DELAWARE GROUP EQUITY FUNDS IV
NSAR-A, 2000-05-24
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<PAGE>      PAGE  1
000 A000000 03/31/2000
000 C000000 0000778108
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 U
001 A000000 DELAWARE GROUP EQUITY FUNDS IV
001 B000000 811-4413
001 C000000 2152552127
002 A000000 2005 MARKET STREET
002 B000000 PHILADELPHIA
002 C000000 PA
002 D010000 19103
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 DELAWARE GROWTH OPPORTUNITIES FUND
007 C030100 N
007 C010200  2
007 C020200 DELAWARE DIVERSIFIED GROWTH FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 GERARD, KLAUER AND MATTISON
020 B000001 13-2590102
020 C000001     84
020 A000002 WHEATFIRST SECURITIES
020 C000002     46
020 A000003 RAYMOND JAMES
020 B000003 59-1531281
020 C000003     36
020 A000004 FREIDMAN BILLING & RAMSY
020 B000004 52-1630477
020 C000004     35
020 A000005 ING BARINGS
020 C000005     35
020 A000006 SALOMON SMITH BARNEY
020 B000006 11-2418191
<PAGE>      PAGE  2
020 C000006     33
020 A000007 LEHMAN BROTHERS, INC.
020 B000007 13-2518466
020 C000007     33
020 A000008 ROBERT W BAIRD AND CO.
020 B000008 39-6037917
020 C000008     32
020 A000009 MONTGOMERY SECURITIES
020 B000009 94-1701676
020 C000009     31
020 A000010 BT ALEX BROWN
020 B000010 13-3311934
020 C000010     29
021  000000      394
022 A000001 CREDIT SWISSE FIRST BOSTON
022 B000001 13-5659485
022 C000001     74633
022 D000001     34946
022 A000002 GOLDMAN SACHS AND CO
022 B000002 13-5108880
022 C000002     25767
022 D000002     74997
022 A000003 BT ALEX BROWN
022 B000003 13-3311934
022 C000003     59594
022 D000003     33188
022 A000004 MORGAN STANLEY AND CO., INC.
022 B000004 13-2655998
022 C000004     20886
022 D000004     65138
022 A000005 SALOMON SMITH BARNEY
022 B000005 11-2418191
022 C000005     62238
022 D000005      6961
022 A000006 ROBERTSON AND STEPHENS
022 B000006 94-2524501
022 C000006     21679
022 D000006     34709
022 A000007 J.P. MORGAN AND CO
022 B000007 13-3224016
022 C000007     46019
022 D000007      7822
022 A000008 MERRILL LYNCH PIERCE
022 B000008 13-5674085
022 C000008      2237
022 D000008     33264
022 A000009 LEHMAN BROTHERS INC
022 B000009 13-2518466
022 C000009      9821
022 D000009     21874
022 A000010 DONALDSON LUFKIN JENRETTE
<PAGE>      PAGE  3
022 B000010 13-2741729
022 C000010     19048
022 D000010     11135
023 C000000     452844
023 D000000     455431
024  00AA00 N
027  000000 Y
077 A000000 Y
077 Q010000 Y
028 A010100      9216
028 A020100         0
028 A030100         0
028 A040100     13259
028 B010100     24403
028 B020100         0
028 B030100         0
028 B040100     22170
028 C010100     28322
028 C020100    122880
028 C030100         0
028 C040100     29497
028 D010100     21486
028 D020100         1
028 D030100         0
028 D040100     14944
028 E010100     22045
028 E020100        -7
028 E030100         0
028 E040100     26142
028 F010100     26285
028 F020100         0
028 F030100         0
028 F040100     22160
028 G010100    131757
028 G020100    122874
028 G030100         0
028 G040100    128171
028 H000100     91356
029  000100 Y
030 A000100    421
030 B000100  5.75
030 C000100  0.00
031 A000100     53
031 B000100      0
032  000100    368
033  000100      0
042 A000100   0
042 B000100   0
042 C000100 100
042 D000100   0
042 E000100   0
<PAGE>      PAGE  4
042 F000100   0
042 G000100   0
042 H000100   0
043  000100   1486
044  000100      0
062 A000100 N
062 B000100   0.0
062 C000100   0.0
062 D000100   0.0
062 E000100   0.0
062 F000100   0.0
062 G000100   0.0
062 H000100   0.0
062 I000100   0.0
062 J000100   0.0
062 K000100   0.0
062 L000100   0.0
062 M000100   0.0
062 N000100   0.0
062 O000100   0.0
062 P000100   0.0
062 Q000100   0.0
062 R000100   0.0
070 A010100 Y
070 A020100 Y
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 Y
<PAGE>      PAGE  5
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100    676167
071 B000100    673232
071 C000100    952398
071 D000100  141
072 A000100  6
072 B000100      254
072 C000100      897
072 D000100        0
072 E000100      306
072 F000100     3631
072 G000100      206
072 H000100        0
072 I000100      673
072 J000100       37
072 K000100        0
