Virtus Stone Harbor Emerging Markets Income Fund Common Shares of Beneficial Interest (EDF)

FairStock Score: 45/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

At the 2026-10-13 close, this closed-end fund traded at $4.66 with a $165 million market cap and a 15.45% dividend yield. It invests in emerging-market sovereign and corporate debt, structured notes, convertible securities, and loans, so its fate depends on credit, currency, and interest-rate cycles. The FairStock P/E is 4.12, and the FairStock Graham Number is $11.36, producing a margin of safety of 58.98% on those calculations. On the surface, that is the kind of discount Graham liked. But I must ask what the discount is discounting. The Piotroski F-Score is 0/9, the Altman Z-Score is 2.19, and the FairStock score is 45/100. No P/B, ROE, ROCE, D/E, revenue growth, or profit growth is given, and the Lynch category is none because there are only 0 years of filed results and three are needed. That is not enough to judge business quality or growth. For a fund, the key missing number is net asset value; without it, I cannot tell whether $4.66 is a bargain or a warning. The high yield could be attractive, but it also demands scrutiny of distribution sustainability. A durable moat is not evident in an asset-management vehicle; performance depends on manager skill and credit selection. The price sits near the 52-week low of $4.55, so sentiment is poor. I would treat the low P/E and Graham Number as screens, not proof. Margin of safety requires reliable asset values and sustainable cash flows, neither of which is established here.

In plain English: This fund owns government and company debt from emerging markets. The limited financial data show weak standard checks, and it has not filed enough years of results to classify. Based on the few valuation figures given, it looks inexpensive, but the lack of data makes that hard to trust.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer