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Virtus Announces Launch Of Emerging Markets Bond ETF

Virtus Asset Management has just announced the launch of the Virtus Stone Harbor Emerging Markets High Yield Bond ETF (SHHYX). SHHYX will be sub-advised by the Virtus Fixed Income Advisors and the Stone Harbor Investment Partners. The fund looks to invest more than 80% of their assets into high yield bonds from emerging markets or be a part of the JP Morgan Emerging Market Bond Index.

ETF Newz Says:

The emerging markets must be considered “low income economies” by the World Bank Group to be eligible for the fund.