Fund literature

Investing involves risk, including the possible loss of principal.

Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds' prospectuses, which may be obtained by clicking on the links below or calling 800 523-1918. Investors should read the prospectus carefully before investing.

Growth Equity Funds
Delaware American Services Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Growth Opportunities Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Healthcare Fund	Summary prospectus (Class A, C, R) Prospectus (Class A, C, R) Summary prospectus (Class I) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Select Growth Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Small Cap Growth Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments
Delaware Trend^® Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware U.S. Growth Fund	Summary prospectus (Class A, B, C, R) Prospectus (Class A, B, C, R) Summary prospectus (Class I) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
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Value Equity Funds
Delaware Dividend Income Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Large Cap Value Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Mid Cap Value Fund	Summary prospectus (Class A, C, R) Prospectus (Class A, C, R) Summary prospectus (Class I) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware REIT Fund Please note that the REIT SAI is part of the Delaware Pooled Trust SAI. Other than REIT, Delaware Pooled Trust Portfolios are an Institutional investment vehicle and are generally not available to individual shareholders.	Summary prospectus (Class A, B, C, R) Prospectus (Class A, B, C, R) Summary prospectus (Class I) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Small Cap Value Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Value^® Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
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Core Equity Funds
Delaware Foundation^® Conservative Allocation Fund	Summary prospectus (Class A, B, C, R) Prospectus (Class A, B, C, R) Summary prospectus (Class I) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary Product brochure
Delaware Foundation^® Equity Fund	Summary prospectus (Class A, C, R) Prospectus (Class A, C, R) Summary prospectus (Class I) Prospectus (Class I) Annual report	SAI Fact sheet Commentary Product brochure
Delaware Foundation^® Growth Allocation Fund	Summary prospectus (Class A, B, C, R) Prospectus (Class A, B, C, R) Summary prospectus (Class I) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary Product brochure
Delaware Foundation^® Moderate Allocation Fund	Summary prospectus (Class A, B, C, R) Prospectus (Class A, B, C, R) Summary prospectus (Class I) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary Product brochure
Delaware Small Cap Core Fund	Prospectus (Class A, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
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International Equity Funds
Delaware Emerging Markets Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Global Value Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware International Value Equity Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Macquarie Global Infrastructure Fund	Prospectus (Class A, C, R) Prospectus (Class I)	SAI Fact sheet
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Fixed Income Funds
Delaware Cash Reserve^® Fund	Prospectus (Class A, Consultant) Prospectus (Class B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Core Bond Fund	Prospectus (Class A, C, R) Prospectus (Class I) Annual report	SAI Fact sheet Commentary
Delaware Core Plus Bond Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Corporate Bond Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Diversified Floating Rate Fund	Summary prospectus (Class A, C, R) Prospectus (Class A, C, R) Summary prospectus (Class I) Prospectus (Class I)
Delaware Diversified Income Fund	Summary prospectus (Class A, B, C, R) Prospectus (Class A, B, C, R) Summary prospectus (Class I) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary Product brochure
Delaware Extended Duration Bond Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware High-Yield Opportunities Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Inflation Protected Bond Fund	Prospectus (Class A, B, C) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Limited-Term Diversified Income Fund	Prospectus (Class A, B, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet Commentary
Delaware Minnesota High-Yield Muni Bond Fund	Prospectus (Class A, B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware National High-Yield Municipal Bond Fund	Prospectus (Class A, B, C) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free Arizona Fund	Prospectus (Class A, B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free California Fund	Prospectus (Class A, B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free Colorado Fund	Prospectus (Class A, B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free Idaho Fund	Prospectus (Class A, B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free Minnesota Intermediate Fund	Prospectus (Class A, B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free Minnesota Fund	Prospectus (Class A, B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free Money Fund^®	Prospectus (Class A, Consultant Class) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free New York Fund	Prospectus (Class A, B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free Pennsylvania Fund	Prospectus (Class A, B, C) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free USA Fund	Prospectus (Class A, B, C) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet
Delaware Tax-Free USA Intermediate Fund	Prospectus (Class A, B, C) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Fact sheet
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(Only available to certain residents within certain states)

Limited distribution funds
Delaware Focus Global Growth Fund	Prospectus (Class A, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments
Delaware Global Real Estate Securities Fund	Prospectus (Class A, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Monthly holdings As of 1/29/2010 Quarterly holdings As of 12/31/2009
Delaware Large Cap Core Fund	Prospectus (Class A, C, R) Prospectus (Class I) Annual report Semiannual report	SAI Schedule of investments Monthly holdings As of 1/29/2010 Quarterly holdings As of 12/31/2009
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Not FDIC Insured | No Bank Guarantee | May Lose Value

The Funds are distributed by Delaware Distributors, L.P., an affiliate of DMHI, and MGL.