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| Fund profile |
Objective
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Portfolio manager(s)
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| Delaware Tax-Free Money Fund seeks a high level of current income, exempt from federal income tax, while preserving principal and maintaining liquidity.
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Michael P. Buckley (1999)
Delaware Management Company
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Main investment strategies
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Invests primarily in short-term municipal money market securities that are exempt from federal income tax.- Strives to maintain the Fund's dollar-weighted average maturity at 90 days or less.
- Seeks to puchase securities with an effective remaining maturity of less than 397 days (approximately 13 months).
- Invests at least 80% of the Fund's assets in municipal money market securities issued by states, U.S. territories and possessions, and the District of Columbia, as well as their political subdivisions and other entities.
- May invest in U.S. government securities and other taxable securities to a limited extent.
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| Fund information (As of 10/31/09) |
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| Total net assets |
$12.8 million |
| Class A |
$12.3 million |
| Inception date |
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| Class A |
09/17/81 |
| Dividends |
Mid Month |
| Capital gains |
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The Fund invests primarily in a specific state and may be more susceptible to the economic, regulatory, and other factors of that state than a fund that invests more broadly.
An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of an investment at $1.00 per share, it is possible to lose money by investing in the Fund.
A rise/fall in the interest rates can have a significant impact on bond prices and the NAV (net asset value) of the fund. Funds that invest in bonds can lose their value as interest rates rise and an investor can lose principal.
The Delaware information provided herein may be used in conjunction with the offering of shares only if preceded or accompanied by a prospectus. All Delaware Funds are offered by prospectus only. The prospectus contains more complete information on advisory fees, distribution charges, and other expenses and should be read carefully before investing or sending money. A printed copy of any Delaware Investments fund prospectus may be obtained by calling Delaware Investments at 800 523-1918.
Distributed by Delaware Distributors L.P.
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