Virtus Stone Harbor Emerging Markets Income Fund Announces Advisor Update to Investing.com
HARTFORD, Conn.–( BUSINESS WIRE )–Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF (EPA:) ), managed by Stone Harbor Investment Partners, announced today that as a result of the company’s corporate entity transition Virtus Investment Advisers, LLC (VIA) replaced Virtus Alternative Investment Advisers, Inc. (VAIA) as the Fund’s advisor. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the Investment Advisory, Subadvisory and Expense Limitation Agreements for the Foundation were transferred to and assumed by VIA.
Both VIA and VAIA are indirect wholly owned subsidiaries of Virtus Investment Partners (NYSE:), Inc. No changes have been made to the investment advisory fee rates paid by the Fund, the Fund’s sub-adviser or the portfolio managers managing the Fund.
About the Fund
Virtus Stone Harbor Emerging Markets Income Fund is a non-diversified closed-end investment company managed by Stone Harbor Investment Partners. The Fund’s primary investment objective is to maximize total return, which consists of income and capital appreciation from its investments in emerging market securities. There is no guarantee that the Fund will achieve its investment objective.
For more information about the Fund, please contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com or through the Closed-End Funds section of virtus.com.
About Stone Harbor
Stone Harbor Investment Partners, a division of Virtus Fixed Income Advisers, LLC, is a global institutional fixed income investment manager specializing in credit and asset allocation strategies. The firm manages institutional client assets across a range of investment strategies including emerging market debt, global high yield, bank loans, as well as multi-sector credit products including unlimited and total return approaches. The firm’s investment strategies are based on fundamental insights, derived from a combination of in-house research and the in-depth knowledge and specialized experience of the firm’s team. Founded in 2006, it is headquartered in New York with additional offices in London and Singapore. Virtus Fixed Income Advisers, LLC is a registered investment advisor affiliated with Virtus Investment Partners. For more information, visit shipemd.com.
About Virtus Investment Partners, Inc.
Virtus Investment Partners (NYSE: VRTS ) is a distinctive partnership of boutique investment managers dedicated exclusively to the long-term success of individual and institutional investors. We provide investment management products and services from our affiliated managers, each of whom has a distinct investment style and autonomous investment process, as well as select sub-advisers. Investment solutions are available in multiple disciplines and product types to meet a wide range of investor needs. Additional information about our company, investment partners and strategies is available at virtus.com.
See the original version on businesswire.com: https://www.businesswire.com/news/home/20250102348581/en/
For additional information:
Services to shareholders
(866) 270-7788
closedendfunds@virtus.com
Source: Virtus Stone Harbor Emerging Markets Income Fund