EDI: Unsupported 17% Yield From This EM CEF

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Binary Tree Analytics
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Summary

  • EDI is an emerging markets fixed income CEF.
  • The vehicle currently displays a 17% dividend yield.
  • The fund is up over 20% in the past month.
  • The CEF has an AUM which falls on the small side (sub $50 million).

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Thesis

Virtus Stone Harbor Emerging Markets Total Income (NYSE:EDI) is a EM CEF. The fund is on the small side with only $50 million in total assets, and historically has exposed a highly eroding NAV. The fund is up

yield

Yield (Seeking Alpha)

connect me

NAV Performance (CefConnect)

allocation

Allocation (Fund Fact Sheet)

facts

Geographic Parsing (Fund Fact Sheet)

facts

Countries (Fund Fact Sheet)

rating

Ratings Distribution (Fund Fact Sheet)

fund

Section 19a (Section 19a Fund)

This article was written by

Binary Tree Analytics profile picture
2.95K Followers
With a financial services cash and derivatives trading background, Binary Tree Analytics aims to provide transparency and analytics in respect to capital markets instruments and trades._____________________________http://www.BinaryTreeAnalytics.com

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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