Stone Harbor Emerging Markets Income Fund Declares Monthly Distributions, Payable on February 28, 2013, March 28, 2013 and April 25, 2013
January 24, 2013 at 12:37 am IST
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Stone Harbor Emerging Markets Income Fund announced the declaration of monthly distributions of $0.18 per common share, payable on February 28, 2013, March 28, 2013 and April 25, 2013 with record date of February 15, 2013, March 18, 2013 and April 15, 2013, and ex-distribution date of February 13, 2013, March 14, 2013 and April 11, 2013 respectively.
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.