Dividend notice

If a Fund/Portfolio/Series makes a distribution from any source other than net income, it is required to provide shareholders with a notice disclosing the source of such distribution (each a "Notice"). The amounts and sources of distributions reported in each Notice are only estimates and are not provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and tax purposes will depend on a Fund's/Portfolio's/Series' investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund/Portfolio/Series will send each shareholder a Form 1099 DIV for the calendar year that will provide definitive information on how to report the Fund's/Portfolio's/Series' distributions for federal income tax purposes. The information in the attached Notices will not be updated to reflect any subsequent recharacterization of dividends and distributions.


Fund Dividend Payable Date Corresponding Notice on Source of Distribution
Healthcare 12/07/2015 December 2015
Healthcare 12/06/2016 December 2016
Global Real Estate Opportunities Fund 06/23/2017 June 2017
Global Real Estate Opportunities Fund 09/25/2017 September 2017
Global Real Estate Opportunities Fund 03/23/2018 March 2018
Global Real Estate Opportunities Fund 06/25/2018 June 2018
REIT 09/23/2015 September 2015
REIT 12/23/2015 December 2015
REIT 03/23/2016 March 2016
REIT 06/23/2016 June 2016
REIT 09/23/2016 September 2016
REIT 12/23/2016 December 2016
REIT 03/23/2017 March 2017
REIT 06/23/2017 June 2017
REIT 09/25/2017 September 2017
REIT 12/26/2017 December 2017
REIT 03/23/2018 March 2018
REIT 06/25/2018 June 2018
Fund Dividend Payable Date Corresponding Notice on Source of Distribution
Corporate Bond 11/23/2015 November 2015
Delaware Investments Ultrashort 11/23/2016 November 2016
Delaware Investments Ultrashort 11/24/2017 November 2017
Emerging Markets Debt 12/26/2017 December 2017
Extended Duration Bond 11/23/2015 November 2015
Tax-Free Minnesota 11/24/2017 November 2017
Tax-Free Minnesota Intermediate 11/23/2016 November 2016
Tax-Free Minnesota Intermediate 11/24/2017 November 2017
Tax-Free Pennsylvania 11/24/2017 November 2017
Tax-Free USA 11/23/2016 November 2016
Tax-Free USA Intermediate 11/23/2016 November 2016
Fund Dividend Payable Date Corresponding Notice on Source of Distribution
Asia Select 10/25/2017 October 2017
Focus Global Growth 12/23/2015 December 2015
International Small Cap 12/23/2016 December 2016
International Small Cap 12/26/2017 December 2017
Fund Dividend Payable Date Corresponding Notice on Source of Distribution
Foundation Conservative Allocation 12/23/2015 December 2015
Foundation Conservative Allocation 12/23/2016 December 2016
Foundation Conservative Allocation 06/23/2017 June 2017
Foundation Conservative Allocation 12/26/2017 December 2017
Foundation Conservative Allocation 07/26/2018 July 2018
Foundation Growth Allocation 12/23/2015 December 2015
Foundation Growth Allocation 12/23/2016 December 2016
Foundation Growth Allocation 06/23/2017 June 2017
Foundation Growth Allocation 12/07/2017 December 2017
Foundation Growth Allocation 12/15/2017 December 2017
Foundation Moderate Allocation 06/23/2016 June 2016
Foundation Moderate Allocation 12/23/2016 December 2016
Foundation Moderate Allocation 12/26/2017 December 2017
Foundation Moderate Allocation 06/25/2018 June 2018
Wealth Builder 12/14/2017 December 2017
Fund Dividend Payable Date Corresponding Notice on Source of Distribution
Mid Cap Value 12/23/2015 December 2015
Mid Cap Value 12/23/2016 December 2016
Mid Cap Value 12/26/2017 December 2017
Select Growth 12/07/2015 December 2015
Select Growth 12/06/2016 December 2016
Select Growth 12/06/2017 December 2017
Small Cap Core 12/23/2015 December 2015
Small Cap Core 12/23/2016 December 2016
Small Cap Core 12/26/2017 December 2017
Small Cap Growth 12/06/2016 December 2016
Small Cap Growth 12/06/2017 December 2017
Small Cap Value 12/23/2015 December 2015
Small Cap Value 12/26/2017 December 2017
Smid Cap Growth 12/07/2015 December 2015
Smid Cap Growth 12/06/2016 December 2016
Smid Cap Growth 12/06/2017 December 2017
U.S. Growth 12/23/2015 December 2015
U.S. Growth 12/23/2016 December 2016
U.S. Growth 12/26/2017 December 2017
Value 12/23/2015 December 2015
Value 12/23/2016 December 2016
Value 12/26/2017 December 2017