VOYAGEUR FUNDS INC
NSAR-A, 1998-06-17
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<PAGE>      PAGE  1
000 A000000 04/30/98
000 C000000 0000819799
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 VOYAGEUR FUNDS, INC.
001 B000000 811-5267
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  1
007 C010100  1
007 C020100 DELAWARE-VOYAGEUR US GOV'T SECURITIES FUND
007 C030100 N
007 C010200  2
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
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007 C010800  8
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022 D000001     26058
022 A000002 MERRILL LYNCH PIERCE
022 C000002     29098
022 D000002     39135
022 A000003 GOLDMAN SACHS AND CO.
022 C000003     53492
022 D000003         0
022 A000004 FIRST BOSTON
022 C000004     10540
022 D000004     27817
022 A000005 BEAR STEARNS AND CO.
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022 D000005     17302
022 A000006 SPEAR LEEDS AND KELLOG
022 C000006     10366
<PAGE>      PAGE  2
022 D000006      9585
022 A000007 J.P. MORGAN AND CO.
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022 A000008 HONG KONG SHAGHAI BANK
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022 D000008      7187
022 A000009 PRUDENTIAL-BACHE SECURITIES
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022 A000010 PRUDENTIAL SECURITIES CORP.
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SIGNATURE   DONNA D. BRYEN                               
TITLE       ASSISTANT VP        
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819799
<NAME> VOYAGEUR FUNDS, INC.
<SERIES>
   <NUMBER> 011
   <NAME> DELAWARE-VOYAGEUR US GOV'T SECURITIES FUND A CLASS
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                       83,133,784
<INVESTMENTS-AT-VALUE>                      83,647,038
<RECEIVABLES>                                4,844,818
<ASSETS-OTHER>                                  53,733
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              88,545,589
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      540,060
<TOTAL-LIABILITIES>                            540,060
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    89,565,515
<SHARES-COMMON-STOCK>                        4,682,457
<SHARES-COMMON-PRIOR>                        4,926,222
<ACCUMULATED-NII-CURRENT>                        (181)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,073,059)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       513,254
<NET-ASSETS>                                49,753,710
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,967,976
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 476,225
<NET-INVESTMENT-INCOME>                      2,491,751
<REALIZED-GAINS-CURRENT>                     1,453,974
<APPREC-INCREASE-CURRENT>                  (1,120,647)
<NET-CHANGE-FROM-OPS>                        2,825,078
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,395,556
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                        189,781
<NUMBER-OF-SHARES-REDEEMED>                    524,682
<SHARES-REINVESTED>                             91,136
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<ACCUMULATED-GAINS-PRIOR>                  (3,524,032)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          234,899
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                279,930
<AVERAGE-NET-ASSETS>                        50,798,974
<PER-SHARE-NAV-BEGIN>                           10.600
<PER-SHARE-NII>                                  0.276
<PER-SHARE-GAIN-APPREC>                          0.039
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<PER-SHARE-NAV-END>                             10.630
<EXPENSE-RATIO>                                  0.960
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819799
<NAME> VOYAGEUR FUNDS, INC.
<SERIES>
   <NUMBER> 012
   <NAME> DELAWARE-VOYAGEUR US GOV'T SECURITIES FUND B CLASS
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-END>                               APR-30-1998
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<INVESTMENTS-AT-VALUE>                      83,647,038
<RECEIVABLES>                                4,844,818
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<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              88,545,589
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<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      540,060
<TOTAL-LIABILITIES>                            540,060
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    89,565,515
<SHARES-COMMON-STOCK>                          256,635
<SHARES-COMMON-PRIOR>                          212,656
<ACCUMULATED-NII-CURRENT>                        (181)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,073,059)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                 2,730,601
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,967,976
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 476,225
<NET-INVESTMENT-INCOME>                      2,491,751
<REALIZED-GAINS-CURRENT>                     1,453,974
<APPREC-INCREASE-CURRENT>                  (1,120,647)
<NET-CHANGE-FROM-OPS>                        2,825,078
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       57,839
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-REDEEMED>                     18,847
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<ACCUMULATED-GAINS-PRIOR>                  (3,524,032)
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<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          234,899
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                279,930
<AVERAGE-NET-ASSETS>                         2,460,706
<PER-SHARE-NAV-BEGIN>                           10.610
<PER-SHARE-NII>                                  0.239
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<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                             10.639
<EXPENSE-RATIO>                                  1.710
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819799
<NAME> VOYAGEUR FUNDS, INC.
