Virtus Stone Harbor Emerging Markets Income Fund
EDFFinancial Services · Stock · monthly payer
Forward Yield
14.04%
Annual Dividend
$0.72
Payout Ratio
82%
5-Yr Growth
-5.6%
Ex-Date
Aug 13, 2026
Frequency
Monthly
Summary
As of July 2026, Virtus Stone Harbor Emerging Markets Income Fund (EDF) yields 14.04% ($0.72 per share annually), with a blended fair-value estimate of $7.19 — +40% upside, so it screens as undervalued. Dividend safety grade: C (61/100).
Is EDF a good dividend stock?
Yes, with caveatsVirtus Stone Harbor Emerging Markets Income Fund (EDF) pays a monthly dividend yielding 14.04% ($0.72/yr), with 0 years of growth and a dividend-safety grade of C. It's a solid income payer, but check the caveats below before buying.
Advantages
Risks
- Cut its dividend in 2022
- Dividend has been shrinking, not growing
- Very high yield can signal elevated risk
- Share price is down over the past 5 years
Key Data
- Dividend Yield
- 14.04%
- Payout Ratio
- 82%
- Annual Dividend
- $0.72
- 5-Yr Avg Growth
- -5.6%
- Ex-Dividend Date
- Aug 13, 2026
- Years of Growth
- 0
- Frequency
- monthly
- Beta
- —
- Market Cap
- $164.7M
- P/E Ratio
- 5.8
- 5-Yr Total Return
- -38%
- 52-Week Range
- $4.72 – $5.67
- Dividend Safety
- C · 61/100
- Ever Cut?
- Yes (2022)
Frequently Asked Questions
EDF Price — Last 12 Months
Daily close
Price Return
1 Year
-1%
3 Years
+10%
5 Years
-38%
52-Week Range
$4.72 – $5.67
Price change over each period (excludes dividends). Past performance doesn't guarantee future results.
What is EDF worth?
Undervaluedhigh confidenceOur blended fair-value estimate for Virtus Stone Harbor Emerging Markets Income Fund is $7.19 per share, versus a market price of $5.13. That implies 40% of upside — a margin of safety of about 29%.
Fair Value
$7.19
Current Price
$5.13
Upside
+40%
Margin of Safety
29%
How we get there
Discounted cash flow
Discounts projected free cash flow back to today.
Dividend discount
Discounts the future dividend stream back to today.
Earnings multiple (Graham)
Graham's earnings-multiple formula, anchored to bond yields.
At today's price, the market is pricing in about -10.0% annual free-cash-flow growth. We model -5.0% — below our estimate, leaving room for upside if the business executes.
Assumptions: 9.3% discount rate (CAPM), -5.0% stage-1 growth, 2.5% terminal growth, $0.88 EPS, $0.72 annual dividend. Updated weekly.
Fair-value estimates are model output for educational purposes only — not investment advice or a price target.
EDF Dividend Safety Score
Borderline
SmarterDividends' proprietary score, backtested against which dividends were actually cut over 15+ years (0.78 AUC). It blends a validated cut-risk model (growth streak, cut history) with current payout, cash-flow and debt. Higher is safer · not investment advice.
Dividend Growth
Total dividends per share by year
Dividend History
| Ex-Date | Pay Date | Amount | Type |
|---|---|---|---|
| Jul 13, 2026 | — | $0.0600 | regular |
| Jun 15, 2026 | — | $0.0600 | regular |
| May 11, 2026 | — | $0.0600 | regular |
| Apr 13, 2026 | — | $0.0600 | regular |
| Mar 16, 2026 | — | $0.0600 | regular |
| Feb 12, 2026 | — | $0.0600 | regular |
| Jan 12, 2026 | — | $0.0600 | regular |
| Dec 11, 2025 | — | $0.0600 | regular |
| Nov 13, 2025 | — | $0.0600 | regular |
| Oct 14, 2025 | — | $0.0600 | regular |
| Sep 12, 2025 | — | $0.0600 | regular |
| Aug 11, 2025 | — | $0.0600 | regular |
| Jul 11, 2025 | — | $0.0600 | regular |
| Jun 12, 2025 | — | $0.0600 | regular |
Income Calculator
At $0.72 / yr per share
