Virtus Stone Harbor Emerging Markets Income Fund (EDF)
$
5.06
+0.03 (0.59%)
Key metrics
Financial statements
Free cash flow per share
0.2389
Market cap
145.7 Million
Price to sales ratio
14.9555
Debt to equity
0
Current ratio
0
Income quality
0.1989
Average inventory
0
ROE
0.2269
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
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. The fund focuses on factors such as liquidity, volatility, tax implications, interest rate sensitivity, counterparty risks, economic factors, currency exchange rates, and technical market considerations to create its portfolio. It benchmarks the performance of its portfolios against the JP Morgan EMBI Global Diversified TR Index, the JPMorgan CEMBI Broad Diversified Index, and the JPMorgan GBI-EM Global Diversified Composite TR Index. Virtus Stone Harbor Emerging Markets Income Fund was formed on December 22, 2010 and is domiciled in the United States.
News
businesswire.com
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) today announced the following monthly distributions: Amount of Distribution Ex-Date/Record Date Payable Date $0.06 April 11, 2025 April 29, 2025 $0.06 May 12, 2025 May 29, 2025 $0.06 June 12, 2025 June 27, 2025 The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purpos.
seekingalpha.com
The Virtus Stone Harbor Emerging Markets Income Fund offers a high 14.31% yield, attracting income-focused investors but raising concerns about the sustainability of its distribution. The fund's recent performance has been disappointing due to market conditions, but its high yield and leverage strategy provide potential for income. The fund's majority holdings are denominated in U.S. dollars, which is good given the likely strength of the U.S. dollar over the next few years.
businesswire.com
SAN DIEGO & CALGARY, Alberta--(BUSINESS WIRE)--EDF Renewables North America and Enbridge Inc, a leading North American energy infrastructure company (TSX: ENB) (NYSE: ENB), today announced that the Amazon Solar Farm Ohio - Fox Squirrel Solar project achieved full operational status in December 2024, with all three phases now actively delivering electricity to the PJM grid. Fox Squirrel Solar, a ground-mounted solar facility with total capacity of 577 MWac/749 MWdc, is one of the largest utility.
proactiveinvestors.co.uk
British Gas owner Centrica PLC (LSE:CNA) said its electricity generation volumes will be increased by around nine terawatt hours between 2026 and 2030 after extensions were agreed in the life of four EDF-run nuclear power stations. The advanced gas-cooled reactor (AGR) power stations, which EDF runs but Centrica has a 20% stake, have been given lifetime extensions following a review process to see if they could continue providing energy without compromising safety.
proactiveinvestors.co.uk
EDF and British energy partner Centrica PLC (LSE:CNA) have extended the lives of four nuclear power stations located in Heysham, Hartlepool and Torness. Heysham 1 and Hartlepool were granted a one-year extension and are now expected to generate electricity until March 2027.
businesswire.com
HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) today announced the following monthly distributions: Amount of Distribution Ex-Date/Record Date Payable Date $0.06 December 12, 2024 December 30, 2024 $0.06 January 13, 2025 January 30, 2025 $0.06 February 13, 2025 February 27, 2025 $0.06 March 13, 2025 March 28, 2025 The amounts of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actu.
seekingalpha.com
Investing in emerging market debt minimizes risk and diversifies portfolios, focusing on lower-risk countries and senior debt structures rather than high-yielding, volatile regions. EDF offers a high yield of nearly 15% with a stable distribution, making it an attractive buy as its premium to NAV has dropped. The strong US Dollar has impacted EDF's market price, but with global inflation receding and EM growth outpacing developed markets, EDF's appeal is set to rise.
proactiveinvestors.co.uk
Hinkley Point C developer EDF is reportedly seeking a further £4 billion to fund construction of the nuclear power plant as British Gas owner Centrica PLC (LSE:CNA) mulls an investment. French state-owned EDF is looking to raise the funds by selling stakes in the nuclear plant and in turn shares of the profit it makes from generating power, Bloomberg reported.
seekingalpha.com
The Virtus Stone Harbor Emerging Markets Income Fund offers a high yield of 13.64%, appealing to income-seeking investors despite its recent underperformance. The EDF closed-end fund's strategy includes investing in local currency bonds, providing potential capital gains from currency appreciation against the U.S. dollar. The fund employs leverage to boost returns, but has a higher leverage ratio than most peers, posing slightly higher risk.
prnewswire.com
The Company also Announced its Support for the Marine Energy Technologies Acceleration Act, federal legislation in the U.S. that would invest $1 billion to advance marine energy toward full scale commercialization. STOCKHOLM , Aug. 29, 2024 /PRNewswire/ -- Eco Wave Power Global AB (publ) ("Eco Wave Power" or the "Company") (Nasdaq: WAVE), a leading, publicly traded onshore wave energy technology company that has developed a patented, smart, and cost-efficient technology for turning ocean and sea waves into green electricity, is pleased to report its financial results as of and for the six months ended June 30, 2024 and provide a corporate update.
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