Delaware Funds by Macquarie

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Mutual Fund & ETF Awards 2022

Delaware National High-Yield Municipal Bond Fund

Active Fixed Income Mutual Fund of the Year

Think you’re getting enough credit? Think again. Think munis.

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Delaware National High-Yield Municipal Bond Fund was the recipient of the With Intelligence Mutual Fund & ETF Awards 2022 for Active Fixed Income Mutual Fund of the Year recognizes for excellence in fund performance. The active fixed income mutual fund of the year is given to the most successful taxable or municipal bond fund of 2021, determined by a combination of several elements, such as flows, performance, innovation, and fund objectives. Funds launched before Jan. 1, 2021 with at least $50m AUM were eligible for entry. Submission entries are required for this award. (2321039)

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Investing involves risk, including the possible loss of principal.

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 delawarefunds.com/literature or calling 877 693-3546. Investors should read the prospectus and the summary prospectus carefully before investing.

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 delawarefunds.com/literature or calling 800 523-1918. Investors should read the prospectus and the summary prospectus carefully before investing.

Nothing presented should be construed as a recommendation to purchase or sell any security or follow any investment technique or strategy.

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