0001752724-23-198519.txt : 20230829 0001752724-23-198519.hdr.sgml : 20230829 20230829120222 ACCESSION NUMBER: 0001752724-23-198519 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230630 FILED AS OF DATE: 20230829 DATE AS OF CHANGE: 20230829 PERIOD START: 20240331 FILER: COMPANY DATA: COMPANY CONFORMED NAME: abrdn National Municipal Income Fund CENTRAL INDEX KEY: 0000895574 IRS NUMBER: 411737161 STATE OF INCORPORATION: MA FISCAL YEAR END: 0330 FILING VALUES: FORM TYPE: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-07410 FILM NUMBER: 231220096 BUSINESS ADDRESS: STREET 1: C/O ABRDN STREET 2: 1900 MARKET STREET, SUITE 200 CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 215-405-5700 MAIL ADDRESS: STREET 1: C/O ABRDN STREET 2: 1900 MARKET STREET, SUITE 200 CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: Delaware Investments National Municipal Income Fund DATE OF NAME CHANGE: 20081209 FORMER COMPANY: FORMER CONFORMED NAME: DELAWARE INVESTMENTS FLORIDA INSURED MUNICIPAL INCOME FUND DATE OF NAME CHANGE: 20020327 FORMER COMPANY: FORMER CONFORMED NAME: VOYAGEUR FLORIDA INSURED MUNICIPAL INCOME FUND DATE OF NAME CHANGE: 19930519 NPORT-P 1 primary_doc.xml NPORT-P false 0000895574 XXXXXXXX Delaware Investments National Municipal Income Fund 811-07410 0000895574 NIC7ULNUGCUI836YP119 100 Independence 610 Market Street Philadelphia 19106 800-523-1918 Delaware Investments National Municipal Income Fund NIC7ULNUGCUI836YP119 2024-03-31 2023-06-30 Y 145366927.32 944902.61 144422024.71 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 99000000.00000000 1467559.57000000 USD N PUBLIC FIN AUTH WI LIMITED OBL 5493004S6D3NA627K012 Public Finance Authority 74446HAD1 380000.00000000 PA USD 346191.40000000 0.239708175186 Long DBT MUN US N 2 2050-12-01 Fixed 7.00000000 N N N N N N BETHEL MN HSG AND HLTHCARE REV N/A City of Bethel MN Housing and Health Care Facilities Revenue 08675TAM5 500000.00000000 PA USD 404935.00000000 0.280383134645 Long DBT MUN US N 2 2048-12-01 Fixed 5.50000000 N N N N N N ANOKA MN HLTHCARE & HSG FAC RE 549300R336CIYVDY0N47 City of Anoka MN 03632RAG5 610000.00000000 PA USD 581342.20000000 0.402530155055 Long DBT MUN US N 2 2034-11-01 Fixed 5.37500000 N N N N N N GUAM PORT AUTH PORT REVENUE N/A Port Authority of Guam 400652AA1 1050000.00000000 PA USD 1071472.50000000 0.741903807367 Long DBT MUN US N 2 2048-07-01 Fixed 5.00000000 N N N N N N NEW HOPE CULTURAL EDU FACS FIN N/A New Hope Cultural Education Facilities Finance Corp 64542PAW5 135000.00000000 PA USD 92475.00000000 0.064031092339 Long DBT MUN US N 2 2051-07-01 Fixed 5.00000000 N N N N N N COLORADO ST EDUCTNL & CULTURAL 549300BJRX2FHSSZP042 Colorado Educational & Cultural Facilities Authority 19645DBZ4 25000.00000000 PA USD 21468.75000000 0.014865288063 Long DBT MUN US N 2 2046-05-01 Fixed 4.00000000 N N N N N N PHILADELPHIA PA 549300IVFOPB4AG7UL47 City of Philadelphia PA 717813ZD4 500000.00000000 PA USD 488995.00000000 0.338587553374 Long DBT MUN US N 2 2042-05-01 Fixed 4.00000000 N N N N N N ILLINOIS FIN AUTH LEASE REVENU 549300ZG6UBPNNNRN315 Illinois Finance Authority 45203NAU3 1000000.00000000 PA USD 1076550.00000000 0.745419545364 Long DBT MUN US N 2 2048-10-01 Fixed 5.00000000 N N N N N N SAN FRANCISCO CA CITY & CNTY D N/A City & County of San Francisco CA Special Tax District No 2020-1 79771HAL7 550000.00000000 PA USD 394163.00000000 0.272924438493 Long DBT MUN US N 2 2049-09-01 Fixed 5.25000000 N N N N N N PUERTO RICO SALES TAX FING COR N/A Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 74529JPX7 2510000.00000000 PA USD 2453173.60000000 1.698614601842 Long DBT MUN US N 2 2058-07-01 Fixed 5.00000000 N N N N N N LINCOLN PARK CO MET DIST N/A Lincoln Park Metropolitan District 534550BG2 500000.00000000 PA USD 521875.00000000 0.361354163984 Long DBT MUN US N 2 2046-12-01 Fixed 5.00000000 N N N N N N HENRICO CNTY VA ECON DEV AUTH N/A Henrico County Economic Development Authority 42605QHN6 1200000.00000000 PA USD 1216200.00000000 0.842115323090 Long DBT MUN US N 2 2052-10-01 Fixed 5.00000000 N N N N N N MINNEAPOLIS MN HLTH CARE SYS R 54930069TEI1INHRHS55 City of Minneapolis MN 60374VDS9 500000.00000000 PA USD 514045.00000000 0.355932553246 Long DBT MUN US N 2 2033-11-15 Fixed 5.00000000 N N N N N N UNIV OF TEXAS TX UNIV REVENUES TEHUYFNKZR6XVWLGEU86 Board of Regents of the University of Texas System 91514AJV8 1000000.00000000 PA USD 1188940.00000000 0.823240085705 Long DBT MUN US N 2 2049-08-15 Fixed 5.00000000 N N N N N N CHICAGO IL BRD OF EDU DEDICATE N/A Chicago Board of Education Dedicated Capital Improvement Tax 167510BH8 585000.00000000 PA USD 605469.15000000 0.419236021109 Long DBT MUN US N 2 2045-04-01 Fixed 5.00000000 N N N N N N SAINT PAUL MN HSG & REDEV AUTH 549300FQCUW4VH929113 Housing & Redevelopment Authority of The City of St Paul Minnesota 85236DBJ6 800000.00000000 PA USD 803040.00000000 0.556037073716 Long DBT MUN US N 2 2037-10-01 Fixed 4.00000000 N N N N N N COLORADO ST EDUCTNL & CULTURAL 549300BJRX2FHSSZP042 Colorado Educational & Cultural Facilities Authority 19645RTT8 500000.00000000 PA USD 500940.00000000 0.346858452515 Long DBT MUN US N 2 2048-08-01 Fixed 7.45000000 N N N N N N GUAM GOVT WTRWKS AUTH WTR & WS N/A Guam Government Waterworks Authority 40065FDD3 3000000.00000000 PA USD 3069090.00000000 2.125084457279 Long DBT MUN US N 2 2037-07-01 Fixed 5.00000000 N N N N N N UNIV OF NORTH CAROLINA NC HOSP N/A University of North Carolina at Chapel Hill 91471FAW5 900000.00000000 PA USD 900000.00000000 0.623173648068 Long DBT MUN US N 2 2031-02-15 Variable 3.90000000 N N N N N N COLORADO ST EDUCTNL & CULTURAL 549300BJRX2FHSSZP042 Colorado Educational & Cultural Facilities Authority 19645RYY1 765000.00000000 PA USD 746418.15000000 0.516831246133 Long DBT MUN US N 2 2049-11-01 Fixed 5.12500000 N N N N N N PUERTO RICO SALES TAX FING COR N/A Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 74529JQH1 66455000.00000000 PA USD 14048587.00000000 9.727454678889 Long DBT MUN US N 2 2051-07-01 None 0.00000000 N N N N N N HILLSBOROUGH CNTY FL INDL DEVA N/A Hillsborough County Industrial Development Authority 43233AFE1 6875000.00000000 PA USD 5190900.00000000 3.594257877510 Long DBT MUN US N 2 2055-08-01 Fixed 3.50000000 N N N N N N NEW YORK ST LIBERTY DEV CORP L N/A New York Liberty Development Corp 649519EG6 7000000.00000000 PA USD 5237050.00000000 3.626212837353 Long DBT MUN US N 2 2046-11-15 Fixed 2.87500000 N N N N N N APPLE VLY MN SENIOR LIVING REV 549300AMWD6044L1SO95 City of Apple Valley MN 03789YDH6 715000.00000000 PA USD 446589.00000000 0.309224995908 Long DBT MUN US N 2 2047-01-01 Fixed 5.00000000 N N N N N N NEW YORK CITY NY HSG DEV CORP 549300SQWVHKBRF8D702 New York City Housing Development Corp 64972E4K2 2000000.00000000 PA USD 2040480.00000000 1.412859294901 Long DBT MUN US N 2 2063-05-01 Fixed 5.00000000 N N N N N N CO HIGH PERFORMANCE TRANSPRTN N/A Colorado High Performance Transportation Enterprise 19648DAD1 1000000.00000000 PA USD 996760.00000000 0.690171739387 Long DBT MUN US N 2 2056-12-31 Fixed 5.00000000 N N N N N N SAINT CLOUD MN HLTH CARE REVEN 549300IOO80ICGIWAU74 City of St Cloud MN 78916VDR8 375000.00000000 PA USD 380396.25000000 0.263392132026 Long DBT MUN US N 2 2046-05-01 Fixed 5.00000000 N N N N N N MIAMI-DADE CNTY FL SPL OBLIG 549300QG0NBD9HULR263 County of Miami-Dade FL 59333N2A0 3000000.00000000 PA USD 1694460.00000000 1.173269799673 Long DBT MUN US N 2 2037-10-01 None 0.00000000 N N N N N N IDAHO ST HSG & FIN ASSN NONPRO 5493002WM3NYB1LQB744 Idaho Housing & Finance Association 45129GEE1 1055000.00000000 PA USD 977278.15000000 0.676682211014 Long DBT MUN US N 2 2050-05-01 Fixed 4.00000000 N N N N N N MAPLE PLAIN MN SR HSG & HLTH C N/A City of Maple Plain MN 56531SAS7 1500000.00000000 PA USD 1209930.00000000 0.837773880008 Long DBT MUN US N 2 2054-07-01 Fixed 5.00000000 N N N N N N UNION CNTY OR HOSP FAC AUTH N/A Union County Hospital Facility Authority 906420CD4 1665000.00000000 PA USD 1701729.90000000 1.178303588678 Long DBT MUN US N 2 2039-07-01 Fixed 5.00000000 N N N N N N MUNI ELEC AUTH OF GA JA0WNILDDF2KUPS83B16 Municipal Electric Authority of Georgia 62620HFK3 2500000.00000000 PA USD 2551925.00000000 1.766991568719 Long DBT MUN US N 2 2063-01-01 Fixed 5.00000000 N N N N N N COLORADO ST BRD OF GOVERNORS U N/A Board of Governors of Colorado State University System 196707MR1 5000000.00000000 PA USD 5743800.00000000 3.977094221974 Long DBT MUN US N 2 2043-03-01 Fixed 5.00000000 N N N N N N STHRN MINNESOTA ST MUNI PWR AG N/A Southern Minnesota Municipal Power Agency 843375C87 240000.00000000 PA USD 247288.80000000 0.171226515136 Long DBT MUN US N 2 2041-01-01 Fixed 5.00000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648AQ99 1660000.00000000 PA USD 1672699.00000000 1.158202153278 Long DBT MUN US N 2 2043-08-01 Fixed 8.00000000 N N N N N N PUBLIC AUTH FOR COLORADO ST EN 549300C6IJKXQOMRAB11 Public Authority for Colorado Energy 744387AD3 2250000.00000000 PA USD 2718090.00000000 1.882046734532 Long DBT MUN US N 2 2038-11-15 Fixed 6.50000000 N N N N N N ARIZONA ST INDL DEV AUTH SENIO N/A Arizona Industrial Development Authority 04052TBU8 70000.00000000 PA USD 36843.10000000 0.025510721147 Long DBT MUN US N 2 2049-01-01 Fixed 5.00000000 N N N N N N S JERSEY NJ TRANSPRTN AUTH TRA 549300W8SZI2CAOKT956 South Jersey Transportation Authority 838536LY4 2455000.00000000 PA USD 2625156.05000000 1.817697858253 Long DBT MUN US N 2 2045-11-01 Fixed 5.00000000 N N N N N N MINNEAPOLIS-SAINT PAUL MN MET N/A Minneapolis-St Paul Metropolitan Airports Commission 603827ZA7 1245000.00000000 PA USD 1284790.20000000 0.889608217707 Long DBT MUN US N 2 2046-01-01 Fixed 5.00000000 N N N N N N APPLE VLY MN SENIOR LIVING REV 549300AMWD6044L1SO95 City of Apple Valley MN 03789YDS2 685000.00000000 PA USD 488651.60000000 0.338349778007 Long DBT MUN US N 2 2037-01-01 Fixed 7.00000000 N N N N N N CROOKSTON MN HLTH CARE FACS RE N/A City of Crookston MN 227235BL1 1390000.00000000 PA USD 1055385.30000000 0.730764786132 Long DBT MUN US N 2 2051-05-01 Fixed 5.00000000 N N N N N N JEFFERSON CNTY CO SCH DIST #R- N/A Jefferson County School District R-1 472736P92 750000.00000000 PA USD 772852.50000000 0.535134790937 Long DBT MUN US N 2 2024-12-15 Fixed 5.25000000 N N N N N N DIST OF COLUMBIA REVENUE 549300HWFOZXPKGOX654 District of Columbia 25483VXR0 760000.00000000 PA USD 698531.20000000 0.483673595770 Long DBT MUN US N 2 2050-06-01 Fixed 5.00000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648FRV8 750000.00000000 PA USD 645607.50000000 0.447028423328 Long DBT MUN US N 2 2040-12-01 Fixed 4.00000000 N N N N N N CUYAHOGA CNTY OH HOSP REVENUE 549300GHDK9DGLUNJU89 County of Cuyahoga OH 2322655V6 1000000.00000000 PA USD 1012650.00000000 0.701174216351 Long DBT MUN US N 2 2057-02-15 Fixed 5.50000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648FKS2 290000.00000000 PA USD 299532.30000000 0.207400706783 Long DBT MUN US N 2 2044-08-01 Fixed 5.00000000 N N N N N N LOS ANGELES CA DEPT OF WTR & P N/A Los Angeles Department of Water & Power Water System Revenue 544525YL6 3000000.00000000 PA USD 3000000.00000000 2.077245493562 Long DBT MUN US N 2 2045-07-01 Variable 3.10000000 N N N N N N SOUTH SAN FRANCISCO SPL TAX N/A City of South San Francisco CA 840000AP8 1000000.00000000 PA USD 907140.00000000 0.628117492343 Long DBT MUN US N 2 2044-09-01 Fixed 4.00000000 N N N N N N CALIFORNIA ST N/A State of California 13063D4F2 5000000.00000000 PA USD 5027100.00000000 3.480840273562 Long DBT MUN US N 2 2050-10-01 Fixed 4.00000000 N N N N N N INLAND EMPIRE CA TOBACCO SECUR N/A Inland Empire Tobacco Securitization Corp 45734TAG9 3900000.00000000 PA USD 272883.00000000 0.188948327339 Long DBT MUN US N 2 2057-06-01 None 0.00000000 N N N N N N MISSOURI ST HLTH & EDUCTNL FAC 549300IWTBCMX5JB3277 Health & Educational Facilities Authority of the State of Missouri 60637AVW9 1630000.00000000 PA USD 1561328.10000000 1.081087253232 Long DBT MUN US N 2 2053-06-01 Fixed 4.00000000 N N N N N N OTSEGO CHRT SCH LEASE REVENUE 549300C7IZXQ4JXHZS47 City of Otsego MN 689149AB8 230000.00000000 PA USD 219748.90000000 0.152157470746 Long DBT MUN US N 2 2034-09-01 Fixed 5.00000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648FSH8 500000.00000000 PA USD 476445.00000000 0.329897743060 Long DBT MUN US N 2 2050-11-15 Fixed 4.00000000 N N N N N N GDB DEBT RECOVERY AUTH OF CMWL N/A GDB Debt Recovery Authority of Puerto Rico 36829QAA3 8162101.00000000 PA USD 6754138.58000000 4.676667976066 Long DBT MUN US N 2 2040-08-20 Fixed 7.50000000 N N N N N N ARIZONA ST INDL DEV AUTH SENIO N/A Arizona Industrial Development Authority 04052TCX1 50000.00000000 PA USD 26530.50000000 0.018370120522 Long DBT MUN US N 2 2054-01-01 Fixed 7.75000000 N N N N N N MINNESOTA ST MUNI PWR AGY ELEC 5493007DGBKI6ICBXO38 Minnesota Municipal Power Agency 60412PFX3 1210000.00000000 PA USD 1249361.30000000 0.865076710085 Long DBT MUN US N 2 2047-10-01 Fixed 5.00000000 N N N N N N MINNEAPOLIS MN SENIOR HSG & HL 54930069TEI1INHRHS55 City of Minneapolis MN 603787AK8 220000.00000000 PA USD 201190.00000000 0.139307006949 Long DBT MUN US N 2 2035-11-01 Fixed 5.00000000 N N N N N N NEW YORK ST DORM AUTH ST PERSO 549300C8XO7EXTX2XU71 New York State Dormitory Authority 64990FM43 2500000.00000000 PA USD 1946000.00000000 1.347439910157 Long DBT MUN US N 2 2050-03-15 Fixed 3.00000000 N N N N N N NEW JERSEY ST TRANSPRTN TRUST 549300YUVD5TEXR6L889 New Jersey Transportation Trust Fund Authority 64613CAY4 2210000.00000000 PA USD 2155059.40000000 1.492195809003 Long DBT MUN US N 2 2050-06-15 Fixed 4.00000000 N N N N N N BEACON POINT CO MET DIST N/A Beacon Point Metropolitan District 07367LAP0 600000.00000000 PA USD 621096.00000000 0.430056289023 Long DBT MUN US N 2 2030-12-01 Fixed 5.00000000 N N N N N N GOLDEN ST TOBACCO SECURITIZATI N/A Golden State Tobacco Securitization Corp 38122ND90 1500000.00000000 PA USD 1563645.00000000 1.082691509927 Long DBT MUN US N 2 2051-06-01 Fixed 5.00000000 N N N N N N 2049 VMTP Leverage Shares N/A 2049 VMTP Leverage Shares 000000000 -99000000.00000000 NS USD -99000000.00000000 -68.5491012875 Short EP CORP US N N/A N N N COLORADO ST EDUCTNL & CULTURAL 549300BJRX2FHSSZP042 Colorado Educational & Cultural Facilities Authority 19645RC82 500000.00000000 PA USD 478770.00000000 0.331507608317 Long DBT MUN US N 2 2046-07-01 Fixed 5.25000000 N N N N N N MONTGOMERY CNTY PA HGR EDU & H N/A Montgomery County Higher Education and Health Authority 613603G94 3515000.00000000 PA USD 3615775.05000000 2.503617476115 Long DBT MUN US N 2 2057-05-01 Fixed 5.00000000 N N N N N N ILLINOIS ST FIN AUTH REVENUE 549300ZG6UBPNNNRN315 Illinois Finance Authority 45204FQC2 4355000.00000000 PA USD 4585553.70000000 3.175106919604 Long DBT MUN US N 2 2051-08-15 Fixed 5.00000000 N N N N N N PUERTO RICO CMWLTH 549300X44HXPLJU48U63 Commonwealth of Puerto Rico 74514L3P0 2340000.00000000 PA USD 1985396.40000000 1.374718574944 Long DBT MUN US N 2 2046-07-01 Fixed 4.00000000 N N N N N N TOBACCO SECURITIZATION AUTH ST N/A Tobacco Securitization Authority of Southern California 888804BA8 3235000.00000000 PA USD 588349.45000000 0.407382081217 Long DBT MUN US N 2 2046-06-01 None 0.00000000 N N N N N N COLORADO ST EDUCTNL & CULTURAL 549300BJRX2FHSSZP042 Colorado Educational & Cultural Facilities Authority 19645RXA4 750000.00000000 PA USD 749992.50000000 0.519306180276 Long DBT MUN US N 2 2049-07-01 Fixed 5.50000000 N N N N N N PUBLIC FIN AUTH WI HOTEL REVEN 5493004S6D3NA627K012 Public Finance Authority 74447DAD9 1475000.00000000 PA USD 1450175.75000000 1.004123680520 Long DBT MUN US N 2 2062-02-01 Fixed 5.00000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648AW27 1000000.00000000 PA USD 1007300.00000000 0.697469795221 Long DBT MUN US N 2 2035-12-01 Fixed 5.00000000 N N N N N N CHICAGO IL BRD OF EDU DEDICATE N/A Chicago Board of Education Dedicated Capital Improvement Tax 167510AM8 905000.00000000 PA USD 911724.15000000 0.631291627319 Long DBT MUN US N 2 2046-04-01 Fixed 5.00000000 N N N N N N INLAND EMPIRE CA TOBACCO SECUR N/A Inland Empire Tobacco Securitization Corp 45734TAH7 2500000.00000000 PA USD 142500.00000000 0.098669160944 Long DBT MUN US N 2 2057-06-01 None 0.00000000 N N N N N N NEW YORK NY 549300ABYZD2SFD5JB29 City of New York NY 64966QL57 1500000.00000000 PA USD 1687440.00000000 1.168409045218 Long DBT MUN US N 2 2047-10-01 Fixed 5.25000000 N N N N N N SHAKOPEE MN HLTH CARE FACS REV N/A City of Shakopee MN 819175BK5 205000.00000000 PA USD 205231.65000000 0.142105506699 Long DBT MUN US N 2 2031-09-01 Fixed 4.00000000 N N N N N N NEW HOPE CULTURAL EDU FACS FIN N/A New Hope Cultural Education Facilities Finance Corp 64542PBX2 160000.00000000 PA USD 80000.00000000 0.055393213161 Long DBT MUN US N 2 2051-07-01 Fixed 4.75000000 N N N N N N MINNEAPOLIS MN SENIOR HSG & HL 54930069TEI1INHRHS55 City of Minneapolis MN 603787AL6 850000.00000000 PA USD 752071.50000000 0.520745711403 Long DBT MUN US N 2 2045-11-01 Fixed 5.25000000 N N N N N N JACKSONVILLE PUBLIC EDUCTNL BL N/A Jacksonville Public Educational Building Authority 469480AT4 3000000.00000000 PA USD 3260880.00000000 2.257882761682 Long DBT MUN US N 2 2053-08-01 Fixed 5.25000000 N N N N N N BROOKLYN PK MN CHRT SCH LEASE 549300SRSB2KMQNYBB75 City of Brooklyn Park MN 114224AD0 170000.00000000 PA USD 154975.40000000 0.107307317087 Long DBT MUN US N 2 2039-03-01 Fixed 5.00000000 N N N N N N SAINT CLOUD MN HLTH CARE REVEN 549300IOO80ICGIWAU74 City of St Cloud MN 78916VDW7 1585000.00000000 PA USD 1453001.20000000 1.006080064946 Long DBT MUN US N 2 2049-05-01 Fixed 4.00000000 N N N N N N UNION CNTY OR HOSP FAC AUTH N/A Union County Hospital Facility Authority 906420CH5 500000.00000000 PA USD 494895.00000000 0.342672802845 Long DBT MUN US N 2 2047-07-01 Fixed 5.00000000 N N N N N N THORNTON CO DEV AUTH TAX INCR N/A Thornton Development Authority 885277ES8 440000.00000000 PA USD 447092.80000000 0.309573834668 Long DBT MUN US N 2 2036-12-01 Fixed 5.00000000 N N N N N N PUBLIC AUTH FOR COLORADO ST EN 549300C6IJKXQOMRAB11 Public Authority for Colorado Energy 744387AC5 865000.00000000 PA USD 928352.60000000 0.642805418262 Long DBT MUN US N 2 2028-11-15 Fixed 6.25000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648A5H4 505000.00000000 PA USD 340976.00000000 0.236096953137 Long DBT MUN US N 2 2050-12-01 Fixed 6.25000000 N N N N N N PUERTO RICO CMWLTH HIGHWAY & T 549300J6QBXVWJXB7Y41 Puerto Rico Highway & Transportation Authority 745197AA1 1250000.00000000 PA USD 1218750.00000000 0.843880981759 Long DBT MUN US N 2 2062-07-01 Fixed 5.00000000 N N N N N N HAYWARD HSG & HLTHCARE FACS RE 549300YF6QD4DXUDGL81 City of Hayward MN 421307AM1 125000.00000000 PA USD 75000.00000000 0.051931137339 Long DBT MUN US N 2 2044-10-01 Fixed 5.37500000 Y Y N N N N DENVER CITY & CNTY CO ARPT REV N/A City & County of Denver CO Airport System Revenue 249182LW4 1000000.00000000 PA USD 1030620.00000000 0.713616916858 Long DBT MUN US N 2 2048-12-01 Fixed 5.00000000 N N N N N N MONTGOMERY CNTY PA HGR EDU & H N/A Montgomery County Higher Education and Health Authority 613603G78 1000000.00000000 PA USD 868410.00000000 0.601300253021 Long DBT MUN US N 2 2056-05-01 Fixed 4.00000000 N N N N N N AMERICAN MUNI PWR-OHIO INC OH EARKGGZJJEMVD66XQ486 American Municipal Power Inc 02765UQR8 2500000.00000000 PA USD 2525550.00000000 1.748729118755 Long DBT MUN US N 2 2036-02-15 Fixed 4.00000000 N N N N N N MET PIER & EXPOSITION AUTH IL 254900I3VDCQ58UGBR15 Metropolitan Pier & Exposition Authority 592250BY9 4625000.00000000 PA USD 1103571.25000000 0.764129468629 Long DBT MUN US N 2 2052-12-15 None 0.00000000 N N N N N N MAPLE GROVE MN HLTH CARE FACS N/A City of Maple Grove MN 56516TAX3 865000.00000000 PA USD 888121.45000000 0.614948759916 Long DBT MUN US N 2 2030-09-01 Fixed 5.00000000 N N N N N N COLORADO ST EDUCTNL & CULTURAL 549300BJRX2FHSSZP042 Colorado Educational & Cultural Facilities Authority 19645RWV9 1000000.00000000 PA USD 1015850.00000000 0.703389944878 Long DBT MUN US N 2 2034-08-15 Fixed 5.00000000 N N N N N N WASHINGTON ST HGR EDU FACS AUT N/A Washington Higher Education Facilities Authority 9397815M8 3000000.00000000 PA USD 2783070.00000000 1.927039871922 Long DBT MUN US N 2 2047-04-01 Fixed 4.00000000 N N N N N N IDAHO ST HSG & FIN ASSN 5493002WM3NYB1LQB744 Idaho Housing & Finance Association 45129WQH6 1000000.00000000 PA USD 990270.00000000 0.685677964970 