-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ghzcv3mzuqjYQ6qZk2Htj8QOLclp84hUf4UmJF0tZv9whq9jOgUlvv3IVF6Ea1KK nimJblOBldd8mUDoVrg5LA== 0000950116-05-003325.txt : 20051031 0000950116-05-003325.hdr.sgml : 20051031 20051031140135 ACCESSION NUMBER: 0000950116-05-003325 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20050831 FILED AS OF DATE: 20051031 DATE AS OF CHANGE: 20051031 EFFECTIVENESS DATE: 20051031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DELAWARE INVESTMENTS GLOBAL DIVIDEND & INCOME FUND INC CENTRAL INDEX KEY: 0000916713 IRS NUMBER: 232753201 STATE OF INCORPORATION: MD FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-08246 FILM NUMBER: 051165843 BUSINESS ADDRESS: STREET 1: 2005 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 2152552127 MAIL ADDRESS: STREET 1: 2005 MARKET STREET STREET 2: . CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: DELAWARE GROUP GLOBAL DIVIDEND & INCOME FUND INC DATE OF NAME CHANGE: 19931229 N-Q 1 n-q.txt FORM N-Q UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM N-Q QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY
Investment Company Act file number: 811-8246 Exact name of registrant as specified in charter: Delaware Investments Global Dividend and Income Fund, Inc. Address of principal executive offices: 2005 Market Street Philadelphia, PA 19103 Name and address of agent for service: David P. O'Connor, Esq. 2005 Market Street Philadelphia, PA 19103 Registrant's telephone number, including area code: (800) 523-1918 Date of fiscal year end: November 30 Date of reporting period: August 31, 2005
ITEM 1. SCHEDULE OF INVESTMENTS. SCHEDULE OF INVESTMENTS (Unaudited) DELAWARE INVESTMENTS GLOBAL DIVIDEND AND INCOME FUND, INC. AUGUST 31, 2005
MARKET NUMBER OF VALUE SHARES (U.S.$) COMMON STOCK - 75.46% Consumer Discretionary - 7.29% DSG International 71,000 $194,436 Esprit Holdings 49,500 366,664 Gap 31,017 589,633 Honda 8,500 457,681 Kesa Electricals 89,300 423,425 *Lagardere Groupe 6,450 463,246 Limited Brands 28,900 635,222 Mattel 37,500 676,125 Michelin 7,440 454,347 Nissan 38,700 407,380 Volkswagen 7,500 396,613 WPP Group 37,300 386,510 *+XM Satellite Radio Holdings Class A 400 14,100 ------------- 5,465,382 ------------- Consumer Staples - 4.93% Archer-Daniels-Midland 32,600 733,826 B&G Foods 800 10,360 ConAgra Foods 31,000 707,730 Kao 17,000 404,847 Kimberly-Clark 11,000 685,520 Metro 8,440 430,467 Safeway 30,300 719,019 ------------- 3,691,769 ------------- Energy - 4.08% Chevron 11,800 724,520 ConocoPhillips 11,300 745,122 Exxon Mobil 11,500 688,850 *+Petroleum Geo-Services ADR 1,191 35,849 Total 3,270 862,855 ------------- 3,057,196 ------------- Financials - 14.55% Allstate 11,300 635,173 Aon 27,800 831,776 AXA 13,900 371,424 Chubb 8,000 695,680 Citic International Financial 695,000 298,650 *Dexia 19,800 432,742 Hartford Financial Services 8,800 642,840 HBOS 23,800 374,375 Huntington Bancshares 28,400 681,316 ING Groep 17,300 505,041 Kookmin Bank ADR 9,000 456,120 Mitsubishi Tokyo Financial 48 495,435 Morgan Stanley 13,300 676,571 Nordea Bank AB 49,600 481,060 Royal & Sun Alliance Insurance 235,700 395,374 Royal Bank of Scotland Group 17,200 503,743 Schroders 12,900 203,206 Standard Chartered 22,000 472,079 Wachovia 13,800 684,756 Washington Mutual 16,800 698,544 Westpac Banking 24,800 370,886 ------------- 10,906,791 ------------- Health Care - 9.43% Abbott Laboratories 15,000 676,950 Baxter International 18,000 725,939 Bristol-Myers Squibb 27,400 670,478 Merck 23,000 649,290 Novartis 8,500 413,347 Novo Nordisk 7,900 408,236 Pfizer 26,500 674,955 Sanofi-Synthelabo 5,800 496,867 Shire Pharmaceuticals Group 38,700 486,783 Smith & Nephew 34,800 335,520 Stada Arzneimittel 10,500 367,376 Terumo 15,600 449,307 Wyeth 15,600 714,323 ------------- 7,069,371 -------------
MARKET NUMBER OF VALUE SHARES (U.S.$) Health Care REITs - 0.14% #Medical Properties Trust 144A 9,400 103,400 ------------- 103,400 ------------- Industrials - 3.39% Air France - KLM 15,900 260,464 Boeing 10,600 710,411 +British Airways 78,400 393,007 *Compagnie de Saint-Gobain 7,440 454,266 +Foster Wheeler 1,828 49,181 Union Pacific 9,900 675,873 ------------- 2,543,202 ------------- Industrial REITs - 0.93% AMB Property 15,700 695,981 ------------- 695,981 ------------- Information Technology - 5.77% Canon 7,400 374,790 +CGI Group 99,800 712,167 Fujitsu 67,000 401,702 Hewlett-Packard 29,200 810,592 International Business Machines 8,400 677,208 Nokia Oyj 27,800 438,639 Sony 6,000 201,965 +Xerox 52,900 709,389 ------------- 4,326,452 ------------- Lodging/Resort REITs - 2.01% +Great Wolf Resorts 19,000 218,500 +Jameson Inns 400,000 956,000 Strategic Hotel Capital 18,100 333,764 ------------- 1,508,264 ------------- Mall REITs - 4.80% General Growth Properties 73,110 3,296,530 Simon Property Group 4,000 304,280 ------------- 3,600,810 ------------- Materials - 3.37% Alcan Aluminium 11,900 391,804 Cemex 121,500 578,636 Lafarge SA 3,850 359,354 Rio Tinto 14,700 521,897 Weyerhaeuser 10,400 676,208 ------------- 2,527,899 ------------- Mortgage REITs - 5.16% *American Home Mortgage Investment 24,000 767,760 *Friedman Billings Ramsey Group Class A 22,240 260,208 +JER Investors Trust 28,500 514,710 KKR Financial 1,500 35,085 +#KKR Financial 144A 24,600 575,394 *MortgageIT Holdings 52,100 841,415 +#Peoples Choice 144A 47,300 461,175 *Saxon Capital 32,400 410,508 ------------- 3,866,255 ------------- Multifamily REITs - 0.53% *Education Realty Trust 13,700 252,765 *Equity Lifestyle Properties 3,200 144,512 ------------- 397,277 ------------- Office/Industrial REITs - 0.97% *Duke Realty 22,300 730,102 ------------- 730,102 ------------- Office REITs - 1.88% Prentiss Properties Trust 18,208 699,916 *Reckson Associates Realty 21,400 709,410 ------------- 1,409,326 ------------- Retail Strip Centers REITs - 0.24% *Ramco-Gershenson Properties 6,300 182,826 ------------- 182,826 ------------- Telecommunications - 5.03% Deutsche Telekom 19,800 377,705 *Fairpoint Communications 42,000 674,940 SBC Communications 28,700 691,097 *Telefonos de Mexico ADR 20,800 399,360 Telus 13,900 512,343 Verizon Communications 20,700 677,097 Vodafone Group 158,800 434,875 ------------- 3,767,417 ------------- Utilities - 0.96% FPL Group 16,600 715,294 ------------- 715,294 ------------- TOTAL COMMON STOCK (cost $49,102,324) 56,565,014 =============
MARKET NUMBER OF VALUE SHARES (U.S.$) CONVERTIBLE PREFERRED STOCK - 0.98% Environmental Services - 0.25% Allied Waste Industries 6.25% 4,000 188,260 ------------- 188,260 ------------- Financials - 0.19% *Chubb 7.00% 4,000 126,720 Lehman Brothers Holdings 6.25% 750 19,500 ------------- 146,220 ------------- Telecommunications - 0.54% Lucent Technologies Capital Trust I 7.75% 400 401,200 ------------- 401,200 ------------- TOTAL CONVERTIBLE PREFERRED STOCK (cost $844,750) 735,680 ============= PREFERRED STOCK - 2.96% Leisure, Lodging & Entertainment - 0.57% WestCoast Hospitality Capital Trust 9.50% 15,700 425,313 ------------- 425,313 ------------- Lodging/Resort REITs - 1.20% Equity Inns Series B 8.75% 10,000 268,500 LaSalle Hotel Properties 10.25% 23,500 633,324 ------------- 901,824 ------------- Office REITs - 0.77% SL Green Realty 7.625% 22,000 572,689 ------------- 572,689 ------------- Retail Strip Centers REITs - 0.42% Ramco-Gershenson Properties 9.50% 11,500 316,538 ------------- 316,538 ------------- TOTAL PREFERRED STOCK (cost $2,067,500) 2,216,364 ============= PRINCIPAL AMOUNT 0 COMMERCIAL MORTGAGE-BACKED SECURITIES - 0.12% #Meristar Commercial Mortgage Trust Series 1999-C1 C 144A 8.29% 3/3/16 USD 85,000 92,526 ------------- TOTAL COMMERCIAL MORTGAGE-BACKED SECURITIES (cost $94,768) 92,526 ============= CONVERTIBLE BONDS - 2.47% Capital Goods - Manufacturing - 0.16% #Tyco International Group 144A 2.75% 1/15/18 USD 100,000 123,375 ------------- 123,375 ------------- Consumer Cyclical - 1.30% @Dick's Sporting Goods 1.606% 2/18/24 USD 140,000 96,600 Meristar Hospitality 9.50% 4/1/10 USD 300,000 391,125 #Playboy Enterprises 144A 3.00% 3/15/25 USD 160,000 160,400 #Regal Entertainment Group 144A 3.75% 5/15/08 USD 130,000 168,350 #Saks 144A 2.00% 3/15/24 USD 125,000 154,375 ------------- 970,850 ------------- Technology - 0.55% #Mercury Interactive 144A 4.75% 7/1/07 USD 275,000 278,438 #Sybase 144A 1.75% 2/22/25 USD 125,000 131,875 ------------- 410,313 ------------- Transportation - 0.06% #ExpressJet Holdings 144A 4.25% 8/1/23 USD 50,000 41,875 ------------- 41,875 ------------- Utilities - 0.40% #CenterPoint Energy 144A 3.75% 5/15/23 USD 200,000 256,500 *++Mirant 2.50% 6/15/21 USD 50,000 45,125 ------------- 301,625 ------------- TOTAL CONVERTIBLE BONDS (cost $1,606,660) 1,848,038 =============
PRINCIPAL AMOUNT 0 CORPORATE BONDS - 18.86% Basic Industry - 2.47% BCP Caylux 9.625% 6/15/14 USD 1,000 1,139 Bowater 9.50% 10/15/12 USD 100,000 110,500 Donohue Forrest Products 7.625% 5/15/07 USD 50,000 51,000 Fort James 7.75% 11/15/23 USD 190,000 215,174 Georgia-Pacific 8.875% 5/15/31 USD 50,000 61,984 *#Huntsman International 144A 7.375% 1/1/15 USD 85,000 86,275 MDP Acquisitions 9.625% 10/1/12 USD 75,000 77,063 #NewPage 144A 10.00% 5/1/12 USD 65,000 65,650 *Norske Skog 8.625% 6/15/11 USD 175,000 182,875 *#Novelis 144A 7.25% 2/15/15 USD 80,000 80,600 #Port Townsend Paper 144A 12.00% 4/15/11 USD 100,000 80,500 Potlatch 12.50% 12/1/09 USD 95,000 117,226 Rhodia *8.875% 6/1/11 USD 105,000 102,900 10.25% 6/1/10 USD 25,000 27,188 Smurfit Capital Funding 7.50% 11/20/25 USD 140,000 130,200 *++Solutia 6.72% 10/15/37 USD 155,000 133,300 Stone Container 9.75% 2/1/11 USD 135,000 141,581 Tembec Industries 8.625% 6/30/09 USD 150,000 121,500 *Witco 6.875% 2/1/26 USD 60,000 61,800 ------------- 1,848,455 ------------- Brokerage - 0.35% E Trade Financial 8.00% 6/15/11 USD 115,000 122,475 LaBranche & Company 9.50% 5/15/09 USD 90,000 95,850 11.00% 5/15/12 USD 40,000 44,400 ------------- 262,725 ------------- Capital Goods - 1.44% ++Anchor Glass 11.00% 2/15/13 USD 85,000 57,375 *Armor Holdings 8.25% 8/15/13 USD 125,000 136,250 Graham Packaging 9.875% 10/15/14 USD 115,000 119,600 Interface 9.50% 2/1/14 USD 95,000 97,375 Interline Brands 11.50% 5/15/11 USD 120,000 133,800 Intertape Polymer 8.50% 8/1/14 USD 105,000 105,401 @Mueller Holdings 14.75% 4/15/14 