Strategy. Delaware Investments Fund Advisers (DIFA) serves as the Funds sub-adviser. In managing the Fund, DIFA may utilize sub-sub-adviser, Macquarie Investment Management Global Limited, which is an affiliate of DIFA (collectively, the Sub-Adviser). The Sub-Adviser is responsible for the day-to-day management of the Funds assets. The Fund pursues its objective by investing in a diversified portfolio of stocks primarily of large-sized U.S. companies with market capitalizations, at the time of purchase, similar to the market capitalization of companies in the Russell 1000 Index. The market capitalization range of the Russell 1000 Index was $272.8 million to $3.34 trillion as of March 31, 2025. The Fund will also place some emphasis on stocks of medium-sized companies. The Funds management style focuses on … Show more… Delaware Investments Fund Advisers (DIFA) serves as the Funds sub-adviser. In managing the Fund, DIFA may utilize sub-sub-adviser, Macquarie Investment Management Global Limited, which is an affiliate of DIFA (collectively, the Sub-Adviser). The Sub-Adviser is responsible for the day-to-day management of the Funds assets. The Fund pursues its objective by investing in a diversified portfolio of stocks primarily of large-sized U.S. companies with market capitalizations, at the time of purchase, similar to the market capitalization of companies in the Russell 1000 Index. The market capitalization range of the Russell 1000 Index was $272.8 million to $3.34 trillion as of March 31, 2025. The Fund will also place some emphasis on stocks of medium-sized companies. The Funds management style focuses on seeking growth companies at a reasonable price by blending: a growth-oriented management style, which seeks companies with earnings and/or revenue that are growing equal to or faster than the industry average; and a value-oriented management style, which seeks companies within an industry with current stock prices that do not reflect the stocks true worth; and are believed to be undervalued in the market relative to the companies industry peers. The Sub-Adviser has access to research and proprietary technical models and will apply quantitative and qualitative analysis in determining the appropriate allocations among categories of issuers and types of securities. The companies sought typically have a long history of profit growth and/or dividend payment, and a reputation for quality management, products and service. The Fund seeks to invest in companies that demonstrate positive environmental, social and governance (ESG) standards by investing in companies that meet the Fund's social standards. The Fund seeks to avoid investing in companies that primarily engage in: activities that result, or are likely to result, in damage to the natural environment; production of nuclear power, design or construction of nuclear power plants, or manufacture of equipment for the production of nuclear power; manufacture of, or contracting for, military weapons or civilian firearms; alcohol, tobacco or gambling businesses; the use of animals for testing when developing new cosmetics and personal care products; egregious human rights violations, including labor controversies, or that have been involved in multiple human rights controversies related to their operations in the U.S. or abroad; and/or poor corporate governance or engage in harmful or unethical business practices. The Sub-Adviser determines which stocks meet the Funds social standards through a combination of qualitative and quantitative research, as well as third party research and data. The Fund may modify its social standards at any time, without prior shareholder approval or notice. At times, the Fund may hold stocks that do not meet the Funds social standards, because either the stocks ceased meeting the social standards after the Fund bought them or the Fund bought the stocks without realizing that they did not meet the social standards. The Fund will seek to sell these stocks in an orderly manner to minimize any adverse effect on the value of the Funds investments. Ordinarily, the Fund will sell the stocks within 90 days of determining that the stocks do not meet the social standards. However, the Fund will sell the stocks within a longer period if the Sub-Adviser believes that it would avoid a significant loss to the overall value of the Funds investments. Show less