Stone Harbor Emerging Markets Income Fund to Remove Managed Distribution Plan, Declares Monthly Distribution of $0.06 Per Share

NEW YORK, April 8, 2022 /PRNewswire/ -- Stone Harbor Emerging Markets Income Fund (NYSE: EDF), a closed-end fund, today announced that it will remove its managed distribution plan, effective with the May distribution. The Fund intends to maintain its level payout at the current distribution rate of $0.06 per share. The managed distribution plan was determined not to be necessary at the current time, given that the Fund's principal investment strategy is not focused on generating capital gains, and that elimination of the plan and its associated requirements may reduce certain Fund expenses.

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