Long DBT MUN US N 2 2039-07-15 Fixed 4.00000000 N N N N N N GOLDEN ST TOBACCO SECURITIZATI N/A Golden State Tobacco Securitization Corp 38122NB84 40820000.00000000 PA USD 4455094.80000000 3.084775198897 Long DBT MUN US N 2 2066-06-01 None 0.00000000 N N N N N N IRVINE CA FACS FING AUTH LEASE N/A Irvine Facilities Financing Authority 46360XAQ7 5000000.00000000 PA USD 4933150.00000000 3.415787868855 Long DBT MUN US N 2 2053-05-01 Fixed 4.25000000 N N N N N N CLEMSON SC UNIV HGR EDU REVENU N/A Clemson University 185633DA9 2500000.00000000 PA USD 2407575.00000000 1.667041439721 Long DBT MUN US N 2 2049-05-01 Fixed 4.00000000 N N N N N N ST CLOUD MN CHRT SCH LEASE REV 549300IOO80ICGIWAU74 City of St Cloud MN 788326AD8 375000.00000000 PA USD 277293.75000000 0.192002397526 Long DBT MUN US N 2 2046-04-01 Fixed 5.00000000 N N N N N N LOS ANGELES CA DEPT WTR & PWR 549300S8NXV6YU61GG95 Los Angeles Department of Water & Power 544495DH4 500000.00000000 PA USD 500000.00000000 0.346207582260 Long DBT MUN US N 2 2034-07-01 Variable 3.10000000 N N N N N N PORTLAND OR SWR SYS REVENUE N/A City of Portland OR Sewer System Revenue 736742G92 5000000.00000000 PA USD 5572550.00000000 3.858518125050 Long DBT MUN US N 2 2047-12-01 Fixed 5.00000000 N N N N N N MUNI ELEC AUTH OF GA JA0WNILDDF2KUPS83B16 Municipal Electric Authority of Georgia 62620HDK5 5000000.00000000 PA USD 5124050.00000000 3.547969923762 Long DBT MUN US N 2 2056-01-01 Fixed 5.00000000 N N N N N N VIRGINIA ST CMWLTH TRANSPRTN B N/A Virginia Commonwealth Transportation Board 927793U56 2000000.00000000 PA USD 1956540.00000000 1.354737965991 Long DBT MUN US N 2 2047-05-15 Fixed 4.00000000 N N N N N N HAYWARD MN HLTH CARE FACS REVE 549300YF6QD4DXUDGL81 City of Hayward MN 421306AC5 500000.00000000 PA USD 416700.00000000 0.288529399055 Long DBT MUN US N 2 2044-02-01 Fixed 5.75000000 N N N N N N THORNTON CO DEV AUTH TAX INCR N/A Thornton Development Authority 885277ER0 265000.00000000 PA USD 269308.90000000 0.186473566300 Long DBT MUN US N 2 2035-12-01 Fixed 5.00000000 N N N N N N NEW YORK CITY NY HSG DEV CORP 549300SQWVHKBRF8D702 New York City Housing Development Corp 64972E4H9 500000.00000000 PA USD 503570.00000000 0.348679504397 Long DBT MUN US N 2 2053-11-01 Fixed 4.85000000 N N N N N N PUERTO RICO INDL TOURIST EDUCT N/A Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth 74527EFR4 360000.00000000 PA USD 391086.00000000 0.270793877031 Long DBT MUN US N 2 2035-07-01 Fixed 5.00000000 N N N N N N ILLINOIS FIN AUTH LEASE REVENU 549300ZG6UBPNNNRN315 Illinois Finance Authority 45203NAV1 500000.00000000 PA USD 549850.00000000 0.380724478211 Long DBT MUN US N 2 2053-10-01 Fixed 5.25000000 N N N N N N MUNI ELEC AUTH OF GEORGIA JA0WNILDDF2KUPS83B16 Municipal Electric Authority of Georgia 626207Z64 4000000.00000000 PA USD 3605760.00000000 2.496682903622 Long DBT MUN US N 2 2059-01-01 Fixed 4.00000000 N N N N N N ILLINOIS ST TOLL HIGHWAY AUTH 549300ISBFGI8MJJKM98 Illinois State Toll Highway Authority 452252QA0 2700000.00000000 PA USD 2967813.00000000 2.054958726661 Long DBT MUN US N 2 2042-01-01 Fixed 5.00000000 N N N N N N NEW YORK ST THRUWAY AUTH PERSO N/A New York State Thruway Authority 650028ZQ9 4000000.00000000 PA USD 4346680.00000000 3.009707147319 Long DBT MUN US N 2 2055-03-15 Fixed 5.00000000 N N N N N N WISCONSIN HLTH EDL FACS AUTH S 549300ISNGXS0VHGVD41 Wisconsin Health & Educational Facilities Authority 97671VBJ3 1000000.00000000 PA USD 748580.00000000 0.518328143856 Long DBT MUN US N 2 2053-07-01 Fixed 5.00000000 N N N N N N TOBACCO SECURITIZATION AUTH ST N/A Tobacco Securitization Authority of Southern California 888804BB6 3015000.00000000 PA USD 454450.95000000 0.314668729310 Long DBT MUN US N 2 2046-06-01 None 0.00000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648FSJ4 2000000.00000000 PA USD 1476780.00000000 1.022544866661 Long DBT MUN US N 2 2051-11-15 Fixed 3.00000000 N N N N N N SAINT PAUL MN HSG & REDEV AUTH 549300FQCUW4VH929113 Housing & Redevelopment Authority of The City of St Paul Minnesota 792905DE8 1000000.00000000 PA USD 1025340.00000000 0.709960964789 Long DBT MUN US N 2 2030-07-01 Fixed 5.00000000 N N N N N N CHICAGO IL BRD OF EDU DEDICATE N/A Chicago Board of Education Dedicated Capital Improvement Tax 167510BM7 4000000.00000000 PA USD 4423680.00000000 3.063023114987 Long DBT MUN US N 2 2048-04-01 Fixed 5.75000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648FHS6 750000.00000000 PA USD 669165.00000000 0.463339993566 Long DBT MUN US N 2 2048-09-15 Fixed 5.00000000 N N N N N N CALIFORNIA ST HLTH FACS FING A 5493007RI8BUDOGHZ546 California Health Facilities Financing Authority 13032UMP0 1000000.00000000 PA USD 1140330.00000000 0.789581784557 Long DBT MUN US N 2 2047-11-01 Fixed 5.00000000 N N N N N N COLORADO ST EDUCTNL & CULTURAL 549300BJRX2FHSSZP042 Colorado Educational & Cultural Facilities Authority 19645RC25 700000.00000000 PA USD 723359.00000000 0.500864740992 Long DBT MUN US N 2 2045-04-01 Fixed 5.25000000 N N N N N N ESCAMBIA CNTY FL HLTH FACS AUT N/A Escambia County Health Facilities Authority 296110GF0 1150000.00000000 PA USD 996498.00000000 0.689990326614 Long DBT MUN US N 2 2050-08-15 Fixed 4.00000000 N N N N N N CASS LAKE MN INDEP SCH DIST #1 N/A Cass Lake-Bena Independent School District No 115 148087LH0 930000.00000000 PA USD 935031.30000000 0.647429851421 Long DBT MUN US N 2 2039-02-01 Fixed 4.00000000 N N N N N N SAINT PAUL MN HSG & REDEV AUTH 549300FQCUW4VH929113 Housing & Redevelopment Authority of The City of St Paul Minnesota 792888KM0 395000.00000000 PA USD 411080.45000000 0.284638337418 Long DBT MUN US N 2 2029-11-15 Fixed 5.00000000 N N N N N N IDAHO ST HLTH FACS AUTH REVENU 549300X43KY1C2WW0J97 Idaho Health Facilities Authority 451295D22 4630000.00000000 PA USD 3298967.60000000 2.284255193502 Long DBT MUN US N 2 2051-03-01 Fixed 3.00000000 N N N N N N MAPLE GROVE MN HLTH CARE FACS N/A City of Maple Grove MN 56516TBU8 1000000.00000000 PA USD 937070.00000000 0.648841478217 Long DBT MUN US N 2 2037-05-01 Fixed 4.00000000 N N N N N N MINNEAPOLIS MN HLTH CARE SYS R 54930069TEI1INHRHS55 City of Minneapolis MN 60374VDT7 500000.00000000 PA USD 513510.00000000 0.355562111133 Long DBT MUN US N 2 2034-11-15 Fixed 5.00000000 N N N N N N PORTLAND OR SWR SYS REVENUE N/A City of Portland OR Sewer System Revenue 736742G43 2195000.00000000 PA USD 2470999.30000000 1.710957386840 Long DBT MUN US N 2 2042-12-01 Fixed 5.00000000 N N N N N N HUNTINGDON CNTY PA GEN AUTH RE N/A Huntingdon County General Authority 44586SBS6 2500000.00000000 PA USD 2462175.00000000 1.704847307703 Long DBT MUN US N 2 2051-10-01 Fixed 5.00000000 N N N N N N COLORADO ST EDUCTNL & CULTURAL 549300BJRX2FHSSZP042 Colorado Educational & Cultural Facilities Authority 19645RB42 500000.00000000 PA USD 505000.00000000 