Stone Harbor Emerg. Mkts Income Fund:EDF

    Manage Alerts

    Overview

    As of 7/26/2021

     Share
    Price
    NAVPremium/
    Discount
    Current$8.29$7.0118.26%
    52 Wk Avg$7.88$7.0212.05%
    52 Wk High$9.00$7.3930.09%
    52 Wk Low$6.21$6.50-5.27%
    Regular Distribution TypeIncome Only
    Distribution Rate10.13%
    Distribution Amount$0.0700
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund normally will invest at least 80% of its net assets (plus any borrowings for investment purposes) in Emerging Markets Securities. Emerging Markets Securities include fixed income securities and other instruments (including derivatives) that are economically tied to emerging market countries, that are denominated in the predominant currency of the local market of an emerging market country or whose performance is linked to those countries markets, currencies, economies or ability to repay loans. A security or instrument is economically tied to an emerging market country if it is principally traded on the countrys securities markets or if the issuer is organized or principally operates in the country, derives a majority of its income from its operations within the country or has a majority of its assets within the country. The Fund may use derivatives to a significant extent for hedging, investment or leverage purposes. Although Emerging Markets Securities may include any derivative or other instrument that provides the Fund exposure to emerging markets, the Fund currently expects that its derivatives transactions or instruments will consist primarily of the following instruments and transactions: credit linked notes, foreign currency forward contracts, credit default swaps, interest rate swaps, total return swaps on individual securities and groups or indices of securities, and interest rate futures contracts and options. The Fund may use these instruments for hedging purposes, for leverage or otherwise to gain, or reduce, long or short exposure to emerging securities markets (for example, credit linked notes may be used to gain exposure to certain emerging markets fixed income securities). Emerging Markets Securities may be denominated in non-U.S. currencies or the U.S. dollar. The Fund may use derivatives to a significant extent.

    Capital Structure

    As of 7/26/2021

    Total Investment Exposure:$162.830M
    Total Common Assets:$116.772M
    Common Shares Outstanding:16,657,955
    Leverage

    As of 7/26/2021

    Preferred Share Assets:
    Total Debt (USD): $46.057M
    Regulatory Leverage (USD):
    Effective Leverage (USD): $46.057M
    Effective Leverage (%): 28.29%
    Annual Expense Ratios

    As of 11/30/2020

      Per Common Share
    Management Fees1.37%
    Other Expenses:0.62%
    Baseline Expense: N/A
    Interest Expense:0.57%
    Total: 2.56%
    Fund Management

    Fund Sponsor
    Stone Harbor Investment Partners LP

    Portfolio Managers
    David Oliver, Pablo Cisilino, David Griffiths, Peter Wilby, David Bennett Scott, James Craige

    Basics
    Category: Fixed Income - Taxable-Emerging Market Income
    Ticker: EDF
    NAV Ticker: XEDFX
    Average Daily Volume (shares): 104,593
    Average Daily Volume (USD): $0.816M
    Inception Date: 12/23/2010
    Inception Share Price: $25.00
    Inception NAV: $23.83
    Tender Offer: No
    Term: No
    Fiscal Year End: November 30
    Third Party Links & Reports

    Distributions

    As of 7/26/2021

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions
    Avg. Earnings Per Share:
    As of 11/30/2020
    $0.3863
    Annualized Distribution Rate on NAV:
    As of 7/26/2021
    11.98%
    Total Return on NAV (12 months):
    As of 7/26/2021
    21.51%
    Avg. Portfolio Coupon:
    As of 7/26/2021
    6.66%
    Total % Portfolio Effectively Leveraged:
    As of 7/26/2021
    28.29%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/26/2021

    PeriodAvg Discount
    6 Month20.92%
    1 Year12.05%
    3 Year23.02%
    5 Year16.98%
    Z-Score

    As of 7/26/2021

    PeriodZStat
    3 Month-0.03
    6 Month-0.56
    1 Year0.60
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2021
    Category: Morningstar US CEF Emerging Market Income

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD11.84%2.33%7.50%0.80%
    2020-30.69%-2.21%-4.97%2.36%
    201946.37%12.12%25.68%11.78%
    2018-17.51%-18.09%-14.24%-11.32%
    201725.11%20.12%18.72%15.27%
    201642.76%22.59%27.23%13.73%
    2015-9.80%-8.07%-7.81%-7.55%
    2014-4.97%-2.97%-4.03%-2.33%
    2013-18.19%-11.89%-14.48%-9.06%
    201230.17%23.20%23.58%19.76%
    2011-9.11%-0.94%1.89%2.24%
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2021
    Category: Morningstar US CEF Emerging Market Income

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Average Coupon:
    As of 7/26/2021
    6.66%
    Number of Holdings:
    As of 3/31/2021
    88
    Annual Portfolio Turnover:
    As of 11/30/2020
    127.00%
    Asset Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Top Sectors

    As of 3/31/2021 reported by Fund Sponsor

    Sector%Portfolio
    Government (Super Sector)93.75%
    Government80.84%
    Corporate (Super Sector)34.94%
    Corporate Bond32.43%
    Government Related12.92%
    Convertible1.60%
    Bank Loan0.91%
    Derivative (Super Sector)-8.59%
    Swap-8.59%
    Cash Equivalents-20.11%
    Top Holdings

    As of 3/31/2021 reported by Fund Sponsor

    HoldingValue% Portfolio
    Argentina (Republic of) 0.13%$11.80M10.56%
    Ecuador (Republic Of) 0.5%$8.20M7.34%
    Indonesia (Republic of) 8.38%$7.37M6.60%
    Avenir II B.V. 7.76%$6.92M6.20%
    Egypt (Arab Republic of) 0%$6.06M5.43%
    Egypt (Arab Republic of) 8.5%$5.23M4.68%
    Neon Capital Limited 2.78%$5.04M4.51%
    Republic of Nigeria$4.43M3.96%
    Petroleos Mexicanos 7.69%$4.30M3.85%
    Republic Of Argentina Cds Usd 5y$-5.05M-4.52%
    Maturity Breakdown

    As of 3/31/2021 reported by Fund Sponsor

    Country Allocation

    As of 3/31/2021 reported by Fund Sponsor

    Country% Portfolio
    Others - Fixed Income49.72%
    Mexico - Fixed Income10.88%
    Argentina - Fixed Income10.56%
    Indonesia - Fixed Income8.80%
    Netherlands - Fixed Income6.20%
    Brazil - Fixed Income4.59%
    Russia - Fixed Income3.37%
    Pakistan - Fixed Income2.01%
    Colombia - Fixed Income1.98%
    Canada - Fixed Income1.84%
    South Africa - Fixed Income1.78%
    India - Fixed Income1.08%
    China - Fixed Income0.53%
    Venezuela - Fixed Income0.50%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    Distribution type sourced from Morningstar. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

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