0001206774-12-004909.txt : 20121220 0001206774-12-004909.hdr.sgml : 20121220 20121220152741 ACCESSION NUMBER: 0001206774-12-004909 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20121220 DATE AS OF CHANGE: 20121220 EFFECTIVENESS DATE: 20121220 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DELAWARE GROUP GOVERNMENT FUND CENTRAL INDEX KEY: 0000769220 IRS NUMBER: 232448685 FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-97889 FILM NUMBER: 121277148 BUSINESS ADDRESS: STREET 1: ONE COMMERCE SQUARE STREET 2: 2005 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19103 BUSINESS PHONE: 18005231918 MAIL ADDRESS: STREET 1: ONE COMMERCE SQUARE STREET 2: 2005 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19103 FORMER COMPANY: FORMER CONFORMED NAME: DELAWARE GROUP GOVERNMENT FUND INC DATE OF NAME CHANGE: 19920703 0000769220 S000003919 DELAWARE CORE PLUS BOND FUND C000010992 CLASS A DEGGX C000010993 CLASS B DEGBX C000010994 CLASS C DUGCX C000010995 CLASS R DUGRX C000010996 INSTITUTIONAL CLASS DUGIX 497 1 dgcoreplusbondfund_497.htm TRANSMITTAL LETTER

Stradley, Ronon, Stevens & Young, LLP
2005 Market Street, Suite 2600
Philadelphia, Pennsylvania 19103
(215) 564-8000

December 20, 2012

VIA EDGAR TRANSMISSION

Filing Desk
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, DC 20549
Attention: James O'Connor

      RE:       Delaware Group Government Fund (the “Registrant”)
    File Nos. 811-04304; 002-97889  

Dear Sir or Madam:

     Pursuant to Rule 497(c) under the Securities Act of 1933, as amended, submitted electronically via the EDGAR system, please find enclosed certain risk/return summary information in an interactive data format using the eXtensible Business Reporting Language (the “XBRL exhibits”). The XBRL exhibits reflect the Item 2, 3 and 4 risk/return summary disclosure required by Form N-1A, which disclosure was included in the definitive prospectus dated November 28, 2012, for Delaware Core Plus Bond Fund, a series of the Registrant, that was filed with the U.S. Securities and Exchange Commission via the EDGAR system on November 30, 2012 (Accession No. 0001206774-12-004723) pursuant to Rule 497(c) under the Securities Act of 1933.

     If you have any questions or comments regarding this filing, please call me at (215) 564-8099.