0.349669658082 Long DBT MUN US N 2 2045-12-15 Fixed 5.00000000 N N N N N N SALT RIVER AZ PROJ AGRIC IMPT& SHB8HO6GKXJ83RX5OV39 Salt River Project Agricultural Improvement & Power District 79574CFM0 3000000.00000000 PA USD 3303600.00000000 2.287462737510 Long DBT MUN US N 2 2050-01-01 Fixed 5.00000000 N N N N N N MARICOPA CNTY AZ INDL DEV AUTH N/A Maricopa County Industrial Development Authority 56678PBL0 1000000.00000000 PA USD 716870.00000000 0.496371658990 Long DBT MUN US N 2 2051-09-01 Fixed 3.00000000 N N N N N N BUCKEYE OH TOBACCO SETTLEMENT N/A Buckeye Tobacco Settlement Financing Authority 118217CZ9 4615000.00000000 PA USD 4328639.25000000 2.997215458439 Long DBT MUN US N 2 2055-06-01 Fixed 5.00000000 N N N N N N ARIZONA ST INDL DEV AUTH ECON N/A Arizona Industrial Development Authority 040523AF9 725000.00000000 PA USD 398750.00000000 0.276100546852 Long DBT MUN US N 2 2050-07-01 Fixed 7.75000000 Y Y N N N N ARIZONA ST INDL DEV AUTH EDU R N/A Arizona Industrial Development Authority 04052BRW6 1115000.00000000 PA USD 1009766.30000000 0.699177498742 Long DBT MUN US N 2 2054-07-01 Fixed 4.50000000 N N N N N N DEEPHAVEN MN HSG & HLTHCARE N/A Deephaven Housing & Healthcare 24379CAH9 280000.00000000 PA USD 244378.40000000 0.169211310041 Long DBT MUN US N 2 2038-04-01 Fixed 5.00000000 N N N N N N WESTCHESTER CNTY NY LOCAL DEV 549300KOSU8OC75V9238 Westchester County Local Development Corp 95737TBB1 1500000.00000000 PA USD 1504980.00000000 1.042070974300 Long DBT MUN US N 2 2034-05-01 Fixed 5.00000000 N N N N N N CHICAGO IL BRD OF EDU 54930099NR6T9V7LVB43 Chicago Board of Education 167505WB8 3000000.00000000 PA USD 2951070.00000000 2.043365619562 Long DBT MUN US N 2 2046-12-01 Fixed 5.00000000 N N N N N N SHOALS IN EXEMPT FACS REVENUE 5493006DNS1L0C0NCJ71 Town of Shoals IN 82489FAA2 25000.00000000 PA USD 25165.00000000 0.017424627615 Long DBT MUN US N 2 2043-11-01 Fixed 7.25000000 N N N N N N BROOKLYN PK MN CHRT SCH LEASE 549300SRSB2KMQNYBB75 City of Brooklyn Park MN 114224AC2 925000.00000000 PA USD 874448.75000000 0.605481575096 Long DBT MUN US N 2 2034-03-01 Fixed 5.00000000 N N N N N N COLORADO ST DEPT OF TRANSPRTN N/A State of Colorado Department of Transportation 19645TAR8 340000.00000000 PA USD 354756.00000000 0.245638434104 Long DBT MUN US N 2 2034-06-15 Fixed 5.00000000 N N N N N N SAINT PAUL MN HSG & REDEV AUTH 549300FQCUW4VH929113 Housing & Redevelopment Authority of The City of St Paul Minnesota 852297CH1 240000.00000000 PA USD 241701.60000000 0.167357853128 Long DBT MUN US N 2 2038-07-01 Fixed 5.50000000 N N N N N N SAINT PAUL MN HSG & REDEV AUTH 549300FQCUW4VH929113 Housing & Redevelopment Authority of The City of St Paul Minnesota 852297AX8 630000.00000000 PA USD 593365.50000000 0.410855270303 Long DBT MUN US N 2 2045-07-01 Fixed 5.30000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648FNG5 525000.00000000 PA USD 346447.50000000 0.239885502710 Long DBT MUN US N 2 2054-12-01 Fixed 5.00000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648FTH7 500000.00000000 PA USD 382175.00000000 0.264623765500 Long DBT MUN US N 2 2049-05-15 Fixed 5.00000000 N N N N N N DENVER CO HLTH & HOSP AUTH COP 549300WFV5S7GIR4OS67 Denver Health & Hospital Authority 24918TAQ0 500000.00000000 PA USD 453920.00000000 0.314301091479 Long DBT MUN US N 2 2038-12-01 Fixed 4.00000000 N N N N N N PUERTO RICO SALES TAX FING COR N/A Puerto Rico Sales Tax Financing Corp Sales Tax Revenue 74529JPW9 8500000.00000000 PA USD 8120730.00000000 5.622916598978 Long DBT MUN US N 2 2053-07-01 Fixed 4.75000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648FPQ1 1465000.00000000 PA USD 1505888.15000000 1.042699791132 Long DBT MUN US N 2 2044-11-01 Fixed 5.00000000 N N N N N N FOUNTAIN CO URBAN RENEWAL AUTH N/A Fountain Urban Renewal Authority 35069WAD5 655000.00000000 PA USD 627208.35000000 0.434288572854 Long DBT MUN US N 2 2044-11-01 Fixed 5.50000000 N N N N N N NEW YORK ST DORM AUTH REVENUES 549300C8XO7EXTX2XU71 New York State Dormitory Authority 64990GZS4 5600000.00000000 PA USD 4173344.00000000 2.889686672361 Long DBT MUN US N 2 2050-09-01 Fixed 3.00000000 N N N N N N COLORADO ST DEPT OF TRANSPRTN N/A State of Colorado Department of Transportation 19645TAT4 545000.00000000 PA USD 565557.40000000 0.391600520166 Long DBT MUN US N 2 2036-06-15 Fixed 5.00000000 N N N N N N SAINT PAUL MN HSG & REDEV AUTH 549300FQCUW4VH929113 Housing & Redevelopment Authority of The City of St Paul Minnesota 792888KN8 290000.00000000 PA USD 301805.90000000 0.208974981901 Long DBT MUN US N 2 2030-11-15 Fixed 5.00000000 N N N N N N MET PIER & EXPOSITION AUTH IL 254900I3VDCQ58UGBR15 Metropolitan Pier & Exposition Authority 592250DB7 5000000.00000000 PA USD 1077850.00000000 0.746319685078 Long DBT MUN US N 2 2054-12-15 None 0.00000000 N N N N N N MINNEAPOLIS MN HLTH CARE SYS R 54930069TEI1INHRHS55 City of Minneapolis MN 60374VEJ8 200000.00000000 PA USD 200000.00000000 0.138483032904 Long DBT MUN US N 2 2048-11-15 Variable 4.10000000 N N N N N N COLORADO ST HLTH FACS AUTH REV 5493002JB6DRFRZPEQ21 Colorado Health Facilities Authority 19648FGP3 1000000.00000000 PA USD 1038930.00000000 0.719370886875 Long DBT MUN US N 2 2048-11-15 Fixed 5.00000000 N N N N N N MINNESOTA ST HGR EDU FACS AUTH 549300DI4V4CIPMX7K35 Minnesota Higher Education Facilities Authority 60416JAR1 410000.00000000 PA USD 397888.60000000 0.275504100429 Long DBT MUN US N 2 2036-03-01 Fixed 4.00000000 N N N N N N SAINT CLOUD MN HLTH CARE REVEN 549300IOO80ICGIWAU74 City of St Cloud MN 78916VDV9 2250000.00000000 PA USD 2307240.00000000 1.597567964188 Long DBT MUN US N 2 2048-05-01 Fixed 5.00000000 N N N N N N CALIFORNIA ST N/A State of California 13063DUQ9 2000000.00000000 PA USD 1638700.00000000 1.134660730100 Long DBT MUN US N 2 2046-03-01 Fixed 3.00000000 N N N N N N PUERTO RICO CMWLTH 549300X44HXPLJU48U63 Commonwealth of Puerto Rico 74514L3M7 99821.00000000 PA USD 89860.86000000 0.062221022160 Long DBT MUN US N 2 2037-07-01 Fixed 4.00000000 N N N N N N APPLE VLY MN SENIOR LIVING REV 549300AMWD6044L1SO95 City of Apple Valley MN 03789YDT0 1035000.00000000 PA USD 673609.05000000 0.466417121178 Long DBT MUN US N 2 2052-01-01 Fixed 7.25000000 N N N N N N DEEPHAVEN MN HSG & HLTHCARE N/A Deephaven Housing & Healthcare 24379CAJ5 270000.00000000 PA USD 231484.50000000 0.160283378151 Long DBT MUN US N 2 2040-04-01 Fixed 5.00000000 N N N N N N ROCHESTER MN HLTH CARE & HSG R 549300006EX3INSHXA95 City of Rochester MN 771906CV4 1220000.00000000 PA USD 1214802.80000000 0.841147880622 Long DBT MUN US N 2 2048-12-01 Fixed 6.87500000 N N N N N N 2023-07-03 Delaware Investments National Municipal Income Fund Dan Geatens Dan Geatens Division Director - Head of US Fund Administration XXXX NPORT-EX 2 AV91DEL063023.htm
Schedule of investments
Delaware Investments® National Municipal Income Fund 
