Date:

Share:

Statement Pursuant to Section 19(a) of the Investment Company Act of 1940: DEX CUSIP #: 246060107

Related Articles

Philadelphia – (BUSINESS WIRE) – On December 31, 2021, the Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) (the “Fund”), a closed-end fund, paid a monthly dividend on its common stock of $ 0.0648 per share to listed shareholders. Completion of business on December 23, 2021.

The following table presents the estimated amount of sources of distribution for the purposes of section 19 of the Investment Company Act of 1940, as amended, and the related rules adopted under it. The fund estimates the following percentages, out of the total distribution per share, attributed to (i) net income from investments, (ii) short-term realized net capital gain, (iii) long-term realized net capital gain and (iv) return. Of capital or other source of capital. These percentages are revealed for the current distribution as well as for the cumulative distribution amount per share for the fund so far.

Current distribution from:

Per share ($)

%

Net income from investments

0.0239

36.88%

Net capital gain realized in the short term

0.0090

13.89%

Net realized capital gain for the long term

0.0319

49.23%

Return on capital or other source of capital

0.0000

0.00%

Total (for common stock)

0.0648

100.0%

Cumulative from fiscal year to date

Distributions from:

Per share ($)

%

Net income from investments

0.0239

36.88%

Net capital gain realized in the short term

0.0090

13.89%

Net realized capital gain for the long term

0.0319

49.23%

Return on capital or other source of capital

0.0000

0.00%

Total (for common stock)

0.0648

100.0%

Shareholders are not allowed to draw any conclusions regarding the performance of the fund’s investments from the amount of this distribution or from the terms of the fund’s managed distribution policy. The amounts and sources of distribution reported in this Notice 19 (a) are estimates only and are not given for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend on the investment experience of the Fund during the rest of its fiscal year and may be subject to change based on tax regulations. The fund will send you Form 1099-DIV for the calendar year, which will tell you how to report these distributions for federal income tax purposes.

Subject to the foregoing, the Fund estimates (as of this date) that it has distributed more of its income and net realized capital gains for the fiscal year ending November 30, 2022; Therefore, part of your distribution may be a capital return. Return on capital may occur for example, when some or all of the money you have invested in the fund will be returned to you. Return on capital distribution does not necessarily reflect the investment performance of the fund and should not be confused with ‘return’ or ‘income’.

The following is the return data, based on the change in the net assets value of the fund per share (“NAV”), compared to the annual distribution rate of this current distribution as a percentage of the NAV on the last business day of the previous month. Date of distribution documentation.

Fund and distribution performance information

Fiscal year to date (12/01/2020 to 30/11/2021)

Annual distribution rate as a percentage of NAV ^

7.30%

Cumulative distribution rate on NAV ^^

0.61%

Cumulative Total Refund on NAV *

9.95%

Average annual total return on NAV for a period of 5 years ending on 30/11/2021 **

7.42%

^ Based on the fund’s NAV as of November 30, 2021.

^^ Cumulative distribution rate is the cumulative amount of distributions paid during the fiscal year of the fund ending November 30, 2021, based on the NAV of the fund on November 30, 2021.

* The cumulative total return is based on the change in NAV including paid distributions and on the assumption of reinvestment of these distributions for the period December 1, 2020 to November 30, 2021.

** The average annual total return for 5 years is based on a change in NAV including paid distributions and assuming a reinvestment of these distributions and is until the last business day of the month preceding the month of the current distribution registration date.

While NAV performance may be indicative of the fund’s investment performance, it does not measure a fund’s shareholder’s investment value. The value of a shareholder’s investment in the fund is determined by the market price of the fund, which is based on the supply and demand for the fund’s shares on the open market.

Regarding DEX

The main purpose of the fund’s investment is to seek current income, with the secondary purpose of raising capital. The fund invests worldwide in securities that pay dividends or yields across several types of assets, including but not limited to: securities and shares of large and established companies; Securities issued by real estate companies (including real estate investment funds and operating companies in the real estate industry); securities (such as government bonds; high-grade investment and risk, high-yield corporate bonds; and bonds For conversion); And emerging market securities. The fund also uses enhanced income strategies by engaging in dividend capture trading; Replacement option; And realization of profits in the sale of securities, dividend growth, and fjord currencies. There is no guarantee that the fund will achieve its investment objectives.

