DELAWARE GROUP EQUITY FUNDS II INC
NSAR-B, 2000-01-27
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SIGNATURE   KENNETH E. CROCKETT, SR.
TITLE       BLUE SKY ADMIN



<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 011
   <NAME> DECATUR EQUITY INCOME FUND A CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                    1,844,259,865
<INVESTMENTS-AT-VALUE>                   1,910,704,322
<RECEIVABLES>                               11,862,870
<ASSETS-OTHER>                                (20,299)
<OTHER-ITEMS-ASSETS>                            24,474
<TOTAL-ASSETS>                           1,922,571,367
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,257,734
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<EXPENSE-RATIO>                                  1.030



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 012
   <NAME> DECATUR EQUITY INCOME FUND B CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                    1,844,259,865
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<RECEIVABLES>                               11,862,870
<ASSETS-OTHER>                                (20,299)
<OTHER-ITEMS-ASSETS>                            24,474
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<SENIOR-LONG-TERM-DEBT>                              0
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<SENIOR-EQUITY>                              1,116,011
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 013
   <NAME> DECATUR EQUITY INCOME FUND C CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                    1,844,259,865
<INVESTMENTS-AT-VALUE>                   1,910,704,322
<RECEIVABLES>                               11,862,870
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<OTHER-ITEMS-ASSETS>                            24,474
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<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                          3,904,116
<SENIOR-EQUITY>                              1,116,011
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<SHARES-COMMON-PRIOR>                        1,298,635
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<OVERDISTRIBUTION-GAINS>                             0
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<INTEREST-INCOME>                           34,318,928
<OTHER-INCOME>                                       0
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<NET-INVESTMENT-INCOME>                     56,660,817
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<APPREC-INCREASE-CURRENT>                (143,194,415)
<NET-CHANGE-FROM-OPS>                     (37,060,268)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      475,045
<DISTRIBUTIONS-OF-GAINS>                     3,465,186
<DISTRIBUTIONS-OTHER>                                0
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<ACCUMULATED-NII-PRIOR>                      4,273,473
<ACCUMULATED-GAINS-PRIOR>                   31,475,005
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       12,266,738
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             24,250,193
<AVERAGE-NET-ASSETS>                        22,820,268
<PER-SHARE-NAV-BEGIN>                           21.420
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<PER-SHARE-NAV-END>                             17.220
<EXPENSE-RATIO>                                  1.810



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 014
   <NAME> DECATUR EQUITY INCOME FUND INSTITUTIONAL CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                    1,844,259,865
<INVESTMENTS-AT-VALUE>                   1,910,704,322
<RECEIVABLES>                               11,862,870
<ASSETS-OTHER>                                (20,299)
<OTHER-ITEMS-ASSETS>                            24,474
<TOTAL-ASSETS>                           1,922,571,367
<PAYABLE-FOR-SECURITIES>                       646,382
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    3,257,734
<TOTAL-LIABILITIES>                          3,904,116
<SENIOR-EQUITY>                              1,116,011
<PAID-IN-CAPITAL-COMMON>                 1,802,121,563
<SHARES-COMMON-STOCK>                        5,182,614
<SHARES-COMMON-PRIOR>                       12,142,656
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<ACCUMULATED-NET-GAINS>                     45,894,746
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                89,128,137
<DIVIDEND-INCOME>                           46,488,094
<INTEREST-INCOME>                           34,318,928
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              24,146,205
<NET-INVESTMENT-INCOME>                     56,660,817
<REALIZED-GAINS-CURRENT>                    49,473,330
<APPREC-INCREASE-CURRENT>                (143,194,415)
<NET-CHANGE-FROM-OPS>                     (37,060,268)
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<DISTRIBUTIONS-OF-INCOME>                    5,683,913
<DISTRIBUTIONS-OF-GAINS>                    36,564,567
<DISTRIBUTIONS-OTHER>                                0
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<NUMBER-OF-SHARES-REDEEMED>                201,670,952
<SHARES-REINVESTED>                         42,224,197
<NET-CHANGE-IN-ASSETS>                   (486,820,045)
<ACCUMULATED-NII-PRIOR>                      4,273,473
<ACCUMULATED-GAINS-PRIOR>                   31,475,005
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                       12,266,738
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<AVERAGE-NET-ASSETS>                       179,231,932
<PER-SHARE-NAV-BEGIN>                           21.400
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<PER-SHARE-NAV-END>                             17.200
<EXPENSE-RATIO>                                  0.810



