Schedule of investments
Delaware VIP® Trust — Delaware VIP Growth and Income Series
September 30, 2023 (Unaudited)
Number of shares | Value (US $) | ||
Common Stocks — 99.34%♦ | |||
Communication Services — 10.43% | |||
AT&T | 557,812 | $ 8,378,336 | |
Comcast Class A | 387,191 | 17,168,049 | |
Meta Platforms Class A † | 66,039 | 19,825,568 | |
Verizon Communications | 395,245 | 12,809,891 | |
58,181,844 | |||
Consumer Discretionary — 9.77% | |||
AutoZone † | 1,742 | 4,424,662 | |
Booking Holdings † | 782 | 2,411,649 | |
Ford Motor | 570,687 | 7,087,932 | |
Gap | 288,562 | 3,067,414 | |
General Motors | 123,742 | 4,079,774 | |
Kohl's | 34,133 | 715,428 | |
Lowe's | 32,038 | 6,658,778 | |
Macy's | 408,524 | 4,742,964 | |
NIKE Class B | 43,006 | 4,112,234 | |
Tapestry | 94,858 | 2,727,167 | |
TJX | 162,624 | 14,454,021 | |
54,482,023 | |||
Consumer Staples — 4.76% | |||
Altria Group | 197,392 | 8,300,334 | |
Philip Morris International | 196,882 | 18,227,335 | |
26,527,669 | |||
Energy — 13.69% | |||
Chevron | 47,816 | 8,062,734 | |
ConocoPhillips | 107,120 | 12,832,976 | |
Exxon Mobil | 288,770 | 33,953,577 | |
Marathon Petroleum | 94,259 | 14,265,157 | |
Valero Energy | 51,004 | 7,227,777 | |
76,342,221 | |||
Financials — 25.49% | |||
American Financial Group | 38,297 | 4,276,626 | |
American International Group | 118,443 | 7,177,646 | |
Bank of New York Mellon | 157,426 | 6,714,219 | |
Blackstone | 99,998 | 10,713,786 | |
Charles Schwab | 140,744 | 7,726,845 | |
Discover Financial Services | 15,248 | 1,320,934 | |
Evercore Class A | 54,849 | 7,562,580 | |
F&G Annuities & Life | 12,229 | 343,146 | |
Fidelity National Financial | 126,092 | 5,207,600 | |
KeyCorp | 161,896 | 1,742,001 | |
Lincoln National | 188,172 | 4,645,967 | |
Mastercard Class A | 2,500 | 989,775 | |
MetLife | 251,014 | 15,791,291 | |
Old Republic International | 289,781 | 7,806,700 | |
OneMain Holdings | 179,999 | 7,216,160 | |
PayPal Holdings † | 33,581 | 1,963,145 | |
PNC Financial Services Group | 74,691 | 9,169,814 | |
Rithm Capital | 617,071 | 5,732,589 |
Number of shares | Value (US $) | ||
Common Stocks♦ (continued) | |||
Financials (continued) | |||
SEI Investments | 45,879 | $ 2,763,292 | |
Synchrony Financial | 344,542 | 10,532,649 | |
TPG | 39,506 | 1,189,921 | |
Truist Financial | 302,044 | 8,641,479 | |
Unum Group | 99,470 | 4,892,929 | |
Western Union | 610,787 | 8,050,173 | |
142,171,267 | |||
Healthcare — 16.56% | |||
Bristol-Myers Squibb | 323,776 | 18,791,959 | |
Cigna Group | 63,268 | 18,099,077 | |
CVS Health | 149,416 | 10,432,225 | |
Gilead Sciences | 255,437 | 19,142,449 | |
McKesson | 6,268 | 2,725,640 | |
Merck & Co. | 208,225 | 21,436,763 | |
Pfizer | 52,348 | 1,736,383 | |
92,364,496 | |||
Industrials — 5.48% | |||
Builders FirstSource † | 25,815 | 3,213,710 | |
Delta Air Lines | 200,020 | 7,400,740 | |
Emerson Electric | 84,504 | 8,160,551 | |
Honeywell International | 54,232 | 10,018,820 | |
RTX | 24,158 | 1,738,651 | |
30,532,472 | |||
Information Technology — 13.16% | |||
Broadcom | 13,898 | 11,543,401 | |
Cisco Systems | 474,931 | 25,532,290 | |
Cognizant Technology Solutions Class A | 108,848 | 7,373,363 | |
HP | 195,070 | 5,013,299 | |
KLA | 4,054 | 1,859,408 | |
Microchip Technology | 40,547 | 3,164,693 | |
Motorola Solutions | 59,136 | 16,099,185 | |
QUALCOMM | 25,045 | 2,781,498 | |
73,367,137 | |||
Total Common Stocks (cost $480,972,021) | 553,969,129 | ||
Short-Term Investments — 0.56% | |||
Money Market Mutual Funds — 0.56% | |||
BlackRock Liquidity FedFund – Institutional Shares (seven-day effective yield 5.24%) | 776,811 | 776,811 | |
Fidelity Investments Money Market Government Portfolio – Class I (seven-day effective yield 5.23%) | 776,813 | 776,813 |
NQ-FL2 [0923] 1123 (3217044) 1
Schedule of investments
Delaware VIP® Trust — Delaware VIP Growth and Income Series
Number of shares | Value (US $) | ||
Short-Term Investments (continued) | |||
Money Market Mutual Funds (continued) | |||
Goldman Sachs Financial Square Government Fund – Institutional Shares (seven-day effective yield 5.37%) | 776,813 | $ 776,813 | |
Morgan Stanley Institutional Liquidity Funds Government Portfolio – Institutional Class (seven-day effective yield 5.27%) | 776,813 | 776,813 | |
Total Short-Term Investments (cost $3,107,250) | 3,107,250 | ||
Total Value of Securities—99.90% (cost $484,079,271) | 557,076,379 | ||
Receivables and Other Assets Net of Liabilities—0.10% | 579,449 | ||
Net Assets Applicable to 19,022,216 Shares Outstanding—100.00% | $557,655,828 |
♦ | Narrow industries are utilized for compliance purposes for concentration whereas broad sectors are used for financial reporting. |
† | Non-income producing security. |
2 NQ-FL2 [0923] 1123 (3217044)