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| Fund profile |
Objective
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Portfolio manager(s)
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| Delaware Corporate Bond Fund seeks to provide investors with total return. |
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Kevin P. Loome (2007)
Roger A. Early (2007)
Thomas H. Chow (2007)
Delaware Management Company
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Main investment strategies
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We invest primarily in corporate bonds. Our focus is on corporate bonds that have investment grade credit ratings from a nationally recognized statistical ratings organization (NRSRO). The bonds we select for the portfolio are typically rated BBB and above by Standard & Poor's or Baa and above by Moody's Investors Service, Inc. We may also invest in unrated bonds, if we believe their credit quality is comparable to those that have investment grade ratings.
We generally keep Delaware Corporate Bond Fund's duration between four and seven years.
Under normal circumstances, the Fund will invest at least 80% of its net assets in corporate bonds. This policy is not a fundamental investment policy and can be changed without shareholder approval. However, shareholders will be given notice at least 60 days prior to any such change.
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| Fund information (As of 02/28/10) |
| Fixed Income style |
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| Total net assets |
$842.6 million |
| Class A |
$640.5 million |
| Class B |
$10.8 million |
| Class C |
$139.5 million |
| Class I |
$40.5 million |
| Class R |
$11.3 million |
| Inception date |
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| Class A |
09/15/98 |
| Class B |
09/15/98 |
| Class C |
09/15/98 |
| Class I |
09/15/98 |
| Class R |
06/02/03 |
| Dividends |
Mid Month |
| Capital gains |
November |
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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
The Fund may be affected by economic conditions which may hinder a company's ability to make interest and principal payments on its debt.
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.
Investing involves risk, including the possible loss of principal.
Carefully consider the Fund's investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Fund's prospectus, which may be obtained by visiting www.delawareinvestments.com/literature or calling 800 523-1918. Investors should read the prospectus carefully before investing.
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