DEFA14A 1 defa14a062023.htm



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 14A

Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
(Amendment No. __)

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Check the appropriate box:

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Preliminary Proxy Statement
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Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
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Definitive Proxy Statement
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Definitive Additional Materials
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Soliciting Material Pursuant to Sec. 240.14a-12

Ivy Funds
(Name of Registrant as Specified In Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

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[   ] 2023

Delaware Ivy Municipal High Income Fund
Delaware Ivy Limited-Term Bond Fund
Delaware Ivy Strategic Income Fund
Delaware Ivy Corporate Bond Fund
(each, an “Acquired Fund”)

Important information for advisors with clients invested in the above-referenced funds

Your clients are investors or were investors as of the record date of April 10, 2023, in one or more of the above Acquired Funds. They are being asked to consider and approve a Plan of Reorganization (“Plan”) in which each Acquired Fund will be reorganized into a corresponding Delaware Fund with similar objectives and strategies. There is an adjourned Special Meeting of Shareholders (“Meeting”) to be held on August 10, 2023, where shareholders will vote on the Plan for each Acquired Fund. Shareholders as of the record date are entitled to notice of and to vote at the Meeting. Your clients, including those investors on LPL’s Trac platform, should have received a proxy statement and proxy card(s) in the mail or a proxy communication by email. It is important that your clients exercise their right to vote on this initiative. Once your clients vote, they should not receive any further communications encouraging them to vote.
Please note that if shareholders approve the Plan, each Acquired Fund will have NO increase in total expense ratio.1
If you are contacted by your clients, please advise them that there are three ways in which they can cast their vote. The following instructions are also provided on their proxy card or in their proxy email communication:

Mail: Complete, sign, and date the proxy card and return it in the prepaid envelope.

Online: Go to proxyvotenow.com/del-ivy2023 and follow the instructions.

Phone: Call toll free 833 459-3558 and follow the voice prompts.

If you have authority to vote on behalf of your clients, please review the proxy statement and vote through your internal voting process. The proxy statement for the Meeting is available at proxyvotinginfo.com/p/delawareivy2023.

Lastly, we have hired Morrow Sodali Fund Solutions (“MSFS”), a proxy solicitation firm. Your clients may receive a phone call from an MSFS representative and additional mailings with proxy cards until they vote.

If you have any questions or need assistance regarding the Meeting, please contact MSFS at 833 459-3558.




1. Class C shares of Delaware National High-Yield Municipal Bond Fund will have an increase of 0.02% of its total expense ratio.