AMENDMENT NO. 1 TO

EXHIBIT A

OF THE INVESTMENT MANAGEMENT AGREEMENT

	THIS EXHIBIT to the Investment Management Agreement dated January 4, 2010 (the
"Agreement") between DELAWARE GROUP ADVISER FUNDS and DELAWARE
MANAGEMENT COMPANY, a series of Delaware Management Business Trust (the
"Investment Manager"), amended as of the 31st day of March, 2011 lists the Funds for which the
Investment Manager provides investment management services pursuant to this Agreement, along
with the management fee rate schedule for each Fund and the date on which the Agreement
became effective for each Fund.

Fund Name
Effective Date
Management Fee Schedule (as a
percentage of average daily net assets)
Annual Rate
Delaware Diversified Income Fund
January 4, 2010
0.55% on first $500 million
0.50% on next $500 million
0.45% on next $1.5 billion
0.425% on assets in excess of $2.5 billion
Delaware U.S. Growth Fund
January 4, 2010
0.65% on first $500 million
0.60% on next $500 million
0.55% on next $1.5 billion
0.50% on assets in excess of $2.5 billion
Delaware International Bond Fund
March 31, 2011
0.65% on first $500 million
0.60% on next $500 million
0.55% on next $1.5 billion
0.50% on assets in excess of $2.5 billion


DELAWARE MANAGEMENT COMPANY,
A series of Delaware Management Business Trust

DELAWARE GROUP ADVISER FUNDS






By:	/S/ DAVID P. O'CONNOR
Name:	David P. O'Connor
Title:	Senior Vice President

By:	/s/ PATRICK P. COYNE
Name:	Patrick P. Coyne
Title:	President





845607_1.DOC

845607_1.DOC