N-CSR

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES

Investment Company Act file number: 811-08246

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 F. 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: May 31, 2009

Item 1. Reports to Stockholders

Semiannual Report	Delaware
	Investments®
	Global Dividend
	and Income
	Fund, Inc.
	May 31, 2009
	The figures in the semiannual report for Delaware Investments Global Dividend and Income Fund, Inc. represent past results, which are not a guarantee of future results. A rise or fall in interest rates can have a significant impact on bond prices. Funds that invest in bonds can lose their value as interest rates rise.
	Closed-end fund

Table of contents

> Security type and country allocations	1
> Statement of net assets	3
> Statement of assets and liabilities	14
> Statement of operations	15
> Statements of changes in net assets	16
> Statement of cash flows	17
> Financial highlights	18
> Notes to financial statements	19
> Other Fund information	25
> About the organization	27

Funds are not FDIC insured and are not guaranteed. It is possible to lose the principal amount invested.

Mutual fund advisory services provided by Delaware Management Company, a series of Delaware Management
Business Trust, which is a registered investment advisor.

©2009 Delaware Distributors, L.P.

All third-party trademarks cited are the property of their respective owners.

Security type and country allocations

Delaware Investments^® Global Dividend and Income Fund, Inc.

As of May 31, 2009

Sector designations may be different than the sector designations presented in other Fund materials. The sector designations may represent the investment manager’s internal sector classifications, which may result in the sector designations for one Fund being different than another Fund’s sector designations.

	Percentage
Security Type	of Net Assets
Common Stock	65.87	%
Consumer Discretionary	6.84	%
Consumer Staples	8.20	%
Diversified REITs	0.66	%
Energy	5.98	%
Financials	5.72	%
Health Care	9.59	%
Health Care REITs	0.74	%
Hotel REIT	0.18	%
Industrial REITs	0.12	%
Industrials	7.12	%
Information Technology	7.28	%
Mall REITs	0.52	%
Materials	3.22	%
Mortgage REITs	0.13	%
Multifamily REITs	0.50	%
Office REITs	0.92	%
Self-Storage REIT	0.25	%
Shopping Center REITs	0.21	%
Specialty REITs	0.34	%
Telecommunications	4.65	%
Utilities	2.70	%
Convertible Preferred Stock	2.57	%
Banking, Finance & Insurance	0.49	%
Basic Materials	0.17	%
Cable, Media & Publishing	0.24	%
Energy	0.19	%
Health Care & Pharmaceuticals	0.82	%
Real Estate	0.25	%
Telecommunications	0.41	%
Preferred Stock	0.48	%
Banking, Finance & Insurance	0.20	%
Industrials	0.00	%
Leisure, Lodging & Entertainment	0.16	%
Real Estate	0.12	%
Agency Mortgage-Backed Security	0.92	%
Convertible Bonds	9.70	%
Aerospace & Defense	0.80	%
Banking, Finance & Insurance	0.16	%
Basic Materials	0.61	%
Cable, Media & Publishing	0.24	%
Computers & Technology	1.68	%
Electronics & Electrical Equipment	0.11	%
Energy	0.47	%
Environmental Services	0.22	%
Health Care & Pharmaceuticals	1.45	%
Leisure, Lodging & Entertainment	0.24	%
Real Estate	1.09	%
Retail	0.17	%
Telecommunications	1.80	%
Transportation	0.28	%
Utilities	0.38	%
Corporate Bonds	23.67	%
Banking	1.45	%
Basic Industry	2.45	%
Brokerage	0.62	%
Capital Goods	1.44	%
Consumer Cyclical	2.18	%
Consumer Non-Cyclical	1.76	%
Energy	2.78	%
Finance & Investments	2.36	%
Media	1.36	%
Real Estate	0.04	%
Services Cyclical	1.62	%
Services Non-Cyclical	1.51	%
Technology & Electronics	0.63	%
Telecommunications	2.59	%
Utilities	0.88	%
Foreign Agencies	2.85	%
Regional Agencies	0.99	%
Senior Secured Loans	1.09	%
Sovereign Debt	1.00	%
Supranational Banks	2.85	%
Exchange Traded Funds	0.08	%
Limited Partnership	0.06	%
Warrants	0.00	%

(continues)     1

Security type and country allocations

Delaware Investments^® Global Dividend and Income Fund, Inc.

	Percentage
Security Type	of Net Assets
Discount Note	18.74	%
Securities Lending Collateral	11.41	%
Total Value of Securities	142.28	%
Obligation to Return Securities Lending Collateral	(11.87	%)
Borrowing Under Line of Credit	(34.84	%)
Receivables and Other Assets Net of Liabilities	4.43	%
Total Net Assets	100.00	%
	Percentage
Country	of Net Assets
Australia	2.69	%
Austria	0.05	%
Bermuda	0.80	%
Brazil	0.37	%
Canada	3.32	%
Cayman Islands	0.21	%
Denmark	0.73	%
Finland	0.78	%
France	7.48	%
Germany	5.69	%
Hong Kong	0.60	%
Ireland	0.56	%
Italy	1.62	%
Japan	3.96	%
Luxembourg	0.49	%
Mexico	0.17	%
Netherlands	0.66	%
Republic of South Korea	1.10	%
Singapore	0.75	%
Supranational	2.85	%
Sweden	0.60	%
Switzerland	1.29	%
Taiwan	0.88	%
United Kingdom	5.48	%
United States	87.74	%
Total	130.87	%

2

Statement of net assets

Delaware Investments^® Global Dividend and Income Fund, Inc.

May 31, 2009 (Unaudited)

		Number of	Value
		Shares	(U.S. $)
Common Stock – 65.87%v
Consumer Discretionary – 6.84%
†Õ=	Avado Brands	272	$	0
*±	Bayerische Motoren Werke	5,471		197,464
	Cablevision Systems	200		3,806
†	DIRECTV Group	250		5,625
*±	Don Quijote	8,500		149,655
	Gap	18,900		337,365
	Mattel	20,600		321,566
*±	PPR	1,715		144,901
*±	Publicis Groupe	5,132		167,439
±	Round One	14,101		130,455
±	Techtronic Industries	246,000		184,992
±	Toyota Motor	4,821		192,231
*±	Vivendi	6,346		167,960
*±	WPP Group	13,630		101,943
				2,105,402
Consumer Staples – 8.20%
†	Archer-Daniels-Midland	10,800		297,216
±	Coca-Cola Amatil	46,415		315,178
	CVS Caremark	8,800		262,240
±@	Greggs	24,660		159,652
	Heinz (H.J.)	6,200		226,796
*	Kimberly-Clark	4,400		228,316
	Kraft Foods Class A	9,500		248,045
*±	Metro	3,974		215,099
±	Parmalat	123,927		307,676
	Safeway	13,100		265,406
				2,525,624
Diversified REITs – 0.66%
*	Digital Realty Trust	1,200		42,924
	Liberty Property Trust	2,800		65,184
	Vornado Realty Trust	1,697		79,182
*	Washington Real Estate
	Investment Trust	675		14,756
				202,046
Energy – 5.98%
±	BP	52,698		435,728
	Chevron	3,900		260,013
	ConocoPhillips	5,800		265,872
	Marathon Oil	11,400		363,432
*±	Total	6,078		350,697
†	Transocean	2,100		166,908
				1,842,650
Financials – 5.72%
	Allstate	13,100		337,063
*±	AXA	8,673		162,602
	Bank of New York Mellon	9,700		269,466
	Blackstone Group	1,000		10,950
†@	Cardtronics	1,450		4,698
±	Mitsubishi UFJ Financial Group	50,139		318,138
±	Nordea Bank FDR	23,125		184,946
±	Standard Chartered	9,628		197,146
	Travelers	6,800		276,488
				1,761,497
Health Care – 9.59%
±	AstraZeneca	4,292		179,058
	Bristol-Myers Squibb	12,200		243,024
	Cardinal Health	8,300		296,725
	Johnson & Johnson	4,200		231,672
	Merck	10,000		275,800
±	Novartis	5,755		230,293
±	Novo-Nordisk Class B	4,285		223,428
±	Ono Pharmaceutical	3,100		138,810
	Pfizer	16,300		247,597
	Quest Diagnostics	6,300		328,986
±	Sanofi-Aventis	3,536		225,714
	Wyeth	7,400		331,963
				2,953,070
Health Care REITs – 0.74%
	HCP	2,400		55,752
	Health Care REIT	1,975		67,644
	Nationwide Health Properties	600		15,942
	Omega Healthcare Investors	1,100		17,567
	Ventas	2,325		70,587
				227,492
Hotel REIT – 0.18%
	Host Hotels & Resorts	5,950		55,811
				55,811
Industrial REITs – 0.12%
	AMB Property	685		12,227
	DCT Industrial Trust	1,900		8,512
	ProLogis	1,800		15,282
				36,021
Industrials – 7.12%
*±	Asahi Glass	17,000		124,899
†	BWAY Holding	470		6,876
*±	Cie de Saint-Gobain	3,949		143,986
±	Deutsche Post	19,963		276,122
*±	Finmeccanica	13,513		191,182
*†	Flextronics International	1,000		3,960
†	Graphic Packaging Holding	2,829		5,319
	Grupo Aeroportuario del
	Centro Norte ADR	1,200		11,544
±	Koninklijke Philips Electronics	10,693		202,185
	Northrop Grumman	5,500		261,910
†Õ=	PT Holdings	100		1
±	Singapore Airlines	18,550		160,885
*±	Teleperformance	8,293		245,753
±	Tomkins	75,647		174,781
*±	Vallourec	1,266		160,001
*	Waste Management	8,100		223,479
				2,192,883
Information Technology – 7.28%
±	Canon	5,000		165,878
†	CGI Group Class A	39,532		367,529
	Intel	19,300		303,396
	International Business Machines	3,300		350,724
	Motorola	61,400		372,084

(continues)     3

Statement of net assets

Delaware Investments^® Global Dividend and Income Fund, Inc.

		Number of	Value
		Shares	(U.S. $)
Common Stock (continued)
Information Technology (continued)
±	Nokia	15,666	$	240,453
±	Samsung Electronics	415		185,110
	Xerox	37,500		255,000
				2,240,174
Mall REITs – 0.52%
*	Macerich	2,240		37,811
*	Simon Property Group	2,263		121,003
				158,814
Materials – 3.22%
†	Agrium	4,800		236,256
	duPont (E.I.) deNemours	10,500		298,935
*±	Lafarge	3,948		270,752
±	Linde	2,215		184,662
				990,605
Mortgage REITs – 0.13%
	Annaly Capital Management	1,700		23,698
	Chimera Investment	4,900		17,101
				40,799
Multifamily REITs – 0.50%
	Apartment Investment &
	Management	2,932		27,707
	BRE Properties	1,000		24,980
†	Camden Property Trust	1,440		43,229
	Equity Residential	2,400		58,416
				154,332
Office REITs – 0.92%
*	Alexandria Real Estate Equities	700		25,130
	Boston Properties	800		38,656
	Brandywine Realty Trust	2,300		17,135
	Corporate Office Properties Trust	750		22,260
	Highwoods Properties	1,800		40,716
*	Mack-Cali Realty	5,700		140,847
				284,744
Self-Storage REIT – 0.25%
	Public Storage	1,150		76,602
				76,602
Shopping Center REITs – 0.21%
	Federal Realty Investment Trust	100		5,265
	Kimco Realty	3,200		37,408
	Kite Realty Group Trust	2,300		7,452
	Ramco-Gershenson Properties Trust	1,700		15,317
				65,442
Specialty REITs – 0.34%
	Entertainment Properties Trust	300		6,096
*	Plum Creek Timber	1,520		52,668
	Potlatch	1,730		45,291
				104,055
Telecommunications – 4.65%
	AT&T	9,600		237,984
†	Century Communications	125,000		0
	Chunghwa Telecom ADR	14,170		269,372
*±	France Telecom	9,000		219,508
±	Telstra	83,808		210,095
	Verizon Communications	8,900		260,414
±	Vodafone Group	124,448		234,176
				1,431,549
Utilities – 2.70%
	Edison International	9,300		271,932
*†	Mirant	53		827
±	National Grid	32,709		317,240
†	NRG Energy	250		5,625
	Progress Energy	6,600		234,366
				829,990
Total Common Stock
	(cost $25,126,827)			20,279,602
Convertible Preferred Stock – 2.57%
Banking, Finance & Insurance – 0.49%
	Aspen Insurance Holdings
	5.625% exercise price $29.28,
	expiration date 12/31/49	3,400		147,688
@	Fannie Mae 8.75% exercise
	price $32.45, expiration
	date 5/13/11	1,500		1,605
				149,293
Basic Materials – 0.17%
	Freeport-McMoRan Copper &
	Gold 6.75% exercise price
	$73.24, expiration date 5/1/10	600		50,850
				50,850
Cable, Media & Publishing – 0.24%
#	Interpublic Group 144A
	5.25% exercise price $13.66,
	expiration date 12/31/49	140		74,760
				74,760
Energy – 0.19%
	El Paso Energy Capital Trust I
	4.75% exercise price $41.59,
	expiration date 3/31/28	1,950		59,573
				59,573
Health Care & Pharmaceuticals – 0.82%
	Inverness Medical Innovations
	Series B 3.00% exercise
	price $69.32, expiration
	date 12/31/49	407		86,569
	Mylan 6.50% exercise price $17.08,
	expiration date 11/15/10	100		100,761
	Schering-Plough 6.00%
	exercise price $33.69,
	expiration date 8/13/10	300		65,700
				253,030

