EDF: Recent Market Performance Illustrates Dangers Of Premium Valuations [Seeking Alpha]
Virtus Stone Harbor Emerging Markets Income Fund Common Shares of Beneficial Interest (EDF)
US:NYSE Investor Relations:
shiplpcef.com
Company Research
Source: Seeking Alpha
Power Hedge Investing Group Leader Follow Summary 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. Trading at a 13.30% premium to net asset value, caution is advised due to potential share price volatility during market fluctuations. The fund fully covered its distribution during the most recent six-month period. Looking for a helping hand in the market? Members of Energy Profits in Dividends get exclusive ideas and guidance to navigate any climate. Learn More » Richard Drury The Virtus Stone Harbor Emerging Markets Income Fund NYSE: EDF ) is a closed-end fund, or CEF, tha
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EDF
Sec Filings
- 11/1/24 - Form 424B2
- 10/29/24 - Form EFFECT
- 10/28/24 - Form NPORT-P
- EDF's page on the SEC website