PHILADELPHIA–(BUSINESS WIRE)–Delaware Enhanced Global Dividend and Income Fund (NYSE: DEX) (the
“Fund”) announced today that its Board of Trustees has authorized an
issuer tender offer to purchase for cash up to 631,965 of its common
shares, representing five percent of its issued and outstanding common
shares, without par value. The tender offer will commence on Friday, May
31, 2019, and will expire, unless extended, at 11:59 p.m., New York City
time, on Thursday, June 27, 2019. Subject to various terms and
conditions described in offering materials to be distributed to
shareholders: (1) purchases will be made at a price per share equal to
98% of the Fund’s net asset value per share as of the close of trading
on the first business day after the expiration of the offer; and (2) if
more shares are tendered than the amount the Board has authorized to
purchase, the Fund will purchase a number of shares equal to the offer
amount on a prorated basis.

The Fund’s common shares have recently traded at a discount to their net
asset value per share. During the pendency of the tender offer, the
current net asset value per share will be available by telephone at 888
605-8334 or on the Fund’s website at delawarefunds.com/closed-end.

The Fund’s primary investment objective is to seek current income, with
a secondary objective of capital appreciation. The Fund invests globally
in dividend-paying or income-generating securities across multiple asset
classes, including but not limited to: equity securities of large,
well-established companies; securities issued by real estate companies
(including real estate investment trusts and real estate industry
operating companies); debt securities (such as government bonds;
investment grade and high risk, high yield corporate bonds; and
convertible bonds); and emerging market securities. The Fund also uses
enhanced income strategies by engaging in dividend capture trading;
option overwriting; and realization of gains on the sale of securities,
dividend growth, and currency forwards. There is no assurance that the
Fund will achieve its investment objectives.

Under normal market conditions, the Fund will invest: (1) at most 60% of
its net assets in securities of U.S. issuers; and (2) at least 40% of
its net assets in securities of non-U.S. issuers, unless market
conditions are not deemed favorable by the Manager, in which case, the
Fund would invest at least 30% of its net assets in securities of
non-U.S. issuers; and (3) the Fund may invest up to 25% of its net
assets in securities issued by real estate companies (including real
estate investment trusts and real estate industry operating companies).
In addition, the Fund utilizes leveraging techniques in an attempt to
obtain higher return for the Fund.

The Fund has implemented a managed distribution policy. Under the
policy, the Fund is managed with a goal of generating as much of the
distribution as possible from net investment income and short-term
capital gains. The balance of the distribution will then come from
long-term capital gains to the extent permitted, and if necessary, a
return of capital. A return of capital may occur for example, when some
or all of the money that you invested in the Fund is paid back to you. A
return of capital distribution does not necessarily reflect the Fund’s
investment performance and should not be confused with ‘yield’ or
‘income’. Even though the Fund may realize current year capital gains,
such gains may be offset, in whole or in part, by the Fund’s capital
loss carryovers from prior years.

Currently under the Fund’s managed distribution policy, the Fund makes
monthly distributions to common shareholders at a targeted annual
distribution rate of 10% of the Fund’s average net asset value (“NAV”)
per share. The Fund will calculate the average NAV per share from the
previous three full months immediately prior to the distribution based
on the number of business days in those three months on which the NAV is
calculated. The distribution will be calculated as 10% of the prior
three month’s average NAV per share, divided by 12. The Fund will
generally distribute amounts necessary to satisfy the Fund’s managed
distribution policy and the requirements prescribed by excise tax rules
and Subchapter M of the Internal Revenue Code. This distribution
methodology is intended to provide shareholders with a consistent, but
not guaranteed, income stream and a targeted annual distribution rate
and is intended to narrow any discount between the market price and the
NAV of the Fund’s common shares, but there is no assurance that the
policy will be successful in doing so. The methodology for determining
monthly distributions under the Fund’s managed distribution policy will
be reviewed at least annually by the Fund’s Board of Trustees, and the
Fund will continue to evaluate its distribution in light of ongoing
market conditions.

Shareholders are advised to read the offer to purchase when it is
available, as it contains important information.

The offer to purchase and other documents filed by the Fund with the
U.S. Securities and Exchange Commission (SEC), including the Fund’s
annual report for the fiscal year ended November 30, 2018, are or will
be available without cost at the Commission’s website (sec.gov)
or by calling the Fund’s Information Agent.

About Macquarie Investment Management

Macquarie Investment Management, a member of Macquarie Group, includes
the former Delaware Investments and is a global asset manager with
offices throughout the United States, Europe, Asia, and Australia. As
active managers, we prioritize autonomy and accountability at the team
level in pursuit of opportunities that matter for clients. Macquarie
Investment Management is supported by the resources of Macquarie Group
(ASX: MQG; ADR: MQBKY), a global provider of asset management,
investment, banking, financial and advisory services.

Advisory services are provided by Macquarie Investment Management
Business Trust, a registered investment advisor. Macquarie Group refers
to Macquarie Group Limited and its subsidiaries and affiliates
worldwide. For more information about Delaware Funds^® by
Macquarie, visit delawarefunds.com or call 800 523-1918.

Other than Macquarie Bank Limited (MBL), none of the entities referred
to in this document 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, a subsidiary of Macquarie Group Limited and an
affiliate of Macquarie Investment Management. MBL does not guarantee or
otherwise provide assurance in respect of the obligations of these
entities, unless noted otherwise.

© 2019 Macquarie Management Holdings, Inc.

Contacts

Investors
Georgeson LLC (during pendency of the tender offer)
888
605-8334
delawarefunds.com/closed-end

Media contacts
Daniela Palmieri
215 255-8878

Jessica Fitzgerald
215 255-1336