USD 60,000 44,100 Park-Ohio Industries 8.375% 11/15/14 USD 45,000 42,356 *Pliant 11.125% 9/1/09 USD 175,000 164,062 Radnor Holdings o10.349% 4/15/09 USD 50,000 48,750 11.00% 3/15/10 USD 80,000 52,800 Trimas 9.875% 6/15/12 USD 95,000 81,700 ------------- 1,083,569 ------------- Consumer Cyclical - 1.10% Accuride 8.50% 2/1/15 USD 110,000 114,950 *Advanced Accessory Systems 10.75% 6/15/11 USD 40,000 35,200 ++Avado Brands 9.75% 6/1/06 USD 45,000 4,275 Brickman Group 11.75% 12/15/09 USD 125,000 142,812 *#Carrols 144A 9.00% 1/15/13 USD 30,000 31,500 Dana 5.85% 1/15/15 USD 35,000 31,300 Landry's Restaurant 7.50% 12/15/14 USD 90,000 88,425 *#Metaldyne 144A 11.00% 11/1/13 USD 120,000 111,000 O'Charleys 9.00% 11/1/13 USD 50,000 54,250 #Uno Restaurant 144A 10.00% 2/15/11 USD 80,000 76,800 ++Venture Holdings 12.00% 6/1/09 USD 95,000 143 *Visteon 7.00% 3/10/14 USD 20,000 17,800 8.25% 8/1/10 USD 10,000 9,750 Warnaco 8.875% 6/15/13 USD 100,000 110,000 ------------- 828,205 ------------- Consumer Non-Cyclical - 1.67% *Biovail 7.875% 4/1/10 USD 140,000 145,775 #Commonwealth Brands 144A 9.75% 4/15/08 USD 50,000 53,000 10.625% 9/1/08 USD 95,000 100,700 Constellation Brands 8.125% 1/15/12 USD 165,000 176,550 Cott Beverages 8.00% 12/15/11 USD 110,000 116,600 Great Atlantic & Pacific Tea 7.75% 4/15/07 USD 160,000 167,240 #Le-Natures 144A 10.00% 6/15/13 USD 115,000 124,775 National Beef Packing 10.50% 8/1/11 USD 105,000 110,250 Pilgrim's Pride 9.625% 9/15/11 USD 90,000 97,875 Pinnacle Foods 8.25% 12/1/13 USD 65,000 63,050 #Warner Chilcott 144A 8.75% 2/1/15 USD 95,000 94,525 ------------- 1,250,340 -------------
PRINCIPAL AMOUNT|_| Energy - 1.02% *Bluewater Finance 10.25% 2/15/12 USD 55,000 59,950 #Chesapeake Energy 144A 6.50% 8/15/17 USD 65,000 66,625 El Paso Natural Gas 7.625% 8/1/10 USD 45,000 48,398 El Paso Production Holding 7.75% 6/1/13 USD 165,000 175,312 #Hilcorp Energy I 144A 10.50% 9/1/10 USD 45,000 50,175 #Inergy Finance 144A 6.875% 12/15/14 USD 50,000 49,000 *Petroleum Geo-Services 10.00% 11/5/10 USD 109,981 124,279 oSecunda International 11.599% 9/1/12 USD 55,000 55,000 Tennessee Gas Pipeline 8.375% 6/15/32 USD 70,000 84,251 Whiting Petroleum 7.25% 5/1/13 USD 50,000 50,500 ------------- 763,490 ------------- Finance & Investments - 0.22% FINOVA Group 7.50% 11/15/09 USD 165,300 69,426 #FTI Consulting 144A 7.625% 6/15/13 USD 90,000 92,250 ------------- 161,676 ------------- Media - 2.50% >Adelphia Communications 8.125% 7/15/06 USD 110,000 93,363 American Media Operation 10.25% 5/1/09 USD 30,000 30,263 Cenveo 9.625% 3/15/12 USD 75,000 80,625 #Charter Communications 144A 5.875% 11/16/09 USD 40,000 32,550 *Charter Communications Holdings 10.75% 10/1/09 USD 280,000 239,399 #Charter Communications Operating 144A 8.375% 4/30/14 USD 100,000 101,250 CSC Holdings 8.125% 7/15/09 USD 70,000 72,100 *10.50% 5/15/16 USD 80,000 87,000 Dex Media West 9.875% 8/15/13 USD 10,000 11,363 Insight Midwest 10.50% 11/1/10 USD 215,000 228,437 *Lodgenet Entertainment 9.50% 6/15/13 USD 125,000 137,812 *Mediacom Capital 9.50% 1/15/13 USD 135,000 138,037 Nextmedia Operating 10.75% 7/1/11 USD 125,000 135,938 Rogers Cablesystems 11.00% 12/1/15 USD 55,000 58,988 Sheridan Acquisition Group 10.25% 8/15/11 USD 40,000 42,000 *#Sirius Satellite 144A 9.625% 8/1/13 USD 110,000 108,625 Warner Music Group 7.375% 4/15/14 USD 120,000 123,000 XM Satellite Radio *12.00% 6/15/10 USD 85,000 97,644 14.00% 3/15/10 USD 50,000 54,000 ------------- 1,872,394 ------------- Real Estate - 0.40% #America Real Estate 144A 7.125% 2/15/13 USD 90,000 90,900 BF Saul REIT 7.50% 3/1/14 USD 105,000 108,806 Tanger Properties 9.125% 2/15/08 USD 90,000 97,650 ------------- 297,356 ------------- Services Cyclical - 2.55% *Adesa 7.625% 6/15/12 USD 100,000 102,250 #CCM Merger Motor 144A 8.00% 8/1/13 USD 75,000 76,875 Corrections Corporation of America 7.50% 5/1/11 USD 100,000 103,875 Foster Wheeler 10.359% 9/15/11 USD 80,000 88,400 Gaylord Entertainment 6.75% 11/15/14 USD 65,000 63,863 #@H-Lines Finance Holding 144A 11.00% 4/1/13 USD 135,000 110,869 Horizon Lines 9.00% 11/1/12 USD 50,000 54,438 Kansas City Southern Railway 9.50% 10/1/08 USD 175,000 191,187 #Knowledge Learning 144A 7.75% 2/1/15 USD 65,000 64,188 Mandalay Resort Group 10.25% 8/1/07 USD 200,000 217,749 #MGM Mirage 144A 6.625% 7/15/15 USD 60,000 60,900 OMI 7.625% 12/1/13 USD 130,000 134,225 Penn National Gaming 8.875% 3/15/10 USD 85,000 90,100 Royal Caribbean Cruises 7.25% 3/15/18 USD 85,000 92,225 Seabulk International 9.50% 8/15/13 USD 50,000 56,500 Stena 9.625% 12/1/12 USD 175,000 192,937 @Town Sports International 11.00% 2/1/14 USD 65,000 45,094 Ultrapetrol 9.00% 11/24/14 USD 45,000 42,075 Wheeling Island Gaming 10.125% 12/15/09 USD 120,000 127,650 ------------- 1,915,400 ------------- Services Non-cyclical - 1.25% Aleris International 9.00% 11/15/14 USD 110,000 116,600 Allied Waste North America 9.25% 9/1/12 USD 115,000 126,213 Casella Waste Systems 9.75% 2/1/13 USD 145,000 156,599 Geo Subordinate 11.00% 5/15/12 USD 95,000 97,138 NDCHealth 10.50% 12/1/12 USD 130,000 150,150 US Oncology 10.75% 8/15/14 USD 131,000 148,685 Vanguard Health 9.00% 10/1/14 USD 130,000 142,025 ------------- 937,410 -------------
