NPORT-EX 2 AV71DelInvestCoMuniIncFd.htm
Schedule of investments
Delaware Investments® Colorado Municipal Income Fund, Inc.
June 30, 2021 (Unaudited)
    Principal amount° Value (US $)
Municipal Bonds — 139.66%
Corporate Revenue Bonds — 6.43%
Denver City & County      
(United Airlines Project)
 5.00% 10/1/32 (AMT)  		  215,000 $229,872
Public Authority for
Colorado Energy Natural Gas Revenue 		     
 6.50% 11/15/38     2,250,000 3,525,750
Public Authority for
Colorado Energy Revenue 		     
 6.25% 11/15/28     865,000 1,102,676
  4,858,298
Education Revenue Bonds — 18.38%
Board of Trustees For
Colorado Mesa University Enterprise Revenue 		     
Series B 5.00% 5/15/49     750,000 938,813
Colorado Educational &
Cultural Facilities Authority Revenue 		     
144A 5.00% 7/1/36  #   500,000 548,065
 5.125% 11/1/49     765,000 822,298
144A 5.25% 7/1/46  #   500,000 545,820
(Alexander Dawson School-Nevada Project)
 5.00% 5/15/29   		  760,000 898,799
(Aspen View Academy Project)
 4.00% 5/1/41   		  175,000 196,980
(Charter School - Atlas Preparatory School)
144A 5.25% 4/1/45  # 		  700,000 733,845
(Charter School - Community Leadership Academy)
 7.45% 8/1/48   		  500,000 552,975
(Charter School - Peak to Peak Charter)
 5.00% 8/15/34   		  1,000,000 1,111,090
    Principal amount° Value (US $)
Municipal Bonds (continued)
Education Revenue Bonds (continued)
Colorado Educational &
Cultural Facilities Authority Revenue 		     
(Global Village Academy - Northglenn Project)
144A 5.00% 12/1/50  # 		  475,000 $520,923
(Improvement - Charter School - University Lab School Building)
 5.00% 12/15/45   		  500,000 546,040
(Liberty Charter School)
Series A 5.00% 1/15/44   		  1,000,000 1,071,070
(Littleton Charter School Project)
 4.375% 1/15/36 (AGC)  		  1,200,000 1,201,728
(Loveland Classical Schools)
144A 5.00% 7/1/36  # 		  625,000 696,413
(Science Technology Engineering and Math (Stem) School Project)
 5.00% 11/1/54   		  700,000 748,678
(Skyview Charter School)
144A 5.50% 7/1/49  # 		  750,000 809,392
(Vail Mountain School Project)
 4.00% 5/1/46   		  25,000 26,511
(Vega Collegiate Academy Project)      
Series A 144A 5.00% 2/1/34  #   100,000 114,623
Series A 144A 5.00% 2/1/51  #   900,000 1,002,762
(Windsor Charter Academy Project)
 5.00% 9/1/46   		  500,000 501,880
Colorado School of
Mines 		     
Series B 5.00% 12/1/42     270,000 286,991
  13,875,696
 