June 30, 2023 (Unaudited)
    Principal
amount° 		Value (US $)
Municipal Bonds — 162.96%
Education Revenue Bonds — 21.18%
Arizona Industrial Development
Authority Revenue 		     
(Leman Academy Of Excellence of Projects)
Series A 4.50% 7/1/54   		   1,115,000 $  1,009,766
Board of Governors of the
Colorado State University System Enterprise Revenue 		     
Series A 5.00% 3/1/43      5,000,000    5,743,800
Brooklyn Park, Minnesota Charter
School Lease Revenue 		     
(Prairie Seeds Academy Project)      
Series A 5.00% 3/1/34        925,000      874,449
Series A 5.00% 3/1/39        170,000      154,975
Chicago, Illinois Board of
Education Dedicated Capital Improvement Tax Revenue 		     
 5.00% 4/1/45        585,000      605,469
Chicago, Illinois Board of
Education Revenue 		     
ICE 5.75% 4/1/48 (BAM)     4,000,000    4,423,680
Colorado Educational & Cultural
Facilities Authority Revenue 		     
(Charter School - Aspen Ridge School Project)
Series A 144A 5.25% 7/1/46  # 		     500,000      478,770
(Charter School - Community Leadership Academy Second Campus Project)
 7.45% 8/1/48   		     500,000      500,940
(Charter School - Peak to Peak Charter School Project)
 5.00% 8/15/34   		   1,000,000    1,015,850
(Charter School - Science Technology Engineering and Math (STEM) School Project)
 5.125% 11/1/49   		     765,000      746,418
(Charter School - Skyview Academy Project)
144A 5.50% 7/1/49  # 		     750,000      749,993
(Charter School - University Lab School Building)
144A 5.00% 12/15/45  # 		     500,000      505,000
(Vail Mountain School Project)
 4.00% 5/1/46   		      25,000       21,468
      Value (US $)
Municipal Bonds (continued)
Education Revenue Bonds (continued)
District of Columbia Revenue      
(Two Rivers Public Charter School Inc. Issue)
 5.00% 6/1/50   		     760,000 $    698,531
Huntingdon County General
Authority Revenue 		     
(AICUP Financing Program - Juniata College Project)
Series T 5.00% 10/1/51   		   2,500,000    2,462,175
Idaho Housing & Finance
Association Non-Profit Facilities Revenue 		     
(Sage International School of Boise Project)
Series A 4.00% 5/1/50   		   1,055,000      977,278
Minnesota Higher Education
Facilities Authority Revenue 		     
(St. John's University)
 4.00% 3/1/36   		     410,000      397,889
Otsego, Montana Charter School
Lease Revenue 		     
(Kaleidoscope Charter School)
Series A 5.00% 9/1/34   		     230,000      219,749
South Carolina, Clemson
University Higher Education Revenue 		     
(Byrnes Hall Project)
Series A 4.00% 5/1/49   		   2,500,000    2,407,575
St. Cloud, Minnesota Charter
School Lease Revenue 		     
(Stride Academy Project)
Series A 5.00% 4/1/46   		     375,000      277,294
St. Paul, Minnesota Housing &
Redevelopment Authority Charter School Lease Revenue 		     
(Great River School Project)
Series A 144A 5.50% 7/1/38  # 		     240,000      241,702
(Twin Cities Academy Project)
Series A 5.30% 7/1/45   		     630,000      593,365
University of Texas System Board
of Regents Revenue 		     
Series B 5.00% 8/15/49      1,000,000    1,188,940
Washington Higher Education
Facilities Authority Revenue 		     
(Gonzaga University Project)
 4.00% 4/1/47   		   3,000,000    2,783,070
NQ- OV9 [0623] 0823 (3054904)    1
Schedule of investments
Delaware Investments® National Municipal Income Fund   (Unaudited)
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Education Revenue Bonds (continued)
Westchester County, New York
Local Development Revenue 		     
(Pace University)
Series A 5.00% 5/1/34   		   1,500,000 $  1,504,980
   30,583,126
Electric Revenue Bonds — 13.44%
American Municipal Power Ohio
Revenue 		     
(Prairie State Energy Campus Project)
Series A 4.00% 2/15/36   		   2,500,000    2,525,550
Minnesota Municipal Power
Agency Electric Revenue 		     
 5.00% 10/1/47      1,210,000    1,249,361
Municipal Electric Authority of
Georgia Revenue 		     
(Plant Vogtle Units 3&4 Project M)      
Series A 4.00% 1/1/59      4,000,000    3,605,760
Series A 5.00% 1/1/56 (BAM)     5,000,000    5,124,050
Series A 5.00% 1/1/63 (BAM)     2,500,000    2,551,925
Salt River, Arizona Project
Agricultural Improvement & Power District Electric System Revenue 		     
(Salt River Project)
Series A 5.00% 1/1/50   		   3,000,000    3,303,600
Southern Minnesota Municipal
Power Agency Supply Revenue 		     
Series A 5.00% 1/1/41        240,000      247,289
St. Paul, Minnesota Housing &
Redevelopment Authority District Energy Revenue 		     
Series B 4.00% 10/1/37        800,000     803,040
   19,410,575
Healthcare Revenue Bonds — 42.44%
Anoka, Minnesota Healthcare &
Housing Facilities Revenue 		     
(The Homestead at Anoka Project)
 5.375% 11/1/34   		     610,000      581,342
Apple Valley, Minnesota Senior
Living Revenue 		     
(Minnesota Senior Living LLC Project)
Fourth Tier Series D 7.25% 1/1/52   		   1,035,000      673,609
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Healthcare Revenue Bonds (continued)
Apple Valley, Minnesota Senior
Living Revenue 		     
(Senior Living LLC Project)
Fourth Tier Series D 7.00% 1/1/37   		     685,000 $    488,651
(Senior Living, LLC Project)
Second Tier Series B 5.00% 1/1/47   		     715,000      446,589
Arizona Industrial Development
Authority Revenue 		     
(Great Lakes Senior Living Communities LLC Project)      
Fourth Tier Series D-2
144A 7.75% 1/1/54  # 		      50,000       26,531
Second Tier Series B
 5.00% 1/1/49   		      70,000       36,843
Bethel, Minnesota Housing &
Health Care Facilities Revenue 		     
(Benedictine Health System – St. Peter Communities Project)
Series A 5.50% 12/1/48   		     500,000      404,935
California Health Facilities
Financing Authority Revenue 		     
(Kaiser Permanente)
Series A-2 5.00% 11/1/47   		   1,000,000    1,140,330
Colorado Health Facilities
Authority Revenue 		     
(Aberdeen Ridge)
Series A 5.00% 5/15/49   		     500,000      382,175
(AdventHealth Obligated Group)      
Series A 3.00% 11/15/51      2,000,000    1,476,780
Series A 4.00% 11/15/50        500,000      476,445
(Adventist Health System/Sunbelt Obligated Group)
Series A 5.00% 11/15/48   		   1,000,000    1,038,930
(American Baptist)
 8.00% 8/1/43   		   1,660,000    1,672,699
(Bethesda Project)
Series A-1 5.00% 9/15/48   		     750,000      669,165
(Cappella of Grand Junction Project)
144A 5.00% 12/1/54  # 		     525,000      346,448
(CommonSpirit Health)
Series A-2 5.00% 8/1/44   		     290,000      299,532
(Covenant Living Communities and Services)
Series A 4.00% 12/1/40   		     750,000      645,608
 
2    NQ- OV9 [0623] 0823 (3054904)
(Unaudited)
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Healthcare Revenue Bonds (continued)
Colorado Health Facilities
Authority Revenue 		     
(Covenant Retirement Communities, Inc.)