072 L000100      210
072 M000100       13
072 N000100       27
072 O000100       19
072 P000100        0
072 Q000100       27
072 R000100        0
072 S000100        0
072 T000100     1486
072 U000100        0
072 V000100        0
072 W000100       29
072 X000100     6358
072 Y000100       31
072 Z000100    -4870
072AA000100   215080
072BB000100        0
072CC010100   356965
072CC020100        0
072DD010100        0
072DD020100        0
072EE000100   133475
073 A010100   2.5400
073 A020100   0.0000
073 B000100   5.0200
073 C000100   0.0000
074 A000100        2
074 B000100    12287
<PAGE>      PAGE  6
074 C000100        0
074 D000100        0
074 E000100        0
074 F000100  1247529
074 G000100        0
074 H000100        0
074 I000100        0
074 J000100    13862
074 K000100        0
074 L000100     1226
074 M000100        0
074 N000100  1274906
074 O000100    11389
074 P000100        0
074 Q000100        0
074 R010100        0
074 R020100        0
074 R030100        0
074 R040100     1773
074 S000100        0
074 T000100  1261744
074 U010100    30784
074 U020100        0
074 V010100    40.99
074 V020100     0.00
074 W000100   0.0000
074 X000100    45515
074 Y000100        0
075 A000100        0
075 B000100  1011487
076  000100     0.00
028 A010200        10
028 A020200         0
028 A030200         0
028 A040200         0
028 B010200         5
028 B020200         0
028 B030200         0
028 B040200         0
028 C010200         0
028 C020200       489
028 C030200         0
028 C040200         0
028 D010200        20
028 D020200         0
028 D030200         0
028 D040200      2313
028 E010200        22
028 E020200         0
028 E030200         0
028 E040200         0
<PAGE>      PAGE  7
028 F010200      1098
028 F020200         0
028 F030200         0
028 F040200         0
028 G010200      1155
028 G020200       489
028 G030200         0
028 G040200      2313
028 H000200        55
029  000200 N
030 A000200      0
030 B000200  0.00
030 C000200  0.00
031 A000200      0
031 B000200      0
032  000200      0
033  000200      0
042 A000200   0
042 B000200   0
042 C000200   0
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
043  000200      0
044  000200      0
062 A000200 N
062 B000200   0.0
062 C000200   0.0
062 D000200   0.0
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200   0.0
062 N000200   0.0
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
070 A010200 Y
070 A020200 Y
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
<PAGE>      PAGE  8
070 D010200 Y
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 Y
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200      5870
071 B000200      6047
071 C000200     12085
071 D000200   49
072 A000200  6
072 B000200        1
072 C000200       33
072 D000200        0
072 E000200        0
072 F000200       36
072 G000200        4
072 H000200        0
072 I000200        1
072 J000200        1
072 K000200        0
072 L000200        0
072 M000200        2
072 N000200        2
072 O000200        1
072 P000200        0
072 Q000200        0
<PAGE>      PAGE  9
072 R000200        2
072 S000200        0
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200        2
072 X000200       51
072 Y000200        5
072 Z000200      -12
072AA000200     1422
072BB000200      416
072CC010200     2737
072CC020200        0
072DD010200       13
072DD020200        0
072EE000200      477
073 A010200   0.0120
073 A020200   0.0000
073 B000200   0.4500
073 C000200   0.0000
074 A000200        2
074 B000200        3
074 C000200        0
074 D000200        0
074 E000200        0
074 F000200    13478
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200        0
074 K000200        0
074 L000200        9
074 M000200        0
074 N000200    13492
074 O000200        0
074 P000200        0
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200       23
074 S000200        0
074 T000200    13469
074 U010200     1006
074 U020200        0
074 V010200    13.39
074 V020200     0.00
074 W000200   0.0000
074 X000200       18
074 Y000200        0
075 A000200        0
<PAGE>      PAGE  10
075 B000200    12187
076  000200     0.00
SIGNATURE   KENNETH E. CROCKETT, SR
TITLE       BLUESKY ADMIN