4

		Number of		Value
		Shares		(U.S. $)
Convertible Preferred Stock (continued)
Real Estate – 0.25%
	Nationwide Health Properties
	Series B 7.75% exercise
	price $22.25, expiration
	date 12/31/49		650	$	78,000
					78,000
Telecommunications – 0.41%
	Crown Castle International
	6.50% exercise price $36.88,
	expiration date 8/15/12		1,350		65,897
	Lucent Technologies Capital Trust I
	7.75% exercise price $24.80,
	expiration date 3/15/17		120		59,430
					125,327
Total Convertible Preferred Stock
	(cost $997,860)				790,833
Preferred Stock – 0.48%
Banking, Finance & Insurance – 0.20%
·	JPMorgan Chase 7.90%		55,000		46,049
·	PNC Financial Services Group 8.25%		20,000		17,058
					63,107
Industrials – 0.00%
†=	Port Townsend		20		0
					0
Leisure, Lodging & Entertainment – 0.16%
*	Red Lion Hotels Capital Trust 9.50%		3,226		48,390
					48,390
Real Estate – 0.12%
	SL Green Realty 7.625%		2,100		33,201
†	W2007 Grace Acquisitions I 8.75%		10,000		3,000
					36,201
Total Preferred Stock
	(cost $458,623)				147,698
		Principal
		Amount°
Agency Mortgage-Backed Security – 0.92%
	Fannie Mae S.F. 30 yr TBA
	4.50% 6/1/39	USD	280,000		282,100
Total Agency Mortgage-Backed
	Security (cost $284,550)				282,100
Convertible Bonds – 9.70%
Aerospace & Defense – 0.80%
#	AAR 144A 1.75% exercise price
	$29.43, expiration date 2/1/26		90,000		72,675
	L-3 Communications Holdings
	3.00% exercise price $101.13,
	expiration date 8/1/35		65,000		64,188
	#144A 3.00% exercise price
	$101.13, expiration date 8/1/35		110,000		108,625
					245,488
Banking, Finance & Insurance – 0.16%
	National City 4.00% exercise
	price $482.51 expiration
	date 2/1/11		50,000		47,813
					47,813
Basic Materials – 0.61%
	Rayonier TRS Holdings
	3.75% exercise price $54.82,
	expiration date 10/15/12		135,000		134,831
#	Sino-Forest 144A 5.00%
	exercise price $20.29,
	expiration date 8/1/13		65,000		53,625
					188,456
Cable, Media & Publishing – 0.24%
	General Cable 0.875%
	exercise price $50.36,
	expiration date 11/14/13		80,000		74,900
					74,900
Computers & Technology – 1.68%
	Advanced Micro Devices
	6.00% exercise price $28.08,
	expiration date 5/1/15		70,000		33,950
	#144A 6.00% exercise price
	$28.08, expiration date 5/1/15		165,000		80,025
Euronet Worldwide 3.50%
	exercise price $40.48,
	expiration date 10/15/25		165,000		138,187
	Hutchinson Technology 3.25%
	exercise price $36.43,
	expiration date 1/15/26		120,000		44,400
#	Intel 144A 2.95% exercise
	price $31.53, expiration
	date 12/15/35		105,000		85,443
	Linear Technology 3.125%
	exercise price $47.33,
	expiration date 5/1/27		70,000		68,688
	SanDisk 1.00% exercise price
	$82.36, expiration date 5/15/13		100,000		65,500
					516,193
Electronics & Electrical Equipment – 0.11%
	Flextronics International
	1.00% exercise price $15.53,
	expiration date 8/1/10		35,000		32,988
					32,988

(continues)     5

Statement of net assets

Delaware Investments^® Global Dividend and Income Fund, Inc.

		Principal		Value
		Amount°		(U.S. $)
Convertible Bonds (continued)
Energy – 0.47%
	Chesapeake Energy
	2.25% exercise price $85.89,
	expiration date 12/15/38	USD	90,000	$	52,650
	Peabody Energy 4.75%
	exercise price $58.44,
	expiration date 12/15/41		35,000		26,906
	Transocean
	1.50% exercise price $168.61,
	expiration date 12/15/37		35,000		31,850
	1.625% exercise price $168.61,
	expiration date 12/15/37		35,000		33,163
					144,569
Environmental Services – 0.22%
	Allied Waste Industries 4.25%
	exercise price $45.40,
	expiration date 4/15/34		71,000		69,225
					69,225
Health Care & Pharmaceuticals – 1.45%
#	Allergan 144A 1.50%
	exercise price $63.33,
	expiration date 4/1/26		150,000		152,999
	Amgen
	0.375% exercise price $79.48,
	expiration date 2/1/13		85,000		76,500
	#144A 0.375% exercise price
	$79.48, expiration date 2/1/13		60,000		54,000
Φ	Hologic 2.00% exercise
	price $38.59, expiration
	date 12/15/37		85,000		59,500
	LifePoint Hospitals 3.50%
	exercise price $51.79,
	expiration date 5/14/14		40,000		33,000
	Medtronic 1.625%
	exercise price $55.41,
	expiration date 4/15/13		75,000		69,188
					445,187
Leisure, Lodging & Entertainment – 0.24%
#	International Game Technology
	144A 3.25% exercise
	price $19.97, expiration
	date 5/1/14		65,000		72,963
					72,963
Real Estate – 1.09%
#	Digital Realty Trust 144A 5.50%
	exercise price $43.00,
	expiration date 4/15/29		90,000		88,352
#	Host Hotels & Resorts 144A
	3.25% exercise price $16.00,
	expiration date 3/15/24		75,000		73,688
@	MeriStar Hospitality 9.50%
	exercise price $10.18,
	expiration date 4/1/10		85,000		87,252
	ProLogis 2.25% exercise price
	$75.98, expiration date 4/1/37		35,000		27,388
	Vornado Realty Trust 2.85%
	exercise price $159.04,
	expiration date 3/15/27		70,000		60,200
					336,880
Retail – 0.17%
	Pantry 3.00% exercise
	price $50.10, expiration
	date 11/15/12		65,000		52,081
					52,081
Telecommunications – 1.80%
#	Alaska Communications System
	Group 144A 5.75% exercise
	price $12.90, expiration
	date 3/1/13		105,000		76,125
	Level 3 Communications
	3.50% exercise price $5.46,
	expiration date 6/15/12		110,000		65,313
	NII Holdings 3.125% exercise
	price $118.32, expiration
	date 6/15/12		175,000		131,687
	Qwest Communications
	International 3.50% exercise
	price $5.23, expiration
	date 11/15/25		70,000		70,788
#	SBA Communications 144A
	4.00% exercise price $30.38,
	expiration date 10/1/14		65,000		66,381
#	Virgin Media 144A 6.50%
	exercise price $19.22,
	expiration date 11/15/16		185,000		144,068
					554,362
Transportation – 0.28%
	Bristow Group 3.00% exercise
	price $77.34, expiration
	date 6/15/38		120,000		86,400
					86,400
Utilities – 0.38%
	Dominion Resources 2.125%
	exercise price $36.14,
	expiration date 12/15/23		110,000		117,838
					117,838
Total Convertible Bonds
	(cost $3,445,324)				2,985,343
Corporate Bonds – 23.67%
Banking – 1.45%
·	BAC Capital Trust XIV
	5.63% 12/31/49		35,000		16,147
	Bank of America
	5.65% 5/1/18		35,000		31,374
	BB&T Capital Trust I
	5.85% 8/18/35		5,000		3,527
	BB&T Capital Trust II
	6.75% 6/7/36		5,000		3,624

6

		Principal		Value
		Amount°		(U.S. $)
Corporate Bonds (continued)
Banking (continued)
	Capital One Financial
	6.15% 9/1/16	USD	10,000	$	8,417
	Citigroup 5.00% 9/15/14		25,000		21,761
#	GMAC 144A
	6.00% 12/15/11		20,000		17,410
	6.625% 5/15/12		17,000		14,714
	6.875% 9/15/11		50,000		44,773
	6.875% 8/28/12		27,000		23,371
	JPMorgan Chase Capital XXV
	6.80% 10/1/37		202,000		171,272
@	Popular North America Capital
	Trust I 6.564% 9/15/34		20,000		6,645
·	USB Capital IX 6.189% 4/15/49		25,000		16,319
·	Wells Fargo Capital XIII
	7.70% 12/29/49		45,000		35,127
	Zions Bancorporation
	5.50% 11/16/15		15,000		10,254
	6.00% 9/15/15		30,000		21,047
					445,782
Basic Industry – 2.45%
	ArcelorMittal 6.125% 6/1/18		72,000		61,268
	California Steel Industries
	6.125% 3/15/14		30,000		24,525
	Domtar 7.125% 8/15/15		50,000		41,750
	Freeport McMoRan
	Copper & Gold
	8.25% 4/1/15		31,000		31,035
	8.375% 4/1/17		15,000		14,909
	Georgia-Pacific
	7.70% 6/15/15		15,000		14,063
	8.875% 5/15/31		32,000		27,360
	Huntsman International
	7.375% 1/1/15		25,000		16,906
	*7.875% 11/15/14		20,000		13,800
	Innophos 8.875% 8/15/14		45,000		40,613
#@	Innophos Holding 144A
	9.50% 4/15/12		30,000		25,050
	International Coal Group
	10.25% 7/15/14		25,000		17,375
#	MacDermid 144A
	9.50% 4/15/17		78,000		47,970
	Nalco
	8.875% 11/15/13		50,000		50,500
	#144A 8.25% 5/15/17		5,000		5,050
	NewPage 10.00% 5/1/12		15,000		8,475
·	Noranda Aluminum Acquisition
	PIK 5.413% 5/15/15		40,000		21,400
	Norske Skog Canada
	8.625% 6/15/11		40,000		23,500
@=	Port Townsend
	12.431% 8/27/12		29,312		21,251
@	Potlatch 12.50% 12/1/09		88,000		91,324
	Rockwood Specialties Group
	7.50% 11/15/14		50,000		47,750
#	Ryerson 144A
	·8.403% 11/1/14		25,000		13,906
	12.00% 11/1/15		10,000		6,800
#@	Sappi Papier Holding 144A
	6.75% 6/15/12		25,000		15,570
#	Steel Dynamics 144A
	8.25% 4/15/16		50,000		42,875
#	Teck Resources 144A
	10.25% 5/15/16		15,000		15,206
	10.75% 5/15/19		15,000		15,455
					755,686
Brokerage – 0.62%
	Goldman Sachs Group
	6.75% 10/1/37		185,000		155,528
	LaBranche 11.00% 5/15/12		37,000		34,133
					189,661
Capital Goods – 1.44%
	Associated Materials
	9.75% 4/15/12		25,000		21,250
	Building Materials Corporation
	of America 7.75% 8/1/14		25,000		22,000
#	BWAY Holding 144A
	10.00% 4/15/14		50,000		50,188
@	CPG International I
	10.50% 7/1/13		17,000		9,010
	Crown Americas Capital
	7.625% 11/15/13		25,000		24,500
	Graham Packaging
	9.875% 10/15/14		60,000		53,700
	Graphic Packaging International
	9.50% 8/15/13		75,000		70,500
@	Intertape Polymer 8.50% 8/1/14		26,000		11,700
#	Moog 144A 7.25% 6/15/18		30,000		28,350
	Owens-Brockway Glass
	Container 6.75% 12/1/14		60,000		57,150
#	Plastipak Holdings 144A
	8.50% 12/15/15		10,000		8,600
	Pregis 12.375% 10/15/13		5,000		3,200
*	RBS Global/Rexnord
	11.75% 8/1/16		25,000		15,875
	Rock-Tenn 9.25% 3/15/16		35,000		35,700
	Solo Cup 8.50% 2/15/14		15,000		12,075
	Thermadyne Holdings
	10.00% 2/1/14		30,000		19,950
					443,748
Consumer Cyclical – 2.18%
	Beazer Homes USA
	8.625% 5/15/11		10,000		6,475
	Denny’s Holdings
	10.00% 10/1/12		15,000		14,550
	Dollar General 10.625% 7/15/15		35,000		37,188
	DR Horton
	6.00% 4/15/11		15,000		14,513
	7.875% 8/15/11		50,000		50,000

