DELAWARE GROUP PREMIUM FUND
NSAR-A, EX-27.SERIES3-2, 2000-09-01
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<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000814230
<NAME> DELAWARE GROUP PREMIUM FUND
<SERIES>
   <NUMBER> 032
   <NAME> CAPTIAL RESERVE SERIES CLASS 2

<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1999
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                       30,018,375
<INVESTMENTS-AT-VALUE>                      29,317,878
<RECEIVABLES>                                1,243,567
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              30,561,445
<PAYABLE-FOR-SECURITIES>                     1,099,487
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                       32,366
<TOTAL-LIABILITIES>                          1,131,853
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    32,795,468
<SHARES-COMMON-STOCK>                              548
<SHARES-COMMON-PRIOR>                                0
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                       2,665,374
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (700,502)
<NET-ASSETS>                                     5,080
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            1,102,460
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 108,164
<NET-INVESTMENT-INCOME>                        994,243
<REALIZED-GAINS-CURRENT>                     (903,454)
<APPREC-INCREASE-CURRENT>                      547,603
<NET-CHANGE-FROM-OPS>                          638,445
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                           53
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          5,002
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                 46
<NET-CHANGE-IN-ASSETS>                     (7,271,493)
<ACCUMULATED-NII-PRIOR>                    (1,761,920)
<ACCUMULATED-GAINS-PRIOR>                  (1,248,105)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           78,712
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                      0
<AVERAGE-NET-ASSETS>                             5,000
<PER-SHARE-NAV-BEGIN>                            9.210
<PER-SHARE-NII>                                  0.097
<PER-SHARE-GAIN-APPREC>                          0.060
<PER-SHARE-DIVIDEND>                             0.970
<PER-SHARE-DISTRIBUTIONS>                        0.000
<RETURNS-OF-CAPITAL>                             0.000
<PER-SHARE-NAV-END>                              9.270
<EXPENSE-RATIO>                                  0.840



</TABLE>


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