MAY 12, 2000
DELAWARE POOLED TRUST
THE INTERNATIONAL SMALL-CAP PORTFOLIO
THE INTERMEDIATE FIXED INCOME PORTFOLIO
THE AGGREGATE FIXED INCOME PORTFOLIO
THE BALANCED PORTFOLIO
SUPPLEMENT TO THE PROSPECTUS DATED FEBRUARY 28, 2000
The Prospectus is hereby amended and supplemented to reflect the following
changes to the section of the Prospectus entitled "Management of the Fund"
with respect to The International Small-Cap Portfolio, The Intermediate Fixed
Income Portfolio, The Aggregate Fixed Income Portfolio and The Balanced
Portfolio of Delaware Pooled Trust.
- As of May 2000, Joshua H. Brooks has been promoted to the position of
Senior Vice President, deputy to the chief executive officer, of
Delaware Management Holdings, Inc., a parent of Delaware International.
As a result, Mr. Brooks no longer serves as a senior portfolio manager
of The International Small-Cap Portfolio. Gavin A. Hall and Clive A.
Gillmore now share responsibility for making the day-to-day investment
decisions for The International Small-Cap Portfolio.
- Roger A. Early now has primary responsibility for making the day-to-day
investment decisions for The Intermediate Fixed Income Portfolio and The
Aggregate Fixed Income Portfolio in addition to his investment
responsibilities for The Diversified Core Fixed Income Portfolio. Mr.
Early has managed The Intermediate Fixed Income Portfolio and The
Aggregate Fixed Income Portfolio since April 25, 2000 and The
Diversified Core Fixed Income Portfolio since its inception.
- John B. Jares, Paul A. Grillo and Stephen R. Cianci have primary
responsibility for making the day-to-day investment decisions for The
Balanced Portfolio.
Paul A. Grillo
Vice President/Portfolio Manager - The Balanced Portfolio
Mr. Grillo holds a BA in Business Management from North Carolina State
University and an MBA in Finance from Pace University. Prior to joining
Delaware Investments in 1993, Mr. Grillo served as mortgage strategist
and trader at the Dreyfus Corporation. He also served as mortgage
strategist and portfolio manager for the Chemical Investment Group and
as financial analyst at Chemical Bank. Mr. Grillo is a CFA
charterholder. Mr. Grillo has managed the fixed-income portion of The
Balanced Portfolio since April 25, 2000.
Stephen R. Cianci
Vice President/Portfolio Manager - The Balanced Portfolio
Mr. Cianci holds a BS and an MBA in Finance from Widener University. He
joined Delaware Investments in 1992 and assumed responsibility for
maintaining the Fixed Income Department's investment grade analytical
systems. These responsibilities included portfolio analysis and the
analysis of mortgage-backed and asset-backed securities. Mr. Cianci is
an Adjunct Professor of Finance at Widener University and a CFA
charterholder. Mr. Cianci has managed the fixed-income portion of The
Balanced Portfolio since April 25, 2000
MAY 12, 2000
DELAWARE POOLED TRUST
THE BALANCED PORTFOLIO
SUPPLEMENT TO THE PROSPECTUS DATED FEBRUARY 28, 2000
The following replaces information under the section of the Prospectus
entitled "Management of the Fund" with respect to "Portfolio Managers":
John B. Jares, Paul A. Grillo and Stephen R. Cianci have primary
responsibility for making the day-to-day investment decisions for The
Balanced Portfolio.
John B. Jares
Vice President/Senior Portfolio Manager - The Balanced Portfolio
Mr. Jares holds a BS degree in Finance and an MBA from the University of
Colorado. He joined Delaware Investments in March 2000. Mr. Jares
comes to Delaware from Berger Funds, where he served as a portfolio
manager and securities analyst specializing in the consumer and
technology sectors. Prior to joining Berger, Mr. Jares was a senior
equity analyst at Founders Asset Management, with responsibility for
large capitalization companies. He began his career at Lipper
Analytical Services , Inc. in 1992. Mr. Jares is a CFA Charterholder.
Mr. Jares has managed The Balanced Portfolio since March 2000.
Paul A. Grillo
Vice President/Portfolio Manager - The Balanced Portfolio
Mr. Grillo holds a BA in Business Management from North Carolina State
University and an MBA in Finance from Pace University. Prior to joining
Delaware Investments in 1993, Mr. Grillo served as mortgage strategist
and trader at the Dreyfus Corporation. He also served as mortgage
strategist and portfolio manager for the Chemical Investment Group and
as financial analyst at Chemical Bank. Mr. Grillo is a CFA
charterholder. Mr. Grillo has managed the fixed-income portion of The
Balanced Portfolio since April 25, 2000.
Stephen R. Cianci
Vice President/Portfolio Manager - The Balanced Portfolio
Mr. Cianci holds a BS and an MBA in Finance from Widener University. He
joined Delaware Investments in 1992 and assumed responsibility for
maintaining the Fixed Income Department's investment grade analytical
systems. These responsibilities included portfolio analysis and the
analysis of mortgage-backed and asset-backed securities. Mr. Cianci is
an Adjunct Professor of Finance at Widener University and a CFA
charterholder. Mr. Cianci has managed the fixed-income portion of The
Balanced Portfolio since April 25, 2000.
