Delaware Diversified Income Fund reduces contingent deferred sales fee

By Toni Weeks

San Diego, Dec. 12 - The Delaware Diversified Income Fund will change the contingent deferred sales charge for its class B shares, according to a 497 filing with the Securities and Exchange Commission.

Investors who redeem class B shares during the first year after purchase will pay a contingent deferred sales charge of 4%, which now will decline to 3% during the second year, 2.25% during the third year, 1.5% during the fourth and fifth years, 1% during the sixth year and 0% after that.

Previously, the charge declined to 3.25% during the second year, 2.75% during the third year, 2.25% during the fourth and fifth years, 1.5% during the sixth year and 0% after that.

Class C shares are still subject to a 1% contingent deferred sales charge if redeemed within the first year of purchase.

Philadelphia-based Delaware Management Co., a member of Macquarie Group, is the fund's investment manager.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.