Schedule of investments
Delaware VIP® Trust — Delaware VIP Fund for Income Series
September 30, 2021 (Unaudited)
Principal amount° | Value (US $) | ||
Corporate Bonds — 87.99% | |||
Banking — 2.84% | |||
Barclays 6.125% 12/15/25 μ, ψ | 465,000 | $ 515,280 | |
Deutsche Bank 6.00% 10/30/25 μ, ψ | 800,000 | 846,000 | |
Popular 6.125% 9/14/23 | 555,000 | 596,625 | |
SVB Financial Group 4.10% 2/15/31 μ, ψ | 715,000 | 738,452 | |
2,696,357 | |||
Basic Industry — 9.12% | |||
Allegheny Technologies | |||
4.875% 10/1/29 | 105,000 | 105,525 | |
5.125% 10/1/31 | 105,000 | 105,957 | |
5.875% 12/1/27 | 105,000 | 111,169 | |
Artera Services 144A 9.033% 12/4/25 # | 860,000 | 934,175 | |
Chemours | |||
144A 4.625% 11/15/29 # | 250,000 | 244,450 | |
144A 5.75% 11/15/28 # | 485,000 | 508,498 | |
Eldorado Gold 144A 6.25% 9/1/29 # | 460,000 | 456,525 | |
First Quantum Minerals | |||
144A 6.875% 10/15/27 # | 440,000 | 465,890 | |
144A 7.25% 4/1/23 # | 300,000 | 305,625 | |
144A 7.50% 4/1/25 # | 520,000 | 534,082 | |
Freeport-McMoRan 5.45% 3/15/43 | 578,000 | 712,385 | |
Hudbay Minerals 144A 6.125% 4/1/29 # | 215,000 | 225,492 | |
INEOS Quattro Finance 2 144A 3.375% 1/15/26 # | 490,000 | 495,512 | |
LSF11 A5 HoldCo 144A 6.625% 10/15/29 # | 230,000 | 230,000 | |
M/I Homes 4.95% 2/1/28 | 613,000 | 642,117 | |
New Gold 144A 7.50% 7/15/27 # | 455,000 | 468,896 | |
NOVA Chemicals 144A 4.25% 5/15/29 # | 490,000 | 490,612 | |
Novelis | |||
144A 3.25% 11/15/26 # | 95,000 | 96,471 | |
144A 3.875% 8/15/31 # | 95,000 | 94,079 | |
144A 4.75% 1/30/30 # | 130,000 | 137,013 | |
Sylvamo 144A 7.00% 9/1/29 # | 275,000 | 281,729 | |
Vedanta Resources Finance II 144A 8.95% 3/11/25 # | 225,000 | 225,000 | |
Venator Finance 144A 5.75% 7/15/25 # | 335,000 | 317,074 | |
WR Grace Holdings 144A 5.625% 8/15/29 # | 460,000 | 474,955 | |
8,663,231 |
Principal amount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Capital Goods — 4.22% | |||
ARD Finance 144A PIK 6.50% 6/30/27 #, > | 425,000 | $ 452,030 | |
Bombardier 144A 7.50% 12/1/24 # | 275,000 | 286,344 | |
Granite US Holdings 144A 11.00% 10/1/27 # | 225,000 | 246,659 | |
Intertape Polymer Group 144A 4.375% 6/15/29 # | 520,000 | 529,287 | |
Madison IAQ 144A 5.875% 6/30/29 # | 455,000 | 459,006 | |
Spirit AeroSystems 144A 5.50% 1/15/25 # | 475,000 | 502,906 | |
Terex 144A 5.00% 5/15/29 # | 545,000 | 565,438 | |
TK Elevator Holdco 144A 7.625% 7/15/28 # | 215,000 | 230,050 | |
TransDigm 144A 6.25% 3/15/26 # | 706,000 | 736,887 | |
4,008,607 | |||
Communications — 7.58% | |||
Altice France 144A 5.50% 10/15/29 # | 690,000 | 683,906 | |
Altice France Holding 144A 6.00% 2/15/28 # | 705,000 | 678,154 | |
Cincinnati Bell 144A 7.00% 7/15/24 # | 300,000 | 305,694 | |
Connect Finco 144A 6.75% 10/1/26 # | 590,000 | 618,060 | |
Consolidated Communications | |||
144A 5.00% 10/1/28 # | 220,000 | 227,436 | |
144A 6.50% 10/1/28 # | 220,000 | 239,254 | |
Frontier Communications Holdings 144A 5.875% 10/15/27 # | 265,000 | 281,894 | |
LCPR Senior Secured Financing DAC 144A 6.75% 10/15/27 # | 310,000 | 328,987 | |
