<PAGE> PAGE 1
000 B000000 11/30/96
000 C000000 0000027574
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 DELAWARE GROUP DECATUR FUND, INC.
001 B000000 811-750
001 C000000 2152552926
002 A000000 2005 MARKET STREET
002 B000000 PHILADELPHIA
002 C000000 PA
002 D010000 19103
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 DECATUR INCOME FUND
007 C030100 N
007 C010200 2
007 C020200 DECATUR TOTAL RETURN FUND
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
015 A00AA01 BANKERS TRUST COMPANY
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10005
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 54
019 C00AA00 DELAWARECX
020 A000001 MERRILL LYNCH PIERCE, FENNER & SMITH, INC.
020 B000001 13-5674085
020 C000001 315
020 A000002 FSC SECURITIES CORPORATION
020 B000002 58-1288674
<PAGE> PAGE 2
020 C000002 300
020 A000003 BEAR, STEARNS & CO., INC.
020 B000003 13-3299429
020 C000003 265
020 A000004 AMI VEST CORPORATION
020 B000004 13-2627724
020 C000004 260
020 A000005 MORGAN STANLEY & CO., INC.
020 B000005 13-2655998
020 C000005 197
020 A000006 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000006 13-2741729
020 C000006 183
020 A000007 ALPHA MANAGEMENT, INC.
020 B000007 94-3105302
020 C000007 182
020 A000008 CS FIRST BOSTON
020 B000008 13-5659485
020 C000008 170
020 A000009 SALOMON BROTHERS, INC.
020 B000009 13-3082694
020 C000009 168
020 A000010 LEHMAN BROTHERS, INC.
020 B000010 13-2518466
020 C000010 165
021 000000 5530
022 A000001 SALOMON BROTHERS, INC.
022 B000001 13-3082694
022 C000001 23699
022 D000001 40572
022 A000002 DONALDSON, LUFKIN & JENRETTE SECURITIES, CORP
022 B000002 13-2741729
022 C000002 20353
022 D000002 4226
022 A000003 BEAR, STEARNS & CO., INC.
022 B000003 13-3299429
022 C000003 16892
022 D000003 7233
022 A000004 MERRILL, LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000004 13-5674085
022 C000004 8310
022 D000004 7443
022 A000005 CHASE SECURITIES, INC.
022 B000005 13-3112953
022 C000005 9844
022 D000005 2589
022 A000006 MORGAN STANLEY & CO., INC.
022 B000006 13-2655998
022 C000006 5026
022 D000006 6983
022 A000007 CS FIRST BOSTON CORPORATION
<PAGE> PAGE 3
022 B000007 13-5659485
022 C000007 8199
022 D000007 3056
022 A000008 JEFFRIES & CO., INC.
022 B000008 95-2622900
022 C000008 7519
022 D000008 3464
022 A000009 NATIONS BANK
022 B000009 75-0520130
022 C000009 7553
022 D000009 3182
022 A000010 ROBERTSON, STEPHENS & CO., L.P.
022 B000010 94-2524501
022 C000010 10027
022 D000010 0
023 C000000 167221
023 D000000 142000
024 00AA00 N
027 000000 Y
077 A000000 Y
077 B000000 Y
077 Q010000 Y
080 A00AA00 ICI MUTUAL INSURANCE COMPANY, INC.
080 B00AA00 GULF INSURANCE COMPANY
080 C00AA00 40000
081 A00AA00 Y
081 B00AA00 67
082 A00AA00 Y
082 B00AA00 50
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
028 A010100 11260
028 A020100 4337
028 A030100 0
028 A040100 17245
028 B010100 16723
028 B020100 4326
028 B030100 0
028 B040100 24386
028 C010100 17132
028 C020100 4351
028 C030100 0
028 C040100 13227
028 D010100 15099
028 D020100 4353
028 D030100 0
028 D040100 15192
<PAGE> PAGE 4
028 E010100 17583
028 E020100 4304
028 E030100 0
028 E040100 15758
028 F010100 17785
028 F020100 4381
028 F030100 0
028 F040100 15177
028 G010100 95582
028 G020100 26052
028 G030100 0
028 G040100 100985
028 H000100 32216
029 000100 Y
030 A000100 2178
030 B000100 4.75
030 C000100 0.00
031 A000100 364
031 B000100 0
032 000100 1814
033 000100 0
042 A000100 0
042 B000100 0
042 C000100 100
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 0
043 000100 2685
044 000100 0
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
070 A010100 Y
070 A020100 Y
<PAGE> PAGE 5
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 Y
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 1698015
071 B000100 1704626
071 C000100 1689394
071 D000100 101
072 A000100 12
072 B000100 19133
072 C000100 53923
072 D000100 0
072 E000100 0
072 F000100 8398
072 G000100 0
072 H000100 493
072 I000100 2238
072 J000100 18
072 K000100 179
072 L000100 113
072 M000100 29
<PAGE> PAGE 6
072 N000100 65
072 O000100 141
072 P000100 0
072 Q000100 0
072 R000100 22
072 S000100 51
072 T000100 2685
072 U000100 0
072 V000100 0
072 W000100 177
072 X000100 14609
072 Y000100 0
072 Z000100 58447
072AA000100 272148
072BB000100 27420
072CC010100 79098
072CC020100 0
072DD010100 52522
072DD020100 9185
072EE000100 113156
073 A010100 0.0000
073 A020100 0.0000
073 B000100 1.3400
073 C000100 0.0000
074 A000100 1123
074 B000100 34194
074 C000100 0
074 D000100 188402
074 E000100 33107
074 F000100 1664885
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 10105
074 K000100 0
074 L000100 11323
074 M000100 26
074 N000100 1943165
074 O000100 14771
074 P000100 268
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 2241
074 S000100 0
074 T000100 1925885
074 U010100 75798
074 U020100 14532
074 V010100 0.00
074 V020100 0.00
<PAGE> PAGE 7
074 W000100 0.0000
074 X000100 77497
074 Y000100 0
075 A000100 0
075 B000100 1718376
076 000100 0.00
028 A010200 12576
028 A020200 3
028 A030200 0
028 A040200 6688
028 B010200 15041
028 B020200 3071
028 B030200 0
028 B040200 10253
028 C010200 13308
028 C020200 0
028 C030200 0
028 C040200 8060
028 D010200 13148
028 D020200 163
028 D030200 0
028 D040200 8134
028 E010200 17849
028 E020200 2984
028 E030200 0
028 E040200 11469
028 F010200 29919
028 F020200 -68
028 F030200 0
028 F040200 9577
028 G010200 101841
028 G020200 6153
028 G030200 0
028 G040200 54181
028 H000200 27770
029 000200 Y
030 A000200 1749
030 B000200 4.75
030 C000200 0.00
031 A000200 292
031 B000200 0
032 000200 1457
033 000200 0
042 A000200 0
042 B000200 0
042 C000200 100
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 0
<PAGE> PAGE 8
043 000200 2089
044 000200 0
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 Y
070 O010200 Y
070 O020200 N
070 P010200 Y
<PAGE> PAGE 9
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 628564
071 B000200 546485
071 C000200 628782
071 D000200 87
072 A000200 12
072 B000200 677
072 C000200 20818
072 D000200 0
072 E000200 0
072 F000200 3802
072 G000200 0
072 H000200 185
072 I000200 975
072 J000200 20
072 K000200 75
072 L000200 68
072 M000200 20
072 N000200 45
072 O000200 34
072 P000200 0
072 Q000200 0
072 R000200 23
072 S000200 22
072 T000200 2089
072 U000200 0
072 V000200 0
072 W000200 77
072 X000200 7435
072 Y000200 0
072 Z000200 14060
072AA000200 90505
072BB000200 8075
072CC010200 50906
072CC020200 0
072DD010200 12795
072DD020200 960
072EE000200 46400
073 A010200 0.0000
073 A020200 0.0000
073 B000200 1.2900
073 C000200 0.0000
074 A000200 0
074 B000200 16328
074 C000200 0
074 D000200 0
074 E000200 4866
<PAGE> PAGE 10
074 F000200 755971
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 4439
074 K000200 0
074 L000200 3456
074 M000200 3
074 N000200 785063
074 O000200 6417
074 P000200 216
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 502
074 S000200 0
074 T000200 777928
074 U010200 38293
074 U020200 6113
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 40437
074 Y000200 0
075 A000200 0
075 B000200 642763
076 000200 0.00
SIGNATURE ROSEMARY E. MILNER
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP DECATUR FUND, INC.
