NYSE:EDF

Stock Analysis Report

Stone Harbor Emerging Markets Income Fund

Executive Summary

Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP.


Snowflake Analysis

Share Price & News

How has Stone Harbor Emerging Markets Income Fund's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EDF has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.4%

EDF

-1.5%

US Capital Markets

-1.1%

US Market


1 Year Return

-1.7%

EDF

15.4%

US Capital Markets

17.8%

US Market

Return vs Industry: EDF underperformed the US Capital Markets industry which returned 15.4% over the past year.

Return vs Market: EDF underperformed the US Market which returned 17.8% over the past year.


Shareholder returns

EDFIndustryMarket
7 Day-0.4%-1.5%-1.1%
30 Day1.4%1.0%1.5%
90 Day0.5%3.9%6.6%
1 Year15.1%-1.7%17.6%15.4%20.2%17.8%
3 Year32.0%-15.8%37.5%29.8%47.5%38.1%
5 Year81.0%-15.2%78.9%62.4%71.2%52.4%

Price Volatility Vs. Market

How volatile is Stone Harbor Emerging Markets Income Fund's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Stone Harbor Emerging Markets Income Fund undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Stone Harbor Emerging Markets Income Fund is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Stone Harbor Emerging Markets Income Fund has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.

Future Growth

How is Stone Harbor Emerging Markets Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.7%

Forecasted Diversified Financials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Stone Harbor Emerging Markets Income Fund has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

Past Performance

How has Stone Harbor Emerging Markets Income Fund performed over the past 5 years?

17.3%

Historical Diversified Financials annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Stone Harbor Emerging Markets Income Fund has not provided sufficient past data to assess its track record.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have historical data.

Financial Health

How is Stone Harbor Emerging Markets Income Fund's financial position? (This company is analysed differently as a bank or financial institution)


In this section we usually analyse Stone Harbor Emerging Markets Income Fund's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Stone Harbor Emerging Markets Income Fund has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.

Dividend

What is Stone Harbor Emerging Markets Income Fund's current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

Purchase Stone Harbor Emerging Markets Income Fund before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate EDF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate EDF's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if EDF's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if EDF's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of EDF's dividend in 3 years as they are not forecast to pay a notable one for the US market.

Management

How experienced are the management team and are they aligned to shareholders interests?

10.1yrs

Average board tenure


CEO

Stone Harbor Emerging Markets Income Fund has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Thomas Flanagan
Chairman and Executive Vice President0yrsno data0.073% $0
Heath McLendon
10.1yrsUS$10.00k0.024% $0
Glenn Marchak
Director Nominee0yrsno datano data
Alan Brott
10.1yrsUS$10.00k0.011% $0
Patrick Sheehan
10.1yrsUS$10.00k0.017% $0

10.1yrs

Average Tenure

72yo

Average Age

Experienced Board: EDF's board of directors are seasoned and experienced ( 10.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Stone Harbor Emerging Markets Income Fund's company bio, employee growth, exchange listings and data sources


Key Information


Location

  • Stone Harbor Emerging Markets Income Fund
  • 31 West 52nd Street
  • 16th Floor
  • New York
  • New York
  • 10019
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EDFNYSE (New York Stock Exchange)YesCOMUSUSDDec 2010

Biography

Stone Harbor Emerging Markets Income Fund is a closed-ended fixed income mutual fund launched and managed by Stone Harbor Investment Partners LP. The fund invests in the fixed income markets of emerging market countries across the globe. It primarily invests in sovereign debt obligations, corporate debt securities, structured notes, convertible securities, securities issued by supranational organizations, floating rate commercial loans, and securitized loan participations. The fund focuses on factors such as liquidity, volatility, tax implications, interest rate sensitivity, counterparty risks, economic factors, currency exchange rates, and technical market considerations to create its portfolio. It benchmarks the performance of its portfolios against the JP Morgan EMBI Global Diversified TR Index, the JPMorgan CEMBI Broad Diversified Index, and the JPMorgan GBI-EM Global Diversified Composite TR Index. Stone Harbor Emerging Markets Income Fund was formed on December 22, 2010 and is domiciled in the United States. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 00:33
End of Day Share Price2020/02/21 00:00
EarningsN/A
Annual EarningsN/A


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.