U.S. value equity funds

Value investing has a long and vibrant history at Delaware Investments. Our managers share the belief that finding "value" in stocks means more than just finding attractive prices. Our value portfolio managers seek to identify intrinsic value, and to capitalize on the price differences that may be caused by investor sentiment.

Focused on a superior universe of value stocks.

Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds' prospectuses and their summary prospectuses, which may be obtained by visiting the fund literature page or calling 800 523-1918. Investors should read the prospectus and the summary prospectus carefully before investing.

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