Edgar Filing: Delaware Enhanced Global Dividend & Income Fund

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number:		811-22050

Exact name of registrant as specified in charter:		Delaware Enhanced Global Dividend and Income Fund

Address of principal executive offices:		2005 Market Street
		Philadelphia, PA 19103

Name and address of agent for service:		David F. Connor, Esq.
		2005 Market Street
		Philadelphia, PA 19103

Registrant’s telephone number, including area code:		(800) 523-1918

Date of fiscal year end:		November 30

Date of reporting period:		August 31, 2018

Item 1. Schedule of Investments.

Schedule of investments

Delaware Enhanced Global Dividend and Income Fund
August 31, 2018 (Unaudited)

		Number of	Value
		shares	(US $)
Common Stock – 69.08%❖
Consumer Discretionary – 10.63%
	Bayerische Motoren Werke	23,077	$	2,234,273
	Cie Generale des
	Etablissements Michelin	16,796		1,987,613
	Ford Motor	89,900		852,252
	Kering	4,155		2,257,125
	Nitori Holdings	1,608		244,145
	Playtech	281,684		1,942,807
	Publicis Groupe	12,851		824,899
	Target	12,300		1,076,250
	Techtronic Industries	333,000		2,036,503
	Toyota Motor	36,805		2,295,551
	Valeo	27,335		1,240,925
	Whirlpool	4,000		499,920
	Yue Yuen Industrial Holdings	933,500		2,586,861
				20,079,124
Consumer Staples – 5.87%
	Archer-Daniels-Midland	12,500		630,000
	British American Tobacco
	ADR	14,940		722,797
	Carlsberg Class B	11,971		1,461,378
	Coca-Cola Amatil	65,485		442,055
	Imperial Brands	101,617		3,614,983
	Kimberly-Clark	5,100		589,254
	Kraft Heinz	9,100		530,257
	Matsumotokiyoshi Holdings	44,300		1,674,557
	Mondelez International	14,100		602,352
	Procter & Gamble	9,800		812,910
				11,080,543
Diversified REITs – 0.59%
	Equinix	68		29,657
	Tritax EuroBox 144A #†	800,196		1,086,728
				1,116,385
Energy – 5.15%
	Chevron	6,200		734,452
	Occidental Petroleum	15,900		1,269,933
	Royal Dutch Shell ADR	16,700		1,125,246
	Suncor Energy	51,900		2,136,451
	TOTAL	40,921		2,558,774
	TOTAL ADR	18,700		1,173,238
	Williams	24,500		724,955
				9,723,049
Financials – 12.89%
	American International
	Group	22,100		1,175,057
	Arthur J Gallagher & Co.	8,700		627,618
	Ashford †	632		57,758
	AXA	104,774		2,644,549
	Banco Santander	327,164		1,628,392
	Bank of New York Mellon	14,600		761,390
	Bank Rakyat Indonesia
	Persero	10,236,300		2,209,873
	BB&T	26,900		1,389,654
	ING Groep	157,137		2,132,218
	Mitsubishi UFJ Financial
	Group	425,328		2,567,816
	Nordea Bank	266,854		2,882,968
	Nordea Bank FDR	48,193		518,844
	Standard Chartered	249,981		2,032,355
	UniCredit	113,999		1,645,321
	United Overseas Bank	45,500		897,038
	Wells Fargo & Co.	20,200		1,181,296
				24,352,147
Healthcare – 9.03%
	AbbVie	9,600		921,408
	Amgen	3,200		639,392
	AstraZeneca ADR	30,000		1,150,200
	Brookdale Senior Living †	193,371		1,918,240
	Cardinal Health	17,400		908,106
	CVS Health	9,000		677,160
	Johnson & Johnson	6,600		888,954
	Koninklijke Philips	49,400		2,207,057
	Merck & Co.	23,400		1,605,006
	Novartis	37,664		3,123,479
	Pfizer	37,560		1,559,491
	Sanofi	17,104		1,463,002
				17,061,495
Healthcare REITs – 0.04%
	Assura	67,936		48,265
	Sabra Health Care REIT	1,108		26,127
				74,392
Hotel REITs – 0.46%
	Ashford Hospitality Trust	55,000		356,950
	Braemar Hotels & Resorts	13,251		153,049
	Hospitality Properties Trust	10,500		304,395
	MGM Growth Properties
	Class A	2,053		63,089
				877,483
Industrials – 11.27%
	Deutsche Post	74,648		2,721,603
	East Japan Railway	10,261		928,578
	ITOCHU	227,102		3,972,394

(continues) NQ-DEX [8/18] 10/18 (621370) 1

Schedule of investments

Delaware Enhanced Global Dividend and Income Fund (Unaudited)

		Number of	Value
		shares	(US $)
Common Stock❖ (continued)
Industrials (continued)
	Leonardo	69,130	$	774,342
	Lockheed Martin	2,400		768,984
	Meggitt	280,819		1,959,413
	MINEBEA MITSUMI	178,700		3,354,947
	Rexel	29,945		470,980
	Teleperformance	9,295		1,785,608
	United Technologies	4,300		566,310
	Vinci	28,829		2,762,727
	Waste Management	13,400		1,218,060
				21,283,946
Information Technology – 3.73%
	CA	26,400		1,156,320
	Canon ADR	16,800		539,112
	Cisco Systems	26,800		1,280,236
	Intel	22,700		1,099,361
	International Business
	Machines	5,400		790,992
	Samsung Electronics	50,035		2,177,780
				7,043,801
Mall REITs – 0.05%
	Simon Property Group	566		103,595
				103,595
Materials – 2.18%
	DowDuPont	17,500		1,227,275
	Rio Tinto	60,953		2,891,434
				4,118,709
Multifamily REITs – 0.73%
	Equity Residential	17,900		1,212,725
	Gecina	180		30,901
	Grainger	25,946		103,268
	NexPoint Residential Trust	890		28,747
				1,375,641
Office REITs – 0.23%
	Champion REIT	125,000		91,894
	Easterly Government
	Properties	2,994		60,629
	Intervest Offices &
	Warehouses	2,500		66,018
	Kenedix Office Investment	35		217,352
				435,893
Shopping Center REITs – 0.22%
	Charter Hall Retail REIT	71,117		217,286
	Link REIT	20,000		199,267
				416,553
Single Tenant REIT – 0.08%
	STORE Capital	4,910		141,457
				141,457
Telecommunication Services – 4.27%
	AT&T	41,400		1,322,315
	Century Communications =†	125,000		0
	Mobile TeleSystems PJSC ADR	115,500		895,125
	Nippon Telegraph &
	Telephone	55,102		2,454,819
	Tele2 Class B	159,815		1,971,223
	Verizon Communications	26,300		1,429,931
				8,073,413
Utilities – 1.66%
	Edison International	8,900		584,997
	National Grid	174,711		1,834,683
	National Grid ADR	13,375		708,875
				3,128,555
Total Common Stock
	(cost $119,252,613)			130,486,181

Convertible Preferred Stock – 2.87%
	A Schulman 6.00%
	exercise price $52.33 ψ	973		1,024,083
	AMG Capital Trust II
	5.15% exercise price
	$198.02, maturity date
	10/15/37	14,324		842,031
	Bank of America 7.25%
	exercise price $50.00 ψ	728		952,908
	El Paso Energy Capital Trust
	I 4.75% exercise price
	$34.49, maturity date
	3/31/28	22,617		1,049,542
	QTS Realty Trust 6.50%
	exercise price $47.03 ψ	5,952		657,398
	Wells Fargo & Co. 7.50%
	exercise price
	$156.71 ψ	695		900,713
Total Convertible Preferred Stock (cost
	$5,003,415)			5,426,675