Level 3 Financing 144A 4.25% 7/1/28 # | 535,000 | 539,804 | |
Sable International Finance 144A 5.75% 9/7/27 # | 320,000 | 336,400 | |
Sprint | |||
7.625% 3/1/26 | 450,000 | 545,839 | |
7.875% 9/15/23 | 625,000 | 699,125 | |
T-Mobile USA | |||
3.375% 4/15/29 | 260,000 | 271,570 | |
3.50% 4/15/31 | 150,000 | 158,383 | |
Vmed O2 UK Financing I 144A 4.75% 7/15/31 # | 485,000 | 496,121 |
NQ-FLA [9/21] 11/21 (1918425) 1
Schedule of investments
Delaware VIP® Trust — Delaware VIP Fund for Income Series
Principal amount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Communications (continued) | |||
Zayo Group Holdings 144A 6.125% 3/1/28 # | 785,000 | $ 796,916 | |
7,207,543 | |||
Consumer Cyclical — 13.43% | |||
Allison Transmission 144A 5.875% 6/1/29 # | 410,000 | 446,613 | |
Bath & Body Works | |||
6.875% 11/1/35 | 295,000 | 370,594 | |
6.95% 3/1/33 | 330,000 | 389,817 | |
144A 9.375% 7/1/25 # | 116,000 | 147,319 | |
Bloomin' Brands 144A 5.125% 4/15/29 # | 495,000 | 515,822 | |
Boyd Gaming 4.75% 12/1/27 | 505,000 | 521,132 | |
Caesars Entertainment | |||
144A 6.25% 7/1/25 # | 290,000 | 305,662 | |
144A 8.125% 7/1/27 # | 245,000 | 275,741 | |
Carnival | |||
144A 4.00% 8/1/28 # | 335,000 | 338,769 | |
144A 5.75% 3/1/27 # | 1,155,000 | 1,195,425 | |
144A 7.625% 3/1/26 # | 355,000 | 379,406 | |
Foot Locker 144A 4.00% 10/1/29 # | 260,000 | 260,975 | |
Ford Motor | |||
8.50% 4/21/23 | 350,000 | 385,417 | |
9.00% 4/22/25 | 110,000 | 132,416 | |
Ford Motor Credit | |||
3.375% 11/13/25 | 260,000 | 267,475 | |
4.542% 8/1/26 | 270,000 | 291,487 | |
5.584% 3/18/24 | 470,000 | 505,762 | |
General Motors Financial 5.70% 9/30/30 μ, ψ | 170,000 | 196,138 | |
Jaguar Land Rover Automotive | |||
144A 4.50% 10/1/27 # | 200,000 | 194,370 | |
144A 5.875% 1/15/28 # | 255,000 | 256,408 | |
Levi Strauss & Co. 144A 3.50% 3/1/31 # | 454,000 | 459,108 | |
MGM Growth Properties Operating Partnership 144A 3.875% 2/15/29 # | 385,000 | 410,506 | |
MGM Resorts International 4.75% 10/15/28 | 445,000 | 469,475 | |
Murphy Oil USA 144A 3.75% 2/15/31 # | 450,000 | 453,375 | |
PetSmart 144A 7.75% 2/15/29 # | 540,000 | 589,980 | |
Rent-A-Center 144A 6.375% 2/15/29 # | 450,000 | 486,000 | |
Royal Caribbean Cruises 144A 5.50% 4/1/28 # | 1,170,000 | 1,198,406 |
Principal amount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Consumer Cyclical (continued) | |||
Scientific Games International | |||
144A 7.25% 11/15/29 # | 230,000 | $ 258,724 | |
144A 8.25% 3/15/26 # | 460,000 | 488,750 | |
Six Flags Entertainment 144A 4.875% 7/31/24 # | 295,000 | 298,134 | |
XHR 144A 4.875% 6/1/29 # | 270,000 | 277,652 | |
12,766,858 | |||
Consumer Non-Cyclical — 1.66% | |||
Energizer Holdings 144A 4.375% 3/31/29 # | 380,000 | 377,625 | |
JBS USA LUX 144A 5.50% 1/15/30 # | 625,000 | 695,919 | |
Kraft Heinz Foods 5.20% 7/15/45 | 400,000 | 501,854 | |
1,575,398 | |||
Energy — 13.40% | |||
Ascent Resources Utica Holdings | |||
144A 5.875% 6/30/29 # | 495,000 | 506,373 | |
144A 7.00% 11/1/26 # | 230,000 | 238,048 | |
Callon Petroleum 6.125% 10/1/24 | 335,000 | 329,774 | |