Very truly yours,
 
 
/s/ Jonathan M. Kopcsik  
Jonathan M. Kopcsik

cc:       Michael E. Dresnin
Bruce G. Leto


EX-101.INS 2 delaware-20121218.xml XBRL INSTANCE DOCUMENT 0000769220 2012-11-28 2012-11-28 0000769220 delaware:S000003919Member delaware:AAAAMember 2012-11-28 2012-11-28 0000769220 delaware:S000003919Member delaware:C000010992Member delaware:AAAAMember 2012-11-28 2012-11-28 0000769220 delaware:S000003919Member delaware:C000010993Member delaware:AAAAMember 2012-11-28 2012-11-28 0000769220 delaware:S000003919Member delaware:C000010994Member delaware:AAAAMember 2012-11-28 2012-11-28 0000769220 delaware:S000003919Member delaware:C000010995Member delaware:AAAAMember 2012-11-28 2012-11-28 0000769220 delaware:S000003919Member delaware:C000010996Member delaware:AAAAMember 2012-11-28 2012-11-28 0000769220 delaware:S000003919Member delaware:C000010992Member rr:AfterTaxesOnDistributionsMember delaware:AAAAMember 2012-11-28 2012-11-28 0000769220 delaware:S000003919Member delaware:C000010992Member rr:AfterTaxesOnDistributionsAndSalesMember delaware:AAAAMember 2012-11-28 2012-11-28 0000769220 delaware:S000003919Member delaware:benchmark0103AAAAMember delaware:AAAAMember 2012-11-28 2012-11-28 xbrli:pure iso4217:USD xbrli:shares iso4217:USD xbrli:shares Other 2012-07-31 DELAWARE GROUP GOVERNMENT FUND 0000769220 false 2012-11-28 2012-11-30 2012-11-28 <div style="display: none">~ http://xbrl.sec.gov/rr/role/RiskReturnDetailData column period compact * row dei_DocumentInformationDocumentAxis compact * row dei_LegalEntityAxis compact * row rr_ProspectusShareClassAxis compact * row rr_PerformanceMeasureAxis compact * row primary compact * ~</div> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> What is the Fund's investment objective? </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> Delaware Core Plus Bond Fund seeks maximum long-term total return, consistent with reasonable risk. </p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> What are the Fund's fees and expenses? </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> The following table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales-charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in Delaware Investments® Funds. More information about these and other discounts is available from your financial advisor, in the Fund's prospectus under the section entitled &quot;About your account,&quot; and in the Fund's statement of additional information under the section entitled &quot;Purchasing shares.&quot; </p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> Shareholder fees (fees paid directly from your investment) </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment) </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> Example </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and reflects the applicable waivers and reimbursements for the 1-year contractual period and the total operating expenses without waivers for years 2 through 10. Although your actual costs may be higher or lower, based on these assumptions your costs would be:</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> Portfolio turnover </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The Fund pays transaction costs, such as commissions, when it buys and sells securities (or &quot;turns over&quot; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 422% of the average value of its portfolio.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> What are the Fund's principal investment strategies? </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">Under normal circumstances, the Manager will invest at least 80% of the Fund's net assets in fixed income securities (the 80% Policy). This is not a fundamental policy and can be changed without shareholder approval. However, shareholders would be given at least 60 days' notice prior to any change in the 80% Policy.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The Fund will invest at least 65% of its net assets in domestic (U.S.) investment grade debt securities (the &quot;core&quot; portion of the portfolio). Such securities may include, but are not limited to, debt securities issued by the U.S. government and its agencies, high-quality corporate bonds, and mortgage-backed and asset-backed securities. In addition to this core allocation, the Fund may also invest in high yielding, lower-quality corporate bonds (also called &quot;junk bonds&quot;) and foreign securities. However, the Fund may invest no more than 20% of its net assets in high yield securities and no more than 20% of its net assets in foreign securities. Moreover, the Fund's total non-U.S. dollar currency exposure will be limited, in aggregate, to no more than 10% of net assets, and the Fund's investments in emerging markets securities will be limited to no more than 15% of the Fund's net assets. Due to the manner in which the Fund is managed, it may be subject to a high rate of portfolio turnover.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The Fund may hold a substantial portion of its assets in cash or short-term fixed income obligations in unusual market conditions to meet redemption requests, for temporary defensive purposes, and pending investment. The Fund may also use a wide range of derivative instruments, typically including options, futures contracts, options on futures contracts, and swaps. The Fund will use derivatives for both hedging and nonhedging purposes. For example, the Fund may invest in: futures and options to manage duration and for defensive purposes, such as to protect gains or hedge against potential losses in the portfolio without actually selling a security, or to stay fully invested; forward foreign currency contracts to manage foreign currency exposure; interest rate swaps to neutralize the impact of interest rate changes; credit default swaps to hedge against bond defaults, to manage credit exposure or to enhance total return; and index swaps to enhance return or to affect diversification. The Fund will not use derivatives for reasons inconsistent with its investment objective and will limit its investments in derivative instruments to 20% of net assets.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> What are the principal risks of investing in the Fund? </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">Investing in any mutual fund involves the risk that you may lose part or all of the money you invest. Over time, the value of your investment in the Fund will increase and decrease according to changes in the value of the securities in the Fund's portfolio. Principal risks include:</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Investments not guaranteed by the Manager or its affiliates</b> — Investments in the Fund are not and will not be deposits with or liabilities of Macquarie Bank Limited ABN 46 008 583 542 and its holding companies, including their subsidiaries or related companies (Macquarie Group), and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. No Macquarie Group company guarantees or will guarantee the performance of the Fund, the repayment of capital from the Fund, or any particular rate of return.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Market risk</b> — The risk that all or a majority of the securities in a certain market — such as the stock or bond market — will decline in value because of factors such as adverse political or economic conditions, future expectations, investor confidence, or heavy institutional selling.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Interest rate risk </b>— The risk that securities will decrease in value if interest rates rise. This risk is generally associated with bonds.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>High yield (junk bond) risk </b>— The risk that high yield securities, commonly known as &quot;junk bonds,&quot; are subject to reduced creditworthiness of issuers; increased risk of default and a more limited and less liquid secondary market; and greater price volatility and risk of loss of income and principal than are higher rated securities. High yield bonds are sometimes issued by municipalities with less financial strength and therefore less ability to make projected debt payments on the bonds.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Credit risk </b>— The risk that an issuer of a debt security, including a governmental issuer, may be unable to make interest payments and repay principal in a timely manner.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Liquidity risk</b> — The possibility that securities cannot be readily sold within seven days at approximately the price at which a fund has valued them.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Bank loans and other indebtedness</b> <b>risk</b> — The risk that the portfolio will not receive payment of principal, interest, and other amounts due in connection with these investments and will depend primarily on the financial condition of the borrower and the lending institution.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Foreign risk</b> — The risk that foreign securities (particularly in emerging markets) may be adversely affected by political instability; changes in currency exchange rates; inefficient markets and higher transaction costs; foreign economic conditions; or inadequate or different regulatory and accounting standards.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Forward foreign currency risk</b> — The use of forward foreign currency exchange contracts may substantially change a fund's exposure to currency exchange rates and could result in losses to the fund if currencies do not perform as the Manager expects. The use of these investments as a hedging technique to reduce a fund's exposure to currency risks may also reduce its ability to benefit from favorable changes in currency exchange rates.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Derivatives risk</b> — Derivative contracts, such as options, futures, and swaps, may involve additional expenses (such as the payment of premiums) and are subject to significant loss if a security, or a securities index to which a derivative contract is associated, moves in the opposite direction from what the portfolio manager anticipated. Derivative contracts are also subject to the risk that the counterparty may fail to perform its obligations under the contract due to financial difficulties (such as a bankruptcy or reorganization).</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Mortgage-backed and asset-backed securities risk</b> — The risk that the principal on mortgage-backed or asset-backed securities may be prepaid at any time, which will reduce the yield and market value.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Prepayment risk</b> — The risk that the principal on a bond that is held by a portfolio will be prepaid prior to maturity at a time when interest rates are lower than what that bond was paying. A portfolio may then have to reinvest that money at a lower interest rate.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Government and regulatory risk</b> — The risk that governments or regulatory authorities have, from time to time, taken or considered actions that could adversely affect various sectors of the securities markets.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> <b>Valuation risk</b> — The risk that a less liquid secondary market may make it more difficult for a fund to obtain precise valuations of certain securities in its portfolio.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> How has Delaware Core Plus Bond Fund performed? </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the 1-, 5-, and 10-year or lifetime periods compare with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how it will perform in the future. The returns reflect expense caps in effect during certain of these periods. The returns would be lower without the expense caps. You may obtain the Fund's most recently available month-end performance by calling 800 523-1918 or by visiting our website at <u>delawareinvestments.com/performance.</u></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">On January 31, 2007, the Fund's investment objective and strategy changed from seeking high current income by investing primarily in U.S. government debt obligations to seeking maximum long-term total return by investing in U.S. investment grade bonds, corporate junk bonds, and foreign bonds.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> Year-by-year total return (Class A) </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"> As of September 30, 2012, the Fund's Class A shares had a calendar year-to-date return of 5.36%. During the periods illustrated in this bar chart, Class A's highest quarterly return was 8.30% for the quarter ended September 30, 2009 and its lowest quarterly return was -3.49% for the quarter ended September 30, 2008. The maximum Class A sales charge of 4.50%, which is normally assessed when you purchase shares, is not reflected in the highest/lowest quarterly returns or in the bar chart. If this fee were included, the returns would be less than those shown. The average annual returns in the table below do include the sales charge.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;"><b> Average annual total returns for periods ended December 31, 2011 </b></p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">After-tax performance is presented only for Class A shares of the Fund. The after-tax returns for other Fund classes may vary. Actual after-tax returns depend on the investor's individual tax situation and may differ from the returns shown. After-tax returns are not relevant for shares held in tax-deferred investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs). The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.</p> <div style="display:none">~http://delaware/role/ShareholderFeesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact delaware_S000003919Member ~</div> 0.045 0 0 0.04 0 0.01 0 0 0 0 <div style="display:none">~ http://delaware/role/OperatingExpensesDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact delaware_S000003919Member ~</div> 0.0055 0.003 0.0033 0.0118 -0.0028 0.009 0.0055 0.01 0.0033 0.0188 -0.0023 0.0165 0.0055 0.01 0.0033 0.0188 -0.0023 0.0165 0.0055 0.006 0.0033 0.0148 -0.0033 0.0115 0.0055 0 0.0033 0.0088 -0.0023 0.0065 <div style="display:none">~ http://delaware/role/ExpenseExampleAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact delaware_S000003919Member ~</div> 538 781 1044 1794 568 794 1145 1999 268 569 995 2182 117 436 777 1740 66 258 465 1063 <div style="display:none">~ http://delaware/role/ExpenseExampleNoRedemptionAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact delaware_S000003919Member ~</div> 168 569 995 1999 168 569 995 2182 <div style="display:none">~ http://delaware/role/BarChartDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact delaware_S000003919Member ~</div> 0.0988 0.0209 0.0382 0.0194 0.0301 0.0506 -0.0165 0.1975 0.0788 0.0749 <div style="display:none">~ http://delaware/role/PerformanceTableDataAAAA column period compact * column rr_ProspectusShareClassAxis compact * row primary compact * row dei_LegalEntityAxis compact delaware_S000003919Member ~</div> 0.026 0.0135 0.0166 0.027 0.0569 0.0709 0.0776 0.0784 0.065 0.0481 0.0454 0.0649 0.0671 0.0727 0.0778 0.065 0.053 0.0364 0.0352 0.0517 0.0503 0.0497 0.0609 0.0578 <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">Investing in any mutual fund involves the risk that you may lose part or all of the money you invest. Over time, the value of your investment in the Fund will increase and decrease according to changes in the value of the securities in the Fund's portfolio.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">After-tax performance is presented only for Class A shares of the Fund.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">After-tax returns are not relevant for shares held in tax-deferred investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs).</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.</p> 100000 <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">You may qualify for sales-charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in Delaware Investments&#174; Funds. More information about these and other discounts is available from your financial advisor, in the Fund's prospectus under the section entitled &quot;About your account,&quot; and in the Fund's statement of additional information under the section entitled &quot;Purchasing shares.&quot;</p> 4.22 2012-09-30 0.0536 0.083 2009-09-30 -0.0349 2008-09-30 <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">The Fund's past performance (before and after taxes) is not necessarily an indication of how it will perform in the future.</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">800 523-1918</p> <p style="font-size:12;padding-top:2;padding-bottom:0;padding-left:0;">delawareinvestments.com/performance</p> As of September 30, 2012, the Fund's Class A shares had a calendar year-to-date return of 5.36%. highest quarterly return was 8.30% for the quarter ended September 30, 2009 lowest quarterly return was -3.49% for the quarter ended September 30, 2008 (lifetime: 6/2/03-12/31/11) If you redeem Class B shares during the first year after you buy them, you will pay a contingent deferred sales charge (CDSC) of 4.00%, which declines to 3.00% during the second year, 2.25% during the third year, 1.50% during the fourth and fifth years, 1.00% during the sixth year, and 0% thereafter. Class C shares redeemed within one year of purchase are subject to a 1.00% CDSC. The Fund's investment manager, Delaware Management Company (Manager), is contractually waiving its investment advisory fees and/or paying expenses (excluding any 12b-1 plan, taxes, interest, inverse floater program expenses, short sale and dividend 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) to the extent necessary to prevent total annual fund operating expenses from exceeding 0.65% of the Fund's average daily net assets from November 28, 2012 through November 28, 2013. The Fund's distributor, Delaware Distributors, L.P. (Distributor), has also contracted to limit the Class A and Class R shares' 12b-1 fees to no more than 0.25% and 0.50%, respectively, of its average daily net assets from November 28, 2012 through November 28, 2013. These waivers and reimbursements may only be terminated by agreement of the Manager and the Distributor, as applicable, and the Fund. Additionally, the Fund's Class A shares are subject to a blended 12b-1 fee of 0.10% on all shares acquired prior to June 1, 1992, and 0.30% on all shares acquired on or after June 1, 1992. This method of calculating Class A 12b-1 fees may be discontinued at the sole discretion of the Board. 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price, whichever is lower Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Caption [Text] Operating Expenses Column [Text] Management fees Distribution and service (12b-1) fees Distribution or Similar (Non 12b-1) Fees Other expenses Other expenses Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Acquired Fund Fees and Expenses Total annual fund operating expenses Total annual fund operating expenses Fee waivers and expense reimbursements Fee waivers and expense reimbursements Total annual fund operating expenses after fee waivers and expense reimbursements Total annual fund operating expenses after fee waivers and expense reimbursements Expenses Represent Both Master and Feeder [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expense Example [Heading] Expense Example Narrative [Text Block] Expense Example by Year [Heading] Expense Example by, Year, Caption [Text] Expense Example, By Year, Column [Text] Column Expense Example, with Redemption, 1 Year 1 Year Expense Example, with Redemption, 3 Years 3 Years Expense Example, with Redemption, 5 Years 5 Years Expense Example, with Redemption, 10 Years 10 Years Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption, By Year, Column [Text] Column Expense Example, No Redemption, 1 Year 1 Year Expense Example, No Redemption, 3 Years 3 Years Expense Example, No Redemption, 5 Years 5 Years Expense Example, No Redemption, 10 Years 10 Years Expense Example Closing [Text Block] Prospectus Date Prospectus: Share Class [Axis] Share Classes Prospectus [Line Items] Form N-1A: Risk/Return: Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Bar Chart and Performance Table Section: Bar Chart Narrative: Bar Chart Table: Bar Chart Closing: Average Annual Return: DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAbstract DEPRECATED AverageAnnualReturnAfterTaxesOnDistributionsAndSalesAbstract Market Index Return: Performance Narrative: Performance Table Section: Performance Table Closing: Expenses: Shareholder Fees: Operating Expenses: Net Expenses (as a percentage of Assets): Expenses (as a percentage of Assets): Other Expenses over Assets: Expense Footnotes: Expense Footnotes [Text Block] Expense Example Narrative: Expense Example: Expense Example Closing: Expense Example Footnotes [Text Block] Portfolio Turnover: Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint, Minimum Investment Required [Amount] Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period [Text] Bar Chart Footnotes [Text Block] Performance Table One Class of after Tax Shown [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Index No Deduction for Fees, Expenses, Taxes [Text] Annual Return 2013 Annual Return 2014 Performance Availability Website Address [Text] Performance Availability Phone [Text] S000003919 Member (Delaware Core Plus Bond Fund) AAAA Member C000010992 Member Class A C000010993 Member Class B C000010994 Member Class C C000010996 Member Institutional Class C000010995 Member Class R benchmark0103AAAA Member Barclays U.S. Aggregate Index (reflects no deduction for fees, expenses, or taxes) EX-101.DEF 6 delaware-20121218_def.xml XBRL TAXONOMY EXTENSION 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Annual Total Returns (dei_DocumentInformationDocumentAxis, (Delaware Core Plus Bond Fund), Class A)
0 Months Ended
Nov. 28, 2012
(Delaware Core Plus Bond Fund) | Class A
 
