Virtus Stone Harbor Emerging Markets Income Fund

Virtus Stone Harbor Emerging Markets Income Fund is a closed-end fixed income mutual fund managed by Stone Harbor Investment Partners, a division of Virtus Fixed Income Advisers. The fund's primary investment objective is to maximize total return, comprising both high current income and capital appreciation, through investments in emerging markets securities. It normally allocates at least 80% of its net assets, plus any borrowings for investment purposes, to these securities, including sovereign debt in hard and local currencies, corporate debt, structured notes, convertible securities, and loans from supranational organizations. The portfolio offers flexibility in asset allocation across regions such as Latin America, Africa, Europe, Asia, and the Middle East, with sector emphases on government and corporate fixed income instruments. This structure provides diversification potential relative to U.S. dollar-denominated assets, focusing on factors like liquidity, volatility, interest rate sensitivity, and currency risks. Virtus Stone Harbor Emerging Markets Income Fund, domiciled in the United States and headquartered in Greenfield, Massachusetts, plays a key role in the taxable emerging market income category of the fixed income market.