2 NQ-DEX [8/18] 10/18 (621370)

(Unaudited)

		Number of	Value
		shares	(US $)
Exchange-Traded Fund – 0.01%
	iPATH S&P 500 VIX
	Short-Term Futures ETN †	390	$	11,337
Total Exchange-Traded Fund
	(cost $1,176,115)			11,337

Limited Partnerships – 1.09%
	Merion Champion’s Walk =π†	1,034,006		982,306
	Merion Countryside =π†	780,938		1,084,722
Total Limited Partnerships
	(cost $1,607,688)			2,067,028

		Principal
		amount°
Agency Commercial Mortgage-Backed Securities – 0.01%
	FREMF Mortgage Trust
	Series 2011-K15 B 144A
	5.116% 8/25/44 #●	10,000		10,446
	Series 2012-K22 B 144A
	3.812% 8/25/45 #●	10,000		10,058
Total Agency Commercial
	Mortgage-Backed
	Securities (cost $21,214)			20,504

Agency Mortgage-Backed Securities – 0.01%
	Fannie Mae ARM
	3.879% (LIBOR12M +
	1.754%, Cap 11.211%)
	4/1/36 ●	8,590		8,987
	4.042% (LIBOR12M +
	1.69%, Cap 10.122%)
	11/1/35 ●	3,525		3,700
	Fannie Mae S.F. 30 yr
	5.00% 6/1/44	3,598		3,862
	6.00% 6/1/41	2,000		2,211
	6.00% 7/1/41	821		907
	Freddie Mac S.F. 30 yr
	5.00% 12/1/44	935		1,001
	5.50% 6/1/41	2,000		2,169
	6.00% 5/1/40	935		1,033
	GNMA II S.F. 30 yr
	6.00% 2/20/40	2,368		2,564
Total Agency
	Mortgage-Backed
	Securities (cost $26,210)			26,434

Convertible Bonds – 15.54%
Brokerage – 0.42%
	GAIN Capital Holdings 5.00%
	exercise price $8.20,
	maturity date 8/15/22	709,000		792,662
				792,662
Capital Goods – 2.18%
	Aerojet Rocketdyne Holdings
	2.25% exercise price
	$26.00, maturity date
	12/15/23	193,000		282,996
	Cemex
	3.72% exercise price
	$11.01, maturity date
	3/15/20	895,000		909,201
	3.72% exercise price
	$11.01, maturity date
	3/15/20	345,000		350,085
	Chart Industries 144A 1.00%
	exercise price $58.73,
	maturity date 11/15/24 #	583,000		811,842
	Dycom Industries 0.75%
	exercise price $96.89,
	maturity date 9/15/21	400,000		444,382
	Tesla Energy Operations
	1.625% exercise price
	$759.35, maturity date
	11/1/19	1,439,000		1,317,971
				4,116,477
Communications – 1.03%
	DISH Network
	2.375% exercise price
	$82.22, maturity date
	3/15/24	842,000		742,225
	3.375% exercise price
	$65.18, maturity date
	8/15/26	501,000		472,495
	Liberty Media 2.25% exercise
	price $35.35, maturity date
	9/30/46	1,301,000		721,839
				1,936,559
Consumer Cyclical – 0.83%
	Booking Holdings 0.35%
	exercise price $1,315.10,
	maturity date 6/15/20	300,000		446,979
	Huron Consulting Group
	1.25% exercise price
	$79.89, maturity date
	10/1/19	664,000		648,064

(continues) NQ-DEX [8/18] 10/18 (621370) 3

Schedule of investments

Delaware Enhanced Global Dividend and Income Fund (Unaudited)

		Principal	Value
		amount°	(US $)
Convertible Bonds (continued)
Consumer Cyclical (continued)
	Live Nation Entertainment
	144A 2.50% exercise price
	$68.02, maturity date
	3/15/23 #	447,000	$	464,039
				1,559,082
Consumer Non-Cyclical – 3.10%
	BioMarin Pharmaceutical
	1.50% exercise price
	$94.15, maturity date
	10/15/20	405,000		494,708
	Insulet 144A 1.375% exercise
	price $93.18, maturity date
	11/15/24 #	306,000		385,866
	Medicines 2.75% exercise
	price $48.97, maturity date
	7/15/23	1,013,000		1,063,637
	Neurocrine Biosciences
	2.25% exercise price
	$75.92, maturity date
	5/15/24	515,000		884,600
	Pacira Pharmaceuticals
	2.375% exercise price
	$66.89, maturity date
	4/1/22	795,000		835,971
	Paratek Pharmaceuticals
	144A 4.75% exercise price
	$15.90, maturity date
	5/1/24 #	545,000		530,228
	Spectrum Pharmaceuticals
	2.75% exercise price
	$10.53, maturity date
	12/15/18	173,000		358,810
	Vector Group
	1.75% exercise price
	$22.35, maturity date
	4/15/20 ●	1,007,000		1,044,046
	2.50% exercise price
	$14.50, maturity date
	1/15/19 ●	237,000		262,806
				5,860,672
Electric – 0.34%
	NRG Energy 144A 2.75%
	exercise price $47.74,
	maturity date 6/1/48 #	623,000		640,229
				640,229
Energy – 1.49%
	Cheniere Energy 4.25%
	exercise price $138.38,
	maturity date 3/15/45	1,273,000		1,014,174
	Helix Energy Solutions Group
	4.125% exercise price
	$9.47, maturity date
	9/15/23	31,000		38,973
	4.25% exercise price
	$13.89, maturity date
	5/1/22	944,000		1,013,612
	PDC Energy 1.125% exercise
	price $85.39, maturity date
	9/15/21	762,000		754,990
				2,821,749
Financials – 0.96%
	Ares Capital 3.75% exercise
	price $19.39, maturity date
	2/1/22	976,000		988,395
	New Mountain Finance
	5.00% exercise price
	$15.80, maturity date
	6/15/19	814,000		823,827
				1,812,222
Industrials – 0.46%
	Team 5.00% exercise price
	$21.70, maturity date
	8/1/23	685,000		877,464
				877,464
Real Estate Investment Trusts – 1.89%
	Blackstone Mortgage Trust
	4.375% exercise price
	$35.67, maturity date
	5/5/22	630,000		630,261
	4.75% exercise price
	$36.23, maturity date
	3/15/23	291,000		290,240
	5.25% exercise price
	$27.36, maturity date
	12/1/18	348,000		430,914
	Spirit Realty Capital 3.75%
	exercise price $11.46,
	maturity date 5/15/21	977,000		989,872
	VEREIT 3.75% exercise price
	$14.99, maturity date
	12/15/20	1,219,000		1,234,159
				3,575,446
Technology – 2.45%
	CSG Systems International
	4.25% exercise price
	$57.12, maturity date
	3/15/36	605,000		631,251

4 NQ-DEX [8/18] 10/18 (621370)

(Unaudited)

		Principal	Value
		amount°	(US $)
Convertible Bonds (continued)
Technology (continued)
	Knowles 3.25% exercise price
	$18.43, maturity date
	11/1/21	649,000	$	774,872
	Microchip Technology
	1.625% exercise price
	$98.03, maturity date
	2/15/27	73,000		83,196
	PROS Holdings 2.00%
	exercise price $48.63,
	maturity date 6/1/47	686,000		680,219
	Synaptics 0.50% exercise
	price $73.02, maturity date
	6/15/22	769,000		757,413
	Verint Systems 1.50%
	exercise price $64.46,
	maturity date 6/1/21	1,101,000		1,132,694
	Vishay Intertechnology 144A
	2.25% exercise price
	$31.49, maturity date
	6/15/25 #	559,000		561,131
				4,620,776
Telecommunications – 0.39%
	GCI Liberty 144A 1.75%
	exercise price $370.52,
	maturity date 9/30/46 #	699,000		734,044
				734,044
Total Convertible Bonds
	(cost $27,830,398)			29,347,382

