This Fund's primary objective is to generate current income for investors, with capital appreciation serving as a secondary goal. It employs an active and opportunistic investment strategy, strategically allocating assets across a diverse array of high-yield debt securities. These investments originate from emerging markets and encompass bonds issued by both national governments and private companies.

Atlanticus Holdings Corporation 9.25% Senior Notes due 2029

New York Mortgage Trust, Inc.

Flagstar Financial, Inc.

Diversified Healthcare Trust  -

SLM Corporation

Valley National Bancorp

Diversified Healthcare Trust

Qwest Corp. NT

NextEra Energy, Inc.

KKR & Co. Inc. 6.875% Subordinate

Cash & Others

Virtus ETF Trust Stone Harbor Emerging Markets High Yield Bond ETF

VEMY Holdings & Sector Breakdown

VEMY Holdings & Sector Breakdown