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 021
   <NAME> DELAWARE GROWTH AND INCOME FUND A CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                    1,173,940,996
<INVESTMENTS-AT-VALUE>                   1,240,052,867
<RECEIVABLES>                               11,202,667
<ASSETS-OTHER>                                   3,025
<OTHER-ITEMS-ASSETS>                           840,657
<TOTAL-ASSETS>                           1,252,099,216
<PAYABLE-FOR-SECURITIES>                       494,292
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,259,265
<TOTAL-LIABILITIES>                          4,753,557
<SENIOR-EQUITY>                                763,325
<PAID-IN-CAPITAL-COMMON>                 1,122,075,049
<SHARES-COMMON-STOCK>                       53,296,711
<SHARES-COMMON-PRIOR>                       52,654,330
<ACCUMULATED-NII-CURRENT>                    4,853,213
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     53,542,201
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    66,111,871
<NET-ASSETS>                               871,409,432
<DIVIDEND-INCOME>                           33,128,654
<INTEREST-INCOME>                            1,149,931
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              18,188,853
<NET-INVESTMENT-INCOME>                     16,089,732
<REALIZED-GAINS-CURRENT>                    54,074,540
<APPREC-INCREASE-CURRENT>                 (97,961,790)
<NET-CHANGE-FROM-OPS>                     (27,797,518)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   12,967,053
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<DISTRIBUTIONS-OTHER>                                0
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<ACCUMULATED-GAINS-PRIOR>                  158,957,258
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        8,188,088
<INTEREST-EXPENSE>                                   0
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<PER-SHARE-NAV-BEGIN>                           19.120
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<PER-SHARE-DISTRIBUTIONS>                        2.200
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             16.350
<EXPENSE-RATIO>                                  1.200



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 022
   <NAME> DELAWARE GROWTH AND INCOME FUND B CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
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<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                          4,753,557
<SENIOR-EQUITY>                                763,325
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                              18,188,853
<NET-INVESTMENT-INCOME>                     16,089,732
<REALIZED-GAINS-CURRENT>                    54,074,540
<APPREC-INCREASE-CURRENT>                 (97,961,790)
<NET-CHANGE-FROM-OPS>                     (27,797,518)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,605,468
<DISTRIBUTIONS-OF-GAINS>                    25,411,948
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      3,447,377
<NUMBER-OF-SHARES-REDEEMED>                 (3,343,966)
<SHARES-REINVESTED>                          1,541,065
<NET-CHANGE-IN-ASSETS>                   (138,943,936)
<ACCUMULATED-NII-PRIOR>                      5,693,936
<ACCUMULATED-GAINS-PRIOR>                  158,957,258
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        8,188,088
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             18,232,195
<AVERAGE-NET-ASSETS>                       226,912,081
<PER-SHARE-NAV-BEGIN>                           19.090
<PER-SHARE-NII>                                  0.100
<PER-SHARE-GAIN-APPREC>                         (0.560)
<PER-SHARE-DIVIDEND>                             0.130
<PER-SHARE-DISTRIBUTIONS>                        2.200
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             16.300
<EXPENSE-RATIO>                                  1.900



