DELAWARE GROUP DELAWARE FUND INC
NSAR-B, 1995-12-28
Previous: DEL ELECTRONICS CORP, S-8, 1995-12-28
Next: TRIARC COMPANIES INC, 8-K, 1995-12-28



<PAGE>      PAGE  1
000 B000000 10/31/95
000 C000000 0000027801
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 DELAWARE FUND, INC.
001 B000000 811-249
001 C000000 2157512926
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 DELAWARE FUND SERIES
007 C030100 N
007 C010200  2
007 C020200 DEVON FUND SERIES
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
020 A000001 LEGG MASON WOOD WALKER, INC.
020 B000001 52-0902557
020 C000001     67
020 A000002 FSC SECURITIES CORPORATION
020 B000002 58-1288674
020 C000002     66
020 A000003 LEHMAN BROTHERS, INC.
020 B000003 13-2518466
020 C000003     44
020 A000004 BRIDGE TRADING COMPANY
020 B000004 43-1450530
020 C000004     39
020 A000005 HERZOG, HEINE, GEDULD, INC.
020 B000005 13-1955436
020 C000005     39
<PAGE>      PAGE  2
020 A000006 MERRILL LYNCH, PIERCE, FENNER & SMITH
020 B000006 13-5674085
020 C000006     38
020 A000007 SMITH BARNEY, HARRIS, UPHAM & CO., INC.
020 B000007 13-1912900
020 C000007     32
020 A000008 COUNTY SECURITIES
020 C000008     32
020 A000009 PAINEWEBBER, INC.
020 B000009 13-2638166
020 C000009     30
020 A000010 LIPPER ANALYTICAL SECURITIES CORPORATION
020 B000010 13-2792478
020 C000010     29
021  000000      949
022 A000001 SMITH, BARNEY, HARRIS, UPHAM & CO., INC.
022 B000001 13-1912900
022 C000001     52609
022 D000001     53746
022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH
022 B000002 13-5674085
022 C000002     46831
022 D000002     26265
022 A000003 STARBOARD CAPITAL MARKETS, INC.
022 C000003     15268
022 D000003     42987
022 A000004 SALOMON BROTHERS, INC.
022 B000004 13-3082694
022 C000004     21123
022 D000004     16340
022 A000005 FIRST BOSTON CORP. (THE)
022 B000005 13-5659485
022 C000005     23505
022 D000005     11198
022 A000006 PRUDENTIAL SECURITIES, INC.
022 B000006 22-2347336
022 C000006     15113
022 D000006     15682
022 A000007 GOLDMAN, SACHS & CO.
022 B000007 13-5108880
022 C000007     15489
022 D000007      9185
022 A000008 MORGAN (J.P.) SECURITIES
022 B000008 13-3224016
022 C000008     10985
022 D000008     11750
022 A000009 DONALDSON, LUFKIN, & JENRETTE SECURITIES CORP
022 B000009 13-2741729
022 C000009     12216
022 D000009      7825
022 A000010 LEHMAN BROTHERS, INC.
<PAGE>      PAGE  3
022 B000010 13-2518466
022 C000010      8427
022 D000010      8667
023 C000000     259092
023 D000000     268826
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    30000
081 A00AA00 Y
081 B00AA00  46
082 A00AA00 Y
082 B00AA00      150
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
028 A010100      2827
028 A020100         0
028 A030100         0
028 A040100      6390
028 B010100      3584
028 B020100         0
028 B030100         0
028 B040100      6386
028 C010100      4548
028 C020100      3593
028 C030100         0
028 C040100      8862
028 D010100      3148
028 D020100         0
028 D030100         0
028 D040100      6631
028 E010100      2908
028 E020100         0
028 E030100         0
028 E040100      5315
028 F010100      5804
028 F020100      3551
028 F030100         0
028 F040100      7928
028 G010100     22819
028 G020100      7144
028 G030100         0
028 G040100     41512
<PAGE>      PAGE  4
028 H000100      6402
029  000100 Y
030 A000100    545
030 B000100  5.75
030 C000100  0.00
031 A000100     74
031 B000100      0
032  000100    471
033  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
070 B010100 Y
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 Y
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 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
<PAGE>      PAGE  5
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
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    504129
071 B000100    545653
071 C000100    536961
071 D000100   94
072 A000100 12
072 B000100    15717
072 C000100    10037
072 D000100        0
072 E000100        0
072 F000100     2954
072 G000100        0
072 H000100      144
072 I000100      997
072 J000100       63
072 K000100       47
072 L000100       65
072 M000100       16
072 N000100       47
072 O000100       34
072 P000100        0
072 Q000100        0
072 R000100       21
072 S000100       11
072 T000100      859
072 U000100        0
072 V000100        0
072 W000100      125
072 X000100     5383
072 Y000100        0
072 Z000100    20371
072AA000100    48185
072BB000100    14978
072CC010100    33674
072CC020100        0
072DD010100    15844
072DD020100     3577
072EE000100     7639
073 A010100   0.0000
073 A020100   0.0000
<PAGE>      PAGE  6
073 B000100   0.2500
073 C000100   0.0000
074 A000100      265
074 B000100    36391
074 C000100        0
074 D000100   189888
074 E000100     2469
074 F000100   372355
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100     6731
074 K000100        1
074 L000100     2890
074 M000100       43
074 N000100   611033
074 O000100     4002
074 P000100      286
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     1372
074 S000100        0
074 T000100   605373
074 U010100    24731
074 U020100     5614
074 V010100     0.00
074 V020100     0.00
074 W000100   0.0000
074 X000100    26460
074 Y000100        0
075 A000100        0
075 B000100   570107
076  000100     0.00
028 A010200       551
028 A020200         0
028 A030200         0
028 A040200       108
028 B010200       855
028 B020200         0
028 B030200         0
028 B040200        68
028 C010200       585
028 C020200        38
028 C030200         0
028 C040200       153
028 D010200       540
028 D020200         0
028 D030200         0
028 D040200       213
<PAGE>      PAGE  7
028 E010200       359
028 E020200         0
028 E030200         0
028 E040200       309
028 F010200       307
028 F020200        41
028 F030200         0
028 F040200       884
028 G010200      3197
028 G020200        79
028 G030200         0
028 G040200      1735
028 H000200      1114
029  000200 Y
030 A000200     79
030 B000200  5.75
030 C000200  0.00
031 A000200     11
031 B000200      0
032  000200     68
033  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
071 A000200     11370
071 B000200      8634
071 C000200      8726
071 D000200   99
072 A000200 12
072 B000200       60
072 C000200      234
072 D000200        0
072 E000200        0
072 F000200       57
072 G000200        0
072 H000200        2
<PAGE>      PAGE  8
072 I000200       27
072 J000200        6
072 K000200        2
072 L000200       14
072 M000200       18
072 N000200       34
072 O000200        1
072 P000200        0
072 Q000200        0
072 R000200        6
072 S000200        1
072 T000200       25
072 U000200       14
072 V000200        0
072 W000200        8
072 X000200      215
072 Y000200       99
072 Z000200      178
072AA000200     1033
072BB000200      361
072CC010200     1215
072CC020200        0
072DD010200      124
072DD020200       52
072EE000200      200
073 A010200   0.0000
073 A020200   0.0000
073 B000200   0.3200
073 C000200   0.0000
074 A000200       15
074 B000200      925
074 C000200        0
074 D000200        0
074 E000200       48
074 F000200    11387
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200      315
074 K000200        0
074 L000200       58
074 M000200        2
074 N000200    12750
074 O000200        0
074 P000200       88
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200       83
074 S000200        0
<PAGE>      PAGE  9
074 T000200    12579
074 U010200      705
074 U020200      297
074 V010200     0.00
074 V020200     0.00
074 W000200   0.0000
074 X000200      932
074 Y000200        0
075 A000200        0
075 B000200     9579
076  000200     0.00
SIGNATURE   ROSEMARY E. MILNER                           
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027801
<NAME> DELAWARE GROUP DELAWARE FUND, INC.
<SERIES>
   <NUMBER> 011
   <NAME> DELAWARE FUND A CLASS
        