(continues)     7

Statement of net assets

Delaware Investments^® Global Dividend and Income Fund, Inc.

		Principal		Value
		Amount°		(U.S. $)
Corporate Bonds (continued)
Consumer Cyclical (continued)
#	Expedia 144A 8.50% 7/1/16	USD	25,000	$	23,875
	Ford Motor Credit
	7.25% 10/25/11		20,000		17,268
	7.375% 10/28/09		15,000		14,631
	7.80% 6/1/12		100,000		85,447
	8.00% 6/1/14		10,000		8,121
	Goodyear Tire & Rubber
	*9.00% 7/1/15		30,000		28,800
	10.50% 5/15/16		10,000		10,000
#	Invista 144A 9.25% 5/1/12		25,000		23,500
#	Landry’s Restaurants 144A
	14.00% 8/15/11		15,000		14,025
	Levi Strauss 9.75% 1/15/15		33,000		32,010
	Limited Brands 6.90% 7/15/17		20,000		17,005
	M/I Homes 6.875% 4/1/12		20,000		16,100
	Macy’s Retail Holdings
	8.875% 7/15/15		30,000		28,938
	10.625% 11/1/10		10,000		10,240
	Meritage Homes
	6.25% 3/15/15		5,000		3,788
	7.00% 5/1/14		25,000		19,625
	Mobile Mini 6.875% 5/1/15		30,000		24,675
	Mohawk Industries
	6.625% 1/15/16		20,000		17,289
	New Albertsons 7.25% 5/1/13		10,000		9,650
	Ryland Group
	6.875% 6/15/13		55,000		52,800
	8.40% 5/15/17		20,000		19,500
*	Sally Holdings Capital
	10.50% 11/15/16		50,000		50,375
#	Sealy Mattress 144A
	10.875% 4/15/16		10,000		10,300
	Toys R Us 7.625% 8/1/11		15,000		11,475
					672,163
Consumer Non-Cyclical – 1.76%
	Alliance One International
	8.50% 5/15/12		10,000		9,350
	11.00% 5/15/12		5,000		5,063
	Bausch & Lomb 9.875% 11/1/15		30,000		27,525
	Constellation Brands
	8.125% 1/15/12		85,000		84,999
	Cornell 10.75% 7/1/12		15,000		14,850
	Cott Beverages 8.00% 12/15/11		20,000		17,300
	Del Monte 6.75% 2/15/15		15,000		14,288
#	Dole Foods 144A
	13.875% 3/15/14		20,000		21,500
	Elan Finance 7.75% 11/15/11		10,000		9,050
#	Ingles Markets 144A
	8.875% 5/15/17		20,000		19,775
	Inverness Medical Innovations
	9.00% 5/15/16		15,000		14,438
	Iron Mountain
	*6.625% 1/1/16		30,000		27,900
	8.00% 6/15/20		30,000		27,900
*	Jarden 7.50% 5/1/17		11,000		9,570
#	JBS USA Finance 144A
	11.625% 5/1/14		25,000		24,125
	JohnsonDiversey Holdings
	10.67% 5/15/13		25,000		19,750
	LVB Acquisition
	10.00% 10/15/17		30,000		30,825
	11.625% 10/15/17		5,000		4,950
	McKesson 7.50% 2/15/19		60,000		66,329
	National Beef Packing
	10.50% 8/1/11		32,000		32,000
	Smithfield Foods 7.75% 5/15/13		25,000		19,000
	Supervalu 8.00% 5/1/16		5,000		4,925
#	Tyson Foods 144A
	10.50% 3/1/14		15,000		15,975
	Universal Hospital Services PIK
	8.50% 6/1/15		20,000		19,300
					540,687
Energy – 2.78%
	AmeriGas Partners
	7.125% 5/20/16		57,000		53,081
	Berry Petroleum 10.25% 6/1/14		10,000		9,863
	Chesapeake Energy
	6.375% 6/15/15		48,000		41,400
	9.50% 2/15/15		10,000		9,925
	Complete Production Services
	8.00% 12/15/16		25,000		20,375
#	Copano Energy 144A
	7.75% 6/1/18		30,000		26,700
	Denbury Resources
	9.75% 3/1/16		15,000		15,375
	Dynegy Holdings 7.75% 6/1/19		50,000		36,625
	El Paso
	6.875% 6/15/14		21,000		19,993
	7.00% 6/15/17		5,000		4,708
#	El Paso Performance-Linked
	Trust 144A 7.75% 7/15/11		46,000		45,669
	Enterprise Products Operating
	9.75% 1/31/14		50,000		55,849
	Forest Oil 7.25% 6/15/19		15,000		12,975
	Geophysique-Veritas
	7.50% 5/15/15		13,000		11,960
	7.75% 5/15/17		36,000		31,860
#	Helix Energy Solutions Group
	144A 9.50% 1/15/16		35,000		29,050
#	Hilcorp Energy I 144A
	7.75% 11/1/15		7,000		6,055
	9.00% 6/1/16		27,000		23,895

8

		Principal		Value
		Amount°		(U.S. $)
Corporate Bonds (continued)
Energy (continued)
	Inergy Finance
	6.875% 12/15/14	USD	52,000	$	47,840
	8.25% 3/1/16		20,000		19,650
	Key Energy Services
	8.375% 12/1/14		40,000		35,400
	Mariner Energy 8.00% 5/15/17		60,000		47,700
	MarkWest Energy Partners/
	Finance 8.75% 4/15/18		20,000		16,700
	Massey Energy
	6.875% 12/15/13		62,000		55,179
	OPTI Canada
	7.875% 12/15/14		20,000		13,600
	8.25% 12/15/14		8,000		5,560
	PetroHawk Energy
	9.125% 7/15/13		17,000		16,788
	#144A 7.875% 6/1/15		15,000		13,988
@	Petroleum Development
	12.00% 2/15/18		30,000		22,500
	Plains Exploration & Production
	7.00% 3/15/17		11,000		9,625
	Range Resources 7.25% 5/1/18		30,000		28,238
	Regency Energy Partners
	8.375% 12/15/13		13,000		12,415
#	SandRidge Energy 144A
	9.875% 5/15/16		10,000		9,575
#	Tennessee Gas Pipeline 144A
	8.00% 2/1/16		10,000		10,225
	Whiting Petroleum
	7.25% 5/1/13		22,000		20,240
	Williams 7.50% 1/15/31		18,000		15,247
					855,828
Finance & Investments – 2.36%
@	Cardtronics 9.25% 8/15/13		67,000		59,295
	CIT Group
	4.75% 12/15/10		5,000		4,255
	5.40% 1/30/16		5,000		3,297
	5.65% 2/13/17		25,000		16,560
	5.85% 9/15/16		55,000		36,349
	#144A 12.00% 12/18/18		25,000		13,741
@	GE Capital UK Funding
	4.625% 1/18/16	GBP	114,000		163,224
	General Electric Capital
	·2.82% 2/2/11	NOK	1,000,000		150,007
	@5.125% 1/28/14	SEK	1,000,000		129,404
	International Lease Finance
	5.25% 1/10/13	USD	10,000		7,791
	5.35% 3/1/12		5,000		3,766
	5.55% 9/5/12		10,000		7,890
	5.625% 9/20/13		15,000		11,703
	Lender Processing Services
	8.125% 7/1/16		25,000		24,750
·#	Liberty Mutual 144A
	10.75% 6/15/58		40,000		24,836
	MetLife 6.40% 12/15/36		55,000		39,152
#@	Nuveen Investments 144A
	10.50% 11/15/15		57,000		30,780
					726,800
Media – 1.36%
‡#	Charter Communications
	Operating 144A
	*10.00% 4/30/12		10,000		9,650
	*10.375% 4/30/14		15,000		14,325
	10.875% 9/15/14		70,000		72,450
#	CSC Holdings 144A
	8.50% 6/15/15		30,000		29,700
	DIRECTV Holdings
	7.625% 5/15/16		20,000		19,450
	Echostar DBS 7.125% 2/1/16		35,000		32,375
	Interpublic Group
	6.25% 11/15/14		18,000		15,435
	Lamar Media 6.625% 8/15/15		60,000		49,700
	Mediacom Capital
	9.50% 1/15/13		20,000		19,200
	Nielsen Finance
	10.00% 8/1/14		30,000		28,725
	#144A 11.625% 2/1/14		5,000		4,975
	Quebecor Media 7.75% 3/15/16		17,000		15,173
#	Rainbow National Services 144A
	10.375% 9/1/14		20,000		20,725
#	Videotron 144A
	9.125% 4/15/18		55,000		57,200
	Visant Holding 8.75% 12/1/13		30,000		29,175
					418,258
Real Estate – 0.04%
	Ventas Realty 6.50% 6/1/16		15,000		13,725
					13,725
Services Cyclical – 1.62%
*	ARAMARK 8.50% 2/1/15		63,000		60,400
	Corrections Corporation
	of America
	6.25% 3/15/13		20,000		19,050
	7.50% 5/1/11		5,000		4,975
	7.75% 6/1/17		5,000		4,925
	Delta Air Lines 7.92% 11/18/10		5,000		4,400
#	Erac USA Finance 144A
	6.375% 10/15/17		20,000		16,824
	FTI Consulting 7.625% 6/15/13		19,000		18,715
	Gaylord Entertainment
	6.75% 11/15/14		20,000		15,300
	8.00% 11/15/13		22,000		18,233
	Global Cash Access
	8.75% 3/15/12		40,000		39,400
#	Harrahs Operating Escrow 144A
	11.25% 6/1/17		30,000		29,250

(continues)     9

Statement of net assets

Delaware Investments^® Global Dividend and Income Fund, Inc.

