|
This page offers consolidated fund information -
including objectives, performance, holdings and characteristics -
for easier printing. Just click the Printer Friendly link above for
a pre-formatted printer-friendly version.
Click here to return to the Fund Center.
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 Investments funds are offered by
prospectus only. See below for information on obtaining prospectuses.
Overview Information
| Fund profile |
Objective
|
|
Portfolio manager(s)
|
| Delaware Tax-Free Money Fund seeks a high level of current income, exempt from federal income tax, while preserving principal and maintaining liquidity.
|
|
Michael P. Buckley (1999)
Delaware Management Company
|
Main investment strategies
|
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.
|
| Fund information (As of 10/31/09) |
| Total net assets |
$12.8 million |
| Class A |
$12.3 million |
| Inception date |
|
| Class A |
09/17/81 |
| Dividends |
Mid Month |
| Capital gains |
|
|
Fund Facts
| Fund identifiers |
| |
Class A |
| NASDAQ |
DTFXX |
| CUSIP |
245911102 |
| Delaphone ID |
006 |
|
| Expense information |
| |
Class A |
| Max sales load |
0.00% |
| Max CDSC |
0.00% |
| Management fee |
0.45% |
| Net expense ratio |
0.39% |
| Gross expense ratio |
1.15% |
|
Quarter-End Performance
The performance data quoted represent past performance; past performance does not guarantee future results. Investment return and principal value will fluctuate so your shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
Performance includes reinvestment of all distributions and is subject to change. Expenses may have been subsidized. Had they not, performance would be lower. For more information, please call 800 523-1918. Class A shares have a maximum up-front sales charge of 4.50% and are subject to an annual distribution fee. Class B shares are subject to a 1.00% annual distribution and service fee and will be subject to a contingent deferred sales charge of up to 4.00% if redeemed before the end of the 6th year. Class C shares are subject to a 1.00% annual distribution and service fee and will be subject to a contingent deferred sales charge of 1.00% if redeemed within the first 12 months. Class R shares are subject to an annual distribution fee. Please see the fee table in the Fund's prospectus for more information.
Investors should consider the investment objectives, risks, charges, and expenses of the investment company carefully before investing. The prospectus contains this and other important information about the investment company. Please request a prospectus by calling 800 523-1918 or by visiting our Web site at www.delawareinvestments.com. Read it carefully before you invest or send money.
Class I and R shares are only available to certain investors. See the prospectus and statement of additional information for a complete explanation.
| Cumulative Data (as of 11/20/09) |
|
Average Annualized (as of 09/30/09) |
| |
Price |
Net Chg |
YTD |
|
1 Yr |
3 Yr |
5 Yr |
10 Yr |
Since
Inception |
Inception
Date |
| Class A |
| At NAV |
$1.00 |
no chg |
0.21% |
|
0.45% |
1.76% |
1.85% |
1.60% |
3.09% |
09/17/81 |
| At offer |
$1.00 |
-- |
-- |
|
0.45% |
1.76% |
1.85% |
1.60% |
3.09% |
|
| |
|
Click here for Gross Expense Ratio
Holdings
| Maturity distribution (as of 10/31/09)
|
| |
|
% of Portfolio |
| Under 1 Yr |
75.1% |
|
| 7 to 10 Yrs |
3.9% |
|
| 10 to 20 Yrs |
15.6% |
|
| 20 Yrs and over |
5.4% |
|
|
|
|
| Top 7 holdings (as of 10/31/09)
|
| |
| Holding |
% of Portfolio |
| Pennsylvania St Higher Edl |
14.01% |
|
| San Antonio Tex Elec & Gas |
3.93% |
|
| Louisville & Jefferson Cnty Ky |
3.9% |
|
| Mass Health & Ed Fac Aut |
3.89% |
|
| Washington St Ctfs Partn |
3.15% |
|
| Beavercreek Ohio City Sch Dist |
1.95% |
|
| Schoolcraft Mich CMNty Sch Dis |
1.88% |
|
| Total % Portfolio in Top 7 holdings |
32.7% |
|
|
|
| Top 1 sectors (as of 10/31/09)
|
| |
| Sector |
% of Portfolio |
| Other |
32.71% |
|
|
|
|
| Holding information (as of 10/31/09)
|
| |
| # Securities |
29 |
|
| # Fixed Income Securities |
29 |
|
| # Equity Securities |
0 |
|
| # Countries |
1 |
|
| # Issuers |
28 |
|
|
| Asset allocation (as of 10/31/09)
|
| |
| Municipal Bonds |
106.4% |
|
| Cash & Cash Equivalents |
-6.4% |
|
|
|
|
Portfolio Characteristics
| Fixed income statistics |
No Portfolio characteristics available for Money Market funds
|
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.
|