<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP EQUITY FUNDS IV
<SERIES>
   <NUMBER> 011
   <NAME> DELAWARE GROWTH OPPORTUNITIES FUND CLASS A

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-END>                               MAR-31-2000
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<INVESTMENTS-AT-VALUE>                   1,259,815,721
<RECEIVABLES>                               15,086,715
<ASSETS-OTHER>                                   3,396
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                           1,274,905,832
<PAYABLE-FOR-SECURITIES>                    11,389,269
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,772,858
<TOTAL-LIABILITIES>                         13,162,127
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     4,869,635
<SHARES-COMMON-STOCK>                       27,690,422
<SHARES-COMMON-PRIOR>                       24,633,233
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<OVERDISTRIBUTION-NII>                       4,869,635
<ACCUMULATED-NET-GAINS>                    203,628,931
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                             1,261,743,705
<DIVIDEND-INCOME>                              254,026
<INTEREST-INCOME>                              896,763
<OTHER-INCOME>                                 306,218
<EXPENSES-NET>                               6,326,642
<NET-INVESTMENT-INCOME>                    (4,869,635)
<REALIZED-GAINS-CURRENT>                   215,080,169
<APPREC-INCREASE-CURRENT>                  356,965,155
<NET-CHANGE-FROM-OPS>                      567,175,689
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                   122,411,599
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      2,681,326
<NUMBER-OF-SHARES-REDEEMED>                  3,296,942
<SHARES-REINVESTED>                          3,672,805
<NET-CHANGE-IN-ASSETS>                     560,161,181
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  122,023,644
<OVERDISTRIB-NII-PRIOR>                              0
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<GROSS-ADVISORY-FEES>                        3,631,430
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              6,357,725
<AVERAGE-NET-ASSETS>                       925,150,093
<PER-SHARE-NAV-BEGIN>                           26.350
<PER-SHARE-NII>                                (0.162)
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<PER-SHARE-DIVIDEND>                              .000
<PER-SHARE-DISTRIBUTIONS>                        5.020
<RETURNS-OF-CAPITAL>                              .000
<PER-SHARE-NAV-END>                             41.100
<EXPENSE-RATIO>                                  1.210



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP EQUITY FUNDS IV
<SERIES>
   <NUMBER> 012
   <NAME> DELAWARE GROWTH OPPORTUNITIES FUND CLASS B

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                      676,657,866
<INVESTMENTS-AT-VALUE>                   1,259,815,721
<RECEIVABLES>                               15,086,715
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                    1,772,858
<TOTAL-LIABILITIES>                         13,162,127
<SENIOR-EQUITY>                                      0
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<SHARES-COMMON-STOCK>                        1,783,982
<SHARES-COMMON-PRIOR>                        1,074,980
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<INTEREST-INCOME>                              896,763
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<NET-INVESTMENT-INCOME>                    (4,869,635)
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<APPREC-INCREASE-CURRENT>                  356,965,155
<NET-CHANGE-FROM-OPS>                      567,175,689
<EQUALIZATION>                                       0
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<PER-SHARE-NII>                                (0.274)
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<PER-SHARE-DIVIDEND>                              .000
<PER-SHARE-DISTRIBUTIONS>                        5.020
<RETURNS-OF-CAPITAL>                              .000
<PER-SHARE-NAV-END>                             38.620
<EXPENSE-RATIO>                                  1.910



