0001752724-20-107248.txt : 20200528 0001752724-20-107248.hdr.sgml : 20200528 20200528122840 ACCESSION NUMBER: 0001752724-20-107248 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200331 FILED AS OF DATE: 20200528 PERIOD START: 20201231 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DELAWARE GROUP LIMITED-TERM GOVERNMENT FUNDS CENTRAL INDEX KEY: 0000357059 IRS NUMBER: 232448704 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-03363 FILM NUMBER: 20919192 BUSINESS ADDRESS: STREET 1: ONE COMMERCE SQUARE STREET 2: 2005 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 18005231918 MAIL ADDRESS: STREET 1: ONE COMMERCE SQUARE STREET 2: 2005 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: DELAWARE GROUP LIMITED TERM GOVERNMENT FUNDS DATE OF NAME CHANGE: 19991223 FORMER COMPANY: FORMER CONFORMED NAME: DELAWARE GROUP LIMITED TERM GOVERNMENT FUNDS INC DATE OF NAME CHANGE: 19950828 FORMER COMPANY: FORMER CONFORMED NAME: DELAWARE GROUP TREASURY RESERVES INC DATE OF NAME CHANGE: 19920703 0000357059 S000065933 Delaware Tax-Free California II Fund C000212979 Institutional Class FICJX C000212980 Class R6 FICLX C000212981 Class A FICAX NPORT-P 1 primary_doc.xml NPORT-P false 0000357059 XXXXXXXX S000065933 C000212980 C000212981 C000212979 Delaware Group Limited-Term Government Funds 811-03363 0000357059 549300TW15BLCQFHDO16 ONE COMMERCE SQUARE 2005 MARKET STREET Philadelphia 19103 800-523-1918 Delaware Tax-Free California II Fund S000065933 549300MPWV1GBMPUIW40 2020-12-31 2020-03-31 N 39419574.02 228617.39 39190956.63 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 209901.21000000 USD N SAN FRANCISCO CALIF CITY &CNTY 54930055TIDYHNDP4F84 San Francisco City & County Airport Comm-San Francisco International Airport 79766DLU1 1000000.00000000 PA 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High School District 152339KW6 500000.00000000 PA USD 526775.00000000 1.344123862485 Long DBT MUN US N 2 2031-08-01 Fixed 5.00000000 N N N N N N CALIFORNIA ST MUNI FIN AUTH RE 5493000UQOV6R4ZWS346 California Municipal Finance Authority 13048T6C2 1000000.00000000 PA USD 1156330.00000000 2.950502104138 Long DBT MUN US N 2 2032-01-01 Fixed 5.00000000 N N N N N N 2020-05-22 Delaware Group Limited-Term Government Funds Dan Geatans Dan Geatans Associate Director Head of US and EMEA Fund Administration XXXX NPORT-EX 2 AFIB0DETaxFreeCaliforniaIIFd.htm fib_del-tfciif.htm - Generated by SEC Publisher for SEC Filing

Schedule of investments

Delaware Tax-Free California II Fund March 31, 2020 (Unaudited)

