Delaware Funds by Macquarie

Fixed Income Strategic Forum

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Delaware Climate Solutions Fund Delaware Covered Call Strategy Fund Delaware Global Real Estate Fund Delaware Healthcare Fund Delaware Hedged U.S. Equity Opportunities Fund Delaware Ivy Natural Resources Fund Delaware Ivy Science and Technology Fund Delaware Premium Income Fund Delaware Real Estate Securities Fund
Delaware Professional Series
Delaware Wilshire Private Markets Fund Delaware Corporate Bond Fund Delaware Diversified Income Fund Delaware Emerging Markets Debt Corporate Fund Delaware Extended Duration Bond Fund Delaware Floating Rate Fund Delaware High-Yield Opportunities Fund Delaware Investments Ultrashort Fund Delaware Ivy Core Bond Fund Delaware Ivy Global Bond Fund Delaware Ivy Government Securities Fund Delaware Ivy High Income Fund Delaware Ivy High Yield Fund Delaware Ivy Total Return Bond Fund Delaware Limited-Term Diversified Income Fund Delaware Minnesota High-Yield Municipal Bond Fund Delaware National High-Yield Municipal Bond Fund Delaware Strategic Income Fund Delaware Tax-Free Arizona Fund Delaware Tax-Free California Fund Delaware Tax-Free Colorado Fund Delaware Tax-Free Idaho Fund Delaware Tax-Free Minnesota Fund Delaware Tax-Free Minnesota Intermediate Fund Delaware Tax-Free New York Fund Delaware Tax-Free Oregon Fund Delaware Tax-Free Pennsylvania Fund Delaware Tax-Free USA Fund Delaware Tax-Free USA Intermediate Fund Delaware Emerging Markets Fund Delaware Global Equity Fund Delaware Global Equity Fund II Delaware International Equity Fund Delaware International Equity Fund II Delaware Ivy Global Growth Fund Delaware Ivy International Core Equity Fund Delaware Ivy Managed International Opportunities Fund Delaware Ivy Systematic Emerging Markets Equity Fund Delaware Global Listed Real Assets Fund Delaware Ivy Asset Strategy Fund Delaware Ivy Balanced Fund Delaware Ivy Multi-Asset Income Fund Delaware Ivy Wilshire Global Allocation Fund Delaware Strategic Allocation Fund Delaware Wealth Builder Fund Delaware Growth and Income Fund Delaware Ivy Accumulative Fund Delaware Ivy Core Equity Fund Delaware Ivy Large Cap Growth Fund Delaware Ivy Mid Cap Income Opportunities Fund Delaware Ivy Mid Cap Growth Fund Delaware Ivy Small Cap Growth Fund Delaware Ivy Smid Cap Core Fund Delaware Ivy Value Fund Delaware Mid Cap Growth Equity Fund Delaware Opportunity Fund Delaware Select Growth Fund Delaware Small Cap Core Fund Delaware Small Cap Growth Fund Delaware Small Cap Value Fund Delaware Sustainable Equity Income Fund Delaware Value® Fund
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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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