SHSIX — Stone Harbor Strategic Income Fund

SHSIX Fund Overview

SHSIX — Stone Harbor Strategic Income Fund is a US mutual fund managed by Stone Harbor Investment Funds, categorised as Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Stone Harbor Investment Funds
• Category: Bond
• Assets under management: $30.35M
• 1-year return: -3.1%
• Ticker: SHSIX
• SEC CIK: 0001391673
• SEC series ID: S000040825
• Share class ID: C000126607

SHSIX Investment Objective and Strategy

Stone Harbor Strategic Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Stone Harbor Investment Funds.

Investment objective

The Fund seeks to maximize total return, which consists of income on its investments and capital appreciation.

Principal investment strategy

The Fund is intended to provide broad exposure to global credit markets. The Fund, either directly or through the underlying funds (defined below), may invest in a broad variety of fixed income and other income producing securities and instruments (including derivatives), and will not be limited in terms of type of instrument, geography, credit rating or duration. The Fund may invest all or a significant portion of its assets in Stone Harbor Investment Grade Fund, Stone Harbor High Yield Bond Fund, Stone Harbor Emerging Markets Debt Fund, Stone Harbor Local Markets Fund and Stone Harbor Emerging Markets Corporate Debt Fund and other funds sponsored or advised by the Adviser (together, the underlying funds). The underlying funds listed above are described elsewhere in this Prospectus. The Fund is not required to invest in the underlying funds, and from time to time may not be invested in any underlying fund.

In addition to investing in the underlying funds, the Fund may invest directly in fixed income securities and in other instruments and transactions. References in this Prospectus to the Fund may refer to actions undertaken by the Fund or by an underlying fund. The types of fixed income securities in which the Fund may invest include, but are not limited to, government securities; corporate debt securities; mortgage-backed or asset-backed securities issued or guaranteed by various governmental and non-governmental entities; secured and unsecured senior and subordinated loans and loan participations, including mortgages; Rule 144A securities; municipal securities; debentures, notes (including structured notes and promissory notes), and derivatives related to these types of securities. At any given time, the Fund may be entirely or significantly invested in a particular type of fixed income security or underlying fund.

The Fund may invest in fixed income securities and derivative instruments rated below investment grade (or, if unrated, of comparable quality as determined by the Adviser). These types of securities and instruments are commonly referred to as high yield securities or junk bonds and may include, among other things, bonds, debentures, notes, equipment trust certificates, commercial paper, commercial loans, preferred stock and other obligations of U.S. and non-U.S. issuers. The Fund may also invest in preferred securities. The Fund may invest all or a substantial portion of its assets in securities issued by non-U.S. entities. The Funds investments may be issued by any U.S. or non-U.S. public- or private-sector entity. The Fund may invest a significant portion of its assets in investments that are economically tied to countries with emerging securities markets or whose performance is linked to those countries markets, economies or ability to repay loans, such as loans issued by corporations or other business organizations.

An investment is economically tied to an emerging market country if it is principally traded on the countrys securities markets or if the issuer is organized or principally operates in the country, derives a majority of its income from its operations within the country or has a majority of its assets within the country. All or a significant portion of the Funds investments may be denominated in non-U.S. currencies. The Fund considers emerging market countries to include countries identified by the World Bank Group as being low income economies or which are included in a JP Morgan emerging market bond index. The Fund may invest in derivatives and other instruments for hedging purposes or to otherwise gain or reduce long or short exposure to securities, markets or currencies. Although the Fund and the underlying funds are not limited in the types of derivatives that may be used, the Fund currently expects that its derivatives investments will consist primarily of the following instruments and transactions: futures, options, swaps, including credit default swaps, and credit linked notes.

The Fund may use derivatives to a significant extent. Credit Quality. The Fund may invest in securities of any credit rating (including unrated securities) and may invest without limit in higher risk, below-investment grade debt securities. Such securities may include those that are in default with respect to the payment of principal or interest. Maturity and Duration. The Adviser normally maintains an average portfolio duration of between 2 and 7 years. However, the Funds average duration may be outside this range, and the Fund may invest in securities of any duration and maturity.

SHSIX Performance

Total returns for SHSIX (as of 2026-10-01), from SEC filings.

SHSIX Risk Information

Risk metrics for SHSIX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 4.0%

SHSIX Costs and Fees

SHSIX costs about $70 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.70%
• Gross expense ratio: 1.76%
• Portfolio turnover: 13%
• Brokerage commissions: 1.16 bps of average net assets (SEC N-CEN)

SHSIX Cashflows

Over the 12 months to 2022-02, Stone Harbor Strategic Income Fund had net inflows of $986.70K, from monthly SEC N-PORT filings.

SHSIX Debt Constituents

No individual debt constituents are reported in Stone Harbor Strategic Income Fund's latest SEC N-PORT filing.

SHSIX Prospectus and SEC Filings

Official Stone Harbor Strategic Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-09-28
• Prospectus (485BPOS) — filed 2020-09-28
• Prospectus (485BPOS) — filed 2019-10-16
• Portfolio holdings (N-PORT) — filed 2022-04-29
• Portfolio holdings (N-PORT) — filed 2022-01-27
• Portfolio holdings (N-PORT) — filed 2021-10-28
• Annual census (N-CEN) — filed 2021-08-13
• Annual census (N-CEN) — filed 2020-08-12

Related Funds

Other Bond funds tracked on ABC INVEST:

• Great-West T. Rowe Price Equity Income Fund (MXTQX)
• Absolute Return Currency Fund (JCUAX)
• ICON Flexible Bond Fund (IOBCX)
• Tributary Growth Opportunities Fund (FOGRX)
• Oakhurst Fixed Income Fund (FWFIX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.