		Principal		Value
		Amount°		(U.S. $)
Corporate Bonds (continued)
Services Cyclical (continued)
	Hertz
	*8.875% 1/1/14	USD	24,000	$	21,960
	10.50% 1/1/16		15,000		13,125
*#	MGM MIRAGE 144A
	10.375% 5/15/14		10,000		10,350
	11.125% 11/15/17		15,000		15,788
	13.00% 11/15/13		40,000		43,899
‡@	Northwest Airlines
	10.00% 2/1/10		15,000		152
	Pinnacle Entertainment
	7.50% 6/15/15		20,000		16,800
	8.75% 10/1/13		40,000		39,600
#@	Pokagon Gaming Authority
	144A 10.375% 6/15/14		30,000		29,100
	RSC Equipment Rental
	9.50% 12/1/14		25,000		19,625
@#	Seminole Indian Tribe of
	Florida 144A
	7.804% 10/1/20		40,000		33,507
	8.03% 10/1/20		20,000		16,238
#	Shingle Springs Tribal
	Gaming Authority 144A
	9.375% 6/15/15		10,000		5,850
					497,466
Services Non-Cyclical – 1.51%
	Alliance Imaging
	7.25% 12/15/12		30,000		29,550
	Allied Waste North America
	7.125% 5/15/16		10,000		9,788
	Casella Waste Systems
	9.75% 2/1/13		73,000		60,955
	Community Health Systems
	8.875% 7/15/15		55,000		54,656
	HCA
	6.50% 2/15/16		45,000		34,650
	9.25% 11/15/16		15,000		14,775
	PIK 9.625% 11/15/16		75,000		72,000
·	HealthSouth 8.323% 6/15/14		60,000		55,500
	Psychiatric Solutions
	7.75% 7/15/15		20,000		18,100
	#144A 7.75% 7/15/15		10,000		8,950
	Select Medical 7.625% 2/1/15		70,000		55,650
	Tenet Healthcare 7.375% 2/1/13		30,000		29,025
	US Oncology 9.00% 8/15/12		15,000		15,075
	US Oncology Holdings PIK
	6.904% 3/15/12		10,000		6,850
					465,524
Technology & Electronics – 0.63%
	Amkor Technologies
	7.75% 5/15/13		15,000		13,481
	Anixter 10.00% 3/15/14		10,000		9,950
	Avago Technologies Finance
	10.125% 12/1/13		20,000		19,325
	Celestica
	7.625% 7/1/13		30,000		29,400
	7.875% 7/1/11		15,000		15,113
	Flextronics International
	6.25% 11/15/14		15,000		13,500
	National Semiconductor
	6.60% 6/15/17		15,000		12,701
	Sanmina-SCI 8.125% 3/1/16		26,000		14,690
	SunGard Data Systems
	9.125% 8/15/13		34,000		32,894
	10.25% 8/15/15		35,000		31,938
					192,992
Telecommunications – 2.59%
	Cincinnati Bell 7.00% 2/15/15		25,000		23,063
	Citizens Communications
	6.25% 1/15/13		15,000		14,119
	7.125% 3/15/19		35,000		31,063
	Cricket Communications
	9.375% 11/1/14		32,000		32,000
	#144A 7.75% 5/15/16		15,000		14,569
	Crown Castle International
	9.00% 1/15/15		15,000		15,225
#	DigitalGlobe 144A
	10.50% 5/1/14		15,000		15,488
	Frontier Communications
	8.25% 5/1/14		25,000		24,563
	GCI 7.25% 2/15/14		15,000		13,669
	Hughes Network Systems
	9.50% 4/15/14		52,000		50,439
	Inmarsat Finance
	10.375% 11/15/12		35,000		36,313
	Intelsat Jackson Holdings
	11.25% 6/15/16		82,000		84,459
#	Intelsat Subsidiary Holdings
	144A 8.875% 1/15/15		15,000		14,850
	Lucent Technologies
	6.45% 3/15/29		42,000		24,150
	MetroPCS Wireless
	9.25% 11/1/14		42,000		42,367
	Nextel Communications
	7.375% 8/1/15		40,000		31,900
#	Qwest 144A 8.375% 5/1/16		20,000		19,750
	Qwest Communications
	International 7.50% 2/15/14		15,000		13,875
	Sprint Nextel 6.00% 12/1/16		90,000		73,574
	Telecom Italia Capital
	5.25% 10/1/15		98,000		89,848
#	Telesat Canada 144A
	11.00% 11/1/15		20,000		19,500
	12.50% 11/1/17		20,000		17,700
	Time Warner Telecom Holdings
	9.25% 2/15/14		40,000		40,300

10

		Principal		Value
		Amount°		(U.S. $)
Corporate Bonds (continued)
Telecommunications (continued)
	Virgin Media Finance
	8.75% 4/15/14	USD	25,000	$	24,250
	Windstream 8.125% 8/1/13		32,000		31,640
					798,674
Utilities – 0.88%
	AES
	8.00% 10/15/17		11,000		10,285
	#144A 8.00% 6/1/20		15,000		13,275
	#144A 8.75% 5/15/13		16,000		16,360
	Elwood Energy 8.159% 7/5/26		87,224		71,291
	Midwest Generation
	8.30% 7/2/09		18,255		18,164
	NRG Energy
	7.375% 2/1/16		63,000		59,456
	7.375% 1/15/17		5,000		4,713
	Orion Power Holdings
	12.00% 5/1/10		50,000		51,875
	RRI Energy 6.75% 12/15/14		10,000		9,675
	Texas Competitive Electric
	Holdings 10.25% 11/1/15		25,000		14,938
					270,032
Total Corporate Bonds
	(cost $7,550,776)				7,287,026
Foreign Agencies – 2.85%
Germany – 2.85%
	KFW
	3.50% 7/4/21	EUR	228,000		298,751
	4.125% 7/4/17	EUR	323,000		466,393
	8.00% 12/21/12	NZD	160,000		111,889
Total Foreign Agencies
	(cost $824,750)				877,033
Regional Agencies – 0.99%
Australia – 0.99%
	New South Wales Treasury
	6.00% 5/1/12	AUD	240,000		199,731
	Queensland Treasury
	6.00% 8/14/13	AUD	125,000		103,564
Total Regional Agencies
	(cost $300,678)				303,295
«Senior Secured Loans – 1.09%
	Ford Motor Term Tranche Loan B
	3.603% 12/15/13	USD	79,567		57,562
	General Motors Term Tranche
	Loan B 8.00% 11/29/13		94,439		90,479
	Talecris Biotherapeutics 2nd Lien
	7.42% 12/6/14		55,000		48,583
	Texas Competitive Electric
	Holdings Term Tranche
	Loan B2 3.882% 10/10/14		80,000		55,583
	Toys R US Term Tranche Loan B
	4.566% 7/19/12		50,000		41,375
	Univision Communications
	Term Tranche Loan B
	2.678% 9/29/14		60,000		41,663
Total Senior Secured Loans
	(cost $250,071)				335,245
Sovereign Debt – 1.00%
Brazil – 0.37%
	Brazilian Government
	International Bond
	8.50% 9/24/12	EUR	71,000		113,688
					113,688
Mexico – 0.13%
*	United Mexican States
	5.95% 3/19/19	USD	40,000		41,040
					41,040
Republic of South Korea – 0.50%
	Republic of South Korea
	4.25% 12/7/21	EUR	140,000		154,647
					154,647
Total Sovereign Debt
	(cost $329,155)				309,375
Supranational Banks – 2.85%
	European Investment Bank
	6.00% 8/14/13	AUD	78,000		64,175
	6.125% 1/23/17	AUD	73,000		58,541
	6.25% 4/15/14	GBP	130,000		238,222
	#144A 4.00% 5/15/14	NOK	960,000		152,090
	Inter-American Development
	Bank 7.25% 5/24/12	NZD	378,000		260,030
	International Bank
	for Reconstruction
	& Development
	12.25% 8/4/10	BRL	200,000		105,563
Total Supranational Banks
	(cost $859,101)				878,621
		Number of
		Shares
Exchange Traded Funds – 0.08%
Commodity Fund – 0.07%
†	SPDR Gold Trust		200		19,242
					19,242
Equity Fund – 0.01%
*	ProShares UltraShort Real Estate		200		3,910
					3,910
Total Exchange Traded Funds
	(cost $24,203)				23,152

(continues)     11

Statement of net assets

Delaware Investments^® Global Dividend and Income Fund, Inc.

		Number of		Value
		Shares		(U.S. $)
Limited Partnership – 0.06%
	Brookfield Infrastructure Partners		1,600	$	19,984
Total Limited Partnership
	(cost $30,407)				19,984
Warrants – 0.00%
†=	Port Townsend		20		0
†#	Solutia 144A, exercise price
	$7.59, expiration
	date 7/15/09		130		0
Total Warrants
	(cost $11,539)				0
		Principal
		Amount°
¹Discount Note – 18.74%
	Federal Home Loan Bank
	0.07% 6/1/09	USD	5,770,037		5,770,037
Total Discount Note
	(cost $5,770,037)				5,770,037
Total Value of Securities Before
	Securities Lending Collateral – 130.87%
	(cost $46,263,901)				40,289,344
		Number of
		Shares
Securities Lending Collateral** – 11.41%
	Investment Companies
	Mellon GSL DBT II
	Collateral Fund		1,456,079		1,456,079
	BNY Mellon SL DBT II
	Liquidating Fund		2,121,265		2,058,515
	†Mellon GSL Reinvestment
	Trust II		78,121		8
Total Securities Lending Collateral
	(cost $3,655,465)				3,514,602
Total Value of Securities – 142.28%
	(cost $49,919,366)				43,803,946	©
Obligation to Return Securities
	Lending Collateral** – (11.87%)				(3,655,465	)
Borrowing Under Line of Credit – (34.84%)					(10,725,000	)
Receivables and Other Assets
	Net of Liabilities – 4.43%				1,363,433
Net Assets Applicable to 5,190,559
	Shares Outstanding; Equivalent to
	$5.93 Per Share – 100.00%			$	30,786,914
Components of Net Assets at May 31, 2009:
Common stock, $0.01 par value,
500,000,000 shares authorized to the Fund				$	47,709,129
Distributions in excess of net investment income					(79,793	)
Accumulated net realized loss on investments					(10,793,023	)
Net unrealized depreciation of investments
and foreign currencies					(6,049,399	)
Total net assets				$	30,786,914

°Principal amount shown is stated in the currency in which each security is denominated.

AUD — Australian Dollar
BRL — Brazilian Real
CAD — Canadian Dollar
EUR — European Monetary Unit
GBP — British Pound Sterling
HKD — Hong Kong Dollar
NOK — Norwegian Kroner
NZD — New Zealand Dollar
PLN — Polish Zloty
SEK — Swedish Krona
USD — United States Dollar

v	Securities have been classified by type of business. Classification by country of origin has been presented in Security type and country allocations on page 2.
=	Security is being fair valued in accordance with the Fund’s fair valuation policy. At May 31, 2009, the aggregate amount of fair valued securities was $21,252, which represented 0.07% of the Fund’s net assets. See Note 1 in “Notes to financial statements.”
@	Illiquid security. At May 31, 2009, the aggregate amount of illiquid securities was $917,957, which represented 2.98% of the Fund’s net assets. See Note 11 in “Notes to financial statements.”
†	Non income producing security.
Õ	Restricted Security. These investments are in securities not registered under the Securities Act of 1933, as amended, and have certain restrictions on resale which may limit their liquidity. At May 31, 2009, the aggregate amount of the restricted securities was $1 or 0.00% of the Fund’s net assets. See Note 11 in “Notes to financial statements.”
±	Security is being valued based on international fair value pricing. At May 31, 2009, the aggregate amount of international fair value priced securities was $8,788,873, which represented 28.55% of the Fund's net assets. See Note 1 in “Notes to financial statements.”
·	Variable rate security. The rate shown is the rate as of May 31, 2009.
#	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At May 31, 2009, the aggregate amount of Rule 144A securities was $2,668,969, which represented 8.67% of the Fund’s net assets. See Note 11 in “Notes to financial statements.”
‡	Non income producing security. Security is currently in default.
Φ	Step coupon bond. Coupon increases or decreases periodically based on a predetermined schedule. Stated rate in effect at May 31, 2009.

