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070 J011100 Y
070 J021100 N
070 K011100 Y
070 K021100 Y
070 L011100 Y
070 L021100 Y
<PAGE> PAGE 21
070 M011100 Y
070 M021100 Y
070 N011100 Y
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070 O011100 Y
070 O021100 N
070 P011100 Y
070 P021100 N
070 Q011100 N
070 Q021100 N
070 R011100 Y
070 R021100 N
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<PAGE> PAGE 22
073 B001100 0.7580
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074 A001100 34
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013 A001201 DELOITTE & TOUCHE LLP
013 B011201 BOSTON
013 B021201 MA
013 B031201 02110
015 A001201 BOSTON SAFE DEPOSIT & TRUST COMPANY
015 B001201 C
015 C011201 MEDFORD
015 C021201 MA
015 C031201 02155
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015 E011201 X
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<PAGE> PAGE 23
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045 001200 Y
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048 H021200 0.000
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048 I021200 0.000
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048 J021200 0.000
048 K011200 0
048 K021200 0.000
049 001200 N
<PAGE> PAGE 24
050 001200 N
051 001200 N
052 001200 N
053 A001200 N
058 A001200 N
059 001200 Y
060 A001200 Y
060 B001200 Y
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062 A001200 N
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062 E001200 0.0
062 F001200 0.0
062 G001200 0.0
062 H001200 0.0
062 I001200 0.0
062 J001200 0.0
062 K001200 0.0
062 L001200 0.0
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062 N001200 0.0
062 O001200 0.0
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062 R001200 0.0
066 A001200 Y
066 B001200 N
066 C001200 N
066 D001200 Y
066 E001200 N
066 F001200 N
066 G001200 N
067 001200 N
068 A001200 N
068 B001200 N
069 001200 N
070 A011200 Y
070 A021200 N
070 B011200 Y
070 B021200 N
070 C011200 Y
070 C021200 N
070 D011200 Y
070 D021200 N
070 E011200 N
070 E021200 N
070 F011200 Y
070 F021200 N
070 G011200 Y
<PAGE> PAGE 25
070 G021200 N
070 H011200 Y
070 H021200 N
070 I011200 N
070 I021200 N
070 J011200 Y
070 J021200 N
070 K011200 Y
070 K021200 Y
070 L011200 Y
070 L021200 Y
070 M011200 Y
070 M021200 Y
070 N011200 Y
070 N021200 N
070 O011200 Y
070 O021200 N
070 P011200 Y
070 P021200 N
070 Q011200 N
070 Q021200 N
070 R011200 Y
070 R021200 N
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<PAGE> PAGE 26
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013 A001301 DELOITTE & TOUCHE LLP
013 B011301 BOSTON
013 B021301 MA
013 B031301 02110
015 A001301 BOSTON SAFE DEPOSIT & TRUST COMPANY
<PAGE> PAGE 27
015 B001301 C
015 C011301 MEDFORD
015 C021301 MA
015 C031301 02155
015 C041301 5159
015 E011301 X
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<PAGE> PAGE 28
048 G011300 0
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048 I021300 0.000
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050 001300 N
051 001300 N
052 001300 N
053 A001300 Y
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053 C001300 N
058 A001300 N
059 001300 Y
060 A001300 Y
060 B001300 Y
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064 A001300 N
064 B001300 N
066 A001300 N
067 001300 N
068 A001300 N
068 B001300 N
069 001300 N
070 A011300 Y
070 A021300 N
<PAGE> PAGE 29
070 B011300 Y
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 N
070 D021300 N
070 E011300 N
070 E021300 N
070 F011300 N
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 N
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 Y
070 K021300 Y
070 L011300 Y
070 L021300 N
070 M011300 Y
070 M021300 N
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 Y
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 Y
070 R021300 N
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<PAGE> PAGE 30
072 N001300 2
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074 U011300 50
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<PAGE> PAGE 31
074 W001300 0.0000
074 X001300 25
074 Y001300 0