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP EQUITY FUNDS IV
<SERIES>
   <NUMBER> 013
   <NAME> DELAWARE GROWTH OPPORTUNITIES FUND CLASS C

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-END>                               MAR-31-2000
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<INVESTMENTS-AT-VALUE>                   1,259,815,721
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<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       4,869,635
<ACCUMULATED-NET-GAINS>                    203,628,931
<OVERDISTRIBUTION-GAINS>                             0
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<DIVIDEND-INCOME>                              254,026
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<OTHER-INCOME>                                 306,218
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<NET-INVESTMENT-INCOME>                    (4,869,635)
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<APPREC-INCREASE-CURRENT>                  356,965,155
<NET-CHANGE-FROM-OPS>                      567,175,689
<EQUALIZATION>                                       0
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<DISTRIBUTIONS-OF-GAINS>                     1,173,935
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        123,712
<NUMBER-OF-SHARES-REDEEMED>                     47,501
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<PER-SHARE-DISTRIBUTIONS>                        5.020
<RETURNS-OF-CAPITAL>                              .000
<PER-SHARE-NAV-END>                             39.300
<EXPENSE-RATIO>                                  1.910



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP EQUITY FUNDS IV
<SERIES>
   <NUMBER> 014
   <NAME> DELAWARE GROWTH OPPORTUNITIES FUND INSTITUTIONAL
CLASS

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                      676,657,866
<INVESTMENTS-AT-VALUE>                   1,259,815,721
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<SENIOR-LONG-TERM-DEBT>                              0
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<TOTAL-LIABILITIES>                         13,162,127
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     4,869,635
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<SHARES-COMMON-PRIOR>                          720,666
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<ACCUMULATED-NET-GAINS>                    203,628,931
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                             1,261,743,705
<DIVIDEND-INCOME>                              254,026
<INTEREST-INCOME>                              896,763
<OTHER-INCOME>                                 306,218
<EXPENSES-NET>                               6,326,642
<NET-INVESTMENT-INCOME>                    (4,869,635)
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<APPREC-INCREASE-CURRENT>                  356,965,155
<NET-CHANGE-FROM-OPS>                      567,175,689
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                     3,984,869
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        368,516
<NUMBER-OF-SHARES-REDEEMED>                    243,508
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<NET-CHANGE-IN-ASSETS>                     560,161,181
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                  122,023,644
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                        3,631,430
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                              6,357,725
<AVERAGE-NET-ASSETS>                        30,467,157
<PER-SHARE-NAV-BEGIN>                           27.260
<PER-SHARE-NII>                                (0.116)
<PER-SHARE-GAIN-APPREC>                         20.696
<PER-SHARE-DIVIDEND>                              .000
<PER-SHARE-DISTRIBUTIONS>                        5.020
<RETURNS-OF-CAPITAL>                              .000
<PER-SHARE-NAV-END>                             42.820
<EXPENSE-RATIO>                                  0.910



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP EQUITY FUNDS IV
<SERIES>
   <NUMBER> 021
   <NAME> DELAWARE DIVERSIFIED GROWTH FUND A CLASS

