 On July 30, 2020, the Stone Harbor Emerging Markets Total Income Fund NYSE: EDI the Fund, a closed-end fund, will pay a monthly distribution on its common stock of 0.08 per share to shareholders of record at the close of business on July 20, 2020. The Fund, acting in accordance with an exemptive order received from the Securities and Exchange Commission and with approval of its Board of Trustees, adopted a managed distribution policy under which the Fund may utilize capital gains, where applicable, as part of regular monthly cash distributions to its shareholders. This policy gives the Fund greater flexibility to realize capital gains and to distribute those gains to shareholders. 