Delaware Investments Colorado Municipal Income Fund, Inc, Delaware Investments National Municipal Income Fund and Delaware Investments Minnesota Municipal Income Fund II, Inc. announced that effective May 23, 2015, Patrick P. Coyne has resigned as Director or Trustee, President, and Chief Executive Officer of the Funds in connection with his previously announced retirement from Delaware Investments, the Funds' investment manager. Effective May 23, 2015, Roger A. Early, currently the Managing Director, Head of Fixed Income Investments, will replace Mr. Coyne as the Funds' President and Chief Executive Officer. As previously announced, Thomas L. Bennett succeeded Mr. Coyne as Chairman of the Funds' Board on March 1, 2015.

The team responsible for managing the Funds' assets will remain in place.