497K 1 divpmc012024497k.htm
Delaware Funds by Macquarie®

Supplement to the current Summary and Statutory Prospectuses (as applicable) and
Statement of Additional Information (the “SAI”) for each Delaware Fund (each a “Fund” and together, the “Funds”)

1.
Fund Name Changes

Retail Funds

Effective on or about December 31, 2024, the name of each Fund listed below is changed as follows and each related reference is hereby replaced in the Fund’s applicable Prospectuses and SAI:

Current Name
New Name
Retail Funds
Delaware Climate Solutions Fund
Macquarie Climate Solutions Fund
Delaware Corporate Bond Fund
Macquarie Corporate Bond Fund
Delaware Diversified Income Fund
Macquarie Diversified Income Fund
Delaware Emerging Markets Debt Corporate Fund
Macquarie Emerging Markets Debt Corporate Fund
Delaware Emerging Markets Fund
Macquarie Emerging Markets Fund
Delaware Extended Duration Bond Fund
Macquarie Extended Duration Bond Fund
Delaware Floating Rate Fund
Macquarie Floating Rate Fund
Delaware Global Listed Real Assets Fund
Macquarie Global Listed Real Assets Fund
Delaware Growth and Income Fund
Macquarie Growth and Income Fund
Delaware Healthcare Fund
Macquarie Healthcare Fund
Delaware Investments Ultrashort Fund
Macquarie Ultrashort Fund
Delaware Ivy Asset Strategy Fund
Macquarie Asset Strategy Fund
Delaware Ivy Balanced Fund
Macquarie Balanced Fund
Delaware Ivy Core Equity Fund
Macquarie Core Equity Fund
Delaware Ivy Global Bond Fund
Macquarie Global Bond Fund
Delaware Ivy Global Growth Fund
Macquarie Global Growth Fund
Delaware Ivy High Income Fund
Macquarie High Income Fund
Delaware Ivy International Core Equity Fund
Macquarie International Core Equity Fund
Delaware Ivy Large Cap Growth Fund
Macquarie Large Cap Growth Fund
Delaware Ivy Mid Cap Growth Fund
Macquarie Mid Cap Growth Fund
Delaware Ivy Mid Cap Income Opportunities Fund
Macquarie Mid Cap Income Opportunities Fund
Delaware Ivy Multi-Asset Income Fund
Macquarie Multi-Asset Income Fund
Delaware Ivy Natural Resources Fund
Macquarie Natural Resources Fund
Delaware Ivy Science and Technology Fund
Macquarie Science and Technology Fund
Delaware Ivy Smid Cap Core Fund
Macquarie Smid Cap Core Fund
Delaware Ivy Systematic Emerging Markets Equity Fund
Macquarie Systematic Emerging Markets Equity Fund
Delaware Ivy Wilshire Global Allocation Fund
Macquarie Wilshire Global Allocation Fund
Delaware Limited-Term Diversified Income Fund
Macquarie Limited-Term Diversified Income Fund
Delaware Minnesota High-Yield Municipal Bond Fund
Macquarie Minnesota High-Yield Municipal Bond Fund
Delaware National High-Yield Municipal Bond Fund
Macquarie National High-Yield Municipal Bond Fund
Delaware Opportunity Fund
Macquarie Opportunity Fund
Delaware Real Estate Securities Fund
Macquarie Real Estate Securities Fund
Delaware Small Cap Core Fund
Macquarie Small Cap Core Fund
Delaware Small Cap Value Fund
Macquarie Small Cap Value Fund
Delaware Strategic Income Fund
Macquarie Strategic Income Fund


Current Name
New Name
Delaware Tax-Free Arizona Fund
Macquarie Tax-Free Arizona Fund
Delaware Tax-Free California Fund
Macquarie Tax-Free California Fund
Delaware Tax-Free Colorado Fund
Macquarie Tax-Free Colorado Fund
Delaware Tax-Free Idaho Fund
Macquarie Tax-Free Idaho Fund
Delaware Tax-Free Minnesota Fund
Macquarie Tax-Free Minnesota Fund
Delaware Tax-Free New York Fund
Macquarie Tax-Free New York Fund
Delaware Tax-Free Oregon Fund
Macquarie Tax-Free Oregon Fund
Delaware Tax-Free Pennsylvania Fund
Macquarie Tax-Free Pennsylvania Fund
Delaware Tax-Free USA Fund
Macquarie Tax-Free USA Fund
Delaware Tax-Free USA Intermediate Fund
Macquarie Tax-Free USA Intermediate Fund
Delaware Value Fund
Macquarie Value Fund
Delaware Wealth Builder Fund
Macquarie Wealth Builder Fund


Variable Insurance Product Funds

Effective the date of the applicable 2024 prospectus, the name of each Fund listed below is changed as follows and each related reference is hereby replaced in the Fund’s applicable Prospectuses and SAI:

Current Name
New Name
Delaware Ivy VIP Asset Strategy
Macquarie VIP Asset Strategy Series
Delaware Ivy VIP Balanced
Macquarie VIP Balanced Series
Delaware Ivy VIP Core Equity
Macquarie VIP Core Equity Series
Delaware Ivy VIP Corporate Bond
Macquarie VIP Corporate Bond Series
Delaware Ivy VIP Energy
Macquarie VIP Energy Series
Delaware Ivy VIP Global Growth
Macquarie VIP Global Growth Series
Delaware Ivy VIP Growth
Macquarie VIP Growth Series
Delaware Ivy VIP High Income
Macquarie VIP High Income Series
Delaware Ivy VIP International Core Equity
Macquarie VIP International Core Equity Series
Delaware Ivy VIP Limited-Term Bond
Macquarie VIP Limited-Term Bond Series
Delaware Ivy VIP Mid Cap Growth
Macquarie VIP Mid Cap Growth Series
Delaware Ivy VIP Natural Resources
Macquarie VIP Natural Resources Series
Delaware Ivy VIP Pathfinder Aggressive
Macquarie VIP Pathfinder Aggressive Series
Delaware Ivy VIP Pathfinder Conservative
Macquarie VIP Pathfinder Conservative Series
Delaware Ivy VIP Pathfinder Moderate
Macquarie VIP Pathfinder Moderate Series
Delaware Ivy VIP Pathfinder Moderately Aggressive
Macquarie VIP Pathfinder Moderately Aggressive Series
Delaware Ivy VIP Pathfinder Moderately Conservative
Macquarie VIP Pathfinder Moderately Conservative Series
Delaware Ivy VIP Pathfinder Moderately Aggressive – Managed Volatility
Macquarie VIP Pathfinder Moderately Aggressive - Managed Volatility Series
Delaware Ivy VIP Pathfinder Moderately Conservative – Managed Volatility
Macquarie VIP Pathfinder Moderately Conservative - Managed Volatility Series
Delaware Ivy VIP Pathfinder Moderate – Managed Volatility
Macquarie VIP Pathfinder Moderate - Managed Volatility Series
Delaware Ivy VIP Science and Technology
Macquarie VIP Science and Technology Series
Delaware Ivy VIP Smid Cap Core
Macquarie VIP Smid Cap Core Series
Delaware Ivy VIP Value
Macquarie VIP Value Series
Delaware VIP Emerging Markets Series
Macquarie VIP Emerging Markets Series
Delaware VIP Fund for Income Series
Macquarie VIP Fund for Income Series
Delaware VIP Growth and Income Series
Macquarie VIP Growth and Income Series
Delaware VIP Growth Equity Series Macquarie VIP Growth Equity Series
Delaware VIP Investment Grade Series Macquarie VIP Investment Grade Series

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Current Name
New Name
Delaware VIP Limited Duration Bond Series
Macquarie VIP Limited Duration Bond Series
Delaware VIP Opportunity Series
Macquarie VIP Opportunity Series
Delaware VIP Small Cap Value Series
Macquarie VIP Small Cap Value Series
Delaware VIP Total Return Series
Macquarie VIP Total Return Series

2.
Share Class Name Changes

The share class name for the share classes listed below for each applicable Fund will be changed as follows and each related reference is hereby replaced in the Fund’s applicable Prospectuses and SAI on the applicable effective date:

Current Name
New Name
Effective Date
Retail Funds
   
Class I
Institutional Class
On or about December 31, 2024
     
Variable Insurance Product Funds
   
Class I
Standard Class
Date of the applicable 2024 prospectus
Class II
Service Class
Date of the applicable 2024 prospectus


Because everyone’s tax situation is unique, you should consult your tax professional about federal, state, local, or foreign tax consequences before making an investment in a Fund or acting on a distribution check.

Delaware Management Company is an indirect wholly owned subsidiary of Macquarie Group Limited (MGL). None of the entities noted in this document is an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and the obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (Macquarie Bank). Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these entities. In addition, if this document relates to an investment (a) each investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group company guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment.

Please keep this Supplement for future reference.

This Supplement is dated January 17, 2024.
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