March 6, 2000
Delaware Decatur Equity Income Fund
Class A * Class B * Class C
Supplement to the current Prospectus dated January 31, 2000
The following replaces the first footnote (*) to the average annual return
table on page 3 of Delaware Decatur Equity Income Fund's Prospectus.
*If shares were not redeemed, the returns for Class B would be -4.41%,
16.07% and 14.12% for the one-year, five-year and lifetime periods,
respectively. Returns for Class C would be -4.39% and 12.88% for the
one-year and lifetime periods, respectively.