Today, the following four Delaware Investments municipal income funds, all closed-end management investment companies, declare their monthly income dividends: Delaware Investments Arizona Municipal Income Fund, Inc., Delaware Investments Colorado Municipal Income Fund, Inc., Delaware Investments National Municipal Income Fund, and Delaware Investments Minnesota Municipal Income Fund II, Inc. (together, the "Funds"). The investment objective of each Fund, other than Delaware Investments National Municipal Income Fund, is to provide current income exempt from federal income tax and from the personal income tax of its state, if any, consistent with the preservation of capital. The investment objective of Delaware Investments National Municipal Income Fund is to provide current income exempt from regular federal income tax consistent with the preservation of capital. In addition, each Fund has the ability to utilize leveraging techniques in an attempt to obtain a higher return for the Fund. At present, the Funds do not have any outstanding leverage.
The following dates apply to today's dividend announcement:
| Declaration date: | Â | 2/2/2010 |
| Ex-date: | 2/10/2010 | |
| Record date: | 2/12/2010 | |
| Payable date: | 2/26/2010 |
The dividend distributions1 are as follows:
| Â | Â | Â |
| FUND | Â | Dividend per |
| Delaware Investments Arizona Municipal Income Fund, Inc. (VAZ)2 | Â | $0.040000 |
| Delaware Investments Colorado Municipal Income Fund, Inc. (VCF)3 | Â | $0.047500 |
| Delaware Investments National Municipal Income Fund (VFL) | Â | $0.042500 |
| Delaware Investments Minnesota Municipal Income Fund II, Inc. (VMM)4 | Â | $0.047500 |
(1)The dividends are exempt from federal income tax.
(2) The dividend is exempt from Arizona state personal income tax.
(3)The dividend is exempt from Colorado state personal income tax.
(4)The dividend is exempt from Minnesota state personal income tax.
About Delaware Investments
Delaware Investments, a member of Macquarie Group, is a U.S.-based diversified asset management firm with more than $130 billion in assets under management (as of Dec. 31, 2009)1. Through a team of talented investment professionals, the firm manages assets across all major asset classes for a wide range of institutional and individual investors. Delaware Investments is supported by the resources of Macquarie Group (ASX: MQG), a global provider of asset management, investment, banking, financial and advisory services with approximately $319 billion in assets under management (pro forma as of Nov. 30, 2009).
Delaware Investments is the marketing name for Delaware Management Holdings, Inc. and its subsidiaries. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide. For more information, visit www.delawareinvestments.com or for shareholder-related questions, call 800 523-1918.
1 Adjusted to reflect Dec. 31, 2009 value of assets that transferred to a former affiliate on Jan. 4, 2010.
Delaware Investments is not an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and its obligations do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (MBL). MBL does not guarantee or otherwise provide assurance in respect of the obligations of Delaware Investments.
www.delawareinvestments.com
Delaware Investments refers to Delaware Management Holdings, Inc. and its subsidiaries. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide.
Contacts:
Shareholder Contact
Delaware Distributors L.P.
1-800-523-1918
or
Media
Contacts
Delaware Investments
Marlene Petter, 215-255-1427
or
Macquarie
Group
Alex Doughty, 212-231-1310
