Delaware Funds® by Macquarie Municipal Income Funds Announce Dividends
The Delaware Investments Colorado Municipal Income Fund (VCF), National Municipal Income Fund (VFL), and Minnesota Municipal Income Fund II (VMM) have declared their monthly income dividends. The declaration date is May 4, 2021, with an ex-date of May 20, 2021, and the record date is May 21, 2021. The payable date for the dividends is May 28, 2021. Dividends are set at $0.0400 for VCF, $0.0425 for VFL, and $0.0325 for VMM. Each fund aims to provide current income exempt from federal taxes while preserving capital.
- Dividends declared for all three funds, providing income to shareholders.
- Monthly dividend amounts: VCF at $0.0400, VFL at $0.0425, VMM at $0.0325.
- 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: |
05/04/2021 |
||
Ex-date: |
05/20/2021 |
||
Record date: |
05/21/2021 |
||
Payable date: |
05/28/2021 |
The dividend distributions are as follows:
FUND |
Dividend per
|
Delaware Investments Colorado
|
|
Delaware Investments National
|
|
Delaware Investments Minnesota
|
|
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.
View source version on businesswire.com: https://www.businesswire.com/news/home/20210504006317/en/
FAQ
What are the declared dividends for VCF, VFL, and VMM?
When is the payable date for the dividends?
What is the ex-date for the dividend declaration?
What is the purpose of the Delaware Income Funds?
