Updates from Virtus Stone Harbor on Adviser Transition

Adviser Transition for Virtus Stone Harbor Fund

The Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF), managed by Stone Harbor Investment Partners, has announced a significant transition in its advisory services. As part of a recent reassignment, Virtus Investment Advisers, LLC (VIA) will now take over from Virtus Alternative Investment Advisers, Inc. (VAIA) as the adviser for the Fund. This change, effective January 1, 2025, marks a strategic move to streamline operations. All of VAIA's rights and responsibilities under the investment advisory agreements are being transferred to VIA.

Implications for Investors

Following this transition, both VIA and VAIA remain wholly owned subsidiaries of Virtus Investment Partners, Inc., ensuring continuity and stability. Importantly, there will be no alterations to the investment advisory fee rates tied to the Fund and the various parties involved, including the portfolio managers. This decision aims to maintain the integrity of the investment process while providing clarity to investors.

Investment Goals of the Fund

The Virtus Stone Harbor Emerging Markets Income Fund is categorized as a non-diversified, closed-end management investment company. Its primary goal is to maximize total returns through a combination of income and capital appreciation derived from investments in emerging markets securities. Although the Fund strives to meet its objectives, investors must remember that there are no guarantees, and performance can vary based on market conditions.

About Stone Harbor Investment Partners

Stone Harbor Investment Partners, part of the Virtus Fixed Income Advisers, LLC structure, is renowned for its expertise in institutional fixed-income investment management. Specializing in credit and asset allocation strategies, the firm manages a diverse range of portfolios, including emerging markets debt and global high yield strategies. Founded in 2006, Stone Harbor is headquartered in New York City, with additional offices in London and Singapore, demonstrating its global reach and commitment to client service.

Contact Information

For further inquiries about the Fund, shareholders can reach out to services at (866) 270-7788 or through the dedicated shareholder email channels provided by the company. Exploring the comprehensive array of Closed-End Funds is also encouraged via Virtus's online platforms.

Overview of Virtus Investment Partners

Virtus Investment Partners (NYSE: VRTS) distinguishes itself as a collaborative partnership consisting of multiple boutique investment managers. The firm focuses on long-term success, providing clients with tailored investment management solutions across a spectrum of financial products and strategies. By leveraging partnerships with affiliated managers, Virtus creates a multi-faceted approach to cater to diverse investor needs.

Frequently Asked Questions

What changes are happening with the Virtus Stone Harbor Fund?

Virtus Investment Advisers, LLC will replace Virtus Alternative Investment Advisers, Inc. as the adviser, effective January 1, 2025.

Will the Fund's fee structure change?

No, the investment advisory fee rates will remain unchanged despite the adviser transition.

What is the primary goal of the Virtus Stone Harbor Fund?

The Fund aims to maximize total returns through income and capital appreciation from investments in emerging markets.

What services does Stone Harbor Investment Partners offer?

Stone Harbor focuses on fixed-income management, specializing in credit strategies and asset allocation, servicing institutional clients worldwide.

Where can I find more information about Virtus Investment Partners?

Details about the firm and its offerings are available on their official website and through their shareholder service lines.

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