Note 8: Offsetting of financial and derivative assets and liabilitiesThe following table summarizes any derivatives, repurchase agreements and reverse repurchase agreements, atthe end of the reporting period, that are subject to an enforceable master netting agreement or similar agreement.For securities lending transactions or borrowing transactions associated with securities sold short, if any, seeNote 1. For financial reporting purposes, the fund does not offset financial assets and financial liabilities that aresubject to the master netting agreements in the Statement of assets and liabilities.Bank of America N.A.Barclays Bank PLCCitibank, N.A.Credit SuisseInternationalAssets:OTC Total return swap contracts* # $— $— $— $— $— $— $— $— $— $—Forward currency contracts # — — — 3,485,956 — — — — — 3,485,956Purchased options** # 1,727,071 6,676,065 30,415,042 30,675,642 9,466,028 2,617,191 170,993 4,572,675 3,668,338 89,989,045Total Assets $1,727,071 $6,676,065 $30,415,042 $34,161,598 $9,466,028 $2,617,191 $170,993 $4,572,675 $3,668,338 $93,475,001Liabilities:OTC Total return swap contracts* # — — — — 1,949,572 — 122,568 — — 2,072,140Forward currency contracts # — — — — — — — — 684,227 684,227Written options # 818,903 3,446,295 20,897,730 18,471,775 2,642,507 1,109,995 142,077 — 1,357,760 48,887,042Total Liabilities $818,903 $3,446,295 $20,897,730 $18,471,775 $4,592,079 $1,109,995 $264,645 $— $2,041,987 $51,643,409Total Financial and Derivative Net Assets $908,168 $3,229,770 $9,517,312 $15,689,823 $4,873,949 $1,507,196 $(93,652) $4,572,675 $1,626,351 $41,831,592Total collateral received (pledged)† ## $775,703 $697,822 $8,189,000 $9,809,866 $4,873,949 $1,507,196 $(93,652) $4,572,675 $1,356,881Net amount $132,465 $2,531,948 $1,328,312 $5,879,957 $— $— $— $— $269,470*Excludes premiums, if any. Included in unrealized appreciation and depreciation on OTC swap contracts on the Statement of assetsand liabilities.**Included with <strong>Investments</strong> in securities on the Statement of assets and liabilities.†Additional collateral may be required from certain brokers based on individual agreements.#Covered by master netting agreement. (Note 1)##Any over-collateralization of total financial and derivative net assets is not shown. Collateral may include amounts related tounsettled agreements.Deutsche Bank AGGoldman SachsInternationalJPMorgan Chase BankN.A.Morgan Stanley & co.International PLCUBS AGTotal54 <strong>Voyager</strong> <strong>Fund</strong> <strong>Voyager</strong> <strong>Fund</strong>55
Federal tax information (Unaudited)Pursuant to §852 of the Internal Revenue Code, as amended, the fund hereby designates$314,142,095 as a capital gain dividend with respect to the taxable year ended July 31, 2014, or, ifsubsequently determined to be different, the net capital gain of such year.The fund designated 12.76% of ordinary income distributions as qualifying for the dividendsreceived deduction for corporations.For the reporting period, the fund hereby designates 14.88%, or the maximum amount allowable,of its taxable ordinary income distributions as qualified dividends taxed at the individual netcapital gain rates.For the reporting period, pursuant to §871(k) of the Internal Revenue Code, the fund hereby designates$35,896 of distributions paid as qualifying to be taxed as interest-related dividends, and noamount to be taxed as short-term capital gain dividends for nonresident alien shareholders.The Form 1099 that will be mailed to you in January 2015 will show the tax status of all distributionspaid to your account in calendar 2014.56 <strong>Voyager</strong> <strong>Fund</strong>