[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] FEB-24-2000
[PERIOD-START] NOV-01-1999
[PERIOD-END] FEB-24-2000
[PERIOD-TYPE] 6-MOS
[EXCHANGE-RATE] 1
[INVESTMENTS-AT-COST] 0
[INVESTMENTS-AT-VALUE] 0
[RECEIVABLES] 0
[ASSETS-OTHER] 15198
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 15198
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 15198
[TOTAL-LIABILITIES] 15198
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 0
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 56899
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 0
[NET-ASSETS] 0
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 9315
[OTHER-INCOME] 0
[EXPENSES-NET] 1294
[NET-INVESTMENT-INCOME] 8021
[REALIZED-GAINS-CURRENT] (12439)
[APPREC-INCREASE-CURRENT] (1579)
[NET-CHANGE-FROM-OPS] (5997)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 17427
[DISTRIBUTIONS-OF-GAINS] 4698
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 4
[NUMBER-OF-SHARES-REDEEMED] 59261
[SHARES-REINVESTED] 2358
[NET-CHANGE-IN-ASSETS] (557441)
[ACCUMULATED-NII-PRIOR] 7796
[ACCUMULATED-GAINS-PRIOR] 4698
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 730
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2607
[AVERAGE-NET-ASSETS] 424723
[PER-SHARE-NAV-BEGIN] 9.80
[PER-SHARE-NII] 0.264
[PER-SHARE-GAIN-APPREC] (0.385)
[PER-SHARE-DIVIDEND] 0.401
[PER-SHARE-DISTRIBUTIONS] 0.088
[RETURNS-OF-CAPITAL] 9.190
[PER-SHARE-NAV-END] 0
[EXPENSE-RATIO] 0.80
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