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076 001300 0.00
013 A001401 DELOITTE & TOUCHE LLP
013 B011401 BOSTON
013 B021401 MA
013 B031401 02110
015 A001401 BOSTON SAFE DEPOSIT & TRUST COMPANY
015 B001401 C
015 C011401 MEDFORD
015 C021401 MA
015 C031401 02155
015 C041401 5159
015 E011401 X
028 A011400 0
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028 C011400 0
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028 H001400 0
045 001400 Y
046 001400 N
047 001400 Y
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048 A011400 0
<PAGE> PAGE 32
048 A021400 0.000
048 B011400 0
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048 C011400 0
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048 D021400 0.000
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048 H011400 0
048 H021400 0.000
048 I011400 0
048 I021400 0.000
048 J011400 0
048 J021400 0.000
048 K011400 0
048 K021400 0.000
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050 001400 N
051 001400 N
052 001400 N
053 A001400 Y
053 B001400 Y
053 C001400 N
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059 001400 Y
060 A001400 Y
060 B001400 Y
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<PAGE> PAGE 33
063 A001400 0
063 B001400 4.9
064 A001400 N
064 B001400 N
066 A001400 N
067 001400 N
068 A001400 N
068 B001400 N
069 001400 N
070 A011400 Y
070 A021400 N
070 B011400 Y
070 B021400 N
070 C011400 Y
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070 D021400 N
070 E011400 N
070 E021400 N
070 F011400 N
070 F021400 N
070 G011400 Y
070 G021400 N
070 H011400 N
070 H021400 N
070 I011400 N
070 I021400 N
070 J011400 Y
070 J021400 N
070 K011400 Y
070 K021400 Y
070 L011400 Y
070 L021400 N
070 M011400 Y
070 M021400 N
070 N011400 Y
070 N021400 N
070 O011400 Y
070 O021400 N
070 P011400 Y
070 P021400 N
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070 R011400 Y
070 R021400 N
071 A001400 0
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<PAGE> PAGE 34
072 C001400 0
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<PAGE> PAGE 35
074 Q001400 0
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013 A001501 DELOITTE & TOUCHE LLP
013 B011501 BOSTON
013 B021501 MA
013 B031501 02110
015 A001501 BOSTON SAFE DEPOSIT & TRUST COMPANY
015 B001501 C
015 C011501 MEDFORD
015 C021501 MA
015 C031501 02155
015 C041501 5159
015 E011501 X
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028 A021500 0
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028 B021500 25
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028 E021500 12
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<PAGE> PAGE 36
028 F041500 9
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045 001500 Y
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051 001500 N
052 001500 N
053 A001500 Y
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<PAGE> PAGE 37
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070 A011500 Y
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070 D021500 N
070 E011500 N
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070 F011500 N
070 F021500 N
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070 H011500 N
070 H021500 N
070 I011500 N
070 I021500 N
070 J011500 Y
070 J021500 N
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070 K021500 Y
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070 M011500 Y
070 M021500 N
070 N011500 Y
070 N021500 N
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<PAGE> PAGE 38
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074 C001500 0
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<PAGE> PAGE 39
074 F001500 0
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074 K001500 7
074 L001500 18
074 M001500 30
074 N001500 1447
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074 P001500 3
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074 S001500 0
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SIGNATURE BETH H. GALUSHA
TITLE MUTUAL FUND CFO
[ARTICLE] 6
[LEGEND]
[RESTATED]
[CIK] 0000751173
[NAME] EXETER FUND, INC.
