Delaware Funds® by Macquarie Municipal Income Funds Announce Dividends

Rhea-AI Summary

Three municipal income funds managed by Macquarie Investment Management have announced their monthly income dividends for January 2021. The Delaware Investments Colorado Municipal Income Fund (VCF) will distribute $0.0400 per share, the Delaware Investments National Municipal Income Fund (VFL) will distribute $0.0425 per share, and the Delaware Investments Minnesota Municipal Income Fund II (VMM) will distribute $0.0325 per share. Key dates include the declaration date on January 5, the ex-date on January 21, the record date on January 22, and the payment date on January 29.

Positive

• Monthly income dividends announced for three funds; Colorado Fund (VCF) at $0.0400, National Fund (VFL) at $0.0425, Minnesota Fund (VMM) at $0.0325 per share.
• Dividends provide tax-exempt income, attracting investors seeking stable returns.

Negative

• None.

Today, the following three municipal income funds, all closed-end management investment companies, declare their monthly income dividends: Delaware Investments Colorado Municipal Income Fund, Inc.; Delaware Investments National Municipal Income Fund; and Delaware Investments Minnesota Municipal Income Fund II, Inc. (together, the “Funds”). The investment objective of Delaware Investments Colorado Municipal Income Fund, Inc. and Delaware Investments Minnesota Municipal Income Fund II, Inc. is to provide current income exempt from federal income tax and from the personal income tax of its state, if any, consistent with the preservation of capital. The investment objective of Delaware Investments National Municipal Income Fund is to provide current income exempt from regular federal income tax consistent with the preservation of capital. In addition, each Fund has the ability to use leveraging techniques in an attempt to obtain a higher return for the Fund. Currently, each Fund has outstanding a series of variable-rate preferred shares as leverage.

The following dates apply to the above dividend announcement:

Declaration date:				01/05/2021
Ex-date:				01/21/2021
Record date:				01/22/2021
Payable date:				01/29/2021

The dividend distributions are as follows:

FUND		Dividend per share
Delaware Investments Colorado Municipal Income Fund, Inc. (VCF)		$0.0400
Delaware Investments National Municipal Income Fund (VFL)		$0.0425
Delaware Investments Minnesota Municipal Income Fund II, Inc. (VMM)		$0.0325

About Macquarie Investment Management

Macquarie Investment Management, a member of Macquarie Group, is a global asset manager with offices in the United States, Europe, Asia, and Australia. As active managers, we prioritize autonomy and accountability at the team level in pursuit of opportunities that matter for clients. Macquarie Investment Management is supported by the resources of Macquarie Group (ASX: MQG; ADR: MQBKY), a global provider of asset management, investment, banking, financial and advisory services.

Advisory services are provided by Macquarie Investment Management Business Trust, a registered investment advisor. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide. For more information about Delaware Funds^® by Macquarie, visit delawarefunds.com or call 800 523-1918.

Other than Macquarie Bank Limited (MBL), none of the entities referred to in this document are authorized deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of MBL, a subsidiary of Macquarie Group Limited and an affiliate of Macquarie Investment Management. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise.

© 2021 Macquarie Management Holdings, Inc.

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FAQ

What are the dividend amounts for VCF, VFL, and VMM?

The Delaware Investments Colorado Municipal Income Fund (VCF) will distribute $0.0400, the Delaware Investments National Municipal Income Fund (VFL) will distribute $0.0425, and the Delaware Investments Minnesota Municipal Income Fund II (VMM) will distribute $0.0325 per share.

When is the ex-dividend date for VCF, VFL, and VMM?

The ex-dividend date for all three funds is January 21, 2021.

What are the record and payable dates for the dividends?

The record date is January 22, 2021, and the payable date is January 29, 2021.

What types of income do these funds provide?

The funds aim to provide current income exempt from federal and state personal income tax while preserving capital.

Who manages these municipal income funds?

Macquarie Investment Management manages the Delaware Investments municipal income funds.