# EDGAR Filing Document

**Accession Number:** 0000763749
**File Stem:** 0001137439-23-000425
**Filing Date:** 2023-2
**Character Count:** 4332
**Document Hash:** 86cb535b86c54a9da5555b205a759c70
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001137439-23-000425.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001137439-23-000425

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**EFFECTIVENESS DATE**: 20230228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VOYAGEUR MUTUAL FUNDS III
- **CENTRAL INDEX KEY:** 0000763749
- **IRS NUMBER:** 411777915
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-95928
- **FILM NUMBER:** 23682367

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354
- **BUSINESS PHONE:** 18005231918

**MAIL ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VOYAGEUR MUTUAL FUNDS III /MN/
- **DATE OF NAME CHANGE:** 20020625

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VOYAGEUR MUTUAL FUNDS III INC /MN/
- **DATE OF NAME CHANGE:** 19940318

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VOYAGEUR GROWTH STOCK FUND INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### DELAWARE SELECT GROWTH FUND (Series ID: S000003946)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000011055 | CLASS A             | DVEAX           |
| C000011057 | CLASS C             | DVECX           |
| C000011058 | CLASS R             | DFSRX           |
| C000011059 | INSTITUTIONAL CLASS | VAGGX           |

Voyageur Mutual Funds III

#### Delaware Select Growth Fund

#### (the "Fund")

#### Supplement to the Fund's Summary Prospectus

#### dated February 28, 2023

Effective April 28, 2023 (the "Effective Date"), the Fund will change its benchmark index from the Russell 3000 Growth Index to the Russell 1000 Growth Index.

*Upon the Effective Date, the following will replace the first paragraph of the section of the Fund's prospectus entitled "Fund summary – Delaware Select Growth Fund – What are the Fund's principal investment strategies?":*

The Fund invests primarily in common stocks of companies that its Manager believes have long-term capital appreciation potential and are expected to grow faster than the US economy. The Manager will primarily invest in large- and medium-sized companies.

*Upon the Effective Date, the following will replace the fourth and fifth paragraphs of the section of the Fund's prospectus entitled "Fund summary – Delaware Select Growth Fund – What are the Fund's principal investment strategies?":*

Under normal circumstances, the Fund generally holds 35 to 50 stocks, although from time to time the Fund may hold more or fewer names depending on the Manager's assessment of the investment opportunities available.

The Manager typically invests in a mix of different stocks, representing a wide array of industries and a mix of large- and medium-sized companies.

**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 a Fund.**

**Delaware Management Company is an indirect wholly owned subsidiary of Macquarie Group Limited (MGL). None of the entities noted in this document is an authorized deposit-taking institution for the purposes of the Banking Act 1959 (Commonwealth of Australia) and the obligations of these entities do not represent deposits or other liabilities of Macquarie Bank Limited ABN 46 008 583 542 (Macquarie Bank). Macquarie Bank does not guarantee or otherwise provide assurance in respect of the obligations of these entities. In addition, if this document relates to an investment (a) each investor is subject to investment risk including possible delays in repayment and loss of income and principal invested and (b) none of Macquarie Bank or any other Macquarie Group company guarantees any particular rate of return on or the performance of the investment, nor do they guarantee repayment of capital in respect of the investment.**

Please keep this Supplement for future reference.

#### This Supplement is dated February 28, 2023.
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