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
Show less
Read more
Impact Snapshot
Event Time:
EDF
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EDF alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EDF alerts
High impacting Virtus Stone Harbor Emerging Markets Income Fund Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
EDF
Sec Filings
- 8/30/24 - Form N-PX
- 8/23/24 - Form N-8F
- 8/8/24 - Form N-CSRS
- EDF's page on the SEC website