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                      542,536,480
<INVESTMENTS-AT-VALUE>                     601,102,541
<RECEIVABLES>                                9,622,515
<ASSETS-OTHER>                                 308,351
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             611,033,407
<PAYABLE-FOR-SECURITIES>                     4,001,750
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,658,842
<TOTAL-LIABILITIES>                          5,660,592
<SENIOR-EQUITY>                             30,344,833
<PAID-IN-CAPITAL-COMMON>                   480,441,954
<SHARES-COMMON-STOCK>                       24,730,846
<SHARES-COMMON-PRIOR>                       25,339,619
<ACCUMULATED-NII-CURRENT>                    3,693,045
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     32,326,922
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    58,566,061
<NET-ASSETS>                               493,242,561
<DIVIDEND-INCOME>                           10,036,736
<INTEREST-INCOME>                           15,717,149
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               5,383,051
<NET-INVESTMENT-INCOME>                     20,370,834
<REALIZED-GAINS-CURRENT>                    33,206,692
<APPREC-INCREASE-CURRENT>                   33,674,467
<NET-CHANGE-FROM-OPS>                       87,251,993
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   15,844,023
<DISTRIBUTIONS-OF-GAINS>                     6,294,837
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,589,185
<NUMBER-OF-SHARES-REDEEMED>                  3,123,004
<SHARES-REINVESTED>                            925,046
<NET-CHANGE-IN-ASSETS>                      54,741,025
<ACCUMULATED-NII-PRIOR>                      2,742,632
<ACCUMULATED-GAINS-PRIOR>                    6,759,346
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        2,953,762
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              5,383,051
<AVERAGE-NET-ASSETS>                       469,166,569
<PER-SHARE-NAV-BEGIN>                           18.000
<PER-SHARE-NII>                                  0.664
<PER-SHARE-GAIN-APPREC>                          2.156
<PER-SHARE-DIVIDEND>                             0.630
<PER-SHARE-DISTRIBUTIONS>                        0.250
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             19.940
<EXPENSE-RATIO>                                   0.97
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027801
<NAME> DELAWARE GROUP DELAWARE FUND, INC.
<SERIES>
   <NUMBER> 012
   <NAME> DELAWARE FUND B CLASS
        