<SERIES>
<NUMBER> 011
<NAME> DECATUR INCOME FUND A CLASS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 1,649,725,408
<INVESTMENTS-AT-VALUE> 1,920,587,775
<RECEIVABLES> 21,428,243
<ASSETS-OTHER> 26,104
<OTHER-ITEMS-ASSETS> 1,123,286
<TOTAL-ASSETS> 1,943,165,408
<PAYABLE-FOR-SECURITIES> 14,771,481
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,509,259
<TOTAL-LIABILITIES> 17,280,740
<SENIOR-EQUITY> 90,330,046
<PAID-IN-CAPITAL-COMMON> 1,324,375,480
<SHARES-COMMON-STOCK> 75,797,541
<SHARES-COMMON-PRIOR> 72,488,322
<ACCUMULATED-NII-CURRENT> 480,076
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 239,836,699
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 270,862,367
<NET-ASSETS> 1,616,314,641
<DIVIDEND-INCOME> 53,922,649
<INTEREST-INCOME> 19,132,902
<OTHER-INCOME> 0
<EXPENSES-NET> 14,608,969
<NET-INVESTMENT-INCOME> 58,446,582
<REALIZED-GAINS-CURRENT> 244,728,187
<APPREC-INCREASE-CURRENT> 79,097,926
<NET-CHANGE-FROM-OPS> 382,272,695
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 52,522,453
<DISTRIBUTIONS-OF-GAINS> 96,771,467
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,444,653
<NUMBER-OF-SHARES-REDEEMED> 8,247,706
<SHARES-REINVESTED> 7,112,272
<NET-CHANGE-IN-ASSETS> 312,113,075
<ACCUMULATED-NII-PRIOR> 3,740,547
<ACCUMULATED-GAINS-PRIOR> 108,264,711
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,397,639
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 14,608,969
<AVERAGE-NET-ASSETS> 1,463,524,017
<PER-SHARE-NAV-BEGIN> 19.070
<PER-SHARE-NII> 0.65
<PER-SHARE-GAIN-APPREC> 3.63
<PER-SHARE-DIVIDEND> 0.69
<PER-SHARE-DISTRIBUTIONS> 1.34
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.32
<EXPENSE-RATIO> 0.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP DECATUR FUND, INC.
<SERIES>
<NUMBER> 012
<NAME> DECATUR INCOME FUND B CLASS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 1,649,725,408
<INVESTMENTS-AT-VALUE> 1,920,587,775
<RECEIVABLES> 21,428,243
<ASSETS-OTHER> 26,104
<OTHER-ITEMS-ASSETS> 1,123,286
<TOTAL-ASSETS> 1,943,165,408
<PAYABLE-FOR-SECURITIES> 14,771,481
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,509,259
<TOTAL-LIABILITIES> 17,280,740
<SENIOR-EQUITY> 90,330,046
<PAID-IN-CAPITAL-COMMON> 1,324,375,480
<SHARES-COMMON-STOCK> 2,855,222
<SHARES-COMMON-PRIOR> 1,033,579
<ACCUMULATED-NII-CURRENT> 480,076
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 239,836,699
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 270,862,367
<NET-ASSETS> 60,689,085
<DIVIDEND-INCOME> 53,922,649
<INTEREST-INCOME> 19,132,902
<OTHER-INCOME> 0
<EXPENSES-NET> 14,608,969
<NET-INVESTMENT-INCOME> 58,446,582
<REALIZED-GAINS-CURRENT> 244,728,187
<APPREC-INCREASE-CURRENT> 79,097,926
<NET-CHANGE-FROM-OPS> 382,272,695
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,060,507
<DISTRIBUTIONS-OF-GAINS> 1,466,813
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,879,641
<NUMBER-OF-SHARES-REDEEMED> 172,677
<SHARES-REINVESTED> 114,679
<NET-CHANGE-IN-ASSETS> 312,113,075
<ACCUMULATED-NII-PRIOR> 3,740,547
<ACCUMULATED-GAINS-PRIOR> 108,264,711
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,397,639
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 14,608,969
<AVERAGE-NET-ASSETS> 36,635,802
<PER-SHARE-NAV-BEGIN> 19.030
<PER-SHARE-NII> 0.50
<PER-SHARE-GAIN-APPREC> 3.61
<PER-SHARE-DIVIDEND> 0.54
<PER-SHARE-DISTRIBUTIONS> 1.34
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.26
<EXPENSE-RATIO> 1.69
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP DECATUR FUND, INC.
