 The
Virtus Stone Harbor Emerging Markets High Income ETF is an
exchange-traded fund that seeks to provide investors with a source of
income by investing in high-yield debt securities issued by emerging
market issuers. The fund is managed by Virtus Investment Partners and
sub-advised by Stone Harbor Investment Partners, a global fixed-income
investment manager.
As of September 2021, the VEMY ETF had a
net asset value of approximately $24 million and held over 300
individual bonds. The fund's portfolio is focused on high-yield debt
securities issued by emerging market issuers, including corporate and
sovereign debt.
The VEMY ETF is designed to provide investors
with a way to potentially benefit from the income-generating potential
of high-yield debt securities issued by emerging market issuers while
also diversifying their portfolio. However, investors should be aware
that investing in high-yield debt securities carries its own set of
risks, including credit risk, interest rate risk, and liquidity risk.
The expense ratio for the VEMY ETF is 0.49%, which is relatively
low compared to the expense ratios of some other fixed-income funds.
This may make the VEMY ETF an attractive option for investors seeking
exposure to high-yield debt securities issued by emerging market
issuers at a low cost.
Overall, the Virtus Stone Harbor
Emerging Markets High Income ETF may be a suitable investment for
investors seeking exposure to high-yield debt securities issued by
emerging market issuers and the potential for income generation.
However, as with any investment, it is important to conduct your own
research and consider your investment goals and risk tolerance before
investing in the fund.
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