Joseph R. Baxter has taken on additional portfolio management responsibilities at Delaware Investments, the investment firm announced Monday.

Baxter joined Delaware in 1999 as a vice president and portfolio manager. A company spokesman declined to comment on the funds managed by Baxter prior to Monday's announcement.

Baxter has joined Andrew M. McCullagh as co-manager of the Arizona Municipal Income Fund and the Colorado Insured Municipal Fund. Baxter was also added to the management team of Delaware's Florida Insured Municipal Income Fund and three of the firm's Minnesota Municipal Income funds to fill a vacancy left by the departure of M.L. Conery.

Delaware had $201 billion in assets under management as of December 31, 2003. 

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