Schedule of investments
Delaware VIP® Trust — Delaware VIP REIT Series
March 31, 2021 (Unaudited)
Number of shares | Value (US $) | ||
Common Stock — 99.64% | |||
Real Estate — 2.65% | |||
Equity Residential | 153,111 | $10,967,341 | |
10,967,341 | |||
REIT Diversified — 2.71% | |||
Alpine Income Property Trust | 20,172 | 350,186 | |
Colony Capital † | 585,432 | 3,793,599 | |
Lexington Realty Trust | 476,142 | 5,289,938 | |
Vornado Realty Trust | 38,557 | 1,750,102 | |
11,183,825 | |||
REIT Healthcare — 11.75% | |||
CareTrust REIT | 118,057 | 2,748,957 | |
Healthcare Trust of America Class A | 225,703 | 6,224,889 | |
Healthpeak Properties | 181,280 | 5,753,827 | |
Medical Properties Trust | 392,756 | 8,357,848 | |
National Health Investors | 37,174 | 2,686,937 | |
Omega Healthcare Investors | 43,265 | 1,584,797 | |
Sabra Health Care REIT | 23,322 | 404,870 | |
Ventas | 163,052 | 8,697,193 | |
Welltower | 169,010 | 12,106,186 | |
48,565,504 | |||
REIT Hotel — 6.43% | |||
Apple Hospitality REIT | 79,739 | 1,161,797 | |
Chatham Lodging Trust † | 218,034 | 2,869,328 | |
Gaming and Leisure Properties | 88,296 | 3,746,399 | |
Host Hotels & Resorts † | 297,696 | 5,016,178 | |
Park Hotels & Resorts | 51,618 | 1,113,917 | |
Pebblebrook Hotel Trust | 55,498 | 1,348,046 | |
RLJ Lodging Trust | 39,086 | 605,051 | |
Ryman Hospitality Properties † | 21,516 | 1,667,705 | |
Sunstone Hotel Investors | 45,389 | 565,547 | |
VICI Properties | 299,368 | 8,454,152 | |
26,548,120 | |||
REIT Industrial — 12.50% | |||
Americold Realty Trust | 113,308 | 4,358,959 | |
Duke Realty | 204,598 | 8,578,794 | |
Prologis | 339,424 | 35,978,944 | |
Terreno Realty | 47,280 | 2,731,365 | |
51,648,062 | |||
REIT Information Technology — 11.57% | |||
CyrusOne | 49,911 | 3,379,973 | |
Digital Realty Trust | 100,791 | 14,195,404 |
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
REIT Information Technology (continued) | |||
Equinix | 39,482 | $26,831,572 | |
QTS Realty Trust Class A | 54,741 | 3,396,132 | |
47,803,081 | |||
REIT Mall — 3.14% | |||
Simon Property Group | 114,002 | 12,970,008 | |
12,970,008 | |||
REIT Manufactured Housing — 3.53% | |||
Equity LifeStyle Properties | 100,795 | 6,414,594 | |
Sun Communities | 54,486 | 8,175,079 | |
14,589,673 | |||
REIT Multifamily — 9.26% | |||
American Campus Communities | 18,638 | 804,602 | |
American Homes 4 Rent Class A | 111,330 | 3,711,742 | |
Apartment Income REIT † | 14,575 | 623,227 | |
AvalonBay Communities | 49,266 | 9,090,070 | |
Camden Property Trust | 41,015 | 4,507,959 | |
Essex Property Trust | 42,649 | 11,593,704 | |
Mid-America Apartment Communities | 16,124 | 2,327,661 | |
UDR | 127,976 | 5,613,027 | |
38,271,992 | |||
REIT Office — 8.21% | |||
Alexandria Real Estate Equities | 65,446 | 10,752,778 | |
Boston Properties | 84,650 | 8,571,659 | |
Cousins Properties | 134,482 | 4,753,939 | |
Douglas Emmett | 69,377 | 2,178,438 | |
Highwoods Properties | 132,429 | 5,686,501 | |
Kilroy Realty | 13,415 | 880,426 | |
SL Green Realty | 15,520 | 1,086,245 | |
33,909,986 | |||
REIT Self-Storage — 8.39% | |||
CubeSmart | 57,629 | 2,180,105 | |
Extra Space Storage | 69,817 | 9,254,243 | |
Life Storage | 54,951 | 4,723,039 | |
National Storage Affiliates Trust | 58,366 | 2,330,555 | |
Public Storage | 65,607 | 16,189,183 | |
34,677,125 | |||
REIT Shopping Center — 7.50% | |||
Brixmor Property Group | 348,457 | 7,049,285 |
NQ-880 [3/21] 5/21 (1643713) 1
Schedule of investments
Delaware VIP® Trust — Delaware VIP REIT Series
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
REIT Shopping Center (continued) | |||
Federal Realty Investment Trust | 26,875 | $2,726,469 | |
Kimco Realty | 175,865 | 3,297,469 | |
Regency Centers | 76,215 | 4,322,153 | |
Retail Opportunity Investments | 219,688 | 3,486,449 | |
SITE Centers | 401,299 | 5,441,614 | |
Urban Edge Properties | 213,739 | 3,530,968 | |
Weingarten Realty Investors | 42,632 | 1,147,227 | |
31,001,634 | |||
REIT Single Tenant — 7.65% | |||
Agree Realty | 40,045 | 2,695,429 | |
Four Corners Property Trust | 96,743 | 2,650,758 | |
National Retail Properties | 100,441 | 4,426,435 | |
Realty Income | 182,083 | 11,562,270 | |
Spirit Realty Capital | 78,823 | 3,349,978 | |
STORE Capital | 158,244 | 5,301,174 | |
VEREIT | 41,495 | 1,602,537 | |
31,588,581 | |||
REIT Specialty — 4.35% | |||
Invitation Homes | 303,274 | 9,701,735 | |
Iron Mountain | 55,976 | 2,071,672 | |
Lamar Advertising Class A | 18,926 | 1,777,530 | |
Outfront Media † | 46,337 | 1,011,537 | |
WP Carey | 48,441 | 3,427,685 | |
17,990,159 | |||
Total Common Stock (cost $350,915,501) | 411,715,091 | ||
Short-Term Investments — 0.08% | |||
Money Market Mutual Funds — 0.08% | |||
BlackRock FedFund – Institutional Shares (seven-day effective yield 0.01%) | 82,853 | 82,853 |
Number of shares | Value (US $) | ||
Short-Term Investments (continued) | |||
Money Market Mutual Funds (continued) | |||
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 0.01%) | 82,854 | $82,854 | |
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 0.03%) | 82,854 | 82,854 | |
Morgan Stanley Government Portfolio – Institutional Share Class (seven-day effective yield 0.00%) | 82,853 | 82,853 | |
Total Short-Term Investments (cost $331,414) | 331,414 | ||
Total Value of Securities—99.72% (cost $351,246,915) | 412,046,505 | ||
Receivables and Other Assets Net of Liabilities—0.28% | 1,164,079 | ||
Net Assets Applicable to 31,638,090 Shares Outstanding—100.00% | $413,210,584 |
† | Non-income producing security. |
Summary of abbreviations: |
GS – Goldman Sachs |
REIT – Real Estate Investment Trust |
2 NQ-880 [3/21] 5/21 (1643713)