    Principal amount°    Value (US $) 
Municipal Bonds – 97.91%        
Corporate Revenue Bonds - 4.47%        
California Pollution Control Financing Authority Revenue        
(CalPlant I Project) 144A 8.00% 7/1/39 (AMT) #   300,000  $  164,445 
Golden State Tobacco Securitization Settlement Revenue        
(Asset-Backed) Series A-2 5.00% 6/1/47   400,000    384,924 
(Capital Appreciation - Asset-Backed-1st Subordinate)        
Series B 1.068% 6/1/47 ^   720,000    128,361 
Inland Empire Tobacco Securitization        
(Asset-Backed) Series F 144A 1.696% 6/1/57 #^   10,785,000    307,265 
Tobacco Securitization Authority of Southern California        
(Asset-Backed-2nd Subordinate Lien) Series C 0.558%        
6/1/46 ^  3,905,000    575,480 
(Asset-Backed-3rd Subordinate Lien) Series D 0.307%        
6/1/46 ^  1,455,000    191,827 
        1,752,302 
Education Revenue Bonds - 17.77%        
California Educational Facilities Authority Revenue        
(Stanford University) 5.25% 4/1/40   1,100,000    1,650,176 
California Municipal Finance Authority        
(Emerson College Issue) Series B 5.00% 1/1/32   1,000,000    1,156,330 
(Julian Charter School Project) Series A 144A 5.625%        
3/1/45 #  250,000    233,063 
California Public Finance Authority Educational Facilities        
Revenue        
(Trinity Classical Academy Project) Series A 144A 5.00%        
7/1/44 #  350,000    323,607 
California School Finance Authority        
(Arts in Action Charter Schools- Obligated Group)        
Series A 144A 5.00% 6/1/50 #   605,000    606,403 
Series A 144A 5.00% 6/1/59 #   600,000    593,850 
(ICEF - View Park Elementary and Middle Schools)        
Series A 5.625% 10/1/34   300,000    312,117 
Series A 5.875% 10/1/44   300,000    309,726 
(Inspire Charter Schools) Series B 144A 3.00%        
7/15/20 #  300,000    300,165 
California Statewide Communities Development Authority        
College Housing Revenue        
(NCCD - Hooper Street LLC - California College of the        
Arts Project) 144A 5.25% 7/1/52 #   550,000    560,851 
California Statewide Communities Development Authority        
Student Housing Revenue        
(Provident Group - Pomona Properties LLC Project)        
Series A 144A 5.75% 1/15/45 #   300,000    310,410 

 

NQ-FIB [2/20] 5/20 (1178132) 1

 

Schedule of investments

Delaware Tax-Free California II Fund (Unaudited)

  Principal amount°    Value (US $) 
Municipal Bonds (continued)       
Education Revenue Bonds (continued)       
University of California       
Series AZ 5.00% 5/15/43  500,000  $  608,220 
      6,964,918 
Electric Revenue Bonds - 4.19%       
Los Angeles Department of Water & Power Revenue       
(Power System Revenue) Series A 5.00% 7/1/42  1,000,000    1,181,500 
Puerto Rico Electric Power Authority Revenue       
Series A 6.75% 7/1/36 ‡  185,000    135,050 
Series TT 5.00% 7/1/32 ‡  340,000    241,400 
Series XX 5.25% 7/1/40 ‡  120,000    85,500 
      1,643,450 
Healthcare Revenue Bonds - 3.70%       
California Health Facilities Financing Authority Revenue       
(Sutter Health) Series A 5.00% 8/15/43  1,000,000    1,129,320 
California Statewide Communities Development Authority       
Revenue       
(Loma Linda University Medical Center) Series A 144A       
5.25% 12/1/56 #  300,000    319,578 
      1,448,898 
Housing Revenue Bonds - 3.08%       
California Community Housing Agency       
(Annadel Apartments) Series A 144A 5.00% 4/1/49 #  300,000    303,246 
California Housing Finance Agency       
Series 2 4.00% 3/20/33  498,146    529,330 
Independent Cities Finance Authority, California       
Series A 5.25% 5/15/49  350,000    374,682 
      1,207,258 
Lease Revenue Bonds - 9.46%       
California Municipal Finance Authority       
(Orange County Civic Center Infrastructure Improvement       
Program - Phase II) 5.00% 6/1/43  750,000    911,160 
California State Public Works Board Lease Revenue       
(Various Capital Projects) Series I 5.50% 11/1/30  1,000,000    1,144,590 
(Various Judicial Council Projects) Series D 5.00%       
12/1/29  500,000    532,140 
Golden State Tobacco Securitization Settlement Revenue       
(Asset-Backed) Series A 5.00% 6/1/45  1,000,000    1,121,920 
      3,709,810 
Local General Obligation Bonds - 10.77%       
Fresno Unified School District       
(Election 2016) Series A 5.00% 8/1/41  1,000,000    1,177,130 