<SERIES>
   <NUMBER> 013
   <NAME> DELAWARE-VOYAGEUR US GOV'T SECURITIES FUND C CLASS
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                       83,133,784
<INVESTMENTS-AT-VALUE>                      83,647,038
<RECEIVABLES>                                4,844,818
<ASSETS-OTHER>                                  53,733
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              88,545,589
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      540,060
<TOTAL-LIABILITIES>                            540,060
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    89,565,515
<SHARES-COMMON-STOCK>                           15,463
<SHARES-COMMON-PRIOR>                           13,022
<ACCUMULATED-NII-CURRENT>                        (181)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,073,059)
<OVERDISTRIBUTION-GAINS>                             0
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<NET-ASSETS>                                   164,188
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,967,976
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 476,225
<NET-INVESTMENT-INCOME>                      2,491,751
<REALIZED-GAINS-CURRENT>                     1,453,974
<APPREC-INCREASE-CURRENT>                  (1,120,647)
<NET-CHANGE-FROM-OPS>                        2,825,078
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        3,269
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          3,409
<NUMBER-OF-SHARES-REDEEMED>                      1,027
<SHARES-REINVESTED>                                 59
<NET-CHANGE-IN-ASSETS>                    (12,190,936)
<ACCUMULATED-NII-PRIOR>                         82,004
<ACCUMULATED-GAINS-PRIOR>                  (3,524,032)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          234,899
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                279,930
<AVERAGE-NET-ASSETS>                           138,666
<PER-SHARE-NAV-BEGIN>                           10.590
<PER-SHARE-NII>                                  0.239
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<PER-SHARE-DIVIDEND>                             0.247
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<EXPENSE-RATIO>                                  1.710
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        


</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0000819799
<NAME> VOYAGEUR FUNDS, INC.
<SERIES>
   <NUMBER> 014
   <NAME> DELAWARE-VOYAGEUR US GOV'T SECURITIES FUND INST CLASS
<MULTIPLIER> 1
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1998
<PERIOD-END>                               APR-30-1998
<INVESTMENTS-AT-COST>                       83,133,784
<INVESTMENTS-AT-VALUE>                      83,647,038
<RECEIVABLES>                                4,844,818
<ASSETS-OTHER>                                  53,733
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                              88,545,589
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      540,060
<TOTAL-LIABILITIES>                            540,060
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    89,565,515
<SHARES-COMMON-STOCK>                        3,325,918
<SHARES-COMMON-PRIOR>                        4,299,490
<ACCUMULATED-NII-CURRENT>                        (181)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                    (2,073,059)
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<ACCUM-APPREC-OR-DEPREC>                       513,254
<NET-ASSETS>                                35,357,030
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                            2,967,976
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 476,225
<NET-INVESTMENT-INCOME>                      2,491,751
<REALIZED-GAINS-CURRENT>                     1,453,974
<APPREC-INCREASE-CURRENT>                  (1,120,647)
<NET-CHANGE-FROM-OPS>                        2,825,078
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    1,117,272   
<DISTRIBUTIONS-OF-GAINS>                             0
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<NUMBER-OF-SHARES-SOLD>                        648,357
<NUMBER-OF-SHARES-REDEEMED>                  1,705,137
<SHARES-REINVESTED>                             83,209  
<NET-CHANGE-IN-ASSETS>                    (12,190,936)
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<ACCUMULATED-GAINS-PRIOR>                  (3,524,032)
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<AVG-DEBT-OUTSTANDING>                               0
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</TABLE>


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