Schedule of investments
Delaware Climate Solutions Fund
June 30, 2023 (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks — 99.26%♦ | |||
Consumer Discretionary — 3.68% | |||
BorgWarner | 160,767 | $ 7,863,114 | |
7,863,114 | |||
Consumer Staples — 6.43% | |||
Archer-Daniels-Midland | 85,315 | 6,446,401 | |
Darling Ingredients † | 114,510 | 7,304,593 | |
13,750,994 | |||
Energy — 15.90% | |||
Denbury † | 72,453 | 6,249,796 | |
Equinor | 216,147 | 6,293,957 | |
Occidental Petroleum | 111,920 | 6,580,896 | |
Schlumberger | 150,533 | 7,394,181 | |
Valero Energy | 64,017 | 7,509,194 | |
34,028,024 | |||
Industrials — 21.24% | |||
AP Moller - Maersk Class B | 1,709 | 3,004,845 | |
Cummins | 31,873 | 7,813,985 | |
Kingspan Group | 104,049 | 6,925,899 | |
Li-Cycle Holdings † | 631,247 | 3,503,421 | |
Net Power † | 262,059 | 3,406,767 | |
NuScale Power † | 296,347 | 2,015,160 | |
Schneider Electric | 40,115 | 7,287,962 | |
Sunrun † | 219,907 | 3,927,539 | |
Waste Management | 43,606 | 7,562,152 | |
45,447,730 | |||
Materials — 11.27% | |||
Alcoa | 177,179 | 6,011,683 | |
Anglo American | 224,950 | 6,405,117 | |
Holcim † | 74,959 | 5,052,780 | |
Nutrien | 112,662 | 6,652,691 | |
24,122,271 | |||
Real Estate — 3.41% | |||
Weyerhaeuser | 217,703 | 7,295,227 | |
7,295,227 | |||
Utilities — 37.33% | |||
AES | 304,232 | 6,306,729 | |
Ameren | 77,642 | 6,341,022 | |
American Electric Power | 70,009 | 5,894,758 | |
CMS Energy | 105,845 | 6,218,394 | |
Iberdrola | 539,862 | 7,049,950 | |
NextEra Energy | 85,152 | 6,318,279 | |
Northland Power | 269,339 | 5,617,540 | |
Orsted 144A # | 73,182 | 6,937,824 |
Number of shares | Value (US $) | ||
Common Stocks♦ (continued) | |||
Utilities (continued) | |||
ReNew Energy Global Class A † | 510,009 | $ 2,794,849 | |
RWE | 154,060 | 6,713,367 | |
SSE | 298,432 | 6,998,259 | |
Terna - Rete Elettrica Nazionale | 803,322 | 6,851,666 | |
Xcel Energy | 93,848 | 5,834,530 | |
79,877,167 | |||
Total Common Stocks (cost $210,542,107) | 212,384,527 | ||
Short-Term Investments — 0.78% | |||
Money Market Mutual Funds — 0.78% | |||
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 4.99%) | 414,905 | 414,905 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 4.99%) | 414,905 | 414,905 | |
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 5.14%) | 414,905 | 414,905 | |
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 5.03%) | 414,905 | 414,905 | |
Total Short-Term Investments (cost $1,659,620) | 1,659,620 | ||
Total Value of Securities—100.04% (cost $212,201,727) | 214,044,147 | ||
Liabilities Net of Receivables and Other Assets—(0.04%) | (79,428) | ||
Net Assets Applicable to 21,801,533 Shares Outstanding—100.00% | $213,964,719 |
♦ | Narrow industries are utilized for compliance purposes for concentration whereas broad sectors are used for financial reporting. |
† | Non-income producing security. |
# | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At June 30, 2023, the aggregate value of Rule 144A securities was $6,937,824, which represents 3.24% of the Fund's net assets. |
NQ- IV061 [0623] 0823 (3049982) 1