The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted.
Performance data current to the most recent month end may be obtained by calling 800 523-1918 or visiting delawareinvestments.com/performance.
Total returns may reflect waivers and/or expense reimbursements by the manager and/or distributor for some or all of the periods shown. Performance would have been lower without such waivers and reimbursements.
|Average annual total return as of quarter-end (06/30/2014)|
|YTD||1 year||3 year||5 year||10 year||Lifetime||Inception|
|Class A (NAV)||7.28%||12.45%||23.10%||10.04%||n/a||n/a||10.01%||01/19/2010|
|Class A (at offer)||1.15%||5.98%||15.97%||7.89%||n/a||n/a||8.57%|
|Institutional Class shares||7.35%||12.59%||23.41%||10.36%||n/a||n/a||10.83%||12/31/2009|
|S&P Global Infrastructure Index||8.42%||16.03%||30.42%||11.08%||n/a||n/a||n/a|
Returns for less than one year are not annualized.
Class A shares have a maximum up-front sales charge of 5.75% and are subject to an annual distribution fee.
Index performance returns do not reflect any management fees, transaction costs, or expenses. Indices are unmanaged and one cannot invest directly in an index.
The S&P Global Infrastructure Index (view)
|Class A (Gross)||1.80%|
|Class A (Net)||1.45%|
|Institutional Class shares (Gross)||1.55%|
|Institutional Class shares (Net)||1.20%|
Net expense ratio reflects a contractual waiver of certain fees and/or expense reimbursements from March 28, 2014 to March 30, 2015. Please see the fee table in the Fund’s prospectus for more information.
|Top 10 holdings as of 07/31/2014|
Holdings are as of the date indicated and subject to change.
List excludes cash and cash equivalents.
|Holding||% of portfolio|
|National Grid PLC||3.8%|
|China Merchants Holdings International Co. Ltd.||3.7%|
|Groupe Eurotunnel S.A.||3.4%|
|Williams Cos. Inc.||3.1%|
|Crown Castle International Corp.||2.8%|
|Total % Portfolio in Top 10 holdings||39.9%|
Institutional Class shares are only available to certain investors. See the prospectus for more information.
All third-party marks cited are the property of their respective owners.
*On Aug. 20, 2014, the Board of Trustees responsible for Delaware Macquarie Global Infrastructure Fund voted and approved a proposal to liquidate and dissolve the Fund. The liquidation and dissolution is expected to take effect on or before Oct. 31, 2014. Effective Aug. 21, 2014, the Fund will be closed to new investors. The Fund will continue to accept purchases from existing shareholders (including reinvested dividends or capital gains) until five business day before the liquidation date. Please read the prospectus, summary prospectus, and related supplements dated Aug. 21, 2014 for more information concerning this event.
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 clicking the prospectus link located in the right-hand sidebar or calling 800 523-1918. Investors should read the prospectus and the summary prospectus carefully before investing.
Investing involves risk, including the possible loss of principal.
International investments entail risks not ordinarily associated with U.S. investments including fluctuation in currency values, differences in accounting principles, or economic or political instability in other nations.
Investing in emerging markets can be riskier than investing in established foreign markets due to increased volatility and lower trading volume.
Narrowly focused investments may exhibit higher volatility than investments in multiple industry sectors.
Investment strategies that hold securities issued by companies principally engaged in the infrastructure industry have greater exposure to the potential adverse economic, regulatory, political, and other changes affecting such entities.
“Nondiversified” funds may allocate more of their net assets to investments in single securities than “diversified” Funds. Resulting adverse effects may subject these Funds to greater risks and volatility.
REIT investments are subject to many of the risks associated with direct real estate ownership, including changes in economic conditions, credit risk, and interest rate fluctuations.
Not FDIC Insured | No Bank Guarantee | May Lose Value