Schedule of investments
Delaware Small Cap Core Fund | August 31, 2021 (Unaudited) |
Number of shares | Value (US $) | ||
Common Stocks — 99.13% | |||
Basic Materials — 7.16% | |||
Balchem | 235,899 | $ 33,124,938 | |
Boise Cascade | 1,433,553 | 82,931,041 | |
Coeur Mining † | 1,405,299 | 9,907,358 | |
Ferro † | 751,845 | 15,638,376 | |
Kaiser Aluminum | 586,120 | 74,003,511 | |
Minerals Technologies | 1,195,103 | 93,982,900 | |
Neenah | 898,212 | 45,260,903 | |
Quaker Chemical | 236,051 | 61,165,535 | |
Summit Materials Class A † | 1,549,741 | 52,179,779 | |
Worthington Industries | 1,169,737 | 67,786,259 | |
535,980,600 | |||
Business Services — 4.27% | |||
ABM Industries | 1,141,056 | 56,505,093 | |
ASGN † | 775,442 | 86,996,838 | |
BrightView Holdings † | 2,312,593 | 35,452,051 | |
Casella Waste Systems Class A † | 460,084 | 34,041,615 | |
US Ecology † | 925,872 | 33,192,511 | |
WillScot Mobile Mini Holdings † | 2,488,209 | 73,650,986 | |
319,839,094 | |||
Capital Goods — 10.81% | |||
Ameresco Class A † | 956,782 | 66,161,475 | |
Applied Industrial Technologies | 663,509 | 58,926,234 | |
Barnes Group | 510,970 | 24,357,940 | |
Columbus McKinnon | 1,109,404 | 51,088,054 | |
ESCO Technologies | 295,468 | 26,627,576 | |
Federal Signal | 1,550,179 | 62,983,773 | |
Kadant | 330,249 | 69,061,671 | |
KBR | 1,398,299 | 54,449,763 | |
MasTec † | 353,553 | 32,328,886 | |
MYR Group † | 969,457 | 100,833,223 | |
Rexnord | 1,321,256 | 80,279,515 | |
Tetra Tech | 540,858 | 77,797,015 | |
WESCO International † | 891,947 | 104,375,638 | |
809,270,763 | |||
Communications Services — 0.29% | |||
ATN International | 471,747 | 21,506,946 | |
21,506,946 | |||
Consumer Discretionary — 6.32% | |||
American Eagle Outfitters | 3,340,453 | 101,950,626 |
NQ-480 [8/21] 10/21 (1868515) 1
Schedule of investments
Delaware Small Cap Core Fund (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Consumer Discretionary (continued) | |||
BJ's Wholesale Club Holdings † | 1,529,119 | $ 86,639,882 | |
Children's Place † | 319,201 | 27,719,415 | |
Dick's Sporting Goods | 157,868 | 22,229,393 | |
Hibbett | 466,894 | 44,677,087 | |
Malibu Boats Class A † | 915,106 | 65,521,590 | |
Sonic Automotive Class A | 381,224 | 19,267,061 | |
Steven Madden | 1,868,058 | 75,600,307 | |
YETI Holdings † | 298,571 | 29,660,043 | |
473,265,404 | |||
Consumer Services — 4.23% | |||
Allegiant Travel † | 305,996 | 58,885,870 | |
Brinker International † | 1,119,142 | 59,616,694 | |
Chuy's Holdings † | 711,806 | 22,962,862 | |
Jack in the Box | 569,543 | 60,348,776 | |
Texas Roadhouse | 838,703 | 79,676,785 | |
Wendy's | 1,540,027 | 35,451,422 | |
316,942,409 | |||
Consumer Staples — 2.65% | |||
Helen of Troy † | 215,162 | 51,464,599 | |
J & J Snack Foods | 410,699 | 67,256,068 | |
Prestige Consumer Healthcare † | 1,391,825 | 79,876,837 | |
198,597,504 | |||
Credit Cyclicals — 2.64% | |||
Dana | 2,033,472 | 47,298,559 | |
KB Home | 1,427,120 | 61,408,974 | |
La-Z-Boy | 808,632 | 28,310,206 | |
Taylor Morrison Home † | 2,151,859 | 60,445,719 | |
197,463,458 | |||
Energy — 1.75% | |||
Earthstone Energy Class A † | 899,583 | 7,439,551 | |
