Virtus Stone Harbor Emerg Mkts Dbt Inc I (SHMDX)
| Fund Assets | 281.70M |
| Expense Ratio | 0.75% |
| Min. Investment | $1,000,000 |
| Turnover | 143.00% |
| Dividend (ttm) | 0.49 |
| Dividend Yield | 6.21% |
| Dividend Growth | -23.54% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 21, 2025 |
| Previous Close | 7.82 |
| YTD Return | 9.94% |
| 1-Year Return | 9.45% |
| 5-Year Return | 12.08% |
| 52-Week Low | 7.07 |
| 52-Week High | 7.85 |
| Beta (5Y) | 0.51 |
| Holdings | 316 |
| Inception Date | Aug 16, 2007 |
About SHMDX
Virtus Stone Harbor Emerging Markets Debt Income Fund I Class is a mutual fund that primarily targets total return through both income and capital appreciation. The fund's strategy centers on investing in a diverse portfolio of emerging markets debt instruments, focusing at least 80% of its net assets on bonds issued by sovereign and corporate entities within developing countries. A notable feature of the fund is its allocation to sovereign hard currency debt, comprising the majority of the portfolio, with additional exposures to corporate hard currency and sovereign local currency bonds. The fund is managed by an experienced team specializing in emerging markets with a robust, research-driven approach to country, sector, and security selection. Regional allocations are diversified, with significant positions in Latin America, Africa, Europe, the Middle East, and Asia. This diversification aims to balance risk while seeking attractive yields—demonstrated by a strong trailing yield and consistent performance rankings within its category. In the broader financial market, the fund serves institutional and high net worth investors seeking exposure to the evolving credit landscapes and growth prospects of emerging economies, offering both income potential and geographic diversification relative to traditional fixed-income assets.
Performance
SHMDX had a total return of 9.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.82%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| VSHCX | Class A | 1.03% |
Top 10 Holdings
23.56% of assets| Name | Symbol | Weight |
|---|---|---|
| Virtus Stone Harbor Local Markets I | SHLMX | 4.70% |
| Usd/Eur Fwd 20251010 2467 | n/a | 3.30% |
| Dreyfus Government Cash Management Fund | DGCXX | 3.01% |
| Us Dollar | n/a | 2.54% |
| Colombia (Republic Of) 7.375% | COLOM.7.375 04.25.30 | 1.88% |
| Poland (Republic of) 5.125% | POLAND.5.125 09.18.34 10Y | 1.77% |
| Poinsettia Finance Ltd. 6.625% | PNSTTA.6.625 06.17.31 REGS | 1.75% |
| Ecuador (Republic Of) 6.9% | ECUA.6.9 07.31.30 REGS | 1.60% |
| Argentina (Republic Of) 3.5% | ARGENT.3.5 07.09.41 | 1.57% |
| Eagle Funding Luxco S.a.r.l. 5.5% | MEX.5.5 08.17.30 144A | 1.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 21, 2025 | $0.03503 | Aug 21, 2025 |
| Jul 17, 2025 | $0.04654 | Jul 17, 2025 |
| Jun 18, 2025 | $0.03188 | Jun 18, 2025 |
| May 22, 2025 | $0.0315 | May 22, 2025 |
| Apr 17, 2025 | $0.04087 | Apr 17, 2025 |
| Mar 20, 2025 | $0.04056 | Mar 20, 2025 |