Delaware Board OKs Funds Reorganization

Delaware Investments has received approval from its board for the reorganization of the Delaware Investments Global Dividend and Income Fund (DGF) and the Delaware Enhanced Global Dividend and Income Fund (DEX). DEX will now purchase all assets and certain liabilities of DGF in exchange for recently issued common shares of DEX.

The agreement and plan of reorganization also includes the distribution of newly issued common shares of DEX to holders of common shares of DGF and the dissolution of DGF thereafter. BNY Mellon Shareowner Services, the fund’s transfer agent, may assist DGF shareholders in this process.

Click here for the release from Business Wire.