Bar Chart Table:  
Annual Return 2002 9.88%
Annual Return 2003 2.09%
Annual Return 2004 3.82%
Annual Return 2005 1.94%
Annual Return 2006 3.01%
Annual Return 2007 5.06%
Annual Return 2008 (1.65%)
Annual Return 2009 19.75%
Annual Return 2010 7.88%
Annual Return 2011 7.49%
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(Delaware Core Plus Bond Fund)

What is the Fund's investment objective?

Delaware Core Plus Bond Fund seeks maximum long-term total return, consistent with reasonable risk.

What are the Fund's fees and expenses?

The following table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales-charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in Delaware Investments® Funds. More information about these and other discounts is available from your financial advisor, in the Fund's prospectus under the section entitled "About your account," and in the Fund's statement of additional information under the section entitled "Purchasing shares."

Shareholder fees (fees paid directly from your investment)

Shareholder Fees (Delaware Core Plus Bond Fund)
Class A
Class B
Class C
Class R
Institutional Class
Maximum sales charge (load) imposed on purchases as a percentage of offering price 4.50% none none none none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower none 4.00% [1] 1.00% [1] none none
[1] If you redeem Class B shares during the first year after you buy them, you will pay a contingent deferred sales charge (CDSC) of 4.00%, which declines to 3.00% during the second year, 2.25% during the third year, 1.50% during the fourth and fifth years, 1.00% during the sixth year, and 0% thereafter. Class C shares redeemed within one year of purchase are subject to a 1.00% CDSC.

Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses (Delaware Core Plus Bond Fund)
Class A
Class B
Class C
Class R
Institutional Class
Management fees 0.55% 0.55% 0.55% 0.55% 0.55%
Distribution and service (12b-1) fees 0.30% 1.00% 1.00% 0.60% none
Other expenses 0.33% 0.33% 0.33% 0.33% 0.33%
Total annual fund operating expenses 1.18% 1.88% 1.88% 1.48% 0.88%
Fee waivers and expense reimbursements [1] (0.28%) (0.23%) (0.23%) (0.33%) (0.23%)
Total annual fund operating expenses after fee waivers and expense reimbursements 0.90% 1.65% 1.65% 1.15% 0.65%
[1] The Fund's investment manager, Delaware Management Company (Manager), is contractually waiving its investment advisory fees and/or paying expenses (excluding any 12b-1 plan, taxes, interest, inverse floater program expenses, short sale and dividend 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) to the extent necessary to prevent total annual fund operating expenses from exceeding 0.65% of the Fund's average daily net assets from November 28, 2012 through November 28, 2013. The Fund's distributor, Delaware Distributors, L.P. (Distributor), has also contracted to limit the Class A and Class R shares' 12b-1 fees to no more than 0.25% and 0.50%, respectively, of its average daily net assets from November 28, 2012 through November 28, 2013. These waivers and reimbursements may only be terminated by agreement of the Manager and the Distributor, as applicable, and the Fund. Additionally, the Fund's Class A shares are subject to a blended 12b-1 fee of 0.10% on all shares acquired prior to June 1, 1992, and 0.30% on all shares acquired on or after June 1, 1992. This method of calculating Class A 12b-1 fees may be discontinued at the sole discretion of the Board.

Example

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and reflects the applicable waivers and reimbursements for the 1-year contractual period and the total operating expenses without waivers for years 2 through 10. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example (Delaware Core Plus Bond Fund) (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
538 781 1,044 1,794
Class B
568 794 1,145 1,999
Class C
268 569 995 2,182
Class R
117 436 777 1,740
Institutional Class
66 258 465 1,063
Expense Example, No Redemption (Delaware Core Plus Bond Fund) (USD $)
1 Year
3 Years
5 Years
10 Years
Class B
168 569 995 1,999
Class C
168 569 995 2,182

Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 422% of the average value of its portfolio.

What are the Fund's principal investment strategies?

Under normal circumstances, the Manager will invest at least 80% of the Fund's net assets in fixed income securities (the 80% Policy). This is not a fundamental policy and can be changed without shareholder approval. However, shareholders would be given at least 60 days' notice prior to any change in the 80% Policy.

The Fund will invest at least 65% of its net assets in domestic (U.S.) investment grade debt securities (the "core" portion of the portfolio). Such securities may include, but are not limited to, debt securities issued by the U.S. government and its agencies, high-quality corporate bonds, and mortgage-backed and asset-backed securities. In addition to this core allocation, the Fund may also invest in high yielding, lower-quality corporate bonds (also called "junk bonds") and foreign securities. However, the Fund may invest no more than 20% of its net assets in high yield securities and no more than 20% of its net assets in foreign securities. Moreover, the Fund's total non-U.S. dollar currency exposure will be limited, in aggregate, to no more than 10% of net assets, and the Fund's investments in emerging markets securities will be limited to no more than 15% of the Fund's net assets. Due to the manner in which the Fund is managed, it may be subject to a high rate of portfolio turnover.

The Fund may hold a substantial portion of its assets in cash or short-term fixed income obligations in unusual market conditions to meet redemption requests, for temporary defensive purposes, and pending investment. The Fund may also use a wide range of derivative instruments, typically including options, futures contracts, options on futures contracts, and swaps. The Fund will use derivatives for both hedging and nonhedging purposes. For example, the Fund may invest in: futures and options to manage duration and for defensive purposes, such as to protect gains or hedge against potential losses in the portfolio without actually selling a security, or to stay fully invested; forward foreign currency contracts to manage foreign currency exposure; interest rate swaps to neutralize the impact of interest rate changes; credit default swaps to hedge against bond defaults, to manage credit exposure or to enhance total return; and index swaps to enhance return or to affect diversification. The Fund will not use derivatives for reasons inconsistent with its investment objective and will limit its investments in derivative instruments to 20% of net assets.

What are the principal risks of investing in the Fund?

