Tax-free funds: Income-by-state percentages

For the calendar year 2017, income dividends received from investments in all classes of the Delaware Funds by Macquarie national and state-specific tax-free funds were generally exempt from federal income tax. However, these dividends may or may not be exempt from state or local taxes. Please contact your tax advisor for details.

Listed here, on a state-by-state basis, are the percentages of interest income earned by Delaware Funds by Macquarie tax-free funds on municipal obligations of issuers in each such state during the calendar year 2017. The percentages are the same for all share classes of each fund.

A note about AMT

A portion of the income paid to Delaware Funds by Macquarie national tax-free funds shareholders may be subject to the federal alternative minimum tax (AMT) that applies to some investors. See AMT percentages for more information.

Percentage of interest income earned on municipal obligations, state by state, for 2017

State Delaware Tax-Free USA Intermediate Fund Delaware Tax-Free USA Fund Delaware National High-Yield Municipal Bond Fund
Alabama 0.94% 1.33% 3.52%
Alaska 1.00% 0.23%
Arizona 7.52% 3.11%
4.69%
Arkansas
California 14.28% 12.23% 14.84%
Colorado 0.59% 2.81% 3.24%
Connecticut 1.25% 0.63% 0.20%
Delaware 0.46%
District of Columbia 0.10% 0.76%
Florida 1.70% 0.72% 4.71%
Georgia 1.59% 2.57% 1.33%
Hawaii 1.39%
Idaho 0.49% 0.69%
Illinois 7.13% 7.02% 7.02%
Indiana 1.14% 1.22%
Iowa 0.24%
Kansas 0.99% 0.95% 0.70%
Kentucky 1.44%
Louisiana 2.83% 0.88% 2.11%
Maine 0.20%
Maryland 2.19% 2.60% 1.91%
Massachusetts 1.69% 3.33% 0.35%
Michigan 0.84% 0.88% 1.06%
Minnesota 3.15% 2.05% 2.82%
Mississippi 0.06% 0.05% 0.03%
Missouri 1.69% 3.12% 1.85%
Montana 0.06% 0.07%
Nebraska 0.04% 0.01% 0.01%
Nevada 0.72%
New Hampshire 0.16%
New Jersey 6.33% 6.16% 5.29%
New Mexico
New York 16.59% 15.96% 7.36%
North Carolina 1.39% 0.36%
North Dakota
Ohio 0.31% 5.58% 6.72%
Oklahoma 0.20% 4.37% 0.84%
Oregon 1.24% 0.35% 0.52%
Pennsylvania 7.28% 2.15% 4.64%
Puerto Rico 0.52%
Rhode Island
South Carolina 0.38%
South Dakota
Tennessee 1.02% 0.87% 0.13%
Texas 11.97% 10.77% 7.92%
Utah 0.30% 0.74% 0.18%
Vermont 0.10%
Virginia 1.88% 1.59% 0.87%
Washington 1.16% 0.55% 1.58%
West Virginia 1.69% 2.08%
Wisconsin 1.83% 1.25% 2.42%
Wyoming 0.11%
Guam 0.76% 0.01%
Virgin Islands 0.15%
Other tax-free income

Percentage of interest income earned on municipal obligations, state by state, for 2017

Fund Source of income
Delaware Tax-Free Arizona Fund Arizona: 96.43%
Puerto Rico: 1.62%
Guam: 1.95%
Delaware Tax-Free California Fund California: 99.97%
Virgin Islands: 0.03%
Delaware Tax-Free Colorado Fund Colorado: 96.52%
Puerto Rico: 1.40%
Guam: 1.65%
Virgin Islands: 0.38%
Other tax-free income: 0.05%
Delaware Tax-Free Idaho Fund Idaho: 93.49%
Puerto Rico: 1.65%
Guam: 3.45%
Virgin Islands: 1.19%
Other tax-free income: 0.22%
Delaware Minnesota High-Yield Municipal Bond Fund Minnesota: 99.69%
Guam: 0.31%
Delaware Tax-Free Minnesota Fund Minnesota: 99.38%
Guam: 0.32%
Virgin Islands: 0.30%
Delaware Tax-Free Minnesota Intermediate Fund Minnesota: 99.64%
Guam: 0.36%
Delaware Tax-Free New York Fund New York: 99.65%
Puerto Rico: 0.30%
Guam: 0.34%
Virgin Islands: 0.01%
Delaware Tax-Free Pennsylvania Fund Pennsylvania: 98.80%
Guam: 1.20%
Source: Delaware Funds by Macquarie

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.