Schedule of investments
Delaware Global Listed Real Assets Fund | January 31, 2021 (Unaudited) |
Principal amount° | Value (US $) | ||
Convertible Bond — 0.06% | |||
Cheniere Energy 144A PIK 4.875% exercise price $93.64, maturity date 5/28/21 #, * | 58,763 | $59,130 | |
Total Convertible Bond (cost $58,892) | 59,130 | ||
Corporate Bonds — 14.99% | |||
Basic Industry — 2.28% | |||
Chemours 7.00% 5/15/25 | 265,000 | 274,209 | |
First Quantum Minerals 144A 6.875% 3/1/26 # | 400,000 | 417,250 | |
Freeport-McMoRan 5.45% 3/15/43 | 380,000 | 475,707 | |
Hudbay Minerals 144A 7.625% 1/15/25 # | 320,000 | 333,704 | |
New Gold 144A 6.375% 5/15/25 # | 84,000 | 87,098 | |
Novelis | |||
144A 4.75% 1/30/30 # | 230,000 | 241,931 | |
144A 5.875% 9/30/26 # | 90,000 | 94,387 | |
Univar Solutions USA 144A 5.125% 12/1/27 # | 415,000 | 436,451 | |
2,360,737 | |||
Capital Goods — 0.98% | |||
Clean Harbors 144A 5.125% 7/15/29 # | 310,000 | 337,260 | |
Covanta Holding 6.00% 1/1/27 | 120,000 | 125,773 | |
GFL Environmental 144A 5.125% 12/15/26 # | 250,000 | 264,088 | |
Sealed Air 144A 4.00% 12/1/27 # | 275,000 | 292,875 | |
1,019,996 | |||
Communications — 4.40% | |||
CCO Holdings 144A 5.375% 6/1/29 # | 395,000 | 428,950 | |
Clear Channel Worldwide Holdings 9.25% 2/15/24 | 130,000 | 135,471 | |
CSC Holdings | |||
144A 3.375% 2/15/31 # | 200,000 | 195,420 | |
144A 5.75% 1/15/30 # | 365,000 | 392,266 | |
Cumulus Media New Holdings 144A 6.75% 7/1/26 # | 73,000 | 74,220 | |
Gray Television 144A 7.00% 5/15/27 # | 260,000 | 284,492 | |
LCPR Senior Secured Financing 144A 6.75% 10/15/27 # | 216,000 | 232,520 | |
Level 3 Financing 144A 4.25% 7/1/28 # | 300,000 | 307,713 | |
Lumen Technologies | |||
144A 4.00% 2/15/27 # | 140,000 | 144,955 | |
144A 5.125% 12/15/26 # | 205,000 | 218,291 | |
Nexstar Broadcasting 144A 5.625% 7/15/27 # | 338,000 | 359,302 | |
Outfront Media Capital 144A 4.625% 3/15/30 # | 385,000 | 384,519 | |
Sirius XM Radio 144A 5.50% 7/1/29 # | 340,000 | 370,600 | |
Sprint Capital 8.75% 3/15/32 | 100,000 | 152,850 | |
T-Mobile USA 4.75% 2/1/28 | 170,000 | 181,790 |
NQ-095 [1/21] 3/21 (1551941) 1
Schedule of investments
Delaware Global Listed Real Assets Fund (Unaudited)
Principal amount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Communications (continued) | |||
Virgin Media Secured Finance 144A 5.50% 5/15/29 # | 200,000 | $214,940 | |
Vmed O2 UK Financing I 144A 4.25% 1/31/31 # | 200,000 | 200,042 | |
Zayo Group Holdings 144A 4.00% 3/1/27 # | 275,000 | 276,134 | |
4,554,475 | |||
Consumer Cyclical — 1.10% | |||
Carnival 144A 7.625% 3/1/26 # | 60,000 | 63,563 | |
Hilton Domestic Operating 4.875% 1/15/30 | 320,000 | 345,536 | |
Lennar 5.00% 6/15/27 | 160,000 | 190,200 | |
MGM Growth Properties Operating Partnership 5.75% 2/1/27 | 341,000 | 382,762 | |
Murphy Oil USA 144A 3.75% 2/15/31 # | 160,000 | 160,400 | |
1,142,461 | |||
Consumer Non-Cyclical — 1.41% | |||
HCA | |||
5.375% 2/1/25 | 120,000 | 134,907 | |