NQ-OV2 [6/21] 8/21 (1805346)    1
Schedule of investments
Delaware Investments® Colorado Municipal Income Fund, Inc. (Unaudited)
    Principal amount° Value (US $)
Municipal Bonds (continued)
Electric Revenue Bonds — 5.97%
City of Fort Collins
Electric Utility Enterprise Revenue 		     
Series A 5.00% 12/1/42     500,000 $622,855
City of Loveland
Colorado Electric & Communications Enterprise Revenue 		     
Series A 5.00% 12/1/44     1,060,000 1,319,636
Puerto Rico Electric
Power Authority Revenue 		     
Series A 5.05% 7/1/42  ‡   75,000 72,938
Series AAA 5.25% 7/1/25  ‡   40,000 39,000
Series CCC 5.25% 7/1/27  ‡   335,000 326,625
Series WW 5.00% 7/1/28  ‡   325,000 316,062
Series WW 5.25% 7/1/33  ‡   95,000 92,625
Series WW 5.50% 7/1/17  ‡   210,000 202,650
Series WW 5.50% 7/1/19  ‡   160,000 154,800
Series XX 4.75% 7/1/26  ‡   45,000 43,594
Series XX 5.25% 7/1/40  ‡   825,000 804,375
Series XX 5.75% 7/1/36  ‡   155,000 152,094
Series ZZ 4.75% 7/1/27  ‡   35,000 33,906
Series ZZ 5.00% 7/1/19  ‡   280,000 269,500
Series ZZ 5.25% 7/1/24  ‡   55,000 53,625
  4,504,285
Healthcare Revenue Bonds — 36.39%
Colorado Health
Facilities Authority Revenue 		     
(AdventHealth Obligated Group)      
Series A 3.00% 11/15/51     2,000,000 2,153,880
Series A 4.00% 11/15/43     1,000,000 1,182,980
(Adventist Health System/Sunbelt Obligated Group)
Series A 5.00% 11/15/48   		  1,000,000 1,225,540
(Bethesda Project)
Series A1 5.00% 9/15/48   		  750,000 873,397
(Boulder Community Health Project)      
 4.00% 10/1/38     250,000 292,785
 4.00% 10/1/39     250,000 292,073
 4.00% 10/1/40     280,000 326,564
    Principal amount° Value (US $)
Municipal Bonds (continued)
Healthcare Revenue Bonds (continued)
Colorado Health
Facilities Authority Revenue 		     
(Cappella of Grand Junction Project)
144A 5.00% 12/1/54  # 		  945,000 $974,408
(Christian Living Community Project)
 6.375% 1/1/41   		  615,000 627,288
(CommonSpirit Health)      
Series A-1 4.00% 8/1/39     550,000 635,355
Series A-2 4.00% 8/1/49     1,500,000 1,705,470
Series A-2 5.00% 8/1/39     1,500,000 1,880,280
Series A-2 5.00% 8/1/44     1,500,000 1,864,950
(Covenant Living Communities and Services)
Series A 4.00% 12/1/40   		  750,000 871,612
(Covenant Retirement Communities Inc.)
 5.00% 12/1/35   		  1,000,000 1,125,170
(Frasier Meadows Retirement Community Project)
Series B 5.00% 5/15/48   		  340,000 358,102
(Healthcare Facilities - American Baptist)
 8.00% 8/1/43   		  500,000 535,860
(Mental Health Center of Denver Project)
Series A 5.75% 2/1/44   		  1,500,000 1,614,030
(National Jewish Health Project)
 5.00% 1/1/27   		  500,000 508,765
(Sanford Health)
Series A 5.00% 11/1/44   		  1,500,000 1,900,665
(SCL Health System)      
Series A 4.00% 1/1/37     575,000 686,889
Series A 4.00% 1/1/38     1,950,000 2,319,310
Series A 4.00% 1/1/39     465,000 551,816
(Sunny Vista Living Center)
Series A 144A 6.25% 12/1/50  # 		  505,000 549,253
 
2    NQ-OV2 [6/21] 8/21 (1805346)
(Unaudited)
    Principal amount° Value (US $)
Municipal Bonds (continued)
Healthcare Revenue Bonds (continued)
Colorado Health
Facilities Authority Revenue 		     
(Vail Valley Medical Center Project)
 5.00% 1/15/35   		  1,250,000 $1,459,775
(Valley View Hospital Association Project)
Series A 4.00% 5/15/34   		  330,000 374,916
Denver Health &
Hospital Authority Health Care Revenue 		     
Series A 4.00% 12/1/40     500,000 581,320
  27,472,453
Lease Revenue Bonds — 2.16%
Denver Health &
Hospital Authority 		     
(550 ACOMA, Inc.)
 4.00% 12/1/38   		  500,000 576,150
State of Colorado
Department of Transportation
Certificates of Participation 		     
 5.00% 6/15/34     340,000 405,107
 5.00% 6/15/36     545,000 647,040
  1,628,297
Local General Obligation Bonds — 17.77%
Adams & Weld Counties
School District No 27J Brighton 		     
 4.00% 12/1/30     700,000 805,175
Arapahoe County School
District No. 6 Littleton 		     
Series A 5.50% 12/1/38     650,000 855,432
Beacon Point
Metropolitan District 		     
 5.00% 12/1/30 (AGM)    600,000 712,140
Boulder Valley School
District No RE-2 Boulder 		     
Series A 4.00% 12/1/48     500,000 586,485
Denver City & County      
Series B 5.00% 8/1/30     2,000,000 2,700,940
    Principal amount° Value (US $)
Municipal Bonds (continued)
Local General Obligation Bonds (continued)
Grand River Hospital
District 		     
 5.25% 12/1/37 (AGM)    675,000 $790,074
Jefferson County School
District No. R-1 		     
 5.25% 12/15/24     750,000 876,810
Sierra Ridge
Metropolitan District No. 2 		     
Series A 5.50% 12/1/46     500,000 519,625
Verve Metropolitan
District No 1 		     
 5.00% 12/1/51     1,000,000 1,101,390
Weld County School
District No. RE-1 		     
 5.00% 12/15/30 (AGM)    500,000 609,670
Weld County School
District No. RE-2 Eaton 		     
Series 2 5.00% 12/1/44     1,250,000 1,600,625
Weld County School
District No. RE-3J 		     
 5.00% 12/15/34 (BAM)    1,000,000 1,219,930
Weld County School
District No. RE-8 		     
 5.00% 12/1/31     510,000 624,245
 5.00% 12/1/32     340,000 415,759
  13,418,300
Pre-Refunded/Escrowed to Maturity Bonds — 15.76%
Colorado Educational &
Cultural Facilities Authority Revenue 		     
(Johnson & Wales University)
Series A 5.25% 4/1/37-23  § 		  900,000 977,400
 
