Stone Harbor Emerging Markets Debt Fund Institutional Class

 (MUTF:SHMDX)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.40%  
1 week   +1.02%
   
4 week
   
-2.15%  
3 month
   
-4.02%  
YTD
   
-0.25%  
1 year
   
-5.87%  
3 years*
   
-0.74%  
5 years*   +3.11%
   
*annualized
Best 3 month return+19.12%  
Worst 3 month return-26.12%  

Morningstar statistics

Morningstar category: Emerging Markets Bond
  Return Risk Rating
3 years Average Average
5 years Average Average
10 years     -     - -
Overall Average Average

Key statistics

Total assets1.87B 
Front load-  
Deferred load-  
Expense ratio0.71%  
Management fee-  
Fund familyStone Harbor 

Asset allocation

Cash7.96%  
Stocks0.00%  
Bonds91.85%  
Other0.19%  

Purchase information

Initial$1,000,000  
Additional$250,000  
9.82-0.04(-0.41%)
Sep 2, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to maximize total return, which consists of income 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 Fixed Income Securities. 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. The fund is non-diversified.
Fund filings (PDF) »
Asset managers:
David Oliver (Started: Sep 29, 2008)
Pablo Cisilino (Started: Aug 16, 2007)
William Perry (Started: Sep 30, 2012)
Angus Halkett (Started: Sep 30, 2012)
Peter Wilby (Started: Aug 16, 2007)
James Craige (Started: Aug 16, 2007)
Advisor Company:
Stone Harbor Investment Partners LP
Fund family reports on Morningstar »
5015 District Blvd, One International Place, C/O Ropes & Gray LLP, BOSTON MA 02110, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -3.58 -1.55 0.86     -
Beta* 0.09 1.29 1.08     -
Mean annual return -0.28 0.05 0.37     -
R-squared* 0.21 24.65 13.97     -
Standard deviation 6.63 7.50 8.12     -
Sharpe ratio -0.50 0.06 0.53     -
* Against standard index

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