company background image
EDF

Virtus Stone Harbor Emerging Markets Income Fund NYSE:EDF Stock Report

Last Price

US$5.84

Market Cap

US$112.5m

7D

-2.5%

1Y

-28.3%

Updated

28 Apr, 2022

Data

Company Financials
EDF fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

EDF Stock Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Virtus Stone Harbor Emerging Markets Income Fund
Historical stock prices
Current Share PriceUS$5.84
52 Week HighUS$8.74
52 Week LowUS$5.45
Beta0
1 Month Change-6.26%
3 Month Change-7.60%
1 Year Change-28.34%
3 Year Change-56.55%
5 Year Change-64.33%
Change since IPO-76.64%

Recent News & Updates

Mar 06

EDF: Moving From Sell To Hold After The Drawdown

EDF is down almost 20% on a price basis since our Sell rating article four months ago. The fund has experienced its second largest drawdown in the past decade. With a sub 5% Russia allocation the fund has not been steamrolled by the Ukraine crisis but its aggressive sub-investment grade portfolio has experienced a significant spread widening. In the middle of a historic emerging markets credit crisis we feel most of the downward move has been realized already.

Oct 21

EDF: 10.9% Yield From This EM Fund

With a 10.9% dividend yield, the fund is very appealing for income-oriented investors. The fund has a broad mandate being able to invest in both sovereign and corporate EM bonds in hard currency as well as local currency. The fund takes significant credit risk exposure with an overweight below investment grade portfolio and large Argentina concentration. EDF is highly cyclical with very deep corrections that can negate an entire decade of dividend distributions.

Jan 13

Stone Harbor Emerging Markets Income Fund declares $0.08 dividend

Stone Harbor Emerging Markets Income Fund (EDF) declares $0.08/share monthly dividend, in line with previous.Payable Jan. 28; for shareholders of record Jan. 15; ex-div Jan. 14.See EDF Dividend Scorecard, Yield Chart, & Dividend Growth.

Dec 16

Stone Harbor Emerging Markets Income Fund goes ex-dividend tomorrow

Stone Harbor Emerging Markets Income Fund (EDF) had declared $0.08/share monthly dividend, in line with previous.Payable Dec. 31; for shareholders of record Dec. 18; ex-div Dec. 17.See EDF Dividend Scorecard, Yield Chart, & Dividend Growth.

Shareholder Returns

EDFUS Capital MarketsUS Market
7D-2.5%-3.9%-2.5%
1Y-28.3%-7.6%-6.5%

Return vs Industry: EDF underperformed the US Capital Markets industry which returned -7.7% over the past year.

Return vs Market: EDF underperformed the US Market which returned -8.5% over the past year.

Price Volatility

Is EDF's price volatile compared to industry and market?
EDF volatility
EDF Average Weekly Movement4.1%
Capital Markets Industry Average Movement0.5%
Market Average Movement7.4%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market2.7%

Stable Share Price: EDF is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: EDF's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2010n/an/ahttps://www.shiplpcef.com/edf-objective.php?fund=edf

Virtus 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.

Virtus Stone Harbor Emerging Markets Income Fund Fundamentals Summary

How do Virtus Stone Harbor Emerging Markets Income Fund's earnings and revenue compare to its market cap?
EDF fundamental statistics
Market CapUS$112.52m
Earnings (TTM)US$0
Revenue (TTM)n/a

n/a

P/E Ratio

n/a

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EDF income statement (TTM)
RevenueUS$0
Cost of RevenueUS$0
Gross ProfitUS$0
Other ExpensesUS$0
EarningsUS$0

Last Reported Earnings

n/a

Next Earnings Date

n/a

Earnings per share (EPS)0
Gross Margin0.00%
Net Profit Margin0.00%
Debt/Equity Ratio0.0%

How did EDF perform over the long term?

See historical performance and comparison

Valuation

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

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry

In this section, we usually try to help investors determine whether Virtus 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 Virtus 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 Virtus Stone Harbor Emerging Markets Income Fund forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


7.2%

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

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


23.2%

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, Virtus 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 Virtus Stone Harbor Emerging Markets Income Fund's financial position?

Financial Health Score

0/6

Financial Health Score 0/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

In this section we usually analyse Virtus 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. Virtus 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 Virtus Stone Harbor Emerging Markets Income Fund current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Upcoming Dividend Payment

TodayApr 29 2022Ex Dividend DateMay 09 2022Dividend Pay DateMay 20 202211 days from Ex DividendBuy in the next 9 days to receive the upcoming dividend

Dividend Yield vs Market

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as EDF has not reported any payouts.

Management

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

12.3yrs

Average board tenure


CEO

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


Board Members

Experienced Board: EDF's board of directors are seasoned and experienced ( 12.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: EDF insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Virtus Stone Harbor Emerging Markets Income Fund
  • Ticker: EDF
  • Exchange: NYSE
  • Founded: 2010
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: US$112.517m
  • Shares outstanding: 16.84m
  • Website: https://www.shiplpcef.com/edf-objective.php?fund=edf

Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/04/28 00:00
End of Day Share Price2022/04/28 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.