Delaware Investments® Dividend And Income Fund, Inc. And Delaware Enhanced Global Dividend And Income Fund Announce Investment Policy Change
Today, Delaware Investments Dividend and Income Fund, Inc. (NYSE: DDF)
(“DDF”) and Delaware Enhanced Global Dividend and Income Fund (NYSE:
DEX) (“DEX”) announced a change to their investment policies...
Today, Delaware Investments Dividend and Income Fund, Inc. (NYSE: DDF) (“DDF”) and Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) (“DEX”) announced a change to their investment policies regarding swap counterparties. Effective immediately, the Funds will not be permitted to enter into any swap transaction unless, at the time of entering into such transaction, the unsecured long-term debt of the actual counterparty, combined with any credit enhancements, is rated at least BBB- by S&P or Baa3 by Moody’s or is determined to be of equivalent credit quality by the Manager. Each Fund is a closed-end fund managed by Delaware Management Company, a series of Delaware Management Business Trust. The investment objective of DDF is to provide high current income. Capital appreciation is a secondary objective of the Fund. The investment objective of DEX is to seek current income, with a secondary objective of capital appreciation. Each Fund has the ability to utilize leveraging techniques in an attempt to obtain a higher return for the Fund. . About Delaware Investments Delaware Investments, a member of Macquarie Group, is a global asset management firm that offers a wide variety of equity and fixed income solutions for individual and institutional investors. Through teams of disciplined and talented investment professionals, the firm is committed to delivering long-term, consistent performance. In an ever-changing global marketplace, Delaware Investments, with more than US $170 billion in assets under management as of March 31, 2012, has helped its clients move steadily forward for more than 80 years. Delaware Investments is supported by the resources of Macquarie Group (ASX: MQG; ADR: MQBKY), a global provider of asset management, investment, banking, financial and advisory services with approximately US $339 billion in assets under management as of March 31, 2012. Delaware Investments is the marketing name for Delaware Management Holdings, Inc. and its subsidiaries. Advisory services provided by Delaware 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 Investments, visit www.delawareinvestments.com or call 800 523-1918. Investments in the Funds are not and will not be deposits with or liabilities of Macquarie Bank Limited ABN 46 008 583 542 and its holding companies, including their subsidiaries or related companies (the "Macquarie Group"), and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. No Macquarie Group company guarantees or will guarantee the performance of the Funds, the repayment of capital from the Funds, or any particular rate of return.