Stone Harbor Local Markets Fund

Class Inst (SHLMX)
Scorecard
1 / 5 Stars
Lipper
1 1 1 3 4
Zacks Investment Research
5 (Strong Sell)
Standard & Poor's
3 / 5 Stars
TheStreet.com
E+ (Sell)

#26 in Emerging Markets Bond

U.S. News evaluated 101 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 1.15 percent over the past year, and -0.63 percent over the past three years.

Trailing Returns Updated 06.30.2014
Year to date 5.9%
1 Year 1.2%
3 Years (Annualized) -0.6%
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

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.

Fees

Fees are Low compared to funds in the same category.
Stone Harbor Local Markets Fund has an expense ratio of 0.86 percent.

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Risk

Risk is Above Average compared to funds in the same category according to Morningstar.

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