Markets Income Fund Price Performance

NYSE EDF opened at $5.13 on Wednesday. The business has a 50 day simple moving average of $5.08 and a 200 day simple moving average of $5.07. Virtus Stone Harbor Emerging Markets Income Fund has a one year low of $4.58 and a one year high of $5.75.

About Virtus Stone Harbor Emerging Markets Income Fund

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.