FinanceEmerging Markets Debt Income Fund Outperforms in Q1
The Virtus Stone Harbor Emerging Markets Debt Income Fund (Class I) surpassed its benchmark, the J.P. Morgan EMBI Global Diversified Index, in the first quarter, returning -0.93% against the index's -1.26%. This outperformance was primarily driven by strategic country and issuer selections within hard currency sovereign debt, highlighting the fund's nuanced approach to a volatile market.