Schedule of investments
Delaware Ivy VIP High Income
September 30, 2023 (Unaudited)
Principal amount° | Value (US $) | ||
Convertible Bond — 0.87% | |||
New Cotai 5.00% exercise price $0.40, maturity date 2/2/27 = | 3,485,632 | $ 6,597,291 | |
Total Convertible Bond (cost $3,380,770) | 6,597,291 |
Corporate Bonds — 77.39% | |||
Automotive — 2.16% | |||
Allison Transmission 144A 3.75% 1/30/31 # | 6,885,000 | 5,572,760 | |
Ford Motor 4.75% 1/15/43 | 2,660,000 | 1,944,398 | |
Ford Motor Credit | |||
6.80% 5/12/28 | 4,130,000 | 4,128,630 | |
7.35% 3/6/30 | 1,420,000 | 1,439,572 | |
Goodyear Tire & Rubber 5.25% 7/15/31 | 4,060,000 | 3,363,446 | |
16,448,806 | |||
Basic Industry — 5.21% | |||
Arsenal AIC Parent 144A 8.00% 10/1/30 # | 2,340,000 | 2,331,272 | |
Chemours 144A 5.75% 11/15/28 # | 4,550,000 | 3,953,426 | |
CP Atlas Buyer 144A 7.00% 12/1/28 # | 1,146,000 | 900,248 | |
First Quantum Minerals | |||
144A 6.875% 10/15/27 # | 2,736,000 | 2,628,495 | |
144A 8.625% 6/1/31 # | 5,615,000 | 5,594,964 | |
FMG Resources August 2006 | |||
144A 5.875% 4/15/30 # | 3,340,000 | 3,058,179 | |
144A 6.125% 4/15/32 # | 1,505,000 | 1,370,748 | |
Novelis 144A 4.75% 1/30/30 # | 6,240,000 | 5,408,768 | |
Roller Bearing Co. of America 144A 4.375% 10/15/29 # | 6,335,000 | 5,457,046 | |
Standard Industries 144A 3.375% 1/15/31 # | 7,050,000 | 5,458,364 | |
Vibrantz Technologies 144A 9.00% 2/15/30 # | 4,410,000 | 3,515,969 | |
39,677,479 | |||
Capital Goods — 3.89% | |||
ARD Finance 144A PIK 6.50% 6/30/27 #, > | 1,751,144 | 1,323,936 | |
Ardagh Metal Packaging Finance USA | |||
144A 3.25% 9/1/28 # | 2,031,000 | 1,695,736 | |
144A 4.00% 9/1/29 # | 2,360,000 | 1,850,066 | |
Bombardier | |||
144A 6.00% 2/15/28 # | 4,499,000 | 4,086,064 | |
144A 7.50% 2/1/29 # | 2,633,000 | 2,502,025 | |
Clydesdale Acquisition Holdings | |||
144A 6.625% 4/15/29 # | 755,000 | 702,730 | |
144A 8.75% 4/15/30 # | 2,415,000 | 2,074,821 |
Principalamount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Capital Goods (continued) | |||
Mauser Packaging Solutions Holding | |||
144A 7.875% 8/15/26 # | 5,360,000 | $ 5,177,122 | |
144A 9.25% 4/15/27 # | 1,945,000 | 1,702,799 | |
Sealed Air 144A 5.00% 4/15/29 # | 2,175,000 | 1,958,152 | |
TransDigm 144A 6.875% 12/15/30 # | 6,450,000 | 6,332,089 | |
Wesco Aircraft Holdings 144A 8.50% 11/15/24 #, ‡ | 5,955,000 | 238,200 | |
29,643,740 | |||
Consumer Goods — 1.73% | |||
Acushnet 144A 7.375% 10/15/28 # | 1,540,000 | 1,553,475 | |
Cerdia Finanz 144A 10.50% 2/15/27 # | 3,160,000 | 3,115,236 | |
MajorDrive Holdings IV 144A 6.375% 6/1/29 # | 6,450,000 | 5,315,338 | |
Pilgrim's Pride 4.25% 4/15/31 | 3,775,000 | 3,153,559 | |
13,137,608 | |||
Electric — 2.46% | |||
Calpine | |||
144A 4.625% 2/1/29 # | 3,295,000 | 2,763,739 | |
