SCHEDULE
13D
DATE OF EVENT
WHICH REQUIRES FILING OF THIS STATEMENT
8/16/2022
1. NAME OF REPORTING PERSON
Bulldog Investors, LLP
2. CHECK THE BOX IF MEMBER OF A GROUP a[]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION DE
7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 296,192
9. SOLE DISPOSITIVE POWER 0
10. SHARED DISPOSITIVE POWER 296,192
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON
296,192(Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
13. PERCENT OF CLASS REPRESENTED BY ROW 11 2.65%
14. TYPE OF REPORTING PERSON
IA
1. NAME OF REPORTING PERSON
Phillip Goldstein
2. CHECK THE BOX IF MEMBER OF A GROUP a[]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION USA
7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 589,875
9. SOLE DISPOSITIVE POWER 0
10. SHARED DISPOSITIVE POWER 589,875
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 589,875
(Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
13. PERCENT OF CLASS REPRESENTED BY ROW 11
5.28%
14. TYPE OF REPORTING PERSON
IN
1. NAME OF REPORTING PERSON
Andrew Dakos
2. CHECK THE BOX IF MEMBER OF A GROUP a[]
b[]
3. SEC USE ONLY
4. SOURCE OF FUNDS WC
5. CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED
PURSUANT TO ITEMS 2(d) AND 2(e) []
6. CITIZENSHIP OR PLACE OF ORGANIZATION USA
7. SOLE VOTING POWER 0 8. SHARED VOTING POWER 589,875
9. SOLE DISPOSITIVE POWER 0
10. SHARED DISPOSITIVE POWER 589,875
11. AGGREGATE AMOUNT OWNED BY EACH REPORTING PERSON 589,875
(Footnote 1)
12. CHECK IF THE AGGREGATE AMOUNT EXCLUDES CERTAIN SHARES
[]
13. PERCENT OF CLASS REPRESENTED BY ROW 11
5.28%
14. TYPE OF REPORTING PERSON
IN
Item 1. SECURITY AND
ISSUER
This Schedule 13D relates to the shares of Common Stock of
Delaware Enhanced Global Dividend and Income Fund ("DEX" or the
"Issuer").
The principal executive offices of DEX are located at
610 Market Street
Philadelphia, PA 19106
Item 2. IDENTITY AND
BACKGROUND
(a) This statement is filed on behalf of
Bulldog Investors,LLP (a Delaware Limited Liability Partnership),
Phillip Goldstein, and Andrew Dakos.
(b) The business address of the reporting persons is Park 80
West-Plaza Two, 250 Pehle Ave., Suite 708, Saddle Brook, NJ
07663.
(c) Bulldog Investors,LLP is a registered investment adviser.
Messrs. Goldstein and Dakos are partners of Bulldog
Investors,LLP.
(d) n/a
(e) n/a
(f) Each of Messrs. Goldstein and Dakos is a citizen of the
United States.
ITEM 3. SOURCE AND AMOUNT OF
FUNDS AND OTHER CONSIDERATIONS
Shares of the Issuer have been accumulated on behalf of clients of
Bulldog Investors,LLP and on behalf of a registered closed-end
investment company for which Messrs. Goldstein and Dakos have
investment and voting authority.
ITEM 4. PURPOSE OF
TRANSACTION
See exhibit B. Letter to the Board of
Trustees.
ITEM 5. INTEREST IN SECURITIES
OF THE ISSUER
(a) As per the N-CSRS filed on 08/05/2022
there were 11,179,969 shares of common stock outstanding as of
5/31/2022. The percentages set forth herein were derived using such
number. Phillip Goldstein and Andrew Dakos own Bulldog Investors,
LLP, a registered investment advisor. As of August 19, 2022 Bulldog
Investors, LLP is deemed to be the beneficial owner of 296,192
shares of DEX (representing 2.65% of DEX's outstanding shares)
solely by virtue of Bulldog Investors LLP's power to direct the
vote of,and dispose of, these shares.
As of August 19, 2022, each of Messrs. Goldstein and Dakos is
deemed to be the beneficial owner of 589,875 shares of DEX
(representing 5.28% of DEX's outstanding shares) by virtue of their
power to direct the vote of, and dispose of, these shares.
