EX-99.77C VOTES 4 vmf3proxy.txt PROXY VOTE Voyageur Mutual Funds III N-SAR Exhibits Sub-Item 77C: Submission of matters to a vote of security holders. The shareholders of Voyageur Mutual Funds III (the "Trust") voted on the following proposals at the special meeting of shareholders on March 23, 2005 or as adjourned. The description of each proposal and number of shares voted are as follows: 1. To elect a Board of Trustees for the Trust. Shares Voted For Shares Voted Withheld Authority Thomas L. Bennett 14,171,891 494,986 Jude T. Driscoll 14,160,234 506,643 John A. Fry 14,176,259 490,618 Anthony D. Knerr 14,157,034 509,843 Lucinda S. Landreth 14,167,809 499,067 Ann R. Leven 14,157,278 509,599 Thomas F. Madison 14,155,735 511,142 Janet L. Yeomans 14,174,643 492,234 J. Richard Zecher 14,170,279 496,598 2. To approve the use of a "manager of managers" structure whereby the investment manager of the funds of the Trust will be able to hire and replace subadvisers without shareholder approval. For Against Abstain Broker Non-Votes Delaware Select Growth Fund 10,148,502 829,102 421,952 3,267,321