Delaware Investments Colorado Municipal Income Fund, Inc.

Holdings as of 12/31/2009 (all share classes)

Portfolio holdings are as of the date noted above and are subject to change at any time. Holdings may not be representative of current or future investments and may not include the entire investment portfolio. Holdings information is made available to the public 30 calendar days after the most recent quarter-end.

Holdings data is for informational purposes only, and is not intended as a recommendation, offer, or solicitation for the purchase or sale of any specific security. By accessing the portfolio holdings, you agree not to reproduce, distribute or disseminate the portfolio holdings, in whole or part. In no event shall the Delaware Family of Funds or its affiliates have any liability relating to the use of the portfolio holdings.

Unlike the Fund's regulatory filings, the portfolio data and its presentation in this document is not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it may differ from that provided in the complete portfolio of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete portfolio of investments filed in the first and third quarter on Form N-Q.

SEC description	# Holdings	Portfolio %	Market value	Income rate	Maturity date	Nasdaq symbol
ADAMS & ARAPAHOE CNTYS COLO JT	600,000.00	1.03	$693,126.00	6.00	12/01/2028	ADASCD
ARAPAHOE CNTY COLO WTR & WASTE	635,000.00	0.94	$636,930.40	5.12	12/01/2032	ARAUTL
AURORA COLO CTFS PARTN	630,000.00	0.98	$659,055.60	5.00	12/01/2030	AURCTF
BOULDER CNTY COLO DEV REV	3,000,000.00	4.48	$3,025,080.00	5.00	09/01/2026	BOUDEV
BOULDER LARIMER & WELD CNTYS C	750,000.00	1.16	$780,180.00	5.00	12/15/2033	BOUSCD
BOWLES MET DIST COLO	2,000,000.00	2.98	$2,013,340.00	5.00	12/01/2033	BWLFAC
CASH	315,663.68	0.47	$315,663.68	0.00	12/15/2038	US-CASH
COLORADO EDL & CULTURAL FACS	100,000.00	0.15	$100,000.00	0.23	02/01/2035	COSEDU
COLORADO EDL & CULTURAL FACS	500,000.00	0.78	$529,280.00	5.50	03/01/2021	COSEDU
COLORADO EDL & CULTURAL FACS	1,000,000.00	1.46	$984,280.00	5.25	09/15/2032	COSEDU
COLORADO EDL & CULTURAL FACS	1,000,000.00	1.74	$1,175,710.00	5.25	03/01/2035	COSEDU
COLORADO EDL & CULTURAL FACS	1,065,000.00	1.60	$1,081,294.50	5.00	06/01/2023	COSEDU
COLORADO EDL & CULTURAL FACS	1,200,000.00	1.44	$972,084.00	4.38	01/15/2036	COSEDU
COLORADO EDL & CULTURAL FACS	2,500,000.00	3.52	$2,376,750.00	5.00	07/01/2031	COSEDU
COLORADO EDL & CULTURAL FACS	3,000,000.00	4.19	$2,825,040.00	5.00	04/01/2028	COSEDU
COLORADO EDL & CULTURAL FACS	4,000,000.00	6.52	$4,398,760.00	5.00	07/01/2027	COSEDU
COLORADO HEALTH FACS AUTH REV	750,000.00	1.10	$740,880.00	5.00	07/01/2039	COSMED
COLORADO HEALTH FACS AUTH REV	750,000.00	1.12	$754,117.50	6.12	06/01/2038	COSMED
COLORADO HEALTH FACS AUTH REV	750,000.00	1.22	$825,322.50	6.12	10/01/2028	COSMED
COLORADO HEALTH FACS AUTH REV	1,000,000.00	1.46	$987,640.00	5.25	06/01/2023	COSMED
