PHILADELPHIA, Aug. 1 /PRNewswire-FirstCall/ --
Today, the following four Delaware Investments municipal income funds, all closed-end management investment companies, declare their monthly income dividends(1): Delaware Investments Arizona Municipal Income Fund, Inc., Delaware Investments Colorado Insured Municipal Income Fund, Inc., Delaware Investments Florida Insured Municipal Income Fund and Delaware Investments Minnesota Municipal Income Fund II, Inc. The investment objective of each Fund is to provide current income exempt from federal income tax and from the personal income tax of its state, if any, consistent with the preservation of capital. In addition, each Fund utilizes leveraging techniques in an attempt to obtain a higher return for the Fund.
The following dates apply to today's dividend announcement:
Declaration Date: 8/1/2006
Ex-Date: 8/9/2006
Record Date: 8/11/2006
Payable Date: 8/25/2006
The dividend distributions and are as follows:
FUND Dividend per Share
Delaware Investments Arizona Municipal
Income Fund, Inc. (AMEX:VAZ)(2) $0.065000
Delaware Investments Colorado Insured
Municipal Income Fund, Inc. (AMEX:VCF)(3) $0.070000
Delaware Investments Florida Insured
Municipal Income Fund (AMEX:VFL)(4) $0.070000
Delaware Investments Minnesota Municipal
Income Fund II, Inc. (AMEX:VMM)(5) $0.062500
(1) The dividends are exempt from federal income tax.
(2) The dividend is exempt from Arizona state personal income tax.
(3) The dividend is exempt from Colorado state personal income tax.
(4) The dividend is exempt from the Florida intangible personal property
tax.
(5) The dividend is exempt from Minnesota state personal income tax.
About Delaware Investments:
Delaware Investments, an affiliate of Lincoln Financial Group, is a Philadelphia-based diversified asset management firm with more than $120 billion in assets under management as of March 31, 2006. Through a broad range of managed accounts and portfolios, mutual funds, retirement accounts, sub- advised funds, education savings plans and other investment products, Delaware Investments provides investment services to individual investors and to institutional investors such as private and public pension funds, foundations, and endowment funds. Delaware Investments is the marketing name for Delaware Management Holdings, Inc. and its subsidiaries. For more information on Delaware Investments, visit the company at http://www.delawareinvestments.com/. Lincoln Financial Group is the marketing name for Lincoln National Corporation (NYSE:LNC) and its affiliates. For more information on Lincoln Financial Group, visit http://www.lfg.com/.
DATASOURCE: Delaware Investments
CONTACT: Ayele Ajavon, +1-215-255-1632, , or Laurel
O'Brien, +1-215-255-1520, or , both Corporate
Communications of Delaware Investments
Web site: http://www.delawareinvestments.com/
http://www.lfg.com/