Tax forms

Explanations of the tax forms you may receive from Delaware Investments

Tax form	Definition	Mailing no later than
1099-DIV	Description Dividends and distributions paid to you (cash or reinvested) by your Delaware Investments® funds held in non-retirement accounts. You will not receive this form if your total dividends for a fund are less than $10, unless amounts also are reported due to reclass or withholding. Use in tax-return preparation Shows all prior year dividends and distributions, including any ordinary dividends, qualified dividends, capital gains distributions, non dividend distributions, foreign tax paid, liquidation distributions, and federal income tax paid (backup withholding) that must be reported on tax returns.	2/15/2012
1099-B	Description Sales or redemptions of securities. (See determining cost basis for more information.) You will not receive this form for sales of fractional shares of stock if gross proceeds are less than $20. Use in tax-return preparation Shows proceeds of sales and redemptions (including exchanges) that must be reported on tax returns in calculating capital gain or loss from the sale of shares.	2/15/2012
Cost basis statement* (shown on Form 1099-B)	Description Cost basis for sales and redemptions in your account from the previous year. While Delaware Investments makes every effort to correctly calculate your cost basis, the amount reported may not account for all transactions affecting your fund shares. Cost basis may not be calculated for all accounts. Use in tax-return preparation Shows cost basis information according to the "average cost basis, single category" method, which may be used to calculate capital gains and losses on tax returns.	2/15/2012
1099-INT	Description Tax-exempt interest income paid to you (cash or reinvested) by your Delaware Investments tax-free funds held in non retirement accounts. You will not receive this form if your total tax-exempt interest dividends for a fund are less than $10, unless amounts also are reported due to reclass or withholding. Use in tax-return preparation Shows tax-exempt interest dividends and the portion that constitutes interest on specified private activity bonds (tax-exempt AMT interest).	2/15/2012
1099-Q	Description Payments from qualified education programs. Use in tax-return preparation Shows distributions and earnings, including qualified and nonqualified distributions, rollovers, and trustee-to-trustee transfers, from qualified college tuition programs and Coverdell Education Savings Accounts that must be reported to the IRS.	1/31/2012
1099-R	Description Distributions made to you from pensions, annuities, retirement or profit-sharing plans, IRAs, insurance contracts (unless done as a transfer of assets), and other plans. Use in tax-return preparation Shows retirement account distributions that must be reported on tax returns. Attach Copy B of Form 1099-R to your tax return, if federal income tax was withheld. Attach Form 8606 (available at www.irs.gov) to your tax return to report taxable income and other information related to certain nondeductible IRA distributions, conversions, or recharacterizations.	1/31/2012
1042-S	Description Foreign person's U.S. source income subject to withholding. Use in tax-return preparation Shows income or gains from U.S. sources paid to foreign persons (including persons presumed to be foreign) that must be reported to the IRS.	3/15/2012
5498	Description IRA contribution information. Use in tax-return preparation Shows IRA contributions, rollovers, year-end fair market values (FMV), and required minimum distributions (RMD) to track your deductible and nondeductible IRA contributions.	1/31/2012 (FMV/RMD) 5/31/2012 (Contributions)
5498-ESA	Description Coverdell ESA contribution information. Use in tax-return preparation Shows contributions and rollovers to a Coverdell ESA that are reportable on your return.	4/30/2012

*Not reported to the IRS for the 2011 tax year. For shares purchased on or after Jan. 1, 2012, Delaware Investments will be required to provide cost basis information to shareholders and the IRS on Form 1099-B.

The information contained in the Tax Center is not intended to be legal or tax advice. If you need assistance preparing your tax return, please consult a tax advisor.

Information may be abridged and therefore incomplete. Any discussion pertaining to taxes in this communication (including attachments) may be part of the promotion or marketing of a product. As provided for in government regulations, advice (if any) related to federal taxes that is contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code. Individuals should seek advice based on their own particular circumstances from an independent tax advisor.