COLORADO HEALTH FACS AUTH REV	2,515,000.00	3.78	$2,551,819.60	6.00	01/20/2036	COSMED
COLORADO HSG & FIN AUTH	500,000.00	0.77	$521,080.00	5.50	11/01/2029	COSHSG
COLORADO SPRINGS COLO HOSP REV	750,000.00	1.18	$793,245.00	6.25	12/15/2033	CSPMED
COLORADO SPRINGS COLO UTILS	750,000.00	1.16	$786,307.50	5.50	11/15/2048	CSPUTL
COLORADO ST BOARD GOVERNORS UN	700,000.00	1.07	$723,352.00	5.00	03/01/2039	COSHGR
COLORADO WTR RES & PWR DEV	1,500,000.00	2.21	$1,492,605.00	5.12	09/01/2034	COSPWR
COLORADO WTR RES & PWR DEV	2,000,000.00	2.95	$1,987,960.00	5.25	09/01/2043	COSPWR
COLORADO WTR RES & PWR DEV AUT	780,000.00	1.16	$786,076.20	5.80	11/01/2020	COSWTR
DENVER COLO CITY & CNTY ARPT	750,000.00	1.13	$765,592.50	5.25	11/15/2036	DENAPT
DENVER COLO CITY & CNTY SCH DI	240,000.00	0.38	$258,962.40	5.00	12/01/2029	DENSCD
DENVER COLO CONVENTION CTR	1,575,000.00	1.90	$1,282,396.50	5.00	12/01/2035	DENFAC
DENVER COLO CONVENTION CTR	3,000,000.00	5.03	$3,392,790.00	5.00	12/01/2033	DENFAC
GLENDALE COLO CTFS PARTN	1,500,000.00	2.28	$1,536,930.00	5.00	12/01/2025	GLDCTF
GUAM GOVT	750,000.00	1.14	$771,982.50	7.00	11/15/2039	GMSFAC
LONG TERM RECEIVABLES	-97,443.91	-0.14	-$97,443.91	0.00	N/A	SECNCAHUS
NORTHWEST PKWY PUB HWY AUTH	2,850,000.00	4.59	$3,095,242.50	5.25	06/15/2041	NWPTRN
PLATTE RIV PWR AUTH COLO PWR R	1,500,000.00	2.39	$1,610,595.00	5.00	06/01/2028	PLAPWR
PUBLIC AUTH FOR COLO ENERGY	750,000.00	1.20	$809,775.00	6.50	11/15/2038	PUBUTL
PUERTO RICO COMWLTH	505,000.00	0.75	$507,176.55	6.00	07/01/2039	PRC
PUERTO RICO COMWLTH	2,250,000.00	3.49	$2,357,662.50	5.50	07/01/2019	PRC
PUERTO RICO ELEC PWR AUTH PWR	300,000.00	0.45	$301,821.00	5.50	07/01/2038	PRCPWR
PUERTO RICO ELEC PWR AUTH PWR	685,000.00	0.96	$645,982.40	5.00	07/01/2037	74526QKX9
PUERTO RICO HSG FIN AUTH	300,000.00	0.48	$327,672.00	5.50	12/01/2018	PRCHSG
PUERTO RICO HSG FIN AUTH	1,000,000.00	1.49	$1,005,290.00	5.12	12/01/2027	PRCHSG
PUERTO RICO PUB BLDGS AUTH REV	700,000.00	1.04	$704,697.00	5.50	07/01/2035	PRCFAC
PUERTO RICO SALES TAX FING	695,000.00	1.07	$720,874.85	5.75	08/01/2037	PRCGEN
REGIONAL TRANSN DIST COLO SALE	1,250,000.00	1.80	$1,211,437.50	4.38	11/01/2031	REGTRN
REGIONAL TRANSN DIST COLO SALE	3,000,000.00	4.34	$2,926,740.00	4.50	11/01/2036	REGTRN
SAND CREEK MET DIST COLO	500,000.00	0.63	$422,770.00	5.00	12/01/2031	SCKFAC
SECURITIZED NET CASH - ACR1	786,030.71	1.16	$786,030.71	0.00	N/A	SECCASHAC
UNIVERSITY COLO ENTERPRISE SYS	750,000.00	1.18	$793,987.50	5.38	06/01/2038	UCOHGR
UNIVERSITY COLO HOSP AUTH REV	500,000.00	0.71	$476,855.00	5.00	11/15/2037	UCOMED
UNIVERSITY COLO HOSP AUTH REV	650,000.00	1.02	$687,654.50	6.00	11/15/2029	UCOMED
UTE WTR CONSERVANCY DIST COLO	2,155,000.00	3.30	$2,229,886.25	5.75	06/15/2020	UTEWTR
WESTERN ST COLLEGE COLO COLLEG	750,000.00	1.14	$767,430.00	5.00	05/15/2034	WSCHGR
WESTMINSTER COLO BLDG AUTH	1,555,000.00	2.44	$1,643,806.05	5.25	12/01/2022	WESCTF