Growth of $10K Avg Annual Total Return %   10 YR 5 YR 1 YR YTD Market Return -- 6.78% 39.81% 5.54% Lipper Pct. Rank -- 43 13 50 NAV Return -- 3.77% 30.07% 5.53% Lipper Pct. Rank -- 58 13 25 Premium/Discount History Premium/Discount 10 YR Avg 5 YR Avg YTD Avg -- 3.454% 11.100%

NAV $8.58 Market Price $9.10 Net Change -$0.07 Market Change -$0.06 Premium/Discount 6.06% 1 YR NAV Return 30.070% 1 YR NAV Rank 13 12-Mo Yield as of 4/30/2021 Yield Def Income Only Yield 9.29% Distribution Yield (Market) 10.72% Most Recent Income Dividend $0.070 Ex-Div Date 5/14/2021 Most Recent Cap Gain Dividend $0.121 Ex-Div Date 11/7/2019 Dividend Frequency Monthly YTD Dividends $0.320 YTD Capital Gains -- Inception Date 10/25/2012 Fund Advisor Stone Harbor Investment Partners LP Manager & Tenure Team Managed Phone 877-206-0791 Website www.shiplpcef.com Total Net Assets (mil) as of 5/31/2021 $83.5 % Leveraged Assets as of 11/30/2020 27.69% Portfolio Turnover 124.00% Mgmt Fees 1.605% Expense Ratio 2.690% Fund Objective The Fund seeks to maximize total return, which consists of income and capital appreciation from investments in emerging markets securities. The Fund normally will invest at least 80% of its net assets (plus borrowings for investment purposes) in Emerging Markets Debt.

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