5.875% 2/1/29 | 350,000 | 417,480 | |
JBS USA LUX 144A 5.50% 1/15/30 # | 250,000 | 284,335 | |
Pilgrim's Pride | |||
144A 5.75% 3/15/25 # | 160,000 | 163,816 | |
144A 5.875% 9/30/27 # | 117,000 | 124,657 | |
Tenet Healthcare | |||
5.125% 5/1/25 | 90,000 | 91,295 | |
6.875% 11/15/31 | 230,000 | 249,219 | |
1,465,709 | |||
Energy — 3.15% | |||
CNX Resources | |||
144A 6.00% 1/15/29 # | 110,000 | 113,886 | |
144A 7.25% 3/14/27 # | 160,000 | 172,248 | |
Crestwood Midstream Partners | |||
144A 5.625% 5/1/27 # | 370,000 | 356,909 | |
144A 6.00% 2/1/29 # | 100,000 | 96,521 | |
DCP Midstream Operating 5.125% 5/15/29 | 330,000 | 359,469 | |
Genesis Energy 6.50% 10/1/25 | 270,000 | 250,337 | |
Marathon Oil 4.40% 7/15/27 | 130,000 | 146,605 | |
Murphy Oil | |||
5.875% 12/1/27 | 325,000 | 309,283 | |
6.875% 8/15/24 | 160,000 | 156,600 | |
NuStar Logistics 6.375% 10/1/30 | 125,000 | 137,891 |
2 NQ-095 [1/21] 3/21 (1551941)
(Unaudited)
Principal amount° | Value (US $) | ||
Corporate Bonds (continued) | |||
Energy (continued) | |||
Occidental Petroleum | |||
2.70% 2/15/23 | 149,000 | $147,480 | |
3.00% 2/15/27 | 70,000 | 64,881 | |
6.625% 9/1/30 | 65,000 | 73,223 | |
Southwestern Energy 7.75% 10/1/27 | 360,000 | 380,475 | |
Targa Resources Partners | |||
144A 4.875% 2/1/31 # | 305,000 | 318,725 | |
5.375% 2/1/27 | 170,000 | 176,082 | |
3,260,615 | |||
Real Estate Operating Companies/Developer — 0.16% | |||
HAT Holdings I 144A 3.75% 9/15/30 # | 160,000 | 161,800 | |
161,800 | |||
Transportation — 0.44% | |||
DAE Funding 144A 5.75% 11/15/23 # | 175,000 | 180,031 | |
Delta Air Lines 144A 7.00% 5/1/25 # | 240,000 | 278,457 | |
458,488 | |||
Utilities — 1.07% | |||
Calpine 144A 5.00% 2/1/31 # | 60,000 | 61,740 | |
NRG Energy 144A 3.625% 2/15/31 # | 160,000 | 166,700 | |
PG&E 5.25% 7/1/30 | 250,000 | 275,313 | |
TerraForm Power Operating 144A 4.75% 1/15/30 # | 210,000 | 225,689 | |
Vistra Operations | |||
144A 5.00% 7/31/27 # | 120,000 | 126,444 | |
144A 5.50% 9/1/26 # | 120,000 | 124,914 | |
144A 5.625% 2/15/27 # | 120,000 | 126,764 | |
1,107,564 | |||
Total Corporate Bonds (cost $14,839,409) | 15,531,845 | ||
Non-Agency Commercial Mortgage-Backed Securities — 2.19% | |||
Citigroup Commercial Mortgage Trust Series 2019-C7 A4 3.102% 12/15/72 | 600,000 | 668,575 | |
GS Mortgage Securities Trust Series 2017-GS6 B 3.869% 5/10/50 | 730,000 | 816,254 | |
Morgan Stanley Capital I Trust Series 2016-BNK2 B 3.485% 11/15/49 | 740,000 | 778,926 | |
Total Non-Agency Commercial Mortgage-Backed Securities (cost $2,165,566) | 2,263,755 | ||
NQ-095 [1/21] 3/21 (1551941) 3
Schedule of investments
Delaware Global Listed Real Assets Fund (Unaudited)
Principal amount° | Value (US $) | ||
Loan Agreements — 2.89% | |||
Calpine | |||
2.38% (LIBOR01M + 2.25%) 4/5/26 • | 323,081 | $322,955 | |
2.63% (LIBOR01M + 2.50%) 12/2/27 • | 83,008 | 83,170 | |
Calpine Construction Finance Tranche B TBD 1/15/25 X | 125,558 | 125,245 | |