PRINCIPAL AMOUNT|_| Technology & Electronics - 0.39% *Magnachip Semiconductor 8.00% 12/15/14 USD 65,000 61,425 Sanmina-SCI 10.375% 1/15/10 USD 65,000 72,475 *#STATS ChipPAC 144A 7.50% 7/19/10 USD 75,000 76,313 #Sunguard Data 144A 10.25% 8/15/15 USD 80,000 84,000 ------------- 294,213 ------------- Telecommunications - 2.00% Alaska Communications Systems 9.875% 8/15/11 USD 75,000 82,500 American Cellular 10.00% 8/1/11 USD 60,000 64,200 *American Tower 7.125% 10/15/12 USD 75,000 78,938 Centennial Cellular Operating 10.125% 6/15/13 USD 65,000 72,800 Cincinnati Bell 7.00% 2/15/15 USD 20,000 19,700 *8.375% 1/15/14 USD 55,000 55,825 @Inmarsat Finance 10.375% 11/15/12 USD 175,000 144,812 iPCS 11.50% 5/1/12 USD 115,000 133,399 Iwo Escrow Company o7.349% 1/15/12 USD 15,000 15,825 @10.75% 1/15/15 USD 15,000 10,613 @PanAmSat 10.375% 11/1/14 USD 195,000 135,037 Qwest 7.875% 9/1/11 USD 25,000 26,125 o#Qwest 144A 6.671% 6/15/13 USD 65,000 68,413 Qwest Service 13.50% 12/15/10 USD 95,000 109,963 *Rural Cellular 9.625% 5/15/08 USD 50,000 50,500 9.875% 2/1/10 USD 55,000 58,575 #Telcordia Technologies 144A 10.00% 3/15/13 USD 160,000 152,799 *Time Warner Telecom 9.75% 7/15/08 USD 70,000 71,400 *oUS LEC 11.89% 10/1/09 USD 45,000 46,350 US Unwired 10.00% 6/15/12 USD 5,000 5,825 #Valor Telecom Enterprises 144A 7.75% 2/15/15 USD 95,000 93,813 ------------- 1,497,412 ------------- Utilities - 1.50% *Avista 9.75% 6/1/08 USD 100,000 112,281 Calpine *7.625% 4/15/06 USD 30,000 27,900 10.50% 5/15/06 USD 30,000 28,050 o#Calpine 144A 9.349% 7/15/07 USD 68,600 56,938 #Dynegy Holdings 144A 10.125% 7/15/13 USD 155,000 173,987 Elwood Energy 8.159% 7/5/26 USD 108,379 121,383 Midwest Generation 8.30% 7/2/09 USD 100,000 105,500 8.75% 5/1/34 USD 90,000 101,250 ++Mirant Americas Generation 7.625% 5/1/06 USD 80,000 94,800 NRG Energy 8.00% 12/15/13 USD 61,000 66,033 Orion Power Holdings 12.00% 5/1/10 USD 70,000 85,050 PSE&G Energy Holdings 7.75% 4/16/07 USD 50,000 51,625 Reliant Energy 9.50% 7/15/13 USD 35,000 39,113 #Texas Genco 144A 6.875% 12/15/14 USD 60,000 62,550 =++#USGen New England 144A 7.459% 1/2/15 USD 50,000 360 ------------- 1,126,820 ------------- TOTAL CORPORATE BONDS (cost $14,036,422) 14,139,465 ============= FOREIGN AGENCIES - 2.55% Austria - 1.09% Oesterreichesche Kontrollbank 1.80% 3/22/10 JPY 85,000,000 815,195 ------------- 815,195 ------------- Germany - 0.49% Rentenbank 1.375% 4/25/13 JPY 40,000,000 370,828 ------------- 370,828 ------------- United States - 0.97% KFW International Finance 1.75% 3/23/10 JPY 76,000,000 727,028 ------------- 727,028 ------------- TOTAL FOREIGN AGENCIES (cost $1,921,555) 1,913,051 ============= REGIONAL AGENCIES - 5.38% Australia - 2.40% Queensland Treasury 6.00% 7/14/09 AUD 510,000 396,580 6.00% 6/14/11 AUD 1,418,000 1,114,925 6.00% 8/14/13 AUD 366,000 290,847 ------------- 1,802,352 ------------- Canada - 2.98% Ontario Province 1.875% 1/25/10 JPY 43,000,000 413,088 4.50% 3/8/15 CAD 614,000 538,801 5.00% 3/8/14 CAD 305,000 277,582 5.375% 12/2/12 CAD 345,000 320,695 Quebec Province 5.00% 12/1/15 CAD 758,000 683,640 ------------- 2,233,806 ------------- TOTAL REGIONAL AGENCIES (cost $3,994,896) 4,036,158 ============= SOVEREIGN AGENCIES - 0.45% Japan - 0.45% Development Bank of Japan 1.75% 6/21/10 JPY 34,000,000 325,328 Japan Finance for Municipal Enterprises 1.35% 11/26/13 JPY 1,000,000 9,228 ------------- 334,556 ------------- TOTAL SOVEREIGN AGENCIES (cost $354,214) 334,556 =============
PRINCIPAL AMOUNT 0 SOVEREIGN DEBT - 13.46% Austria - 0.24% Republic of Austria 5.25% 1/4/11 EUR 129,000 179,599 ------------- 179,599 ------------- Belgium - 1.19% Kingdom of Belgium 5.75% 3/28/08 EUR 667,000 892,916 ------------- 892,916 ------------- France - 0.31% France Government 3.50% 4/25/15 EUR 181,000 230,701 4.00% 4/25/13 EUR 1,000 1,327 ------------- 232,028 ------------- Germany - 1.63% Deutschland Republic 4.75% 7/4/08 EUR 448,000 589,362 6.25% 1/4/24 EUR 374,000 634,768 ------------- 1,224,130 ------------- Italy - 0.72% *Republic of Italy 0.65% 3/20/09 JPY 59,200,000 541,883 ------------- 541,883 ------------- Netherlands - 1.42% Netherlands Government 5.75% 2/15/07 EUR 819,000 1,062,324 ------------- 1,062,324 ------------- Norway - 1.67% Kingdom of Norway 5.50% 5/15/09 NOK 5,508,000 937,621 6.00% 5/16/11 NOK 1,764,000 316,426 ------------- 1,254,047 ------------- Poland - 2.36% Poland Government 6.00% 5/24/09 PLZ 3,170,000 1,020,069 6.25% 10/24/15 PLZ 2,168,000 747,644 ------------- 1,767,713 ------------- Spain - 0.49% Spain Government 5.50% 7/30/17 EUR 244,000 367,636 ------------- 367,636 ------------- Sweden - 2.34% Sweden Government 4.00% 12/1/09 SEK 9,875,000 1,386,083 4.50% 8/12/15 SEK 1,860,000 277,961 5.00% 12/1/20 SEK 560,000 91,216 ------------- 1,755,260 ------------- United Kingdom - 1.09% U.K. Treasury 4.75% 6/7/10 GBP 97,000 179,977 4.75% 9/7/15 GBP 240,500 454,589 8.00% 6/7/21 GBP 70,500 182,337 ------------- 816,903 ------------- TOTAL SOVEREIGN DEBT (cost $10,049,496) 10,094,439 ============= SUPRANATIONAL BANKS - 2.21% European Investment Bank 4.00% 10/15/37 EUR 435,000 562,710 4.375% 7/8/15 GBP 250,000 449,626 5.375% 6/7/21 GBP 91,000 181,160 Inter-American Development Bank 1.90% 7/8/09 JPY 48,000,000 460,450 ------------- TOTAL SUPRANATIONAL BANKS (cost $1,637,429) 1,653,946 ============= U.S. TREASURY OBLIGATIONS - 5.34% *^U.S. Treasury Bill 3.236% 9/1/05 USD 4,000,000 4,000,000 ------------- TOTAL U.S. TREASURY OBLIGATIONS (cost $4,000,000) 4,000,000 ============= NUMBER OF SHARES WARRANTS - 0.00% +#Solutia 144A, exercise price $7.59, expiration date 7/15/09 130 0 ------------- TOTAL WARRANTS (cost $11,059) 0 ============= PRINCIPAL AMOUNT 0 TOTAL MARKET VALUE OF SECURITIES BEFORE SECURITIES LENDING COLLATERAL - 130.24% (cost $89,721,073) 97,629,237 =============