NQ-OV2 [6/21] 8/21 (1805346)    3
Schedule of investments
Delaware Investments® Colorado Municipal Income Fund, Inc. (Unaudited)
    Principal amount° Value (US $)
Municipal Bonds (continued)
Pre-Refunded/Escrowed to Maturity Bonds (continued)
Colorado Health
Facilities Authority Revenue 		     
(Covenant Retirement Communities Inc.)
Series A 5.75% 12/1/36-23  § 		  1,000,000 $1,132,530
(Evangelical Lutheran Good Samaritan Society)      
 5.00% 6/1/28-23  §   1,250,000 1,363,788
 5.50% 6/1/33-23  §   2,000,000 2,201,160
 5.625% 6/1/43-23  §   1,000,000 1,102,960
Colorado School of
Mines 		     
Series B 5.00% 12/1/42-22  §   1,115,000 1,190,028
Denver City & County
Airport System Revenue 		     
Series B 5.00% 11/15/37-22  §   1,700,000 1,812,013
Eaton Area Park &
Recreation District 		     
 5.25% 12/1/34-22  §   190,000 203,595
 5.50% 12/1/38-22  §   245,000 263,032
Pueblo County
Certificates of Participation 		     
(County Judicial Complex Project)
 5.00% 9/15/42-22 (AGM) § 		  1,250,000 1,323,125
Tallyn's Reach
Metropolitan District No. 3 		     
(Limited Tax Convertible)
 5.125% 11/1/38-23  § 		  295,000 327,013
  11,896,644
Special Tax Revenue Bonds — 18.52%
Central Platte Valley
Metropolitan District 		     
 5.00% 12/1/43     375,000 398,141
    Principal amount° Value (US $)
Municipal Bonds (continued)
Special Tax Revenue Bonds (continued)
Commerce City      
 5.00% 8/1/44 (AGM)    1,000,000 $1,121,110
Fountain Urban Renewal
Authority Tax Increment Revenue 		     
(Academy Highlands Project)
Series A 5.50% 11/1/44   		  655,000 700,929
Guam Government
Business Privilege Tax Revenue 		     
Series A 5.125% 1/1/42     435,000 445,418
Series A 5.25% 1/1/36     565,000 578,882
Lincoln Park
Metropolitan District 		     
 5.00% 12/1/46 (AGM)    500,000 600,260
Prairie Center
Metropolitan District No. 3 		     
Series A 144A 5.00% 12/15/41  #   500,000 549,050
Puerto Rico Sales Tax
Financing Revenue 		     
(Restructured)      
Series A-1 4.55% 7/1/40     1,000,000 1,138,140
Series A-1 4.75% 7/1/53     2,560,000 2,914,637
Series A-1 5.00% 7/1/58     920,000 1,062,701
Series A-2 4.784% 7/1/58     1,100,000 1,255,507
Regional Transportation
District Sales Tax Revenue 		     
(FasTracks Project)      
Series A 5.00% 11/1/30     330,000 402,996
Series A 5.00% 11/1/31     755,000 921,561
Solaris Metropolitan
District No. 3 		     
(Limited Tax Convertible)
Series A 5.00% 12/1/46   		  500,000 521,380
Southlands Metropolitan
District No. 1 		     
Series A1 5.00% 12/1/37     200,000 230,882
Series A1 5.00% 12/1/47     300,000 340,947
 
