Virtus Stone Harbor Emerging Markets Income Fund Overview
Pro stress-test →Virtus Stone Harbor Emerging Markets Income Fund is a non-diversified, closed-end management investment company with an objective to maximize total return through income and capital appreciation. The fund normally invests at least 80% of its net assets in emerging markets securities.
Strategic Profile
Pro stress-test →The fund is managed by Stone Harbor Investment Partners, a global institutional fixed-income investment manager specializing in credit and asset allocation strategies, including emerging markets debt. Following a December 2023 merger with the Virtus Stone Harbor Emerging Markets Total Income Fund (EDI), the combined fund achieved a higher asset base with reduced costs and improved economies of scale.
Competitive Landscape
Pro stress-test →The fund competes in the closed-end emerging markets fixed income space with offerings from managers including RiverNorth/DoubleLine, Western Asset, and Cornerstone. Stone Harbor's fundamental research and specialized emerging markets expertise provide differentiation in credit selection and macroeconomic positioning within this sector.
Industry Context
Virtus Stone Harbor Emerging Markets Income Fund operates in Closed-end emerging markets fixed income funds.
Key facts
Founded: 2010 · Headquarters: Hartford, US