Virtus Stone Harbor Emerging Markets Income Fund Announces Adviser Update
Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) announced a legal entity transition where Virtus Investment Advisers, (VIA) will replace Virtus Alternative Investment Advisers, Inc. (VAIA) as the Fund's adviser, effective January 1, 2025. The transition involves transferring VAIA's rights and obligations under the investment advisory, subadvisory, and expense limitation agreements to VIA. Both entities are wholly owned indirect subsidiaries of Virtus Investment Partners. The change maintains the same investment advisory fee rates, Fund's subadviser, and portfolio managers.
Il Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) ha annunciato una transizione della entit脿 legale in cui Virtus Investment Advisers (VIA) 蝉辞蝉迟颈迟耻颈谤脿 Virtus Alternative Investment Advisers, Inc. (VAIA) come consulente del Fondo, a partire dal 1 gennaio 2025. La transizione prevede il trasferimento dei diritti e degli obblighi di VAIA in virt霉 degli accordi di consulenza sugli investimenti, di subconsulenza e di limitazione delle spese a VIA. Entrambe le entit脿 sono interamente possedute come sussidiarie indirette di Virtus Investment Partners. Il cambiamento mantiene le stesse tariffe per la consulenza sugli investimenti, il subconsulente del Fondo e i gestori di portafoglio.
El Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) anunci贸 una transici贸n de entidad legal donde Virtus Investment Advisers (VIA) reemplazar谩 a Virtus Alternative Investment Advisers, Inc. (VAIA) como asesor del Fondo, efectivo el 1 de enero de 2025. La transici贸n implica la transferencia de los derechos y obligaciones de VAIA bajo los acuerdos de asesor铆a de inversi贸n, subasesor铆a y limitaci贸n de gastos a VIA. Ambas entidades son subsidiarias indirectas de propiedad totalmente controlada de Virtus Investment Partners. El cambio mantiene las mismas tarifas de asesor铆a de inversi贸n, el subasesor del Fondo y los gestores de cartera.
氩勳稊鞀� 鞀ろ啢 頃橂矂 鞚措ǜ歆� 毵堨紦 鞚胳淮 韼�霌�(NYSE: EDF)电� 氩勳稊鞀� 韴瀽 鞛愲(VIA)臧� 2025雲� 1鞗� 1鞚茧秬韯� 韼�霌滌潣 鞛愲靷靹� 氩勳稊鞀� 雽�觳� 韴瀽 鞛愲 須岇偓(VAIA)毳� 雽�觳错晿電� 氩曥澑 鞝勴櫂鞚� 氚滍憸頄堨姷雼堧嫟. 鞚� 鞝勴櫂鞚� VAIA鞚� 韴瀽 鞛愲, 頃橃渼 鞛愲 氚� 牍勳毄 鞝滍暅 瓿勳暯鞐� 霐半ジ 甓岆Μ鞕� 鞚橂毳� VIA搿� 鞚挫爠頃橂姅 瓴冹潉 韽暔頃╇媹雼�. 霊� 臧滌泊 氇憪 Virtus Investment Partners鞚� 鞕勳爠 靻岇湢 臧勳爲 鞛愴殞靷瀰雼堧嫟. 鞚� 氤�頇旊姅 霃欖澕頃� 韴瀽 鞛愲 靾橃垬耄岇湪, 韼�霌滌潣 頃橃渼 鞛愲 氚� 韽姼韽措Μ鞓� 甏�毽瀽毳� 鞙犾頃╇媹雼�.
Le Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) a annonc茅 une transition d'entit茅 l茅gale o霉 Virtus Investment Advisers (VIA) remplacera Virtus Alternative Investment Advisers, Inc. (VAIA) en tant que conseiller du Fonds, 脿 compter du 1er janvier 2025. Cette transition implique le transfert des droits et obligations de VAIA en vertu des accords de conseil en investissement, de sous-conseil et de limitation des d茅penses 脿 VIA. Les deux entit茅s sont enti猫rement d茅tenues comme des filiales indirectes de Virtus Investment Partners. Le changement maintient les m锚mes taux de frais de conseil en investissement, le sous-conseiller du Fonds et les g茅rants de portefeuille.
Der Virtus Stone Harbor Emerging Markets Income Fund (NYSE: EDF) gab einen Wechsel der rechtlichen Einheit bekannt, wobei Virtus Investment Advisers (VIA) Virtus Alternative Investment Advisers, Inc. (VAIA) als Berater des Fonds ersetzt, wirksam ab dem 1. Januar 2025. Der 脺bergang umfasst die 脺bertragung von VAIA's Rechten und Verpflichtungen im Rahmen der Vereinbarungen 眉ber Anlageberatung, Unterberatung und Kostenbegrenzung an VIA. Beide Einheiten sind vollst盲ndig im Besitz von Virtus Investment Partners als indirekte Tochtergesellschaften. Die 脛nderung h盲lt die gleichen Geb眉hren f眉r die Anlageberatung, den Unterberater des Fonds und die Portfoliomanager aufrecht.
- None.
- None.
Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. No changes have been made to the investment advisory fee rates payable by the Fund, the Fund鈥檚 subadviser, or the portfolio managers managing the Fund.
About the Fund
is a non-diversified, closed-end management investment company that is managed by . The Fund's primary investment objective is to maximize total return, which consists of income and capital appreciation on its investments in emerging markets securities. There is no assurance that the Fund will achieve its investment objective.
For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the section of .
About Stone Harbor
, a division of Virtus Fixed Income Advisers, LLC, is a global institutional fixed-income investment manager specializing in credit and asset allocation strategies. The firm manages institutional clients鈥� assets in a range of investment strategies including emerging markets debt, global high yield, bank loans, as well as multi-sector credit products including unconstrained and total return approaches. The firm鈥檚 investment strategies are based on fundamental insights, derived from a combination of proprietary research and the in-depth knowledge and specialized experience of the firm鈥檚 team. Founded in 2006, it is based in
About Virtus Investment Partners, Inc.
(NYSE: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. We provide investment management products and services from our , each with a distinct investment style and autonomous investment process, as well as select subadvisers. Investment solutions are available across multiple disciplines and product types to meet a wide array of investor needs. Additional information about our firm, investment partners, and strategies is available at .
View source version on businesswire.com:
For Further Information:
Shareholder Services
(866) 270-7788
closedendfunds@virtus.com
Source: Virtus Stone Harbor Emerging Markets Income Fund
FAQ
When will VIA replace VAIA as adviser for Virtus Stone Harbor Emerging Markets Income Fund (EDF)?
Will EDF's investment advisory fees change after the adviser transition?
Will EDF's portfolio managers change following the adviser transition?
What is the relationship between VIA and VAIA in the EDF adviser transition?