Investing in any mutual fund involves the risk that you may lose part or all of the money you invest. Over time, the value of your investment in the Fund will increase and decrease according to changes in the value of the securities in the Fund's portfolio. Principal risks include:

Investments not guaranteed by the Manager or its affiliates — Investments in the Fund are not and will not be deposits with or liabilities of Macquarie Bank Limited ABN 46 008 583 542 and its holding companies, including their subsidiaries or related companies (Macquarie Group), and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. No Macquarie Group company guarantees or will guarantee the performance of the Fund, the repayment of capital from the Fund, or any particular rate of return.

Market risk — The risk that all or a majority of the securities in a certain market — such as the stock or bond market — will decline in value because of factors such as adverse political or economic conditions, future expectations, investor confidence, or heavy institutional selling.

Interest rate risk — The risk that securities will decrease in value if interest rates rise. This risk is generally associated with bonds.

High yield (junk bond) risk — The risk that high yield securities, commonly known as "junk bonds," are subject to reduced creditworthiness of issuers; increased risk of default and a more limited and less liquid secondary market; and greater price volatility and risk of loss of income and principal than are higher rated securities. High yield bonds are sometimes issued by municipalities with less financial strength and therefore less ability to make projected debt payments on the bonds.

Credit risk — The risk that an issuer of a debt security, including a governmental issuer, may be unable to make interest payments and repay principal in a timely manner.

Liquidity risk — The possibility that securities cannot be readily sold within seven days at approximately the price at which a fund has valued them.

Bank loans and other indebtedness risk — The risk that the portfolio will not receive payment of principal, interest, and other amounts due in connection with these investments and will depend primarily on the financial condition of the borrower and the lending institution.

Foreign risk — The risk that foreign securities (particularly in emerging markets) may be adversely affected by political instability; changes in currency exchange rates; inefficient markets and higher transaction costs; foreign economic conditions; or inadequate or different regulatory and accounting standards.

Forward foreign currency risk — The use of forward foreign currency exchange contracts may substantially change a fund's exposure to currency exchange rates and could result in losses to the fund if currencies do not perform as the Manager expects. The use of these investments as a hedging technique to reduce a fund's exposure to currency risks may also reduce its ability to benefit from favorable changes in currency exchange rates.

Derivatives risk — Derivative contracts, such as options, futures, and swaps, may involve additional expenses (such as the payment of premiums) and are subject to significant loss if a security, or a securities index to which a derivative contract is associated, moves in the opposite direction from what the portfolio manager anticipated. Derivative contracts are also subject to the risk that the counterparty may fail to perform its obligations under the contract due to financial difficulties (such as a bankruptcy or reorganization).

Mortgage-backed and asset-backed securities risk — The risk that the principal on mortgage-backed or asset-backed securities may be prepaid at any time, which will reduce the yield and market value.

Prepayment risk — The risk that the principal on a bond that is held by a portfolio will be prepaid prior to maturity at a time when interest rates are lower than what that bond was paying. A portfolio may then have to reinvest that money at a lower interest rate.

Government and regulatory risk — The risk that governments or regulatory authorities have, from time to time, taken or considered actions that could adversely affect various sectors of the securities markets.

Valuation risk — The risk that a less liquid secondary market may make it more difficult for a fund to obtain precise valuations of certain securities in its portfolio.

How has Delaware Core Plus Bond Fund performed?

The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the 1-, 5-, and 10-year or lifetime periods compare with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how it will perform in the future. The returns reflect expense caps in effect during certain of these periods. The returns would be lower without the expense caps. You may obtain the Fund's most recently available month-end performance by calling 800 523-1918 or by visiting our website at delawareinvestments.com/performance.

On January 31, 2007, the Fund's investment objective and strategy changed from seeking high current income by investing primarily in U.S. government debt obligations to seeking maximum long-term total return by investing in U.S. investment grade bonds, corporate junk bonds, and foreign bonds.

Year-by-year total return (Class A)

Bar Chart

As of September 30, 2012, the Fund's Class A shares had a calendar year-to-date return of 5.36%. During the periods illustrated in this bar chart, Class A's highest quarterly return was 8.30% for the quarter ended September 30, 2009 and its lowest quarterly return was -3.49% for the quarter ended September 30, 2008. The maximum Class A sales charge of 4.50%, which is normally assessed when you purchase shares, is not reflected in the highest/lowest quarterly returns or in the bar chart. If this fee were included, the returns would be less than those shown. The average annual returns in the table below do include the sales charge.

Average annual total returns for periods ended December 31, 2011

Average Annual Total Returns (Delaware Core Plus Bond Fund)
Label
1 Year
5 Years
10 years or lifetime
Lifetime
Class A
  2.60% 6.50% 5.30%  
Class A after taxes on distributions
  1.35% 4.81% 3.64%  
Class A after taxes on distributions and sale of Fund shares
  1.66% 4.54% 3.52%  
Class B
  2.70% 6.49% 5.17%  
Class C
  5.69% 6.71% 5.03%  
Class R
(lifetime: 6/2/03-12/31/11) 7.09% 7.27%   4.97%
Institutional Class
  7.76% 7.78% 6.09%  
Barclays U.S. Aggregate Index (reflects no deduction for fees, expenses, or taxes)
  7.84% 6.50% 5.78%  

After-tax performance is presented only for Class A shares of the Fund. The after-tax returns for other Fund classes may vary. Actual after-tax returns depend on the investor's individual tax situation and may differ from the returns shown. After-tax returns are not relevant for shares held in tax-deferred investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs). The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.

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All rights reserved. * Version 2.1.0.1 * */ var moreDialog = null; var Show = { Default:'raw', more:function( obj ){ var bClosed = false; if( moreDialog != null ) { try { bClosed = moreDialog.closed; } catch(e) { //Per article at http://support.microsoft.com/kb/244375 there is a problem with the WebBrowser control // that somtimes causes it to throw when checking the closed property on a child window that has been //closed. So if the exception occurs we assume the window is closed and move on from there. bClosed = true; } if( !bClosed ){ moreDialog.close(); } } obj = obj.parentNode.getElementsByTagName( 'pre' )[0]; var hasHtmlTag = false; var objHtml = ''; var raw = ''; //Check for raw HTML var nodes = obj.getElementsByTagName( '*' ); if( nodes.length ){ objHtml = obj.innerHTML; }else{ if( obj.innerText ){ raw = obj.innerText; }else{ raw = obj.textContent; } var matches = raw.match( /<\/?[a-zA-Z]{1}\w*[^>]*>/g ); if( matches && matches.length ){ objHtml = raw; //If there is an html node it will be 1st or 2nd, // but we can check a little further. var n = Math.min( 5, matches.length ); for( var i = 0; i < n; i++ ){ var el = matches[ i ].toString().toLowerCase(); if( el.indexOf( '= 0 ){ hasHtmlTag = true; break; } } } } if( objHtml.length ){ var html = ''; if( hasHtmlTag ){ html = objHtml; }else{ html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ objHtml + "\n"+''+ "\n"+''; } moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write( html ); moreDialog.document.close(); if( !hasHtmlTag ){ moreDialog.document.body.style.margin = '0.5em'; } } else { //default view logic var lines = raw.split( "\n" ); var longest = 0; if( lines.length > 0 ){ for( var p = 0; p < lines.length; p++ ){ longest = Math.max( longest, lines[p].length ); } } //Decide on the default view this.Default = longest < 120 ? 'raw' : 'formatted'; //Build formatted view var text = raw.split( "\n\n" ) >= raw.split( "\r\n\r\n" ) ? raw.split( "\n\n" ) : raw.split( "\r\n\r\n" ) ; var formatted = ''; if( text.length > 0 ){ if( text.length == 1 ){ text = raw.split( "\n" ) >= raw.split( "\r\n" ) ? raw.split( "\n" ) : raw.split( "\r\n" ) ; formatted = "

"+ text.join( "

\n" ) +"

"; }else{ for( var p = 0; p < text.length; p++ ){ formatted += "

" + text[p] + "

\n"; } } }else{ formatted = '

' + raw + '

