Mutual funds

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance quoted.

Total returns may reflect waivers and/or expense reimbursements by the manager and/or distributor (as applicable) for some or all of the periods shown. Performance would have been lower without such waivers and reimbursements.

Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds’ prospectuses and their summary prospectuses, which may be obtained by visiting macquarie.com/mam/literature or calling 877 693-3546. Investors should read the prospectus and the summary prospectus carefully before investing.

Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in the Funds’ prospectuses and their summary prospectuses, which may be obtained by visiting macquarie.com/mam/literature or calling 800 523-1918. Investors should read the prospectus and the summary prospectus carefully before investing.

Performance at NAV assumes that no front-end or contingent deferred sales charge (CDSC) applied or the investment was not redeemed. Performance at offer assumes that a front-end sales charge or CDSC applied to the extent applicable. Institutional Class shares, Class R6 shares, Class R shares and Class Y shares do not have a front-end sales charge or CDSC. Institutional Class shares, Class R6 shares, Class R, and Class Y shares are only available to certain investors. Please see the prospectus for more information.

Macquarie equity funds, multi-asset funds, and alternative specialty funds have a maximum front end sales charge of 5.75%. The Class A shares have a 1% contingent deferred sales charge (CDSC) on certain Class A shares that are purchased at net asset value (NAV) for $1 million or more that are subsequently redeemed within 18 months of purchase. The Class C shares have a 1% CDSC that applies to redemptions within 12 months of purchase. Macquarie taxable fixed income funds (excluding intermediate funds) have a maximum front end sales charge of 4.50%. Class A shares have a 1% CDSC on certain Class A shares that are purchased at NAV for $1 million or more that are subsequently redeemed within 18 months of purchase. The Class C shares have a 1% CDSC that applies to redemptions within 12 months of purchase. Macquarie intermediate fixed income funds (applies to Macquarie Floating Rate Fund and Macquarie Limited-Term Diversified Income Fund) have a maximum front end sales charge of 2.75%. Class A shares, have a 1% CDSC on certain Class A shares that are purchased at NAV for $1 million or more that are subsequently redeemed within 18 months of purchase. The Class C shares have a 1% CDSC that applies to redemptions within 12 months of purchase. Macquarie municipal fixed income funds have a maximum front end sales charge of 4.50% (2.75% for Macquarie Tax-Free USA Intermediate Fund). Class A shares have a 1% CDSC on certain Class A shares that are purchased at NAV for $250,000 or more that are subsequently redeemed within 18 months of purchase. The Class C shares have a 1% CDSC applies to redemptions within 12 months of purchase.

Class C shares are subject to a 1.00% annual distribution and service fee and will be subject to a contingent deferred sales charge of 1.00% if redeemed within the first 12 months.

Amounts designated as "n/a" are not available.