Virtus Stone Harbor Emerging Markets Income Fund

EDF is a closed-ended fixed income mutual fund that invests in debt securities across emerging market economies. Launched in December 2010 and managed by Stone Harbor Investment Partners LP, the fund targets sovereign bonds, corporate debt, structured notes, convertible securities, and floating rate loans issued by emerging market borrowers and supranational organizations. The fund's investment decisions incorporate analysis of liquidity conditions, currency exchange rates, interest rate sensitivity, counterparty credit risk, and broader macroeconomic factors across emerging markets.

The fund benchmarks its performance against three JPMorgan indices: the EMBI Global Diversified TR Index, the CEMBI Broad Diversified Index, and the GBI-EM Global Diversified Composite TR Index. Its revenue is derived from management fees charged to fund shareholders. Stone Harbor Investment Partners LP, the fund's investment adviser, is based in New York. As a closed-ended fund structure, EDF has a fixed pool of capital rather than continuously offering new shares to the public.