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

Virtus Stone Harbor Emerging Markets Income Fund (NYSE:EDF) declared a monthly dividend on Thursday, August 29th,Wall Street Journal reports. Investors of record on Tuesday, November 12th will be given a dividend of 0.06 per share on Wednesday, November 27th. This represents a $0.72 dividend on an annualized basis and a yield of 13.98%. The ex-dividend date of this dividend is Tuesday, November 12th.

Virtus Stone Harbor Emerging Markets Income Fund has raised its dividend by an average of 57.7% annually over the last three years.

Virtus Stone Harbor Emerging Markets Income Fund Trading Up 1.0 %

NYSE EDF opened at $5.15 on Friday. The company has a 50 day moving average price of $5.16 and a two-hundred day moving average price of $5.29. Virtus Stone Harbor Emerging Markets Income Fund has a 12-month low of $3.90 and a 12-month 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.