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 023
   <NAME> DELAWARE GROWTH AND INCOME FUND C CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                    1,173,940,996
<INVESTMENTS-AT-VALUE>                   1,240,052,867
<RECEIVABLES>                               11,202,667
<ASSETS-OTHER>                                   3,025
<OTHER-ITEMS-ASSETS>                           840,657
<TOTAL-ASSETS>                           1,252,099,216
<PAYABLE-FOR-SECURITIES>                       494,292
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,259,265
<TOTAL-LIABILITIES>                          4,753,557
<SENIOR-EQUITY>                                763,325
<PAID-IN-CAPITAL-COMMON>                 1,122,075,049
<SHARES-COMMON-STOCK>                        2,767,068
<SHARES-COMMON-PRIOR>                        2,555,153
<ACCUMULATED-NII-CURRENT>                    4,853,213
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     53,542,201
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    66,111,871
<NET-ASSETS>                                45,025,618
<DIVIDEND-INCOME>                           33,128,654
<INTEREST-INCOME>                            1,149,931
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              18,188,853
<NET-INVESTMENT-INCOME>                     16,089,732
<REALIZED-GAINS-CURRENT>                    54,074,540
<APPREC-INCREASE-CURRENT>                 (97,961,790)
<NET-CHANGE-FROM-OPS>                     (27,797,518)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      353,918
<DISTRIBUTIONS-OF-GAINS>                     5,698,352
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        961,557
<NUMBER-OF-SHARES-REDEEMED>                 (1,097,749)
<SHARES-REINVESTED>                            348,107
<NET-CHANGE-IN-ASSETS>                   (138,943,936)
<ACCUMULATED-NII-PRIOR>                      5,693,936
<ACCUMULATED-GAINS-PRIOR>                  158,957,258
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        8,188,088
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             18,232,195
<AVERAGE-NET-ASSETS>                        49,343,541
<PER-SHARE-NAV-BEGIN>                           19.050
<PER-SHARE-NII>                                  0.100
<PER-SHARE-GAIN-APPREC>                         (0.550)
<PER-SHARE-DIVIDEND>                             0.130
<PER-SHARE-DISTRIBUTIONS>                        2.200
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             16.270
<EXPENSE-RATIO>                                  1.900



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 024
   <NAME> DELAWARE GROWTH AND INCOME FUND INSTITUTIONAL CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                    1,173,940,996
<INVESTMENTS-AT-VALUE>                   1,240,052,867
<RECEIVABLES>                               11,202,667
<ASSETS-OTHER>                                   3,025
<OTHER-ITEMS-ASSETS>                           840,657
<TOTAL-ASSETS>                           1,252,099,216
<PAYABLE-FOR-SECURITIES>                       494,292
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    4,259,265
<TOTAL-LIABILITIES>                          4,753,557
<SENIOR-EQUITY>                                763,325
<PAID-IN-CAPITAL-COMMON>                 1,122,075,049
<SHARES-COMMON-STOCK>                        7,172,053
<SHARES-COMMON-PRIOR>                        5,868,855
<ACCUMULATED-NII-CURRENT>                    4,853,213
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     53,542,201
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    66,111,871
<NET-ASSETS>                               117,377,318
<DIVIDEND-INCOME>                           33,128,654
<INTEREST-INCOME>                            1,149,931
<OTHER-INCOME>                                       0
<EXPENSES-NET>                              18,188,853
<NET-INVESTMENT-INCOME>                     16,089,732
<REALIZED-GAINS-CURRENT>                    54,074,540
<APPREC-INCREASE-CURRENT>                 (97,961,790)
<NET-CHANGE-FROM-OPS>                     (27,797,518)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,003,568
<DISTRIBUTIONS-OF-GAINS>                    12,829,309
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,692,956
<NUMBER-OF-SHARES-REDEEMED>                 (2,208,817)
<SHARES-REINVESTED>                            882,059
<NET-CHANGE-IN-ASSETS>                   (138,943,936)
<ACCUMULATED-NII-PRIOR>                      5,693,936
<ACCUMULATED-GAINS-PRIOR>                  158,957,258
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        8,188,088
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                             18,232,195
<AVERAGE-NET-ASSETS>                       123,762,886
<PER-SHARE-NAV-BEGIN>                           19.150
<PER-SHARE-NII>                                  0.273
<PER-SHARE-GAIN-APPREC>                         (0.563)
<PER-SHARE-DIVIDEND>                             0.300
<PER-SHARE-DISTRIBUTIONS>                        2.200
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             16.360
<EXPENSE-RATIO>                                  0.900



