Stone Harbor Emerging Markets Corporate Debt Fund

Class Inst (SHCDX)

Fund Holdings

Asset Allocation

% Long % Net
Cash 2.34 2.34
Stocks 0.0 0.0
Bonds 0.0 0.0
Other 0.91 0.91
Foreign Bonds 96.76 96.76
Foreign Stocks 0.0 0.0
Convertible 0.0 0.0
Preferred 0.0 0.0

Updated 11.30.2013

Top 10 Holdings

Performance as of 02.28.2014

Portfolio as of 11.30.2013

% Net Assets
Centrais Eletricas Brasileiras 5.75% 2.37
Cosan Luxembourg Sa Usd 5.000% 2.14
Emaar Sukuk 6.4% 2.11
Bbva Bancomer Sa Usd 6.750% 1.84
Odebrecht Offshore Drilling Finance Ltd. Usd 6.750% 1.79
Dubai Holding Commercial Operations Mtn Ltd. Gbp 6.000% 1.79
Petroleos De Venezuela Sa 8.5% 1.74
Maf Global Sec 5.25% 1.69
Pt Adaro Indonesia 7.625% 1.67
Zhaikmunai Lp Usd 7.125% 1.64