Schedule of investments
Delaware VIP® Trust — Delaware VIP International Series
March 31, 2022 (Unaudited)
Number of shares | Value (US $) | ||
Common StocksΔ – 98.08% | |||
Denmark − 5.66% | |||
Novo Nordisk Class B | 100,920 | $ 11,193,657 | |
11,193,657 | |||
France − 17.18% | |||
Air Liquide | 61,550 | 10,767,799 | |
Danone | 122,330 | 6,757,876 | |
Orange | 353,970 | 4,191,465 | |
Publicis Groupe | 66,020 | 4,006,996 | |
Sodexo | 101,330 | 8,245,822 | |
33,969,958 | |||
Germany − 14.33% | |||
adidas AG | 34,520 | 8,044,059 | |
Fresenius Medical Care AG & Co. | 127,570 | 8,548,572 | |
Knorr-Bremse | 52,330 | 4,011,462 | |
SAP | 69,780 | 7,733,588 | |
28,337,681 | |||
Japan − 12.12% | |||
Asahi Group Holdings | 55,200 | 2,010,411 | |
Kao | 165,700 | 6,765,640 | |
KDDI | 193,900 | 6,357,330 | |
Makita | 120,300 | 3,849,190 | |
Seven & i Holdings | 104,300 | 4,972,733 | |
23,955,304 | |||
Netherlands − 4.17% | |||
Koninklijke Ahold Delhaize | 256,210 | 8,241,127 | |
8,241,127 | |||
Spain − 6.18% | |||
Amadeus IT Group † | 187,850 | 12,213,651 | |
12,213,651 | |||
Sweden − 8.36% | |||
Essity Class B | 280,050 | 6,608,909 | |
H & M Hennes & Mauritz Class B | 214,260 | 2,877,006 | |
Securitas Class B | 624,450 | 7,044,622 | |
16,530,537 | |||
Switzerland − 15.62% | |||
Nestle | 97,820 | 12,718,426 | |
Roche Holding | 21,000 | 8,308,899 | |
Swatch Group | 34,740 | 9,849,623 | |
30,876,948 | |||
United Kingdom − 14.46% | |||
Diageo | 260,980 | 13,238,100 | |
Intertek Group | 68,480 | 4,671,553 |
Number of shares | Value (US $) | ||
Common Stocks (continued) | |||
United Kingdom (continued) | |||
Smith & Nephew | 671,310 | $ 10,677,103 | |
28,586,756 | |||
Total Common Stocks (cost $191,983,066) | 193,905,619 | ||
Exchange-Traded Funds – 1.19% | |||
iShares MSCI EAFE ETF | 540 | 39,744 | |
iShares Trust iShares ESG Aware MSCI EAFE ETF | 28,850 | 2,127,111 | |
Vanguard FTSE Developed Markets ETF | 3,710 | 178,191 | |
Total Exchange-Traded Funds (cost $2,377,881) | 2,345,046 | ||
Short-Term Investments – 0.10% | |||
Money Market Mutual Funds – 0.10% | |||
BlackRock FedFund – Institutional Shares (seven-day effective yield 0.23%) | 49,822 | 49,822 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 0.12%) | 49,822 | 49,822 | |
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 0.25%) | 49,822 | 49,822 | |
Morgan Stanley Government Portfolio – Institutional Share Class (seven-day effective yield 0.23%) | 49,821 | 49,821 | |
Total Short-Term Investments (cost $199,287) | 199,287 | ||
Total Value of Securities−99.37% (cost $194,560,234) | 196,449,952 | ||
Receivables and Other Assets Net of Liabilities — 0.63% | 1,243,511 |
Net Assets Applicable to 10,810,290 Shares Outstanding — 100.00% | $197,693,463 |
Δ | Securities have been classified by country of risk. |
† | Non-income producing security. |
NQ-FL6 [3/22] 5/22 (2218542) 1
Schedule of investments
Delaware VIP® Trust — Delaware VIP International Series
The following foreign currency exchange contracts were outstanding at March 31, 2022:
Foreign Currency Exchange Contracts | ||||||||||||
Counterparty | Currency to Receive (Deliver) | In Exchange For | Settlement Date | Unrealized Appreciation | Unrealized Depreciation | |||||||
BNYM | EUR | 182,787 | USD | (204,048) | 4/1/22 | $— | $(1,834) | |||||
BNYM | JPY | (2,988,957) | USD | 24,481 | 4/1/22 | — | (71) | |||||
BNYM | SEK | (1,372,245) | USD | 148,079 | 4/1/22 | 2,130 | — | |||||
Total Foreign Currency Exchange Contracts | $2,130 | $(1,905) |
The use of foreign currency exchange contracts involves elements of market risk and risks in excess of the amounts disclosed in the financial statements. The foreign currency exchange contract presented above represents the Series’ total exposure in such contracts, whereas only the net unrealized appreciation (depreciation) is reflected in the Series’ net assets.
Summary of abbreviations: |
AG – Aktiengesellschaft |
BNYM – Bank of New York Mellon |
EAFE – Europe, Australasia, and Far East |
ESG – Environmental, Social, and Governance |
ETF – Exchange-Traded Fund |
FTSE – Financial Times Stock Exchange |
GS – Goldman Sachs |
Summary of abbreviations: (continued) |
MSCI – Morgan Stanley Capital International |
Summary of currencies: |
EUR – European Monetary Unit |
JPY – Japanese Yen |
SEK – Swedish Krona |
USD – US Dollar |
2 NQ-FL6 [3/22] 5/22 (2218542)