Under normal market conditions, the fund will invest: (1) a maximum of 60% of its net assets in securities of US issuers; and (2) at least 40% of its net assets in securities of non-US issuers, unless market conditions are not considered favorable on By the Director, and in this case, the Fund will invest at least 30% of its net assets in securities of non-US issuers; and (3) the Fund may invest up to 25% of its net assets in securities issued by real estate companies (including real estate investment trusts And operating companies in the real estate industry). In addition, the fund uses leverage techniques in an attempt to achieve a higher return for the fund.

The fund has implemented a managed distribution policy. According to the policy, the fund is managed with the aim of generating as much as possible of the distribution from net income from investments 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 on capital. Although the fund may realize capital gains in the current year, such gains may be offset, in whole or in part, by the capital loss transfers of the fund from previous years.

Currently under the fund’s managed distribution policy, the fund makes a monthly distribution to ordinary shareholders at an annual distribution rate target of 7.0% of the fund’s average net asset value (“NAV”) per share. The fund will calculate the average NAV per share from the previous three full months immediately prior to the distribution based on the number of business days in those three months in which the NAV is calculated. The distribution will be calculated as 7.0% of the average NAV of the previous three months per share, divided by 12. The fund will usually divide the amounts needed to meet the fund’s managed distribution policy and the requirements set forth in excise tax rules and sub-chapter M of the internal fund. Income code. This distribution methodology is intended to provide shareholders with a consistent but unsecured income stream, and a targeted annual distribution rate and is intended to reduce the discount between the market price and NAV of the fund’s ordinary shares, but there is no certainty that the policy will succeed. The methodology for determining monthly distributions under the fund’s managed distribution policy will be reviewed at least annually by the fund’s board of trustees, and the fund will continue to evaluate its distribution in light of current market conditions.

Payment of a dividend distribution in accordance with the managed distribution policy may result in a decrease in the net fund’s assets. A decrease in the fund’s net assets may result in an increase in the fund’s annual operating expenses and a decrease in the market price per share of the fund if the market price closely correlates with the net assets value of the fund per share. The managed distribution policy may also adversely affect the fund’s investment activity to the extent that the fund is required to hold larger cash positions than it would normally hold or to the extent that the fund must liquidate unsecured securities, for that purpose. Of the payment of the dividend distribution. The managed distribution policy may, in certain circumstances, cause the taxable distribution amounts to exceed the minimum amount required for distribution under the tax rules, such a surplus will be taxable as ordinary income as the losses carried forward will reduce the amount of capital required in that year. Investors should consult their tax advisor regarding federal, state, and local tax considerations that may apply in their specific circumstances.

On Macquarie Investment Management

Macquarie Investment Management, a member of the Macquarie Group, includes the former Delaware Investments and is a global asset manager with offices throughout the United States, Europe, Asia and Australia. As active managers, we prioritize autonomy and team-level responsibility in pursuit of opportunities that are important to customers. Macquarie Investment Management is supported by the resources of Macquarie Group (ASX: MQG; ADR: MQBKY), a global provider of asset management, investment, banking, financial and advisory services.

The consulting services are provided by Macquarie Investment Management Business Trust, a registered investment advisor. Macquarie Group refers to Macquarie Group Limited and its subsidiaries and affiliates worldwide. Learn more about Delaware funds® By Macquarie, visit delawarefunds.com or call 800 523-1918.

Except for Macquarie Bank Limited (MBL), none of the entities mentioned in this document are institutions authorized to take deposits for the purposes of the Commonwealth of Australia Banking Act 1959. The liabilities of these entities do not represent deposits or other liabilities of MBL, a subsidiary of Macquarie Group Limited and an affiliate of Macquarie Investment Management. MBL does not guarantee or provide any other assurance regarding the obligations of these parties, unless otherwise stated.

© 2021 Macquarie Management Holdings, Inc.

Source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Popular Articles