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| Fund profile |
Objective
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Portfolio manager(s)
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| Delaware Inflation Protected Bond Fund seeks to provide inflation protection and current income. |
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Paul Grillo (2007)
Roger A. Early (2007)
Delaware Management Company
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Main investment strategies
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Under normal circumstances, the Fund will invest at least 80% of its net assets in inflation indexed bonds issued by the U.S. government, its agencies or instrumentalities, and corporations. This policy is not a fundamental policy and can be changed without shareholder approval. However, shareholders would be given notice at least 60 days prior to any change in this policy. We may also invest in other securities including, but not limited to, mortgage and asset-backed securities, commercial mortgage-backed securities, options, futures contracts, forward contracts, swap agreements, commodity linked notes, foreign and high yield securities, and loan participations. We will seek to maintain the Fund's interest rate sensitivity at a level approximating that of the Barclays Capital U.S. Treasury Inflation-Protected Securities (TIPS) Index.
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| Fund information (As of 02/28/10) |
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| Total net assets |
$318.3 million |
| Class A |
$130.1 million |
| Class B |
$1.9 million |
| Class C |
$62.5 million |
| Class I |
$123.8 million |
| Inception date |
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| Class A |
12/01/04 |
| Class B |
12/01/04 |
| Class C |
12/01/04 |
| Class I |
12/01/04 |
| Dividends |
Mid Month |
| Capital gains |
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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.
Inflation-protected debt securities tend to react to changes in interest rates, that is, the expected impact of inflation on interest rates. In general, the price of an inflation-protected debt security can fall when interest rates rise, and can rise when interest rates fall. Interest payments on inflation-protected debt securities will vary as the principal and/or interest is adjusted for inflation.
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 experience portfolio turnover in excess of 100%, which could result in higher transaction costs and tax liability for investors.
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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