'; } html = ''+ "\n"+''+ "\n"+' Report Preview Details'+ "\n"+' '+ "\n"+''+ "\n"+''+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+' '+ "\n"+'
'+ "\n"+' formatted: '+ ( this.Default == 'raw' ? 'as Filed' : 'with Text Wrapped' ) +''+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+' '+ "\n"+'
'+ "\n"+''+ "\n"+''; moreDialog = window.open("","More","width=700,height=650,status=0,resizable=yes,menubar=no,toolbar=no,scrollbars=yes"); moreDialog.document.write(html); moreDialog.document.close(); this.toggle( moreDialog ); } moreDialog.document.title = 'Report Preview Details'; }, toggle:function( win, domLink ){ var domId = this.Default; var doc = win.document; var domEl = doc.getElementById( domId ); domEl.style.display = 'block'; this.Default = domId == 'raw' ? 'formatted' : 'raw'; if( domLink ){ domLink.innerHTML = this.Default == 'raw' ? 'with Text Wrapped' : 'as Filed'; } var domElOpposite = doc.getElementById( this.Default ); domElOpposite.style.display = 'none'; }, LastAR : null, showAR : function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }, toggleNext : function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }, hideAR : function(){ Show.LastAR.style.display = 'none'; } }
XML 13 R3.htm IDEA: XBRL DOCUMENT v2.4.0.6
Shareholder Fees (dei_DocumentInformationDocumentAxis, (Delaware Core Plus Bond Fund))
0 Months Ended
Nov. 28, 2012
Class A
 
Shareholder Fees:  
Maximum sales charge (load) imposed on purchases as a percentage of offering price 4.50%
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower none
Class B
 
Shareholder Fees:  
Maximum sales charge (load) imposed on purchases as a percentage of offering price none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower 4.00% [1]
Class C
 
Shareholder Fees:  
Maximum sales charge (load) imposed on purchases as a percentage of offering price none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower 1.00% [1]
Institutional Class
 
Shareholder Fees:  
Maximum sales charge (load) imposed on purchases as a percentage of offering price none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower none
Class R
 
Shareholder Fees:  
Maximum sales charge (load) imposed on purchases as a percentage of offering price none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower none
[1] If you redeem Class B shares during the first year after you buy them, you will pay a contingent deferred sales charge (CDSC) of 4.00%, which declines to 3.00% during the second year, 2.25% during the third year, 1.50% during the fourth and fifth years, 1.00% during the sixth year, and 0% thereafter. Class C shares redeemed within one year of purchase are subject to a 1.00% CDSC.
XML 14 R1.htm IDEA: XBRL DOCUMENT v2.4.0.6
(Delaware Core Plus Bond Fund)

What is the Fund's investment objective?

Delaware Core Plus Bond Fund seeks maximum long-term total return, consistent with reasonable risk.

What are the Fund's fees and expenses?

The following table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales-charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in Delaware Investments® Funds. More information about these and other discounts is available from your financial advisor, in the Fund's prospectus under the section entitled "About your account," and in the Fund's statement of additional information under the section entitled "Purchasing shares."

Shareholder fees (fees paid directly from your investment)

Shareholder Fees (Delaware Core Plus Bond Fund)
Class A
Class B
Class C
Class R
Institutional Class
Maximum sales charge (load) imposed on purchases as a percentage of offering price 4.50% none none none none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower none 4.00% [1] 1.00% [1] none none
[1] If you redeem Class B shares during the first year after you buy them, you will pay a contingent deferred sales charge (CDSC) of 4.00%, which declines to 3.00% during the second year, 2.25% during the third year, 1.50% during the fourth and fifth years, 1.00% during the sixth year, and 0% thereafter. Class C shares redeemed within one year of purchase are subject to a 1.00% CDSC.

Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses (Delaware Core Plus Bond Fund)
Class A
Class B
Class C
Class R
Institutional Class
Management fees 0.55% 0.55% 0.55% 0.55% 0.55%
Distribution and service (12b-1) fees 0.30% 1.00% 1.00% 0.60% none
Other expenses 0.33% 0.33% 0.33% 0.33% 0.33%
Total annual fund operating expenses 1.18% 1.88% 1.88% 1.48% 0.88%
Fee waivers and expense reimbursements [1] (0.28%) (0.23%) (0.23%) (0.33%) (0.23%)
Total annual fund operating expenses after fee waivers and expense reimbursements 0.90% 1.65% 1.65% 1.15% 0.65%
[1] The Fund's investment manager, Delaware Management Company (Manager), is contractually waiving its investment advisory fees and/or paying expenses (excluding any 12b-1 plan, taxes, interest, inverse floater program expenses, short sale and dividend 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) to the extent necessary to prevent total annual fund operating expenses from exceeding 0.65% of the Fund's average daily net assets from November 28, 2012 through November 28, 2013. The Fund's distributor, Delaware Distributors, L.P. (Distributor), has also contracted to limit the Class A and Class R shares' 12b-1 fees to no more than 0.25% and 0.50%, respectively, of its average daily net assets from November 28, 2012 through November 28, 2013. These waivers and reimbursements may only be terminated by agreement of the Manager and the Distributor, as applicable, and the Fund. Additionally, the Fund's Class A shares are subject to a blended 12b-1 fee of 0.10% on all shares acquired prior to June 1, 1992, and 0.30% on all shares acquired on or after June 1, 1992. This method of calculating Class A 12b-1 fees may be discontinued at the sole discretion of the Board.

Example

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and reflects the applicable waivers and reimbursements for the 1-year contractual period and the total operating expenses without waivers for years 2 through 10. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example (Delaware Core Plus Bond Fund) (USD $)
1 Year
3 Years
5 Years
10 Years
Class A
538 781 1,044 1,794
Class B
568 794 1,145 1,999
Class C
268 569 995 2,182
Class R
117 436 777 1,740
Institutional Class
66 258 465 1,063
Expense Example, No Redemption (Delaware Core Plus Bond Fund) (USD $)
1 Year
3 Years
5 Years
10 Years
Class B
168 569 995 1,999
Class C
168 569 995 2,182

Portfolio turnover

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 422% of the average value of its portfolio.

What are the Fund's principal investment strategies?

Under normal circumstances, the Manager will invest at least 80% of the Fund's net assets in fixed income securities (the 80% Policy). This is not a fundamental policy and can be changed without shareholder approval. However, shareholders would be given at least 60 days' notice prior to any change in the 80% Policy.

The Fund will invest at least 65% of its net assets in domestic (U.S.) investment grade debt securities (the "core" portion of the portfolio). Such securities may include, but are not limited to, debt securities issued by the U.S. government and its agencies, high-quality corporate bonds, and mortgage-backed and asset-backed securities. In addition to this core allocation, the Fund may also invest in high yielding, lower-quality corporate bonds (also called "junk bonds") and foreign securities. However, the Fund may invest no more than 20% of its net assets in high yield securities and no more than 20% of its net assets in foreign securities. Moreover, the Fund's total non-U.S. dollar currency exposure will be limited, in aggregate, to no more than 10% of net assets, and the Fund's investments in emerging markets securities will be limited to no more than 15% of the Fund's net assets. Due to the manner in which the Fund is managed, it may be subject to a high rate of portfolio turnover.

The Fund may hold a substantial portion of its assets in cash or short-term fixed income obligations in unusual market conditions to meet redemption requests, for temporary defensive purposes, and pending investment. The Fund may also use a wide range of derivative instruments, typically including options, futures contracts, options on futures contracts, and swaps. The Fund will use derivatives for both hedging and nonhedging purposes. For example, the Fund may invest in: futures and options to manage duration and for defensive purposes, such as to protect gains or hedge against potential losses in the portfolio without actually selling a security, or to stay fully invested; forward foreign currency contracts to manage foreign currency exposure; interest rate swaps to neutralize the impact of interest rate changes; credit default swaps to hedge against bond defaults, to manage credit exposure or to enhance total return; and index swaps to enhance return or to affect diversification. The Fund will not use derivatives for reasons inconsistent with its investment objective and will limit its investments in derivative instruments to 20% of net assets.

What are the principal risks of investing in the Fund?

Investing in any mutual fund involves the risk that you may lose part or all of the money you invest. Over time, the value of your investment in the Fund will increase and decrease according to changes in the value of the securities in the Fund's portfolio. Principal risks include:

Investments not guaranteed by the Manager or its affiliates — Investments in the Fund are not and will not be deposits with or liabilities of Macquarie Bank Limited ABN 46 008 583 542 and its holding companies, including their subsidiaries or related companies (Macquarie Group), and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. No Macquarie Group company guarantees or will guarantee the performance of the Fund, the repayment of capital from the Fund, or any particular rate of return.

Market risk — The risk that all or a majority of the securities in a certain market — such as the stock or bond market — will decline in value because of factors such as adverse political or economic conditions, future expectations, investor confidence, or heavy institutional selling.

Interest rate risk — The risk that securities will decrease in value if interest rates rise. This risk is generally associated with bonds.