Corporate Bonds – 45.42%
Banking – 2.41%
	Ally Financial 5.75%
	11/20/25	702,000		730,080
	Bank of America
	3.864% 7/23/24 µ	5,000		5,026
	5.625% 7/1/20	5,000		5,223
	Bank of New York Mellon
	4.625% µψ	5,000		4,837
	Citizens Financial Group
	4.30% 12/3/25	5,000		4,988
	Credit Suisse Group 144A
	6.25% #µψ	485,000		485,000
	Fifth Third Bancorp 3.95%
	3/14/28	5,000		4,967
	Goldman Sachs Group
	4.223% 5/1/29 µ	5,000		4,949
	6.00% 6/15/20	5,000		5,239
	HSBC Holdings 6.50% µψ	445,000		436,100
	Huntington Bancshares
	2.30% 1/14/22	5,000		4,816
	JPMorgan Chase & Co.
	3.797% 7/23/24 µ	5,000		5,020
	4.203% 7/23/29 µ	5,000		5,022
	Lloyds Banking Group 7.50% µψ	775,000		806,994
	Morgan Stanley 3.737%
	4/24/24 µ	5,000		4,986
	PNC Financial Services Group
	5.00% µψ	5,000		5,013
	Popular 7.00% 7/1/19	605,000		620,881
	Royal Bank of Scotland Group
	8.625% µψ	655,000		702,749
	State Street
	3.10% 5/15/23	5,000		4,939
	3.30% 12/16/24	5,000		4,956
	SunTrust Banks
	2.45% 8/1/22	5,000		4,823
	2.70% 1/27/22	5,000		4,885
	UBS Group Funding
	Switzerland 6.875% µψ	600,000		614,437
	US Bancorp 3.10% 4/27/26	5,000		4,770
	USB Capital IX 3.50%
	(LIBOR03M + 1.02%) ψ●	80,000		71,800
				4,552,500
Basic Industry – 6.96%
	BMC East 144A 5.50%
	10/1/24 #	312,000		304,200
	Boise Cascade 144A 5.625%
	9/1/24 #	905,000		925,363
	Builders FirstSource 144A
	5.625% 9/1/24 #	405,000		394,875
	Chemours 5.375% 5/15/27	456,000		449,160
	CSN Resources 144A 7.625%
	2/13/23 #	500,000		448,130
	Dow Chemical 8.55%
	5/15/19	34,000		35,303
	FMG Resources August 2006
	144A 4.75% 5/15/22 #	240,000		236,412
	144A 5.125% 5/15/24 #	424,000		411,810
	Freeport-McMoRan
	4.55% 11/14/24	365,000		353,137
	6.875% 2/15/23	796,000		853,710
	Georgia-Pacific 8.00%
	1/15/24	10,000		12,056
	Hudbay Minerals
	144A 7.25% 1/15/23 #	60,000		61,350
	144A 7.625% 1/15/25 #	465,000		474,881

(continues) NQ-DEX [8/18] 10/18 (621370) 5

Schedule of investments

Delaware Enhanced Global Dividend and Income Fund (Unaudited)

			Principal	Value
			amount°	(US $)
Corporate Bonds (continued)
Basic Industry (continued)
	IAMGOLD 144A 7.00%
		4/15/25 #	50,000	$	50,500
	Joseph T Ryerson & Son 144A
		11.00% 5/15/22 #	272,000		300,560
	Koppers 144A 6.00%
		2/15/25 #	484,000		487,630
	Kraton Polymers 144A 7.00%
		4/15/25 #	362,000		375,123
	Lennar
		4.50% 4/30/24	430,000		423,141
		4.75% 5/30/25	215,000		212,313
	M/I Homes 5.625% 8/1/25		40,000		37,700
	New Enterprise Stone & Lime
		144A 10.125% 4/1/22 #	100,000		107,875
	NOVA Chemicals
		144A 5.00% 5/1/25 #	285,000		275,737
		144A 5.25% 6/1/27 #	710,000		676,275
	Novelis 144A 6.25%
		8/15/24 #	605,000		614,075
	Olin
		5.00% 2/1/30	380,000		364,325
		5.125% 9/15/27	478,000		474,415
	Platform Specialty Products
		144A 5.875% 12/1/25 #	160,000		159,000
	PulteGroup 5.00% 1/15/27		215,000		205,594
	Standard Industries
		144A 5.00% 2/15/27 #	855,000		814,387
		144A 6.00% 10/15/25 #	100,000		102,768
	Steel Dynamics 5.00%
		12/15/26	460,000		458,850
	Syngenta Finance 144A
		5.182% 4/24/28 #	500,000		482,389
	Tronox 144A 6.50%
		4/15/26 #	50,000		49,125
	Tronox Finance 144A 5.75%
		10/1/25 #	545,000		525,925
	William Lyon Homes 144A
		6.00% 9/1/23 #	80,000		77,624
	Zekelman Industries 144A
		9.875% 6/15/23 #	835,000		909,106
					13,144,824
Brokerage – 0.23%
	E*TRADE Financial
		5.30% µψ	5,000		4,985
		5.875% µψ	400,000		415,000
	Jefferies Group
		4.15% 1/23/30	10,000		9,130
		6.45% 6/8/27	5,000		5,436
		6.50% 1/20/43	5,000		5,227
					439,778
Capital Goods – 1.37%
	Allegion US Holding 3.55%
		10/1/27	4,000		3,694
	Ardagh Packaging Finance
		144A 6.00% 2/15/25 #	360,000		352,800
	BWAY Holding
		144A 5.50% 4/15/24 #	699,000		696,379
		144A 7.25% 4/15/25 #	250,000		244,375
	CCL Industries 144A 3.25%
		10/1/26 #	5,000		4,633
	Crane 4.45% 12/15/23		10,000		10,292
	Crown Americas 144A 4.75%
		2/1/26 #	659,000		634,287
	General Dynamics 3.375%
		5/15/23	5,000		5,026
	General Electric
		2.10% 12/11/19	35,000		34,619
		5.55% 5/4/20	5,000		5,200
		6.00% 8/7/19	10,000		10,297
	L3 Technologies 4.40%
		6/15/28	5,000		5,039
	Lennox International 3.00%
		11/15/23	5,000		4,769
	Martin Marietta Materials
		4.25% 12/15/47	5,000		4,428
	Northrop Grumman 3.25%
		8/1/23	5,000		4,962
	Nvent Finance 144A 4.55%
		4/15/28 #	5,000		4,946
	Titan International 6.50%
		11/30/23	100,000		98,500
	TransDigm 6.375% 6/15/26		448,000		453,880
					2,578,126
Communications – 0.00%
	Charter Communications
		Operating 5.375% 4/1/38	5,000		4,826
					4,826
Consumer Cyclical – 3.62%
	AMC Entertainment Holdings
		6.125% 5/15/27	576,000		567,360
	American Axle &
		Manufacturing 6.25%
		3/15/26	425,000		420,219

6 NQ-DEX [8/18] 10/18 (621370)

(Unaudited)

