Dividends-received deduction for corporations

Corporate shareholders generally may take the 70% dividends-received deduction on qualified dividends received from certain Delaware Funds by Macquarie, as long as the mutual fund shares generating the dividend generally have been held for 45 days.

To determine the amount that qualifies for the deduction, multiply the appropriate percentage below by your total ordinary distributions received from the Fund during calendar year 2017.

Percentage of ordinary dividends eligible for dividends-received deduction for 2017

Fund Percentage of ordinary dividends
Delaware Foundation® Conservative Allocation Fund 15.89%
Delaware Foundation Growth Allocation Fund* 25.69%
Delaware Foundation Moderate Allocation Fund 17.86%
Delaware Global Value Fund
65.41%
Delaware Healthcare Fund 23.28%
Delaware Mid Cap Value Fund 100.00%
Delaware Select Growth Fund 70.33%
Delaware Small Cap Core Fund 66.95%
Delaware Small Cap Growth Fund 2.14%
Delaware Small Cap Value Fund 100.00%
Delaware U.S. Growth Fund 88.70%
Delaware Value® Fund 97.10%
Delaware Wealth Builder Fund 55.68%
Source: Delaware Funds by Macquarie

* Delaware Foundation Growth Allocation Fund merged into Delaware Wealth Builder Fund after the close of business on Dec. 15, 2017. The tax information for Delaware Foundation Growth Allocation Fund is applicable to any shares held in 2017 prior to the date of the merger.

The information contained in the Tax Center is not intended to be legal or tax advice. If you need assistance preparing your tax return, please consult a tax advisor.

Information may be abridged and therefore incomplete. Any discussion pertaining to taxes in this communication (including attachments) may be part of the promotion or marketing of a product. Advice (if any) related to federal taxes that is contained in this communication (including attachments) is not intended or written to be used, and cannot be used, for the purpose of avoiding penalties under the Internal Revenue Code. Individuals should seek advice based on their own particular circumstances from an independent tax advisor.