VOYAGEUR MUTUAL FUNDS, INC.
Delaware-Voyageur Tax-Free Arizona Fund
Delaware-Voyageur Tax-Free California Fund
Delaware-Voyageur Tax-Free Idaho Fund
Delaware-Voyageur Tax-Free Iowa Fund
Delaware-Voyageur Tax-Free New York Fund
Delaware-Voyageur Tax-Free Wisconsin Fund
VOYAGEUR MUTUAL FUNDS II, INC.
Delaware Voyageur Tax-Free Colorado Fund
VOYAGEUR TAX FREE FUNDS, INC.
Delaware-Voyageur Tax-Free Minnesota Fund
Delaware-Voyageur Tax-Free North Dakota Fund
Supplement to the current Prospectus
The Board of Directors of the investment companies
listed above (each a "Company") unanimously voted, subject to
shareholder approval, to adopt a new Investment Management
Agreement between the Company and Delaware Management Company
(the " Manager") for each Fund listed above. Pursuant to the
current Investment Management Agreement for each Fund, the Fund
pays the Manager an annual fee equal to 0.50% of the Fund s
average daily net assets. Under the proposed Investment
Management Agreement, each Fund will pay the Manager an annual
fee equal to 0.55% on the first $500 million, 0.50% on the next
$500 million, 0.45% on the next $1.5 billion, and 0.425% on
assets over $2.5 billion (all calculated as a percentage of the
Fund's average daily net assets).
Individuals who were shareholders of these Funds on
January 18, 1999 will be asked to approve the proposed Investment
Management Agreement for their Fund at a Joint Annual/Special
Meeting of Shareholders to be held on or about March 17, 1999.
The proposed management fee is expected to become effective on or
about April 1, 1999 if shareholders approve the proposed
Investment Management Agreements.