CenturyLink Tranche B 2.371% (LIBOR01M + 2.25%) 3/15/27 • | 445,500 | 444,695 | |
Charter Communications Operating Tranche B2 1.88% (LIBOR01M + 1.75%) 2/1/27 • | 261,477 | 261,477 | |
CSC Holdings 2.377% (LIBOR01M + 2.25%) 7/17/25 • | 251,087 | 250,302 | |
Hamilton Projects Acquiror 5.75% (LIBOR03M + 4.75%) 6/17/27 • | 298,500 | 301,734 | |
HCA Tranche B-12 1.871% (LIBOR01M + 1.75%) 3/13/25 • | 345,625 | 346,736 | |
HCA Tranche B13 1.871% (LIBOR01M + 1.75%) 3/18/26 • | 167,450 | 168,170 | |
Lamar Media Tranche B 1.631% (LIBOR01M + 1.50%) 2/5/27 • | 169,139 | 168,716 | |
LCPR Loan Financing 5.127% (LIBOR01M + 5.00%) 10/15/26 • | 100,000 | 101,000 | |
Telenet Financing Tranche AR 2.127% (LIBOR01M + 2.00%) 4/30/28 • | 255,000 | 253,611 | |
Vistra Operations 1.872% (LIBOR01M + 1.75%) 12/31/25 • | 168,138 | 168,453 | |
Total Loan Agreements (cost $2,990,646) | 2,996,264 | ||
Sovereign Bonds — 9.17%Δ | |||
Australia — 0.28% | |||
Australia Government Bonds | |||
0.75% 11/21/27 | AUD | 300,231 | 271,941 |
2.50% 9/20/30 | AUD | 14,607 | 17,993 |
289,934 | |||
Canada — 0.56% | |||
Canadian Government Real Return Bonds | |||
4.00% 12/1/31 | CAD | 319,452 | 383,028 |
4.25% 12/1/26 | CAD | 191,282 | 199,504 |
582,532 | |||
France — 1.36% | |||
French Republic Government Bond OAT | |||
0.10% 3/1/25 | EUR | 239,181 | 307,851 |
0.10% 3/1/28 | EUR | 488,983 | 653,307 |
4 NQ-095 [1/21] 3/21 (1551941)
(Unaudited)
Principal amount° | Value (US $) | ||
Sovereign BondsΔ (continued) | |||
France (continued) | |||
French Republic Government Bond OAT | |||
144A 1.80% 7/25/40 # | EUR | 109,736 | $221,580 |
3.15% 7/25/32 | EUR | 118,465 | 226,779 |
1,409,517 | |||
Germany — 0.57% | |||
Deutsche Bundesrepublik Inflation Linked Bond 0.10% 4/15/26 | EUR | 448,179 | 596,968 |
596,968 | |||
Italy — 1.24% | |||
Italy Buoni Poliennali Del Tesoro | |||
0.10% 5/15/23 | EUR | 760,884 | 950,014 |
144A 3.10% 9/15/26 # | EUR | 223,109 | 331,492 |
1,281,506 | |||
Japan — 0.31% | |||
Japanese Government CPI Linked Bond 0.10% 3/10/29 | JPY | 33,044,061 | 318,216 |
318,216 | |||
Spain — 0.51% | |||
Spain Government Inflation Linked Bond 0.15% 11/30/23 | EUR | 414,230 | 528,572 |
528,572 | |||
United Kingdom — 4.34% | |||
United Kingdom Gilt Inflation Linked | |||
0.125% 3/22/29 | GBP | 144,637 | 253,736 |
0.125% 3/22/44 | GBP | 202,187 | 478,599 |
0.125% 3/22/46 | GBP | 203,795 | 498,568 |
0.125% 3/22/58 | GBP | 103,229 | 312,707 |
0.125% 3/22/68 | GBP | 149,277 | 569,458 |
0.25% 3/22/52 | GBP | 107,918 | 302,381 |
0.625% 3/22/40 | GBP | 226,372 | 542,075 |
1.125% 11/22/37 | GBP | 129,159 | 316,737 |
1.25% 11/22/32 | GBP | 268,990 | 578,926 |
1.875% 11/22/22 | GBP | 428,139 | 644,766 |
4,497,953 | |||
Total Sovereign Bonds (cost $8,557,228) | 9,505,198 | ||
US Treasury Obligations — 5.25% | |||
US Treasury Inflation Indexed Bonds | |||
1.00% 2/15/49 | 215,103 | 297,862 |
NQ-095 [1/21] 3/21 (1551941) 5
Schedule of investments