			Principal	Value
			amount°	(US $)
Corporate Bonds (continued)
Consumer Cyclical (continued)
	Boyd Gaming 6.375%
		4/1/26	1,013,000	$	1,039,591
	Dollar Tree 3.70% 5/15/23		5,000		4,968
	General Motors Financial
		4.35% 4/9/25	5,000		4,944
	GLP Capital / GLP Financing
		5.375% 4/15/26	247,000		257,115
	Goodyear Tire & Rubber
		4.875% 3/15/27	635,000		584,200
	Hilton Worldwide Finance
		4.875% 4/1/27	870,000		858,037
	Hyundai Capital America
		144A 2.55% 2/6/19 #	10,000		9,983
	KFC Holding / Pizza Hut
		Holdings / Taco Bell of
		America 144A 5.25%
		6/1/26 #	740,000		741,850
	MGM Resorts International
		5.75% 6/15/25	435,000		440,220
	Penn National Gaming 144A
		5.625% 1/15/27 #	563,000		543,728
	Penske Automotive Group
		5.50% 5/15/26	376,000		369,420
	Royal Caribbean Cruises
		3.70% 3/15/28	5,000		4,690
	Scientific Games International
		10.00% 12/1/22	923,000		979,626
	Toyota Motor Credit 2.80%
		7/13/22	5,000		4,931
					6,830,882
Consumer Non-Cyclical – 1.53%
	Abbott Laboratories 2.80%
		9/15/20	5,000		4,974
	AstraZeneca 4.00% 1/17/29		5,000		4,985
	BAT Capital 144A 4.54%
		8/15/47 #	5,000		4,631
	Becton Dickinson and Co.
		3.363% 6/6/24	5,000		4,845
	Campbell Soup 3.65%
		3/15/23	5,000		4,893
	Cott Holdings 144A 5.50%
		4/1/25 #	603,000		592,056
	Covidien International
		Finance 4.20% 6/15/20	20,000		20,401
	CVS Health 4.30% 3/25/28		20,000		19,888
	Dean Foods 144A 6.50%
		3/15/23 #	30,000		28,650
	ESAL 144A 6.25% 2/5/23 #		650,000		631,313
	JBS USA
		144A 5.75% 6/15/25 #	537,000		509,479
		144A 6.75% 2/15/28 #	390,000		374,887
	Pilgrim’s Pride 144A 5.75%
		3/15/25 #	30,000		29,100
	Post Holdings
		144A 5.00% 8/15/26 #	244,000		234,850
		144A 5.625% 1/15/28 #	400,000		388,000
	Zimmer Biomet Holdings
		4.625% 11/30/19	30,000		30,505
					2,883,457
Electric – 0.34%
	Ameren Illinois 9.75%
		11/15/18	45,000		45,627
	American Transmission
		Systems 144A 5.25%
		1/15/22 #	15,000		15,791
	Cleveland Electric Illuminating
		5.50% 8/15/24	5,000		5,463
	CMS Energy 6.25% 2/1/20		5,000		5,196
	DTE Energy 3.30% 6/15/22		5,000		4,952
	Entergy Louisiana 4.05%
		9/1/23	10,000		10,282
	Evergy 4.85% 6/1/21		5,000		5,140
	Israel Electric 144A 4.25%
		8/14/28 #	500,000		482,503
	Kansas City Power & Light
		3.65% 8/15/25	5,000		4,952
	LG&E & KU Energy 4.375%
		10/1/21	20,000		20,463
	National Rural Utilities
		Cooperative Finance
		2.85% 1/27/25	5,000		4,818
		4.75% 4/30/43 µ	5,000		5,059
	New York State Electric & Gas
		144A 3.25% 12/1/26 #	5,000		4,804
	NV Energy 6.25% 11/15/20		5,000		5,305
	PPL Electric Utilities 3.00%
		9/15/21	10,000		9,949
	Public Service Co. of
		Oklahoma 5.15%
		12/1/19	15,000		15,359
	South Carolina Electric & Gas
		4.10% 6/15/46	5,000		4,651
					650,314
Energy – 8.72%
	Abu Dhabi Crude Oil Pipeline
		144A 3.65% 11/2/29 #	750,000		717,390
	Alta Mesa Holdings 7.875%
		12/15/24	942,000		929,047

(continues) NQ-DEX [8/18] 10/18 (621370) 7

Schedule of investments

Delaware Enhanced Global Dividend and Income Fund (Unaudited)

			Principal	Value
			amount°	(US $)
Corporate Bonds (continued)
Energy (continued)
	AmeriGas Partners
		5.625% 5/20/24	20,000	$	19,950
		5.875% 8/20/26	666,000		664,335
	Antero Resources 5.625%
		6/1/23	283,000		292,636
	Cheniere Corpus Christi
		Holdings
		5.125% 6/30/27	92,000		93,955
		5.875% 3/31/25	222,000		236,707
		7.00% 6/30/24	205,000		227,550
	Cheniere Energy Partners
		5.25% 10/1/25	60,000		60,150
	Chesapeake Energy
		144A 8.00% 12/15/22 #	106,000		111,565
		8.00% 1/15/25	280,000		286,650
	Crestwood Midstream
		Partners 5.75% 4/1/25	516,000		528,900
	Diamond Offshore Drilling
		7.875% 8/15/25	70,000		71,575
	Diamondback Energy 4.75%
		11/1/24	435,000		439,350
	Ecopetrol 5.875% 5/28/45		500,000		497,575
	Enbridge 6.00% 1/15/77 µ		5,000		4,887
	Energy Transfer Equity 5.50%
		6/1/27	260,000		273,325
	Energy Transfer Partners
		6.00% 6/15/48	5,000		5,325
		6.625% µψ	5,000		4,825
		9.70% 3/15/19	7,000		7,261
	Ensco 7.75% 2/1/26		70,000		67,113
	Gazprom OAO Via Gaz
		Capital 144A 4.95%
		3/23/27 #	500,000		476,061
	Genesis Energy
		6.50% 10/1/25	80,000		77,800
		6.75% 8/1/22	726,000		744,150
	Gulfport Energy
		6.375% 5/15/25	40,000		39,800
		6.375% 1/15/26	355,000		347,013
		6.625% 5/1/23	495,000		507,375
	Hilcorp Energy I 144A 5.00%
		12/1/24 #	229,000		222,416
	Kinder Morgan 4.30%
		3/1/28	5,000		4,965
	Laredo Petroleum 6.25%
		3/15/23	631,000		635,733
	MPLX 4.875% 12/1/24		10,000		10,396
	Murphy Oil 6.875% 8/15/24		1,175,000		1,243,962
	Murphy Oil USA 5.625%
		5/1/27	936,000		937,170
	Newfield Exploration 5.375%
		1/1/26	662,000		693,445
	NiSource 144A 5.65% #µψ		310,000		314,263
	NuStar Logistics 5.625%
		4/28/27	402,000		402,000
	Occidental Petroleum 4.20%
		3/15/48	5,000		5,020
	ONEOK 7.50% 9/1/23		5,000		5,748
	Petrobras Global Finance
		7.25% 3/17/44	400,000		367,900
	Petroleos Mexicanos 6.75%
		9/21/47	160,000		148,509
	Precision Drilling 144A
		7.125% 1/15/26 #	100,000		103,125
	QEP Resources 5.625%
		3/1/26	650,000		624,000
	Sabine Pass Liquefaction
		5.875% 6/30/26	15,000		16,242
	Sempra Energy 3.80%
		2/1/38	5,000		4,607
	Southwestern Energy
		4.10% 3/15/22	239,000		234,220
		6.20% 1/23/25	623,000		626,115
		7.75% 10/1/27	120,000		127,500
	Summit Midstream Holdings
		5.75% 4/15/25	30,000		29,100
	Targa Resources Partners
		5.375% 2/1/27	708,000		706,230
		144A 5.875% 4/15/26 #	40,000		41,050
	Tecpetrol 144A 4.875%
		12/12/22 #	500,000		450,000
	Transcontinental Gas Pipe
		Line 144A 4.00%
		3/15/28 #	5,000		4,930
	Transocean 144A 9.00%
		7/15/23 #	482,000		521,163
	Transocean Proteus 144A
		6.25% 12/1/24 #	183,600		188,781
	Whiting Petroleum 6.625%
		1/15/26	70,000		73,063
					16,473,923
Financials – 0.22%
	AerCap Global Aviation Trust
		144A 6.50% 6/15/45 #µ	400,000		414,000
	Air Lease 3.00% 9/15/23		5,000		4,773

8 NQ-DEX [8/18] 10/18 (621370)

(Unaudited)

			Principal	Value
			amount°	(US $)
Corporate Bonds (continued)
Financials (continued)
	Aviation Capital Group 144A
		4.875% 10/1/25 #	5,000	$	5,158
					423,931
Healthcare – 3.48%
	Air Medical Group Holdings
		144A 6.375% 5/15/23 #	587,000		531,235
	Charles River Laboratories
		International 144A 5.50%
		4/1/26 #	80,000		81,400
	CHS 6.25% 3/31/23		80,000		76,400
	DaVita 5.00% 5/1/25		406,000		386,715
	Encompass Health
		5.75% 11/1/24	720,000		731,700
		5.75% 9/15/25	361,000		365,513
	HCA
		5.375% 2/1/25	1,076,000		1,090,989
		5.875% 2/15/26	166,000		172,017
		7.58% 9/15/25	194,000		215,340
	Hill-Rom Holdings
		144A 5.00% 2/15/25 #	378,000		369,495
		144A 5.75% 9/1/23 #	273,000		282,555
	Hologic 144A 4.625%
		2/1/28 #	370,000		348,725
	MPH Acquisition Holdings
		144A 7.125% 6/1/24 #	512,000		531,200
	Polaris Intermediate 144A PIK
		8.50% 12/1/22 #❆	40,000		41,450
	Service Corp International
		4.625% 12/15/27	360,000		346,500
	Surgery Center Holdings
		144A 6.75% 7/1/25 #	70,000		67,900
		144A 8.875% 4/15/21 #	70,000		73,237
	Tenet Healthcare
		5.125% 5/1/25	415,000		413,444
		8.125% 4/1/22	419,000		444,140
					6,569,955
Insurance – 0.79%
	AssuredPartners 144A 7.00%
		8/15/25 #	160,000		157,200
	AXA Equitable Holdings 144A
		4.35% 4/20/28 #	5,000		4,852
	Berkshire Hathaway Finance
		2.90% 10/15/20	35,000		35,092
	Chubb INA Holdings 3.35%
		5/3/26	5,000		4,914
	HUB International 144A
		7.00% 5/1/26 #	200,000		199,210
	Liberty Mutual Group 144A
		4.95% 5/1/22 #	5,000		5,202
	MetLife 6.40% 12/15/36		100,000		107,000
	NFP 144A 6.875%
		7/15/25 #	160,000		157,600
	Nuveen Finance
		144A 2.95% 11/1/19 #	5,000		4,996
		144A 4.125% 11/1/24 #	10,000		9,973
	Prudential Financial 5.375%
		5/15/45 µ	5,000		5,063
	USIS Merger Sub 144A
		6.875% 5/1/25 #	797,000		795,007
					1,486,109
Media – 4.32%
	Altice France 144A 7.375%
		5/1/26 #	430,000		424,087
	AMC Networks 4.75%
		8/1/25	460,000		445,050
	CCO Holdings
		144A 5.125% 5/1/27 #	250,000		239,063
		144A 5.50% 5/1/26 #	39,000		38,610
		144A 5.75% 2/15/26 #	442,000		443,105
		144A 5.875% 5/1/27 #	566,000		563,877
	Cequel Communications
		Holdings I 144A 7.75%
		7/15/25 #	325,000		347,344
	CSC Holdings 6.75%
		11/15/21	895,000		950,937
	Gray Television 144A 5.875%
		7/15/26 #	747,000		748,867
	Lamar Media 5.75% 2/1/26		399,000		415,957
	Radiate Holdco 144A 6.625%
		2/15/25 #	80,000		75,000
	Sinclair Television Group
		144A 5.125% 2/15/27 #	453,000		421,290
	Sirius XM Radio
		144A 5.00% 8/1/27 #	905,000		878,972
		144A 5.375% 4/15/25 #	479,000		487,383
	Tribune Media 5.875%
		7/15/22	412,000		420,240
	UPC Holding 144A 5.50%
		1/15/28 #	440,000		410,850
	Virgin Media Secured Finance
		144A 5.25% 1/15/26 #	410,000		400,345
	VTR Finance 144A 6.875%
		1/15/24 #	430,000		440,643
					8,151,620
Real Estate Investment Trusts – 1.50%
	American Tower Trust I 144A
		3.07% 3/15/23 #	20,000		19,688

(continues) NQ-DEX [8/18] 10/18 (621370) 9

Schedule of investments

Delaware Enhanced Global Dividend and Income Fund (Unaudited)

			Principal	Value
			amount°	(US $)
Corporate Bonds (continued)
Real Estate Investment Trusts (continued)
	Corporate Office Properties
		3.60% 5/15/23	5,000	$	4,878
		5.25% 2/15/24	10,000		10,393
	CyrusOne 5.375% 3/15/27		422,000		425,165
	Education Realty Operating
		Partnership 4.60%
		12/1/24	5,000		5,125
	ESH Hospitality 144A 5.25%
		5/1/25 #	656,000		637,140
	GEO Group
		5.125% 4/1/23	165,000		160,050
		5.875% 1/15/22	700,000		713,559
		5.875% 10/15/24	10,000		9,800
		6.00% 4/15/26	359,000		348,230
	Hospitality Properties Trust
		4.50% 3/15/25	5,000		4,914
	Host Hotels & Resorts 4.50%
		2/1/26	5,000		5,027
	Iron Mountain US Holdings
		144A 5.375% 6/1/26 #	502,000		478,155
	LifeStorage 3.50% 7/1/26		5,000		4,702
	WP Carey 4.60% 4/1/24		5,000		5,079
					2,831,905
Retail – 0.04%
	Golden Nugget 144A 8.75%
		10/1/25 #	70,000		74,025
					74,025
Services – 2.87%
	Advanced Disposal Services
		144A 5.625% 11/15/24 #	551,000		552,377
	Aramark Services 144A
		5.00% 2/1/28 #	145,000		142,463
	Ashtead Capital
		144A 4.375% 8/15/27 #	750,000		724,687
		144A 5.25% 8/1/26 #	210,000		216,300
	Avis Budget Car Rental 144A
		6.375% 4/1/24 #	316,000		316,000
	Covanta Holding 5.875%
		7/1/25	557,000		556,705
	Herc Rentals 144A 7.75%
		6/1/24 #	259,000		280,614
	KAR Auction Services 144A
		5.125% 6/1/25 #	237,000		232,853
	Prime Security Services
		Borrower 144A 9.25%
		5/15/23 #	936,000		1,005,077
	TMS International 144A
		7.25% 8/15/25 #	50,000		50,500
	United Rentals North America
		5.50% 5/15/27	1,317,000		1,317,000
		5.875% 9/15/26	30,000		31,013
					5,425,589
Technology – 2.67%
	Baidu 4.375% 3/29/28		500,000		498,697
	Broadcom 3.50% 1/15/28		5,000		4,523
	CDK Global
		5.00% 10/15/24	409,000		420,247
		5.875% 6/15/26	630,000		648,358
	CDW Finance 5.00% 9/1/25		239,000		238,701
	CommScope Technologies
		144A 5.00% 3/15/27 #	530,000		516,750
		144A 6.00% 6/15/25 #	260,000		270,400
	Dell International 144A
		6.02% 6/15/26 #	5,000		5,305
	First Data
		144A 5.75% 1/15/24 #	415,000		424,856
		144A 7.00% 12/1/23 #	865,000		902,195
	Genesys Telecommunications
		Laboratories 144A 10.00%
		11/30/24 #	30,000		33,525
	Infor US 6.50% 5/15/22		443,000		450,961
	Oracle 2.40% 9/15/23		5,000		4,795
	RP Crown Parent 144A
		7.375% 10/15/24 #	70,000		72,429
	Sensata Technologies UK
		Financing 144A 6.25%
		2/15/26 #	350,000		369,687
	Vantiv 144A 4.375%
		11/15/25 #	200,000		191,250
					5,052,679
Telecommunications – 2.64%
	AT&T 5.25% 3/1/37		5,000		4,972
	Digicel Group 144A 7.125%
		4/1/22 #	850,000		505,750
	Level 3 Financing 5.375%
		5/1/25	714,000		706,860
	Myriad International Holdings
		144A 4.85% 7/6/27 #	635,000		628,147
	Sprint
		7.125% 6/15/24	728,000		757,120
		7.625% 3/1/26	30,000		31,580
		7.875% 9/15/23	40,000		43,150
	Sprint Communications
		7.00% 8/15/20	302,000		317,100
	Telecom Italia 144A 5.303%
		5/30/24 #	200,000		200,250

10 NQ-DEX [8/18] 10/18 (621370)

(Unaudited)

		Principal	Value
		amount°	(US $)
Corporate Bonds (continued)
Telecommunications (continued)
	Time Warner Cable 7.30%
	7/1/38	5,000	$	5,826
	Time Warner Entertainment
	8.375% 3/15/23	10,000		11,640
	T-Mobile USA 6.50%
	1/15/26	720,000		762,977
	Viacom 4.375% 3/15/43	5,000		4,320
	Vodafone Group 3.75%
	1/16/24	5,000		4,963
	Zayo Group
	144A 5.75% 1/15/27 #	165,000		165,825
	6.375% 5/15/25	803,000		842,146
				4,992,626
Transportation – 0.27%
	FedEx 4.05% 2/15/48	15,000		13,727
	Penske Truck Leasing
	144A 3.30% 4/1/21 #	5,000		4,970
	144A 4.20% 4/1/27 #	5,000		4,954
	United Airlines 2014-1
	Class A Pass Through Trust
	4.00% 4/11/26 ◆	4,165		4,218
	United Airlines 2014-2
	Class A Pass Through Trust
	3.75% 9/3/26 ◆	4,286		4,289
	United Parcel Service 5.125%
	4/1/19	10,000		10,143
	XPO Logistics 144A 6.125%
	9/1/23 #	455,000		470,356
				512,657
Utilities – 1.44%
	AES
	5.50% 4/15/25	345,000		356,214
	6.00% 5/15/26	57,000		60,563
	Calpine
	144A 5.25% 6/1/26 #	625,000		592,394
	5.50% 2/1/24	205,000		188,955
	5.75% 1/15/25	470,000		428,875
	144A 5.875% 1/15/24 #	50,000		50,563
	Emera 6.75% 6/15/76 µ	395,000		420,723
	Enel 144A 8.75%
	9/24/73 #µ	200,000		218,750
	Vistra Energy 144A 8.00%
	1/15/25 #	371,000		409,955
				2,726,992
Total Corporate Bonds
	(cost $87,115,404)			85,806,718

Non-Agency Asset-Backed Security – 0.06%
	Citicorp Residential Mortgage
	Trust
	Series 2006-3 A5
	5.337% 11/25/36 ●	100,000	$	102,802
Total Non-Agency
	Asset-Backed Security
	(cost $87,000)			102,802

Regional Bond – 0.19%Δ
Argentina – 0.19%
	Provincia de Cordoba 144A
	7.125% 8/1/27 #	500,000		358,975
Total Regional Bond
	(cost $492,500)			358,975

Sovereign Bonds – 3.67%Δ
Argentina – 0.37%
	Argentine Republic
	Government International
	Bond 6.875% 1/11/48	1,000,000		702,500
				702,500
Indonesia – 1.73%
	Indonesia Government
	International Bonds
	144A 5.125% 1/15/45 #	1,000,000		1,031,956
	144A 6.75% 1/15/44 #	1,800,000		2,242,730
				3,274,686
Mexico – 1.57%
	Mexico Government
	International Bonds
	4.15% 3/28/27	1,613,000		1,594,249
	4.35% 1/15/47	1,500,000		1,366,500
				2,960,749
Total Sovereign Bonds
	(cost $7,274,899)			6,937,935

US Treasury Obligations – 0.95%
	US Treasury Bonds
	2.75% 11/15/47	10,000		9,466
	3.00% 5/15/47	115,000		114,460
	3.00% 2/15/48	25,000		24,879
	3.125% 5/15/48	25,000		25,506
	US Treasury Notes
	1.125% 7/31/21	185,000		176,921
	1.375% 1/31/21	60,000		58,199
	1.50% 8/15/26	1,045,000		945,930
	1.75% 5/31/22	15,000		14,478
	1.875% 7/31/22	65,000		62,934

(continues) NQ-DEX [8/18] 10/18 (621370) 11

Schedule of investments

Delaware Enhanced Global Dividend and Income Fund (Unaudited)

		Principal	Value
		amount°	(US $)
US Treasury Obligations (continued)
	US Treasury Notes
	1.875% 9/30/22	35,000	$	33,839
	2.00% 12/31/21	5,000		4,886
	2.00% 10/31/22	20,000		19,420
	2.25% 2/15/27	10,000		9,553
	2.25% 8/15/27	80,000		76,163
	2.25% 11/15/27	50,000		47,535
	2.50% 6/30/20	5,000		4,989
	2.50% 3/31/23	10,000		9,895
	2.75% 4/30/23	10,000		10,001
	2.75% 5/31/23	20,000		20,006
	2.75% 7/31/23	10,000		10,001
	2.75% 2/15/28	85,000		84,173
	2.875% 5/15/28	25,000		25,008
Total US Treasury
	Obligations
	(cost $1,883,221)			1,788,242

Leveraged Non-Recourse Security – 0.00%
	JPMorgan Fixed Income
	Auction Pass Through Trust
	Series 2007-C 144A
	0.237% 1/15/87 #◆=	500,000		0
Total Leveraged
	Non-Recourse Security
	(cost $425,000)			0

		Number of
		shares
Preferred Stock – 0.50%
	Bank of America 6.50%µψ	470,000		507,600
	DDR 6.50%ψ	946		23,745
	Freddie Mac 6.02%ψ	40,000		203,000
	GMAC Capital Trust I 8.099%
	(LIBOR03M + 5.785%)
	2/15/40 ●	6,000		160,800
	Washington Prime Group
	6.875%ψ	2,511		53,233
Total Preferred Stock
	(cost $ 1,797,970)			948,378

Warrant – 0.00%
	Wheeler Real Estate
	Investment Trust strike
	price $44, expiration date
	4/29/19 †	12,540		222
Total Warrant (cost $104)				222

Short-Term Investments – 2.79%
Repurchase Agreements – 2.79%
	Bank of America Merrill Lynch
	1.88%, dated 8/31/18, to
	be repurchased on 9/4/18,
	repurchase price $855,696
	(collateralized by US
	government obligations
	1.875%–2.00%
	7/31/22–6/30/24; market
	value $872,628)	855,517		855,517
	Bank of Montreal
	1.85%, dated 8/31/18, to
	be repurchased on 9/4/18,
	repurchase price
	$1,925,309 (collateralized
	by US government
	obligations 0.00%–4.25%
	10/31/18–2/15/48; market
	value $1,963,412)	1,924,913		1,924,913
	BNP Paribas
	1.93%, dated 8/31/18, to
	be repurchased on 9/4/18,
	repurchase price
	$2,488,103 (collateralized
	by US government
	obligations 0.00%–4.75%
	11/23/18–8/15/47; market
	value $2,537,321)	2,487,570		2,487,570
Total Short-Term
	Investments
	(cost $5,268,000)			5,268,000

Total Value of
	Securities – 142.19%
	(cost $259,261,751)			268,596,813

Borrowing Under Line of
	Credit – (43.41%)			(82,000,000	)
Receivables and Other
	Assets Net of
	Liabilities – 1.22%			2,306,489
Net Assets Applicable to
	15,829,048 Shares
	Outstanding – 100.00%		$	188,903,302

____________________

#	Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. At Aug. 31, 2018, the aggregate value of Rule 144A securities was $49,066,202, which represents 25.97% of the Fund’s net assets.
◆	Pass Through Agreement. Security represents the contractual right to receive a proportionate amount of underlying payments due to the counterparty pursuant to various agreements related to the rescheduling of obligations and the exchange of certain notes.

12 NQ-DEX [8/18] 10/18 (621370)

(Unaudited)

❖	Securities have been classified by type of business.
❆	PIK. 100% of the income received was in the form of cash.
=	The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security in the disclosure table located in Note 2 in “Notes.”
°	Principal amount shown is stated in US Dollars unless noted that the security is denominated in another currency.
Δ	Securities have been classified by country of origin.
µ	Fixed to variable rate investment. The rate shown reflects the fixed rate in effect at Aug. 31, 2018. Rate will reset at a future date.
π	Restricted security. These investments are in securities not registered under the Securities Act of 1933, as amended, and have certain restrictions on resale which may limit their liquidity. At Aug. 31, 2018, the aggregate value of restricted securities was $2,067,028, which represented 1.09% of the Fund’s net assets. See table below for additional details.
ψ	No contractual maturity date.
†	Non-income producing security.
●	Variable rate investment. Rates reset periodically. Rate shown reflects the rate in effect at Aug. 31, 2018. For securities based on a published reference rate and spread, the reference rate and spread are indicated in their description above. The reference rate descriptions (i.e. LIBOR03M, LIBOR06M, etc.) used in this report are identical for different securities, but the underlying reference rates may differ due to the timing of the reset period. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions, or for mortgage-backed securities, are impacted by the individual mortgages which are paying off over time. These securities do not indicate a reference rate and spread in their description above.

Restricted Securities

Investments	Date of Acquisition		Cost		Value
Merion Champion’s Walk		8/4/17	$	941,474	$	933,860
Merion Champion’s Walk		2/13/18		24,420		24,223
Merion Champion’s Walk		7/11/18		25497		24223
Merion Countryside		5/11/16		537,359		963,233
Merion Countryside		4/7/17		48,561		78,100
Merion Countryside		5/3/18		30,377		43,389
Total			$	1,607,688	$	2,067,028

The following foreign currency exchange contracts were outstanding at Aug. 31, 2018:

Foreign Currency Exchange Contracts

Contracts to

Settlement

Unrealized

Counterparty

Receive (Deliver)

In Exchange For

Date

Depreciation

BNYM

GBP

65,532

USD

(85,005)

9/4/18

(33)

The use of foreign currency exchange contracts involves elements of market risk and risks in excess of the amounts disclosed in the financial statements. The foreign currency exchange contract presented above represents the Fund’s total exposure in such contract, whereas only the net unrealized appreciation (depreciation) is reflected in the Fund’s net assets.

Summary of abbreviations:
ADR – American Depositary Receipt
ARM – Adjustable Rate Mortgage
BNYM – Bank of New York Mellon
ETN – Exchange-Traded Note
FDR – Finnish Depositary Receipt
FREMF – Freddie Mac Multifamily
GBP – British Pound Sterling
GNMA – Government National Mortgage Association
ICE – Intercontinental Exchange
LIBOR – London Interbank Offered Rate
LIBOR03M – ICE LIBOR USD 3 Month
LIBOR06M – ICE LIBOR USD 6 Month
LIBOR12M – ICE LIBOR USD 12 Month
PIK – Pay-in-kind
PJSC – Private Joint Stock Company
REIT – Real Estate Investment Trust
S.F. – Single Family
USD – US Dollar
yr – Year

See accompanying notes.

(continues) NQ-DEX [8/18] 10/18 (621370) 13

Notes

Delaware Enhanced Global Dividend and Income Fund
August 31, 2018 (Unaudited)

1. Significant Accounting Policies
The following accounting policies are in accordance with US generally accepted accounting principles (US GAAP) and are consistently followed by Delaware Enhanced Global Dividend and Income Fund (Fund). The Fund is an investment company and follows accounting and reporting guidance under Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) Topic 946, “Financial Services - Investment Companies”. This report covers the period of time since the Fund’s last fiscal year end, Nov. 30, 2017.

Security Valuation — Equity securities and exchange-traded funds (ETFs), except those traded on the Nasdaq Stock Market LLC (Nasdaq), are valued at the last quoted sales price as of the time of the regular close of the New York Stock Exchange on the valuation date. Equity securities and ETFs traded on the Nasdaq are valued in accordance with the Nasdaq Official Closing Price, which may not be the last sales price. If, on a particular day, an equity security or ETF does not trade, the mean between the bid and ask prices will be used, which approximates fair value. Equity securities listed on a foreign exchange are normally valued at the last quoted sales price on the valuation date. US government and agency securities are valued at the mean between the bid and ask prices, which approximates fair value. Other debt securities are valued based upon valuations provided by an independent pricing service or broker and reviewed by management. To the extent current market prices are not available, the pricing service may take into account developments related to the specific security, as well as transactions in comparable securities. Valuations for fixed income securities utilize matrix systems, which reflect such factors as security prices, yields, maturities, and ratings, and are supplemented by dealer and exchange quotations. For asset-backed securities, collateralized mortgage obligations, commercial mortgage securities, and US government agency mortgage securities, pricing vendors utilize matrix pricing which considers prepayment speed; attributes of the collateral; yield or price of bonds of comparable quality, coupon, maturity, and type as well as broker/dealer-supplied prices. Foreign currency exchange contracts are valued at the mean between the bid and ask prices, which approximates fair value. Interpolated values are derived when the settlement date of the contract is an interim date for which quotations are not available. Generally, other securities and assets for which market quotations are not readily available are valued at fair value as determined in good faith under the direction of the Fund’s Board of Trustees (Board). In determining whether market quotations are readily available or fair valuation will be used, various factors will be taken into consideration, such as market closures or suspension of trading in a security. The Fund may use fair value pricing more frequently for securities traded primarily in non-US markets because, among other things, most foreign markets close well before the Fund values its securities, generally as of 4:00pm Eastern time. The earlier close of these foreign markets gives rise to the possibility that significant events, including broad market moves, government actions or pronouncements, aftermarket trading, or news events may have occurred in the interim. Whenever such a significant event occurs, the Fund may value foreign securities using fair value prices based on third-party vendor modeling tools (international fair value pricing). Restricted securities are valued at fair value using methods approved by the Board.

2. Investments
US GAAP defines fair value as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date under current market conditions. A three-level hierarchy for fair value measurements has been established based upon the transparency of inputs to the valuation of an asset or liability. Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect the reporting entity’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available under the circumstances. The Fund’s investment in its entirety is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-level hierarchy of inputs is summarized below and on the next page.

Level 1	–	Inputs are quoted prices in active markets for identical investments. (Examples: equity securities, open-end investment companies, futures contracts, and exchange-traded options contracts)

Level 2	–	Other observable inputs, including, but not limited to: quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, loss severities, credit risks, and default rates), or other market-corroborated inputs. (Examples: debt securities, government securities, swap contracts, foreign currency exchange contracts, foreign securities utilizing international fair value pricing, broker-quoted securities, and fair valued securities)

Level 3		Significant unobservable inputs, including the Fund’s own assumptions used to determine the fair value of investments. (Examples: broker-quoted securities, fair valued securities)

14 NQ-DEX [8/18] 10/18 (621370)

(Unaudited)

Level 3 investments are valued using significant unobservable inputs. The Fund may also use an income-based valuation approach in which the anticipated future cash flows of the investment are discounted to calculate fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Valuations may also be based upon current market prices of securities that are comparable in coupon, rating, maturity, and industry. The derived value of a Level 3 investment may not represent the value which is received upon disposition and this could impact the results of operations.

The following table summarizes the valuation of the Fund’s investments by fair value hierarchy levels as of Aug. 31, 2018:

Securities	Level 1		Level 2			Level 3		Total
Assets:
Agency, Asset- &
Mortgage-Backed Securities	$	—	$	149,740		$	—	$	149,740
Corporate Debt		—		115,154,100			—		115,154,100
Foreign Debt		—		7,296,910			—		7,296,910
Common Stock		130,486,181		—			—		130,486,181
Convertible Preferred Stock¹		2,511,019		2,915,656			—		5,426,675
Exchange-Traded Fund		11,337		—			—		11,337
Limited Partnerships		—		—			2,067,028		2,067,028
Preferred Stock¹		440,778		507,600			—		948,378
US Treasury Obligations		—		1,788,242			—		1,788,242
Warrant		—		222			—		222
Short-Term Investments		—		5,268,000			—		5,268,000
Total Value of Securities	$	133,449,315	$	133,080,470		$	2,067,028	$	268,596,813
Derivatives:^*
Liabilities:
Foreign Currency Exchange
Contracts	$	—	$	(33	)	$	—	$	(33	)

*Foreign currency exchange contracts are valued at the unrealized appreciation (depreciation) on the instrument at the period end.

¹Security type is valued across multiple levels. Level 1 investments represent exchange-traded investments, Level 2 investments represent investments with observable inputs or matrix-priced investments, and Level 3 investments represent investments without observable inputs. The amounts attributed to Level 1 investments, Level 2 investments, and Level 3 investments represent the following percentages of the total market value of these security types:

	Level 1	Level 2	Total
Convertible Preferred Stock	46.27%	53.73%	100.00%
Preferred Stock	46.48%	53.52%	100.00%

As a result of utilizing international fair value pricing at Aug. 31, 2018, a portion of the portfolio was categorized as Level 2.

The securities that have been valued at zero on the “Schedule of investments” are considered to be Level 3 investments in this table.

During the period ended Aug. 31, 2018, there were no transfers between Level 1 investments, Level 2 investments, or Level 3 investments that had a significant impact to the Fund. This does not include transfers between Level 1 investments and Level 2 investments due to the Fund utilizing international fair value pricing during the period. In accordance with the fair valuation procedures described in Note 1, international fair value pricing of securities in the Fund occurs when market volatility exceeds an established rolling threshold. If the threshold is exceeded on a given date, then prices of international securities (those that traded on exchanges that close at a different time than the time that the Fund’s net asset value (NAV) is determined) are established using a separate pricing feed from a third party vendor designed to establish a price for each such security as of the time that the Fund’s NAV is determined. Further, international fair value pricing uses other observable market-based inputs in place of the closing exchange price due to the events occurring after the close of the exchange or market on which the investment is principally traded, causing a change in classification between levels. The Fund’s policy is to recognize transfers between levels based on fair value at the beginning of the reporting period.

(continues) NQ-DEX [8/18] 10/18 (621370) 15

(Unaudited)

The following is a reconciliation of investments in which significant unobservable inputs (Level 3) were used in determining fair value for the Fund:

	Limited
	Partnerships
Beginning balance Nov. 30, 2017		$	1,826,153
Purchases			82,233
Amortization of premium			(101,928	)
Net change in unrealized appreciation			260,570
Ending balance Aug. 31, 2018		$	2,067,028
Net change in unrealized appreciation
from investments still held at the
end of the period		$	260,570

When market quotations are not readily available for one or more portfolio securities, the Fund’s NAV shall be calculated by using the “fair value” of the securities as determined by the Pricing Committee. Such “fair value” is the amount that the Fund might reasonably expect to receive for the security (or asset) upon its current sale. Each such determination should be based on a consideration of all relevant factors, which are likely to vary from one pricing context to another. Examples of such factors may include, but are not limited to: (i) the type of security, (ii) the size of the holding, (iii) the initial cost of the security, (iv) the existence of any contractual restrictions of the security’s disposition, (v) the price and extent of public trading in similar securities of the issuer or of comparable companies, (vi) quotations or evaluated prices from broker/dealers and/or pricing services, (vii) information obtained from the issuer, analysts, and/or appropriate stock exchange (for exchange-traded securities), (viii) an analysis of the company’s financial statements, and (ix) an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold.

The Pricing Committee, or its delegate, employs various methods for calibrating these valuation approaches, including due diligence of the Fund’s pricing vendors and periodic back-testing of the prices that are fair valued under these procedures and reviews of any market related activity. The pricing of all securities fair valued by the Pricing Committee is subsequently reported to and approved by the Board on a quarterly basis.

3. Recent Accounting Pronouncements
In March 2017, the FASB issued an Accounting Standards Update, ASU 2017-08, Receivables — Nonrefundable Fees and Other Costs (Subtopic 310-20), Premium Amortization on Purchased Callable Debt Securities which amends the amortization period for certain purchased callable debt securities held at a premium, shortening such period to the earliest call date. The ASU 2017-08 does not require any accounting change for debt securities held at a discount; the discount continues to be amortized to maturity. The ASU 2017-08 is effective for fiscal years, and interim periods within those fiscal years, beginning after Dec. 15, 2018. At this time, management is evaluating the implications of these changes on the financial statements.

In August 2018, the FASB issued an Accounting Standards Update, ASU 2018-13, which changes certain fair value measurement disclosure requirements. The ASU 2018-13, in addition to other modifications and additions, removes the requirement to disclose the amount and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, the policy for the timing of transfers between levels and the valuation process for Level 3 fair value measurements. The ASU 2018-13 is effective for fiscal years, and interim periods within those fiscal years, beginning after Dec. 15, 2019. At this time, management is evaluating the implications of these changes on the financial statements.

4. Subsequent Events
Management has determined that no material events or transactions occurred subsequent to Aug. 31, 2018 that would require recognition or disclosure in the Fund’s “Schedule of investments.”

16 NQ-DEX [8/18] 10/18 (621370)

Item 2. Controls and Procedures.

The registrant’s principal executive officer and principal financial officer have evaluated the registrant’s disclosure controls and procedures within 90 days of the filing of this report and have concluded that they are effective in providing reasonable assurance that the information required to be disclosed by the registrant in its reports or statements filed under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the rules and forms of the Securities and Exchange Commission.

There were no significant changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2(a)), exactly as set forth below: