IVY FUNDS, Delaware Group File DEF 14A for Shareholder Meetings

Ivy Funds DEF 14A Filing Summary
Field	Detail
Company	Ivy Funds
Form Type	DEF 14A
Filed Date	Jul 9, 2025
Risk Level	low
Sentiment	neutral

Sentiment: neutral

Topics: DEF 14A, Proxy Statement, Investment Funds, Corporate Governance, SEC Filing, Delaware Group, IVY FUNDS

TL;DR

**This DEF 14A is a routine regulatory filing; no immediate market-moving news, just standard fund governance.**

AI Summary

This DEF 14A filing, submitted on July 9, 2025, by IVY FUNDS and several Delaware Group entities, primarily concerns proxy solicitations for upcoming shareholder meetings, with a Conformed Period of Report ending September 10, 2025. The filing details the corporate structure and historical name changes of IVY FUNDS, which was formerly W&R FUNDS INC and Waddell & Reed Funds Inc, with its last name change on June 30, 2003. Similarly, Delaware Group Adviser Funds, Delaware Group State Tax-Free Income Trust, Delaware Group Cash Reserve, and Delaware Group Limited-Term Government Funds also disclose their historical name changes and current business addresses at 100 Independence, 610 Market Street, Philadelphia, PA 19106-2354. The filing does not contain specific revenue or net income figures, focusing instead on regulatory compliance and corporate governance. Key business changes involve the evolution of fund names and structures over several decades, indicating a long-standing presence in the investment management sector. Risks are not explicitly detailed in the provided excerpt but are implicitly related to the ongoing regulatory requirements for investment companies. The strategic outlook involves maintaining compliance with the 1934 Act and ensuring proper shareholder communication for the various funds.

Why It Matters

This DEF 14A filing signals upcoming shareholder votes for IVY FUNDS and several Delaware Group entities, crucial for investors to understand potential changes in fund governance or policies. For employees, it indicates ongoing operational stability and adherence to regulatory frameworks. Customers of these funds should pay attention to any proposals that could impact their investments, such as fee structures or investment objectives. In the broader market, these filings highlight the continuous regulatory obligations of investment companies, reinforcing transparency and investor protection standards in a competitive asset management landscape where firms like Vanguard and Fidelity constantly vie for market share.

Risk Assessment

Risk Level: low — The filing is a routine DEF 14A proxy statement, indicating standard corporate governance activities for IVY FUNDS and associated Delaware Group entities. It does not disclose any specific financial distress or operational risks, focusing on historical corporate data and regulatory compliance under the 1934 Act. The document's nature as a proxy filing for a period ending September 10, 2025, suggests ongoing, normal business operations.

Analyst Insight

Investors should review the full DEF 14A filing when available to understand the specific proposals being put to a vote by IVY FUNDS and the Delaware Group entities. Pay close attention to any changes in fund management, investment objectives, or fee structures that could impact your portfolio. This is a good opportunity to engage with fund governance.

Key Numbers

2025-07-09 — Filing Date (Date the DEF 14A was filed)
2025-09-10 — Conformed Period of Report End Date (End date for the period covered by the report)
0000883622 — IVY FUNDS CIK (Central Index Key for IVY FUNDS)
0000910682 — Delaware Group Adviser Funds CIK (Central Index Key for Delaware Group Adviser Funds)
0000201670 — Delaware Group State Tax-Free Income Trust CIK (Central Index Key for Delaware Group State Tax-Free Income Trust)
0000230173 — Delaware Group Cash Reserve CIK (Central Index Key for Delaware Group Cash Reserve)
0000357059 — Delaware Group Limited-Term Government Funds CIK (Central Index Key for Delaware Group Limited-Term Government Funds)
100 Independence, 610 Market Street — Business Address (Shared business address for all listed funds in Philadelphia, PA 19106-2354)
18005231918 — Business Phone (Shared business phone for most listed funds)
2003-06-30 — IVY FUNDS Last Name Change Date (Date IVY FUNDS changed its name from W&R FUNDS INC)

Key Players & Entities

IVY FUNDS (company) — Filer of DEF 14A
DELAWARE GROUP ADVISER FUNDS (company) — Filer of DEF 14A
DELAWARE GROUP STATE TAX-FREE INCOME TRUST (company) — Filer of DEF 14A
DELAWARE GROUP CASH RESERVE (company) — Filer of DEF 14A
DELAWARE GROUP LIMITED-TERM GOVERNMENT FUNDS (company) — Filer of DEF 14A
SEC (regulator) — Regulates DEF 14A filings
W&R FUNDS INC (company) — Former name of IVY FUNDS
WADDELL & REED FUNDS INC (company) — Former name of IVY FUNDS
Philadelphia (location) — Business address city for all filers
1934 Act (regulatory) — Governing act for DEF 14A filings

FAQ

What is the purpose of the DEF 14A filing by IVY FUNDS?

The DEF 14A filing by IVY FUNDS, submitted on July 9, 2025, is a proxy statement used to solicit shareholder votes for upcoming meetings. It provides information necessary for shareholders to make informed decisions regarding proposals, governance, and other corporate matters for the period ending September 10, 2025.