(b)Bulldog Investors,LLP has sole power to dispose of and vote 0
shares. Bulldog Investors, LLP has shared power to dispose of and
vote 296,192 shares. Certain of Bulldog Investors, LLP's clients
(none of whom beneficially own more than 5% of DEX's shares) share
this power with Bulldog Investors, LLP. Messrs. Goldstein and Dakos
are partners of Bulldog Investors, LLP. Messrs. Goldstein and Dakos
have shared power to dispose of and vote an additional 293,683
shares.
c) During the past 60 days the following shares of DEX were
bought.
Date Shares Price
8/19/2022 1,015 8.07
8/18/2022 8,573 8.229
8/16/2022 3,856 8.2681
8/16/2022 2,546 8.26
8/15/2022 9,000 8.16
8/12/2022 11,632 8.086
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d) Clients of Bulldog Investors, LLP and a closed-end investment
company for which Messrs. Goldstein and Dakos have investment
authority are entitled to receive any dividends or sales
proceeds.
e) N/A
ITEM 6.
CONTRACTS,ARRANGEMENTS,UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT
TO SECURITIES OF THE ISSUER.
N/A
ITEM 7. MATERIAL TO BE FILED AS
EXHIBITS
Exhibit A and B
After reasonable inquiry and to the best of my knowledge and
belief, I certify that the information set forth in this statement
is true, complete and correct.
Dated: 8/22/2022
By: /S/ Phillip Goldstein
Name: Phillip Goldstein
By: /S/ Andrew Dakos
Name: Andrew Dakos
Bulldog Investors, LLP
By: /s/ Andrew Dakos
Andrew Dakos, Partner
Footnote 1: The reporting persons disclaim beneficial ownership except
to the extent of any pecuniary interest therein.
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Exhibit A:
Agreement to Make Joint
Filing
Agreement made as of the 22nd day of August, 2022, by and among
Bulldog Investors, LLP, Phillip Goldstein and Andrew Dakos.
WHEREAS, Rule 13d-1(k)(1) under the Securities Exchange Act of
1934 provides that whenever two or more persons are required to
file a statement containing the information required by Schedule
13D with respect to the same securities, only one such statement
need be filed, so long as, among other things, such filing includes
as an exhibit an agreement among such persons that such a statement
is filed on behalf of each of them;
WHEREAS, in connection with certain holdings of Delaware
Enhanced Global Dividend and Income Fund (DEX), each of the parties
to this Agreement is required to file a statement containing the
information required by Schedule 13D with respect to the same
holdings of DEX;
NOW THEREFORE, the parties hereby agree that one statement
containing the information required by Schedule 13D shall be filed
on behalf of each party hereto.
IN WITNESS WHEREOF, this Agreement has been duly executed by the
parties hereto as of the day and year first written above.
By:/s/ Phillip Goldstein By:/s/ Andrew Dakos
Phillip Goldstein Andrew Dakos
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BULLDOG INVESTORS,
LLP
By:/s/ Andrew Dakos
Andrew Dakos, Partner
|
Exhibit B:
Special Opportunities Fund, Inc. 615 East Michigan Street,
Milwaukee, WI 53202
August 16, 2022
The Board of Trustees
Delaware Enhanced Global Dividend and Income Fund 100
Independence
610 Market Street
Philadelphia, PA 19106-2354
Dear Trustees:
Special Opportunities Fund has been a beneficial holder of
shares of Delaware Enhanced Global Dividend and Income Fund valued
in excess of $25,000 continuously for more than a year and plans to
hold them through the special meeting of shareholders targeted for
November 2022. We hereby submit the following proposal and
supporting statement pursuant to rule 14a-8 of the Securities
Exchange Act of 1934 for inclusion in management's proxy materials.
We are available to discuss this matter at your convenience.
RESOLVED: If shareholders of Delaware Enhanced Global Dividend
and Income Fund (the Fund) do not approve the proposed merger of
the Fund into Abrdn Global Dynamic Dividend Fund ("AGD") at this
meeting, they request that the Board of Trustees take steps to
cause the Fund to be liquidated or converted to (or merged with) an
exchange traded fund (ETF) or an open-end mutual fund.
SUPPORTING
STATEMENT
On August 11, 2022, the Fund announced that its Board of
Trustees approved the reorganization of the Fund into AGD. The
Fund's shares have traded at a persistent discount from NAV for
years. Just before the announcement, the discount stood at about
14%. If shareholders do not approve the merger with AGD, we think
the Board should provide a means for all shareholders to realize
net asset value for their shares via a liquidation of the Fund or
conversion into (or merger with) an ETF or an open-end fund.
Very truly yours,
/s/Phillip Goldstein
Phillip Goldstein
Chairman
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