PRINCIPAL AMOUNT 0 SECURITIES LENDING COLLATERAL** - 13.85% Short-Term Investments Abbey National 3.59% 1/13/06 USD 216,839 216,871 Australia New Zealand 3.60% 10/2/06 USD 293,049 292,989 Bank of New York 3.54% 10/28/05 USD 146,504 146,497 3.54% 4/4/06 USD 234,412 234,391 Bank of the West 3.49% 3/2/06 USD 292,997 292,989 Barclays London 3.55% 9/16/05 USD 292,987 292,989 3.81% 11/28/05 USD 146,498 146,495 Bayerische Landesbank 3.66% 8/25/06 USD 292,910 292,989 Bear Stearns 3.60% 1/17/06 USD 58,610 58,618 3.62% 2/28/06 USD 322,288 322,288 Beta Finance 3.58% 4/18/06 USD 292,979 292,967 Calyon 3.69% 11/3/05 USD 216,822 216,812 3.77% 12/30/05 USD 206,061 205,824 CDC Financial Products 3.66% 9/30/05 USD 380,886 380,886 Citigroup Global Markets 3.60% 9/1/05 USD 1,442,649 1,442,649 3.63% 9/7/05 USD 380,886 380,886 Commonwealth Bank Australia 3.61% 10/2/06 USD 293,023 292,989 Credit Swiss First Boston New York 3.49% 12/29/05 USD 61,530 61,530 3.56% 4/18/06 USD 316,460 316,428 Deutsche Bank London 3.55% 9/20/05 USD 322,446 322,444 3.76% 12/27/05 USD 87,926 87,908 Goldman Sachs 3.70% 8/31/06 USD 322,288 322,288 Lehman Holdings 3.64% 12/23/05 USD 293,027 293,165 Marshall & Ilsley Bank 3.44% 12/29/05 USD 293,060 292,998 Merrill Lynch Mortgage Capital 3.66% 9/12/05 USD 380,886 380,886 National City Bank 3.56% 1/23/06 USD 334,018 334,020 Nordea Bank Norge ASA 3.55% 10/2/06 USD 293,016 292,989 Pfizer 3.52% 10/2/06 USD 281,272 281,270 Proctor & Gamble 3.34 % 10/2/06 USD 292,989 292,989 Royal Bank of Canada 3.78% 11/18/05 USD 292,992 292,989 Royal Bank of Scotland 3.58% 10/2/06 USD 293,004 292,989 Sigma Finance 3.48% 9/30/05 USD 275,388 275,399 3.55% 9/15/05 USD 58,600 58,598 3.58% 3/16/06 USD 88,049 88,059 Washington Mutual Bank 3.49% 9/19/05 USD 292,994 292,989 Wells Fargo 3.56% 10/2/06 USD 292,916 292,989 ------------- TOTAL SECURITIES LENDING COLLATERAL** (cost $10,383,056) 10,383,056 ============= TOTAL MARKET VALUE OF SECURITIES -- 144.09% (cost $100,104,129) 108,012,293~ OBLIGATION TO RETURN SECURITIES LENDING - (13.85%) (10,383,056) RECEIVABLES AND OTHER ASSETS NET OF LIABILITIES (SEE NOTES) - 0.44%** 328,778 ------------- BORROWING UNDER LINE OF CREDIT - (30.68%) (23,000,000) ------------- NET ASSETS APPLICABLE TO 5,463,746 SHARES OUTSTANDING - 100.00% $ 74,958,015 =============
#Security exempt from registration under Rule 144A of the Securities Act of 1933. See Note 6 in "Notes." ^U.S. Treasury bills are traded on a discount basis. The interest rate shown is the yield at the time of purchase. *Fully or partially on loan. **See Note 5 in "Notes." ~Includes $10,295,507 of securities loaned. oVariable rate securities. The interest rate shown is the rate as of August 31, 2005. +Non-income producing security for the period ended August 31, 2005. ++Non-income producing security. Security is currently in default. @Step Coupon Bond. Indicates security that has a zero coupon that remains in effect until a predetermined date at which time the stated interest rate becomes effective. >Security is currently in default. The issue has missed the maturity date. Bankruptcy proceedings are in the process to determine distribution of assets. The date listed is the estimate of when proceedings will be finalized. =Security is being fair valued in accordance with the Fund's fair valuation policy. See Note 1 in "Notes." At August 31, 2005, one security was fair valued which represented 0.00% of the Fund's net assets. 0Principal amount shown is stated in the currency in which each foreign bond is denominated. AUD - Australian Dollar CAD - Canadian Dollar EUR - European Monetary Unit GBP - British Pound Sterling JPY - Japanese Yen NOK - Norwegian Kroner PLZ - Polish Zloty SEK - Swedish Kroner USD - U.S. Dollar SUMMARY OF ABBREVIATIONS: ADR - American Depositary Receipts REIT - Real Estate Investment Trust The following foreign currency exchange contracts were outstanding at August 31, 2005: FOREIGN EXCHANGE CONTRACTS(1)
UNREALIZED APPRECIATION CONTRACTS TO DELIVER IN EXCHANGE FOR SETTLEMENT DATE (DEPRECIATION) - -------------------- --------------- --------------- -------------- (1,086,300) Canadian Dollars 98,853,300 Japanese Yen 11/25/05 $(16,062) -------- $(16,062) ========