CNX Midstream Partners 144A 4.75% 4/15/30 # | 240,000 | 244,014 | |
CNX Resources | |||
144A 6.00% 1/15/29 # | 485,000 | 513,494 | |
144A 7.25% 3/14/27 # | 225,000 | 239,839 | |
Crestwood Midstream Partners 144A 6.00% 2/1/29 # | 522,000 | 546,911 | |
DCP Midstream Operating 5.125% 5/15/29 | 685,000 | 772,123 | |
EQM Midstream Partners | |||
144A 4.75% 1/15/31 # | 290,000 | 301,968 | |
144A 6.50% 7/1/27 # | 195,000 | 219,570 | |
Genesis Energy | |||
5.625% 6/15/24 | 100,000 | 99,875 | |
7.75% 2/1/28 | 375,000 | 375,150 | |
8.00% 1/15/27 | 775,000 | 785,707 | |
Murphy Oil 6.375% 7/15/28 | 815,000 | 862,881 | |
NuStar Logistics | |||
5.625% 4/28/27 | 185,000 | 197,389 | |
6.00% 6/1/26 | 267,000 | 288,857 | |
6.375% 10/1/30 | 530,000 | 583,663 | |
Occidental Petroleum | |||
3.50% 8/15/29 | 500,000 | 509,185 | |
6.125% 1/1/31 | 490,000 | 588,845 | |
6.45% 9/15/36 | 225,000 | 283,359 | |
6.60% 3/15/46 | 190,000 | 238,807 | |
6.625% 9/1/30 | 340,000 | 419,475 | |
PDC Energy 5.75% 5/15/26 | 588,000 | 612,990 |
2 NQ-FLA [9/21] 11/21 (1918425)
Principal amount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Energy (continued) | |||
Southwestern Energy | |||
5.375% 3/15/30 | 275,000 | $ 297,131 | |
7.75% 10/1/27 | 455,000 | 492,105 | |
Targa Resources Partners | |||
144A 4.00% 1/15/32 # | 360,000 | 372,492 | |
6.50% 7/15/27 | 535,000 | 577,522 | |
TechnipFMC 144A 6.50% 2/1/26 # | 885,000 | 949,419 | |
Western Midstream Operating 4.75% 8/15/28 | 265,000 | 289,441 | |
12,736,407 | |||
Financial Services — 4.52% | |||
AerCap Holdings 5.875% 10/10/79 μ | 600,000 | 626,970 | |
Air Lease 4.65% 6/15/26 μ, ψ | 450,000 | 471,938 | |
Ally Financial | |||
4.70% 5/15/26 μ, ψ | 470,000 | 490,668 | |
8.00% 11/1/31 | 330,000 | 476,378 | |
Credit Suisse Group 144A 4.50% 9/3/30 #, μ, ψ | 470,000 | 461,775 | |
Hightower Holding 144A 6.75% 4/15/29 # | 300,000 | 307,875 | |
Midcap Financial Issuer Trust | |||
144A 5.625% 1/15/30 # | 295,000 | 292,571 | |
144A 6.50% 5/1/28 # | 410,000 | 428,827 | |
UBS Group 144A 4.375% 2/10/31 #, μ, ψ | 730,000 | 739,271 | |
4,296,273 | |||
Healthcare — 7.40% | |||
180 Medical 144A 3.875% 10/15/29 # | 200,000 | 200,000 | |
Bausch Health 144A 6.25% 2/15/29 # | 685,000 | 678,794 | |
Cheplapharm Arzneimittel 144A 5.50% 1/15/28 # | 425,000 | 440,861 | |
CHS | |||
144A 4.75% 2/15/31 # | 470,000 | 473,525 | |
144A 8.00% 3/15/26 # | 240,000 | 254,814 | |
DaVita 144A 4.625% 6/1/30 # | 405,000 | 417,094 | |
Encompass Health 4.75% 2/1/30 | 330,000 | 347,490 | |
Hadrian Merger Sub 144A 8.50% 5/1/26 # | 504,000 | 522,903 | |
HCA | |||
3.50% 9/1/30 | 170,000 | 180,266 | |
5.375% 2/1/25 | 155,000 | 173,406 | |
5.875% 2/15/26 | 125,000 | 143,438 | |
5.875% 2/1/29 | 255,000 | 306,749 | |
Principal amount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Healthcare (continued) | |||
Jaguar Holding II 144A 5.00% 6/15/28 # | 252,000 | $ 271,573 | |
ModivCare Escrow Issuer 144A 5.00% 10/1/29 # | 185,000 | 191,993 | |
Mozart Debt Merger Sub | |||
144A 3.875% 4/1/29 # | 385,000 | 385,000 | |
