Virtus Stone Harbor Strategic Income (SHSIX)
The investment seeks to maximize total return, which consists of income on its investments and capital appreciation. The advisor is intended to provide broad exposure to global credit markets. The fund may invest in a broad variety of fixed income and other income producing securities and instruments, and will not be limited in terms of type of instrument, geography, credit rating or duration. It may invest directly in fixed income securities and in other instruments and transactions. The fund may invest in fixed income securities and derivative instruments rated below investment grade.
Fund Info
| ISIN | US92828Y4825 |
|---|---|
| CUSIP | 861647873 |
| Issuer | Stone Harbor |
| Inception Date | Dec 17, 2013 |
| Category | Multisector Bonds |
| Min. Investment | $1,000,000 |
| Asset Class | Bond |
Expense Ratio
SHSIX has an expense ratio of 0.24%, which is considered low compared to other funds.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Virtus Stone Harbor Strategic Income, 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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 17.79% |
| 1 month | N/A | 0.18% |
| 6 months | N/A | 7.53% |
| 1 year | N/A | 26.42% |
| 5 years (annualized) | N/A | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of SHSIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | 3.32% | -1.19% | 0.62% | 0.36% | -0.60% | 0.97% | 1.43% | -0.35% | -1.28% | -0.87% | 3.64% | 3.18% | 9.45% |
| 2022 | -1.68% | -2.57% | -0.11% | -3.75% | 0.03% | -5.29% | 3.28% | -0.57% | -3.83% | 1.12% | 3.97% | 0.09% | -9.34% |
| 2021 | -0.31% | 0.00% | -0.72% | 1.25% | 0.21% | 0.62% | 0.00% | 0.42% | -0.41% | -0.00% | -1.36% | 1.17% | 0.83% |
| 2020 | -0.10% | -1.34% | -10.54% | 3.38% | 4.08% | 1.86% | 3.11% | 0.31% | -1.15% | 0.32% | 3.18% | 1.55% | 3.86% |
| 2019 | 3.59% | 0.74% | 0.73% | 0.52% | -0.10% | 1.56% | 0.62% | -0.71% | 0.41% | 0.31% | -0.10% | 1.55% | 9.44% |
| 2018 | 0.51% | -0.71% | -0.00% | -0.72% | -0.10% | -0.93% | 1.05% | -1.36% | 0.64% | -1.05% | -0.22% | 0.00% | -2.90% |
| 2017 | 0.62% | 1.45% | -0.20% | 0.82% | 0.80% | -0.30% | 0.71% | 0.80% | 0.10% | -0.10% | -0.01% | 0.50% | 5.30% |
| 2016 | -0.54% | 1.42% | 2.70% | 1.68% | -0.22% | 1.67% | 1.54% | 1.19% | 0.20% | -0.40% | -1.95% | 1.25% | 8.77% |
| 2015 | 0.70% | 1.68% | -0.20% | 0.99% | -0.42% | -1.89% | -0.20% | -1.55% | -1.25% | 2.10% | -0.44% | -1.73% | -2.28% |
| 2014 | 0.30% | 2.08% | 0.69% | 0.97% | 1.62% | 0.58% | -0.29% | 0.91% | -2.01% | 1.08% | -0.33% | -1.54% | 4.04% |
| 2013 | 0.00% | 0.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Virtus Stone Harbor Strategic Income (SHSIX) 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 Strategic Income granted a 104.23% dividend yield in the last twelve months. The annual payout for that period amounted to $8.81 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $8.81 | $0.40 | $0.50 | $0.35 | $0.33 | $0.29 | $0.36 | $0.30 | $0.39 | $0.53 | $0.45 |
Dividend yield | 104.23% | 4.70% | 6.22% | 3.68% | 3.37% | 2.97% | 3.90% | 3.01% | 4.07% | 5.80% | 4.49% |
Monthly Dividends
The table displays the monthly dividend distributions for Virtus Stone Harbor Strategic Income. 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 | $8.45 | $8.45 | |||||||||||
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 | $0.00 | $0.00 | $0.04 | $0.40 |
| 2022 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.11 | $0.22 | $0.50 |
| 2021 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.03 | $0.35 |
| 2020 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.09 | $0.03 | $0.33 |
| 2019 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.06 | $0.29 |
| 2018 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.08 | $0.36 |
| 2017 | $0.00 | $0.01 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.08 | $0.07 | $0.30 |
| 2016 | $0.00 | $0.03 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.10 | $0.09 | $0.39 |
| 2015 | $0.00 | $0.07 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.21 | $0.53 |
| 2014 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.08 | $0.45 |
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 Strategic Income. 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 Strategic Income was 17.38%, occurring on Mar 23, 2020. Recovery took 159 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.38% | Jan 21, 2020 | 44 | Mar 23, 2020 | 159 | Nov 5, 2020 | 203 |
| -15.26% | Sep 16, 2021 | 278 | Oct 21, 2022 | — | — | — |
| -7.8% | Apr 28, 2015 | 185 | Jan 20, 2016 | 97 | Jun 8, 2016 | 282 |
| -5.74% | Aug 28, 2014 | 77 | Dec 16, 2014 | 76 | Apr 8, 2015 | 153 |
| -4.1% | Jan 29, 2018 | 230 | Dec 26, 2018 | 27 | Feb 5, 2019 | 257 |
Volatility
Volatility Chart
The current Virtus Stone Harbor Strategic Income volatility is 0.81%, 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.