LINCOLN NATIONAL INCOME FUND INC /NEW/
NSAR-A, EX-27, 2000-09-01
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000059560
<NAME> LINCOLN NATIONAL INCOME FUND, INC.
<SERIES>
   <NUMBER>
   <NAME>

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                      131,685,650
<INVESTMENTS-AT-VALUE>                     128,570,001
<RECEIVABLES>                                2,106,558
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                           253,520
<TOTAL-ASSETS>                             130,930,079
<PAYABLE-FOR-SECURITIES>                     1,983,361
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      438,291
<TOTAL-LIABILITIES>                          2,421,652
<SENIOR-EQUITY>                             40,000,000
<PAID-IN-CAPITAL-COMMON>                    90,358,856
<SHARES-COMMON-STOCK>                        7,114,831
<SHARES-COMMON-PRIOR>                        7,114,831
<ACCUMULATED-NII-CURRENT>                    1,586,957
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (321,737)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                   (3,115,649)
<NET-ASSETS>                               128,508,427
<DIVIDEND-INCOME>                              339,958
<INTEREST-INCOME>                            4,950,607
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 733,621
<NET-INVESTMENT-INCOME>                      4,556,944
<REALIZED-GAINS-CURRENT>                     (522,414)
<APPREC-INCREASE-CURRENT>                      787,051
<NET-CHANGE-FROM-OPS>                        4,821,581
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    2,882,531
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       1,939,050
<ACCUMULATED-NII-PRIOR>                       (87,456)
<ACCUMULATED-GAINS-PRIOR>                      200,677
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          560,301
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                736,687
<AVERAGE-NET-ASSETS>                       127,191,349
<PER-SHARE-NAV-BEGIN>                           12.170
<PER-SHARE-NII>                                  0.610
<PER-SHARE-GAIN-APPREC>                          0.060
<PER-SHARE-DIVIDEND>                             0.400
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                             12.440
<EXPENSE-RATIO>                                  1.160


</TABLE>


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