144A 5.25% 10/1/29 # | 170,000 | 170,000 | |
Organon & Co. 144A 5.125% 4/30/31 # | 235,000 | 247,126 | |
Ortho-Clinical Diagnostics | |||
144A 7.25% 2/1/28 # | 229,000 | 245,428 | |
144A 7.375% 6/1/25 # | 294,000 | 310,627 | |
Surgery Center Holdings 144A 10.00% 4/15/27 # | 245,000 | 264,906 | |
Tenet Healthcare | |||
144A 6.125% 10/1/28 # | 265,000 | 278,716 | |
6.75% 6/15/23 | 255,000 | 275,209 | |
6.875% 11/15/31 | 223,000 | 256,275 | |
7,036,193 | |||
Insurance — 2.50% | |||
AmWINS Group 144A 4.875% 6/30/29 # | 615,000 | 624,410 | |
GTCR AP Finance 144A 8.00% 5/15/27 # | 156,000 | 164,824 | |
Roller Bearing Co. of America 144A 4.375% 10/15/29 # | 735,000 | 754,294 | |
USI 144A 6.875% 5/1/25 # | 821,000 | 836,574 | |
2,380,102 | |||
Media — 8.24% | |||
AMC Networks 4.25% 2/15/29 | 375,000 | 373,594 | |
Beasley Mezzanine Holdings 144A 8.625% 2/1/26 # | 475,000 | 485,262 | |
CCO Holdings | |||
144A 4.50% 8/15/30 # | 875,000 | 903,849 | |
4.50% 5/1/32 | 120,000 | 123,750 | |
144A 5.375% 6/1/29 # | 365,000 | 394,656 | |
Clear Channel Outdoor Holdings | |||
144A 7.50% 6/1/29 # | 290,000 | 301,963 | |
144A 7.75% 4/15/28 # | 230,000 | 242,383 | |
CSC Holdings | |||
144A 4.625% 12/1/30 # | 900,000 | 854,352 | |
144A 5.00% 11/15/31 # | 440,000 | 422,268 | |
Cumulus Media New Holdings 144A 6.75% 7/1/26 # | 484,000 | 501,545 | |
Gray Television | |||
144A 4.75% 10/15/30 # | 275,000 | 270,531 | |
144A 7.00% 5/15/27 # | 210,000 | 225,488 | |
Netflix 4.875% 4/15/28 | 190,000 | 219,213 | |
Nexstar Media 144A 4.75% 11/1/28 # | 345,000 | 358,329 |
NQ-FLA [9/21] 11/21 (1918425) 3
Schedule of investments
Delaware VIP® Trust — Delaware VIP Fund for Income Series
Principal amount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Media (continued) | |||
Nielsen Finance | |||
144A 4.50% 7/15/29 # | 125,000 | $ 122,381 | |
144A 4.75% 7/15/31 # | 410,000 | 399,360 | |
Sirius XM Radio 144A 4.00% 7/15/28 # | 935,000 | 951,947 | |
Terrier Media Buyer 144A 8.875% 12/15/27 # | 645,000 | 682,855 | |
7,833,726 | |||
Services — 4.48% | |||
ADT Security 144A 4.125% 8/1/29 # | 470,000 | 467,716 | |
Gartner 144A 4.50% 7/1/28 # | 395,000 | 415,244 | |
Iron Mountain | |||
144A 5.25% 3/15/28 # | 460,000 | 481,275 | |
144A 5.25% 7/15/30 # | 260,000 | 276,245 | |
Prime Security Services Borrower | |||
144A 5.75% 4/15/26 # | 265,000 | 286,998 | |
144A 6.25% 1/15/28 # | 920,000 | 952,338 | |
Sotheby's 144A 5.875% 6/1/29 # | 455,000 | 468,654 | |
United Rentals North America 5.25% 1/15/30 | 430,000 | 471,387 | |
White Cap Buyer 144A 6.875% 10/15/28 # | 415,000 | 438,377 | |
4,258,234 | |||
Technology — 1.65% | |||
Camelot Finance 144A 4.50% 11/1/26 # | 445,000 | 462,800 | |
Clarivate Science Holdings 144A 4.875% 7/1/29 # | 640,000 | 642,048 | |
MSCI 144A 3.625% 11/1/31 # | 440,000 | 458,425 | |
1,563,273 | |||
Technology & Electronics — 2.30% | |||
Black Knight InfoServ 144A 3.625% 9/1/28 # | 410,000 | 412,563 | |
Go Daddy Operating 144A 3.50% 3/1/29 # | 475,000 | 471,437 | |
Qorvo 144A 3.375% 4/1/31 # | 240,000 | 253,356 | |
