Stone Harbor Investment Partners LP Closed End Fund Conference Call, September 16, 2015, Replay Available
Stone Harbor Investment Partners LP ("Stone Harbor") announced today that a replay of the conference call held on September 16, 2015 that discussed the Stone Harbor Emerging Markets Income Fund (NYSE: EDF) and Stone Harbor Emerging Markets Total Income Fund (NYSE: EDI) is now available. Both funds are traded on the New York Stock Exchange and are managed by Stone Harbor. The call was led by a member of the portfolio management team, and covered the Funds' strategies, the current state of the market, and the portfolio management team's investment outlook. The replay is open to the public and will be available until October 23, 2015.
Peter J. Wilby, CFA
James E. Craige, CFA
Angus Halkett, CFA
David A. Oliver, CFA
Peter J. Wilby, Pablo Cisilino, James E. Craige, David A. Oliver and William Perry are registered representatives of ALPS Distributors, Inc.
Stone Harbor is a global fixed income investment management firm focused on credit risk strategies and asset allocation.
Stone Harbor is proud to be awarded Institutional Investor magazine's 2015 US Investment Management Award for Global Fixed Income. The Awards are given to managers "who stood out in the eyes of the investor community for their exceptional performance, risk management and service". Institutional Investor analyzed the data in the asset classes, reviewing 2014 returns, 1-, 3-, and 5-year annualized returns, Sharpe ratio, information ratio, standard deviation and upside market capture. From that analysis, Institutional Investor culled a list of the top 10 to 20 U.S. money managers in each category for a questionnaire that was distributed to more than 1000 institutional investors, including, among others, defined-benefit pension funds and endowments / foundations (some of which may have included current or former clients of Stone Harbor), who were asked to choose the top 3 managers in each category from the pre-selected list or to ‘write-in' nominations. Manager winners were selected by the editors of the magazine based on the results of the survey after a 4-week polling period and were announced in April 2015. The award may not be representative of any one client's experience and is not indicative of Stone Harbor's future performance.
IMPORTANT LEGAL DISCLOSURES
This material is solely for informational purposes. Neither material nor any information provided during the conference call shall constitute an offer to sell or the solicitation to buy any security or investment advisory services. Nothing contained herein constitutes investment, legal, tax or other advice nor is it to be relied on in making an investment or other decisions. Information contained herein is only current as of the date indicated and may be superseded by subsequent market events or for other reasons. Statements concerning financial market trends are based on current market conditions, which will fluctuate. Investing entails risks, including the loss of principal.
There is no assurance that Stone Harbor Emerging Markets Income Fund or Stone Harbor Emerging Markets Total Income Fund (each a "Fund" and together the "Funds") will achieve its investment objective. An investor should consider, among other things, the Fund's investment objective, risks, charges and expenses carefully before investing. For more complete information about the Fund, visit www.shiplpcef.com or call your financial professional or 1-877-206-0791. Read the Prospectus carefully before you invest or send money.
Each Fund is a non-diversified, closed-end management investment company that is managed by Stone Harbor.
Stone Harbor Emerging Markets Income Fund's primary investment objective is to maximize total return, which consists of income and capital appreciation. There is no assurance that the Fund will achieve its investment objective. The Fund normally will invest at least 80% of its net assets (plus borrowings for investment purposes) in emerging markets securities ("the 80% policy"), which include fixed income securities and other instruments (including derivatives) that are economically tied to emerging market countries, that are denominated in the predominant currency of the local market of an emerging market country or whose performance is linked to those countries' markets, currencies, economies or ability to repay loans. A security or instrument is economically tied to an emerging market country if it is principally traded on the country's securities markets or if the issuer is organized or principally operates in the country, derives a majority of its income from its operations within the country or has a majority of its assets within the country.
Stone Harbor Emerging Markets Total Income Fund's primary investment objective is to maximize total return, which consists of income and capital appreciation from investments in emerging markets securities. There is no assurance that the Fund will achieve its investment objective. The Fund normally will invest at least 80% of its net assets (plus borrowings for investment purposes) in Emerging Markets Debt. "Emerging Markets Debt" includes fixed income securities and other instruments (including derivatives) that are economically tied to emerging market countries, that are denominated in the predominant currency of the local market of an emerging market country or whose performance is linked or otherwise related to those countries' markets, currencies, economies or ability to repay loans. The Fund normally expects to invest up to 20% of its total assets in Emerging Markets Equity. "Emerging Markets Equity" includes securities issued by either single country or regional exchange-traded funds, common stocks, preferred stocks, other equity securities and other instruments (including derivatives) that are economically tied to the equity markets of emerging market countries, that are denominated in the predominant currency of the local market of an emerging market country or whose performance is linked or otherwise related to those countries' markets, currencies, or economies. Stone Harbor does not have an established performance record investing in equity securities.
Investing in a Fund involves risks, including the risk that you may receive little or no return on your investment and that you may lose part or even all of your investment.
The Funds are closed-end funds and closed-end funds do not continuously issue shares for sale as open-end mutual funds do. Stone Harbor Emerging Markets Income Fund and Stone Harbor Emerging Markets Total Income Fund trade on the New York Stock Exchange under the symbol EDF and EDI, respectively. Investors wishing to buy or sell shares need to place orders through an intermediary or broker.
The Fund should be considered as only one element of a complete investment program. An investment in the Fund should be considered speculative. Closed-end funds frequently trade at a discount to their net asset values.
Emerging markets securities are subject to greater risks arising from political or economic instability, nationalization or confiscatory taxation, currency exchange restrictions and an issuer's unwillingness or inability to make principal or interest payments on its obligations. The Fund is "non-diversified," which means that it can invest a higher percentage of its assets in any one issuer or in a smaller number of issuers than a diversified fund. Being non-diversified may magnify the Fund's losses from adverse events affecting a particular issuer.
For more complete information, please call 1-877.206.0791, option 1 (toll-free) or visit the Funds' website - www.shiplpcef.com.
Member firm ALPS Distributors, Inc.
Stone Harbor Investment Partners LP
John Dispigno, 1-877-206-0791