(1)See Note 4 in "Notes." - -------------------------------------------------------------------------------- NOTES 1. SIGNIFICANT ACCOUNTING POLICIES The following accounting policies are in accordance with U.S. generally accepted accounting principals and are consistently followed by Delaware Investments Global Dividend and Income Fund, Inc. (the "Fund"). SECURITY VALUATION - Equity securities, except those traded on the Nasdaq Stock Market, Inc. (Nasdaq), are valued at the last quoted sales price as of the time of the regular close of the New York Stock Exchange (NYSE) on the valuation date. Securities traded on the Nasdaq are valued in accordance with the Nasdaq Official Closing Price, which may not be the last sales price. If on a particular day an equity security does not trade, then the mean between the bid and the asked prices will be used. Securities listed on a foreign exchange are normally valued at the last quoted sales price before the Fund is valued. If on a particular day a security does not trade, then the mean between the bid and the asked prices will normally be used. U.S. Government and agency securities are valued at the mean between the bid and asked prices. Long-term debt securities are valued by an independent pricing service and such prices are believed to reflect the fair value of such securities. Short-term debt securities having less than 60 days to maturity are valued at amortized cost, which approximates market value. Forward foreign currency exchange contracts are valued at the mean between the bid and asked prices of the contracts and are marked-to-market daily. Interpolated values are derived when the settlement date of the contract is an interim date for which quotations are not available. Other securities and assets for which market quotations are not readily available are valued at fair value as determined in good faith under the direction of the Fund's Board of Directors. In determining whether market quotations are readily available or fair valuation will be used, various factors will be taken into consideration, such as market closures, or with respect to foreign securities, aftermarket trading or significant events after local market trading (e.g., government actions or pronouncements, trading volume or volatility on markets, exchanges among dealers, or news events). FEDERAL INCOME TAXES - The Fund intends to continue to qualify for federal income tax purposes as a regulated investment company and make the requisite distributions to shareholders. Accordingly, no provision for federal income taxes has been made in the financial statements. DISTRIBUTIONS - The Fund has a managed distribution policy. Under the policy, the Fund declares and pays monthly distributions and is managed with a goal of generating as much of the distribution as possible from ordinary income (net investment income and short-term capital gains). The balance of the distribution then comes from long-term capital gains and, if necessary, a return of capital. The current annualized rate is $0.96 per share. The Fund continues to evaluate its monthly distribution in light of ongoing economic and market conditions and may change the amount of the monthly distributions in the future. FOREIGN CURRENCY TRANSACTIONS - Transactions denominated in foreign currencies are recorded at the prevailing exchange rates on the valuation date. The value of all assets and liabilities denominated in foreign currencies is translated into U.S. dollars at the exchange rate of such currencies against the U.S. dollar daily. Transaction gains or losses resulting from changes in exchange rates during the reporting period or upon settlement of the foreign currency transaction are reported in operations for the current period. The Fund isolates that portion of realized gains and losses on investments in debt securities, which are due to changes in foreign exchange rates from that which are due to changes in market prices of debt securities. For foreign equity securities, these changes are included in realized gains (losses) on investments. The Fund reports certain foreign currency related transactions as components of realized gains (losses) for financial reporting purposes, where such components are treated as ordinary income (loss) for federal income tax purposes. USE OF ESTIMATES - The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. OTHER - Expenses common to all funds within the Delaware Investments Family of Funds are allocated amongst the funds on the basis of average net assets. Management fees and some other expenses are paid monthly. Security transactions are recorded on the date the securities are purchased or sold (trade date). Costs used in calculating realized gains and losses on the sale of investment securities are those of the specific securities sold. Dividend income is recorded on the ex-dividend date and interest income is recorded on the accrual basis. Discounts and premiums are amortized to interest income over the lives of the respective securities. Premiums and discounts on non-convertible debt securities are amortized to interest income over the lives of the respective securities. Foreign dividends are also recorded on the ex-dividend date or as soon after the ex-dividend date that the Fund is aware of such dividends, net of all non-rebatable tax withholdings. Withholding taxes on foreign dividends have been recorded in accordance with the Fund's understanding of the applicable country's tax rules and rates. Distributions received from investments in Real Estate Investment Trusts are recorded as dividend income on ex-dividend date, subject to reclassification upon notice of the character of such distribution by the issuer. 