Stone Harbor Emerging Markets Total Income Fund (the Fund) is a non-diversified closed-end management investment company. The Fund's investment objective is 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 (the 80% policy). Emerging Markets Debt includes fixed income securities and other instruments (including derivatives). Stone Harbor Investment Partners LP (Stone Harbor or the Investment Manager) is the Fund's investment manager.