For national tax-free funds

For the calendar year 2013, all income dividends received from investments in all classes of Delaware Investments® national tax-free funds were generally exempt from federal income tax. Dividends that are exempt from federal income tax may or may not be exempt under the laws of a particular state or local taxing authority. Generally, however, income from bonds issued by municipalities in a particular state is not taxable in that state. Most states do not grant tax-free treatment to interest from municipal securities of other states. We recommend that shareholders consult their tax advisors regarding laws in their state.

Listed here, on a state-by-state basis, are the percentages of interest income earned on municipal obligations of issuers in each such state during the calendar year 2013. The percentages are the same for all share classes of each fund.

A note about AMT

A portion of the income paid to Delaware Investments national tax-free funds shareholders is subject to the federal alternative minimum tax (AMT) that applies to some investors. See Tax-free funds and AMT — national tax-free funds for more information.

Percentage of interest income from municipal obligations for 2013

State Delaware Tax-Free USA Intermediate Fund Delaware Tax-Free USA Fund Delaware National High-Yield Municipal Bond Fund
Alabama 0.26%
Alaska 0.92% 1.58% 0.52%
Arizona 3.38% 1.45%
2.76%
Arkansas
California 12.62% 13.05% 13.43%
Colorado 0.01% 1.51% 0.87%
Connecticut 1.45% 0.47% 0.40%
Delaware 0.46% 0.18% 0.35%
District of Columbia 0.12% 1.06%
Florida 1.02% 2.48% 3.31%
Georgia 3.53% 3.34% 1.55%
Hawaii 0.31% 0.22% 1.09%
Idaho 0.89% 0.16% 1.21%
Illinois 4.30% 3.89% 3.61%
Indiana 0.18% 1.37% 1.12%
Iowa 0.33% 1.38%
Kansas 0.53% 0.56% 0.83%
Kentucky 0.28%
Louisiana 1.84% 0.51% 2.65%
Maine 0.47%
Maryland 2.31% 1.70% 2.46%
Massachusetts 1.61% 2.72% 0.33%
Michigan 1.40% 0.54% 2.07%
Minnesota 6.02% 0.46% 3.05%
Mississippi 0.61%
Missouri 1.42% 6.10% 1.56%
Montana
Nebraska 0.08%
Nevada 0.43% 0.13%
New Hampshire 0.37%
New Jersey 5.62% 7.43% 6.30%
New Mexico
New York 14.33% 18.43% 10.76%
North Carolina 1.95% 2.57% 0.99%
North Dakota 0.08% 0.09% 0.16%
Ohio 3.42% 4.46% 5.89%
Oklahoma 0.03% 3.28% 0.94%
Oregon 1.50% 0.26% 1.13%
Pennsylvania 5.73% 4.22% 7.69%
Puerto Rico 3.12% 3.82% 2.57%
Rhode Island
South Carolina 0.20% 0.03% 0.23%
South Dakota 0.02%
Tennessee 0.92% 0.55%
Texas 9.45% 7.54% 8.45%
Utah 0.31% 0.51%
Vermont 0.23%
Virginia 4.95% 1.72% 1.61%
Washington 1.00% 0.73% 0.97%
West Virginia 0.90% 1.16%
Wisconsin 1.01% 0.77% 2.45%
Wyoming 0.35% 0.47%
Guam 0.54% 0.37%
Virgin Islands 0.26% 0.35%

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 and its summary prospectus, which may be obtained by visiting our fund literature page or calling 800 523-1918. Investors should read the prospectus and the summary prospectus carefully before investing.

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.