About VSHEX
Virtus Stone Harbor Local Markets Fund Class A is a mutual fund that primarily seeks to maximize total return by combining income generation and capital appreciation through investing in emerging markets local currency bonds. Managed by Stone Harbor Investment Partners, a specialist in emerging markets debt, the fund employs a strategy rooted in rigorous fundamental credit research and macroeconomic analysis to construct its portfolio. At least 80% of its net assets are allocated to investments tied economically to emerging market countries, including both fixed income securities and derivatives. Notable features include a focus on country, sector, security, and currency selection within local-currency emerging markets, as well as a proprietary risk analytics platform for ongoing portfolio monitoring. The fund is categorized as an emerging-markets local-currency bond fund, with substantial diversification across countries such as Brazil, South Africa, Poland, Malaysia, Mexico, and Indonesia. It plays a significant role by providing exposure to developing economies, offering diversification benefits and income opportunities for investors seeking to tap into the growth potential of global local debt markets.
Fund Family Virtus
Category Emerging-Markets Local-Currency Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol VSHEX
Share Class Class A
Index JP Morgan EMBI Global Diversified TR
VSHEX had a total return of 8.17% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.27%.