Patterson-UTI Energy | 3,756,401 | 29,149,672 | |
PDC Energy | 2,263,706 | 94,509,726 | |
131,098,949 | |||
Financials — 15.15% | |||
American Equity Investment Life Holding | 1,067,773 | 33,837,726 | |
Bryn Mawr Bank | 518,578 | 21,157,982 | |
City Holding | 450,769 | 35,114,905 | |
Enterprise Financial Services | 571,452 | 25,663,909 | |
Essent Group | 1,252,194 | 58,953,294 |
2 NQ-480 [8/21] 10/21 (1868515)
(Unaudited)
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Financials (continued) | |||
First Bancorp | 919,135 | $ 38,383,078 | |
First Financial Bancorp | 1,812,094 | 42,602,330 | |
First Foundation | 877,571 | 21,088,031 | |
First Interstate BancSystem Class A | 1,016,501 | 44,787,034 | |
Great Western Bancorp | 1,095,807 | 33,926,185 | |
Hamilton Lane Class A | 516,277 | 44,435,961 | |
Independent Bank | 598,164 | 45,879,179 | |
Independent Bank Group | 677,630 | 47,725,481 | |
Kemper | 254,659 | 17,469,607 | |
Lakeland Financial | 143,210 | 9,510,576 | |
NMI Holdings Class A † | 1,818,988 | 41,054,559 | |
Old National Bancorp | 3,468,541 | 57,785,893 | |
Pacific Premier Bancorp | 1,484,865 | 59,335,205 | |
RLI | 281,886 | 30,790,408 | |
Selective Insurance Group | 722,802 | 60,404,563 | |
South State | 744,602 | 51,064,805 | |
Stifel Financial | 973,694 | 67,282,256 | |
Umpqua Holdings | 2,339,309 | 45,546,346 | |
United Community Banks | 1,702,715 | 51,370,912 | |
Valley National Bancorp | 3,879,336 | 50,586,542 | |
WesBanco | 1,287,949 | 43,790,266 | |
WSFS Financial | 1,203,796 | 54,664,376 | |
1,134,211,409 | |||
Healthcare — 19.01% | |||
Agios Pharmaceuticals † | 862,702 | 38,545,525 | |
Amicus Therapeutics † | 4,709,622 | 53,642,594 | |
Apellis Pharmaceuticals † | 619,533 | 40,796,248 | |
AtriCure † | 790,693 | 58,210,819 | |
Biohaven Pharmaceutical Holding † | 384,454 | 50,455,743 | |
Blueprint Medicines † | 823,707 | 76,827,152 | |
CONMED | 582,558 | 76,513,168 | |
CryoLife † | 1,754,956 | 46,050,045 | |
Halozyme Therapeutics † | 1,674,097 | 70,295,333 | |
Insmed † | 1,912,172 | 53,617,303 | |
Inspire Medical Systems † | 227,866 | 50,941,723 | |
Intercept Pharmaceuticals † | 457,304 | 6,818,403 | |
Ligand Pharmaceuticals † | 465,801 | 61,625,472 | |
Merit Medical Systems † | 1,150,458 | 82,568,371 | |
Natera † | 372,742 | 44,143,835 | |
NeoGenomics † | 947,509 | 46,067,888 | |
NuVasive † | 952,436 | 59,184,373 |
NQ-480 [8/21] 10/21 (1868515) 3
Schedule of investments
Delaware Small Cap Core Fund (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Healthcare (continued) | |||
Omnicell † | 452,134 | $ 70,202,846 | |
PTC Therapeutics † | 944,858 | 41,243,052 | |
Shockwave Medical † | 466,753 | 99,983,160 | |
Supernus Pharmaceuticals † | 1,621,348 | 44,635,710 | |
Tabula Rasa HealthCare † | 1,076,649 | 33,709,880 | |
TransMedics Group † | 1,305,638 | 42,668,250 | |
Travere Therapeutics † | 3,179,741 | 69,413,746 | |
Ultragenyx Pharmaceutical † | 636,661 | 61,304,088 | |
Vanda Pharmaceuticals † | 2,598,329 | 43,496,027 | |
1,422,960,754 | |||
Information Technology — 14.42% | |||
Bandwidth Class A † | 135,715 | 13,965,073 | |
Blackline † | 228,358 | 24,913,858 | |
Box Class A † | 749,179 | 19,313,835 | |
Brooks Automation | 578,038 | 49,110,108 | |
ExlService Holdings † | 793,592 | 97,722,919 | |
Ichor Holdings † | 372,267 | 16,495,151 | |
II-VI † | 889,607 | 56,027,449 | |
J2 Global † | 646,220 | 88,984,494 | |
MACOM Technology Solutions Holdings † | 301,212 | 18,286,580 | |
MaxLinear † | 1,505,658 | 78,640,517 | |
Mimecast † | 674,306 | 47,073,302 | |
NETGEAR † | 755,953 | 27,010,201 | |
Plantronics † | 180,466 | 5,374,277 | |
Q2 Holdings † | 655,773 | 57,767,043 | |
Rapid7 † | 987,637 | 120,017,648 | |
Semtech † | 812,017 | 56,776,229 | |
Silicon Laboratories † | 385,819 | 60,812,791 | |
Sprout Social Class A † | 349,073 | 42,447,277 | |
Upwork † | 470,032 | 21,015,131 | |
Varonis Systems † | 919,291 | 63,440,272 | |
WNS Holdings ADR † | 829,320 | 68,783,801 | |
Yelp † | 1,173,314 | 45,184,322 | |
1,079,162,278 | |||
Media — 0.69% | |||
Cinemark Holdings † | 1,196,946 | 21,341,547 | |
Nexstar Media Group Class A | 203,186 | 30,427,104 | |
51,768,651 | |||
Real Estate Investment Trusts — 5.72% | |||
American Assets Trust | 1,131,321 | 45,049,202 |
4 NQ-480 [8/21] 10/21 (1868515)
(Unaudited)
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Real Estate Investment Trusts (continued) | |||
Armada Hoffler Properties | 2,400,996 | $ 32,245,376 | |
DiamondRock Hospitality † | 3,278,007 | 29,633,183 | |
EastGroup Properties | 344,362 | 62,074,694 | |
Kite Realty Group Trust | 2,178,543 | 44,137,281 | |
Lexington Realty Trust | 3,076,437 | 41,624,193 | |
National Storage Affiliates Trust | 859,053 | 49,180,784 | |
Pebblebrook Hotel Trust | 1,579,916 | 34,805,550 | |
Physicians Realty Trust | 2,994,372 | 55,425,826 | |
RPT Realty | 2,635,458 | 34,102,827 | |
428,278,916 | |||
Transportation — 1.45% | |||
Hub Group Class A † | 909,693 | 63,860,449 | |
Werner Enterprises | 948,222 | 44,718,149 | |
108,578,598 | |||
Utilities — 2.57% | |||
Black Hills | 585,506 | 41,178,637 | |
NorthWestern | 797,929 | 50,748,284 | |
South Jersey Industries | 1,977,091 | 49,051,628 | |
Spire | 771,645 | 51,468,722 | |
192,447,271 | |||
Total Common Stocks (cost $5,223,734,737) | 7,421,373,004 | ||
Short-Term Investments — 1.25% | |||
Money Market Mutual Funds — 1.25% | |||
BlackRock FedFund – Institutional Shares (seven-day effective yield 0.03%) | 23,431,548 | 23,431,548 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 0.01%) | 23,431,548 | 23,431,548 | |
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 0.03%) | 23,431,548 | 23,431,548 | |
Morgan Stanley Government Portfolio – Institutional Share Class (seven-day effective yield 0.03%) | 23,431,547 | 23,431,547 | |
Total Short-Term Investments (cost $93,726,191) | 93,726,191 | ||
Total Value of Securities—100.38% (cost $5,317,460,928) | 7,515,099,195 | ||
Liabilities Net of Receivables and Other Assets—(0.38%) | (28,462,691) | ||
Net Assets Applicable to 231,730,409 Shares Outstanding—100.00% | $7,486,636,504 |
† | Non-income producing security. |
NQ-480 [8/21] 10/21 (1868515) 5
Schedule of investments
Delaware Small Cap Core Fund (Unaudited)
Summary of abbreviations: |
ADR – American Depositary Receipt |
GS – Goldman Sachs |
6 NQ-480 [8/21] 10/21 (1868515)