Schedule of investments
Delaware Small Cap Core Fund | February 28, 2022 (Unaudited) |
Number of shares | Value (US $) | ||
Common Stock — 98.00% | |||
Basic Materials — 6.72% | |||
Balchem | 156,631 | $ 21,668,333 | |
Boise Cascade | 1,483,842 | 118,618,329 | |
Coeur Mining † | 862,826 | 3,710,152 | |
Ferro † | 659,555 | 14,332,130 | |
Kaiser Aluminum | 614,258 | 59,275,897 | |
Minerals Technologies | 1,252,453 | 87,659,185 | |
Neenah | 912,362 | 35,536,500 | |
Quaker Chemical | 216,613 | 40,205,539 | |
Summit Materials Class A † | 1,712,324 | 53,458,755 | |
Worthington Industries | 1,222,080 | 69,683,002 | |
504,147,822 | |||
Business Services — 4.48% | |||
ABM Industries | 1,192,115 | 53,442,516 | |
ASGN † | 810,141 | 89,755,521 | |
BrightView Holdings † | 2,423,541 | 32,742,039 | |
Casella Waste Systems Class A † | 643,878 | 48,548,401 | |
US Ecology † | 407,500 | 19,331,800 | |
WillScot Mobile Mini Holdings † | 2,599,551 | 92,362,047 | |
336,182,324 | |||
Capital Goods — 10.21% | |||
Ameresco Class A † | 816,506 | 52,460,510 | |
Applied Industrial Technologies | 679,645 | 68,712,109 | |
Barnes Group | 513,946 | 23,872,792 | |
Columbus McKinnon | 1,139,895 | 52,024,808 | |
ESCO Technologies | 297,187 | 20,675,300 | |
Federal Signal | 1,592,828 | 57,517,019 | |
Kadant | 300,203 | 59,245,062 | |
KBR | 1,432,302 | 71,099,471 | |
MYR Group † | 772,936 | 69,371,006 | |
Regal Rexnord | 299,700 | 48,056,895 | |
Tetra Tech | 554,010 | 87,960,168 | |
WESCO International † | 913,637 | 111,217,032 | |
Zurn Water Solutions | 1,353,387 | 44,012,145 | |
766,224,317 | |||
Communications Services — 0.22% | |||
ATN International | 492,847 | 16,426,590 | |
16,426,590 |
NQ-480 [2/22] 4/22 (2112933) 1
Schedule of investments
Delaware Small Cap Core Fund (Unaudited)
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
Consumer Discretionary — 5.20% | |||
American Eagle Outfitters | 3,618,520 | $ 76,278,402 | |
BJ's Wholesale Club Holdings † | 1,597,543 | 100,437,528 | |
Children's Place † | 328,979 | 20,712,518 | |
Hibbett | 395,012 | 17,807,141 | |
Malibu Boats Class A † | 1,006,451 | 70,119,441 | |
Sonic Automotive Class A | 398,284 | 21,391,834 | |
Steven Madden | 1,951,650 | 83,257,389 | |
390,004,253 | |||
Consumer Services — 3.97% | |||
Allegiant Travel † | 319,690 | 55,654,832 | |
Brinker International † | 1,139,050 | 48,455,187 | |
Chuy's Holdings † | 722,350 | 23,548,610 | |
Jack in the Box | 588,583 | 50,777,055 | |
Texas Roadhouse | 876,233 | 83,163,274 | |
Wendy's | 1,608,940 | 36,587,296 | |
298,186,254 | |||
Consumer Staples — 2.70% | |||
Helen of Troy † | 224,790 | 46,232,559 | |
J & J Snack Foods | 429,077 | 70,248,487 | |
Prestige Consumer Healthcare † | 1,454,106 | 86,562,930 | |
203,043,976 | |||
Credit Cyclicals — 2.60% | |||
Dana | 2,495,749 | 46,470,846 | |
KB Home | 1,490,981 | 57,566,777 | |
La-Z-Boy | 844,816 | 24,651,731 | |
Taylor Morrison Home † | 2,248,150 | 66,320,425 | |
195,009,779 | |||
Energy — 4.62% | |||
Chesapeake Energy | 736,638 | 56,905,286 | |
Earthstone Energy Class A † | 1,114,437 | 14,487,681 | |
Patterson-UTI Energy | 5,291,987 | 76,363,372 | |
PDC Energy | 2,303,183 | 148,601,367 | |
Southwestern Energy † | 10,026,172 | 50,030,598 | |
346,388,304 | |||
Financials — 17.13% | |||
American Equity Investment Life Holding | 1,115,554 | 42,045,230 | |
City Holding | 472,382 | 37,634,674 | |
Enterprise Financial Services | 689,894 | 34,108,359 | |
Essent Group | 1,308,227 | 57,797,469 |
2 NQ-480 [2/22] 4/22 (2112933)
(Unaudited)
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
Financials (continued) | |||
First Bancorp | 963,257 | $ 43,230,974 | |
First Financial Bancorp | 1,893,182 | 46,534,414 | |
First Foundation | 1,237,405 | 33,001,591 | |
First Interstate BancSystem Class A | 1,919,564 | 77,934,298 | |
Hamilton Lane Class A | 539,380 | 42,125,578 | |
Independent Bank | 587,226 | 50,507,308 | |
Independent Bank Group | 707,952 | 54,618,497 | |
Kemper | 596,709 | 31,888,129 | |
Lakeland Financial | 54,144 | 4,342,890 | |
NMI Holdings Class A † | 2,055,989 | 47,575,586 | |
Old National Bancorp | 4,027,785 | 73,627,910 | |
Pacific Premier Bancorp | 1,369,087 | 52,997,358 | |
RLI | 294,500 | 29,891,750 | |
Selective Insurance Group | 755,147 | 62,820,679 | |
SouthState | 777,920 | 70,012,800 | |
Stifel Financial | 985,745 | 72,452,258 | |
Umpqua Holdings | 2,443,990 | 52,179,187 | |
United Community Banks | 1,895,360 | 73,274,618 | |
Valley National Bancorp | 4,052,930 | 56,619,432 | |
WesBanco | 1,345,584 | ���49,167,639 | |
WSFS Financial | 1,745,268 | 88,711,972 | |
1,285,100,600 | |||
Healthcare — 16.12% | |||
Agios Pharmaceuticals † | 901,306 | 28,057,656 | |
Amicus Therapeutics † | 4,833,507 | 39,344,747 | |
Apellis Pharmaceuticals † | 1,065,124 | 45,299,724 | |
Artivion † | 1,833,454 | 35,844,026 | |
AtriCure † | 826,075 | 57,370,909 | |
Biohaven Pharmaceutical Holding † | 531,119 | 63,049,136 | |
Blueprint Medicines † | 860,565 | 52,107,211 | |
CONMED | 582,184 | 85,092,013 | |
Halozyme Therapeutics † | 1,749,009 | 62,037,349 | |
Insmed † | 1,893,965 | 45,265,764 | |
Inspire Medical Systems † | 238,063 | 58,101,656 | |
Intercept Pharmaceuticals † | 457,034 | 6,517,305 | |
Ligand Pharmaceuticals † | 467,284 | 47,298,486 | |
Merit Medical Systems † | 1,201,938 | 78,162,028 | |
NeoGenomics † | 1,079,003 | 23,101,454 | |
NuVasive † | 973,650 | 52,693,938 | |
Omnicell † | 449,860 | 58,157,901 | |
Pacific Biosciences of California † | 2,420,806 | 28,856,008 |
NQ-480 [2/22] 4/22 (2112933) 3
Schedule of investments
Delaware Small Cap Core Fund (Unaudited)
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
Healthcare (continued) | |||
PTC Therapeutics † | 987,139 | $ 34,668,322 | |
Shockwave Medical † | 416,010 | 73,729,452 | |
Supernus Pharmaceuticals † | 1,693,900 | 54,120,105 | |
Tabula Rasa HealthCare † | 1,104,515 | 6,295,736 | |
TransMedics Group † | 1,364,065 | 25,262,484 | |
Travere Therapeutics † | 2,910,690 | 79,345,409 | |
Ultragenyx Pharmaceutical † | 644,542 | 43,390,567 | |
Vanda Pharmaceuticals † | 2,305,273 | 26,187,901 | |
1,209,357,287 | |||
Information Technology — 12.91% | |||
Azenta | 510,824 | 44,707,317 | |
Bandwidth Class A † | 319,211 | 9,751,896 | |
Blackline † | 360,326 | 27,136,151 | |
Box Class A † | 1,149,609 | 29,441,487 | |
Consensus Cloud Solutions † | 416,856 | 23,202,205 | |
ExlService Holdings † | 829,103 | 100,147,351 | |
Ichor Holdings † | 500,376 | 17,628,246 | |
II-VI † | 929,415 | 64,557,166 | |
MACOM Technology Solutions Holdings † | 527,949 | 31,729,735 | |
MaxLinear † | 1,394,477 | 85,551,164 | |
NETGEAR † | 688,462 | 18,319,974 | |
Q2 Holdings † | 708,433 | 46,083,567 | |
Rapid7 † | 869,931 | 90,003,061 | |
Semtech † | 697,851 | 48,416,902 | |
Silicon Laboratories † | 328,995 | 50,569,821 | |
Sprout Social Class A † | 364,693 | 23,745,161 | |
Upwork † | 766,194 | 19,369,384 | |
Varonis Systems † | 1,302,771 | 56,800,816 | |
WNS Holdings ADR † | 869,133 | 71,816,460 | |
Yelp † | 1,225,818 | 41,542,972 | |
Ziff Davis † | 675,138 | 67,918,883 | |
968,439,719 | |||
Media — 0.88% | |||
Cinemark Holdings † | 168,206 | 2,950,333 | |
IMAX † | 1,215,590 | 25,138,401 | |
Nexstar Media Group Class A | 206,800 | 38,268,340 | |
66,357,074 | |||
Real Estate Investment Trusts — 6.11% | |||
American Assets Trust | 1,181,944 | 43,211,872 | |
Armada Hoffler Properties | 2,516,184 | 36,937,581 |
4 NQ-480 [2/22] 4/22 (2112933)
(Unaudited)
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
Real Estate Investment Trusts (continued) | |||
DiamondRock Hospitality † | 3,424,694 | $ 32,705,828 | |
EastGroup Properties | 359,770 | 68,629,725 | |
Kite Realty Group Trust | 2,276,027 | 49,913,272 | |
LXP Industrial Trust | 3,214,102 | 49,690,017 | |
National Storage Affiliates Trust | 897,495 | 52,297,034 | |
Pebblebrook Hotel Trust | 1,706,382 | 38,410,659 | |
Physicians Realty Trust | 3,128,365 | 50,867,215 | |
RPT Realty | 2,761,975 | 35,767,576 | |
458,430,779 | |||
Transportation — 1.64% | |||
Hub Group Class A † | 950,398 | 80,213,591 | |
Werner Enterprises | 990,653 | 43,053,780 | |
123,267,371 | |||
Utilities — 2.49% | |||
Black Hills | 611,706 | 42,813,303 | |
NorthWestern | 774,626 | 46,849,380 | |
South Jersey Industries | 1,279,976 | 43,429,586 | |
Spire | 806,175 | 54,102,404 | |
187,194,673 | |||
Total Common Stock (cost $5,612,642,403) | 7,353,761,122 | ||
Short-Term Investments — 1.90% | |||
Money Market Mutual Funds — 1.90% | |||
BlackRock FedFund – Institutional Shares (seven-day effective yield 0.03%) | 35,701,695 | 35,701,695 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 0.01%) | 35,701,694 | 35,701,694 | |
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 0.03%) | 35,701,694 | 35,701,694 |
NQ-480 [2/22] 4/22 (2112933) 5
Schedule of investments
Delaware Small Cap Core Fund (Unaudited)
Number of shares | Value (US $) | ||
Short-Term Investments (continued) | |||
Money Market Mutual Funds (continued) | |||
Morgan Stanley Government Portfolio – Institutional Share Class (seven-day effective yield 0.03%) | 35,701,695 | $ 35,701,695 | |
Total Short-Term Investments (cost $142,806,778) | 142,806,778 | ||
Total Value of Securities—99.90% (cost $5,755,449,181) | 7,496,567,900 | ||
Receivables and Other Assets Net of Liabilities—0.10% | 7,233,541 | ||
Net Assets Applicable to 257,061,911 Shares Outstanding—100.00% | $7,503,801,441 |
† | Non-income producing security. |
Summary of abbreviations: |
ADR – American Depositary Receipt |
GS – Goldman Sachs |
6 NQ-480 [2/22] 4/22 (2112933)