Delaware Enhanced Global Dividend & Income Fund: management transactions · United States · SEC (Form 4)

About Delaware Enhanced Global Dividend & Income Fund

Delaware Enhanced Global Dividend & Income Fund (NYSE: DEX) is a U.S.-listed closed-end investment fund focused on current income and total return through a globally diversified portfolio. For French, Belgian and Swiss investors, it should be viewed as an asset-management vehicle rather than an operating company. The fund is based in the United States, with a business address in Philadelphia, Pennsylvania, and it has historically been associated with the Delaware Funds / Macquarie Asset Management platform. Its core purpose is to generate distributable income by investing in dividend-paying and income-producing securities across multiple asset classes. DEX’s investment approach has been described as “enhanced income” and globally diversified. Regulatory disclosures indicate that the portfolio could include large, established equity issuers, real estate-related securities, government bonds, investment-grade and high-yield corporate bonds, convertible bonds, and emerging-markets exposure. In practical terms, that makes the fund a multi-asset income strategy with an emphasis on global equity dividends and fixed-income yield. The structure is important: as a closed-end fund, DEX has a fixed capital base and can trade at a discount or premium to net asset value, which is a key analytical variable for income investors and a major differentiator versus open-end mutual funds or ETFs. From a competitive standpoint, DEX operated in the crowded U.S. closed-end fund universe, where investors compare funds on distribution stability, portfolio quality, leverage policy, fees, and market price relative to NAV. Its appeal historically came from the combination of global diversification, active security selection, and a managed distribution framework. For yield-oriented investors, this type of strategy can be attractive because it seeks to smooth cash flows and maintain an income profile across different market regimes, although distributions may include sources beyond ordinary dividends. Historically, the fund predates 2020 and had a meaningful presence on the NYSE before its later restructuring. SEC filings show that effective March 10, 2023, all assets and liabilities of Delaware Enhanced Global Dividend & Income Fund were acquired by arbdn Global Dynamic Dividend Fund (NYSE: AGD) as part of an approved reorganization. That transaction is the most important recent event in the fund’s history and materially changed its standalone market relevance. Even so, DEX remains a useful reference for investors studying U.S. listed income funds, managed distributions, and the economics of closed-end fund structures in the United States.