[SERIES]
[NAME] FLEXIBLE YIELD SERIES I
[NUMBER] 13
[MULTIPLIER] 1
[CURRENCY] 1
[FISCAL-YEAR-END] OCT-31-1998
[PERIOD-START] NOV-01-1997
[PERIOD-END] APRIL-30-1998
[PERIOD-TYPE] SEMI
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 472,651
[INVESTMENTS-AT-VALUE] 475,246
[RECEIVABLES] 46,154
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 521,400
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 10,975
[TOTAL-LIABILITIES] 10,975
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 501,165
[SHARES-COMMON-STOCK] 49,647
[SHARES-COMMON-PRIOR] 62,539
[ACCUMULATED-NII-CURRENT] 4,421
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 2,244
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 2,595
[NET-ASSETS] 510,425
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 16,541
[OTHER-INCOME] 0
[EXPENSES-NET] 1,969
[NET-INVESTMENT-INCOME] 14,572
[REALIZED-GAINS-CURRENT] 4,937
[APPREC-INCREASE-CURRENT] (5,245)
[NET-CHANGE-FROM-OPS] 14,264
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 20,993
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 69,522
[NUMBER-OF-SHARES-REDEEMED] 84,474
[SHARES-REINVESTED] 2,060
[NET-CHANGE-IN-ASSETS] (139,407)
[ACCUMULATED-NII-PRIOR] 10,842
[ACCUMULATED-GAINS-PRIOR] (2,963)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 985
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 12,589
[AVERAGE-NET-ASSETS] 572,916
[PER-SHARE-NAV-BEGIN] 10.39
[PER-SHARE-NII] 0.283
[PER-SHARE-GAIN-APPREC] (0.026)
[PER-SHARE-DIVIDEND] 0.367
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.28
[EXPENSE-RATIO] 0.70
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
[ARTICLE] 6
[LEGEND]
[RESTATED]
[CIK] 0000751173
[NAME] EXETER FUND, INC.
[SERIES]
[NAME] FLEXIBLE YIELD SERIES II
[NUMBER] 14
[MULTIPLIER] 1
[CURRENCY] 1
[FISCAL-YEAR-END] OCT-31-1998
[PERIOD-START] NOV-01-1997
[PERIOD-END] APRIL-30-1998
[PERIOD-TYPE] SEMI
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 510,321
[INVESTMENTS-AT-VALUE] 533,917
[RECEIVABLES] 17,835
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 551,752
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 10,693
[TOTAL-LIABILITIES] 10,693
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 508,962
[SHARES-COMMON-STOCK] 53,795
[SHARES-COMMON-PRIOR] 70,205
[ACCUMULATED-NII-CURRENT] 4,428
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 4,073
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 23,596
[NET-ASSETS] 541,059
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 17,340
[OTHER-INCOME] 0
[EXPENSES-NET] 2,265
[NET-INVESTMENT-INCOME] 15,075
[REALIZED-GAINS-CURRENT] 4,501
[APPREC-INCREASE-CURRENT] (3,594)
[NET-CHANGE-FROM-OPS] 15,982
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 19,216
[DISTRIBUTIONS-OF-GAINS] 4,875
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 47
[NUMBER-OF-SHARES-REDEEMED] 18,876
[SHARES-REINVESTED] 2,419
[NET-CHANGE-IN-ASSETS] (177,165)
[ACCUMULATED-NII-PRIOR] 8,569
[ACCUMULATED-GAINS-PRIOR] 4,447
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,274
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 12,975
[AVERAGE-NET-ASSETS] 589,830
[PER-SHARE-NAV-BEGIN] 10.23
[PER-SHARE-NII] 0.329
[PER-SHARE-GAIN-APPREC] (0.036)
[PER-SHARE-DIVIDEND] 0.369
[PER-SHARE-DISTRIBUTIONS] 0.094
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.06
[EXPENSE-RATIO] 0.80
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
[ARTICLE] 6
[LEGEND]
[RESTATED]
[CIK] 0000751173
[NAME] EXETER FUND, INC.