Series A 5.00% 12/1/35   		   1,000,000 $  1,007,300
(Sanford)
Series A 5.00% 11/1/44   		   1,465,000    1,505,888
(Sunny Vista Living Center Project)
Series A 144A 6.25% 12/1/50  # 		     505,000      340,976
Crookston, Minnesota Health Care
Facilities Revenue 		     
(Riverview Health Project)
 5.00% 5/1/51   		   1,390,000    1,055,385
Cuyahoga County, Ohio Hospital
Revenue 		     
(The Metrohealth System)
 5.50% 2/15/57   		   1,000,000    1,012,650
Deephaven, Minnesota Housing &
Healthcare Facility Revenue 		     
(St. Therese Senior Living Project)      
Series A 5.00% 4/1/38        280,000      244,378
Series A 5.00% 4/1/40        270,000      231,485
Escambia County, Florida Health
Facilities Authority Revenue 		     
(Baptist Healthcare Corporation Obligated Group)
Series A 4.00% 8/15/50   		   1,150,000      996,498
Hayward, Minnesota Health Care
Facilities Revenue 		     
(American Baptist Homes Midwest Obligated Group)
 5.75% 2/1/44   		     500,000      416,700
(St. John's Lutheran Home of Albert Lea Project)
Series A 5.375% 10/1/44  ‡ 		     125,000       75,000
Henrico County, Virginia Economic
Development Authority Residential Care Facility Revenue 		     
(Westminster Canterbury Richmond)
Series A 5.00% 10/1/52   		   1,200,000    1,216,200
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Healthcare Revenue Bonds (continued)
Hillsborough County, Florida
Industrial Development Authority Hospital Revenue 		     
(Tampa General Hospital Project)
Series A 3.50% 8/1/55   		   6,875,000 $  5,190,900
Hospital Facility Authority Union
County, Oregon Revenue 		     
(Grande Ronde Hospital Project)
 5.00% 7/1/39   		   1,665,000    1,701,730
Idaho Health Facilities Authority
Revenue 		     
(St. Luke's Health System Project)
Series A 3.00% 3/1/51   		   4,630,000    3,298,968
Illinois Finance Authority Revenue      
(NorthShore - Edward-Elmhurst Health Credit Group)
Series A 5.00% 8/15/51   		   4,355,000    4,585,554
Jacksonville, Alabama Public
Educational Building Authority Revenue 		     
(Jsu Foundation Project)
Series A 5.25% 8/1/53 (AGM)  		   3,000,000    3,260,880
Maple Grove, Minnesota Health
Care Facilities Revenue 		     
(Maple Grove Hospital Corporation)
 4.00% 5/1/37   		   1,000,000      937,070
(North Memorial Health Care)
 5.00% 9/1/30   		     865,000      888,121
Maple Plain, Minnesota Senior
Housing & Health Care Revenue 		     
(Haven Homes Project)
 5.00% 7/1/54   		   1,500,000    1,209,930
Maricopa County, Arizona
Industrial Development Authority Hospital Revenue 		     
(HonorHealth)
Series A 3.00% 9/1/51   		   1,000,000      716,870
Minneapolis Health Care System
Revenue 		     
(Fairview Health Services)      
Series A 5.00% 11/15/33        500,000      514,045
Series A 5.00% 11/15/34        500,000      513,510
 
NQ- OV9 [0623] 0823 (3054904)    3
Schedule of investments
Delaware Investments® National Municipal Income Fund   (Unaudited)
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Healthcare Revenue Bonds (continued)
Minneapolis Senior Housing &
Healthcare Revenue 		     
(Ecumen-Abiitan Mill City Project)      
 5.00% 11/1/35        220,000 $    201,190
 5.25% 11/1/45        850,000      752,072
Missouri Health & Educational
Facilities Revenue 		     
(Mercy Health)
 4.00% 6/1/53 (BAM)  		   1,630,000    1,561,328
Montgomery County,
Pennsylvania Higher Education and Health Authority Revenue 		     
(Thomas Jefferson University)      
Series B 4.00% 5/1/56      1,000,000      868,410
Series B 5.00% 5/1/57      3,515,000    3,615,775
New Hope, Texas Cultural
Education Facilities Revenue 		     
(Cardinal Bay Inc. - Village on the Park/Carriage Inn Project)      
Series A-1 5.00% 7/1/51        135,000       92,475
Series B 4.75% 7/1/51        160,000       80,000
New York State Dormitory
Authority Revenue 		     
(Montefiore Obligated Group)
Series A 3.00% 9/1/50   		   5,600,000    4,173,344
Puerto Rico Industrial Tourist
Educational Medical & Environmental Control Facilities Financing Authority Revenue 		     
(Hospital Auxilio Mutuo Obligated Group Project)
 5.00% 7/1/35   		     360,000      391,086
Rochester, Minnesota Health Care
& Housing Facility Revenue 		     
(The Homestead at Rochester Project)
Series A 6.875% 12/1/48   		   1,220,000    1,214,803
Shakopee, Minnesota Health Care
Facilities Revenue 		     
(St. Francis Regional Medical Center)
 4.00% 9/1/31   		     205,000      205,232
St. Cloud, Minnesota Health Care
Revenue 		     
(Centracare Health System Project)      
 4.00% 5/1/49      1,585,000    1,453,001
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Healthcare Revenue Bonds (continued)
St. Cloud, Minnesota Health Care
Revenue 		     
(Centracare Health System Project)
 5.00% 5/1/48      2,250,000 $  2,307,240
Series A 5.00% 5/1/46        375,000      380,396
St. Paul, Minnesota Housing &
Redevelopment Authority Health Care Facilities Revenue 		     
(HealthPartners Obligated Group Project)
Series A 5.00% 7/1/30   		   1,000,000    1,025,340
Union County, Oregon Hospital
Facility Authority Revenue 		     
(Grande Ronde Hospital Project)
 5.00% 7/1/47   		     500,000      494,895
Wisconsin Health & Educational
Facilities Authority Senior Living Revenue 		     
(Covenant Communities, Inc. Project)
Second Tier Series B-5
 5.00% 7/1/53   		   1,000,000     748,580
   61,291,817
Housing Revenue Bonds — 1.76%
New York City Housing
Development Revenue 		     
(Sustainable Development)      
Series A 4.85% 11/1/53        500,000      503,570
Series A 5.00% 5/1/63      2,000,000   2,040,480
    2,544,050
Industrial Development Revenue/Pollution ControlRevenue Bonds — 41.69%
Arizona Industrial Development
Authority Revenue 		     
(Legacy Cares, Inc. Project)
Series A 144A 7.75% 7/1/50  #, ‡ 		     725,000      398,750
Buckeye, Ohio
Tobacco Settlement Financing Authority Revenue 		     
(Senior)
Series B-2 5.00% 6/1/55   		   4,615,000    4,328,639
 
4    NQ- OV9 [0623] 0823 (3054904)
(Unaudited)
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Industrial Development Revenue/Pollution ControlRevenue Bonds (continued)
City & County of San Francisco,
California Special Tax District No. 2020-1 Revenue 		     
(Mission Rock Facilities and Services - Federally Taxable)
Series B 144A 5.25% 9/1/49  # 		     550,000 $    394,163
Fountain, Colorado Urban
Renewal Authority Tax Increment Revenue 		     
(South Academy Highlands Project)
Series A 5.50% 11/1/44   		     655,000      627,208
GDB Debt Recovery Authority of
Puerto Rico Revenue 		     
(Taxable)
 7.50% 8/20/40   		   8,162,101    6,754,138
Golden State, California Tobacco
Securitization Settlement Asset-Backed Revenue 		     
Series A-1 5.00% 6/1/51      1,500,000    1,563,645
(Capital Appreciation)
Subordinate Series B-2
 1.473% 6/1/66  ^ 		  40,820,000    4,455,095
Inland, California Empire Tobacco
Securitization Revenue 		     
(Capital Appreciation Turbo Asset-Backed)      
Series E 144A 0.63% 6/1/57  #, ^    3,900,000      272,883
Series F 144A 0.778% 6/1/57  #, ^    2,500,000      142,500
Lincoln Park Metropolitan District
Douglas County, Colorado Revenue 		     
(Improvement)
 5.00% 12/1/46 (AGM)  		     500,000      521,875
Miami-Dade County, Florida
Revenue 		     
(Capital Appreciation)
 3.505% 10/1/37 (BAM) ^ 		   3,000,000    1,694,460
New York State Dormitory
Authority Personal Income Tax Revenue 		     
(General Purpose)
Series E 3.00% 3/15/50   		   2,500,000    1,946,000
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Industrial Development Revenue/Pollution ControlRevenue Bonds (continued)
New York State Thruway Authority
State Personal Income Tax Revenue 		     
(Climate Bond Certified - Green Bonds)
Series C 5.00% 3/15/55   		   4,000,000 $  4,346,680
Public Authority for Colorado
Energy Natural Gas Revenue 		     
 6.25% 11/15/28        865,000      928,353
 6.50% 11/15/38      2,250,000    2,718,090
Public Finance Authority,
Wisconsin Revenue 		     
(American Dream @ Meadowlands Project)
144A 7.00% 12/1/50  # 		     380,000      346,191
(Grand Hyatt San Antonio Hotel Acquisition Project)
Series A 5.00% 2/1/62   		   1,475,000    1,450,176
Puerto Rico Sales Tax Financing
Revenue 		     
(Restructured)      
Series A-1 4.04% 7/1/51  ^   66,455,000   14,048,587
Series A-1 4.75% 7/1/53      8,500,000    8,120,730
Series A-1 5.00% 7/1/58      2,510,000    2,453,174
Shoals, Indiana Exempt Facilities
Revenue 		     
(National Gypsum Project)
 7.25% 11/1/43 (AMT)  		      25,000       25,165
South San Francisco Community
Facilities District No. 2021-01 Revenue 		     
(Public Facilities & Services)
 4.00% 9/1/44   		   1,000,000      907,140
Thornton, Colorado Development
Authority Revenue 		     
(East 144th Avenue & I-25 Project)      
Series B 5.00% 12/1/35        265,000      269,309
Series B 5.00% 12/1/36        440,000      447,093
Tobacco Securitization Authority of
Southern California Revenue 		     
(San Diego County)      
Capital Appreciation Second Subordinate Series C
 1.105% 6/1/46  ^ 		   3,235,000      588,349
 
NQ- OV9 [0623] 0823 (3054904)    5
Schedule of investments
Delaware Investments® National Municipal Income Fund   (Unaudited)
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Industrial Development Revenue/Pollution ControlRevenue Bonds (continued)
Tobacco Securitization Authority of
Southern California Revenue 		     
(San Diego County)
Capital Appreciation Third Subordinate Series D
 1.183% 6/1/46  ^ 		   3,015,000 $    454,451
   60,202,844
Lease Revenue Bonds — 14.16%
Colorado State Department of
Transportation Certificates of Participation Revenue 		     
 5.00% 6/15/34        340,000      354,756
 5.00% 6/15/36        545,000      565,557
Denver, Colorado Health &
Hospital Authority Revenue 		     
(550 Acoma, Inc.)