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                      542,536,480
<INVESTMENTS-AT-VALUE>                     601,102,541
<RECEIVABLES>                                9,622,515
<ASSETS-OTHER>                                 308,351
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             611,033,407
<PAYABLE-FOR-SECURITIES>                     4,001,750
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,658,842
<TOTAL-LIABILITIES>                          5,660,592
<SENIOR-EQUITY>                             30,344,833
<PAID-IN-CAPITAL-COMMON>                   480,441,954
<SHARES-COMMON-STOCK>                          170,037
<SHARES-COMMON-PRIOR>                           31,575
<ACCUMULATED-NII-CURRENT>                    3,693,045
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     32,326,922
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    58,566,061
<NET-ASSETS>                                 3,382,975
<DIVIDEND-INCOME>                           10,036,736
<INTEREST-INCOME>                           15,717,149
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               5,383,051
<NET-INVESTMENT-INCOME>                     20,370,834
<REALIZED-GAINS-CURRENT>                    33,206,692
<APPREC-INCREASE-CURRENT>                   33,674,467
<NET-CHANGE-FROM-OPS>                       87,251,993
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       47,613
<DISTRIBUTIONS-OF-GAINS>                        11,657
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        141,318
<NUMBER-OF-SHARES-REDEEMED>                      5,983
<SHARES-REINVESTED>                              3,127
<NET-CHANGE-IN-ASSETS>                      54,741,025
<ACCUMULATED-NII-PRIOR>                      2,742,632
<ACCUMULATED-GAINS-PRIOR>                    6,759,346
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        2,953,762
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              5,383,051
<AVERAGE-NET-ASSETS>                         1,725,646
<PER-SHARE-NAV-BEGIN>                           17.980
<PER-SHARE-NII>                                  0.567
<PER-SHARE-GAIN-APPREC>                          2.113
<PER-SHARE-DIVIDEND>                             0.510
<PER-SHARE-DISTRIBUTIONS>                        0.250
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             19.900
<EXPENSE-RATIO>                                   1.79
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027801
<NAME> DELAWARE GROUP DELAWARE FUND, INC.
<SERIES>
   <NUMBER> 013
   <NAME> DELAWARE FUND INSTITUTIONAL CLASS
        