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC
<SERIES>
   <NUMBER> 031
   <NAME> DELAWARE BLUE CHIP FUND A CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                       32,691,139
<INVESTMENTS-AT-VALUE>                      38,008,633
<RECEIVABLES>                                  469,719
<ASSETS-OTHER>                                     772
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              38,479,124
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       29,772
<TOTAL-LIABILITIES>                             29,772
<SENIOR-EQUITY>                              3,042,461
<PAID-IN-CAPITAL-COMMON>                    30,390,870
<SHARES-COMMON-STOCK>                        1,119,640
<SHARES-COMMON-PRIOR>                          682,131
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (301,473)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     5,317,494
<NET-ASSETS>                                14,257,288
<DIVIDEND-INCOME>                              295,308
<INTEREST-INCOME>                               68,112
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 489,298
<NET-INVESTMENT-INCOME>                      (125,878)
<REALIZED-GAINS-CURRENT>                      (68,264)
<APPREC-INCREASE-CURRENT>                    3,515,686
<NET-CHANGE-FROM-OPS>                        3,321,544
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       17,788
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        717,877
<NUMBER-OF-SHARES-REDEEMED>                    281,851
<SHARES-REINVESTED>                              1,483
<NET-CHANGE-IN-ASSETS>                      23,335,082
<ACCUMULATED-NII-PRIOR>                         20,627
<ACCUMULATED-GAINS-PRIOR>                    (233,209)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          166,399
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                607,186
<AVERAGE-NET-ASSETS>                        11,255,855
<PER-SHARE-NAV-BEGIN>                           10.970
<PER-SHARE-NII>                                (0.015)
<PER-SHARE-GAIN-APPREC>                          1.800
<PER-SHARE-DIVIDEND>                           (0.025)
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             12.730
<EXPENSE-RATIO>                                  1.540



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC
<SERIES>
   <NUMBER> 032
   <NAME> DELAWARE BLUE CHIP FUND B CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                       32,691,139
<INVESTMENTS-AT-VALUE>                      38,008,633
<RECEIVABLES>                                  469,719
<ASSETS-OTHER>                                     772
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              38,479,124
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       29,772
<TOTAL-LIABILITIES>                             29,772
<SENIOR-EQUITY>                              3,042,461
<PAID-IN-CAPITAL-COMMON>                    30,390,870
<SHARES-COMMON-STOCK>                        1,678,779
<SHARES-COMMON-PRIOR>                          494,094
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (301,473)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     5,317,494
<NET-ASSETS>                                21,114,813
<DIVIDEND-INCOME>                              295,308
<INTEREST-INCOME>                               68,112
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 489,298
<NET-INVESTMENT-INCOME>                      (125,878)
<REALIZED-GAINS-CURRENT>                      (68,264)
<APPREC-INCREASE-CURRENT>                    3,515,686
<NET-CHANGE-FROM-OPS>                        3,321,544
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,407,012
<NUMBER-OF-SHARES-REDEEMED>                    222,327
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      23,335,082
<ACCUMULATED-NII-PRIOR>                         20,627
<ACCUMULATED-GAINS-PRIOR>                    (233,209)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          166,399
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                607,186
<AVERAGE-NET-ASSETS>                        12,069,257
<PER-SHARE-NAV-BEGIN>                           10.880
<PER-SHARE-NII>                                (0.099)
<PER-SHARE-GAIN-APPREC>                          1.799
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             12.580
<EXPENSE-RATIO>                                  2.240