12

«	Senior Secured Loans in which the Fund invests generally pay interest at rates which are periodically redetermined by reference to a base lending rate plus a premium. These base lending rates are generally: (i) the prime rate offered by one or more United States banks, (ii) the lending rate offered by one or more European banks such as the London Inter-Bank Offered Rate (LIBOR), and (iii) the certificate of deposit rate. Senior Secured Loans may be subject to restrictions on resale.
¹	The rate shown is the effective yield at the time of purchase.
*	Fully or partially on loan.
**	See Note 10 in “Notes to financial statements.”
©	Includes $3,514,608 of securities loaned.

Summary of Abbreviations:
ADR — American Depositary Receipt
FDR — Fiduciary Depositary Receipt
PIK — Payment-in-kind
REIT — Real Estate Investment Trust
S.F. — Single Family
SPDR — Standard & Poor’s Depositary Receipt
TBA — To be announced
yr — Year

The following foreign currency exchange contracts were outstanding at May 31, 2009:

Foreign Currency Exchange Contracts1
							Unrealized
Contracts to						Settlement	Appreciation
Receive (Deliver)			In Exchange For			Date	(Depreciation)
AUD	476,236		USD	(374,179	)	6/30/09		$  6,340
CAD	980,848		USD	(882,414	)	6/30/09		16,194
EUR	(310,333	)	USD	430,091		6/1/09		(8,680	)
GBP	145,663		USD	(231,139	)	6/30/09		4,329
HKD	(314,197	)	USD	40,521		6/1/09		(11	)
HKD	(66,601	)	USD	8,591		6/2/09		(1	)
NOK	18,612		USD	(2,885	)	6/30/09		65
NZD	122,462		USD	(76,000	)	6/30/09		2,317
PLN	310,992		USD	(98,681	)	6/30/09		(1,291	)
SEK	(562,040	)	USD	74,043		6/30/09		(232	)
								$19,030

The use of foreign currency exchange contracts involves elements of market risk and risks in excess of the amounts recognized in the financial statements. The notional values presented above represent the Fund’s total exposure in such contracts, whereas only the net unrealized appreciation (depreciation) is reflected in the Fund’s net assets.

¹ See Note 8 in “Notes to financial statements.”

See accompanying notes

13

Statement of assets and liabilities

Delaware Investments^® Global Dividend and Income Fund, Inc.

May 31, 2009 (Unaudited)

Assets:
Investments, at value1	$	40,289,344
Short-term investments held as collateral for loaned securities		3,514,602
Foreign currencies, at value		790,795
Cash		314,674
Receivables for securities sold		785,544
Dividends and interest receivable		342,985
Foreign currency contracts, at value		19,030
Securities lending income receivable		6,908
Total assets		46,063,882
Liabilities:
Payables for securities purchased		480,643
Distributions payable		298,457
Obligation to return securities lending collateral		3,655,465
Other liabilities		10,725,000
Other accrued expenses		117,403
Total liabilities		15,276,968
Total Net Assets	$	30,786,914
Investments, at cost	$	46,263,901
Cost of short-term investments held as collateral for loaned securities		3,655,465
Foreign currencies, at cost		769,157
1Including securities on loan		3,514,608

See accompanying notes

14

Statement of operations

Delaware Investments^® Global Dividend and Income Fund, Inc.

Six Months Ended May 31, 2009 (Unaudited)

Investment Income:
Dividends	$	537,323
Interest		533,306
Securities lending income		25,271
Foreign tax withheld		(24,334	)	$	1,071,566
Expenses:
Management fees		135,153
Reports to shareholders		36,016
Transfer agent fees		31,183
Legal fees		26,982
Custodian fees		17,936
NYSE fees		11,875
Pricing fees		9,402
Accounting and administration expenses		7,701
Audit and tax		6,664
Leverage expenses		4,270
Taxes (other than taxes on income)		4,000
Dues and services		3,646
Trustees’ fees		1,129
Insurance fees		472
Registration fees		292
Consulting fees		235
Trustees’ expenses		101			297,057
Interest expense					49,022
Total operating expenses					346,079
Net Investment Income					725,487
Net Realized and Unrealized Gain (Loss) on Investments and Foreign Currencies:
Net realized loss on:
Investments					(4,077,735	)
Foreign currencies					(44,700	)
Swap contracts					(1,049	)
Net realized loss					(4,123,484	)
Net change in unrealized appreciation/depreciation of investments and foreign currencies					8,284,841
Net Realized and Unrealized Gain on Investments and Foreign Currencies					4,161,357
Net Increase in Net Assets Resulting from Operations				$	4,886,844

See accompanying notes

15

Statements of changes in net assets

Delaware Investments^® Global Dividend and Income Fund, Inc.

	Six Months			Year
	Ended			Ended
	5/31/09			11/30/08
	(Unaudited)
Increase (Decrease) in Net Assets from Operations:
Net investment income	$	725,487		$	1,952,595
Net realized loss on investments and foreign currencies		(4,123,484	)		(5,262,320	)
Net change in unrealized appreciation/depreciation of investments and foreign currencies		8,284,841			(24,502,899	)
Net increase (decrease) in net assets resulting from operations		4,886,844			(27,812,624	)
Dividends and Distributions to Shareholders from:1
Net investment income		(1,907,530	)		(3,065,302	)
Net realized gains		—			—
Tax return of capital		—			(2,070,619	)
		(1,907,530	)		(5,135,921	)
Capital Share Transactions:2
Cost of shares repurchased		—			(2,573,422	)
Decrease in net assets derived from capital stock transactions		—			(2,573,422	)
Net Increase (Decrease) in Net Assets		2,979,314			(35,521,967	)
Net Assets:
Beginning of period		27,807,600			63,329,567
End of period (including distributions in excess of net investment income of $79,793
and $279,992, respectively)	$	30,786,914		$	27,807,600

¹ See Note 4 in “Notes to financial statements.” 
² See Note 6 in “Notes to financial statements.”

See accompanying notes

16

Statement of cash flows

Delaware Investments^® Global Dividend and Income Fund, Inc.

Six Months Ended May 31, 2009 (Unaudited)

Net Cash (Including Foreign Currency) Provided by Operating Activities:
Net increase in net assets resulting from operations	$	4,886,844
Adjustments to reconcile net increase in net assets from operations to cash provided by operating activities:
Amortization of premium and discount on investments purchased		(17,519	)
Purchase of investment securities		(10,769,332	)
Purchase of short term investment securities, net		(4,275,022	)
Proceeds from disposition of investment securities		16,904,569
Net realized loss on investment transactions		4,106,823
Net change in unrealized appreciation/depreciation of investments and foreign currencies		(8,316,027	)
Increase in receivable for investments sold		(595,204	)
Decrease in interest and dividends receivable		105,754
Increase in payable for investments purchased		225,703
Increase in interest payable		19,890
Increase in accrued expenses and other liabilities		297,831
Total adjustments		(2,312,534	)
Net cash provided by operating activities		2,574,310
Cash Flows Used for Financing Activities:
Cash dividends and distributions paid		(1,907,530	)
Net cash used for financing activities		(1,907,530	)
Effect of exchange rates on cash		11,918
Net increase in cash		678,698
Cash at beginning of period		405,134
Cash at end of period	$	1,083,832
Interest paid for borrowings during the period	$	29,132

See accompanying notes

17

Financial highlights

Delaware Investments^® Global Dividend and Income Fund, Inc.

Selected data for each share of the Fund outstanding throughout each period were as follows:

	Six Months
	Ended			Year Ended
	5/31/091			11/30/08		11/30/07		11/30/06		11/30/05		11/30/04
	(Unaudited)
Net asset value, beginning of period		$5.360		$11.590		$13.290		$13.190		$13.590		$11.980
Income (loss) from investment operations:
Net investment income2		0.140		0.365		0.269		0.273		0.384		0.416
Net realized and unrealized gain (loss)
on investments and foreign currencies		0.798		(5.635	)	0.192		2.437		0.176		2.154
Total from investment operations		0.938		(5.270	)	0.461		2.710		0.560		2.570
Less dividends and distributions from:
Net investment income		(0.368	)	(0.573	)	(0.402	)	(0.316	)	(0.398	)	(0.815	)
Net realized gain on investments		—		—		(0.863	)	(2.294	)	(0.562	)	(0.145	)
Return of capital		—		(0.387	)	(0.896	)	—		—		—
Total dividends and distributions		(0.368	)	(0.960	)	(2.161	)	(2.610	)	(0.960	)	(0.960	)
Net asset value, end of period		$5.930		$5.360		$11.590		$13.290		$13.190		$13.590
Market value, end of period		$5.500		$4.240		$10.550		$13.800		$13.400		$12.300
Total return based on:3
Market value		40.10%		(54.54%	)	(8.46%	)	24.39%		17.22%		12.01%
Net asset value		18.35%		(47.68%	)	4.43%		21.61%		4.43%		22.92%
Ratios and supplemental data:
Net assets, end of period (000 omitted)		$30,787		$27,808		$63,330		$72,590		$72,082		$81,321
Ratio of expenses to average net assets		2.48%		2.90%		3.13%		3.24%		2.59%		1.92%
Ratio of expenses to adjusted average net assets
(before interest expense)4		1.54%		1.23%		0.98%		1.01%		1.13%		0.98%
Ratio of interest expense to adjusted average net assets4		0.25%		0.79%		1.40%		1.40%		0.87%		0.46%
Ratio of net investment income to average net assets		5.21%		3.90%		2.01%		2.21%		2.84%		3.31%
Ratio of net investment income to adjusted average net assets4		3.76%		2.71%		1.52%		1.65%		2.19%		2.48%
Portfolio turnover		62%		60%		46%		76%		121%		78%
Leverage Analysis:
Debt outstanding at end of period at par (000 omitted)		$10,725		$10,725		$23,000		$23,000		$23,000		$25,000
Asset coverage per $1,000 of debt outstanding at end of period		$3,871		$3,593		$3,753		$4,156		$4,134		$4,253

¹ Ratios and portfolio turnover have been annualized and total return has not been annualized.

² The average shares outstanding method has been applied for per share information.

³ Total investment return is calculated assuming a purchase of common stock on the opening of the first day and a sale on the closing of the last day of each period reported. Dividends and distributions, if any, are assumed for the purpose of this calculation, to be reinvested at prices obtained under the Fund’s dividend reinvestment plan. Generally, total investment return based on net asset value will be higher than total investment return based on market value in periods where there is an increase in the discount or decrease in the premium of the market value to the net asset value from the beginning to the end of such periods. Conversely, total investment return based on net asset value will be lower than total investment return based on market value in periods where there is a decrease in the discount or an increase in the premium of the market value to the net asset value from the beginning to the end of such periods.

⁴ Adjusted average net assets excludes debt outstanding.

See accompanying notes

18

Notes to financial statements

Delaware Investments^® Global Dividend and Income Fund, Inc.

May 31, 2009 (Unaudited)

Delaware Investments Global Dividend and Income Fund, Inc. (Fund) is organized as a Maryland corporation and is a diversified closed-end management investment company under the Investment Company Act of 1940, as amended. The Fund’s shares trade on the New York Stock Exchange (NYSE) under the symbol DGF.

The investment objective of the Fund is to seek high current income. Capital appreciation is a secondary objective.

1. Significant Accounting Policies

The following accounting policies are in accordance with U.S. generally accepted accounting principles and are consistently followed by 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 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 ask prices will be used. Securities listed on a foreign exchange are valued at the last quoted sales price on the valuation date. U.S. Government and agency securities are valued at the mean between the bid and ask prices. Other debt securities, credit default swap (CDS) contracts and interest rate swap contracts are valued by an independent pricing service or broker. To the extent current market prices are not available, the pricing service may take into account developments related to the specific security, as well as transactions in comparable securities. Investment companies are valued at net asset value per share. Foreign currency exchange contracts are valued at the mean between the bid and ask prices. Interpolated values are derived when the settlement date of the contract is an interim date for which quotations are not available. Generally, index swap contracts and 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 (Board). 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 suspension of trading in a security. The Fund may use fair value pricing more frequently for securities traded primarily in non-U.S. markets because, among other things, most foreign markets close well before the Fund values its securities at 4:00 p.m. Eastern time. The earlier close of these foreign markets gives rise to the possibility that significant events, including broad market moves, government actions or pronouncements, aftermarket trading, or news events may have occurred in the interim. To account for this, the Fund may frequently value foreign securities using fair value prices based on third-party vendor modeling tools (international fair value pricing).

