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VMM - VMM STOCK NEWS

Welcome to our dedicated page for VMM news (Ticker: VMM), a resource for investors and traders seeking the latest updates and insights on VMM stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect VMM's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of VMM's position in the market.

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The Delaware Investments National Municipal Income Fund (VFL) has completed the acquisition of substantially all assets of the Delaware Investments Colorado Municipal Income Fund (VCF) and the Delaware Investments Minnesota Municipal Income Fund (VMM) as of February 14, 2022. The acquisition, approved by shareholders in late 2021, was structured as tax-free and involves a conversion ratio for existing preferred shares. This consolidation aims to streamline operations and enhance returns through leveraging, with current assets for the National Muni Fund valued at approximately $300.75 million.

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Delaware Investments National Municipal Income Fund (NYSE: VFL) has declared a monthly distribution of $0.0450 per share, payable on February 25, 2022, to shareholders of record by February 18, 2022. The fund aims to provide income exempt from federal income tax while preserving capital. In a significant acquisition plan, VFL will acquire assets from the Colorado Municipal Income Fund (NYSE: VCF) and Minnesota Municipal Income Fund (NYSE: VMM), with the transaction expected to close on February 11, 2022. Following the acquisition, both VCF and VMM will be dissolved.

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Rhea-AI Summary

Delaware Investments Colorado Municipal Income Fund (VCF) and Delaware Investments Minnesota Municipal Income Fund II (VMM) announced final distributions due on February 4, 2022 to shareholders of record on February 1, 2022.

Distributions will consist of undistributed tax-exempt interest income, ordinary income, and capital gain net income. The funds will be dissolved following an acquisition by Delaware Investments National Municipal Income Fund (VFL), approved on October 11, 2021. The transaction is expected to close on February 11, 2022.

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On January 7, 2022, Delaware Investments announced monthly income dividends for three municipal income funds: Delaware Investments Colorado Municipal Income Fund (VCF), Delaware Investments National Municipal Income Fund (VFL), and Delaware Investments Minnesota Municipal Income Fund II (VMM). The dividends are $0.0425 for VCF, $0.0450 for VFL, and $0.0350 for VMM. Relevant dates include declaration on January 7, ex-date on January 20, record date on January 21, and payable date on January 28, 2022. Each fund aims to provide tax-exempt income while preserving capital.

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The Boards of Trustees of Delaware Investments National Municipal Income Fund (VFL) and its affiliated funds, Colorado Municipal Income Fund (VCF) and Minnesota Municipal Income Fund (VMM), announced the acquisition's closing on February 11, 2022, at 5:00 PM EDT. This tax-free transaction follows shareholder approval from the joint meeting held on October 11, 2021. Prior to the acquisition, the funds will distribute nearly all undistributed tax-exempt interest and capital gains, payable on February 4, 2022, to shareholders of record as of February 1, 2022.

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Delaware Investments Colorado Municipal Income Fund (VCF), National Municipal Income Fund (VFL), and Minnesota Municipal Income Fund II (VMM) are set to undergo reorganizations, with VCF and VMM merging into VFL. These reorganizations are anticipated to complete in early 2022, pending shareholder approval and customary closing conditions. Shareholders are advised to review forthcoming Proxy Statements for detailed information regarding investment objectives, risks, charges, and expenses. The announcement emphasizes the focus on preserving capital while providing current income exempt from federal income tax.

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On August 3, 2021, three municipal income funds, Delaware Investments Colorado Municipal Income Fund (VCF), Delaware Investments National Municipal Income Fund (VFL), and Delaware Investments Minnesota Municipal Income Fund II (VMM), declared their monthly income dividends. VCF will pay $0.0425 per share, VFL will pay $0.0450, and VMM will pay $0.0350. Key dates include the ex-date on August 19, 2021, and the payable date on August 27, 2021. The funds aim to provide tax-exempt income while preserving capital and utilize leveraging techniques to enhance returns.

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Three municipal income funds managed by Macquarie Investment Management have announced their monthly income dividends. The funds include Delaware Investments Colorado Municipal Income Fund (VCF), Delaware Investments National Municipal Income Fund (VFL), and Delaware Investments Minnesota Municipal Income Fund II (VMM). Key dates are: Declaration on 07/02/2021, Ex-date on 07/22/2021, Record date on 07/23/2021, and Payable date on 07/30/2021. Dividends per share are $0.0425 for VCF, $0.0450 for VFL, and $0.0350 for VMM.

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Rhea-AI Summary

Three municipal income funds managed by Macquarie Investment Management have announced their monthly income dividends. Delaware Investments Colorado Municipal Income Fund (VCF) will distribute $0.0425 per share, Delaware Investments National Municipal Income Fund (VFL) will distribute $0.0450, and Delaware Investments Minnesota Municipal Income Fund II (VMM) will distribute $0.0350. The declaration date is June 2, 2021, with an ex-date of June 17, 2021, and the payable date set for June 25, 2021. These funds focus on providing tax-exempt income while preserving capital.

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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.

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