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC
<SERIES>
   <NUMBER> 033
   <NAME> DELAWARE BLUE CHIP FUND C CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                       32,691,139
<INVESTMENTS-AT-VALUE>                      38,008,633
<RECEIVABLES>                                  469,719
<ASSETS-OTHER>                                     772
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              38,479,124
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       29,772
<TOTAL-LIABILITIES>                             29,772
<SENIOR-EQUITY>                              3,042,461
<PAID-IN-CAPITAL-COMMON>                    30,390,870
<SHARES-COMMON-STOCK>                          204,942
<SHARES-COMMON-PRIOR>                          111,877
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (301,473)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     5,317,494
<NET-ASSETS>                                 2,578,060
<DIVIDEND-INCOME>                              295,308
<INTEREST-INCOME>                               68,112
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 489,298
<NET-INVESTMENT-INCOME>                      (125,878)
<REALIZED-GAINS-CURRENT>                      (68,264)
<APPREC-INCREASE-CURRENT>                    3,515,686
<NET-CHANGE-FROM-OPS>                        3,321,544
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        137,849
<NUMBER-OF-SHARES-REDEEMED>                     44,784
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      23,335,082
<ACCUMULATED-NII-PRIOR>                         20,627
<ACCUMULATED-GAINS-PRIOR>                    (233,209)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          166,399
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                607,186
<AVERAGE-NET-ASSETS>                         1,815,344
<PER-SHARE-NAV-BEGIN>                           10.880
<PER-SHARE-NII>                                (0.098)
<PER-SHARE-GAIN-APPREC>                          1.798
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             12.580
<EXPENSE-RATIO>                                  2.240



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC
<SERIES>
   <NUMBER> 034
   <NAME> DELAWARE BLUE CHIP FUND INSTITUTIONAL CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                       32,691,139
<INVESTMENTS-AT-VALUE>                      38,008,633
<RECEIVABLES>                                  469,719
<ASSETS-OTHER>                                     772
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              38,479,124
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       29,772
<TOTAL-LIABILITIES>                             29,772
<SENIOR-EQUITY>                              3,042,461
<PAID-IN-CAPITAL-COMMON>                    30,390,870
<SHARES-COMMON-STOCK>                           39,100
<SHARES-COMMON-PRIOR>                           94,737
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (301,473)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     5,317,494
<NET-ASSETS>                                   499,191
<DIVIDEND-INCOME>                              295,308
<INTEREST-INCOME>                               68,112
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 489,298
<NET-INVESTMENT-INCOME>                      (125,878)
<REALIZED-GAINS-CURRENT>                      (68,264)
<APPREC-INCREASE-CURRENT>                    3,515,686
<NET-CHANGE-FROM-OPS>                        3,321,544
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        5,697
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         56,172
<NUMBER-OF-SHARES-REDEEMED>                    112,310
<SHARES-REINVESTED>                                501
<NET-CHANGE-IN-ASSETS>                      23,335,082
<ACCUMULATED-NII-PRIOR>                         20,627
<ACCUMULATED-GAINS-PRIOR>                    (233,209)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          166,399
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                607,186
<AVERAGE-NET-ASSETS>                           485,225
<PER-SHARE-NAV-BEGIN>                           10.990
<PER-SHARE-NII>                                  0.022
<PER-SHARE-GAIN-APPREC>                          1.818
<PER-SHARE-DIVIDEND>                           (0.060)
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             12.770
<EXPENSE-RATIO>                                  1.240



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 041
   <NAME> DELAWARE SOCIAL AWARENESS FUND A CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                       81,720,192
<INVESTMENTS-AT-VALUE>                      97,060,938
<RECEIVABLES>                                  818,578
<ASSETS-OTHER>                                 133,315
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              98,012,831
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      564,870
<TOTAL-LIABILITIES>                            564,870
<SENIOR-EQUITY>                              7,573,100
<PAID-IN-CAPITAL-COMMON>                    73,454,127
<SHARES-COMMON-STOCK>                        3,563,312
<SHARES-COMMON-PRIOR>                        3,449,994
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,079,988
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    15,340,746
<NET-ASSETS>                                46,354,232
<DIVIDEND-INCOME>                              961,121
<INTEREST-INCOME>                              115,205
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,766,118
<NET-INVESTMENT-INCOME>                      (689,792)
<REALIZED-GAINS-CURRENT>                     2,314,794
<APPREC-INCREASE-CURRENT>                   10,745,101
<NET-CHANGE-FROM-OPS>                       12,370,103
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,181,319
<NUMBER-OF-SHARES-REDEEMED>                  1,068,001
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      19,355,832
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (1,234,806)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          706,897
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,911,861
<AVERAGE-NET-ASSETS>                        45,607,972
<PER-SHARE-NAV-BEGIN>                           11.260
<PER-SHARE-NII>                                (0.043)
<PER-SHARE-GAIN-APPREC>                          1.793
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             13.010
<EXPENSE-RATIO>                                  1.490



