Private Harbour Investment Management Counsel Lowers stake in Stone Harbor Emerging Mkt Total Incom FD (EDI)

Stone Harbor Emerging Mkt Total Incom FD (EDI) : Private Harbour Investment Management Counsel reduced its stake in Stone Harbor Emerging Mkt Total Incom FD by 0.63% during the most recent quarter end. The investment management company now holds a total of 31,350 shares of Stone Harbor Emerging Mkt Total Incom FD which is valued at $445,797 after selling 200 shares in Stone Harbor Emerging Mkt Total Incom FD , the firm said in a disclosure report filed with the SEC on Aug 1, 2016.Stone Harbor Emerging Mkt Total Incom FD makes up approximately 0.36% of Private Harbour Investment Management Counsel’s portfolio.

Other Hedge Funds, Including , Shaker Financial Services added EDI to its portfolio by purchasing 28,298 company shares during the most recent quarter which is valued at $402,398. Stone Harbor Emerging Mkt Total Incom FD makes up approx 0.27% of Shaker Financial Services’s portfolio. Signaturefd sold out all of its stake in EDI during the most recent quarter. The investment firm sold 600 shares of EDI which is valued $8,490. Round Table Services sold out all of its stake in EDI during the most recent quarter. The investment firm sold 12,532 shares of EDI which is valued $173,819. Davenport Co added EDI to its portfolio by purchasing 10,300 company shares during the most recent quarter which is valued at $141,934.

Stone Harbor Emerging Mkt Total Incom FD opened for trading at $14.27 and hit $14.54 on the upside on Thursday, eventually ending the session at $14.44, with a gain of 1.55% or 0.22 points. The heightened volatility saw the trading volume jump to 1,42,395 shares. Company has a market cap of $139 M.

Stone Harbor Emerging Markets Total Income Fund is a non-diversified closed-end management investment company. The Fund focuses on credit risk strategies and asset allocation. The Fund’s investment objective is to maximize total return which consists of income and capital appreciation from investments in emerging markets securities. The Fund invests around 80% of its net assets (plus any borrowings made for investment purposes) in emerging markets debt. The Fund’s investment process focuses on allocating to three sectors of emerging markets (EM) debt including hard currency sovereigns local currency sovereigns and corporates. The Fund invests in various sectors such as sovereign local sovereign external corporate equity cash and equivalents and the United States Treasuries. The Fund invests in regions such as Latin America Europe Africa Asia and the Middle East. The Fund’s investment adviser is Stone Harbor Investment Partners LP.

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