Delaware Management Company 100 Independence, 610 Market Street Philadelphia, PA 19106-2354Expense Limitation Agreement • April 28th, 2023 • Delaware Group Limited-Term Government Funds
By our execution of this letter agreement (the “Agreement”), intending to be legally bound hereby, Delaware Management Company, a series of Macquarie Investment Management Business Trust (the “Manager”), agrees that in order to improve the performance of the series of Delaware Group Limited-Term Government Funds listed below (collectively, the Funds”), the Manager shall waive all or a portion of its investment advisory fees and/or pay/reimburse expenses (excluding any 12b-1 fees, acquired fund fees and expenses, taxes, interest, short sale dividend and interest expenses, brokerage fees, certain insurance costs, and nonroutine expenses or costs, including, but not limited to, those relating to reorganizations, litigation, conducting shareholder meetings, and liquidations (collectively, the “Excluded Expenses”)) in an aggregate amount equal to the amount by which the Funds’ total annual fund operating expenses (excluding any Excluded Expenses) exceed the percentages set forth below for t