144A 5.00% 2/1/31 # | 370,000 | 299,630 | |
144A 5.125% 3/15/28 # | 5,470,000 | 4,876,960 | |
Vistra | |||
144A 7.00% 12/15/26 #, μ, ψ | 8,025,000 | 7,330,958 | |
144A 8.00% 10/15/26 #, μ, ψ | 3,650,000 | 3,478,675 | |
18,749,962 | |||
Energy — 12.96% | |||
Ascent Resources Utica Holdings | |||
144A 5.875% 6/30/29 # | 4,874,000 | 4,388,473 | |
144A 7.00% 11/1/26 # | 1,898,000 | 1,855,790 | |
Bellatrix Exploration 12.50% 12/15/23 = | 1,113,000 | 0 | |
Callon Petroleum | |||
144A 7.50% 6/15/30 # | 2,445,000 | 2,373,733 | |
144A 8.00% 8/1/28 # | 5,090,000 | 5,101,799 | |
CNX Midstream Partners 144A 4.75% 4/15/30 # | 2,250,000 | 1,875,633 | |
CNX Resources 144A 6.00% 1/15/29 # | 6,420,000 | 6,005,035 | |
Crestwood Midstream Partners | |||
144A 5.625% 5/1/27 # | 706,000 | 677,285 | |
144A 6.00% 2/1/29 # | 415,000 | 401,010 | |
144A 7.375% 2/1/31 # | 3,455,000 | 3,522,735 | |
EQM Midstream Partners | |||
144A 4.75% 1/15/31 # | 10,319,000 | 8,893,883 | |
6.50% 7/15/48 | 1,170,000 | 1,030,164 |
NQ- IV093 [0923] 1123 (3218058) 1
Schedule of investments
Delaware Ivy VIP High Income (Unaudited)
Principalamount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Energy (continued) | |||
Genesis Energy | |||
7.75% 2/1/28 | 3,335,000 | $ 3,165,209 | |
8.00% 1/15/27 | 5,255,000 | 5,071,203 | |
Hilcorp Energy I | |||
144A 6.00% 4/15/30 # | 5,220,000 | 4,712,478 | |
144A 6.00% 2/1/31 # | 705,000 | 622,905 | |
144A 6.25% 4/15/32 # | 2,665,000 | 2,372,436 | |
Murphy Oil 6.375% 7/15/28 | 8,268,000 | 8,134,961 | |
NuStar Logistics | |||
6.00% 6/1/26 | 4,126,000 | 4,007,223 | |
6.375% 10/1/30 | 4,170,000 | 3,954,536 | |
Southwestern Energy | |||
5.375% 2/1/29 | 760,000 | 700,642 | |
5.375% 3/15/30 | 7,590,000 | 6,924,035 | |
Transocean 144A 8.00% 2/1/27 # | 3,965,000 | 3,820,654 | |
USA Compression Partners | |||
6.875% 4/1/26 | 2,710,000 | 2,657,421 | |
6.875% 9/1/27 | 5,090,000 | 4,939,732 | |
Vital Energy | |||
9.75% 10/15/30 | 2,905,000 | 2,972,390 | |
10.125% 1/15/28 | 2,876,000 | 2,934,630 | |
Weatherford International 144A 8.625% 4/30/30 # | 5,505,000 | 5,552,013 | |
98,668,008 | |||
Financial Services — 2.30% | |||
AerCap Holdings 5.875% 10/10/79 μ | 8,349,000 | 8,131,364 | |
Air Lease 4.65% 6/15/26 μ, ψ | 3,715,000 | 3,280,860 | |
Castlelake Aviation Finance DAC 144A 5.00% 4/15/27 # | 4,590,000 | 4,197,452 | |
Midcap Financial Issuer Trust 144A 6.50% 5/1/28 # | 2,190,000 | 1,893,098 | |
17,502,774 | |||
Healthcare — 5.86% | |||
AthenaHealth Group 144A 6.50% 2/15/30 # | 2,060,000 | 1,725,543 | |
Avantor Funding 144A 3.875% 11/1/29 # | 4,315,000 | 3,692,714 | |
Bausch Health 144A 6.125% 2/1/27 # | 3,140,000 | 1,957,937 | |
Catalent Pharma Solutions | |||
144A 3.125% 2/15/29 # | 1,885,000 | 1,547,792 | |
144A 3.50% 4/1/30 # | 415,000 | 342,224 | |