High yield (junk bond) risk — The risk that high yield securities, commonly known as "junk bonds," are subject to reduced creditworthiness of issuers; increased risk of default and a more limited and less liquid secondary market; and greater price volatility and risk of loss of income and principal than are higher rated securities. High yield bonds are sometimes issued by municipalities with less financial strength and therefore less ability to make projected debt payments on the bonds.

Credit risk — The risk that an issuer of a debt security, including a governmental issuer, may be unable to make interest payments and repay principal in a timely manner.

Liquidity risk — The possibility that securities cannot be readily sold within seven days at approximately the price at which a fund has valued them.

Bank loans and other indebtedness risk — The risk that the portfolio will not receive payment of principal, interest, and other amounts due in connection with these investments and will depend primarily on the financial condition of the borrower and the lending institution.

Foreign risk — The risk that foreign securities (particularly in emerging markets) may be adversely affected by political instability; changes in currency exchange rates; inefficient markets and higher transaction costs; foreign economic conditions; or inadequate or different regulatory and accounting standards.

Forward foreign currency risk — The use of forward foreign currency exchange contracts may substantially change a fund's exposure to currency exchange rates and could result in losses to the fund if currencies do not perform as the Manager expects. The use of these investments as a hedging technique to reduce a fund's exposure to currency risks may also reduce its ability to benefit from favorable changes in currency exchange rates.

Derivatives risk — Derivative contracts, such as options, futures, and swaps, may involve additional expenses (such as the payment of premiums) and are subject to significant loss if a security, or a securities index to which a derivative contract is associated, moves in the opposite direction from what the portfolio manager anticipated. Derivative contracts are also subject to the risk that the counterparty may fail to perform its obligations under the contract due to financial difficulties (such as a bankruptcy or reorganization).

Mortgage-backed and asset-backed securities risk — The risk that the principal on mortgage-backed or asset-backed securities may be prepaid at any time, which will reduce the yield and market value.

Prepayment risk — The risk that the principal on a bond that is held by a portfolio will be prepaid prior to maturity at a time when interest rates are lower than what that bond was paying. A portfolio may then have to reinvest that money at a lower interest rate.

Government and regulatory risk — The risk that governments or regulatory authorities have, from time to time, taken or considered actions that could adversely affect various sectors of the securities markets.

Valuation risk — The risk that a less liquid secondary market may make it more difficult for a fund to obtain precise valuations of certain securities in its portfolio.

How has Delaware Core Plus Bond Fund performed?

The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the 1-, 5-, and 10-year or lifetime periods compare with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how it will perform in the future. The returns reflect expense caps in effect during certain of these periods. The returns would be lower without the expense caps. You may obtain the Fund's most recently available month-end performance by calling 800 523-1918 or by visiting our website at delawareinvestments.com/performance.

On January 31, 2007, the Fund's investment objective and strategy changed from seeking high current income by investing primarily in U.S. government debt obligations to seeking maximum long-term total return by investing in U.S. investment grade bonds, corporate junk bonds, and foreign bonds.

Year-by-year total return (Class A)

Bar Chart

As of September 30, 2012, the Fund's Class A shares had a calendar year-to-date return of 5.36%. During the periods illustrated in this bar chart, Class A's highest quarterly return was 8.30% for the quarter ended September 30, 2009 and its lowest quarterly return was -3.49% for the quarter ended September 30, 2008. The maximum Class A sales charge of 4.50%, which is normally assessed when you purchase shares, is not reflected in the highest/lowest quarterly returns or in the bar chart. If this fee were included, the returns would be less than those shown. The average annual returns in the table below do include the sales charge.

Average annual total returns for periods ended December 31, 2011

Average Annual Total Returns (Delaware Core Plus Bond Fund)
Label
1 Year
5 Years
10 years or lifetime
Lifetime
Class A
  2.60% 6.50% 5.30%  
Class A after taxes on distributions
  1.35% 4.81% 3.64%  
Class A after taxes on distributions and sale of Fund shares
  1.66% 4.54% 3.52%  
Class B
  2.70% 6.49% 5.17%  
Class C
  5.69% 6.71% 5.03%  
Class R
(lifetime: 6/2/03-12/31/11) 7.09% 7.27%   4.97%
Institutional Class
  7.76% 7.78% 6.09%  
Barclays U.S. Aggregate Index (reflects no deduction for fees, expenses, or taxes)
  7.84% 6.50% 5.78%  

After-tax performance is presented only for Class A shares of the Fund. The after-tax returns for other Fund classes may vary. Actual after-tax returns depend on the investor's individual tax situation and may differ from the returns shown. After-tax returns are not relevant for shares held in tax-deferred investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs). The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.

XML 15 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Average Annual Total Returns (dei_DocumentInformationDocumentAxis, (Delaware Core Plus Bond Fund))
0 Months Ended
Nov. 28, 2012
Barclays U.S. Aggregate Index (reflects no deduction for fees, expenses, or taxes)
 
Average Annual Return:  
1 Year 7.84%
5 Years 6.50%
10 years or lifetime 5.78%
Class A
 
Average Annual Return:  
1 Year 2.60%
5 Years 6.50%
10 years or lifetime 5.30%
Class A | after taxes on distributions
 
Average Annual Return:  
1 Year 1.35%
5 Years 4.81%
10 years or lifetime 3.64%
Class A | after taxes on distributions and sale of Fund shares
 
Average Annual Return:  
1 Year 1.66%
5 Years 4.54%
10 years or lifetime 3.52%
Class B
 
Average Annual Return:  
1 Year 2.70%
5 Years 6.49%
10 years or lifetime 5.17%
Class C
 
Average Annual Return:  
1 Year 5.69%
5 Years 6.71%
10 years or lifetime 5.03%
Institutional Class
 
Average Annual Return:  
1 Year 7.76%
5 Years 7.78%
10 years or lifetime 6.09%
Class R
 
Average Annual Return:  
Label (lifetime: 6/2/03-12/31/11)
1 Year 7.09%
5 Years 7.27%
Lifetime 4.97%
XML 16 R13.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType Other
Document Period End Date dei_DocumentPeriodEndDate Jul. 31, 2012
Registrant Name dei_EntityRegistrantName DELAWARE GROUP GOVERNMENT FUND
Central Index Key dei_EntityCentralIndexKey 0000769220
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Nov. 30, 2012
Document Effective Date dei_DocumentEffectiveDate Nov. 28, 2012
Prospectus Date rr_ProspectusDate Nov. 28, 2012
(Delaware Core Plus Bond Fund)
 
Risk/Return: rr_RiskReturnAbstract  
Objective [Heading] rr_ObjectiveHeading

What is the Fund's investment objective?

Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock

Delaware Core Plus Bond Fund seeks maximum long-term total return, consistent with reasonable risk.

Expense [Heading] rr_ExpenseHeading

What are the Fund's fees and expenses?

Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock

The following table describes the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales-charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in Delaware Investments® Funds. More information about these and other discounts is available from your financial advisor, in the Fund's prospectus under the section entitled "About your account," and in the Fund's statement of additional information under the section entitled "Purchasing shares."

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption

Shareholder fees (fees paid directly from your investment)

Operating Expenses Caption [Text] rr_OperatingExpensesCaption

Annual fund operating expenses (expenses that you pay each year as a percentage of the value of your investment)

Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading

Portfolio turnover

Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock

The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 422% of the average value of its portfolio.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 422.00%
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts

You may qualify for sales-charge discounts if you and your family invest, or agree to invest in the future, at least $100,000 in Delaware Investments® Funds. More information about these and other discounts is available from your financial advisor, in the Fund's prospectus under the section entitled "About your account," and in the Fund's statement of additional information under the section entitled "Purchasing shares."

Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 100,000
Expense Example [Heading] rr_ExpenseExampleHeading

Example

Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock

This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and reflects the applicable waivers and reimbursements for the 1-year contractual period and the total operating expenses without waivers for years 2 through 10. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Strategy [Heading] rr_StrategyHeading

What are the Fund's principal investment strategies?

Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock

Under normal circumstances, the Manager will invest at least 80% of the Fund's net assets in fixed income securities (the 80% Policy). This is not a fundamental policy and can be changed without shareholder approval. However, shareholders would be given at least 60 days' notice prior to any change in the 80% Policy.

The Fund will invest at least 65% of its net assets in domestic (U.S.) investment grade debt securities (the "core" portion of the portfolio). Such securities may include, but are not limited to, debt securities issued by the U.S. government and its agencies, high-quality corporate bonds, and mortgage-backed and asset-backed securities. In addition to this core allocation, the Fund may also invest in high yielding, lower-quality corporate bonds (also called "junk bonds") and foreign securities. However, the Fund may invest no more than 20% of its net assets in high yield securities and no more than 20% of its net assets in foreign securities. Moreover, the Fund's total non-U.S. dollar currency exposure will be limited, in aggregate, to no more than 10% of net assets, and the Fund's investments in emerging markets securities will be limited to no more than 15% of the Fund's net assets. Due to the manner in which the Fund is managed, it may be subject to a high rate of portfolio turnover.

