Delaware Investments of Philadelphia announced today that it plans to cut 14 funds from its lineup through fund mergers and liquidations over the next couple of months, bringing the company’s total mutual fund offerings to 49.

The Funds’ Board of Trustees made the decisions in a meeting last week, according to a spokesperson for Delaware. In total, 11 funds are to be merged into funds with similar investment objectives and three funds are to be liquidated, according to the announcement. The mergers are pending shareholder approval.

Subscribe Now

Access to premium content including in-depth coverage of mutual funds, hedge funds, 401(K)s, 529 plans, and more.

3-Week Free Trial

Insight and analysis into the management, marketing, operations and technology of the asset management industry.