<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000353874
<NAME> LINCOLN NATIONAL GROWTH AND INCOME FUND INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-1999
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 2,918,262,122
<INVESTMENTS-AT-VALUE> 4,201,701,794
<RECEIVABLES> 6,010,099
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,207,711,893
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,808,312
<TOTAL-LIABILITIES> 2,808,312
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,242,977,314
<SHARES-COMMON-STOCK> 88,566,895
<SHARES-COMMON-PRIOR> 91,079,006
<ACCUMULATED-NII-CURRENT> 28,782,032
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 649,704,563
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,283,439,672
<NET-ASSETS> 4,204,903,581
<DIVIDEND-INCOME> 29,446,758
<INTEREST-INCOME> 453,726
<OTHER-INCOME> 0
<EXPENSES-NET> 7,615,867
<NET-INVESTMENT-INCOME> 22,284,617
<REALIZED-GAINS-CURRENT> 609,206,271
<APPREC-INCREASE-CURRENT> (725,014,233)
<NET-CHANGE-FROM-OPS> (93,523,345)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 276,576,520
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 205,617
<NUMBER-OF-SHARES-REDEEMED> 8,425,868
<SHARES-REINVESTED> 5,708,140
<NET-CHANGE-IN-ASSETS> (504,783,249)
<ACCUMULATED-NII-PRIOR> 6,497,415
<ACCUMULATED-GAINS-PRIOR> 317,074,812
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6,725,065
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,618,839
<AVERAGE-NET-ASSETS> 4,319,838,432
<PER-SHARE-NAV-BEGIN> 51.710
<PER-SHARE-NII> 0.254
<PER-SHARE-GAIN-APPREC> (1.165)
<PER-SHARE-DIVIDEND> .000
<PER-SHARE-DISTRIBUTIONS> 3.322
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 47.477
<EXPENSE-RATIO> 0.35
</TABLE>