Morningstar

Virtus Stone Harbor Local Markets Fund I Class SHLMX

Medalist Rating as of Aug 31, 2026 See Virtus Investment Hub

Strategy

The investment seeks to maximize total return, which consists of income on its investments and capital appreciation. The fund normally invests at least 80% of its net assets (plus any borrowings made for investment purposes) in Emerging Markets 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. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SHLMX	Virtus Stone Harbor Local Markets Fund I Class	Institutional	Open			Jun 30, 2010	$11.77M	1.000%	High	$100,000	−$8.66M
VSHEX	Virtus Stone Harbor Local Markets Fund Class A	Front Load	Open			Apr 11, 2022	$114,914.00	1.250%	Above Average	$2,500	−$10,637.47

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