Sensata Technologies 144A 4.00% 4/15/29 # | 575,000 | 586,040 | |
SS&C Technologies 144A 5.50% 9/30/27 # | 440,000 | 465,163 | |
2,188,559 | |||
Transportation — 3.25% | |||
Air Canada 144A 3.875% 8/15/26 # | 310,000 | 313,193 | |
Carriage Purchaser 144A 7.875% 10/15/29 # | 175,000 | 174,704 | |
Delta Air Lines 7.375% 1/15/26 | 224,000 | 264,013 |
Principal amount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Transportation (continued) | |||
Seaspan 144A 5.50% 8/1/29 # | 730,000 | $ 745,673 | |
Stena International 144A 6.125% 2/1/25 # | 200,000 | 207,160 | |
United Airlines Holdings 4.875% 1/15/25 | 965,000 | 990,331 | |
VistaJet Malta Finance 144A 10.50% 6/1/24 # | 360,000 | 391,500 | |
3,086,574 | |||
Utilities — 1.40% | |||
Calpine | |||
144A 4.625% 2/1/29 # | 85,000 | 83,831 | |
144A 5.00% 2/1/31 # | 510,000 | 510,638 | |
PG&E 5.25% 7/1/30 | 240,000 | 246,000 | |
Vistra Operations 144A 4.375% 5/1/29 # | 485,000 | 488,579 | |
1,329,048 | |||
Total Corporate Bonds (cost $80,746,596) | 83,626,383 | ||
Loan Agreements — 10.73% | |||
Air Canada 4.25% (LIBOR03M + 3.50%) 8/11/28 • | 176,000 | 176,990 | |
Applied Systems 2nd Lien 6.25% (LIBOR03M + 5.50%) 9/19/25 • | 1,454,124 | 1,477,451 | |
Calpine 2.59% (LIBOR01M + 2.50%) 12/16/27 • | 640 | 639 | |
DIRECTV Financing 5.75% (LIBOR03M + 5.00%) 8/2/27 • | 335,000 | 335,663 | |
Epicor Software 2nd Lien 8.75% (LIBOR01M + 7.75%) 7/31/28 • | 368,200 | 379,591 | |
Frontier Communications Tranche B 4.50% (LIBOR03M + 3.75%) 5/1/28 • | 194,513 | 194,695 | |
Gainwell Acquisition Tranche B 4.75% (LIBOR03M + 4.00%) 10/1/27 • | 524,358 | 526,325 | |
Global Medical Response 5.75% (LIBOR03M + 4.75%) 10/2/25 • | 729,487 | 732,614 | |
Green Energy Partners Tranche B-1 6.50% (LIBOR03M + 5.50%) 11/13/21 • | 247,028 | 233,750 | |
Green Energy Partners Tranche B-2 6.50% (LIBOR03M + 5.50%) 11/13/21 • | 65,452 | 61,934 | |
Hamilton Projects Acquiror 5.75% (LIBOR03M + 4.75%) 6/17/27 • | 493,750 | 495,833 |
4 NQ-FLA [9/21] 11/21 (1918425)
Principal amount° | Value (US $) | ||
Loan Agreements (continued) | |||
Informatica 2nd Lien 7.125% 2/25/25 | 535,000 | $ 543,694 | |
Peraton Tranche B 1st Lien 4.50% (LIBOR01M + 3.75%) 2/1/28 • | 482,575 | 483,609 | |
Precisely Software 2nd Lien 8.00% (LIBOR03M + 7.25%) 4/23/29 • | 250,000 | 251,458 | |
Schweitzer-Mauduit International Tranche B 4.50% (LIBOR03M + 3.75%) 2/9/28 • | 242,393 | 241,938 | |
Solenis International 2nd Lien 8.584% (LIBOR01M + 8.50%) 6/26/26 • | 768,588 | 770,125 | |
Sovos Compliance 1st Lien 5.00% (LIBOR03M + 4.50%) 8/11/28 • | 115,120 | 115,965 | |
Surgery Center Holdings 4.50% (LIBOR01M + 3.75%) 8/31/26 • | 490,950 | 492,348 | |
Tecta America 2nd Lien 9.25% (LIBOR01M + 8.50%) 4/9/29 • | 275,000 | 275,000 | |
Ultimate Software Group 2nd Lien 7.50% (LIBOR03M + 6.75%) 5/3/27 • | 914,000 | 931,899 | |
Vantage Specialty Chemicals 1st Lien 4.50% (LIBOR03M + 3.50%) 10/28/24 • | 342,332 | 336,170 | |
Vantage Specialty Chemicals 2nd Lien 9.25% (LIBOR03M + 8.25%) 10/27/25 • | 169,000 | 163,698 | |
