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DELAWARE POOLED® TRUST

Macquarie Large Cap Value Portfolio
(the “Portfolio” or “Acquired Portfolio”)

Supplement to the Portfolio’s Prospectus and Statement of Additional Information
dated February 26, 2021

On May 26, 2021, the Board of Trustees of Delaware Pooled Trust approved the reorganization (Reorganization) of the Portfolio into and with a substantially similar fund and class of another Delaware Fund as shown in the table below:

Acquired Portfolio and Class
Acquiring Fund and Class
Macquarie Large Cap Value Portfolio, a series of Delaware Pooled Trust
Delaware Value® Fund, a series of Delaware Group® Equity Funds II
Share Class
Class R6

The Reorganization is subject to the approval of Portfolio shareholders at a special shareholder meeting currently scheduled to be held on Sept. 3, 2021.

If the Reorganization is approved by shareholders at that Sept. 3, 2021 special shareholder meeting, the following would occur:

The Reorganization is expected to occur on or about Sept. 17, 2021.

Effective as of the close of business on Aug. 27, 2021, the applicable Acquired Portfolio will close to purchase and exchange in transactions from new investors and existing shareholders. Reinvested dividends and capital gains can continue until the Reorganization date.

Prior to the closing of the Reorganization, the applicable Acquired Portfolio will distribute to its shareholders, in one or more distributions, all of its income and gains (net of available capital loss carryovers) not previously distributed for taxable years ending on or prior to the date of closing of the Reorganization.  

No shareholder action is necessary at this time. More detailed information about the Reorganization will be provided in a forthcoming proxy statement. When you receive your proxy statement, please review it carefully and cast your vote. This Supplement is not a proxy and is not soliciting any proxy, which can only be done by means of a proxy statement.

Because everyone’s tax situation is unique, you should consult your tax professional about federal, state, local, or foreign tax consequences before making an investment in the Portfolio.

Delaware Management Company (Manager) is an indirect wholly owned subsidiary of Macquarie Group Limited (MGL). Other than Macquarie Bank Limited (MBL), a subsidiary of MGL and an affiliate of the Manager, none of the entities noted are authorized deposit-taking institutions for the purposes of the Banking Act 1959 (Commonwealth of Australia). The obligations of these entities do not represent deposits or other liabilities of MBL. MBL does not guarantee or otherwise provide assurance in respect of the obligations of these entities, unless noted otherwise. The Portfolio is governed by US laws and regulations.

Please keep this Supplement for future reference.

This Supplement is dated August 9, 2021.