|
| Maturity distribution (as of 10/31/09)
|
| |
|
% of Portfolio |
| Under 1 Yr |
5.1% |
|
| 1 to 3 Yrs |
6.1% |
|
| 3 to 5 Yrs |
17.7% |
|
| 5 to 7 Yrs |
14.2% |
|
| 7 to 10 Yrs |
20.0% |
|
| 10 to 20 Yrs |
13.1% |
|
| 20 Yrs and over |
23.7% |
|
|
|
|
| Top 10 holdings (as of 10/31/09)
|
| |
| Holding |
% of Portfolio |
| University Minn Spl Purp Rev |
1.96% |
|
| Minnesota St Mun Pwr Agy Elec |
1.96% |
|
| Duluth MN Economic Dev Auth |
1.8% |
|
| Minnesota St Hsg Fin Agy |
1.65% |
|
| Minnesota Pub Facs Auth Clean |
1.62% |
|
| Minneapolis Minn Healthcare |
1.6% |
|
| Minneapolis Minn Healthcare |
1.58% |
|
| Maple Grove Minn Healthcare |
1.56% |
|
| Minnesota St Hsg Fin Agy |
1.51% |
|
| Minneapolis Minn Healthcare |
1.51% |
|
| Total % Portfolio in Top 10 holdings |
16.7% |
|
|
|
| Top 10 sectors (as of 10/31/09)
|
| |
| Sector |
% of Portfolio |
| Healthcare |
27.07% |
|
| Housing |
13.25% |
|
| Local general obligation |
11.61% |
|
| Education |
8.87% |
|
| Pre-Refunded/ETM |
8.81% |
|
| Special tax |
7.88% |
|
| Electric |
6.1% |
|
| Water/sewer |
4.17% |
|
| State general obligation |
3.32% |
|
| Corporate |
3.25% |
|
|
|
|
| Holding information (as of 10/31/09)
|
| |
| # Securities |
123 |
|
| # Fixed Income Securities |
123 |
|
| # Equity Securities |
0 |
|
| # Countries |
1 |
|
| # Issuers |
85 |
|
|
| Asset allocation (as of 10/31/09)
|
| |
| Cash & Cash Equivalents |
1.8% |
|
| Fixed Income |
98.2% |
|
|
|
| Top 1 states (as of 10/31/09)
|
| |
| State |
% of Portfolio |
| Minnesota |
93.92% |
|
| Total % Portfolio in Top 1 states |
93.9% |
|
|
|
| Click here to see a full list of this fund's quarterly holdings (as of 09/30/2009).
|
| Click here to see a full list of this fund's monthly holdings (as of 09/30/2009).
|
High-yielding, non-investment grade bonds involve higher risk than investment grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities.
Effective at the close of business on May 31, 2007, no new or subsequent investments will be allowed in Class B shares of the Delaware Investments® Family of Funds except through a reinvestment of dividends or capital gains or permitted exchanges. http://www.delawareinvestments.com/Corporate/shareholder/supp_bclass.pdf
Substantially all dividends are exempt from federal income tax and may be subject to AMT that applies to certain taxpayers. Capital gains, if any, are taxable.
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.
|