Which entities are included in this DEF 14A filing besides IVY FUNDS?

In addition to IVY FUNDS, the DEF 14A filing includes Delaware Group Adviser Funds, Delaware Group State Tax-Free Income Trust, Delaware Group Cash Reserve, and Delaware Group Limited-Term Government Funds. All these entities share a business address in Philadelphia, PA.

What is the Conformed Period of Report for this filing?

The Conformed Period of Report for this DEF 14A filing is September 10, 2025. This date indicates the end of the period to which the information in the proxy statement pertains, guiding shareholders on the relevant timeframe for the proposals.

Has IVY FUNDS undergone any name changes historically?

Yes, IVY FUNDS has undergone several name changes. It was formerly known as W&R FUNDS INC, with a name change on June 30, 2003, and prior to that, Waddell & Reed Funds Inc, with a name change on July 17, 1992.

Where are the business operations for IVY FUNDS and Delaware Group entities located?

The business operations for IVY FUNDS and the various Delaware Group entities listed in the filing are located at 100 Independence, 610 Market Street, Philadelphia, PA 19106-2354. This shared address suggests a centralized operational hub for these investment funds.

What regulatory act governs this DEF 14A filing?

This DEF 14A filing is governed by the 1934 Act, specifically the Securities Exchange Act of 1934. This act mandates certain disclosures and proxy solicitations for publicly traded companies and investment funds to ensure investor protection and transparency.

Are there any specific financial figures like revenue or net income mentioned in this DEF 14A excerpt?

No, the provided excerpt of the DEF 14A filing does not contain specific financial figures such as revenue or net income. The document focuses on corporate identification, historical name changes, and regulatory compliance rather than detailed financial performance metrics.

What is the Central Index Key (CIK) for IVY FUNDS?

The Central Index Key (CIK) for IVY FUNDS is 0000883622. This unique identifier is used by the SEC to identify individuals and corporations that file disclosure documents.

What is the fiscal year end for IVY FUNDS?

The fiscal year end for IVY FUNDS is March 31. This date is important for financial reporting cycles and understanding when annual financial statements are typically prepared.

What should investors do with the information from this DEF 14A filing?

Investors should use this DEF 14A filing as notice of upcoming shareholder meetings and an opportunity to review the full proxy statement for specific proposals. They should pay attention to any items that could affect their investments, such as changes in fund objectives, management, or fees, and consider exercising their voting rights.

Industry Context

The investment management industry is highly regulated, with companies like IVY FUNDS and the Delaware Group entities operating within strict compliance frameworks. The industry is characterized by evolving fund structures and names, reflecting market adaptation and corporate restructuring over time. Competition is intense, driven by performance, fees, and product innovation.

Regulatory Implications

This DEF 14A filing underscores the ongoing need for strict adherence to SEC regulations, particularly the 1934 Act, concerning shareholder communications and proxy solicitations. Any missteps in disclosure or governance could lead to regulatory scrutiny and potential penalties.

What Investors Should Do

Review proxy materials carefully before voting.
Note the historical name changes and corporate evolution.

Key Dates

2025-07-09: DEF 14A Filing — Indicates the company is providing updated proxy information to shareholders for upcoming meetings.
2025-09-10: Conformed Period of Report End Date — Defines the end of the reporting period for which the proxy statement is relevant.
2003-06-30: IVY FUNDS Last Name Change — Marks a significant corporate identity change, previously known as W&R FUNDS INC.
1992-07-17: WADDELL & REED FUNDS INC Name Change — Represents an earlier stage in the corporate evolution of IVY FUNDS.
1996-12-02: DELAWARE GROUP ADVISER FUNDS INC /MD/ Name Change — Indicates a historical name change for one of the Delaware Group entities.
1998-04-23: DELAWARE GROUP STATE TAX FREE INCOME TRUST/PA/ Name Change — Shows a historical name change for the Delaware Group State Tax-Free Income Trust.

Glossary

DEF 14A: A proxy statement filed with the SEC by publicly traded companies to solicit shareholder votes. (This filing is the primary document for shareholders to understand proposals and vote on company matters.)
CIK: Central Index Key, a unique identifier assigned to each entity that files with the SEC. (Used to track filings and corporate history for IVY FUNDS and the various Delaware Group entities.)
1934 Act: The Securities Exchange Act of 1934, which governs the secondary trading of securities and requires ongoing disclosures. (The filing is made in compliance with the requirements of this act for public companies.)
Conformed Period of Report: The period for which the information in the filing is considered to be reported. (Helps investors understand the timeframe covered by the proxy solicitation.)

Year-Over-Year Comparison

This filing is a DEF 14A, which primarily focuses on proxy solicitations and corporate governance rather than detailed financial performance metrics like revenue or net income. Therefore, a direct comparison of financial metrics to a previous filing is not possible based on the provided information. The key changes highlighted are related to corporate identity and historical name changes, indicating continuity in operations rather than significant shifts in financial performance.

Filing Details

This Form DEF 14A (Form DEF 14A) was filed with the SEC on July 9, 2025 regarding IVY FUNDS.

View full filing on EDGAR

View Full Filing

View this DEF 14A filing on SEC EDGAR