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Delaware Investments Colorado Municipal Income Fund, Inc. (NYSE:VCF) (the “Colorado Muni Fund”) and Delaware Investments Minnesota Municipal Income Fund II, Inc. (NYSE:VMM) (the “Minnesota Muni Fund”) today announce that the Colorado Muni Fund and Minnesota Muni Fund will make final distributions in connection with the acquisition described in the second paragraph below. This final distribution will be payable on February 4, 2022 to common shareholders of record on February 1, 2022. The final Colorado Muni Fund and Minnesota Muni Fund distributions will consist of substantially all of each fund’s undistributed tax-exempt interest income, ordinary income and capital gain net income, if any, earned and anticipated to be earned through close of business on February 1, 2022. In early 2023, common shareholders of Colorado Muni Fund and common shareholders of Minnesota Muni Fund will receive a Form 1099-DIV for the calendar year 2022 that will tell shareholders how to report these distributions for federal income tax purposes.
The final distributions are as follows:
|
FUND |
DIVIDEND PER SHARE |
|
Delaware Investments Colorado Municipal Income Fund, Inc. (VCF) |
$0.052 |
|
Delaware Investments Minnesota Municipal Income Fund II, Inc. (VMM) |
$0.276 |
Each fund’s final distribution is being made in connection with an Agreement and Plan of Acquisition (the “Plan of Acquisition”) providing for (i) the acquisition by Delaware Investments National Municipal Income Fund (NYSE:VFL) (“National Muni Fund”) of substantially all of the assets of both Colorado Muni Fund and Minnesota Muni Fund, in exchange …
Full story available on Benzinga.com
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