 

2 NQ-FIB [2/20] 5/20 (1178132)

 

(Unaudited)

  Principal amount°    Value (US $) 
Municipal Bonds (continued)       
Local General Obligation Bonds (continued)       
Los Angeles Unified School District       
(Election 2008) Series A 5.00% 7/1/40  1,000,000  $  1,147,180 
Moreno Valley Unified School District       
(Election 2014) Series B 5.00% 8/1/43 (AGM)  500,000    610,900 
Natomas Unified School District       
(1999 Refunding) 5.95% 9/1/21 (NATL)  130,000    135,252 
New Haven Unified School District       
(Election 2014) Series A 5.00% 8/1/40  1,000,000    1,151,980 
      4,222,442 
Pre-Refunded Bonds - 1.37%       
California Educational Facilities Authority Revenue       
(Harvey Mudd College) 5.25% 12/1/31-21 §  500,000    535,055 
      535,055 
Pre-Refunded/Escrowed to Maturity Bonds - 8.33%       
Bay Area, California Toll Authority       
(San Francisco Bay Area) Series S4 5.00% 4/1/32-23 §  1,000,000    1,116,880 
California State Public Works Board Lease Revenue       
(Trustees of the California State University) Series E       
5.00% 9/1/33-22 §  1,000,000    1,095,910 
Centinela Valley Union High School District       
(Election 2010) Series A 5.00% 8/1/31-21 §  500,000    526,775 
San Joaquin County Transportation Authority       
(Limited Tax - Measure K) Series A 5.75% 3/1/28-21 §  250,000    260,445 
West Contra Costa Unified School District (2010 Election)       
Series A 5.25% 8/1/32-21 (AGM) §  250,000    264,210 
      3,264,220 
Special Tax Revenue Bonds - 8.35%       
Puerto Rico Sales Tax Financing Revenue       
(Restructured)       
Series A-1 4.75% 7/1/53  1,035,000    977,205 
Series A-1 5.00% 7/1/58  315,000    307,109 
Series A-2 4.329% 7/1/40  250,000    230,273 
Series A-2 4.329% 7/1/40  115,000    105,925 
Sacramento Transient Occupancy Tax Revenue       
(Convention Center Complex) Series A 5.00% 6/1/38  1,200,000    1,429,164 
Virgin Islands Public Finance Authority Revenue       
(Matching Fund Loan Senior Lien)       
Series A 4.00% 10/1/22  130,000    127,591 
Series A 5.00% 10/1/29  100,000    96,959 
      3,274,226 

 

NQ-FIB [2/20] 5/20 (1178132) 3

 

Schedule of investments

Delaware Tax-Free California II Fund (Unaudited)

  Principal amount°    Value (US $) 
Municipal Bonds (continued)       
State General Obligation Bonds - 10.29%       
California State       
(Various Purposes)       
5.00% 9/1/31  1,000,000  $  1,122,550 
5.00% 4/1/37  2,000,000    2,209,940 
Commonwealth of Puerto Rico       
(General Obligation) Series A 8.00% 7/1/35 ‡  270,000    162,675 
(Public Improvement)       
Series A 5.00% 7/1/24 ‡  80,000    54,600 
Series A 5.00% 7/1/41 ‡  125,000    76,250 
Series A 5.25% 7/1/34 ‡  65,000    43,063 
Series A 5.375% 7/1/33 ‡  135,000    91,969 
Series B 5.75% 7/1/38 ‡  180,000    120,600 
Series C 6.00% 7/1/39 ‡  165,000    112,200 
(Unrefunded Balance - Public Improvement) Series B       
5.00% 7/1/35 ‡  55,000    37,537 
      4,031,384 
Transportation Revenue Bonds - 16.13%       
Bay Area, California Toll Authority       
(San Francisco Bay Area) Series S-H 5.00% 4/1/44  1,500,000    1,853,640 
Port Authority of Guam Revenue       
Series A 5.00% 7/1/48  375,000    363,540 
San Francisco City & County Airports Commission       
(San Francisco International Airport) Series A 5.00%       
5/1/34 (AMT)  1,000,000    1,191,110 
San Francisco Municipal Transportation Agency Revenue       
5.00% 3/1/32  1,000,000    1,072,690 
San Jose, California Airport Revenue       
Series B 5.00% 3/1/36  575,000    676,942 
Series B 5.00% 3/1/42  1,000,000    1,163,770 
      6,321,692 
Total Municipal Bonds (cost $36,979,840)      38,375,655 
 
Short-Term Investment – 0.89%       
Variable Rate Demand Note - 0.89%¤       
California State 0.50% 5/1/34 (LOC - State Street Bank       
and Trust) •  350,000    350,000 
Total Short-Term Investment (cost $350,000)      350,000 

 

4 NQ-FIB [2/20] 5/20 (1178132)

 

(Unaudited)

  Total Value of Securities – 98.80%     
  (cost $37,329,840)  $  38,725,655 
 
  Receivables and Other Assets Net of Liabilities – 1.20%    471,696 
  Net Assets Applicable to 3,174,800 Shares Outstanding – 100.00%  $  39,197,351 
 
#  Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. 
  At March 31, 2020, the aggregate value of Rule 144A securities was $4,022,883, which represents 
  10.26% of the Fund’s net assets.     
¤  Tax-exempt obligations that contain a floating or variable interest rate adjustment formula and an 
  unconditional right of demand to receive payment of the unpaid principal balance plus accrued 
  interest upon a short notice period (generally up to 30 days) prior to specified dates either from the 
  issuer or by drawing on a bank letter of credit, a guarantee, or insurance issued with respect to such 
  instrument. Each rate shown is as of March 31, 2020.     
§  Pre-refunded bonds. Municipal bonds that are generally backed or secured by US Treasury bonds. 
  For pre-refunded bonds, the stated maturity is followed by the year in which the bond will be 
  pre-refunded.     
°  Principal amount shown is stated in USD unless noted that the security is denominated in another 
  currency.     
‡  Non-income producing security. Security is currently in default.     
•  Variable rate investment. Rates reset periodically. Rate shown reflects the rate in effect at   
  March 31, 2020. For securities based on a published reference rate and spread, the reference rate 
  and spread are indicated in their description above. The reference rate descriptions (i. e. LIBOR03M, 
  LIBOR06M, etc. ) used in this report are identical for different securities, but the underlying reference 
  rates may differ due to the timing of the reset period. Certain variable rate securities are not based on 
  a published reference rate and spread but are determined by the issuer or agent and are based on 
  current market conditions, or for mortgage-backed securities, are impacted by the individual 
  mortgages which are paying off over time. These securities do not indicate a reference rate and 
  spread in their description above.     
^  Zero-coupon security. The rate shown is the effective yield at the time of purchase.     
 
Summary of abbreviations:     
AGM – Insured by Assured Guaranty Municipal Corporation     
AMT – Subject to Alternative Minimum Tax     
ICE – Intercontinental Exchange     
ICEF – Inner City Education Foundation     
LIBOR – London interbank offered rate     
LIBOR03M – ICE LIBOR USD 3 Month     
LIBOR06M – ICE LIBOR USD 6 Month     
LLC – Limited Liability Corporation     
LOC – Letter of Credit     
NATL – Insured by National Public Finance Guarantee Corporation     

 

NQ-FIB [2/20] 5/20 (1178132) 5

 

Schedule of investments

Delaware Tax-Free California II Fund (Unaudited)

Summary of abbreviations (continued): 
NCCD – National Campus and Community Development 
USD – US Dollar 

 

6 NQ-FIB [2/20] 5/20 (1178132)