Macquarie : Asset Management appoints Janaki Rao as Head of US Multisector Fixed Income team

Press Release

Macquarie Asset Management appoints Janaki Rao as Head of US Multisector Fixed Income team

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Philadelphia, 06 May 2024

Macquarie Asset Management (MAM) today announced the appointment of Janaki Rao as Head of US Multisector Fixed Income. In this role, Janaki will have overall responsibility for the firm's US multisector capabilities, including team and business management, and will lead portfolio management for all Macquarie Asset Management's US multisector portfolios, including the firm's US multisector mutual funds. Andrew Vonthethoff, Senior Portfolio Manager on the Global Fixed Income team, will join Janaki as a portfolio manager on the portfolios and funds.

Based in Philadelphia, Janaki brings more than 30 years of experience to the role, having spent the past 10 years in senior roles across portfolio management and research at AllianceBernstein, most recently as the Head of its US Multisector team.

"Our investment philosophy is rooted in delivering consistent value for our clients through deep research-driven processes, disciplined risk management and having talented investment professionals in a high-performance culture," said Brett Lewthwaite, Deputy Head of Credit and CIO of Fixed Income, Macquarie Asset Management. "Janaki's deep expertise and experience will enable us to continue delivering compelling investment outcomes for our clients."

Janaki and Andrew are the named lead portfolio managers for the following funds:

• Delaware Diversified Income Fund 
• Delaware Ivy Core Bond Fund
• Delaware Limited-Term Diversified Income Fund 
• Macquarie VIP Limited-Term Bond Series (formerly, Delaware Ivy VIP Limited-Term Bond) 
• Macquarie VIP Limited Duration Bond Series (formerly, Delaware VIP^® Limited Duration Bond Series) 
• Optimum Fixed Income Fund 

In addition, Janaki will have portfolio management responsibilities for Delaware Strategic Income Fund with Vivek Bommi, Head of Leveraged Credit at Macquarie Asset Management.

In his new role, Janaki will leverage the breadth of Macquarie Asset Management's more than 200-person global Credit business, whichmanages more than $US225 billion on behalf of clients globally, while also utilizing our team of sector specialists for credit, interest rates, securitised debt, emerging markets debt, and municipals. 

Past performance is not a guarantee of future results.

Carefully consider the Funds' investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds' prospectuses and their summary prospectuses, which may be obtained by visiting delawarefunds.com/literature or calling 800 523-1918. Investors should read the prospectus and the summary prospectus carefully before investing.

Investing involves risk, including the possible loss of principal.

[3551887] 05/2024

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