# Portfolio overlap — VSHEX vs LEMB Comparing **Virtus Stone Harbor Local Markets Fund** (2026-02-27) and **iShares J.P. Morgan EM Local Currency Bond ETF** (2026-01-31). - Shared positions: 45 - Virtus Stone Harbor Local Markets Fund covered by iShares J.P. Morgan EM Local Currency Bond ETF: 0.1339107800391993323763422472 - iShares J.P. Morgan EM Local Currency Bond ETF covered by Virtus Stone Harbor Local Markets Fund: 0.1339107800391993323763422472 ## Virtus Stone Harbor Local Markets Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Presidencia da Republica | 0.057642 | ✓ | | Presidencia da Republica | 0.043765 | ✓ | | MALAYSIA GOVT OF 4.893% 06/08/2038 | 0.035370 | ✓ | | MEXICO UNITED MEXICAN STATES 7.75% 11/23/2034 | 0.033463 | ✓ | | MALAYSIA GOVT | 0.033021 | ✓ | | MEXICO UNITED MEXICAN STATES 7.75% 11/13/2042 | 0.032300 | ✓ | | SOUTH AFRICA REPUBLIC OF 8.5% 01/31/2037 | 0.031854 | ✓ | | ROMANIA GOVT | 0.031002 | ✓ | | Urad Vlady Ceske Republiky | 0.030995 | ✓ | | Mexico Bonos | 0.030712 | ✓ | | INTER-AMERICAN DEVELOPMENT BANK 7.35% 10-06-30 | 0.030305 | | | Urzad Rady Ministrow | 0.030002 | ✓ | | MALAYSIA GOVT | 0.028193 | ✓ | | THAILAND GVT THB BOND 2.0% 12-17-31 | 0.027171 | ✓ | | Republic of Indonesia, The Government of, The | 0.025825 | ✓ | | South Africa, Parliament of | 0.025224 | ✓ | | INDONESIA TREASURY BOND IDR 7.0% 09-15-30 | 0.023231 | ✓ | | PERU REPUBLIC OF 7.6% 08/12/2039 144A REGS | 0.022855 | ✓ | | MEXICAN BONOS MXN 8.0% 11-07-47 | 0.021537 | ✓ | | Republic of Indonesia, The Government of, The | 0.021154 | ✓ | | International Bank for Reconstruction & Development | 0.021089 | | | EUROPEAN INVESTMENT BANK 7.4% 10-23-33 | 0.021087 | | | THAILAND KINGDOM OF 3.3% 06/17/2038 | 0.020155 | ✓ | | Urzad Rady Ministrow | 0.018502 | ✓ | | Bogota Distrito Capital | 0.018362 | | | SOUTH AFRICA REPUBLIC OF 6.5% 02/28/2041 | 0.018183 | ✓ | | Colombia Titulos de Tesoreria, Series B | 0.018107 | ✓ | | CHINA GOVT BOND | 0.017032 | ✓ | | ROMANIA REPUBLIC OF 7.2% 10/30/2033 | 0.016637 | ✓ | | HUNGARY GOVT | 0.016549 | ✓ | | International Bank for Reconstruction & Development | 0.013824 | | | Republic of Indonesia, The Government of, The | 0.013007 | ✓ | | TURKIYE GOVERNMENT BOND TRY 31.08% 11-08-28 | 0.012792 | ✓ | | INDIA GOVERNMENT BOND INR 6.67% 12-17-50 | 0.012685 | ✓ | | TESORERIA PESOS | 0.011424 | ✓ | | European Investment Bank | 0.010433 | | | CHINA GOVT BOND | 0.010203 | ✓ | | International Bank for Reconstruction & Development | 0.010030 | | | IADB 6.75 01/22/36 EMTN | 0.009411 | | | The Central People's Government of the People's Republic of China | 0.008934 | ✓ | | Czech Republic Government Bond | 0.008162 | ✓ | | HUNGARY GOVT BOND HUF 3.0% 04-25-41 | 0.007173 | ✓ | | CHINA GOVT BOND | 0.006353 | ✓ | | Titulos de Tesoreria | 0.006179 | | | Nigeria OMO Bill | 0.005316 | | | Republic of Paraguay | 0.005262 | | | Nigeria OMO Bill | 0.005226 | | | Egypt Treasury Bills | 0.005221 | | | Egypt Treasury Bills | 0.005102 | | | Republic of Indonesia, The Government of, The | 0.004945 | ✓ | ## iShares J.P. Morgan EM Local Currency Bond ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | URUGUAY REPUBLICA ORIENTAL DL 9.75% 07/20/2033 | 0.013935 | | | Dominican Republic International Bond | 0.013487 | | | Serbia Treasury Bonds | 0.011289 | | | Dominican Republic International Bonds | 0.011116 | | | URUGUAY GOVERNMENT INTERNATION SR UNSECURED 10/35 8 | 0.011059 | | | Turkiye Government Bond 30.00 09/12/2029 | 0.011002 | | | URUGUAY REPUBLICA ORIENTAL DL 8.25% 05/21/2031 | 0.010814 | ✓ | | Serbia Treasury Bonds | 0.009768 | | | Serbia Treasury Bonds | 0.009536 | | | Serbia Treasury Bonds | 0.009107 | | | TURKIYE GOVERNMENT BOND TRY 26.2% 10-05-33 | 0.007956 | | | Dominican Republic International Bonds | 0.007693 | | | Dominican Republic International Bond | 0.007466 | | | Presidencia da Republica | 0.007142 | ✓ | | SOUTH AFRICA REPUBLIC OF 8.75% 02/28/2048 | 0.007054 | ✓ | | TESORERIA PESOS | 0.006865 | ✓ | | PERU REPUBLIC OF 7.3% 08/12/2033 144A REGS | 0.006323 | | | TURKIYE GOVERNMENT BOND TRY 31.08% 11-08-28 | 0.006284 | ✓ | | BRAZIL LETRAS DO TESOURO NACIONAL 0% 01/01/2029 | 0.005955 | | | SOUTH AFRICA REPUBLIC OF 8.875% 02/28/2035 | 0.005643 | | | MEXICAN BONOS MXN 7.75% 05-29-31 | 0.005566 | | | Presidencia da Republica | 0.005459 | ✓ | | TITULOS DE TESORERIA 13.250000% 02/09/2033 | 0.005398 | | | PERU REPUBLIC OF 6.15% 08/12/2032 | 0.005375 | | | PERU REPUBLIC OF 6.9% 08/12/2037 | 0.005241 | | | SOUTH AFRICA REPUBLIC OF 8.25% 03/31/2032 | 0.005235 | | | MEXICO UNITED MEXICAN STATES 8.5% 03/01/2029 | 0.005210 | | | SOUTH AFRICA REPUBLIC OF 8.5% 01/31/2037 | 0.005135 | ✓ | | PERU REPUBLIC OF 5.4% 08/12/2034 | 0.005109 | | | TESORERIA PESOS | 0.005036 | | | PERU REPUBLIC OF 6.85% 08/12/2035 144A REGS | 0.004973 | | | SOUTH AFRICA REPUBLIC OF 8% 01/31/2030 | 0.004880 | | | MEXICO UNITED MEXICAN STATES 7.75% 11/13/2042 | 0.004786 | ✓ | | MEXICO UNITED MEXICAN STATES 8.5% 05/31/2029 | 0.004761 | | | MEXICO UNITED MEXICAN STATES 7.75% 11/23/2034 | 0.004728 | ✓ | | Presidencia de la Republica de Chile | 0.004716 | ✓ | | South Africa, Parliament of | 0.004673 | | | Presidencia da Republica | 0.004606 | | | Presidencia de la Republica de Chile | 0.004587 | | | Urzad Rady Ministrow | 0.004585 | | | South Africa, Parliament of | 0.004582 | ✓ | | HUNGARY REPUBLIC OF 6.75% 10/22/2028 | 0.004537 | | | MEXICO UNITED MEXICAN STATES 8% 07/31/2053 | 0.004415 | | | Republic of India | 0.004413 | ✓ | | URUGUAY REPUBLICA ORIENTAL DL 8.5% 03/15/2028 REGS | 0.004376 | | | Urzad Rady Ministrow | 0.004362 | ✓ | | Colombia Titulos de Tesoreria, Series B | 0.004212 | ✓ | | Presidencia da Republica | 0.004121 | | | TESORERIA PESOS | 0.004111 | | | Republic of India | 0.004106 | | ## Sources - N-PORT (fund A) — accession `0000940400-26-015360` (as of 2026-02-27) - N-PORT (fund B) — accession `0001410368-26-031750` (as of 2026-01-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _