Virtus Stone Harbor Emerg Mkts Corp Dbt (SHCDX)
The investment seeks to maximize total return, which consists of income on its investments and capital appreciation. The fund normally will invest at least 80% of its net assets (plus any borrowings made for investment purposes) in Emerging Markets Corporate Debt Investments. It may invest in securities of any credit rating (including unrated securities) and may invest without limit in higher risk, below-investment grade debt securities, commonly referred to as "high yield" securities or "junk bonds." The Adviser normally maintains an average portfolio duration of between 2 and 7 years.
Fund Info
| ISIN | US92828Y5996 |
|---|---|
| Issuer | Stone Harbor |
| Inception Date | May 31, 2011 |
| Category | Emerging Markets Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
SHCDX has a high expense ratio of 1.02%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: SHCDX vs. VOO, SHCDX vs. SPY, SHCDX vs. DOW, SHCDX vs. YMAG
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Virtus Stone Harbor Emerg Mkts Corp Dbt, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Virtus Stone Harbor Emerg Mkts Corp Dbt had a return of 7.80% year-to-date (YTD) and 13.91% in the last 12 months. Over the past 10 years, Virtus Stone Harbor Emerg Mkts Corp Dbt had an annualized return of 3.99%, while the S&P 500 had an annualized return of 11.05%, indicating that Virtus Stone Harbor Emerg Mkts Corp Dbt did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 7.80% | 21.24% |
| 1 month | -0.71% | 0.55% |
| 6 months | 5.11% | 11.47% |
| 1 year | 13.91% | 32.45% |
| 5 years (annualized) | 3.12% | 13.43% |
| 10 years (annualized) | 3.99% | 11.05% |
Monthly Returns
The table below presents the monthly returns of SHCDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.55% | 1.25% | 1.00% | -1.03% | 1.47% | 0.89% | 1.28% | 1.89% | 1.10% | -0.83% | 7.80% | ||
| 2023 | 3.70% | -2.17% | 0.60% | 0.52% | -0.65% | 1.47% | 1.45% | -0.52% | -0.62% | -1.38% | 4.00% | 3.13% | 9.70% |
| 2022 | -1.99% | -5.56% | -0.36% | -2.90% | -0.48% | -4.93% | 0.93% | 1.00% | -5.03% | -2.51% | 8.82% | 1.38% | -11.76% |
| 2021 | -0.54% | 0.43% | -0.98% | 1.21% | 1.31% | 1.19% | 0.11% | 0.75% | -0.97% | -0.22% | -1.20% | 0.89% | 1.95% |
| 2020 | 1.21% | -1.20% | -20.11% | 6.91% | 7.18% | 4.78% | 2.92% | 1.48% | -1.25% | 0.11% | 5.79% | 2.87% | 7.76% |
| 2019 | 3.46% | 1.04% | 1.15% | 1.02% | 0.45% | 2.27% | 1.22% | -0.33% | 0.67% | 0.77% | 0.22% | 1.22% | 13.94% |
| 2018 | 0.32% | -1.08% | -0.44% | -0.44% | -1.67% | -1.48% | 2.08% | -2.49% | 1.88% | -0.81% | -0.95% | 1.19% | -3.92% |
| 2017 | 1.47% | 1.45% | 0.22% | 1.10% | 0.54% | 0.22% | 0.98% | 1.08% | 0.76% | 0.64% | -0.01% | 0.43% | 9.24% |
| 2016 | -0.59% | 1.30% | 4.05% | 2.17% | -0.24% | 1.70% | 2.01% | 1.17% | 0.00% | -0.00% | -2.54% | 1.02% | 10.37% |
| 2015 | -0.11% | 2.03% | 0.34% | 2.12% | 0.52% | -1.10% | -0.11% | -1.93% | -1.49% | 2.45% | -0.71% | -1.80% | 0.07% |
| 2014 | -0.45% | 2.37% | 0.67% | 0.66% | 2.28% | 0.65% | -0.21% | 1.16% | -1.40% | 0.98% | -0.36% | -2.16% | 4.18% |
| 2013 | 0.63% | 0.19% | -0.11% | 0.94% | -1.81% | -4.48% | 0.90% | -2.15% | 1.95% | 2.81% | -0.92% | 0.20% | -2.04% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of SHCDX is 89, placing it in the top 11% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Virtus Stone Harbor Emerg Mkts Corp Dbt (SHCDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Virtus Stone Harbor Emerg Mkts Corp Dbt provided a 5.95% dividend yield over the last twelve months, with an annual payout of $0.48 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.48 | $0.45 | $0.42 | $0.42 | $0.49 | $0.43 | $0.51 | $0.38 | $0.47 | $0.42 | $0.41 | $0.47 |
Dividend yield | 5.95% | 5.73% | 5.52% | 4.65% | 5.28% | 4.72% | 6.05% | 4.06% | 5.35% | 4.94% | 4.69% | 5.24% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus Stone Harbor Emerg Mkts Corp Dbt. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.03 | $0.04 | $0.04 | $0.04 | $0.06 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.00 | $0.40 | |
| 2023 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.11 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2022 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.06 | $0.42 |
| 2021 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.09 | $0.04 | $0.42 |
| 2020 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.13 | $0.04 | $0.49 |
| 2019 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.04 | $0.43 |
| 2018 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.11 | $0.12 | $0.51 |
| 2017 | $0.00 | $0.03 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.04 | $0.38 |
| 2016 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.08 | $0.05 | $0.47 |
| 2015 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.03 | $0.42 |
| 2014 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.04 | $0.41 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.14 | $0.07 | $0.47 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Virtus Stone Harbor Emerg Mkts Corp Dbt. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Virtus Stone Harbor Emerg Mkts Corp Dbt was 26.24%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current Virtus Stone Harbor Emerg Mkts Corp Dbt drawdown is 0.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.24% | Feb 24, 2020 | 21 | Mar 23, 2020 | 166 | Nov 16, 2020 | 187 |
| -21.81% | Sep 15, 2021 | 280 | Oct 24, 2022 | 430 | Jul 12, 2024 | 710 |
| -16.84% | Aug 3, 2011 | 44 | Oct 4, 2011 | 237 | Sep 13, 2012 | 281 |
| -8.62% | May 10, 2013 | 82 | Sep 5, 2013 | 172 | May 13, 2014 | 254 |
| -6.59% | May 22, 2015 | 168 | Jan 21, 2016 | 55 | Apr 11, 2016 | 223 |
Volatility
Volatility Chart
The current Virtus Stone Harbor Emerg Mkts Corp Dbt volatility is 0.58%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.