<SERIES>
<NUMBER> 013
<NAME> DECATUR INCOME FUND C CLASS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 1,649,725,408
<INVESTMENTS-AT-VALUE> 1,920,587,775
<RECEIVABLES> 21,428,243
<ASSETS-OTHER> 26,104
<OTHER-ITEMS-ASSETS> 1,123,286
<TOTAL-ASSETS> 1,943,165,408
<PAYABLE-FOR-SECURITIES> 14,771,481
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,509,259
<TOTAL-LIABILITIES> 17,280,740
<SENIOR-EQUITY> 90,330,046
<PAID-IN-CAPITAL-COMMON> 1,324,375,480
<SHARES-COMMON-STOCK> 226,637
<SHARES-COMMON-PRIOR> 263
<ACCUMULATED-NII-CURRENT> 480,076
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 239,836,699
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 270,862,367
<NET-ASSETS> 4,833,437
<DIVIDEND-INCOME> 53,922,649
<INTEREST-INCOME> 19,132,902
<OTHER-INCOME> 0
<EXPENSES-NET> 14,608,969
<NET-INVESTMENT-INCOME> 58,446,582
<REALIZED-GAINS-CURRENT> 244,728,187
<APPREC-INCREASE-CURRENT> 79,097,926
<NET-CHANGE-FROM-OPS> 382,272,695
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 51,387
<DISTRIBUTIONS-OF-GAINS> 4,214
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 251,293
<NUMBER-OF-SHARES-REDEEMED> 27,179
<SHARES-REINVESTED> 2,260
<NET-CHANGE-IN-ASSETS> 312,113,075
<ACCUMULATED-NII-PRIOR> 3,740,547
<ACCUMULATED-GAINS-PRIOR> 108,264,711
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,397,639
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 14,608,969
<AVERAGE-NET-ASSETS> 1,674,929
<PER-SHARE-NAV-BEGIN> 19.080
<PER-SHARE-NII> 0.51
<PER-SHARE-GAIN-APPREC> 3.63
<PER-SHARE-DIVIDEND> 0.55
<PER-SHARE-DISTRIBUTIONS> 1.34
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.33
<EXPENSE-RATIO> 1.69
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP DECATUR FUND, INC.
<SERIES>
<NUMBER> 014
<NAME> DECATUR INCOME FUND INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 1,649,725,408
<INVESTMENTS-AT-VALUE> 1,920,587,775
<RECEIVABLES> 21,428,243
<ASSETS-OTHER> 26,104
<OTHER-ITEMS-ASSETS> 1,123,286
<TOTAL-ASSETS> 1,943,165,408
<PAYABLE-FOR-SECURITIES> 14,771,481
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,509,259
<TOTAL-LIABILITIES> 17,280,740
<SENIOR-EQUITY> 90,330,046
<PAID-IN-CAPITAL-COMMON> 1,324,375,480
<SHARES-COMMON-STOCK> 11,450,646
<SHARES-COMMON-PRIOR> 11,091,788
<ACCUMULATED-NII-CURRENT> 480,076
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 239,836,699
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 270,862,367
<NET-ASSETS> 244,047,505
<DIVIDEND-INCOME> 53,922,649
<INTEREST-INCOME> 19,132,902
<OTHER-INCOME> 0
<EXPENSES-NET> 14,608,969
<NET-INVESTMENT-INCOME> 58,446,582
<REALIZED-GAINS-CURRENT> 244,728,187
<APPREC-INCREASE-CURRENT> 79,097,926
<NET-CHANGE-FROM-OPS> 382,272,695
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 8,072,706
<DISTRIBUTIONS-OF-GAINS> 14,913,705
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,114,417
<NUMBER-OF-SHARES-REDEEMED> 2,978,039
<SHARES-REINVESTED> 1,222,480
<NET-CHANGE-IN-ASSETS> 312,113,075
<ACCUMULATED-NII-PRIOR> 3,740,547
<ACCUMULATED-GAINS-PRIOR> 108,264,711
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,397,639
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 14,608,969
<AVERAGE-NET-ASSETS> 216,541,695
<PER-SHARE-NAV-BEGIN> 19.060
<PER-SHARE-NII> 0.69
<PER-SHARE-GAIN-APPREC> 3.62
<PER-SHARE-DIVIDEND> 0.72
<PER-SHARE-DISTRIBUTIONS> 1.34
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 21.31
<EXPENSE-RATIO> 0.69
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP DECATUR FUND, INC.
<SERIES>
<NUMBER> 021
<NAME> DECATUR TOTAL RETURN FUND A CLASS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 649,607,369
<INVESTMENTS-AT-VALUE> 777,165,047
<RECEIVABLES> 7,896,618
<ASSETS-OTHER> 36,773
<OTHER-ITEMS-ASSETS> 3,025
<TOTAL-ASSETS> 785,101,463
<PAYABLE-FOR-SECURITIES> 6,417,258
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 755,904
<TOTAL-LIABILITIES> 7,173,162
<SENIOR-EQUITY> 44,406,530
<PAID-IN-CAPITAL-COMMON> 520,199,138
<SHARES-COMMON-STOCK> 38,293,331
<SHARES-COMMON-PRIOR> 34,229,185
<ACCUMULATED-NII-CURRENT> 3,767,293
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 81,997,658
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 127,557,680
<NET-ASSETS> 670,912,437
<DIVIDEND-INCOME> 20,818,504
<INTEREST-INCOME> 676,670
<OTHER-INCOME> 0
<EXPENSES-NET> 7,434,787
<NET-INVESTMENT-INCOME> 14,060,387
<REALIZED-GAINS-CURRENT> 82,430,018
<APPREC-INCREASE-CURRENT> 50,905,768
<NET-CHANGE-FROM-OPS> 147,396,173
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 12,795,454
<DISTRIBUTIONS-OF-GAINS> 44,125,949
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7,556,314
<NUMBER-OF-SHARES-REDEEMED> 7,166,570
<SHARES-REINVESTED> 3,674,402
<NET-CHANGE-IN-ASSETS> 217,316,695
<ACCUMULATED-NII-PRIOR> 3,344,456
<ACCUMULATED-GAINS-PRIOR> 47,667,550
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,801,697
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,434,787
<AVERAGE-NET-ASSETS> 585,274,351
<PER-SHARE-NAV-BEGIN> 15.61
<PER-SHARE-NII> 0.35
<PER-SHARE-GAIN-APPREC> 3.20
<PER-SHARE-DIVIDEND> 0.35
<PER-SHARE-DISTRIBUTIONS> 1.29
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.52
<EXPENSE-RATIO> 1.13
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP DECATUR FUND, INC.