Cheplapharm Arzneimittel 144A 5.50% 1/15/28 # | 4,525,000 | 4,110,781 | |
CHS | |||
144A 4.75% 2/15/31 # | 3,000,000 | 2,127,300 | |
144A 5.25% 5/15/30 # | 1,600,000 | 1,218,378 |
Principalamount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Healthcare (continued) | |||
DaVita | |||
144A 3.75% 2/15/31 # | 2,425,000 | $ 1,845,557 | |
144A 4.625% 6/1/30 # | 1,475,000 | 1,212,983 | |
Heartland Dental 144A 8.50% 5/1/26 # | 509,000 | 480,343 | |
Medline Borrower | |||
144A 3.875% 4/1/29 # | 4,981,000 | 4,215,483 | |
144A 5.25% 10/1/29 # | 6,405,000 | 5,543,567 | |
Organon & Co. 144A 5.125% 4/30/31 # | 6,670,000 | 5,354,294 | |
Par Pharmaceutical 144A 7.50% 4/1/27 #, ‡ | 2,936,000 | 2,096,245 | |
Tenet Healthcare | |||
4.375% 1/15/30 | 4,955,000 | 4,268,233 | |
6.125% 10/1/28 | 3,025,000 | 2,842,532 | |
44,581,906 | |||
Insurance — 4.03% | |||
Ardonagh Midco 2 144A PIK 11.50% 1/15/27 #, > | 5,929,978 | 5,826,203 | |
HUB International 144A 5.625% 12/1/29 # | 4,780,000 | 4,168,196 | |
Jones Deslauriers Insurance Management | |||
144A 8.50% 3/15/30 # | 5,715,000 | 5,763,441 | |
144A 10.50% 12/15/30 # | 3,385,000 | 3,450,193 | |
NFP | |||
144A 6.875% 8/15/28 # | 6,907,000 | 5,925,641 | |
144A 7.50% 10/1/30 # | 1,865,000 | 1,793,500 | |
USI 144A 6.875% 5/1/25 # | 3,810,000 | 3,784,749 | |
30,711,923 | |||
Leisure — 6.08% | |||
Boyd Gaming | |||
4.75% 12/1/27 | 4,385,000 | 4,044,991 | |
144A 4.75% 6/15/31 # | 3,900,000 | 3,323,467 | |
Caesars Entertainment | |||
144A 7.00% 2/15/30 # | 1,370,000 | 1,334,547 | |
144A 8.125% 7/1/27 # | 3,263,000 | 3,281,035 | |
Carnival | |||
144A 5.75% 3/1/27 # | 5,063,000 | 4,587,530 | |
144A 6.00% 5/1/29 # | 5,766,000 | 4,925,045 | |
144A 7.625% 3/1/26 # | 3,448,000 | 3,356,521 | |
Light & Wonder International 144A 7.25% 11/15/29 # | 5,520,000 | 5,415,672 | |
Royal Caribbean Cruises | |||
144A 5.375% 7/15/27 # | 404,000 | 374,280 | |
144A 5.50% 4/1/28 # | 8,914,000 | 8,181,596 | |
144A 7.25% 1/15/30 # | 1,900,000 | 1,885,260 | |
2 NQ- IV093 [0923] 1123 (3218058)
(Unaudited)
Principalamount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Leisure (continued) | |||
Scientific Games Holdings 144A 6.625% 3/1/30 # | 6,455,000 | $ 5,575,894 | |
46,285,838 | |||
Media — 8.68% | |||
Advantage Sales & Marketing 144A 6.50% 11/15/28 # | 4,400,000 | 3,793,855 | |
AMC Networks 4.25% 2/15/29 | 4,609,000 | 2,834,537 | |
Arches Buyer 144A 6.125% 12/1/28 # | 3,964,000 | 3,222,474 | |
CCO Holdings | |||
144A 4.50% 8/15/30 # | 2,924,000 | 2,403,873 | |
144A 4.75% 2/1/32 # | 3,290,000 | 2,635,668 | |
144A 6.375% 9/1/29 # | 6,850,000 | 6,394,272 | |
CMG Media 144A 8.875% 12/15/27 # | 7,046,000 | 5,525,720 | |
CSC Holdings | |||
144A 4.625% 12/1/30 # | 10,114,000 | 5,390,036 | |
144A 5.00% 11/15/31 # | 2,381,000 | 1,279,100 | |
