PHILADELPHIA, August 11, 2022–(BUSINESS WIRE)–Right this moment, Delaware Investments Dividend and Revenue Fund, Inc. (the “Acquired Fund”), a New York Inventory Alternate-listed closed-end fund buying and selling beneath the image “DDF”, introduced that its Board of Administrators (the “Board”) authorized the reorganization of the Acquired Fund into abrdn World Dynamic Dividend Fund (the “Buying Fund”), a New York Inventory Alternate-listed closed-end fund buying and selling beneath the image “AGD” (the “Reorganization”).

It’s presently anticipated that the Reorganization might be accomplished within the first quarter of 2023 topic to (i) approval of the Reorganization by the Acquired Fund shareholders, (ii) approval by Buying Fund shareholders of the issuance of shares of the Buying Fund, and (iii) the satisfaction of customary closing circumstances.

Delaware Administration Firm, a sequence of Macquarie Funding Administration Enterprise Belief, is the funding supervisor of the Acquired Fund. Macquarie Funding Administration Austria Kapitalanlage AG is the sub-adviser of the Acquired Fund and gives asset allocation companies to the Acquired Fund. Aberdeen Asset Managers Restricted is the funding adviser of the Buying Fund.

This press launch is just not supposed to, and doesn’t represent a proposal to buy or promote shares of the Acquired Fund or Buying Fund neither is this press launch supposed to solicit a proxy from any shareholder of any of the Acquired Fund or Buying Fund. The solicitation of the acquisition or sale of securities or of proxies to impact the Reorganization will solely be made by a definitive Proxy Assertion/Prospectus of the Acquired Fund and Buying Fund and a definitive Proxy Assertion of the Buying Fund.

The Proxy Assertion/Prospectus and the Proxy Assertion have but to be filed with the US Securities and Alternate Fee (the “SEC”). After the Proxy Assertion/Prospectus and Proxy Assertion are filed with the SEC, every could also be amended or withdrawn. The Proxy Assertion/Prospectus won’t be distributed to shareholders of the Acquired Fund until and till a Registration Assertion comprising of the Proxy Assertion/Prospectus is asserted efficient by the SEC.

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SHAREHOLDERS OF THE ACQUIRED FUND ARE URGED TO READ CAREFULLY THE PROXY STATEMENT/PROSPECTUS AND OTHER DOCUMENTS FILED WITH THE SEC CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT THE REORGANIZATION. SHAREHOLDERS SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES OF THE ACQUIRED FUND AND ACQUIRING FUND. THE PROXY STATEMENT/PROSPECTUS WILL CONTAIN INFORMATION WITH RESPECT TO THE INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES OF THE ACQUIRED FUND AND ACQUIRING FUND.

The Proxy Assertion/Prospectus won’t represent a proposal to purchase or promote securities, in any state the place such supply or sale is just not permitted.

Acquired Fund Shareholders might acquire free copies (once they turn into out there) of the Proxy Assertion/Prospectus and different paperwork filed with the SEC on the SEC’s website online at www.sec.gov. As well as, free copies (once they turn into out there) of the Proxy Assertion/Prospectus and different paperwork filed with the SEC can also be obtained by directing a request to the Acquired Fund at (866) 437-0252 or visiting its web site at delawarefunds.com/closed-end.

Concerning the Acquired Fund

The Fund is a diversified closed-end fund. The first funding goal is to hunt excessive present earnings; capital appreciation is a secondary goal. The Fund seeks to attain its goals by investing, beneath regular circumstances, at the very least 65% of its whole belongings in income-generating fairness securities, together with dividend-paying frequent shares, convertible securities, most popular shares, and different equity-related securities, which can embody as much as 25% in actual property funding trusts (REITs) and actual property business working firms. As much as 35% of the Fund’s whole belongings could also be invested in nonconvertible debt securities consisting primarily of high-yield, high-risk company bonds. As well as, the Fund makes use of leveraging methods in an try and acquire a better return for the Fund. There is no such thing as a assurance that the Fund will obtain its funding goals.

About Macquarie Asset Administration

Macquarie Asset Administration is a worldwide asset supervisor that goals to ship constructive influence for everybody. Trusted by establishments, pension funds, governments, and people to handle greater than $US579 billion in belongings globally,¹ we offer entry to specialist funding experience throughout a spread of capabilities together with infrastructure, inexperienced investments & renewables, actual property, agriculture & pure belongings, asset finance, non-public credit score, equities, fastened earnings and multi asset options.

Advisory companies are supplied by Delaware Administration Firm, a sequence of Macquarie Funding Administration Enterprise Belief, a registered funding adviser. Macquarie Asset Administration is a part of Macquarie Group, a diversified monetary group offering purchasers with asset administration, finance, banking, advisory and threat and capital options throughout debt, fairness, and commodities. Based in 1969, Macquarie Group employs greater than 18,000 folks in 33 markets and is listed on the Australian Securities Alternate. For extra details about Delaware Funds by Macquarie^®, go to delawarefunds.com or name 800 523-1918.

Apart from Macquarie Financial institution Restricted ABN 46 008 583 542 (“Macquarie Financial institution”), any Macquarie Group entity famous on this press launch is just not an authorised deposit-taking establishment for the needs of the Banking Act 1959 (Commonwealth of Australia). The obligations of those different Macquarie Group entities don’t signify deposits or different liabilities of Macquarie Financial institution. Macquarie Financial institution doesn’t assure or in any other case present assurance in respect of the obligations of those different Macquarie Group entities. As well as, if this press launch pertains to an funding, (a) the investor is topic to funding threat together with doable delays in compensation and lack of earnings and principal invested and (b) none of Macquarie Financial institution or another Macquarie Group entity ensures any explicit price of return on or the efficiency of the funding, nor do they assure compensation of capital in respect of the funding.

¹ As of March 31, 2022

© 2022 Macquarie Administration Holdings, Inc.

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Contacts

Traders
Computershare
866 437-0252
delawarefunds.com/closed-end

Media contact
Lee Lubarsky
347 302-3000
Lee.Lubarsky@macquarie.com