<SERIES>
<NUMBER> 022
<NAME> DECATUR TOTAL RETURN FUND B CLASS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 649,607,369
<INVESTMENTS-AT-VALUE> 777,165,047
<RECEIVABLES> 7,896,618
<ASSETS-OTHER> 36,773
<OTHER-ITEMS-ASSETS> 3,025
<TOTAL-ASSETS> 785,101,463
<PAYABLE-FOR-SECURITIES> 6,417,258
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 755,904
<TOTAL-LIABILITIES> 7,173,162
<SENIOR-EQUITY> 44,406,530
<PAID-IN-CAPITAL-COMMON> 520,199,138
<SHARES-COMMON-STOCK> 3,061,684
<SHARES-COMMON-PRIOR> 947,553
<ACCUMULATED-NII-CURRENT> 3,767,293
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 81,997,658
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 127,557,680
<NET-ASSETS> 53,467,292
<DIVIDEND-INCOME> 20,818,504
<INTEREST-INCOME> 676,670
<OTHER-INCOME> 0
<EXPENSES-NET> 7,434,787
<NET-INVESTMENT-INCOME> 14,060,387
<REALIZED-GAINS-CURRENT> 82,430,018
<APPREC-INCREASE-CURRENT> 50,905,768
<NET-CHANGE-FROM-OPS> 147,396,173
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 433,825
<DISTRIBUTIONS-OF-GAINS> 1,305,455
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,178,072
<NUMBER-OF-SHARES-REDEEMED> 174,170
<SHARES-REINVESTED> 110,229
<NET-CHANGE-IN-ASSETS> 217,316,695
<ACCUMULATED-NII-PRIOR> 3,344,456
<ACCUMULATED-GAINS-PRIOR> 47,667,550
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,801,697
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,434,787
<AVERAGE-NET-ASSETS> 29,841,192
<PER-SHARE-NAV-BEGIN> 15.56
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> 3.19
<PER-SHARE-DIVIDEND> 0.24
<PER-SHARE-DISTRIBUTIONS> 1.29
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.46
<EXPENSE-RATIO> 1.81
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP DECATUR FUND, INC.
<SERIES>
<NUMBER> 023
<NAME> DECATUR TOTAL RETURN FUND C CLASS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 649,607,369
<INVESTMENTS-AT-VALUE> 777,165,047
<RECEIVABLES> 7,896,618
<ASSETS-OTHER> 36,773
<OTHER-ITEMS-ASSETS> 3,025
<TOTAL-ASSETS> 785,101,463
<PAYABLE-FOR-SECURITIES> 6,417,258
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 755,904
<TOTAL-LIABILITIES> 7,173,162
<SENIOR-EQUITY> 44,406,530
<PAID-IN-CAPITAL-COMMON> 520,199,138
<SHARES-COMMON-STOCK> 435,461
<SHARES-COMMON-PRIOR> 322
<ACCUMULATED-NII-CURRENT> 3,767,293
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 81,997,658
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 127,557,680
<NET-ASSETS> 7,590,607
<DIVIDEND-INCOME> 20,818,504
<INTEREST-INCOME> 676,670
<OTHER-INCOME> 0
<EXPENSES-NET> 7,434,787
<NET-INVESTMENT-INCOME> 14,060,387
<REALIZED-GAINS-CURRENT> 82,430,018
<APPREC-INCREASE-CURRENT> 50,905,768
<NET-CHANGE-FROM-OPS> 147,396,173
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 40,493
<DISTRIBUTIONS-OF-GAINS> 14,393
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 441,779
<NUMBER-OF-SHARES-REDEEMED> 9,857
<SHARES-REINVESTED> 3,217
<NET-CHANGE-IN-ASSETS> 217,316,695
<ACCUMULATED-NII-PRIOR> 3,344,456
<ACCUMULATED-GAINS-PRIOR> 47,667,550
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,801,697
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,434,787
<AVERAGE-NET-ASSETS> 2,970,785
<PER-SHARE-NAV-BEGIN> 15.61
<PER-SHARE-NII> 0.24
<PER-SHARE-GAIN-APPREC> 3.19
<PER-SHARE-DIVIDEND> 0.32
<PER-SHARE-DISTRIBUTIONS> 1.29
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.43
<EXPENSE-RATIO> 1.81
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP DECATUR FUND, INC.
<SERIES>
<NUMBER> 024
<NAME> DECATUR TOTAL RETURN FUND INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> NOV-30-1996
<PERIOD-END> NOV-30-1996
<INVESTMENTS-AT-COST> 649,607,369
<INVESTMENTS-AT-VALUE> 777,165,047
<RECEIVABLES> 7,896,618
<ASSETS-OTHER> 36,773
<OTHER-ITEMS-ASSETS> 3,025
<TOTAL-ASSETS> 785,101,463
<PAYABLE-FOR-SECURITIES> 6,417,258
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 755,904
<TOTAL-LIABILITIES> 7,173,162
<SENIOR-EQUITY> 44,406,530
<PAID-IN-CAPITAL-COMMON> 520,199,138
<SHARES-COMMON-STOCK> 2,616,053
<SHARES-COMMON-PRIOR> 736,281
<ACCUMULATED-NII-CURRENT> 3,767,293
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 81,997,658
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 127,557,680
<NET-ASSETS> 45,957,963
<DIVIDEND-INCOME> 20,818,504
<INTEREST-INCOME> 676,670
<OTHER-INCOME> 0
<EXPENSES-NET> 7,434,787
<NET-INVESTMENT-INCOME> 14,060,387
<REALIZED-GAINS-CURRENT> 82,430,018
<APPREC-INCREASE-CURRENT> 50,905,768
<NET-CHANGE-FROM-OPS> 147,396,173
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 486,096
<DISTRIBUTIONS-OF-GAINS> 953,579
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,969,432
<NUMBER-OF-SHARES-REDEEMED> 186,654
<SHARES-REINVESTED> 96,994
<NET-CHANGE-IN-ASSETS> 217,316,695
<ACCUMULATED-NII-PRIOR> 3,344,456
<ACCUMULATED-GAINS-PRIOR> 47,667,550
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,801,697
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,434,787
<AVERAGE-NET-ASSETS> 24,676,382
<PER-SHARE-NAV-BEGIN> 15.65
<PER-SHARE-NII> 0.39
<PER-SHARE-GAIN-APPREC> 3.21
<PER-SHARE-DIVIDEND> 0.39
<PER-SHARE-DISTRIBUTIONS> 1.29
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.57
<EXPENSE-RATIO> 0.81
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
Report of Independent Auditors
To the Shareholders and Board of Directors
Delaware Group Decatur Fund, Inc.
In planning and performing our audit of the financial statements
of Delaware Group Decatur Fund, Inc. (comprising, respectively,
the Decatur Income Fund and the Decatur Total Return Fund) (the
"Fund") for the year ended November 30, 1996, we considered its
internal control structure, including procedures for safeguarding
securities, in order to determine our auditing procedures for the
purpose of expressing our opinion on the financial statements and
to comply with the requirements of Form N-SAR, not to provide
assurance on the internal control structure.
The management of the Fund is responsible for establishing and
maintaining an internal control structure. In fulfilling this
responsibility, estimates and judgments by management are
required to assess the expected benefits and related costs of
internal control structure policies and procedures. Two of the
objectives of an internal control structure are to provide
management with reasonable, but not absolute, assurance that
assets are safeguarded against loss from unauthorized use or
disposition and that transactions are executed in accordance with
management's authorization and recorded properly to permit
preparation of financial statements in conformity with generally
accepted accounting principles.
Because of inherent limitations in any internal control
structure, errors or irregularities may occur and not be
detected. Also, projection of any evaluation of the structure to
future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the
effectiveness of the design and operation may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control
structure that might be material weaknesses under standards
established by the American Institute of Certified Public
Accountants. A material weakness is a condition in which the
design or operation of the specific internal control structure
elements does not reduce to a relatively low level the risk that
errors or irregularities in amounts that would be material in
relation to the financial statements being audited may occur and
not be detected within a timely period by employees in the normal
course of performing their assigned functions. However, we noted
no matters involving the internal control structure, including
procedures for safeguarding securities, that we consider to be
material weaknesses as defined above as of November 30, 1996.
This report is intended solely for the information and use of
management and the Securities and Exchange Commission.
January 6, 1997