Federal Income Taxes — No provision for federal income taxes has been made as the Fund intends to continue to qualify for federal income tax purposes as a regulated investment company under Subchapter M of the Internal Revenue Code of 1986, as amended, and make the requisite distributions to shareholders. The Fund evaluates tax positions taken or expected to be taken in the course of preparing the Fund’s tax returns to determine whether the tax positions are “more-likely-than-not” of being sustained by the applicable tax authority. Tax positions not deemed to meet the more-likely-than-not threshold are recorded as a tax benefit or expense in the current year. The Fund did not record any tax benefit or expense in the current period.

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 to the extent permitted and, if necessary, a return of capital.

Repurchase Agreements — The Fund may invest in a pooled cash account along with other members of the Delaware Investments Family of Funds pursuant to an exemptive order issued by the Securities and Exchange Commission. The aggregate daily balance of the pooled cash account is invested in repurchase agreements secured by obligations of the U.S. government. The respective collateral is held by the Fund’s custodian bank until the maturity of the respective repurchase agreements. Each repurchase agreement is at least 102% collateralized. However, in the event of default or bankruptcy by the counterparty to the agreement, realization of the collateral may be subject to legal proceedings. At May 31, 2009, the Fund held no investments in repurchase agreements.

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, whereas 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 directly attributable to the Fund are charged directly to the Fund. Other expenses common to various funds within the Delaware Investments Family of Funds are generally allocated amongst such 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) for financial reporting purposes. 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 on non-convertible bonds are amortized to interest income over the lives of the respective securities. Realized gains (losses) on paydowns of mortgage and asset-backed securities are classified as interest income. 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 and interest have been provided for in accordance with the Fund’s understanding of

(continues)19

Notes to financial statements

Delaware Investments^® Global Dividend and Income Fund, Inc.

1. Significant Accounting Policies (continued)

the applicable country’s tax rules and rates. Distributions received from investments in Real Estate Investment Trusts (REITs) are recorded as dividend income on the ex-dividend date, subject to reclassification upon notice of the character of such distributions by the issuer.

Subject to seeking best execution, the Fund may direct certain security trades to brokers who have agreed to rebate a portion of the related brokerage commission to the Fund in cash. In general, best execution refers to many factors, including the price paid or received for a security, the commission charged, the promptness and reliability of execution, the confidentiality and placement accorded the order, and other factors affecting the overall benefit obtained by the Fund on the transaction. There were no commission rebates for the six months ended May 31, 2009. DMC, as defined below and its affiliates have previously and may in the future act as an investment advisor to mutual funds or separate accounts affiliated with the administrator of the commission recapture program described above. In addition, affiliates of the administrator act as consultants in helping institutional clients choose investment advisors and may also participate in other types of business and provide other services in the investment management industry.

The Fund receives earnings credits from its custodian when positive cash balances are maintained, which are used to offset custody fees. The expense paid under this arrangement is included in custodian fees on the statement of operations with the corresponding expense offset shown as “expense paid indirectly.”

2. Investment Management, Administration Agreements and Other Transactions with Affiliates

In accordance with the terms of its Investment Management Agreement, the Fund pays Delaware Management Company (DMC), a series of Delaware Management Business Trust and the investment manager, an annual fee of 0.70% (calculated daily) of the adjusted average weekly net assets of the Fund. For purposes of the calculation of investment management fees, adjusted average weekly net assets excludes the line of credit liability.

Delaware Service Company, Inc. (DSC), an affiliate of DMC, provides fund accounting and financial administration oversight services to the Fund. For these services, the Fund pays DSC fees based on the aggregate daily net assets of the Delaware Investments Family of Funds at the following annual rate: 0.0050% of the first $30 billion; 0.0045% of the next $10 billion; 0.0040% of the next $10 billion; and 0.0025% of aggregate average daily net assets in excess of $50 billion. The fees payable to DSC under the service agreement described above are allocated among all Funds in the Delaware Investments Family of Funds on a relative net asset value basis. For the six months ended May 31, 2009, the Fund was charged $963 for these services.

At May 31, 2009, the Fund had liabilities payable to affiliates as follows:

Investment management fee payable to DMC	$	23,642
Fees and other expenses payable to DSC		172
Other expenses payable to DMC and affiliates*		735

*DMC, as part of its administrative services, pays operating expenses on behalf of the Fund and is reimbursed on a periodic basis. Such expenses include items such as printing of shareholder reports, fees for audit, legal and tax services, stock exchange fees, custodian fees and Directors’ fees.

As provided in the investment management agreement, the Fund bears the cost of certain legal and tax services, including internal legal and tax services provided to the Fund by DMC and/or its affiliates’ employees. For the six months ended May 31, 2009, the Fund was charged $1,490 for internal legal and tax services provided by DMC and/or its affiliates’ employees.

Directors’ fees include expenses accrued by the Fund for each Director’s retainer and meeting fees. Certain officers of DMC and DSC are officers and/or directors of the Fund. These officers and Directors are paid no compensation by the Fund.

During the six months ended May 31, 2009, Kristen E. Bartholdson was appointed co-portfolio manager of the Fund. Ms. Bartholdson serves as co-manager with D. Tysen Nutt Jr., Anthony A. Lombardi, Roger A. Vogel Jr., Nikhil Lalvani, Nashira S. Wynn, Edward Gray, Todd A. Bassion, Thomas H. Chow, Roger A. Early, Kevin P. Loome, Babak Zenouzi, and Damon J. Andres. Ms. Bartholdson works with Mr. Nutt, Mr. Lombardi, Mr. Vogel, Ms. Wynn, and Mr. Lalvani on the Fund’s large cap value sleeve.

Effective March 30, 2009, Philip R. Perkins no longer serves as a Portfolio Manager to the Fund.

3. Investments

For the six months ended May 31, 2009, the Fund made purchases of $10,769,332 and sales of $16,904,569 of investment securities other than short-term investments.

At May 31, 2009, 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 May 31, 2009, the cost of investments was $50,462,314. At May 31, 2009, net unrealized depreciation was $6,658,368, of which $1,296,670 related to unrealized appreciation of investments and $7,955,038 related to unrealized depreciation of investments.

The Fund applies Financial Accounting Standards No. 157, Fair Value Measurements (FAS 157). FAS 157 defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. FAS 157 also establishes a framework for measuring fair value, and a three level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions that market participants would use in pricing the asset or liability developed based on the best information available under the circumstances. The Fund’s investment in its entirety is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

Level 1 – inputs are quoted prices in active markets

Level 2 – inputs are observable, directly or indirectly

Level 3 – inputs are unobservable and reflect assumptions on the part of the reporting entity

20

The following table summarizes the valuation of the Fund’s investments by the FAS 157 fair value hierarchy levels as of May 31, 2009:

	Securities		Derivatives
Level 1	$	12,989,943	$	—
Level 2		30,223,670		19,030
Level 3		590,333		—
Total	$	43,803,946	$	19,030

As a result of utilizing international fair value pricing at May 31, 2009, the majority of the portfolio was categorized as Level 2 in the FAS 157 hierarchy.

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value:

	Securities
Balance as of 11/30/08	$	567,495
Net realized loss		(94,523	)
Net change in unrealized appreciation/depreciation		212,234
Net purchases and settlements		(94,873	)
Balance as of 5/31/09	$	590,333
Net change in unrealized appreciation/depreciation
from investments still held as of 5/31/09	$	212,083

4. Dividend and Distribution Information

Income and long-term capital gain distributions are determined in accordance with federal income tax regulations, which may differ from U.S. generally accepted accounting principles. Additionally, distributions from net gains on foreign currency transactions and net short-term gains on sales of investment securities are treated as ordinary income for federal income tax purposes. The tax character of dividends and distributions paid during the six months ended May 31, 2009 and the year ended November 30, 2008 was as follows:

	Six Months		Year
	Ended		Ended
	5/31/09*		11/30/08
Ordinary income	$	1,907,530	$	3,065,302
Return of capital		—		2,070,619
Total	$	1,907,530	$	5,135,921

*Tax information for the period ended May 31, 2009 is an estimate and the tax character of dividends and distributions may be redesignated at fiscal year end.

5. Components of Net Assets on a Tax Basis

The components of net assets are estimated since final tax characteristics cannot be determined until fiscal year end. As of May 31, 2009, the estimated components of net assets on a tax basis were as follows:

Shares of beneficial interest	$	47,709,129
Realized losses 12/1/08 – 5/31/09		(4,085,203	)
Capital loss carryforwards as of 11/30/08		(6,164,872	)
Other temporary differences		(52,072	)
Unrealized depreciation of investments
and foreign currencies		(6,620,068	)
Net assets	$	30,786,914

The differences between book basis and tax basis components of net assets are primarily attributable to tax deferral of losses on wash sales, tax deferral of losses on straddles, contingent payment debt instruments, mark-to-market of forward foreign currency contracts, partnership income, and market discount and premium on debt instruments.

For financial reporting purposes, capital accounts are adjusted to reflect the tax character of permanent book/tax differences. Reclassifications are primarily due to tax treatment of gain (loss) on foreign currency transactions, dividends and distributions, CDS contracts, market discount and premium on certain debt instruments and paydowns of mortgage- and asset-backed securities. Results of operations and net assets were not affected by these reclassifications. For the six months ended May 31, 2009, the Fund recorded an estimate of these differences since the final tax characteristics cannot be determined until fiscal year end.

Distributions in excess of net investment income	$1,382,242
Accumulated net realized loss	57,010
Paid-in capital	(1,439,252	)

For federal income tax purposes, capital loss carryforwards may be carried forward and applied against future capital gains. Capital loss carryforwards remaining at November 30, 2008 was $6,164,872 and will expire in 2016.

For the six months ended May 31, 2009, the Fund had capital losses of $4,085,203 which may increase the capital loss carryforwards.

6. Capital Stock

Shares obtained under the Fund’s dividend reinvestment plan are purchased by the Fund’s transfer agent, BNY Mellon Shareowner Services, in the open market. There were no shares issued under the Fund’s dividend reinvestment plan for the six months ended May 31, 2009 and the year ended November 30, 2008.

On May 21, 2009, the Fund’s Board approved a tender offer for shares of the Fund’s common stock. The tender offer authorized the Fund to purchase up to 5% of its issued and outstanding shares at a price equal to the Fund’s net asset value at the close of business on the NYSE on June 29, 2009, the first business day following the expiration of the offer. The tender offer commenced on June 1, 2009 and expired on June 26, 2009.

In connection with the tender offer, the Fund purchased 259,528 shares of capital stock at a total cost of $1,531,215. The tender offer was oversubscribed and all tenders of shares were subject to pro-ration (at a ratio of approximately 0.578412712) in accordance with the terms of the tender offer.

On May 22, 2008, the Fund’s Board approved a tender offer for shares of the Fund’s common stock. The tender offer authorized the Fund to purchase up to 5% of its issued and outstanding shares at a price equal to the Fund’s net asset value at the close of business on the NYSE on June 30, 2008, the first business day following the expiration of the offer.

The tender offer commenced on May 30, 2008 and expired on June 27, 2008. In connection with the tender offer, the Fund purchased 273,187 shares of capital stock at a total cost of $2,573,422.

The Fund did not repurchase shares under the Share Repurchase Program during the six months ended May 31, 2009, and year ended November 30, 2008.

(continues)     21

Notes to financial statements

Delaware Investments^® Global Dividend and Income Fund, Inc.

7. Line of Credit

For the six months ended May 31, 2009, the Fund borrowed money pursuant to a $25,000,000 Credit Agreement with The Bank of New York Mellon (BNY Mellon) that expires on November 30, 2009. Depending on market conditions, the amount borrowed by the Fund pursuant to the Credit Agreement may be reduced or possibly increased in the future.

