Schedule of investments
Delaware Equity Income Fund
December 31, 2022 (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks — 99.28% | |||
Communication Services — 8.17% | |||
AT&T | 259,746 | $ 4,781,924 | |
Comcast Class A | 182,634 | 6,386,711 | |
Meta Platforms Class A † | ���32,528 | 3,914,419 | |
Verizon Communications | 185,887 | 7,323,948 | |
22,407,002 | |||
Consumer Discretionary — 8.56% | |||
Chipotle Mexican Grill † | 834 | 1,157,167 | |
Ford Motor | 72,740 | 845,966 | |
H&R Block | 75,189 | 2,745,150 | |
Lowe's | 14,806 | 2,949,947 | |
Macy's | 203,755 | 4,207,541 | |
Tapestry | 44,401 | 1,690,790 | |
TJX | 124,461 | 9,907,096 | |
23,503,657 | |||
Consumer Staples — 5.96% | |||
Altria Group | 93,807 | 4,287,918 | |
Archer-Daniels-Midland | 15,149 | 1,406,585 | |
Mondelez International Class A | 23,367 | 1,557,410 | |
Philip Morris International | 89,891 | 9,097,868 | |
16,349,781 | |||
Energy — 14.16% | |||
APA | 116,860 | 5,455,025 | |
ConocoPhillips | 78,773 | 9,295,214 | |
Exxon Mobil | 153,184 | 16,896,195 | |
Ovintiv | 83,742 | 4,246,557 | |
PDC Energy | 46,867 | 2,975,117 | |
38,868,108 | |||
Financials — 19.31% | |||
Allstate | 6,213 | 842,483 | |
American Financial Group | 17,947 | 2,463,764 | |
American International Group | 90,153 | 5,701,276 | |
Blackstone | 58,431 | 4,334,996 | |
Discover Financial Services | 9,254 | 905,319 | |
Evercore Class A | 17,773 | 1,938,679 | |
F&G Annuities & Life † | 6,852 | 137,108 | |
Fidelity National Financial | 100,775 | 3,791,155 | |
First American Financial | 56,024 | 2,932,296 | |
MetLife | 119,353 | 8,637,577 | |
Old Republic International | 184,643 | 4,459,128 | |
OneMain Holdings | 75,183 | 2,504,346 | |
Synchrony Financial | 157,684 | 5,181,496 | |
Truist Financial | 138,323 | 5,952,039 | |
Unum Group | 77,851 | 3,194,227 | |
52,975,889 | |||
Healthcare — 24.38% | |||
AmerisourceBergen | 10,337 | 1,712,944 | |
Bristol-Myers Squibb | 150,704 | 10,843,153 | |
Cardinal Health | 10,276 | 789,916 |
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Healthcare (continued) | |||
Cigna | 29,593 | $ 9,805,344 | |
CVS Health | 63,921 | 5,956,798 | |
Gilead Sciences | 122,387 | 10,506,924 | |
Johnson & Johnson | 53,681 | 9,482,749 | |
McKesson | 2,881 | 1,080,721 | |
Merck & Co. | 110,072 | 12,212,488 | |
Pfizer | 32,329 | 1,656,538 | |
Viatris | 255,160 | 2,839,931 | |
66,887,506 | |||
Industrials — 6.06% | |||
Emerson Electric | 33,954 | 3,261,621 | |
Honeywell International | 25,685 | 5,504,296 | |
Northrop Grumman | 2,515 | 1,372,209 | |
Raytheon Technologies | 64,242 | 6,483,303 | |
16,621,429 | |||
Information Technology — 12.68% | |||
Broadcom | 14,741 | 8,242,135 | |
Cisco Systems | 207,565 | 9,888,397 | |
Cognizant Technology Solutions Class A | 68,730 | 3,930,669 | |
HP | 124,401 | 3,342,655 | |
KLA | 1,877 | 707,685 | |
Mastercard Class A | 2,720 | 945,826 | |
Microchip Technology | 18,282 | 1,284,310 | |
Motorola Solutions | 22,524 | 5,804,660 | |
Western Union | 46,563 | 641,173 | |
34,787,510 | |||
Total Common Stocks (cost $235,378,059) | 272,400,882 | ||
Short-Term Investments — 0.72% | |||
Money Market Mutual Funds — 0.72% | |||
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 4.03%) | 495,794 | 495,794 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 4.06%) | 495,795 | 495,795 | |
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 4.23%) | 495,795 | 495,795 |
NQ-Q6V [12/22] 2/23 (2740521) 1
Schedule of investments
Delaware Equity Income Fund (Unaudited)
Number of shares | Value (US $) | ||
Short-Term Investments (continued) | |||
Money Market Mutual Funds (continued) | |||
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 4.11%) | 495,795 | $ 495,795 | |
Total Short-Term Investments (cost $1,983,179) | 1,983,179 | ||
Total Value of Securities—100.00% (cost $237,361,238) | 274,384,061 | ||
Liabilities Net of Receivables and Other Assets—(0.00%) | (7,526) | ||
Net Assets Applicable to 40,678,136 Shares Outstanding—100.00% | $274,376,535 |
† | Non-income producing security. |
2 NQ-Q6V [12/22] 2/23 (2740521)