The Fund may hold a substantial portion of its assets in cash or short-term fixed income obligations in unusual market conditions to meet redemption requests, for temporary defensive purposes, and pending investment. The Fund may also use a wide range of derivative instruments, typically including options, futures contracts, options on futures contracts, and swaps. The Fund will use derivatives for both hedging and nonhedging purposes. For example, the Fund may invest in: futures and options to manage duration and for defensive purposes, such as to protect gains or hedge against potential losses in the portfolio without actually selling a security, or to stay fully invested; forward foreign currency contracts to manage foreign currency exposure; interest rate swaps to neutralize the impact of interest rate changes; credit default swaps to hedge against bond defaults, to manage credit exposure or to enhance total return; and index swaps to enhance return or to affect diversification. The Fund will not use derivatives for reasons inconsistent with its investment objective and will limit its investments in derivative instruments to 20% of net assets.

Risk [Heading] rr_RiskHeading

What are the principal risks of investing in the Fund?

Risk Narrative [Text Block] rr_RiskNarrativeTextBlock

Investing in any mutual fund involves the risk that you may lose part or all of the money you invest. Over time, the value of your investment in the Fund will increase and decrease according to changes in the value of the securities in the Fund's portfolio. Principal risks include:

Investments not guaranteed by the Manager or its affiliates — Investments in the Fund are not and will not be deposits with or liabilities of Macquarie Bank Limited ABN 46 008 583 542 and its holding companies, including their subsidiaries or related companies (Macquarie Group), and are subject to investment risk, including possible delays in repayment and loss of income and capital invested. No Macquarie Group company guarantees or will guarantee the performance of the Fund, the repayment of capital from the Fund, or any particular rate of return.

Market risk — The risk that all or a majority of the securities in a certain market — such as the stock or bond market — will decline in value because of factors such as adverse political or economic conditions, future expectations, investor confidence, or heavy institutional selling.

Interest rate risk — The risk that securities will decrease in value if interest rates rise. This risk is generally associated with bonds.

High yield (junk bond) risk — The risk that high yield securities, commonly known as "junk bonds," are subject to reduced creditworthiness of issuers; increased risk of default and a more limited and less liquid secondary market; and greater price volatility and risk of loss of income and principal than are higher rated securities. High yield bonds are sometimes issued by municipalities with less financial strength and therefore less ability to make projected debt payments on the bonds.

Credit risk — The risk that an issuer of a debt security, including a governmental issuer, may be unable to make interest payments and repay principal in a timely manner.

Liquidity risk — The possibility that securities cannot be readily sold within seven days at approximately the price at which a fund has valued them.

Bank loans and other indebtedness risk — The risk that the portfolio will not receive payment of principal, interest, and other amounts due in connection with these investments and will depend primarily on the financial condition of the borrower and the lending institution.

Foreign risk — The risk that foreign securities (particularly in emerging markets) may be adversely affected by political instability; changes in currency exchange rates; inefficient markets and higher transaction costs; foreign economic conditions; or inadequate or different regulatory and accounting standards.

Forward foreign currency risk — The use of forward foreign currency exchange contracts may substantially change a fund's exposure to currency exchange rates and could result in losses to the fund if currencies do not perform as the Manager expects. The use of these investments as a hedging technique to reduce a fund's exposure to currency risks may also reduce its ability to benefit from favorable changes in currency exchange rates.

Derivatives risk — Derivative contracts, such as options, futures, and swaps, may involve additional expenses (such as the payment of premiums) and are subject to significant loss if a security, or a securities index to which a derivative contract is associated, moves in the opposite direction from what the portfolio manager anticipated. Derivative contracts are also subject to the risk that the counterparty may fail to perform its obligations under the contract due to financial difficulties (such as a bankruptcy or reorganization).

Mortgage-backed and asset-backed securities risk — The risk that the principal on mortgage-backed or asset-backed securities may be prepaid at any time, which will reduce the yield and market value.

Prepayment risk — The risk that the principal on a bond that is held by a portfolio will be prepaid prior to maturity at a time when interest rates are lower than what that bond was paying. A portfolio may then have to reinvest that money at a lower interest rate.

Government and regulatory risk — The risk that governments or regulatory authorities have, from time to time, taken or considered actions that could adversely affect various sectors of the securities markets.

Valuation risk — The risk that a less liquid secondary market may make it more difficult for a fund to obtain precise valuations of certain securities in its portfolio.

Risk Lose Money [Text] rr_RiskLoseMoney

Investing in any mutual fund involves the risk that you may lose part or all of the money you invest. Over time, the value of your investment in the Fund will increase and decrease according to changes in the value of the securities in the Fund's portfolio.

Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading

How has Delaware Core Plus Bond Fund performed?

Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for the 1-, 5-, and 10-year or lifetime periods compare with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how it will perform in the future. The returns reflect expense caps in effect during certain of these periods. The returns would be lower without the expense caps. You may obtain the Fund's most recently available month-end performance by calling 800 523-1918 or by visiting our website at delawareinvestments.com/performance.

On January 31, 2007, the Fund's investment objective and strategy changed from seeking high current income by investing primarily in U.S. government debt obligations to seeking maximum long-term total return by investing in U.S. investment grade bonds, corporate junk bonds, and foreign bonds.

Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone

800 523-1918

Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress

delawareinvestments.com/performance

Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture

The Fund's past performance (before and after taxes) is not necessarily an indication of how it will perform in the future.

Bar Chart [Heading] rr_BarChartHeading

Year-by-year total return (Class A)

Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock

As of September 30, 2012, the Fund's Class A shares had a calendar year-to-date return of 5.36%. During the periods illustrated in this bar chart, Class A's highest quarterly return was 8.30% for the quarter ended September 30, 2009 and its lowest quarterly return was -3.49% for the quarter ended September 30, 2008. The maximum Class A sales charge of 4.50%, which is normally assessed when you purchase shares, is not reflected in the highest/lowest quarterly returns or in the bar chart. If this fee were included, the returns would be less than those shown. The average annual returns in the table below do include the sales charge.

Performance Table Heading rr_PerformanceTableHeading

Average annual total returns for periods ended December 31, 2011

Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate

The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.

Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred

After-tax returns are not relevant for shares held in tax-deferred investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs).

Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown

After-tax performance is presented only for Class A shares of the Fund.

Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

After-tax performance is presented only for Class A shares of the Fund. The after-tax returns for other Fund classes may vary. Actual after-tax returns depend on the investor's individual tax situation and may differ from the returns shown. After-tax returns are not relevant for shares held in tax-deferred investment vehicles such as employer-sponsored 401(k) plans and individual retirement accounts (IRAs). The after-tax returns shown are calculated using the highest individual federal marginal income tax rates in effect during the periods presented and do not reflect the impact of state and local taxes.