144A 5.75% 1/15/30 # | 3,167,000 | 1,779,112 | |
Cumulus Media New Holdings 144A 6.75% 7/1/26 # | 4,075,000 | 3,092,721 | |
Directv Financing 144A 5.875% 8/15/27 # | 6,662,000 | 5,898,867 | |
DISH DBS 144A 5.75% 12/1/28 # | 7,165,000 | 5,521,528 | |
Gray Escrow II 144A 5.375% 11/15/31 # | 5,459,000 | 3,579,615 | |
Gray Television 144A 4.75% 10/15/30 # | 5,150,000 | 3,418,189 | |
Nexstar Media 144A 4.75% 11/1/28 # | 4,400,000 | 3,647,223 | |
Sirius XM Radio 144A 4.125% 7/1/30 # | 7,045,000 | 5,648,470 | |
66,065,260 | |||
Retail — 4.03% | |||
Asbury Automotive Group 4.75% 3/1/30 | 4,450,930 | 3,812,277 | |
Bath & Body Works 6.875% 11/1/35 | 6,070,000 | 5,427,996 | |
Lithia Motors | |||
144A 3.875% 6/1/29 # | 1,666,000 | 1,405,937 | |
144A 4.375% 1/15/31 # | 1,271,000 | 1,052,766 | |
LSF9 Atlantis Holdings 144A 7.75% 2/15/26 # | 6,302,000 | 5,731,682 | |
Michaels | |||
144A 5.25% 5/1/28 # | 2,801,000 | 2,240,198 | |
144A 7.875% 5/1/29 # | 2,518,000 | 1,647,356 | |
Murphy Oil USA | |||
144A 3.75% 2/15/31 # | 4,480,000 | 3,662,239 | |
4.75% 9/15/29 | 985,000 | 889,258 | |
Principalamount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Retail (continued) | |||
PetSmart 144A 7.75% 2/15/29 # | 5,149,000 | $ 4,803,932 | |
30,673,641 | |||
Services — 4.17% | |||
ADT Security 144A 4.875% 7/15/32 # | 8,935,000 | 7,472,340 | |
CDW 3.569% 12/1/31 | 6,715,000 | 5,537,860 | |
Staples | |||
144A 7.50% 4/15/26 # | 8,116,000 | 6,686,880 | |
144A 10.75% 4/15/27 # | 2,375,000 | 1,397,747 | |
United Rentals North America 3.875% 2/15/31 | 4,440,000 | 3,699,052 | |
White Cap Buyer 144A 6.875% 10/15/28 # | 4,435,000 | 3,925,133 | |
White Cap Parent 144A PIK 8.25% 3/15/26 #, > | 3,126,000 | 3,019,976 | |
31,738,988 | |||
Technology & Electronics — 4.37% | |||
Clarios Global 144A 8.50% 5/15/27 # | 3,765,000 | 3,761,259 | |
CommScope 144A 8.25% 3/1/27 # | 2,310,000 | 1,512,842 | |
CommScope Technologies 144A 6.00% 6/15/25 # | 4,007,000 | 3,819,705 | |
Entegris Escrow | |||
144A 4.75% 4/15/29 # | 2,121,000 | 1,908,716 | |
144A 5.95% 6/15/30 # | 5,825,000 | 5,408,204 | |
Micron Technology 5.875% 9/15/33 | 3,740,000 | 3,565,200 | |
NCR | |||
144A 5.00% 10/1/28 # | 2,287,000 | 2,049,214 | |
144A 5.125% 4/15/29 # | 2,797,000 | 2,467,216 | |
144A 5.25% 10/1/30 # | 1,887,000 | 1,628,053 | |
Seagate HDD Cayman | |||
5.75% 12/1/34 | 2,155,000 | 1,822,346 | |
144A 8.25% 12/15/29 # | 1,965,000 | 2,019,908 | |
Sensata Technologies 144A 4.00% 4/15/29 # | 3,805,000 | 3,280,073 | |
33,242,736 | |||
Telecommunications — 6.54% | |||
Altice France | |||
144A 5.125% 7/15/29 # | 2,375,000 | 1,691,964 | |
144A 5.50% 10/15/29 # | 1,292,000 | 930,996 | |
Altice France Holding 144A 6.00% 2/15/28 # | 8,315,000 | 4,123,748 | |
Connect Finco 144A 6.75% 10/1/26 # | 8,039,000 | 7,508,006 | |
