Today, Delaware Enhanced Global Dividend and Income Fund (the “Fund”), a New York Stock Exchange–listed closed-end fund trading under the symbol “DEX,” declares a monthly dividend of $0.0750 per share. The dividend is payable
Sept. 28, 2012, to shareholders of record at the close of business on Sept. 14, 2012. The ex-dividend date will be Sept. 12, 2012.
The $0.0750 per share monthly dividend represents a decrease of $0.0275 per share from the previously declared monthly dividend of $0.1025 per share. The continued low-yield environment across the asset classes which the Fund primarily invests in has negatively impacted the amount of income available to distribute to the Fund’s shareholders. Based on current market conditions, it is anticipated that this lower-yield environment will generally continue in the near term. Therefore, the monthly dividend for the Fund has been decreased as detailed above. The Fund continues to evaluate its monthly dividend in light of ongoing economic and market conditions and may take further action in the future.
The Fund's primary investment objective is to seek current income, with a secondary objective of capital appreciation. The Fund invests globally in dividend-paying or income-generating securities across multiple asset classes, including but not limited to: equity securities of large, well-established companies, securities issued by real estate companies (including real estate investment trusts and real estate industry operating companies), debt securities (such as government bonds, investment grade and high risk, high yield corporate bonds, and convertible bonds), and emerging market securities. The Fund also utilizes enhanced income strategies by engaging in dividend capture trading, option overwriting, and realization of gains on the sale of securities, dividend growth, and currency forwards.Under normal market conditions, the Fund will invest: (1) at most 60% of its net assets in securities of U.S. issuers; and (2) at least 40% of its net assets in securities of non-U.S. issuers, unless market conditions are not deemed favorable by the Manager, in which case, the Fund would invest at least 30% of its net assets in securities of non-U.S. issuers. In addition, the Fund utilizes leveraging techniques in an attempt to obtain higher return for the Fund. There is no assurance that the Fund will achieve its investment objectives.
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