Schedule of investments
Delaware Global Equity Fund
June 30, 2022 (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks – 97.80%Δ | |||
Denmark − 3.75% | |||
Novo Nordisk Class B | 61,920 | $ 6,867,641 | |
6,867,641 | |||
France − 11.91% | |||
Air Liquide | 49,840 | 6,691,686 | |
Danone | 95,500 | 5,330,219 | |
Orange | 397,860 | 4,678,037 | |
Sodexo | 73,030 | 5,132,222 | |
21,832,164 | |||
Germany − 10.21% | |||
adidas AG | 27,510 | 4,865,200 | |
Fresenius Medical Care AG & Co. | 111,200 | 5,550,421 | |
Knorr-Bremse | 39,910 | 2,276,045 | |
SAP | 66,020 | 6,014,309 | |
18,705,975 | |||
Japan − 5.75% | |||
Asahi Group Holdings | 78,300 | 2,565,179 | |
Kao | 111,800 | 4,508,915 | |
Makita | 69,000 | 1,719,915 | |
Seven & i Holdings | 45,200 | 1,754,631 | |
10,548,640 | |||
Netherlands − 3.50% | |||
Koninklijke Ahold Delhaize | 246,560 | 6,423,390 | |
6,423,390 | |||
Spain − 4.39% | |||
Amadeus IT Group † | 144,440 | 8,046,611 | |
8,046,611 | |||
Sweden − 6.59% | |||
Essity Class B | 205,980 | 5,378,163 | |
H & M Hennes & Mauritz Class B | 244,110 | 2,915,074 | |
Securitas Class B | 438,580 | 3,777,968 | |
12,071,205 | |||
Switzerland − 2.41% | |||
Swatch Group | 18,630 | 4,420,149 | |
4,420,149 | |||
United Kingdom − 8.97% | |||
Diageo | 145,610 | 6,257,848 | |
Intertek Group | 67,260 | 3,443,688 | |
Smith & Nephew | 482,790 | 6,743,861 | |
16,445,397 | |||
United States − 40.32% | |||
Clorox | 47,770 | 6,734,615 | |
Conagra Brands | 144,070 | 4,932,957 | |
Henry Schein † | 85,610 | 6,569,711 | |
Ingredion | 60,690 | 5,350,430 | |
Kimberly-Clark | 51,860 | 7,008,879 |
Number of shares | Value (US $) | ||
Common StocksΔ (continued) | |||
United States (continued) | |||
Lamb Weston Holdings | 123,140 | $ 8,799,584 | |
Merck & Co. | 88,350 | 8,054,870 | |
Nestle | 70,640 | 8,246,081 | |
Otis Worldwide | 25,610 | 1,809,859 | |
Parker-Hannifin | 7,430 | 1,828,152 | |
Pfizer | 117,740 | 6,173,108 | |
Roche Holding | 14,160 | 4,724,944 | |
Visa Class A | 18,690 | 3,679,874 | |
73,913,064 | |||
Total Common Stocks (cost $196,094,733) | 179,274,236 | ||
Exchange-Traded Fund – 1.43% | |||
Vanguard S&P 500 ETF | 7,570 | 2,625,881 | |
Total Exchange-Traded Fund (cost $2,804,791) | 2,625,881 | ||
Short-Term Investments – 0.04% | |||
Money Market Mutual Funds – 0.04% | |||
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 1.32%) | 15,937 | 15,937 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 1.21%) | 15,937 | 15,937 | |
GS Financial Square Government Fund – Institutional Shares (seven-day effective yield 1.39%) | 15,937 | 15,937 | |
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 1.34%) | 15,936 | 15,936 | |
Total Short-Term Investments (cost $63,747) | 63,747 | ||
Total Value of Securities−99.27% (cost $198,963,271) | 181,963,864 | ||
Receivables and Other Assets Net of Liabilities — 0.73% | 1,345,551 |
Net Assets Applicable to 33,227,031 Shares Outstanding — 100.00% | $183,309,415 |
Δ | Securities have been classified by country of risk. |
† | Non-income producing security. |
NQ-QNV [6/22] 8/22 (2351915) 1
Schedule of investments
Delaware Global Equity Fund (Unaudited)
Summary of abbreviations: |
AG – Aktiengesellschaft |
ETF – Exchange-Traded Fund |
GS – Goldman Sachs |
S&P – Standard & Poor’s Financial Services LLC |
2 NQ-QNV [6/22] 8/22 (2351915)