Consolidated Communications | |||
144A 5.00% 10/1/28 # | 2,639,000 | 1,963,073 | |
144A 6.50% 10/1/28 # | 7,638,000 | 5,986,282 | |
Digicel International Finance 144A 8.75% 5/25/24 # | 4,031,000 | 3,635,015 |
NQ- IV093 [0923] 1123 (3218058) 3
Schedule of investments
Delaware Ivy VIP High Income (Unaudited)
Principalamount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Telecommunications (continued) | |||
Frontier Communications Holdings | |||
144A 5.00% 5/1/28 # | 745,000 | $ 637,025 | |
144A 5.875% 10/15/27 # | 3,836,000 | 3,492,364 | |
5.875% 11/1/29 | 1,011,498 | 739,862 | |
144A 6.00% 1/15/30 # | 805,000 | 589,882 | |
144A 6.75% 5/1/29 # | 3,287,000 | 2,533,249 | |
144A 8.75% 5/15/30 # | 1,080,000 | 1,026,567 | |
Northwest Fiber 144A 4.75% 4/30/27 # | 6,187,000 | 5,512,772 | |
Sable International Finance 144A 5.75% 9/7/27 # | 4,009,000 | 3,642,277 | |
Vmed O2 UK Financing I 144A 4.75% 7/15/31 # | 4,395,000 | 3,555,855 | |
VZ Secured Financing 144A 5.00% 1/15/32 # | 2,805,000 | 2,206,467 | |
49,775,404 | |||
Transportation — 2.92% | |||
Air Canada 144A 3.875% 8/15/26 # | 8,105,000 | 7,363,620 | |
American Airlines 144A 5.75% 4/20/29 # | 3,916,832 | 3,646,082 | |
Azul Secured Finance | |||
144A 11.50% 5/28/29 # | 1,198,618 | 1,037,070 | |
144A 11.93% 8/28/28 # | 4,390,000 | 4,353,292 | |
Grupo Aeromexico 144A 8.50% 3/17/27 # | 6,240,000 | 5,848,346 | |
22,248,410 | |||
Total Corporate Bonds (cost $646,468,854) | 589,152,483 | ||
Loan Agreements — 11.92% | |||
Advantage Sales & Marketing Tranche B-1 9.943% - 10.038% (SOFR01M + 4.61%) 10/28/27 • | 4,445,386 | 4,293,131 | |
Amynta Agency Borrower 10.416% (SOFR01M + 5.10%) 2/28/28 • | 7,301,700 | 7,311,966 | |
Applied Systems 2nd Lien 12.14% (SOFR03M + 6.75%) 9/17/27 • | 4,121,112 | 4,152,021 | |
Bausch & Lomb TBD 5/10/27 X | 3,906,604 | 3,799,871 | |
Clarios Global 9.066% (SOFR01M + 3.75%) 5/6/30 • | 3,770,000 | 3,770,471 | |
CNT Holdings I 2nd Lien 12.05% (SOFR03M + 6.75%) 11/6/28 • | 2,060,000 | 2,065,150 | |
CP Atlas Buyer Tranche B 9.166% (SOFR01M + 3.85%) 11/23/27 • | 4,342,056 | 4,105,414 | |
Foresight Energy Operating Tranche A 13.49% (SOFR03M + 8.10%) 6/30/27 • | 1,252,143 | 1,220,839 |
Principalamount° | Value (US $) | ||
Loan Agreements (continued) | |||
Form Technologies Tranche B 10.017% (SOFR03M + 4.60%) 7/22/25 • | 10,537,964 | $ 9,852,997 | |
Guardian US Holdco 9.39% (SOFR03M + 4.00%) 1/31/30 • | 3,033,397 | 3,039,558 | |
Heartland Dental 10.331% (SOFR01M + 5.00%) 4/28/28 • | 3,056,960 | 3,028,301 | |
Hexion Holdings 1st Lien 10.033% (SOFR03M + 4.65%) 3/15/29 • | 893,688 | 851,377 | |
Hexion Holdings 2nd Lien 12.756% (SOFR01M + 7.44%) 3/15/30 • | 3,665,000 | 3,023,625 | |
HUB International 9.584% (SOFR03M + 4.25%) 6/20/30 • | 1,621,000 | 1,627,912 | |