Verscend Holding Tranche B 4.084% (LIBOR01M + 4.00%) 8/27/25 • | 972,347 | 975,021 | |
Total Loan Agreements (cost $10,066,908) | 10,196,410 |
Number of shares | |||
Short-Term Investments — 2.71% | |||
Money Market Mutual Funds — 2.71% | |||
BlackRock FedFund – Institutional Shares (seven-day effective yield 0.03%) | 644,283 | 644,283 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 0.01%) | 644,284 | 644,284 |
Number of shares | Value (US $) | ||
Short-Term Investments (continued) | |||
Money Market Mutual Funds (continued) | |||
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 0.03%) | 644,284 | $ 644,284 | |
Morgan Stanley Government Portfolio – Institutional Share Class (seven-day effective yield 0.03%) | 644,284 | 644,284 | |
Total Short-Term Investments (cost $2,577,135) | 2,577,135 | ||
Total Value of Securities—101.43% (cost $93,390,639) | 96,399,928 | ||
Liabilities Net of Receivables and Other Assets—(1.43%) | (1,354,576) | ||
Net Assets Applicable to 14,926,872 Shares Outstanding—100.00% | $95,045,352 |
° | Principal amount shown is stated in USD unless noted that the security is denominated in another currency. |
μ | Fixed to variable rate investment. The rate shown reflects the fixed rate in effect at September 30, 2021. Rate will reset at a future date. |
ψ | Perpetual security. Maturity date represents next call date. |
# | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At September 30, 2021, the aggregate value of Rule 144A securities was $58,505,035, which represents 61.55% of the Series' net assets. |
> | PIK. 100% of the income received was in the form of cash. |
• | Variable rate investment. Rates reset periodically. Rate shown reflects the rate in effect at September 30, 2021. 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. LIBOR03M, LIBOR06M, 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. |
NQ-FLA [9/21] 11/21 (1918425) 5
Schedule of investments
Delaware VIP® Trust — Delaware VIP Fund for Income Series
Unfunded Loan Commitments
The Series may invest in floating rate loans. In connection with these investments, the Series may also enter into unfunded corporate loan commitments (commitments). Commitments may obligate the Series to furnish temporary financing to a borrower until permanent financing can be arranged. In connection with these commitments, the Series earns a commitment fee, typically set as a percentage of the commitment amount. The following unfunded loan commitment were outstanding at September 30, 2021:
Borrower | Principal Amount | Commitment | Value | Unrealized Appreciation (Depreciation) | ||||
Sovos Compliance 1st Lien TBD 8/11/28 | $19,880 | $19,880 | $20,026 | $146 |
Summary of abbreviations: |
DAC – Designated Activity Company |
GS – Goldman Sachs |
ICE – Intercontinental Exchange, Inc. |
LIBOR01M – ICE LIBOR USD 1 Month |
LIBOR03M – ICE LIBOR USD 3 Month |
LIBOR06M – ICE LIBOR USD 6 Month |
MSCI – Morgan Stanley Capital International |
PIK – Payment-in-kind |
TBD – To be determined |
USD – US Dollar |
6 NQ-FLA [9/21] 11/21 (1918425)