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                       10,431,834
<INVESTMENTS-AT-VALUE>                      13,480,855
<RECEIVABLES>                                    6,039
<ASSETS-OTHER>                                   2,211
<OTHER-ITEMS-ASSETS>                             2,508
<TOTAL-ASSETS>                              13,488,613
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       22,936
<TOTAL-LIABILITIES>                             22,936
<SENIOR-EQUITY>                              9,452,608
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                            4,649
<SHARES-COMMON-PRIOR>                              980
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          11,967
<ACCUMULATED-NET-GAINS>                        979,015
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     3,049,021
<NET-ASSETS>                                13,468,677
<DIVIDEND-INCOME>                               33,390
<INTEREST-INCOME>                                  631
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  45,678
<NET-INVESTMENT-INCOME>                       (11,657)
<REALIZED-GAINS-CURRENT>                     1,005,740
<APPREC-INCREASE-CURRENT>                    2,736,985
<NET-CHANGE-FROM-OPS>                        3,731,068
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           28
<DISTRIBUTIONS-OF-GAINS>                         1,070
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          4,654
<NUMBER-OF-SHARES-REDEEMED>                      1,078
<SHARES-REINVESTED>                                 93
<NET-CHANGE-IN-ASSETS>                       2,575,685
<ACCUMULATED-NII-PRIOR>                         12,399
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           36,262
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 50,650
<AVERAGE-NET-ASSETS>                            35,738
<PER-SHARE-NAV-BEGIN>                           10.300
<PER-SHARE-NII>                                (0.011)
<PER-SHARE-GAIN-APPREC>                          3.563
<PER-SHARE-DIVIDEND>                             0.012
<PER-SHARE-DISTRIBUTIONS>                        0.450
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             13.390
<EXPENSE-RATIO>                                  0.750



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP EQUITY FUNDS IV
<SERIES>
   <NUMBER> 022
   <NAME> DELAWARE DIVERSIFIED GROWTH FUND B CLASS

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<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>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       0
<NET-INVESTMENT-INCOME>                              0
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                                0
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                               0
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                      0
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                                0
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                                  0
<EXPENSE-RATIO>                                      0



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP EQUITY FUNDS IV
<SERIES>
   <NUMBER> 023
   <NAME> DELAWARE DIVERSIFIED GROWTH FUND C CLASS

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                0
<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>                                    0
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       0
<NET-INVESTMENT-INCOME>                              0
<REALIZED-GAINS-CURRENT>                             0
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                                0
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                               0
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                      0
<AVERAGE-NET-ASSETS>                                 0
<PER-SHARE-NAV-BEGIN>                                0
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                              0
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                                  0
<EXPENSE-RATIO>                                      0



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000778108
<NAME> DELAWARE GROUP EQUITY FUNDS IV
<SERIES>
   <NUMBER> 024
   <NAME> DELAWARE DIVERSIFIED GROWTH FUND INSTITUTIONAL CLASS

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1999
<PERIOD-END>                               MAR-31-2000
<INVESTMENTS-AT-COST>                       10,431,834
<INVESTMENTS-AT-VALUE>                      13,480,855
<RECEIVABLES>                                    6,039
<ASSETS-OTHER>                                   2,211
<OTHER-ITEMS-ASSETS>                             2,508
<TOTAL-ASSETS>                              13,488,613
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       22,936
<TOTAL-LIABILITIES>                             22,936
<SENIOR-EQUITY>                              9,452,608
<PAID-IN-CAPITAL-COMMON>                             0
<SHARES-COMMON-STOCK>                        1,001,061
<SHARES-COMMON-PRIOR>                        1,056,782
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          11,967
<ACCUMULATED-NET-GAINS>                        979,015
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     3,049,021
<NET-ASSETS>                                13,468,677
<DIVIDEND-INCOME>                               33,390
<INTEREST-INCOME>                                  631
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  45,678
<NET-INVESTMENT-INCOME>                       (11,657)
<REALIZED-GAINS-CURRENT>                     1,005,740
<APPREC-INCREASE-CURRENT>                    2,736,985
<NET-CHANGE-FROM-OPS>                        3,731,068
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       12,681
<DISTRIBUTIONS-OF-GAINS>                       475,552
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         88,997
<NUMBER-OF-SHARES-REDEEMED>                    186,234
<SHARES-REINVESTED>                             41,516
<NET-CHANGE-IN-ASSETS>                       2,575,685
<ACCUMULATED-NII-PRIOR>                         12,399
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           36,262
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                 50,650
<AVERAGE-NET-ASSETS>                        12,150,863
<PER-SHARE-NAV-BEGIN>                           10.300
<PER-SHARE-NII>                                (0.011)
<PER-SHARE-GAIN-APPREC>                          3.563
<PER-SHARE-DIVIDEND>                             0.012
<PER-SHARE-DISTRIBUTIONS>                        0.450
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             13.390
<EXPENSE-RATIO>                                  0.750



</TABLE>


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