[SERIES]
[NAME] FLEXIBLE YIELD SERIES III
[NUMBER] 15
[MULTIPLIER] 1
[CURRENCY] 1
[FISCAL-YEAR-END] OCT-31-1998
[PERIOD-START] NOV-01-1997
[PERIOD-END] APRIL-30-1998
[PERIOD-TYPE] SEMI
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 1,333,364
[INVESTMENTS-AT-VALUE] 1,422,415
[RECEIVABLES] 24,546
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 1,446,961
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 10,527
[TOTAL-LIABILITIES] 10,527
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1,325,811
[SHARES-COMMON-STOCK] 137,458
[SHARES-COMMON-PRIOR] 129,274
[ACCUMULATED-NII-CURRENT] 11,586
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 9,986
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 88,051
[NET-ASSETS] 1,436,434
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 43,462
[OTHER-INCOME] 0
[EXPENSES-NET] 5,891
[NET-INVESTMENT-INCOME] 37,571
[REALIZED-GAINS-CURRENT] 10,054
[APPREC-INCREASE-CURRENT] 2,458
[NET-CHANGE-FROM-OPS] 50,083
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 43,500
[DISTRIBUTIONS-OF-GAINS] 763
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 19,230
[NUMBER-OF-SHARES-REDEEMED] 14,561
[SHARES-REINVESTED] 3,515
[NET-CHANGE-IN-ASSETS] 91,153
[ACCUMULATED-NII-PRIOR] 17,515
[ACCUMULATED-GAINS-PRIOR] 695
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 3,465
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 15,734
[AVERAGE-NET-ASSETS] 1,394,499
[PER-SHARE-NAV-BEGIN] 10.41
[PER-SHARE-NII] 0.276
[PER-SHARE-GAIN-APPREC] 0.097
[PER-SHARE-DIVIDEND] 0.327
[PER-SHARE-DISTRIBUTIONS] 0.006
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 10.45
[EXPENSE-RATIO] 0.85
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
[ARTICLE] 6
[LEGEND]
[RESTATED]
[CIK] 0000751173
[NAME] EXETER FUND, INC.
[SERIES]
[NAME] BLENDED ASSET SERIES I
[NUMBER] 11
[MULTIPLIER] 1
[CURRENCY] 1
[FISCAL-YEAR-END] OCT-31-1998
[PERIOD-START] NOV-01-1997
[PERIOD-END] APRIL-30-1998
[PERIOD-TYPE] SEMI
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 27,290,102
[INVESTMENTS-AT-VALUE] 28,161,473
[RECEIVABLES] 1,024,801
[ASSETS-OTHER] 33,769
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 29,220,043
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 40,045
[TOTAL-LIABILITIES] 40,045
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 26,445,674
[SHARES-COMMON-STOCK] 2,447,852
[SHARES-COMMON-PRIOR] 1,831,743
[ACCUMULATED-NII-CURRENT] 344,427
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 1,518,523
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 871,374
[NET-ASSETS] 29,179,998
[DIVIDEND-INCOME] 203,897
[INTEREST-INCOME] 413,725
[OTHER-INCOME] 0
[EXPENSES-NET] 157,395
[NET-INVESTMENT-INCOME] 460,227
[REALIZED-GAINS-CURRENT] 1,519,834
[APPREC-INCREASE-CURRENT] 140,617
[NET-CHANGE-FROM-OPS] 2,120,678
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 390,568
[DISTRIBUTIONS-OF-GAINS] 1,427,315
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 750,610
[NUMBER-OF-SHARES-REDEEMED] 295,457
[SHARES-REINVESTED] 160,956
[NET-CHANGE-IN-ASSETS] 7,249,508
[ACCUMULATED-NII-PRIOR] 274,768
[ACCUMULATED-GAINS-PRIOR] 1,426,004
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 131,334
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 157,877
[AVERAGE-NET-ASSETS] 26,540,320
[PER-SHARE-NAV-BEGIN] 11.97
[PER-SHARE-NII] 0.199
[PER-SHARE-GAIN-APPREC] 0.717
[PER-SHARE-DIVIDEND] 0.208
[PER-SHARE-DISTRIBUTIONS] 0.758
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 11.92
[EXPENSE-RATIO] 1.20
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
[ARTICLE] 6
[LEGEND]
[RESTATED]
[CIK] 0000751173
[NAME] EXETER FUND, INC.
