Dividend Declaration: Delaware Investments(R) Global Dividend and Income Fund, Inc. Announces Dividends
* Reuters is not responsible for the content in this press release.
Dividend Declaration: Delaware Investments(R) Global Dividend and Income Fund,
Inc. Announces Dividends
PHILADELPHIA, Nov. 2 /PRNewswire-FirstCall/ -- Today, Delaware Investments
Global Dividend and Income Fund, Inc. (the "Fund"), a New York Stock
Exchange-listed closed-end fund trading under the symbol "DGF," declares a
monthly dividend of $0.0575 per share. This dividend is payable November 27,
2009, to shareholders of record at the close of business on November 13, 2009.
The ex-dividend date will be November 10, 2009.
The Fund is a diversified, closed-end fund. The primary investment objective
is to seek high current income; capital appreciation is a secondary objective.
The Fund seeks to achieve its objectives by investing, under normal
circumstances, at least 50% of its total assets in income-generating equity
securities, including dividend-paying common stocks, convertible securities,
preferred stocks, and other equity-related securities of U.S. and foreign
issuers. Up to 50% of the Fund's total assets may be invested in
nonconvertible debt securities consisting primarily of government and high
yield, high risk corporate bonds of U.S. and foreign issuers.
Under normal market conditions, the Fund will invest: (1) at least 50% of its
total assets in securities of U.S. issuers; and (2) at least 40% of its assets
(including leveraged assets) in securities of non-U.S. issuers, unless market
conditions are not deemed favorable by the Manager, in which case the Fund
would invest at least 30% of its assets (including leveraged assets) in
securities of non-U.S. issuers. The Fund may not, however, invest more than
50% of its total assets in the securities of any developed or emerging markets
foreign country.
The Fund utilizes leveraging techniques in an attempt to obtain higher return
for the Fund. There is no assurance that the Fund will achieve its investment
objectives.
The Fund has implemented a managed distribution policy. Under the policy, the
Fund is managed with a goal of generating as much of the distribution as
possible from net investments income and short-term capital gains. The
balance of the distribution will then come from long-term capital gains to the
extent permitted and, if necessary, a return of capital.
About Delaware Investments:
Delaware Investments, an affiliate of Lincoln Financial Group, is a
Philadelphia-based diversified asset management firm with more than $135
billion in assets under management as of September 30, 2009. Through a broad
range of managed accounts and portfolios, mutual funds, retirement accounts,
sub-advised funds 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 or for shareholder related
questions, call 800 523-1918. 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.lincolnfinancial.com.
On August 18, 2009, Lincoln National Corporation and Macquarie Group
("Macquarie") entered into an agreement pursuant to which Delaware
Investments, including Delaware Management Company, investment adviser to
Delaware Investments Global Dividend and Income Fund, Inc., will be acquired
by Macquarie, an Australia-based global provider of banking, financial,
advisory, investment and funds management services. The transaction is
expected to close on or around December 31, 2009, subject to regulatory
approvals and other customary closing conditions.
SOURCE Delaware Investments
Ayele Ajavon, +1-215-255-1632, AAjavon@delinvest.com, or Laurel O'Brien,
+1-484-583-1735, Laurel.OBrien@lfg.com, both Media Relations of Delaware
Investments
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters