Stone Harbor Emerging Markets Total Income Fund is a non-diversified closed-end management investment company. The Fund focuses on credit risk strategies and asset allocation. 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 invests around 80% of its net assets (plus any borrowings made for investment purposes) in emerging markets debt. The Fund's investment process focuses on allocating to three sectors of emerging markets (EM) debt, including hard currency sovereigns, local currency sovereigns and corporates. The Fund invests in various sectors, such as sovereign local, sovereign external, corporate, equity, cash and equivalents, and the United States Treasuries. The Fund invests in regions, such as Latin America, Europe, Africa, Asia and the Middle East. The Fund's investment adviser is Stone Harbor Investment Partners LP.