OCTOBER 15, 1995
DELAWARE GROUP DELCHESTER HIGH-YIELD BOND FUND, INC.
(September 29, 1994)
DELAWARE GROUP GOVERNMENT FUND, INC.
(September 29, 1994)
DELAWARE GROUP DELCAP FUND, INC.
(November 29, 1994)
DELAWARE GROUP DELAWARE FUND, INC.
Delaware Fund
Devon Fund
(December 30, 1994)
DELAWARE GROUP DECATUR FUND, INC.
Decatur Income Fund
(January 30, 1995)
Decatur Total Return Fund
(January 30, 1995)
DELAWARE GROUP VALUE FUND, INC.
(January 30, 1995)
DELAWARE GROUP GLOBAL AND INTERNATIONAL FUNDS, INC.
International Equity Series
Global Bond Series
Global Assets Series
(March 10, 1995)
DELAWARE GROUP LIMITED-TERM GOVERNMENT FUNDS, INC.
Limited-Term Government Fund
(August 29, 1995)
Supplement to Prospectuses Dated as Noted Above
Participants in 401(k) Defined Contribution Plans ("Allied
Plans") which are made available under a joint venture agreement
between Delaware Distributors, L.P. ("the Distributor") and
another institution through which mutual funds are marketed and
which allow investments in Class A Shares of designated Delaware
Group funds ("eligible Delaware Group fund shares") as well as
shares of designated classes of non-Delaware Group funds
("eligible non-Delaware Group fund shares") are, with respect to
investments made under an Allied Plan, permitted the following
exchange privileges. These privileges do not limit the exchange
privileges to which those participants are otherwise entitled as
Fund shareholders. Such participants may exchange all or part of
their eligible Delaware Group fund shares for other eligible
Delaware Group fund shares or for eligible non-Delaware Group
fund shares at net asset value without payment of a front-end
sales charge. However, exchanges of eligible fund shares, both
Delaware Group and non-Delaware Group, which were not subject to
a front-end sales charge, will be subject to the applicable sales
charge if exchanged for eligible Delaware Group fund shares to
which a sales charge applies. (No sales charge will apply if the
eligible fund shares were previously acquired through the
exchange of eligible shares on which a sales charge was already
paid or through the reinvestment of dividends.)
Rights of Accumulation
With respect to purchases made in connection with an Allied Plan,
the value of eligible Delaware Group and eligible non-Delaware
Group fund shares held by a participant under the Allied Plan,
may be combined with the dollar amount of new purchases by that
participant to obtain a reduced front-end sales charge on
additional purchases of eligible Delaware Group fund shares, in
accordance with the terms of the Combined Purchases Privilege and
Reduced Front-End Sales Charges sections under the Prospectus
heading Buying Shares.
Dealer's Commission and Limited Contingent Deferred Sales Charge
("CDSC") for Certain Purchases of Eligible Delaware Group Fund
Shares
A dealer's commission may be payable on purchases of eligible
Delaware Group fund shares under an Allied Plan. In determining
a financial adviser's eligibility for a dealer's commission on
net asset value purchases of eligible Delaware Group shares, all
participant holdings in the Allied Plan will be aggregated. See
Reduced Front End Sales Charges under the section titled Buying
Shares in the Prospectus.
A limited CDSC of 1% applies to redemptions of net asset value
purchases from an Allied Plan on which a dealer's commission has
been paid, as described in the Prospectus section Contingent
Deferred Sales Charges for Purchases of Class A Shares. Waivers
of this limited CDSC noted in the Prospectus apply to redemptions
by participants in Allied Plans, except in the case of exchanges
between eligible Delaware Group and non-Delaware Group fund
shares. When eligible Delaware Group shares are exchanged into
eligible non-Delaware Group fund shares, Delaware will impose the
limited CDSC at the time of the exchange, unless the joint
venture agreement specifies that the amount of the CDSC will be
paid by the financial adviser or selling dealer. See Contingent
Deferred Sales Charges for Certain Purchases of Class A Shares
made at Net Asset Value under the Redemption and Exchange section
in the Prospectus.