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                      542,536,480
<INVESTMENTS-AT-VALUE>                     601,102,541
<RECEIVABLES>                                9,622,515
<ASSETS-OTHER>                                 308,351
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                             611,033,407
<PAYABLE-FOR-SECURITIES>                     4,001,750
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,658,842
<TOTAL-LIABILITIES>                          5,660,592
<SENIOR-EQUITY>                             30,344,833
<PAID-IN-CAPITAL-COMMON>                   480,441,954
<SHARES-COMMON-STOCK>                        5,443,950
<SHARES-COMMON-PRIOR>                        5,214,057
<ACCUMULATED-NII-CURRENT>                    3,693,045
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                     32,326,922
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    58,566,061
<NET-ASSETS>                               108,747,279
<DIVIDEND-INCOME>                           10,036,736
<INTEREST-INCOME>                           15,717,149
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               5,383,051
<NET-INVESTMENT-INCOME>                     20,370,834
<REALIZED-GAINS-CURRENT>                    33,206,692
<APPREC-INCREASE-CURRENT>                   33,674,467
<NET-CHANGE-FROM-OPS>                       87,251,993
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    3,528,785
<DISTRIBUTIONS-OF-GAINS>                     1,332,622
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      1,324,391
<NUMBER-OF-SHARES-REDEEMED>                  1,363,009
<SHARES-REINVESTED>                            268,511
<NET-CHANGE-IN-ASSETS>                      54,741,025
<ACCUMULATED-NII-PRIOR>                      2,742,632
<ACCUMULATED-GAINS-PRIOR>                    6,759,346
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        2,953,762
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              5,383,051
<AVERAGE-NET-ASSETS>                        99,215,025
<PER-SHARE-NAV-BEGIN>                           18.030
<PER-SHARE-NII>                                  0.694
<PER-SHARE-GAIN-APPREC>                          2.166
<PER-SHARE-DIVIDEND>                             0.660
<PER-SHARE-DISTRIBUTIONS>                        0.250
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             19.980
<EXPENSE-RATIO>                                   0.79
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027801
<NAME> DELAWARE GROUP DELAWARE FUND, INC.
<SERIES>
   <NUMBER> 021
   <NAME> DEVON FUND A CLASS
        
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                       10,963,776
<INVESTMENTS-AT-VALUE>                      12,360,294
<RECEIVABLES>                                  372,537
<ASSETS-OTHER>                                  17,600
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              12,750,431
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      171,242
<TOTAL-LIABILITIES>                            171,242
<SENIOR-EQUITY>                              1,001,997
<PAID-IN-CAPITAL-COMMON>                     9,465,178
<SHARES-COMMON-STOCK>                          705,003
<SHARES-COMMON-PRIOR>                          424,790
<ACCUMULATED-NII-CURRENT>                       46,731
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        668,765
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,396,518
<NET-ASSETS>                                 8,845,587
<DIVIDEND-INCOME>                              233,638
<INTEREST-INCOME>                               59,771
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 115,791
<NET-INVESTMENT-INCOME>                        177,618
<REALIZED-GAINS-CURRENT>                       671,745
<APPREC-INCREASE-CURRENT>                    1,214,843
<NET-CHANGE-FROM-OPS>                        2,064,206
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      124,083
<DISTRIBUTIONS-OF-GAINS>                       144,950
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        437,494
<NUMBER-OF-SHARES-REDEEMED>                    182,731
<SHARES-REINVESTED>                             25,450
<NET-CHANGE-IN-ASSETS>                       5,348,047
<ACCUMULATED-NII-PRIOR>                         45,438
<ACCUMULATED-GAINS-PRIOR>                      196,985
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           57,382
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                215,170
<AVERAGE-NET-ASSETS>                         6,773,162
<PER-SHARE-NAV-BEGIN>                           10.830
<PER-SHARE-NII>                                  0.207
<PER-SHARE-GAIN-APPREC>                          2.053
<PER-SHARE-DIVIDEND>                             0.220
<PER-SHARE-DISTRIBUTIONS>                        0.320
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             12.550
<EXPENSE-RATIO>                                   1.25
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027801
<NAME> DELAWARE GROUP DELAWARE FUND, INC.
<SERIES>
   <NUMBER> 022
   <NAME> DEVON FUND B CLASS
        
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                       10,963,776
<INVESTMENTS-AT-VALUE>                      12,360,294
<RECEIVABLES>                                  372,537
<ASSETS-OTHER>                                  17,600
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              12,750,431
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      171,242
<TOTAL-LIABILITIES>                            171,242
<SENIOR-EQUITY>                              1,001,997
<PAID-IN-CAPITAL-COMMON>                     9,465,178
<SHARES-COMMON-STOCK>                           69,084
<SHARES-COMMON-PRIOR>                           10,593
<ACCUMULATED-NII-CURRENT>                       46,731
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        668,765
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,396,518
<NET-ASSETS>                                   863,217
<DIVIDEND-INCOME>                              233,638
<INTEREST-INCOME>                               59,771
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 115,791
<NET-INVESTMENT-INCOME>                        177,618
<REALIZED-GAINS-CURRENT>                       671,745
<APPREC-INCREASE-CURRENT>                    1,214,843
<NET-CHANGE-FROM-OPS>                        2,064,206
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        6,520
<DISTRIBUTIONS-OF-GAINS>                         7,068
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         59,748
<NUMBER-OF-SHARES-REDEEMED>                      2,452
<SHARES-REINVESTED>                              1,195
<NET-CHANGE-IN-ASSETS>                       5,348,047
<ACCUMULATED-NII-PRIOR>                         45,438
<ACCUMULATED-GAINS-PRIOR>                      196,985
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           57,382
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                215,170
<AVERAGE-NET-ASSETS>                           478,103
<PER-SHARE-NAV-BEGIN>                           10.820
<PER-SHARE-NII>                                  0.127
<PER-SHARE-GAIN-APPREC>                          2.053
<PER-SHARE-DIVIDEND>                             0.180
<PER-SHARE-DISTRIBUTIONS>                        0.320
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             12.500
<EXPENSE-RATIO>                                   1.95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000027801
<NAME> DELAWARE GROUP DELAWARE FUND, INC.
<SERIES>
   <NUMBER> 023
   <NAME> DEVON FUND INSTITUTIONAL CLASS
        
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          OCT-31-1995
<PERIOD-END>                               OCT-31-1995
<INVESTMENTS-AT-COST>                       10,963,776
<INVESTMENTS-AT-VALUE>                      12,360,294
<RECEIVABLES>                                  372,537
<ASSETS-OTHER>                                  17,600
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              12,750,431
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      171,242
<TOTAL-LIABILITIES>                            171,242
<SENIOR-EQUITY>                              1,001,997
<PAID-IN-CAPITAL-COMMON>                     9,465,178
<SHARES-COMMON-STOCK>                          227,910
<SHARES-COMMON-PRIOR>                          231,780
<ACCUMULATED-NII-CURRENT>                       46,731
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        668,765
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     1,396,518
<NET-ASSETS>                                 2,870,385
<DIVIDEND-INCOME>                              233,638
<INTEREST-INCOME>                               59,771
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 115,791
<NET-INVESTMENT-INCOME>                        177,618
<REALIZED-GAINS-CURRENT>                       671,745
<APPREC-INCREASE-CURRENT>                    1,214,843
<NET-CHANGE-FROM-OPS>                        2,064,206
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       45,722
<DISTRIBUTIONS-OF-GAINS>                        47,947
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        125,933
<NUMBER-OF-SHARES-REDEEMED>                    138,734
<SHARES-REINVESTED>                              8,931
<NET-CHANGE-IN-ASSETS>                       5,348,047
<ACCUMULATED-NII-PRIOR>                         45,438
<ACCUMULATED-GAINS-PRIOR>                      196,985
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           57,382
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                215,170
<AVERAGE-NET-ASSETS>                         2,327,881
<PER-SHARE-NAV-BEGIN>                           10.860
<PER-SHARE-NII>                                  0.241
<PER-SHARE-GAIN-APPREC>                          2.049
<PER-SHARE-DIVIDEND>                             0.240
<PER-SHARE-DISTRIBUTIONS>                        0.320
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             12.590
<EXPENSE-RATIO>                                   0.95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


             Supplementary Report of Independent Auditors
                                    
  
To the Shareholders and Board of Directors
Delaware Group Delaware Fund, Inc. - Delaware Fund
Delaware Group Delaware Fund, Inc. - Devon Fund
  
In planning and performing our audits of the financial statements
of Delaware Group Delaware Fund, Inc. - Delaware Fund and
Delaware Group Delaware Fund, Inc. - Devon Fund (the  Funds ) for
the year ended October 31, 1995, we considered their 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 Funds 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 October 31, 1995.

This report is intended solely for the information and use of
management and the Securities and Exchange Commission.  
  
  
                                          Ernst & Young LLP
  
                                                                  
                                                                 
Philadelphia, Pennsylvania
December 1, 1995


© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission