NPORT-EX 2 AIV9250DEL123122.htm
Schedule of investments
Delaware Sustainable Equity Income Fund 
December 31, 2022 (Unaudited)
    Number of
shares 		Value (US $)
Common Stocks — 102.87%
Communication Services — 8.24%
Alphabet Class C †   11,510 $  1,021,282
AT&T    45,950      845,939
Comcast Class A    25,100      877,747
Interpublic Group    13,350      444,689
Meta Platforms Class A †    8,670    1,043,348
Netflix †    1,470      433,474
Omnicom Group     7,430      606,065
Paramount Global Class B    20,670      348,910
T-Mobile US †    3,480      487,200
Verizon Communications    28,770    1,133,538
Walt Disney †    8,640     750,643
    7,992,835
Consumer Discretionary — 5.70%
eBay    10,090      418,432
Ford Motor    33,180      385,883
Hilton Worldwide Holdings     3,280      414,461
Lear     3,100      384,462
Lowe's     2,090      416,412
McDonald's     4,020    1,059,391
Starbucks     6,500      644,800
Tapestry    12,190      464,195
Target     3,760      560,390
Whirlpool     2,760      390,430
Yum! Brands     3,090     395,767
    5,534,623
Consumer Staples — 7.82%
Archer-Daniels-Midland     4,820      447,537
Coca-Cola    10,800      686,988
Conagra Brands    11,220      434,214
General Mills     6,650      557,602
Hormel Foods     8,760      399,018
Ingredion     4,040      395,637
J M Smucker     3,200      507,072
Keurig Dr Pepper    12,540      447,176
PepsiCo     2,610      471,523
Procter & Gamble     9,500    1,439,820
Walgreens Boots Alliance    10,520      393,027
Walmart     9,940   1,409,393
    7,589,007
Energy — 7.87%
Baker Hughes    46,410    1,370,487
Hess    17,590    2,494,614
Pioneer Natural Resources     9,780    2,233,654
Schlumberger    28,820   1,540,717
    7,639,472
Financials — 20.20%
Aflac     6,220      447,467
American Express     5,030      743,182
NQ-IV925 [12/22] 2/23 (2747688)    1
Schedule of investments
Delaware Sustainable Equity Income Fund   (Unaudited)
    Number of
shares 		Value (US $)
Common Stocks (continued)
Financials (continued)
American International Group     7,380 $    466,711
Arthur J Gallagher & Co.     2,580      486,433
Bank of America    43,400    1,437,408
Bank of New York Mellon     8,740      397,845
BlackRock     1,120      793,666
Capital One Financial     4,320      401,587
Chubb     2,410      531,646
Fifth Third Bancorp    33,780    1,108,322
Goldman Sachs Group     3,110    1,067,912
JPMorgan Chase & Co.    19,430    2,605,563
KeyCorp    54,290      945,732
Lazard Class A    10,540      365,422
MetLife    10,240      741,069
Moody's     1,790      498,730
Morgan Stanley     8,480      720,970
MSCI       790      367,484
Nasdaq     6,420      393,867
Northern Trust     4,680      414,133
Popular     9,360      620,755
Principal Financial Group     4,490      376,801
Prudential Financial     7,740      769,820
S&P Global     2,650      887,591
State Street     4,950      383,971
Synchrony Financial    13,620      447,553
T Rowe Price Group     3,270      356,626
US Bancorp    18,770     818,560
   19,596,826
Healthcare — 18.24%
Abbott Laboratories    10,710    1,175,851
Becton Dickinson and Co.     2,870      729,841
Boston Scientific †   15,410      713,021
Bristol-Myers Squibb    14,880    1,070,616
Centene †    6,640      544,546
Cigna     2,210      732,261
CVS Health     8,450      787,456
Danaher     3,710      984,708
Elevance Health     1,120      574,526
Eli Lilly & Co.     1,360      497,542
Gilead Sciences     9,930      852,491
Johnson & Johnson    15,420    2,723,943
Medtronic    12,160      945,075
Merck & Co.    10,510    1,166,085
Moderna †    2,340      420,311
Pfizer    34,590    1,772,392
Regeneron Pharmaceuticals †      580      418,464
Thermo Fisher Scientific     2,040    1,123,408
UnitedHealth Group       880     466,558
   17,699,095
2    NQ-IV925 [12/22] 2/23 (2747688)
(Unaudited)
    Number of
shares 		Value (US $)
Common Stocks (continued)
Industrials — 10.82%
3M     5,650 $    677,548
Boeing †    2,230      424,793
CSX    16,870      522,633
Cummins     2,230      540,307
Eaton     4,400      690,580
Emerson Electric     6,260      601,336
General Electric     6,060      507,767
Honeywell International     3,700      792,910
Ingersoll Rand     8,310      434,197
Johnson Controls International     6,560      419,840
Norfolk Southern     2,580      635,764
Northrop Grumman       930      507,417
PACCAR     6,050      598,768
Raytheon Technologies    10,620    1,071,770
Republic Services     4,110      530,149
Trane Technologies     2,370      398,373
Uber Technologies †   14,820      366,499
United Parcel Service Class B     2,210      384,186
Xylem     3,540     391,418
   10,496,255
Information Technology — 8.73%
Advanced Micro Devices †    5,560      360,121
Amdocs     5,700      518,130
Analog Devices     4,700      770,941
Cisco Systems    31,600    1,505,424
Cognizant Technology Solutions Class A    10,130      579,335
Corning    11,970      382,322
GoDaddy Class A †    5,490      410,762
Hewlett Packard Enterprise    28,960      462,202
Intel    30,700      811,401
International Business Machines     4,440      625,551
Juniper Networks    12,960      414,202
Marvell Technology    10,590      392,254
PayPal Holdings †    6,310      449,398
Salesforce †    5,950     788,910
    8,470,953
Materials — 4.28%
Amcor    32,430      386,241
Corteva     9,730      571,929
Dow     7,850      395,562
DuPont de Nemours     5,900      404,917
International Flavors & Fragrances     3,770      395,247
International Paper    11,390      394,436
LyondellBasell Industries Class A     4,800      398,544
Mosaic     8,560      375,527
Newmont     8,650      408,280
Sonoco Products     7,010     425,577
    4,156,260
NQ-IV925 [12/22] 2/23 (2747688)    3
Schedule of investments
Delaware Sustainable Equity Income Fund   (Unaudited)
    Number of
shares 		Value (US $)
Common Stocks (continued)
Real Estate — 1.39%
Iron Mountain     7,660 $    381,851
Rexford Industrial Realty    10,220      558,421
SL Green Realty    12,040     405,989
    1,346,261
REIT Diversified — 0.77%
Digital Realty Trust     3,600      360,972
Weyerhaeuser    12,450     385,950
      746,922
REIT Healthcare — 0.41%
Welltower     6,090     399,200
      399,200
REIT Industrial — 0.92%
Prologis     7,940     895,076
      895,076
REIT Mall — 0.67%
Simon Property Group     5,500     646,140
      646,140
REIT Multifamily — 0.51%
AvalonBay Communities     3,050     492,636
      492,636
REIT Office — 0.39%
Vornado Realty Trust    18,410     383,112
      383,112
Utilities — 5.91%
American Electric Power     7,420      704,529
Dominion Energy     7,670      470,324
Edison International     8,400      534,408
Entergy     5,180      582,750
Exelon    11,410      493,254
NextEra Energy    12,410    1,037,476
Public Service Enterprise Group     8,460      518,344
Sempra Energy     3,860      596,525
Southern    11,160     796,936
    5,734,546
Total Common Stocks
(cost $92,236,955) 		 99,819,219
 
Short-Term Investments — 0.30%
Money Market Mutual Funds — 0.30%
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 4.03%)   73,045       73,045
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 4.06%)   73,045       73,045
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 4.23%)   73,045       73,045
4    NQ-IV925 [12/22] 2/23 (2747688)
(Unaudited)
    Number of
shares 		Value (US $)
Short-Term Investments (continued)
Money Market Mutual Funds (continued)
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 4.11%)   73,045 $     73,045
Total Short-Term Investments
(cost $292,180) 		    292,180
Total Value of Securities—103.17%
(cost $92,529,135) 		    100,111,399
Liabilities Net of Receivables and Other Assets—(3.17%)      (3,075,972)
Net Assets Applicable to 17,814,034 Shares Outstanding—100.00%      $97,035,427
† Non-income producing security.
Summary of abbreviations: 
MSCI – Morgan Stanley Capital International
REIT – Real Estate Investment Trust
S&P – Standard & Poor’s Financial Services LLC
NQ-IV925 [12/22] 2/23 (2747688)    5