2. INVESTMENTS At August 31, 2005, the cost of investments for federal income tax purposes has been estimated since the final tax characteristics cannot be determined until fiscal year end. At August 31, 2005, the cost of investments and unrealized appreciation (depreciation) for the Fund was as follows: Cost of Investments $100,169,870 ------------ Aggregate unrealized appreciation $ 9,765,951 Aggregate unrealized depreciation (1,923,528) ------------ Net unrealized appreciation $ 7,842,423 ============ For federal income tax purposes, at November 30, 2004, capital loss carryforwards of $2,397,689 may be carried forward and applied against future capital gains. Such capital loss carryforwards expire as follows: $1,675,876 expires in 2010 and $721,813 expires in 2011. 3. LINE OF CREDIT The Fund has entered into a Line of Credit Agreement with J.P. Morgan Chase for $23,000,000 that expires on October 17, 2005. At August 31, 2005, the par value of loans outstanding was $23,000,000 at a variable interest rate of 4.11%. During the period ended August 31, 2005, the average daily balance of loans outstanding was $24,591,241 at a weighted average interest rate of approximately 3.36%. The maximum amount of loans outstanding at any time during the period was $25,000,000. Interest on borrowings is based on market rates in effect at the time of borrowing. The commitment fee is computed at a rate of 0.15% per annum on the unused balance. There were no charges for the period ended August 31, 2005. The loan is collateralized by the Fund's portfolio. 4. FOREIGN EXCHANGE CONTRACTS The Fund may enter into forward foreign currency exchange contracts (and forward foreign cross-currency exchange contracts) as a way of managing foreign exchange rate risk. The Fund may enter into these contracts to fix the U.S. dollar value of a security that it has agreed to buy or sell for the period between the date the trade was entered into and the date the security is delivered and paid for. The Fund may also use these contracts to hedge the U.S. dollar value of securities it already owns that are denominated in foreign currencies. The change in market value is recorded as an unrealized gain or loss. When the contract is closed, a realized gain or loss is recorded equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. The use of forward foreign currency exchange contracts (and forward foreign cross-currency exchange contracts) does not eliminate fluctuations in the underlying prices of the securities, but does establish a rate of exchange that can be achieved in the future. Although forward foreign currency exchange contracts (and forward foreign cross-currency exchange contracts) limit the risk of loss due to a decline in the value of the hedged currency, they also limit any potential gain that might result should the value of the currency increase. In addition, the Fund could be exposed to risks if the counterparties to the contracts are unable to meet the terms of their contracts. 5. SECURITIES LENDING The Fund, along with other funds in the Delaware Investments Family of Funds, may lend its securities pursuant to a security lending agreement (Lending Agreement) with J.P. Morgan Chase. Initial security loans made pursuant to the Lending Agreement are required to be secured by U.S. government obligations and/or cash collateral not less than 102% of the market value of the securities issued in the United States and 105% of the market value of securities issued outside the United States. With respect to each loan, if the aggregate market value of the collateral held on any business day is less than the aggregate market value of the securities which are the subject of such loan, the borrower will be notified to provide additional collateral not less than the applicable collateral requirements. Cash collateral received is invested in fixed income securities, with a weighted average maturity not to exceed 90 days, rated in one of the top two tiers by Standard & Poor's Ratings Group or Moody's Investors Service, Inc. or repurchase agreements collateralized by such securities. However, in the event of default or bankruptcy by the lending agent, realization and/or retention of the collateral may be subject to legal proceedings. In the event the borrower fails to return loaned securities and the collateral received is insufficient to cover the value of the loaned securities and provided such collateral shortfall is not the result of investment losses, the lending agent has agreed to pay the amount of the shortfall to the Fund, or at the discretion of the lending agent, replace the loaned securities. The Fund continues to record dividends on the securities loaned and is subject to change in value of the securities loaned that may occur during the term of the loan. The Fund has the right under the Lending Agreement to recover the securities from the borrower on demand. The security lending agent and the borrower retain a portion of the earnings from the collateral investments. The Fund records security lending income net of such allocation. At August 31, 2005, the market value of securities on loan was $10,295,507, for which cash collateral was received and invested in accordance with the Lending Agreement. Such investments are presented on the Schedule of Investments under the caption "Securities Lending Collateral." 