Virtus Stone Harbor Local Markets Fund I Class (SHLMX)
| Fund Assets | 14.63M |
| Expense Ratio | 1.00% |
| Min. Investment | $1,000,000 |
| Turnover | 78.00% |
| Dividend (ttm) | 0.87 |
| Dividend Yield | 9.95% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 8.73 |
| YTD Return | 1.99% |
| 1-Year Return | 19.28% |
| 5-Year Return | 4.96% |
| 52-Week Low | 7.29 |
| 52-Week High | 9.30 |
| Beta (5Y) | 0.36 |
| Holdings | 98 |
| Inception Date | Jun 30, 2010 |
About SHLMX
Virtus Stone Harbor Local Markets Fund I is an institutional-class mutual fund focused on maximizing total return through a combination of income generation and capital appreciation. The fund primarily invests at least 80% of its net assets in fixed income securities and derivative instruments that are economically tied to emerging market countries. By targeting local-currency bonds and related assets, it seeks to capitalize on growth opportunities within developing economies while providing exposure to both credit and currency dynamics in these markets. The fund employs a rigorous investment process, combining fundamental credit research with macroeconomic analysis, and is managed by Stone Harbor Investment Partners—an experienced team specializing in emerging markets debt for over three decades. Its diversified portfolio encompasses a range of government, corporate, and derivative positions across multiple regions, reflecting a strategy that balances risk and return in often volatile but potentially rewarding environments. Established in 2010, Virtus Stone Harbor Local Markets Fund I plays a significant role for investors seeking diversification and direct participation in emerging market local-currency debt markets.
Performance
SHLMX had a total return of 19.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.72%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VSHEX | Class A | 1.25% |
Top 10 Holdings
36.60% of assets| Name | Symbol | Weight |
|---|---|---|
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.31 NTNF | 7.61% |
| Us Dollar | n/a | 3.99% |
| Malaysia (Government Of) 2.632% | MGS.2.632 04.15.31 0220 | 3.70% |
| Mexico (United Mexican States) 8.5% | MBONO.8.5 03.02.28 M | 3.24% |
| Malaysia (Government Of) 3.885% | MGS.3.885 08.15.29 0219 | 3.23% |
| Mexico (United Mexican States) 7.75% | MBONO.7.75 11.23.34 M | 3.21% |
| Mexico (United Mexican States) 7.75% | MBONO.7.75 11.13.42 M | 3.10% |
| Malaysia (Government Of) 4.893% | MGS.4.893 06.08.38 0418 | 2.93% |
| Inter-American Development Bank 7.35% | IADB.7.35 10.06.30 GMTN | 2.82% |
| Thailand (Kingdom Of) 2% | THAIGB.2 12.17.31 | 2.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $0.86839 | Dec 16, 2025 |
| Dec 20, 2019 | $0.010 | Dec 20, 2019 |
| Dec 21, 2018 | $0.110 | Dec 21, 2018 |
| Dec 18, 2018 | $0.050 | Dec 18, 2018 |
| Dec 22, 2017 | $0.094 | Dec 22, 2017 |
| Dec 19, 2014 | $0.110 | Dec 19, 2014 |