NYSE DEFA14A as filed August 18, 2009
SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the
Securities Exchange Act of 1934
(Amendment No. __)
Filed by the Registrant [X]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Confidential, for Use of the Commission Only (as permitted by Rule
14a-6(e)(2))
[ ] Definitive Proxy Statement
[ ] Definitive Additional Materials
[X] Soliciting Material Pursuant to Sec. 240.14a-12
Delaware Investments Arizona Municipal Income Fund, Inc.
Delaware Investments Colorado Municipal Income Fund, Inc.
Delaware Investments National Municipal Income Fund
Delaware Investments Minnesota Municipal Income Fund II, Inc.
--------------------------------------------------------------------------------
(Name of Registrant as Specified In Its Charter)
--------------------------------------------------------------------------------
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
Payment of Filing Fee (Check the appropriate box):
[X] No fee required.
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.
1. Title of each class of securities to which transaction applies:
2. Aggregate number of securities to which transaction applies:
3. Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11 (set forth the amount on which the
filing fee is calculated and state how it was determined):
4. Proposed maximum aggregate value of transaction:
5. Total fee paid:
[ ] Fee paid previously with preliminary proxy materials.
[ ] Check box if any part of the fee is offset as provided by Exchange Act Rule
0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number,
or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
____________________________________________________________
2) Form, Schedule or Registration Statement No.:
____________________________________________________________
3) Filing Party:
____________________________________________________________
4) Date Filed:
____________________________________________________________
[DELAWARE INVESTMENTS LOGO]
2005 Market Street
Philadelphia, PA 19103-7094
FOR IMMEDIATE RELEASE
DELAWARE INVESTMENTS(R)MUNICIPAL INCOME FUNDS ANNOUNCE AN AGREEMENT
FOR SALE OF DELAWARE INVESTMENTS
PHILADELPHIA, August 19, 2009 - Today, Lincoln Financial Group (NYSE: LNC)
announced that it signed a definitive stock purchase agreement to sell ownership
of Delaware Management Holdings, Inc. and its subsidiaries (also known by the
marketing name of Delaware Investments), including Delaware Management Company,
manager to the Delaware Investments(R)Family of Funds, to Macquarie Group, a
global provider of banking, financial, advisory, investment and funds management
services. Delaware Management Company is a series of Delaware Management
Business Trust, the investment adviser to Delaware Investments Arizona Municipal
Income Fund, Inc. (VAZ), Delaware Investments Colorado Municipal Income Fund,
Inc. (VCF), Delaware Investments National Municipal Income Fund (VFL), and
Delaware Investments Minnesota Municipal Income Fund II, Inc. (VMM)(together,
the "Municipal Income Funds"). In connection with this announcement, the
Municipal Income Funds' Boards of Trustees/Directors (the "Board") will meet to
consider: (1) new investment management agreements between Delaware Management
Company and the Municipal Income Funds; and (2) the submission of a proposal to
the Municipal Income Funds' shareholders to approve the new investment
management agreements. The Municipal Income Funds will announce the Board's
determinations in a future press release.
The investment objective of each Municipal Income Fund, other than Delaware
Investments National Municipal Income Fund, is to provide current income exempt
from federal income tax and from the personal income tax of its state, if any,
consistent with the preservation of capital. The investment objective of
Delaware Investments National Municipal Income Fund is to provide current income
exempt from regular federal income tax consistent with the preservation of
capital. In addition, each Municipal Income Fund has the ability to utilize
leveraging techniques in an attempt to obtain a higher return for the Municipal
Income Fund.
About Delaware Investments:
Delaware Investments, an affiliate of Lincoln Financial Group, is a
Philadelphia-based diversified asset management firm with more than $120 billion
in assets under management as of June 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.
--###-
Media Contact: Ayele Ajavon Laurel O'Brien
Media Relations Media Relations
Delaware Investments Delaware Investments
215 255-1632 484 583-1735
AAjavon@delinvest.com Laurel.OBrien@lfg.com
Delaware Investments is the marketing name for Delaware Management Holdings,
Inc. and its subsidiaries.
www.delawareinvestments.com
785861-2