Hunter Douglas Holding Tranche B-1 8.891% (SOFR03M + 3.50%) 2/26/29 • | 2,053,086 | 2,004,325 | |
INDICOR 9.89% (SOFR03M + 4.50%) 11/22/29 • | 6,795,850 | 6,818,304 | |
MLN US HoldCo 1st Lien 12.11% (SOFR03M + 6.80%) 10/18/27 • | 8,256,075 | 2,373,622 | |
MLN US HoldCo Tranche B 14.66% (SOFR03M + 9.35%) 10/18/27 • | 2,336,000 | 467,200 | |
Northwest Fiber 1st Lien Tranche B-2 9.184% (SOFR01M + 3.86%) 4/30/27 • | 1,922,433 | 1,902,007 | |
PetSmart 9.166% (SOFR01M + 3.85%) 2/11/28 • | 1,131,442 | 1,129,910 | |
PMHC II 9.698% (SOFR03M + 4.40%) 4/23/29 • | 860,653 | 816,664 | |
Pre Paid Legal Services 2nd Lien 12.431% (SOFR01M + 7.11%) 12/14/29 • | 990,000 | 908,325 | |
SPX Flow 9.92% (SOFR01M + 4.60%) 4/5/29 • | 4,082,570 | 4,080,974 | |
Swf Holdings I 9.431% (SOFR01M + 4.11%) 10/6/28 • | 4,198,022 | 3,578,814 | |
UKG 2nd Lien 10.618% (SOFR03M + 5.35%) 5/3/27 • | 7,900,000 | 7,902,820 | |
Vantage Specialty Chemicals 1st Lien 10.081% (SOFR01M + 4.75%) 10/26/26 • | 6,717,848 | 6,593,985 | |
Total Loan Agreements (cost $98,798,753) | 90,719,583 |
Number of shares | |||
Common Stocks — 1.68% | |||
Basic Industry — 0.74% | |||
BIS Industries Holdings =, † | 1,604,602 | 0 | |
Foresight Energy =, † | 185,515 | 5,598,859 |
4 NQ- IV093 [0923] 1123 (3218058)
(Unaudited)
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
Basic Industry (continued) | |||
Westmoreland Coal *, =, † | 573 | $ 8,590 | |
5,607,449 | |||
Consumer Cyclical — 0.07% | |||
True Religion Apparel =, † | 23 | 532,655 | |
532,655 | |||
Consumer Discretionary — 0.57% | |||
Studio City International Holdings † | 581,459 | 2,924,739 | |
Studio City International Holdings ADR † | 283,629 | 1,426,654 | |
4,351,393 | |||
Consumer Goods — 0.00% | |||
ASG Warrant =, † | 1,200 | 0 | |
0 | |||
Energy — 0.00% | |||
Sabine Oil & Gas Holdings *, =, † | 263 | 326 | |
326 | |||
Financial Services — 0.30% | |||
New Cotai =, † | 3,072,567 | 2,326,191 | |
2,326,191 | |||
Utilities — 0.00% | |||
Larchmont Resources =, † | 1,007 | 11,752 | |
11,752 | |||
Total Common Stocks (cost $40,501,673) | 12,829,766 | ||
Preferred Stock — 0.02% | |||
True Religion Apparel 6.25% =, ω | 24 | 119,120 | |
Total Preferred Stock (cost $392,060) | 119,120 | ||
Exchange-Traded Funds — 3.98% | |||
Invesco Senior Loan ETF | 424,157 | 8,903,055 | |
iShares iBoxx High Yield Corporate Bond ETF | 290,000 | 21,378,800 | |
Total Exchange-Traded Funds (cost $33,375,159) | 30,281,855 | ||
Warrants — 0.02% | |||
California Resources † | 7,744 | 165,025 | |
Total Warrants (cost $673,784) | 165,025 | ||
Number of shares | Value (US $) | ||
Short-Term Investments — 2.80% | |||
Money Market Mutual Funds — 2.80% | |||
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 5.24%) | 5,334,706 | $ 5,334,706 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 5.23%) | 5,334,706 | 5,334,706 | |
