Delaware Corporate Bond Fund
Delaware Extended Duration Bond Fund
Supplement to Prospectuses dated September 29, 1999
The following replaces the information under the section
entitled "Portfolio managers":
Stuart N. Hosansky has primary responsibility for making
day-to-day investment decisions for Funds.
Stuart N. Hosansky, Vice President/Portfolio Manager, earned
his bachelor's degree in Business Administration from Ohio
State University and his MBA in Finance from Drexel
University. He joined Delaware Investments in September
1998. Mr. Hosansky began his investment career at PNC
Financial Corp. as an Assistant Vice President and Credit
Officer. He subsequently held various positions at
Corestates Financial Corp. in both trading and credit
analysis. Most recently, Mr. Hosansky worked for Corestates
Investment Advisers as a Portfolio Manager performing
extensive fixed-income research. He is a CFA charterholder
and a member of the Financial Analysts of Philadelphia. Mr.
Hosansky has been managing the Funds since April 25, 2000.
