DENVER, Nov. 21, 2019 /PRNewswire/ -- On November 21, 2019, the Stone Harbor Emerging Markets Total Income Fund (NYSE:EDI) (the "Fund"), a closed-end fund, will pay a monthly distribution on its common stock of $0.1511 per share to shareholders of record at the close of business on November 8, 2019. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Trustees, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular monthly cash distributions to its shareholders. This policy gives the Fund greater flexibility to realize capital gains and to distribute those gains to shareholders.
The following table sets forth the estimated amounts of the current distribution and the cumulative distributions paid this fiscal year-to-date from the sources indicated in the table. In addition, the table shows the percentages of the total distribution amount per share attributable to (i) net investment income, (ii) net realized short-term capital gain, (iii) net realized long-term capital gain and (iv) return of capital or other capital source. These percentages are disclosed for the current distribution as well as the fiscal year-to-date cumulative distribution amount per share for the Fund.
1The Fund's fiscal year is December 1 to November 30. Information shown is for the period beginning December 1, 2018.
Shareholders should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution policy.
Presented below are return figures, based on the change in the Fund's Net Asset Value per share ("NAV"), compared to the annualized distribution rate for this current distribution as a percentage of the NAV on the last day of the month prior to distribution declaration date.
Fund Performance & Distribution Information
^ Based on the Fund's NAV as of October 31, 2019 and the November 21, 2019 distribution.
*Based on the Fund's NAV as of October 31, 2019 and includes distributions through November 21, 2019.
** Cumulative Total Return is the percentage change in the Fund's NAV including distributions paid and assuming reinvestment of these distributions at NAV for the period December 1, 2018 through October 31, 2019.
***Average Annual Total Return represents the compound average of the Annual NAV Total Returns of the Fund for the five year period ending October 31, 2019. Annual NAV Total Return is the percentage change in the Fund's NAV over a year including distributions paid and assuming reinvestment of these distributions at NAV.
While the NAV performance may be indicative of the Fund's investment performance, it does not measure the value of a shareholder's investment in the Fund. The value of a shareholder's investment in the Fund is determined by the Fund's market price, which is based on the supply and demand for the Fund's shares in the open market.
SOURCE Stone Harbor Emerging Markets Total Income Fund
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