6. CREDIT AND MARKET RISKS Some countries in which the Fund may invest require governmental approval for the repatriation of investment income, capital or the proceeds of sales of securities by foreign investors. In addition, if there is deterioration in a country's balance of payments or for other reasons, a country may impose temporary restrictions on foreign capital remittances abroad. The securities exchanges of certain foreign markets are substantially smaller, less liquid and more volatile than the major securities markets in the United States. Consequently, acquisition and disposition of securities by the Fund may be inhibited. In addition, a significant portion of the aggregate market value of equity securities listed on the major securities exchanges in emerging markets is held by a smaller number of investors. This may limit the number of shares available for acquisition or disposition by the Fund. The Fund invests a portion of its assets in high-yield fixed income securities, which carry ratings of BB or lower by Standard & Poor's Ratings Group and/or Ba or lower by Moody's Investors Service, Inc. Investments in these higher yielding securities are generally accompanied by a greater degree of credit risk than higher rated securities. Additionally, lower rated securities may be more susceptible to adverse economic and competitive industry conditions than investment grade securities. The Fund may invest up to 10% of its total assets in illiquid securities, which may include securities with contractual restrictions on resale, securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and other securities which may not be readily marketable. The relative illiquidity of these securities may impair the Fund from disposing of them in a timely manner and at a fair price when it is necessary or desirable to do so. At August 31, 2005, Rule 144A securities represented approximately 6.84% of total assets and no securities have been determined to be illiquid under the Fund's Liquidity Procedures. While maintaining oversight, the Board of Directors has delegated to the investment advisor the day-to-day functions of determining whether individual securities are liquid for purposes of the Fund's limitation on investments in illiquid assets. The Fund invests in real estate investment trusts (REITs) and is subject to some of the risks associated with that industry. If the Fund holds real estate directly as a result of defaults or receives rental income directly from real estate holdings, its tax status as a regulated investment company may be jeopardized. The Fund's REIT holdings are also affected by interest rate changes, particularly if the REITs it holds use floating rate debt to finance their ongoing operations. CERTIFICATION I, Jude T. Driscoll, certify that: 1. I have reviewed this report on Form N-Q of Delaware Investments Global Dividend and Income Fund, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Jude T. Driscoll - -------------------------------- By: Jude T. Driscoll Title: Chief Executive Officer Date: October 28, 2005 CERTIFICATION I, Michael P. Bishof, certify that: 1. I have reviewed this report on Form N-Q of Delaware Investments Global Dividend and Income Fund, Inc.; 2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report; 3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed; 4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have: (a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared; (b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles; (c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and (d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and 5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions): (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting. Michael P. Bishof - -------------------------------- By: Michael P. Bishof Title: Chief Financial Officer Date: October 28, 2005 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. DELAWARE INVESTMENTS GLOBAL DIVIDEND AND INCOME FUND, INC. Jude T. Driscoll - -------------------------------- By: Jude T. Driscoll Title: Chief Executive Officer Date: October 28, 2005 Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated. Jude T. Driscoll - -------------------------------- By: Jude T. Driscoll Title: Chief Executive Officer Date: October 28, 2005 Michael P. Bishof - -------------------------------- By: Michael P. Bishof Title: Chief Financial Officer Date: October 28, 2005 -----END PRIVACY-ENHANCED MESSAGE-----