At May 31, 2009, the par value of loans outstanding was $10,725,000 at a variable interest rate of 1.09%. During the six months ended May 31, 2009, the average daily balance of loans outstanding was $10,725,000 at a weighted average interest rate of approximately 1.07%. Interest on borrowings is based on a variable short-term rate plus an applicable margin. The commitment fee is computed at a rate of 0.10% per annum on the unused balance. The loan is collateralized by the Fund’s portfolio.

8. Foreign Currency Exchange Contracts

The Fund may enter into foreign 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 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 foreign 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 foreign 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.

The Fund’s maximum risk of loss from counterparty credit risk is the value of its currency exchanged with the counterparty. The risk is generally mitigated by having a netting arrangement between the Fund and the counterparty and by the posting of collateral by the counterparty to the Fund to cover the Fund’s exposure to the counterparty.

9. Swap Contracts

The Fund may enter into interest rate swap contracts, index swap contracts and CDS contracts in the normal course of pursuing its investment objectives. The Fund may use interest rate swaps to adjust the Fund’s sensitivity to interest rates or to hedge against changes in interest rates. Index swaps may be used to gain exposure to markets that the Fund invests in, such as the corporate bond market. The Fund may also use index swaps as a substitute for futures or options contracts if such contracts are not directly available to the Fund on favorable terms. The Fund may enter into CDS contracts in order to hedge against a credit event, to enhance total return or to gain exposure to certain securities or markets.

Interest Rate Swaps. An interest rate swap involves payments received by the Fund from another party based on a variable or floating interest rate, in return for making payments based on a fixed interest rate. An interest rate swap can also work in reverse with the Fund receiving payments based on a fixed interest rate and making payments based on a variable or floating interest rate. Interest rate swaps may be used to adjust the Fund’s sensitivity to interest rates or to hedge against changes in interest rates. Periodic payments on such contracts are accrued daily and recorded as unrealized appreciation/depreciation on swap contracts. Upon periodic payment/receipt or termination of the contract, such amounts are recorded as realized gains or losses on swap contracts. The Fund’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from/paid to the counterparty over the interest rate swap contract’s remaining life, to the extent that the amount is positive. This risk is mitigated by having a netting arrangement between the Fund and the counterparty and by the posting of collateral by the counterparty to the Fund to cover the Fund’s exposure to the counterparty.

Index Swaps. Index swaps involve commitments to pay interest in exchange for a market linked return based on a notional amount. To the extent the total return of the security, instrument or basket of instruments underlying the transaction exceeds the offsetting interest obligation, the Fund will receive a payment from the counterparty. To the extent the total return of the security, instrument or basket of instruments underlying the transaction falls short of the offsetting interest obligation, the Fund will make a payment to the counterparty. The change in value of swap contracts outstanding, if any, is recorded as unrealized appreciation or depreciation daily. A realized gain or loss is recorded on maturity or termination of the swap contract. The Fund’s maximum risk of loss from counterparty credit risk is the discounted net value of the cash flows to be received from/paid to the counterparty over the index swap contract’s remaining life, to the extent that the amount is positive. This risk is mitigated by having a netting arrangement between the Fund and the counterparty and by the posting of collateral by the counterparty to the Fund to cover the Fund’s exposure to the counterparty.

Credit Default Swaps. A CDS contract is a risk-transfer instrument through which one party (purchaser of protection) transfers to another party (seller of protection) the financial risk of a credit event (as defined in the CDS agreement), as it relates to a particular reference security or basket of securities (such as an index). In exchange for the protection offered by the seller of protection, the purchaser of protection agrees to pay the seller of protection a periodic amount at a stated rate that is applied to the notional amount of the CDS contract. In addition, an upfront payment may be made or received by the Fund in connection with an unwinding or assignment of a CDS contract. Upon the occurrence of a credit event, the seller of protection would pay the par (or other agreed-upon) value of the referenced security (or basket of securities) to the counterparty.

During the six months ended June 30, 2009, the Fund entered into CDS contracts as a purchaser of protection. Periodic payments on such contracts are accrued daily and recorded as unrealized losses (gains) on swap contracts. Upon payment, such amounts are recorded as realized losses (gains) on swap contracts. Upfront payments made or received in

22

connection with CDS contracts are amortized over the expected life of the CDS contracts as unrealized losses (gains) on swap contracts. The change in value of CDS contracts is recorded as unrealized appreciation or depreciation daily. A realized gain or loss is recorded upon a credit event (as defined in the CDS agreement) or the maturity or termination of the agreement. For the six months ended May 31, 2009, the Fund did not enter into any CDS contracts as a seller of protection.

CDS may involve greater risks than if the Fund had invested in the referenced obligation directly. CDS are subject to general market risk, liquidity risk, counterparty risk and credit risk. The Fund’s maximum risk of loss from counterparty credit risk, either as the seller of protection or the buyer of protection, is the fair value of the contract. This risk is mitigated by having a netting arrangement between the Fund and the counterparty and by the posting of collateral by the counterparty to the Fund to cover the Fund’s exposure to the counterparty.

Swaps Generally. Because there is no organized market for swap contracts, the value of open swaps may differ from that which would be realized in the event the Fund terminated its position in the agreement. Risks of entering into these contracts include the potential inability of the counterparty to meet the terms of the contracts. This type of risk is generally limited to the amount of favorable movement in the value of the underlying security, instrument or basket of instruments, if any, at the day of default. Risks also arise from potential losses from adverse market movements and such losses could exceed the unrealized amounts.

10. Securities Lending

The Fund, along with other funds in the Delaware InvestmentsFamily of Funds, may lend its securities pursuant to a security lending agreement (Lending Agreement) with BNY Mellon. With respect to each loan, if the aggregate market value of securities collateral held plus cash collateral received 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 generally invested in the Mellon GSL DBT II Collateral Fund (Collective Trust) established by BNY Mellon for the purpose of investment on behalf of clients participating in its securities lending programs. The Collective Trust may invest in fixed income securities, with a weighted average maturity not to exceed 90 days, rated in one of the top three tiers by Standard & Poor’s Ratings Group (S&P) or Moody’s Investors Service, Inc. (Moody’s) or repurchase agreements collateralized by such securities. The Collective Trust seeks to maintain a net asset value per unit of $1.00, but there can be no assurance that it will always be able to do so. At May 31, 2009, the Collective Trust held only cash and assets with a maturity of one business day or less (Cash/Overnight Assets). The Fund may incur investment losses as a result of investing securities lending collateral in the Collective Trust. This could occur if an investment in the Collective Trust defaulted or if it were necessary to liquidate assets in the Collective Trust to meet returns on outstanding security loans at a time when the Collective Trust’s net asset value per unit was less than $1.00. Under those circumstances, the Fund may not receive an amount from the Collective Trust that is equal in amount to the collateral the Fund would be required to return to the borrower of the securities and the Fund would be required to make up for this shortfall. Effective April 20, 2009, BNY Mellon transferred the assets of the Collective Trust other than the Cash/Overnight Assets to the BNY Mellon SL DBT II Liquidating Fund (Liquidating Fund), effectively bifurcating the collateral investment pool. The Fund’s exposure to the Liquidating Fund is expected to decrease as the Liquidating Fund’s assets mature or are sold. In October, 2008, BNY Mellon transferred certain distressed securities from the Collective Trust into the Mellon GSL Reinvestment Trust II. The Fund can also accept U.S. government securities and letters of credit (non-cash collateral) in connection with securities loans. 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 or interest, as applicable, 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. With respect to security loans collateralized by non-cash collateral, the Fund receives loan premiums paid by the borrower. With respect to security loans collateralized by cash collateral, the earnings from the collateral investments are shared among the Fund, the security lending agent and the borrower. The Fund records security lending income net of allocations to the security lending agent and the borrower.

At May 31, 2009, the value of the securities on loan was $3,514,608, for which the Fund received collateral, comprised of securities collateral valued at $17,250, and cash collateral of $3,655,465. Investments purchased with cash collateral are presented on the statement of net assets under the caption “Securities Lending Collateral.”

11. Credit and Market Risk

The Fund borrows through its line of credit for purposes of leveraging. Leveraging may result in higher degrees of volatility because the Fund’s net asset value could be subject to fluctuations in short-term interest rates and changes in market value of portfolio securities attributable to the leverage.

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 S&P and/or Ba or lower by Moody’s. Investments in these higher yielding securities are

(continues)     23

Notes to financial statements

Delaware Investments^® Global Dividend and Income Fund, Inc.

11. Credit and Market Risk (continued)

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 invests in REITs and is subject to 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. There were no direct real estate holdings during the six months ended May 31, 2009. 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.

The Fund may invest up to 10% of its net 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. While maintaining oversight, the Fund’s Board has delegated to DMC the day-to-day functions of determining whether individual securities are liquid for purposes of the Fund’s limitation on investments in illiquid assets. Securities eligible for resale pursuant to Rule 144A, which are determined to be liquid, are not subject to the Fund’s 10% limit on investments in illiquid securities. Rule 144A and illiquid securities have been identified on the statement of net assets.

12. Contractual Obligations

The Fund enters into contracts in the normal course of business that contain a variety of indemnifications. The Fund’s maximum exposure under these arrangements is unknown. However, the Fund has not had prior claims or losses pursuant to these contracts. Management has reviewed the Fund’s existing contracts and expects the risk of loss to be remote.

24

Other Fund information

Delaware Investments^® Global Dividend and Income Fund, Inc.

Board Consideration of Delaware Investments Global Dividend and Income Fund, Inc. Investment Advisory Agreement

At a meeting held on May 19–21, 2009 (the “Annual Meeting”), the Board of Directors (the “Board”), including a majority of disinterested or independent Directors, approved the renewal of the Investment Advisory Agreement for the Delaware Investments Global Dividend and Income Fund, Inc. (the “Fund”). In making its decision, the Board considered information furnished specifically in connection with the renewal of the Investment Advisory Agreement with Delaware Management Company (“DMC”), which included materials provided by DMC and its affiliates (“Delaware Investments”) concerning, among other things, the nature, extent and quality of services provided to the Fund, the costs of such services to the Fund, economies of scale and the financial condition and profitability of Delaware Investments. Reference was made to information furnished at regular quarterly Board meetings, including reports detailing Fund performance, investment strategies and expenses, as well as information prepared specifically in connection with the renewal of the investment advisory and sub-advisory contracts. In addition, in connection with the Annual Meeting, reports were provided in February 2009 and included independent historical and comparative reports prepared by Lipper Inc. (“Lipper”), an independent statistical compilation organization. The Lipper reports compared the Fund’s investment performance and expenses with those of other comparable mutual funds. The independent Directors reviewed and discussed the Lipper reports with counsel to the independent Directors. The Board requested and received information regarding Management’s policy with respect to advisory fee levels and its breakpoint philosophy the structure of portfolio manager compensation; the investment manager’s profitability; and any constraints or limitations on the availability of securities in certain investment styles which had in the past year inhibited, or which were likely in the future to inhibit, DMC’s ability to invest fully in accordance with Fund policies.

In considering information relating to the approval of the Fund’s advisory agreement, the independent Directors received assistance and advice from and met separately with counsel to the independent Directors. Although the Directors gave attention to all information furnished, the following discussion identifies, under separate headings, the primary factors taken into account by the Board during its contract renewal considerations.

Nature, Extent and Quality of Service. The Board considered the services provided by Delaware Investments to the Fund and its shareholders. In reviewing the nature, extent and quality of services, the Board considered reports furnished to it throughout the year, which covered matters such as the relative performance of the Fund, compliance of portfolio managers with the investment policies, strategies and restrictions for the Fund, compliance by Management personnel with the Code of Ethics adopted throughout the Delaware InvestmentsFamily of Funds complex and adherence to fair value pricing procedures as established by the Board. The Board was pleased with the current staffing of the Fund’s investment advisor and the emphasis placed on research in the investment process. The Board gave favorable consideration to DMC’s efforts to control expenditures while maintaining service levels committed to fund matters. The Board noted that Management finished upgrading investment accounting functions through outsourcing to improve the quality and lower the cost of delivering investment accounting services to the Fund. The Board was satisfied with the nature, extent and quality of the overall services provided by Delaware Investments.

