FLDKX : Delaware Limited Duration Bond Fund Class A

Fund Summary

The investment seeks current income consistent with low volatility of principal. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in investment grade bonds (80% policy). It will maintain an average effective duration from one to three years. The fund may invest up to 20% of its net assets in below-investment-grade securities (also known as high yield or "junk" bonds). It may also invest up to 30% of its net assets in foreign securities, including up to 10% of its net assets in securities of issuers located in emerging markets.