Macquarie National High Yield Municipal Bond Fund Class C (DVHCX)

Fund Assets	2.16B
Expense Ratio	1.60%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.39
Dividend Yield	4.05%
Dividend Growth	-1.73%
Payout Frequency	Monthly
Ex-Dividend Date	Jun 30, 2025

Previous Close	9.70
YTD Return	-4.07%
1-Year Return	-2.39%
5-Year Return	5.04%
52-Week Low	9.48
52-Week High	10.57
Beta (5Y)	0.39
Holdings	828
Inception Date	May 26, 1997

About DVHCX

The Fund's investment strategy focuses on High Yield Muni with 1.6% total expense ratio. The minimum amount to invest in Voyageur Mutual Funds: Delaware National High-Yield Municipal Bond Fund; Class C Shares is $1,000 on a standard taxable account. Voyageur Mutual Funds: Delaware National High-Yield Municipal Bond Fund; Class C Shares seeks a high level of income exempt from federal income tax, primarily through investment in medium and lower grade municipal obligations.

• Category: High Yield Muni
• Stock Exchange: NASDAQ
• Ticker Symbol: DVHCX
• Share Class: Class C
• Index: Bloomberg Municipal Bond TR

Performance

DVHCX had a total return of -2.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.73%.

Chart

Bar chart with 6 bars.

The chart has 1 X axis displaying categories.

The chart has 1 Y axis displaying values. Data ranges from -4.074367088607603 to 3.729.

End of interactive chart.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DVHIX	Institutional Class	0.60%
CXHYX	Class A	0.85%

Top 10 Holdings

13.03% of assets

Name	Symbol	Weight
GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO 7.5%	PR.PRCDEV 7.5 08.20.2040	2.03%
PUERTO RICO COMWLTH 4%	PR.PRC 4 07.01.2046	1.96%
TOBACCO SETTLEMENT FING CORP VA 0%	VA.TOBGEN 0 06.01.2047	1.31%
PUERTO RICO COMWLTH 0%	PR.PRC 11.01.2043	1.23%
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%	OH.BUCGEN 5 06.01.2055	1.14%
CALIFORNIA EDL FACS AUTH REV 5%	CA.CASEDU 5 05.01.2049	1.13%
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%	PR.PRCGEN 4.75 07.01.2053	1.11%
FLORIDA DEV FIN CORP REV 12%	FL.FLSDEV 07.15.2032	1.08%
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 9.5%	CA.CASDEV 01.01.2065	1.02%
GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV 0%	CA.GLDGEN 0 06.01.2066	1.01%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2025	$0.033	Jul 1, 2025
May 30, 2025	$0.033	Jun 2, 2025
Apr 30, 2025	$0.032	May 1, 2025
Mar 31, 2025	$0.032	Apr 1, 2025
Feb 28, 2025	$0.029	Mar 3, 2025
Jan 31, 2025	$0.03259	Jan 31, 2025