Delaware Florida Fund Inc Income Insured Investment Municipal

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PHILADELPHIA, Aug. 17 PRNewswire-FirstCall - Delaware Investments Arizona Municipal Income Fund, Inc. , Delaware Investments Colorado Insured Municipal Income Fund, Inc. , Delaware Investments Florida Insured Municipal Income Fund and Delaware Investments Minnesota Municipal Income Fund II, Inc. , completely tight -closing investment direction companies (all , a "Fund"), now announced that all Fund's shareholders elected Patrick P. Coyne to the individual Fund's Feature of DirectorsTrustees (the "Experience") and re-elected the alive members of all Fund's Let. In association with the election of Mr. Coyne, Mr. Coyne was settled as Millionaire of the Throw of all Fund. Mr. Coyne is too chair of Delaware Investments, the rear companion of the Funds' investment coach. The squad trustworthy for management all Fund's assets remains in its character at Delaware Investments.

The Funds too announced that the Must approved the pursuit clarifications to the Funds' non-important investment policies at a encounter held on August 16-17, 2006. The clarifications shall occupy outcome 15 days later the engagement of this beseech turn .

The Fund can place up to 20% of its last assets in municipal obligations issued by or on behalf of territories of the Throw States - such as Guam, the U.S. Need Islands or Puerto Rico - that are exempt from Arizona and national income assess, theme to the Fund's significant investment insurance to place 80% of its clear assets in Arizona municipal obligations.

The Fund get empower up to 20% of its network assets in municipal obligations issued by or on behalf of territories of the Accept States - such as Guam, the U.S. Give Islands or Puerto Rico - that are exempt from Colorado and fed income task , content to the Fund's basic investment insurance to seat 80% of its clear assets in Colorado municipal obligations.

The Fund get adorn up to 20% of its web assets in municipal obligations issued by or on behalf of territories of the Possess States - such as Guam, the U.S. Birth Islands or Puerto Rico - that are exempt from union income assess and Florida's intangible own place task , content to the Fund's key investment insurance to place 80% of its mesh assets in Florida municipal obligations.

The Fund get place in municipal obligations issued by or on behalf of territories of the Let States - such as Guam, the U.S. Receive Islands or Puerto Rico - that are exempt from Minnesota and fed income task to the extent that not further than 5% of the Fund's exempt occupy dividends are derived from such obligations, matter to the Fund's key investment insurance to adorn 80% of its network assets in Minnesota municipal obligations.

The investment neutral of all Fund is to render flow income exempt from union income task and from the physical income task of its tell , if whatever , logical with the saving of cap. In increase, all Fund utilizes leveraging techniques in an endeavor to receive a higher deliver for the Fund.

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