[SERIES]
[NAME] BLENDED ASSET SERIES II
[NUMBER] 12
[MULTIPLIER] 1
[CURRENCY] 1
[FISCAL-YEAR-END] OCT-31-1998
[PERIOD-START] NOV-01-1997
[PERIOD-END] APRIL-30-1998
[PERIOD-TYPE] SEMI
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 65,675,425
[INVESTMENTS-AT-VALUE] 69,422,209
[RECEIVABLES] 578,808
[ASSETS-OTHER] 365,893
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 70,366,910
[PAYABLE-FOR-SECURITIES] 245,594
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 84,318
[TOTAL-LIABILITIES] 329,912
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 62,592,803
[SHARES-COMMON-STOCK] 5,049,271
[SHARES-COMMON-PRIOR] 3,466,675
[ACCUMULATED-NII-CURRENT] 623,210
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 3,074,209
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 3,746,776
[NET-ASSETS] 70,036,998
[DIVIDEND-INCOME] 488,611
[INTEREST-INCOME] 666,153
[OTHER-INCOME] 0
[EXPENSES-NET] 336,080
[NET-INVESTMENT-INCOME] 818,684
[REALIZED-GAINS-CURRENT] 3,074,554
[APPREC-INCREASE-CURRENT] 1,237,094
[NET-CHANGE-FROM-OPS] 5,130,332
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 633,405
[DISTRIBUTIONS-OF-GAINS] 6,231,121
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1,317,114
[NUMBER-OF-SHARES-REDEEMED] 271,455
[SHARES-REINVESTED] 536,937
[NET-CHANGE-IN-ASSETS] 19,114,632
[ACCUMULATED-NII-PRIOR] 437,931
[ACCUMULATED-GAINS-PRIOR] 6,230,776
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 299,214
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 336,080
[AVERAGE-NET-ASSETS] 60,515,684
[PER-SHARE-NAV-BEGIN] 14.69
[PER-SHARE-NII] 0.163
[PER-SHARE-GAIN-APPREC] 0.924
[PER-SHARE-DIVIDEND] 0.176
[PER-SHARE-DISTRIBUTIONS] 1.731
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 13.87
[EXPENSE-RATIO] 1.12
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
[ARTICLE] 6
[LEGEND]
[RESTATED]
[CIK] 0000751173
[NAME] EXETER FUND, INC.
[SERIES]
[NAME] DEFENSIVE SERIES
[NUMBER] 2
[MULTIPLIER] 1
[CURRENCY] 1
[FISCAL-YEAR-END] OCT-31-1998
[PERIOD-START] NOV-01-1997
[PERIOD-END] APRIL-30-1998
[PERIOD-TYPE] SEMI
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 3,970,887
[INVESTMENTS-AT-VALUE] 4,016,468
[RECEIVABLES] 63,575
[ASSETS-OTHER] 3,404
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 4,083,447
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 10,988
[TOTAL-LIABILITIES] 10,988
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 3,961,325
[SHARES-COMMON-STOCK] 379,103
[SHARES-COMMON-PRIOR] 164,649
[ACCUMULATED-NII-CURRENT] 43,107
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 22,446
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 45,581
[NET-ASSETS] 4,072,459
[DIVIDEND-INCOME] 6,661
[INTEREST-INCOME] 62,802
[OTHER-INCOME] 0
[EXPENSES-NET] 13,007
[NET-INVESTMENT-INCOME] 56,456
[REALIZED-GAINS-CURRENT] 29,216
[APPREC-INCREASE-CURRENT] 19,601
[NET-CHANGE-FROM-OPS] 105,273
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 45,239
[DISTRIBUTIONS-OF-GAINS] 34,078
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 225,775
[NUMBER-OF-SHARES-REDEEMED] 18,962
[SHARES-REINVESTED] 7,641
[NET-CHANGE-IN-ASSETS] 2,308,423
[ACCUMULATED-NII-PRIOR] 31,890
[ACCUMULATED-GAINS-PRIOR] 27,308
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 10,405
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 25,357
[AVERAGE-NET-ASSETS] 2,661,265
[PER-SHARE-NAV-BEGIN] 10.71
[PER-SHARE-NII] 0.162
[PER-SHARE-GAIN-APPREC] 0.292
[PER-SHARE-DIVIDEND] 0.242
[PER-SHARE-DISTRIBUTIONS] 0.182
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 10.74
[EXPENSE-RATIO] 1.00
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
[ARTICLE] 6
[LEGEND]
[RESTATED]
[CIK] 0000751173
[NAME] EXETER FUND, INC.