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 042
   <NAME> DELAWARE SOCIAL AWARENESS FUND B CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                       81,720,192
<INVESTMENTS-AT-VALUE>                      97,060,938
<RECEIVABLES>                                  818,578
<ASSETS-OTHER>                                 133,315
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              98,012,831
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      564,870
<TOTAL-LIABILITIES>                            564,870
<SENIOR-EQUITY>                              7,573,100
<PAID-IN-CAPITAL-COMMON>                    73,454,127
<SHARES-COMMON-STOCK>                        3,225,432
<SHARES-COMMON-PRIOR>                        2,714,183
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,079,988
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    15,340,746
<NET-ASSETS>                                41,091,279
<DIVIDEND-INCOME>                              961,121
<INTEREST-INCOME>                              115,205
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,766,118
<NET-INVESTMENT-INCOME>                      (689,792)
<REALIZED-GAINS-CURRENT>                     2,314,794
<APPREC-INCREASE-CURRENT>                   10,745,101
<NET-CHANGE-FROM-OPS>                       12,370,103
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,164,562
<NUMBER-OF-SHARES-REDEEMED>                    653,313
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      19,355,832
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (1,234,806)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          706,897
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,911,861
<AVERAGE-NET-ASSETS>                        38,484,700
<PER-SHARE-NAV-BEGIN>                           11.120
<PER-SHARE-NII>                                (0.133)
<PER-SHARE-GAIN-APPREC>                          1.753
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             12.740
<EXPENSE-RATIO>                                  2.240



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 043
   <NAME> DELAWARE SOCIAL AWARENESS FUND C CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                       81,720,192
<INVESTMENTS-AT-VALUE>                      97,060,938
<RECEIVABLES>                                  818,578
<ASSETS-OTHER>                                 133,315
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              98,012,831
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      564,870
<TOTAL-LIABILITIES>                            564,870
<SENIOR-EQUITY>                              7,573,100
<PAID-IN-CAPITAL-COMMON>                    73,454,127
<SHARES-COMMON-STOCK>                          759,225
<SHARES-COMMON-PRIOR>                          781,025
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,079,988
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    15,340,746
<NET-ASSETS>                                 9,673,371
<DIVIDEND-INCOME>                              961,121
<INTEREST-INCOME>                              115,205
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,766,118
<NET-INVESTMENT-INCOME>                      (689,792)
<REALIZED-GAINS-CURRENT>                     2,314,794
<APPREC-INCREASE-CURRENT>                   10,745,101
<NET-CHANGE-FROM-OPS>                       12,370,103
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        308,899
<NUMBER-OF-SHARES-REDEEMED>                    330,699
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      19,355,832
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (1,234,806)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          706,897
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,911,861
<AVERAGE-NET-ASSETS>                         9,839,343
<PER-SHARE-NAV-BEGIN>                           11.120
<PER-SHARE-NII>                                (0.133)
<PER-SHARE-GAIN-APPREC>                          1.753
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             12.740
<EXPENSE-RATIO>                                  2.240



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 044
   <NAME> DELAWARE SOCIAL AWARENESS FUND INSTITUTIONAL CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                       81,720,192
<INVESTMENTS-AT-VALUE>                      97,060,938
<RECEIVABLES>                                  818,578
<ASSETS-OTHER>                                 133,315
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              98,012,831
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      564,870
<TOTAL-LIABILITIES>                            564,870
<SENIOR-EQUITY>                              7,573,100
<PAID-IN-CAPITAL-COMMON>                    73,454,127
<SHARES-COMMON-STOCK>                           25,131
<SHARES-COMMON-PRIOR>                           33,482
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      1,079,988
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    15,340,746
<NET-ASSETS>                                   329,079
<DIVIDEND-INCOME>                              961,121
<INTEREST-INCOME>                              115,205
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               1,766,118
<NET-INVESTMENT-INCOME>                      (689,792)
<REALIZED-GAINS-CURRENT>                     2,314,794
<APPREC-INCREASE-CURRENT>                   10,745,101
<NET-CHANGE-FROM-OPS>                       12,370,103
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         24,716
<NUMBER-OF-SHARES-REDEEMED>                     33,067
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                      19,355,832
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  (1,234,806)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          706,897
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              1,911,861
<AVERAGE-NET-ASSETS>                           450,528
<PER-SHARE-NAV-BEGIN>                           11.310
<PER-SHARE-NII>                                (0.012)
<PER-SHARE-GAIN-APPREC>                          1.792
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             13.090
<EXPENSE-RATIO>                                  1.240