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 5.37%) | 5,334,705 | 5,334,705 | |
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 5.27%) | 5,334,706 | 5,334,706 | |
Total Short-Term Investments (cost $21,338,823) | 21,338,823 | ||
Total Value of Securities—98.68% (cost $844,929,876) | 751,203,946 | ||
Receivables and Other Assets Net of Liabilities—1.32% | 10,045,557 | ||
Net Assets Applicable to 275,063,111 Shares Outstanding—100.00% | $761,249,503 |
° | Principal amount shown is stated in USD unless noted that the security is denominated in another currency. |
= | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security. |
# | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At September 30, 2023, the aggregate value of Rule 144A securities was $477,734,364, which represents 62.76% of the Portfolio's net assets. |
> | PIK. 100% of the income received was in the form of cash. |
‡ | Non-income producing security. Security is currently in default. |
μ | Fixed to variable rate investment. The rate shown reflects the fixed rate in effect at September 30, 2023. Rate will reset at a future date. |
ψ | Perpetual security. Maturity date represents next call date. |
NQ- IV093 [0923] 1123 (3218058) 5
Schedule of investments
Delaware Ivy VIP High Income (Unaudited)
• | Variable rate investment. Rates reset periodically. Rate shown reflects the rate in effect at September 30, 2023. For securities based on a published reference rate and spread, the reference rate and spread are indicated in their descriptions. The reference rate descriptions (i.e. SOFR01M, SOFR03M, etc.) used in this report are identical for different securities, but the underlying reference rates may differ due to the timing of the reset period. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions, or for mortgage-backed securities, are impacted by the individual mortgages which are paying off over time. These securities do not indicate a reference rate and spread in their descriptions. |
X | This loan will settle after September 30, 2023, at which time the interest rate, based on the SOFR and the agreed upon spread on trade date, will be reflected. |
† | Non-income producing security. |
* | Issuer is not an affiliated investment of the Fund at September 30, 2023. |
ω | Perpetual security with no stated maturity date. |
Summary of abbreviations: |
ADR – American Depositary Receipt |
DAC – Designated Activity Company |
ETF – Exchange-Traded Fund |
PIK – Payment-in-kind |
SOFR – Secured Overnight Financing Rate |
SOFR01M – Secured Overnight Financing Rate 1 Month |
SOFR03M – Secured Overnight Financing Rate 3 Month |
TBD – To be determined |
USD – US Dollar |
6 NQ- IV093 [0923] 1123 (3218058)