[SERIES]
[NAME] MAXIMUM HORIZON SERIES
[NUMBER] 5
[MULTIPLIER] 1
[CURRENCY] 1
[FISCAL-YEAR-END] OCT-31-1998
[PERIOD-START] NOV-01-1997
[PERIOD-END] APRIL-30-1998
[PERIOD-TYPE] SEMI
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 17,809,620
[INVESTMENTS-AT-VALUE] 18,404,962
[RECEIVABLES] 99,015
[ASSETS-OTHER] 6,386
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 18,510,363
[PAYABLE-FOR-SECURITIES] 248,527
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 22,902
[TOTAL-LIABILITIES] 271,429
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 16,553,519
[SHARES-COMMON-STOCK] 1,256,907
[SHARES-COMMON-PRIOR] 691,741
[ACCUMULATED-NII-CURRENT] 99,596
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 990,570
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 595,249
[NET-ASSETS] 18,238,934
[DIVIDEND-INCOME] 146,400
[INTEREST-INCOME] 41,695
[OTHER-INCOME] 0
[EXPENSES-NET] 82,465
[NET-INVESTMENT-INCOME] 105,630
[REALIZED-GAINS-CURRENT] 993,601
[APPREC-INCREASE-CURRENT] 621,051
[NET-CHANGE-FROM-OPS] 1,720,282
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 35,473
[DISTRIBUTIONS-OF-GAINS] 1,010,011
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 563,028
[NUMBER-OF-SHARES-REDEEMED] 80,471
[SHARES-REINVESTED] 82,609
[NET-CHANGE-IN-ASSETS] 8,387,240
[ACCUMULATED-NII-PRIOR] 29,439
[ACCUMULATED-GAINS-PRIOR] 1,006,980
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 68,721
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 88,609
[AVERAGE-NET-ASSETS] 13,919,881
[PER-SHARE-NAV-BEGIN] 14.24
[PER-SHARE-NII] 0.079
[PER-SHARE-GAIN-APPREC] 1.450
[PER-SHARE-DIVIDEND] 0.043
[PER-SHARE-DISTRIBUTIONS] 1.216
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 14.51
[EXPENSE-RATIO] 1.20
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
[ARTICLE] 6
[LEGEND]
[RESTATED]
[CIK] 0000751173
[NAME] EXETER FUND, INC.
[SERIES]
[NAME] TAX MANAGED SERIES
[NUMBER] 8
[MULTIPLIER] 1
[CURRENCY] 1
[FISCAL-YEAR-END] OCT-31-1998
[PERIOD-START] NOV-01-1997
[PERIOD-END] APRIL-30-1998
[PERIOD-TYPE] SEMI
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 645,588
[INVESTMENTS-AT-VALUE] 777,574
[RECEIVABLES] 12,365
[ASSETS-OTHER] 0
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 789,912
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 13,843
[TOTAL-LIABILITIES] 13,843
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 598,566
[SHARES-COMMON-STOCK] 46,273
[SHARES-COMMON-PRIOR] 34,491
[ACCUMULATED-NII-CURRENT] 4,447
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 41,097
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 131,959
[NET-ASSETS] 776,069
[DIVIDEND-INCOME] 7,044
[INTEREST-INCOME] 1,257
[OTHER-INCOME] 0
[EXPENSES-NET] 3,854
[NET-INVESTMENT-INCOME] 4,447
[REALIZED-GAINS-CURRENT] 41,099
[APPREC-INCREASE-CURRENT] 42,351
[NET-CHANGE-FROM-OPS] 87,897
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 14,205
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 16,614
[NUMBER-OF-SHARES-REDEEMED] 5,794
[SHARES-REINVESTED] 962
[NET-CHANGE-IN-ASSETS] 251,872
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 14,203
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 3,211
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 16,977
[AVERAGE-NET-ASSETS] 639,157
[PER-SHARE-NAV-BEGIN] 15.20
[PER-SHARE-NII] 0.096
[PER-SHARE-GAIN-APPREC] 1.871
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.397
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 16.77
[EXPENSE-RATIO] 1.20
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