(Delaware Core Plus Bond Fund) | Barclays U.S. Aggregate Index (reflects no deduction for fees, expenses, or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.84%
5 Years rr_AverageAnnualReturnYear05 6.50%
10 years or lifetime rr_AverageAnnualReturnYear10 5.78%
(Delaware Core Plus Bond Fund) | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases as a percentage of offering price rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 4.50%
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.30%
Other expenses rr_OtherExpensesOverAssets 0.33%
Total annual fund operating expenses rr_ExpensesOverAssets 1.18%
Fee waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.28%) [2]
Total annual fund operating expenses after fee waivers and expense reimbursements rr_NetExpensesOverAssets 0.90%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 538
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 781
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,044
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,794
Annual Return 2002 rr_AnnualReturn2002 9.88%
Annual Return 2003 rr_AnnualReturn2003 2.09%
Annual Return 2004 rr_AnnualReturn2004 3.82%
Annual Return 2005 rr_AnnualReturn2005 1.94%
Annual Return 2006 rr_AnnualReturn2006 3.01%
Annual Return 2007 rr_AnnualReturn2007 5.06%
Annual Return 2008 rr_AnnualReturn2008 (1.65%)
Annual Return 2009 rr_AnnualReturn2009 19.75%
Annual Return 2010 rr_AnnualReturn2010 7.88%
Annual Return 2011 rr_AnnualReturn2011 7.49%
Year to Date Return, Label rr_YearToDateReturnLabel As of September 30, 2012, the Fund's Class A shares had a calendar year-to-date return of 5.36%.
Bar Chart, Year to Date Return, Date rr_BarChartYearToDateReturnDate Sep. 30, 2012
Bar Chart, Year to Date Return rr_BarChartYearToDateReturn 5.36%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel highest quarterly return was 8.30% for the quarter ended September 30, 2009
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 8.30%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel lowest quarterly return was -3.49% for the quarter ended September 30, 2008
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Sep. 30, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (3.49%)
1 Year rr_AverageAnnualReturnYear01 2.60%
5 Years rr_AverageAnnualReturnYear05 6.50%
10 years or lifetime rr_AverageAnnualReturnYear10 5.30%
(Delaware Core Plus Bond Fund) | Class A | after taxes on distributions
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.35%
5 Years rr_AverageAnnualReturnYear05 4.81%
10 years or lifetime rr_AverageAnnualReturnYear10 3.64%
(Delaware Core Plus Bond Fund) | Class A | after taxes on distributions and sale of Fund shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 1.66%
5 Years rr_AverageAnnualReturnYear05 4.54%
10 years or lifetime rr_AverageAnnualReturnYear10 3.52%
(Delaware Core Plus Bond Fund) | Class B
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases as a percentage of offering price rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower rr_MaximumDeferredSalesChargeOverOfferingPrice 4.00% [1]
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.33%
Total annual fund operating expenses rr_ExpensesOverAssets 1.88%
Fee waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.23%) [2]
Total annual fund operating expenses after fee waivers and expense reimbursements rr_NetExpensesOverAssets 1.65%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 568
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 794
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,145
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,999
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 168
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 569
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 995
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 1,999
1 Year rr_AverageAnnualReturnYear01 2.70%
5 Years rr_AverageAnnualReturnYear05 6.49%
10 years or lifetime rr_AverageAnnualReturnYear10 5.17%
(Delaware Core Plus Bond Fund) | Class C
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases as a percentage of offering price rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower rr_MaximumDeferredSalesChargeOverOfferingPrice 1.00% [1]
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other expenses rr_OtherExpensesOverAssets 0.33%
Total annual fund operating expenses rr_ExpensesOverAssets 1.88%
Fee waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.23%) [2]
Total annual fund operating expenses after fee waivers and expense reimbursements rr_NetExpensesOverAssets 1.65%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 268
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 569
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 995
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,182
Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 168
Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 569
Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 995
Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 2,182
1 Year rr_AverageAnnualReturnYear01 5.69%
5 Years rr_AverageAnnualReturnYear05 6.71%
10 years or lifetime rr_AverageAnnualReturnYear10 5.03%
(Delaware Core Plus Bond Fund) | Institutional Class
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases as a percentage of offering price rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets none
Other expenses rr_OtherExpensesOverAssets 0.33%
Total annual fund operating expenses rr_ExpensesOverAssets 0.88%
Fee waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.23%) [2]
Total annual fund operating expenses after fee waivers and expense reimbursements rr_NetExpensesOverAssets 0.65%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 66
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 258
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 465
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,063
1 Year rr_AverageAnnualReturnYear01 7.76%
5 Years rr_AverageAnnualReturnYear05 7.78%
10 years or lifetime rr_AverageAnnualReturnYear10 6.09%
(Delaware Core Plus Bond Fund) | Class R
 
Risk/Return: rr_RiskReturnAbstract  
Maximum sales charge (load) imposed on purchases as a percentage of offering price rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none
Maximum contingent deferred sales charge (load) as a percentage of original purchase price or redemption price, whichever is lower rr_MaximumDeferredSalesChargeOverOfferingPrice none
Management fees rr_ManagementFeesOverAssets 0.55%
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.60%
Other expenses rr_OtherExpensesOverAssets 0.33%
Total annual fund operating expenses rr_ExpensesOverAssets 1.48%
Fee waivers and expense reimbursements rr_FeeWaiverOrReimbursementOverAssets (0.33%) [2]
Total annual fund operating expenses after fee waivers and expense reimbursements rr_NetExpensesOverAssets 1.15%
Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 117
Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 436
Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 777
Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,740
Label rr_AverageAnnualReturnLabel (lifetime: 6/2/03-12/31/11)
1 Year rr_AverageAnnualReturnYear01 7.09%
5 Years rr_AverageAnnualReturnYear05 7.27%
Lifetime rr_AverageAnnualReturnSinceInception 4.97%
[1] If you redeem Class B shares during the first year after you buy them, you will pay a contingent deferred sales charge (CDSC) of 4.00%, which declines to 3.00% during the second year, 2.25% during the third year, 1.50% during the fourth and fifth years, 1.00% during the sixth year, and 0% thereafter. Class C shares redeemed within one year of purchase are subject to a 1.00% CDSC.
[2] The Fund's investment manager, Delaware Management Company (Manager), is contractually waiving its investment advisory fees and/or paying expenses (excluding any 12b-1 plan, taxes, interest, inverse floater program expenses, short sale and dividend 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) to the extent necessary to prevent total annual fund operating expenses from exceeding 0.65% of the Fund's average daily net assets from November 28, 2012 through November 28, 2013. The Fund's distributor, Delaware Distributors, L.P. (Distributor), has also contracted to limit the Class A and Class R shares' 12b-1 fees to no more than 0.25% and 0.50%, respectively, of its average daily net assets from November 28, 2012 through November 28, 2013. These waivers and reimbursements may only be terminated by agreement of the Manager and the Distributor, as applicable, and the Fund. Additionally, the Fund's Class A shares are subject to a blended 12b-1 fee of 0.10% on all shares acquired prior to June 1, 1992, and 0.30% on all shares acquired on or after June 1, 1992. This method of calculating Class A 12b-1 fees may be discontinued at the sole discretion of the Board.
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Annual Fund Operating Expenses (dei_DocumentInformationDocumentAxis, (Delaware Core Plus Bond Fund))
0 Months Ended
Nov. 28, 2012
Class A
 
Operating Expenses:  
Management fees 0.55%
Distribution and service (12b-1) fees 0.30%
Other expenses 0.33%
Total annual fund operating expenses 1.18%
Fee waivers and expense reimbursements (0.28%) [1]
Total annual fund operating expenses after fee waivers and expense reimbursements 0.90%
Class B
 
Operating Expenses:  
Management fees 0.55%
Distribution and service (12b-1) fees 1.00%
Other expenses 0.33%
Total annual fund operating expenses 1.88%
Fee waivers and expense reimbursements (0.23%) [1]
Total annual fund operating expenses after fee waivers and expense reimbursements 1.65%
Class C
 
Operating Expenses:  
Management fees 0.55%
Distribution and service (12b-1) fees 1.00%
Other expenses 0.33%
Total annual fund operating expenses 1.88%
Fee waivers and expense reimbursements (0.23%) [1]
Total annual fund operating expenses after fee waivers and expense reimbursements 1.65%
Institutional Class
 
Operating Expenses:  
Management fees 0.55%
Distribution and service (12b-1) fees none
Other expenses 0.33%
Total annual fund operating expenses 0.88%
Fee waivers and expense reimbursements (0.23%) [1]
Total annual fund operating expenses after fee waivers and expense reimbursements 0.65%
Class R
 
Operating Expenses:  
Management fees 0.55%
Distribution and service (12b-1) fees 0.60%
Other expenses 0.33%
Total annual fund operating expenses 1.48%
Fee waivers and expense reimbursements (0.33%) [1]
Total annual fund operating expenses after fee waivers and expense reimbursements 1.15%
[1] The Fund's investment manager, Delaware Management Company (Manager), is contractually waiving its investment advisory fees and/or paying expenses (excluding any 12b-1 plan, taxes, interest, inverse floater program expenses, short sale and dividend 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) to the extent necessary to prevent total annual fund operating expenses from exceeding 0.65% of the Fund's average daily net assets from November 28, 2012 through November 28, 2013. The Fund's distributor, Delaware Distributors, L.P. (Distributor), has also contracted to limit the Class A and Class R shares' 12b-1 fees to no more than 0.25% and 0.50%, respectively, of its average daily net assets from November 28, 2012 through November 28, 2013. These waivers and reimbursements may only be terminated by agreement of the Manager and the Distributor, as applicable, and the Fund. Additionally, the Fund's Class A shares are subject to a blended 12b-1 fee of 0.10% on all shares acquired prior to June 1, 1992, and 0.30% on all shares acquired on or after June 1, 1992. This method of calculating Class A 12b-1 fees may be discontinued at the sole discretion of the Board.
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