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The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
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Wednesday, August 1, 2007 Portfolio Manager Steps Down From 2 Delaware Funds Jordan L. Irving has stepped down as portfolio manager of the Delaware Investments Global Dividend and Income Fund and the Delaware Investments Dividend and Income Fund to pursue other opportunities within Delaware Investments. The existing portfolio management teams for the two offerings will continue to run the funds. Today, Delaware Investments Global Dividend and Income Fund, Inc. and Delaware Investments Dividend and Income Fund, Inc. (the "Funds"), New York Stock Exchange-listed closed-end funds trading under the symbols "DGF" and "DDF" respectively, announced that Jordan L. Irving will no longer serve as portfolio manager to the Funds in order to pursue other opportunities within Delaware Investments. The existing portfolio management team of D. Tysen Nutt, Jr., Anthony A. Lombardi, Robert A. Vogel, Jr., Nikhil G. Lalvani, Nashira S. Wynn, Zoe A. Neale, Edward A. "Ned" Gray, Todd A. Bassion, Philip R. Perkins, Thomas H. Chow, Babak Zenouzi and Damon J. Andres will continue to manage Delaware Investments Global Dividend and Income Fund, Inc. The existing portfolio management team of Mr. Nutt, Mr. Lombardi, Mr. Vogel, Mr. Lalvani, Ms Wynn, Mr. Chow, Mr. Zenouzi and Mr. Andres will continue to manage Delaware Investments Dividend and Income Fund, Inc. Delaware Investments Global Dividend and Income Fund, Inc. Delaware Investments Global Dividend and Income Fund, Inc. is a diversified, closed-end fund that trades under the symbol "DGF" on the New York Stock Exchange. The Fund's primary investment objective is to seek to provide high current income. Capital appreciation is a secondary objective of the Fund. There is no assurance that the Fund will achieve its investment objective. Delaware Investments Dividend and Income Fund, Inc. Delaware Investments Dividend and Income Fund, Inc. is a diversified, closed-end fund that trades under the symbol "DDF" on the New York Stock Exchange. The Fund's primary investment objective is to seek to provide high current income. Capital appreciation is a secondary objective of the Fund. There is no assurance that the Fund will achieve its investment objective. About Delaware Investments: Delaware Investments, an affiliate of Lincoln Financial Group, is a Philadelphia-based diversified asset management firm with more than $160 billion in assets under management as of June 30, 2007. Through a broad range of managed accounts and portfolios, mutual funds, retirement accounts, sub- advised funds, education savings plans and other investment products, Delaware Investments provides investment services to individual investors and to institutional investors such as private and public pension funds, foundations, and endowment funds. Delaware Investments is the marketing name for Delaware Management Holdings, Inc. and its subsidiaries. For more information on Delaware Investments, visit the company at www.delawareinvestments.com. Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. For more information on Lincoln Financial Group, visit www.lfg.com . Printed from: MFWire.com/story.asp?s=15254 Copyright 2007, InvestmentWires, Inc. All Rights Reserved |