Delaware Global Listed Real Assets Fund (Unaudited)
Principal amount° | Value (US $) | ||
US Treasury Obligations (continued) | |||
US Treasury Inflation Indexed Bonds | |||
1.375% 2/15/44 | 265,746 | $379,816 | |
2.125% 2/15/40 | 127,623 | 196,541 | |
US Treasury Inflation Indexed Notes | |||
0.25% 7/15/29 | 940,022 | 1,069,124 | |
0.50% 1/15/28 | 291,494 | 333,250 | |
0.625% 4/15/23 | 1,107,377 | 1,172,997 | |
0.625% 1/15/26 | 1,772,127 | 1,993,842 | |
Total US Treasury Obligations (cost $5,065,667) | 5,443,432 |
Number of shares | |||
Common Stock — 62.57% | |||
Consumer Staples — 1.98% | |||
Archer-Daniels-Midland | 9,825 | 491,348 | |
Bunge | 18,057 | 1,181,650 | |
Sanderson Farms | 2,751 | 374,659 | |
2,047,657 | |||
Energy — 9.64% | |||
Chevron | 10,307 | 878,156 | |
Cimarex Energy | 9,175 | 387,002 | |
Denbury † | 41,787 | 1,195,526 | |
Enbridge | 30,989 | 1,041,085 | |
EQT | 49,130 | 801,310 | |
Equinor ADR | 40,365 | 715,672 | |
Kimbell Royalty Partners | 44,473 | 371,794 | |
Overseas Shipholding Group Class A † | 105,601 | 218,594 | |
Schlumberger | 51,050 | 1,133,821 | |
Suncor Energy | 55,188 | 923,145 | |
TC Energy | 25,204 | 1,080,298 | |
Valero Energy | 22,008 | 1,241,911 | |
9,988,314 | |||
Financials — 0.84% | |||
Uranium Participation † | 253,293 | 871,546 | |
871,546 | |||
Industrials — 11.65% | |||
Aena SME 144A #, † | 6,769 | 1,043,894 | |
ALEATICA | 984,949 | 1,021,034 | |
Arcosa | 20,037 | 1,117,864 | |
Atlantia † | 65,146 | 1,032,044 | |
Atlas Arteria | 215,764 | 1,039,922 | |
East Japan Railway | 17,300 | 1,141,145 |
6 NQ-095 [1/21] 3/21 (1551941)
(Unaudited)
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
Industrials (continued) | |||
Enav 144A # | 253,134 | $1,072,766 | |
Sacyr | 476,279 | 1,042,876 | |
Sydney Airport † | 220,298 | 957,261 | |
TPI Composites † | 8,226 | 492,820 | |
Transurban Group | 107,516 | 1,083,342 | |
Vinci | 11,072 | 1,026,686 | |
12,071,654 | |||
Materials — 8.34% | |||
Acadian Timber | 50,676 | 650,317 | |
Air Products and Chemicals | 1,851 | 493,773 | |
Barrick Gold | 42,429 | 947,623 | |
CF Industries Holdings | 20,598 | 852,345 | |
FMC | 4,074 | 441,173 | |
Hudbay Minerals | 208,379 | 1,185,677 | |
Louisiana-Pacific | 12,241 | 465,280 | |
Newmont | 20,847 | 1,242,481 | |
Nutrien | 24,366 | 1,198,076 | |
Steel Dynamics | 14,339 | 491,398 | |
West Fraser Timber | 6,614 | 423,813 | |
Wheaton Precious Metals | 6,167 | 253,279 | |
8,645,235 | |||
Real Estate Operating Companies/Developer — 2.56% | |||
Castellum | 11,371 | 272,806 | |
CK Asset Holdings | 65,000 | 324,319 | |
Grainger | 40,368 | 146,777 | |
Kojamo | 10,315 | 219,821 | |
Mitsubishi Estate | 24,200 | 382,844 | |
Mitsui Fudosan | 9,800 | 198,917 | |
New World Development | 21,031 | 97,375 | |
Nyfosa † | 17,105 | 165,274 | |
Sun Hung Kai Properties | 32,500 | 443,957 | |
TAG Immobilien † | 4,091 | 125,621 | |
Tokyo Tatemono | 7,996 | 107,950 | |
Wihlborgs Fastigheter | 8,000 | 164,288 | |
2,649,949 | |||
REIT Diversified — 2.51% | |||
Activia Properties | 61 | 243,921 | |
Ascendas Real Estate Investment Trust | 43,035 | 99,296 | |
Charter Hall Group | 25,017 | 258,490 | |
Fastighets Balder Class B † | 3,604 | 180,108 | |
Inmobiliaria Colonial Socimi | 4,073 | 39,156 |
NQ-095 [1/21] 3/21 (1551941) 7
Schedule of investments
Delaware Global Listed Real Assets Fund (Unaudited)
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
REIT Diversified (continued) | |||
Mapletree Logistics Trust | 141,900 | $210,458 | |
NIPPON REIT Investment | 61 | 216,851 | |
Weyerhaeuser | 43,548 | 1,358,262 | |
2,606,542 | |||
REIT Healthcare — 1.58% | |||
Alexandria Real Estate Equities | 2,834 | 473,590 | |
Assura | 136,182 | 134,864 | |
Healthcare Realty Trust | 6,856 | 205,748 | |
Healthpeak Properties | 6,467 | 191,746 | |
Omega Healthcare Investors | 4,498 | 162,918 | |
Sabra Health Care REIT | 11,461 | 192,430 | |
Welltower | 4,566 | 276,700 | |
1,637,996 | |||
REIT Hotel — 0.36% | |||
Host Hotels & Resorts | 6,845 | 92,750 | |
VICI Properties | 11,076 | 280,001 | |
372,751 | |||
REIT Industrial — 2.66% | |||
Americold Realty Trust | 2,441 | 85,215 | |
Duke Realty | 4,229 | 167,299 | |
GLP J-REIT | 146 | 235,213 | |
Goodman Group | 28,791 | 387,440 | |
Granite Real Estate Investment Trust | 3,703 | 216,895 | |
Industrial & Infrastructure Fund Investment | 110 | 198,005 | |
Mapletree Industrial Trust | 93,100 | 200,469 | |
Prologis | 8,280 | 854,496 | |
Rexford Industrial Realty | 4,583 | 224,292 | |
Segro | 14,805 | 192,680 | |
2,762,004 | |||
REIT Information Technology — 1.04% | |||
American Tower | 879 | 199,849 | |
Digital Realty Trust | 3,899 | 561,261 | |
Equinix | 212 | 156,872 | |
SBA Communications | 591 | 158,784 | |
1,076,766 | |||
REIT Mall — 0.63% | |||
Simon Property Group | 7,038 | 654,041 | |
654,041 |
8 NQ-095 [1/21] 3/21 (1551941)
(Unaudited)
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
REIT Manufactured Housing — 0.70% | |||
Equity LifeStyle Properties | 5,419 | $329,692 | |
Sun Communities | 2,741 | 392,319 | |
722,011 | |||
REIT Multifamily — 2.97% | |||
Apartment Income REIT † | 3,141 | 121,777 | |
Apartment Investment and Management Class A | 3,141 | 14,417 | |
AvalonBay Communities | 2,536 | 415,067 | |
Bluerock Residential Growth REIT | 12,327 | 128,940 | |
Camden Property Trust | 751 | 76,715 | |
Daiwa Securities Living Investments | 270 | 259,473 | |
Deutsche Wohnen | 4,894 | 242,187 | |
Equity Residential | 7,540 | 464,766 | |
Essex Property Trust | 1,589 | 380,740 | |
Killam Apartment Real Estate Investment Trust | 12,565 | 172,545 | |
UDR | 3,662 | 140,804 | |
Vonovia | 9,821 | 655,748 | |
3,073,179 | |||
REIT Office — 1.77% | |||
Boston Properties | 3,376 | 308,127 | |
Cousins Properties | 4,007 | 126,381 | |
Daiwa Office Investment | 22 | 142,629 | |
Equity Commonwealth | 6,246 | 178,073 | |
Highwoods Properties | 5,312 | 199,147 | |
Hudson Pacific Properties | 6,733 | 157,821 | |
Kilroy Realty | 5,620 | 318,261 | |
Piedmont Office Realty Trust Class A | 8,763 | 134,775 | |
SL Green Realty | 3,984 | 268,824 | |
1,834,038 | |||
REIT Retail — 0.43% | |||
Japan Retail Fund Investment | 126 | 239,090 | |
Link REIT | 23,900 | 207,338 | |
446,428 | |||
REIT Self-Storage — 0.47% | |||
Extra Space Storage | 3,278 | 373,004 | |
Public Storage | 515 | 117,224 | |
490,228 | |||
REIT Shopping Center — 0.22% | |||
Federal Realty Investment Trust | 907 | 79,417 |
NQ-095 [1/21] 3/21 (1551941) 9
Schedule of investments
Delaware Global Listed Real Assets Fund (Unaudited)
Number of shares | Value (US $) | ||
Common Stock (continued) | |||
REIT Shopping Center (continued) | |||
Regency Centers | 1,782 | $84,075 | |
SITE Centers | 6,192 | 68,669 | |
232,161 | |||
REIT Single Tenant — 0.36% | |||
Four Corners Property Trust | 6,045 | 159,346 | |
Spirit Realty Capital | 5,672 | 218,713 | |
378,059 | |||
REIT Specialty — 0.80% | |||
Civitas Social Housing | 100,000 | 147,403 | |
Innovative Industrial Properties | 1,511 | 282,738 | |
Invitation Homes | 13,584 | 400,457 | |
830,598 | |||
Utilities — 11.06% | |||
Atmos Energy | 12,091 | 1,076,099 | |
Hydro One 144A # | 44,348 | 1,027,590 | |
Infraestructura Energetica Nova † | 291,071 | 1,064,662 | |
National Grid | 87,088 | 1,011,588 | |
PPL | 38,203 | 1,057,077 | |
Sempra Energy | 8,571 | 1,060,747 | |
Severn Trent | 32,344 | 1,022,489 | |
Snam | 190,707 | 1,000,012 | |
Spark Infrastructure Group | 643,193 | 1,077,812 | |
Terna Rete Elettrica Nazionale | 141,518 | 1,026,310 | |
United Utilities Group | 82,391 | 1,038,522 | |
11,462,908 | |||
Total Common Stock (cost $59,348,398) | 64,854,065 | ||
Master Limited Partnerships — 1.32% | |||
Black Stone Minerals | 67,752 | 577,924 | |
Enviva Partners | 15,880 | 791,142 | |
Total Master Limited Partnerships (cost $1,087,470) | 1,369,066 | ||
Rights — 0.02% | |||
Mapletree Logistics Trust † | 417,119 | 20,754 | |
Total Rights (cost $21,309) | 20,754 | ||
10 NQ-095 [1/21] 3/21 (1551941)
(Unaudited)
Number of shares | Value (US $) | ||
Short-Term Investments — 1.94% | |||
Money Market Mutual Funds — 1.94% | |||
BlackRock FedFund – Institutional Shares (seven-day effective yield 0.01%) | 503,715 | $503,715 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 0.01%) | 503,715 | 503,715 | |
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 0.02%) | 503,715 | 503,715 | |
Morgan Stanley Government Portfolio – Institutional Share Class (seven-day effective yield 0.00%) | 503,715 | 503,715 | |
Total Short-Term Investments (cost $2,014,860) | 2,014,860 | ||
Total Value of Securities—100.40% (cost $96,149,445) | 104,058,369 | ||
Liabilities Net of Receivables and Other Assets—(0.40%) | (414,841) | ||
Net Assets Applicable to 8,164,125 Shares Outstanding—100.00% | $103,643,528 |
° | Principal amount shown is stated in USD unless noted that the security is denominated in another currency. |
# | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At January 31, 2021, the aggregate value of Rule 144A securities was $13,653,459, which represents 13.17% of the Fund's net assets. |
* | PIK. 100% of the income received was in the form of principal. |
• | Variable rate investment. Rates reset periodically. Rate shown reflects the rate in effect at January 31, 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. |
X | This loan will settle after January 31, 2021, at which time the interest rate, based on the LIBOR and the agreed upon spread on trade date, will be reflected. |
Δ | Securities have been classified by country of origin. |
† | Non-income producing security. |
NQ-095 [1/21] 3/21 (1551941) 11
Schedule of investments
Delaware Global Listed Real Assets Fund (Unaudited)
The following foreign currency exchange contracts were outstanding at January 31, 2021:
Foreign Currency Exchange Contracts | ||||||||||||
Counterparty | Currency to Receive (Deliver) | In Exchange For | Settlement Date | Unrealized Appreciation | Unrealized Depreciation | |||||||
BNYM | EUR | 20,725 | USD | (25,156) | 2/1/21 | $— | $(4) | |||||
BNYM | GBP | (12,544) | USD | 17,202 | 2/1/21 | 14 | — | |||||
BNYM | MXN | 643,801 | USD | (31,431) | 2/3/21 | — | (42) | |||||
CITI | CAD | (30,000) | USD | 23,461 | 4/8/21 | — | (2) | |||||
CITI | EUR | (11,000) | USD | 13,393 | 4/8/21 | 23 | — | |||||
JPMCB | AUD | (342,318) | USD | 263,311 | 4/8/21 | 1,588 | — | |||||
JPMCB | CAD | (720,940) | USD | 563,186 | 4/8/21 | — | (682) | |||||
JPMCB | EUR | (3,137,146) | USD | 3,824,636 | 4/8/21 | 11,498 | — | |||||
JPMCB | GBP | (3,250,704) | USD | 4,385,313 | 4/8/21 | — | (70,397) | |||||
JPMCB | JPY | (33,309,397) | USD | 319,735 | 4/8/21 | 1,499 | — | |||||
Total Foreign Currency Exchange Contracts | $14,622 | $(71,127) |
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 contracts presented above represent the Fund's total exposure in such contracts, whereas only the net unrealized appreciation (depreciation) is reflected in the Fund's net assets.
Summary of abbreviations: |
ADR – American Depositary Receipt |
BNYM – Bank of New York Mellon |
CITI – Citigroup |
CPI – Consumer Price Index |
GS – Goldman Sachs |
ICE – Intercontinental Exchange, Inc. |
JPMCB – JPMorgan Chase Bank |
LIBOR – London interbank offered rate |
LIBOR01M – ICE LIBOR USD 1 Month |
LIBOR03M – ICE LIBOR USD 3 Month |
LIBOR06M – ICE LIBOR USD 6 Month |
OAT – Obligations Assimilables du Tresor |
PIK – Payment-in-kind |
REIT – Real Estate Investment Trust |
TBD – To be determined |
Summary of currencies: |
AUD – Australian Dollar |
12 NQ-095 [1/21] 3/21 (1551941)
(Unaudited)
Summary of currencies: (continued) |
CAD – Canadian Dollar |
EUR – European Monetary Unit |
GBP – British Pound Sterling |
JPY – Japanese Yen |
MXN – Mexican Peso |
USD – US Dollar |
NQ-095 [1/21] 3/21 (1551941) 13