Investment Performance. The Board placed significant emphasis on the investment performance of the Fund in view of its importance to shareholders. Although the Board gave appropriate consideration to performance reports and discussions with portfolio managers at Board meetings throughout the year, the Board gave particular weight to the Lipper reports furnished for the Annual Meeting. The Lipper reports prepared for the Fund showed the investment performance of its shares in comparison to a group of similar funds as selected by Lipper (the “Performance Universe”). A fund with the highest performance ranked first, and a fund with the lowest ranked last. The highest/best performing 25% of funds in the Performance Universe make up the first quartile; the next 25%, the second quartile; the next 25%, the third quartile; and the lowest/worst performing 25% of funds in the Performance Universe make up the fourth quartile. Comparative annualized performance for the Fund was shown for the past one-, three-, five- and ten-year periods ended December 31, 2008. The Board’s objective is that the Fund’s performance for the periods considered be at or above the median of its Performance Universe. The following paragraph summarizes the performance results for the Fund and the Board’s view of such performance.

(continues)     25

Other Fund information

Delaware Investments^® Global Dividend and Income Fund, Inc.

Board Consideration of Delaware Investments Global Dividend and Income Fund, Inc. Investment Advisory Agreement (continued)

The Performance Universe for the Fund consisted of the Fund and all leveraged closed-end income and preferred stock funds as selected by Lipper. The Lipper report comparison showed that the Fund’s total return for the one-year period was in the second quartile. The report further showed that the Fund’s performance for the three-, five- and ten-year periods was in the first quartile. The Board was satisfied with performance.

Comparative Expenses. The Board considered expense comparison data for the Delaware Investments^® Family of Funds. Management provided the Board with information on pricing levels and fee structures for the Fund as of October 31, 2008 and, for comparative funds, information as of their respective fiscal year end occurring on or before August 31, 2008. The Board also focused on the comparative analysis of effective management fees and total expense ratios of the Fund versus effective management fees and expense ratios of a group of similar closed-end funds as selected by Lipper (the “Expense Group”). In reviewing comparative costs, the Fund’s contractual management fee and the actual management fee incurred by the Fund were compared with the contractual management fees (assuming all funds in the Expense Group were similar in size to the Fund) and actual management fees (as reported by each fund) within the Expense Group, taking into account any applicable breakpoints and fee waivers. The Fund’s total expenses were also compared with those of its Expense Group. The Board considered fees paid to Delaware Investments for non management services. The Board’s objective is to limit the Fund’s total expense ratio to be competitive with that of the Expense Group. The following paragraph summarizes the expense results for the Fund and the Board’s view of such expenses.

The expense comparisons for the Fund showed that its actual management fee was in the quartile with the lowest expenses of its Expense Group and its total expenses were in the quartile with the second lowest expenses of its Expense Group. The Board was satisfied with the management fee and total expenses of the Fund in comparison to those of its Expense Group.

Management Profitability. The Board considered the level of profits, if any, realized by Delaware Investments in connection with the operation of the Fund. In this respect, the Board reviewed the Investment Management Profitability Analysis that addressed the overall profitability of Delaware Investments’ business in providing management and other services to each of the individual funds and the Delaware InvestmentsFamily of Funds as a whole. Specific attention was given to the methodology followed in allocating costs for the purpose of determining profitability. Management stated that the level of profits of Delaware Investments, to a certain extent, reflect recent operational cost savings and efficiencies initiated by Delaware Investments. The Board considered Delaware Investments’ efforts to improve services provided to fund shareholders and to meet additional regulatory and compliance requirements resulting from recent industry-wide Securities and Exchange Commission initiatives. The Board also considered the extent to which Delaware Investments might derive ancillary benefits from fund operations, including the potential for procuring additional business as a result of the prestige and visibility associated with its role as service provider to the Delaware InvestmentsFamily of Funds and the benefits from allocation of fund brokerage to improve trading efficiencies. The Board found that the management fees were reasonable in light of the services rendered and the profitability of Delaware Investments.

Economies of Scale. As a closed-end fund, the Fund does not issue shares on a continuous basis. Fund assets increase only to the extent that the values of the underlying securities in the Fund increase. Accordingly, the Board determined that the Fund was not likely to experience significant economies of scale due to asset growth and, therefore, a fee schedule with breakpoints to pass the benefit of economies of scale on to shareholders was not likely to provide the intended effect.

26

About the organization

This semiannual report is for the information of Delaware Investments^® Global Dividend and Income Fund, Inc. shareholders. The figures in this report represent past results that are not a guarantee of future results. The return and principal value of an investment in the Fund will fluctuate so that shares, when sold, may be worth more or less than their original cost.

Notice is hereby given in accordance with Section 23(c) of the Investment Company Act of 1940 that the Fund may, from time to time, purchase shares of its Common Stock on the open market at market prices. Your Fund’s Board of Directors approved a share repurchase program in 1994 that authorizes the Fund to purchase up to 10% of its outstanding shares on the floor of the New York Stock Exchange.

Board of Directors Patrick P. Coyne
Chairman, President,
and Chief Executive Officer
Delaware Investments Family of Funds
Philadelphia, PA
Thomas L. Bennett^†
Private Investor
Rosemont, PA
John A. Fry^†
President
Franklin & Marshall College
Lancaster, PA
Anthony D. Knerr
Founder and Managing Director
Anthony Knerr & Associates
New York, NY
Lucinda S. Landreth
Former Chief Investment Officer
Assurant Inc.
Philadelphia, PA
Ann R. LevenConsultant
ARL Associates
New York, NY
Thomas F. Madison^†President and Chief Executive OfficerMLM Partners Inc.
Minneapolis, MN
Janet L. Yeomans
Vice President and Treasurer
3M Corporation
St. Paul, MN

J. Richard Zecher^†
Founder
Investor Analytics
Scottsdale, AZ

^†Audit committee member Affiliated officers David F. Connor
Vice President, Deputy General Counsel,
and Secretary
Delaware Investments Family of Funds
Philadelphia, PA
Daniel V. Geatens
Vice President and Treasurer
Delaware Investments Family of Funds
Philadelphia, PA
David P. O’Connor
Senior Vice President, General Counsel,
and Chief Legal Officer
Delaware Investments Family of Funds
Philadelphia, PA
Richard Salus
Senior Vice President and
Chief Financial Officer
Delaware Investments Family of Funds
Philadelphia, PA The Fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission for the first and third quarters of each fiscal year on Form N-Q. The Fund’s Forms N-Q, as well as a description of the policies and procedures that the Fund uses to determine how to vote proxies (if any) relating to portfolio securities is available without charge (i) upon request, by calling 800 523-1918; (ii) on the Fund’s Web site at http://www.delawareinvestments.com; and (iii) on the Commission’s Web site at http://www.sec.gov. The Fund’s Forms N-Q may be reviewed and copied at the Commission’s Public Reference Room in Washington, D.C.; information on the operation of the Public Reference Room may be obtained by calling 800 SEC-0330. Information (if any) regarding how the Fund voted proxies relating to portfolio securities during the most recently disclosed 12-month period ended June 30 is available without charge (i) through the Fund’s Web site at http://www.delawareinvestments.com; and (ii) on the Commission’s Web site at http://www.sec.gov. Contact information Investment manager
Delaware Management Company
a series of Delaware Management
Business Trust
Philadelphia, PA
Principal office of the Fund
2005 Market Street
Philadelphia, PA 19103-7057
Independent registered public
accounting firm
Ernst & Young LLP
2001 Market Street
Philadelphia, PA 19103
Registrar and stock transfer
agent
BNY Mellon Shareowner Services
480 Washington Blvd.
Jersey City, NJ 07310
800 851-9677
For securities dealers
and financial institutions
representatives
800 362-7500 Web site
www.delawareinvestments.com
 
Delaware Investments is the marketing name of Delaware Management Holdings, Inc. and its subsidiaries. Your reinvestment options
Delaware Investments Global Dividend and Income Fund, Inc. offers an automatic dividend reinvestment program. If you would like to reinvest dividends, and shares are registered in your name, contact BNY Mellon Shareowner Services at 800 851-9677. You will be asked to put your request in writing. If you have shares registered in “street” name, contact the broker/dealer holding the shares or your financial advisor.

27

Item 2. Code of Ethics

       Not applicable.

Item 3. Audit Committee Financial Expert

       Not applicable.

Item 4. Principal Accountant Fees and Services

       Not applicable.

Item 5. Audit Committee of Listed Registrants

       Not applicable.

Item 6. Investments

       (a) Included as part of report to shareholders filed under Item 1 of this Form N-CSR.

       (b) Divestment of securities in accordance with Section 13(c) of the Investment Company Act of 1940.

       Not applicable.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies

       Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies

       Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Companies and Affiliated Purchasers

       Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders

       Not applicable.

Item 11. Controls and Procedures

       The registrant’s principal executive officer and principal financial officer have evaluated the registrant’s disclosure controls and procedures within 90 days of the filing of this report and have concluded that they are effective in providing reasonable assurance that the information required to be disclosed by the registrant in its reports or statements filed under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission.

       There were no significant changes in the registrant’s internal control over financial reporting that occurred during the second fiscal quarter of the period covered by the report to stockholders included herein (i.e., the registrant’s second fiscal quarter) that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Exhibits

(a)	(1) Code of Ethics
		Not applicable.
	(2) Certifications of Principal Executive Officer and Principal Financial Officer pursuant to Rule 30a-2 under the Investment Company Act of 1940 are attached hereto as Exhibit 99.CERT.
	(3) Written solicitations to purchase securities pursuant to Rule 23c-1 under the Securities Exchange Act of 1934.
		Not applicable.
(b)	Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 are furnished herewith as Exhibit 99.906CERT.

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.

Name of Registrant: Delaware Investments^® Global Dividend and Income Fund, Inc.

PATRICK P. COYNE
By:	Patrick P. Coyne
Title:	Chief Executive Officer
Date:	July 29, 2009

       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.

PATRICK P. COYNE
By:	Patrick P. Coyne
Title:	Chief Executive Officer
Date:	July 29, 2009
RICHARD SALUS
By:	Richard Salus
Title:	Chief Financial Officer
Date:	July 29, 2009

EX-99.CERT

EXHIBIT 99.CERT

CERTIFICATION

I, Patrick P. Coyne certify that:

1.	I have reviewed this report on Form N-CSR 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 financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
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 second fiscal quarter of the period covered by this report 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.

Date: July 29, 2009

PATRICK P. COYNE

By:    Patrick P. Coyne

Title: Chief Executive Officer

CERTIFICATION

I, Richard Salus, certify that:

1.	I have reviewed this report on Form N-CSR 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 financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;
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 second fiscal quarter of the period covered by this report 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.

Date: July 29, 2009

RICHARD SALUS

By:    Richard Salus

Title: Chief Financial Officer

EX-99.906CERT

EXHIBIT 99.906CERT

Certification Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002

In connection with the attached report of the registrant on Form N-CSR to be filed with the Securities and Exchange Commission (the “Report”), each of the undersigned officers of the registrant does hereby certify, to the best of such officer’s knowledge, that:

1.	The Report fully complies with the requirements of Section 13(a) or Section 15(d) of the Securities Exchange Act of 1934; and
2.	The information contained in the Report fairly represents, in all material respects, the financial condition and results of operations of the registrant as of, and for, the periods presented in the Report.

Date: July 29, 2009
 

PATRICK P. COYNE
By:	Patrick P. Coyne
Title:	Chief Executive Officer
RICHARD SALUS
By:	Richard Salus
Title:	Chief Financial Officer

A signed original of this written statement required by Section 906 of the Sarbanes-Oxley Act, or other document authenticating, acknowledging, or otherwise adopting the signatures that appear in typed form within the electronic version of this written statement required by Section 906, has been provided to the registrant and will be retained by the registrant and furnished to the SEC or its staff upon request.