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 051
   <NAME> DELAWARE DIVERSIFIED VALUE FUND A CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                        5,069,507
<INVESTMENTS-AT-VALUE>                       5,143,312
<RECEIVABLES>                                   51,355
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            14,476
<TOTAL-ASSETS>                               5,209,143
<PAYABLE-FOR-SECURITIES>                        42,374
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       23,869
<TOTAL-LIABILITIES>                             66,243
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     4,711,988
<SHARES-COMMON-STOCK>                                1
<SHARES-COMMON-PRIOR>                                1
<ACCUMULATED-NII-CURRENT>                       29,189
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        327,918
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        73,805
<NET-ASSETS>                                        11
<DIVIDEND-INCOME>                               48,742
<INTEREST-INCOME>                                2,066
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  19,044
<NET-INVESTMENT-INCOME>                         31,764
<REALIZED-GAINS-CURRENT>                       327,920
<APPREC-INCREASE-CURRENT>                    (152,111)
<NET-CHANGE-FROM-OPS>                          207,573
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       2,899,073
<ACCUMULATED-NII-PRIOR>                          6,131
<ACCUMULATED-GAINS-PRIOR>                       11,763
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           16,073
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 31,696
<AVERAGE-NET-ASSETS>                                10
<PER-SHARE-NAV-BEGIN>                            0.000
<PER-SHARE-NII>                                  0.000
<PER-SHARE-GAIN-APPREC>                          0.000
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                              0.000
<EXPENSE-RATIO>                                  0.000


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 052
   <NAME> DELAWARE DIVERSIFIED VALUE FUND B CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                        5,069,507
<INVESTMENTS-AT-VALUE>                       5,143,312
<RECEIVABLES>                                   51,355
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            14,476
<TOTAL-ASSETS>                               5,209,143
<PAYABLE-FOR-SECURITIES>                        42,374
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       23,869
<TOTAL-LIABILITIES>                             66,243
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     4,711,988
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       29,189
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        327,918
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        73,805
<NET-ASSETS>                                         0
<DIVIDEND-INCOME>                               48,742
<INTEREST-INCOME>                                2,066
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  19,044
<NET-INVESTMENT-INCOME>                         31,764
<REALIZED-GAINS-CURRENT>                       327,920
<APPREC-INCREASE-CURRENT>                    (152,111)
<NET-CHANGE-FROM-OPS>                          207,573
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       2,899,073
<ACCUMULATED-NII-PRIOR>                          6,131
<ACCUMULATED-GAINS-PRIOR>                       11,763
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           16,073
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 31,696
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                            0.000
<PER-SHARE-NII>                                  0.000
<PER-SHARE-GAIN-APPREC>                          0.000
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                              0.000
<EXPENSE-RATIO>                                  0.000


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 053
   <NAME> DELAWARE DIVERSIFIED VALUE FUND C CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                        5,069,507
<INVESTMENTS-AT-VALUE>                       5,143,312
<RECEIVABLES>                                   51,355
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            14,476
<TOTAL-ASSETS>                               5,209,143
<PAYABLE-FOR-SECURITIES>                        42,374
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       23,869
<TOTAL-LIABILITIES>                             66,243
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     4,711,988
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                       29,189
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        327,918
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        73,805
<NET-ASSETS>                                         0
<DIVIDEND-INCOME>                               48,742
<INTEREST-INCOME>                                2,066
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  19,044
<NET-INVESTMENT-INCOME>                         31,764
<REALIZED-GAINS-CURRENT>                       327,920
<APPREC-INCREASE-CURRENT>                    (152,111)
<NET-CHANGE-FROM-OPS>                          207,573
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       2,899,073
<ACCUMULATED-NII-PRIOR>                          6,131
<ACCUMULATED-GAINS-PRIOR>                       11,763
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           16,073
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 31,696
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                            0.000
<PER-SHARE-NII>                                  0.000
<PER-SHARE-GAIN-APPREC>                          0.000
<PER-SHARE-DIVIDEND>                             0.000
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                              0.000
<EXPENSE-RATIO>                                  0.000


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027574
<NAME> DELAWARE GROUP EQUITY FUNDS II, INC.
<SERIES>
   <NUMBER> 054
   <NAME> DELAWARE DIVERSIFIED VALUE FUND INSTITUTIONAL CLASS

<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          NOV-30-1999
<PERIOD-END>                               NOV-30-1999
<INVESTMENTS-AT-COST>                        5,069,507
<INVESTMENTS-AT-VALUE>                       5,143,312
<RECEIVABLES>                                   51,355
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                            14,476
<TOTAL-ASSETS>                               5,209,143
<PAYABLE-FOR-SECURITIES>                        42,374
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       23,869
<TOTAL-LIABILITIES>                             66,243
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     4,711,988
<SHARES-COMMON-STOCK>                          481,184
<SHARES-COMMON-PRIOR>                          235,295
<ACCUMULATED-NII-CURRENT>                       29,189
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        327,918
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        73,805
<NET-ASSETS>                                 5,142,889
<DIVIDEND-INCOME>                               48,742
<INTEREST-INCOME>                                2,066
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  19,044
<NET-INVESTMENT-INCOME>                         31,764
<REALIZED-GAINS-CURRENT>                       327,920
<APPREC-INCREASE-CURRENT>                    (152,111)
<NET-CHANGE-FROM-OPS>                          207,573
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        8,706
<DISTRIBUTIONS-OF-GAINS>                        11,765
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        243,796
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                              2,093
<NET-CHANGE-IN-ASSETS>                       2,899,073
<ACCUMULATED-NII-PRIOR>                          6,131
<ACCUMULATED-GAINS-PRIOR>                       11,763
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           16,073
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 31,696
<AVERAGE-NET-ASSETS>                         2,549,850
<PER-SHARE-NAV-BEGIN>                            9.540
<PER-SHARE-NII>                                  0.129
<PER-SHARE-GAIN-APPREC>                          1.108
<PER-SHARE-DIVIDEND>                             0.370
<PER-SHARE-DISTRIBUTIONS>                        0.050
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             10.690
<EXPENSE-RATIO>                                  0.750


</TABLE>

Report of Independent Auditors

To the Shareholders and Board of Trustees
Delaware Group Equity Funds II

In planning and performing our audits of the financial statements
of Delaware Group Equity Funds II (the "Funds") for the year
ended November 30, 1999, we considered its internal control,
including control activities for safeguarding securities, in
order to determine our auditing procedures for the purpose of
expressing our opinions on the financial statements and to comply
with the requirements of Form N-SAR, not to provide assurance on
internal control.

The management of the Funds is responsible for establishing and
maintaining internal control. In fulfilling this responsibility,
estimates and judgments by management are required to assess the
expected benefits and related costs of controls. Generally,
controls that are relevant to an audit pertain to the entity's
objective of preparing financial statements for external purposes
that are fairly presented in conformity with generally accepted
accounting principles. Those controls include the safeguarding of
assets against unauthorized acquisition, use or disposition.

Because of inherent limitations in internal control, errors or
fraud may occur and not be detected. Also, projection of any
evaluation of internal control 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 internal control would not necessarily
disclose all matters in internal control 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 one or more of the
internal control components does not reduce to a relatively low
level the risk that misstatement caused by error or fraud 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
internal control and its operation, including controls for
safeguarding securities, that we consider to be material
weaknesses as defined above at November 30, 1999.

This report is intended solely for the information and use of
management, the Board of Trustees of the Funds, and the
Securities and Exchange Commission and is not intended to be and
should not be used by anyone other than these specified parties.


Philadelphia, Pennsylvania
January 7, 2000



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