4    NQ-OV2 [6/21] 8/21 (1805346)
(Unaudited)
    Principal amount° Value (US $)
Municipal Bonds (continued)
Special Tax Revenue Bonds (continued)
Thornton Development
Authority 		     
(East 144th Avenue & I-25 Project)      
Series B 5.00% 12/1/35     265,000 $301,763
Series B 5.00% 12/1/36     440,000 500,562
  13,984,866
State General Obligation Bonds — 3.88%
Commonwealth of
Puerto Rico 		     
(General Obligation Bonds)      
Series A 5.00% 7/1/41  ‡   305,000 256,581
Series A 5.375% 7/1/33  ‡   305,000 278,694
Series A 5.50% 7/1/39  ‡   1,350,000 1,191,375
Series A 8.00% 7/1/35  ‡   535,000 444,050
Series B 5.75% 7/1/38  ‡   440,000 397,100
Series C 6.00% 7/1/39  ‡   400,000 364,500
  2,932,300
Transportation Revenue Bonds — 8.10%
Colorado High
Performance Transportation Enterprise Revenue 		     
(C-470 Express Lanes)
 5.00% 12/31/56   		  1,000,000 1,143,330
(Senior U.S. 36 & I-25 Managed Lanes)
 5.75% 1/1/44 (AMT)  		  1,110,000 1,196,636
Denver City & County
Airport System Revenue 		     
Series A 5.00% 12/1/29 (AMT)    270,000 341,188
Series A 5.00% 12/1/48 (AMT)    1,000,000 1,222,040
E-470 Public Highway
Authority 		     
Series A 5.00% 9/1/34     310,000 405,303
    Principal amount° Value (US $)
Municipal Bonds (continued)
Transportation Revenue Bonds (continued)
Regional Transportation
District 		     
(Denver Transit Partners Eagle P3 Project)
Series A 4.00% 7/15/35   		  1,500,000 $1,808,580
  6,117,077
Water & Sewer Revenue Bonds — 6.30%
Arapahoe County Water
& Wastewater Authority Revenue 		     
Series A 4.00% 12/1/39     1,250,000 1,511,788
Central Weld County
Water District 		     
 4.00% 12/1/40 (AGM)    500,000 595,850
Dominion Water &
Sanitation District, Colorado 		     
 6.00% 12/1/46     245,000 254,165
Guam Government
Waterworks Authority Revenue 		     
 5.00% 7/1/40     360,000 419,220
Metro Wastewater
Reclamation District 		     
Series A 5.00% 4/1/33     500,000 660,215
Morgan County Quality
Water District 		     
 4.00% 12/1/45 (AGM)    750,000 885,420
 4.00% 12/1/50 (AGM)    365,000 429,481
  4,756,139
Total Municipal Bonds
(cost $97,060,598) 		105,444,355
 
Short-Term Investments — 1.32%
Variable Rate Demand Note — 1.32%¤
Denver City & County      
Series A3 0.03% 12/1/31 (SPA - JPMorgan Chase Bank, N.A.)   1,000,000 1,000,000
Total Short-Term Investments
(cost $1,000,000) 		1,000,000
 
NQ-OV2 [6/21] 8/21 (1805346)    5
Schedule of investments
Delaware Investments® Colorado Municipal Income Fund, Inc. (Unaudited)
      Value (US $)
Total Value of Securities—140.98%
(cost $98,060,598) 		$106,444,355
Liquidation Value of Preferred – (39.73%)     (30,000,000)
Liabilities Net of Receivables and Other Assets—(1.25)%     $(942,566)
Net Assets Applicable to 4,837,100 Shares Outstanding—100.00%     $75,501,789
° 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, 2021, the aggregate value of Rule 144A securities was $7,044,554, which represents 9.33% of the Fund's net assets.
‡ Non-income producing security. Security is currently in default.
§ 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, 2021.
Summary of abbreviations: 
AGC – Insured by Assured Guaranty Corporation
AGM – Insured by Assured Guaranty Municipal Corporation
AMT – Subject to Alternative Minimum Tax
BAM – Insured by Build America Mutual Assurance
N.A. – National Association
SPA – Stand-by Purchase Agreement
USD – US Dollar
 
6    NQ-OV2 [6/21] 8/21 (1805346)