 4.00% 12/1/38   		     500,000      453,920
Idaho Housing & Finance
Association Grant & Revenue 		     
Series A 4.00% 7/15/39      1,000,000      990,270
Illinois Finance Authority Revenue      
(Provident Group–Sccil Properties Llc – University Of Illinois Urbana-Champaign Project)
Series A 5.25% 10/1/53   		     500,000      549,850
(Provident Group–Sccil Properties LLC – University Of Illinois Urbana-Champaign Project)
 5.00% 10/1/48   		   1,000,000    1,076,550
Irvine Facilities Financing
Authority Revenue 		     
(Gateway Preserve Land Acquisition Project)
 4.25% 5/1/53   		   5,000,000    4,933,150
Metropolitan Pier &
Exposition Authority, Illinois Revenue 		     
(McCormick Place Expansion Project)      
Series A 4.65% 12/15/52 (AGM) ^    4,625,000    1,103,571
Series B 4.545% 12/15/54 (BAM) ^    5,000,000    1,077,850
      Value (US $)
Municipal Bonds (continued)
Lease Revenue Bonds (continued)
New Jersey Transportation Trust
Fund Authority Revenue 		     
Series AA 4.00% 6/15/50 (BAM)     2,210,000 $  2,155,060
New York Liberty Development
Revenue 		     
(4 World Trade Center - Green Bonds)
Series A 2.875% 11/15/46 (BAM)  		   7,000,000    5,237,050
Virginia Commonwealth
Transportation Board Revenue 		     
(U.S. Route 58 Corridor Development Program)
 4.00% 5/15/47   		   2,000,000   1,956,540
   20,454,124
Local General Obligation Bonds — 5.79%
Beacon Point, Colorado
Metropolitan District 		     
 5.00% 12/1/30 (AGM)       600,000      621,096
Cass Lake-Bena, Minnesota
Independent School District No. 115 		     
(Minnesota School District Credit Enhancement Program)
Series A 4.00% 2/1/39   		     930,000      935,031
Chicago Board of Education Tax
General Obligation 		     
(Dedicated Revenues)
Series D 5.00% 12/1/46   		   3,000,000    2,951,070
Chicago, Illinois Board of
Education Dedicated Capital Improvement 		     
 5.00% 4/1/46        905,000      911,724
Jefferson County, Colorado
School District No. R-1 		     
 5.25% 12/15/24        750,000      772,853
New York City, New York      
Fiscal 2023 Subordinate Series B-1 5.25% 10/1/47      1,500,000    1,687,440
Philadelphia, Pennsylvania      
(Tax-Exempt)
Series A 4.00% 5/1/42   		     500,000     488,995
    8,368,209
 
6    NQ- OV9 [0623] 0823 (3054904)
(Unaudited)
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Pre-Refunded Bonds — 1.00%
Colorado Educational & Cultural
Facilities Authority 		     
(Charter School - Atlas Preparatory School Project)
144A 5.25% 4/1/45-25  #, § 		     700,000 $    723,359
St. Paul, Minnesota Housing &
Redevelopment Authority Hospital Facility 		     
(Healtheast Care System Project)      
Series A 5.00% 11/15/29-25  §      395,000      411,081
Series A 5.00% 11/15/30-25  §      290,000     301,806
    1,436,246
State General Obligation Bonds — 6.05%
California State      
(Various Purpose)      
 3.00% 3/1/46      2,000,000    1,638,700
 4.00% 10/1/50      5,000,000    5,027,100
Commonwealth of Puerto Rico      
(Restructured)      
Series A-1 4.00% 7/1/37         99,821       89,861
Series A-1 4.00% 7/1/46      2,340,000   1,985,396
    8,741,057
Transportation Revenue Bonds — 7.75%
Colorado High Performance
Transportation Enterprise Revenue 		     
(C-470 Express Lanes)
 5.00% 12/31/56   		   1,000,000      996,760
Denver, Colorado City & County
Airport System Subordinate Revenue 		     
Series A 5.00% 12/1/48 (AMT)     1,000,000    1,030,620
Illinois State Toll Highway
Authority Revenue 		     
(Senior)
Series A 5.00% 1/1/42   		   2,700,000    2,967,813
Port Authority of Guam Revenue      
(Governmental)
Series A 5.00% 7/1/48   		   1,050,000    1,071,473
Puerto Rico Highway &
Transportation Authority Revenue 		     
(Restructured)
Series A 5.00% 7/1/62   		   1,250,000    1,218,750
    Principal
amount° 		Value (US $)
Municipal Bonds (continued)
Transportation Revenue Bonds (continued)
South Jersey, New Jersey
Transportation Authority Revenue 		     
Series A 5.00% 11/1/45 (BAM)     2,455,000 $  2,625,156
St. Paul, Minneapolis Metropolitan
Airports Commission Revenue 		     
(Senior)
Series C 5.00% 1/1/46   		   1,245,000   1,284,790
   11,195,362
Water & Sewer Revenue Bonds — 7.70%
Guam Waterworks Authority Water
& Wastewater System Revenue Refunding 		     
 5.00% 7/1/37      3,000,000    3,069,090
Portland, Oregon Sewer System
Revenue 		     
(Second Lien)      
Series A 5.00% 12/1/42      2,195,000    2,470,999
Series A 5.00% 12/1/47      5,000,000   5,572,550
   11,112,639
Total Municipal Bonds
(cost $240,287,024) 		235,340,049
 
Short-Term Investments — 3.18%
Variable Rate Demand Notes — 3.18%¤
Los Angeles Department of Water
& Power Revenue 		     
Subordinate Series A-2 2.60% 7/1/45
(SPA - Barclays Bank) 		   3,000,000    3,000,000
Subordinate
Series B-3 2.60% 7/1/34
(SPA - Barclays Bank) 		     500,000      500,000
Minneapolis, Minnesota Health
Care System Revenue 		     
(Fairview Health Services) Series C 3.65% 11/15/48
(LOC – Wells Fargo Bank N.A.) 		     200,000      200,000
University of North Carolina
Hospitals at Chapel Hill 		     
Series A 3.60% 2/15/31
(SPA - TD Bank N.A.) 		     900,000     900,000
Total Short-Term Investments
(cost $4,600,000) 		  4,600,000
Total Value of Securities—166.14%
(cost $244,887,024) 		$239,940,049
 
NQ- OV9 [0623] 0823 (3054904)    7
Schedule of investments
Delaware Investments® National Municipal Income Fund   (Unaudited)
      Value (US $)
Liquidation Value of Preferred – (68.55%)     (99,000,000)
Receivables and Other Assets Net of Liabilities—2.41%     $  3,480,038
Net Assets Applicable to 12,278,003 Shares Outstanding—100.00%     $144,420,087
° Principal amount shown is stated in USD unless noted that the security is denominated in another currency.
# Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At June 30, 2023, the aggregate value of Rule 144A securities was $4,967,266, which represents 3.44% of the Fund's net assets.
‡ Non-income producing security. Security is currently in default.
^ Zero-coupon security. The rate shown is the effective yield at the time of purchase.
§ 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.
¤ 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 June 30, 2023.
Summary of abbreviations: 
AGM – Insured by Assured Guaranty Municipal Corporation
AICUP – Association of Independent Colleges & Universities of Pennsylvania
AMT – Subject to Alternative Minimum Tax
BAM – Insured by Build America Mutual Assurance
ICE – Intercontinental Exchange, Inc.
LLC – Limited Liability Corporation
LOC – Letter of Credit
N.A. – National Association
SPA – Stand-by Purchase Agreement
USD – US Dollar
 
8    NQ- OV9 [0623] 0823 (3054904)