VANGUARD ASSET ALLOCATION FUND INC
NSAR-B, 1994-11-22
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001 A000000 VANGUARD ASSET ALLOCATION FUND, INC.
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020 A000003 MERRILL LYNCH PIERCE FENNER & SMITH
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SIGNATURE   GARY P. SOURA                                
TITLE       ASST. VICE PRESIDENT
 


<TABLE> <S> <C>

<ARTICLE> 6
<RESTATED> 
<CIK> 0000836906
<NAME> VANGUARD ASSET ALLOCATION FUND, INC.
<MULTIPLIER> 1,000
<CURRENCY> US
       
<S>                             <C>
<PERIOD-TYPE>                   YEAR
<FISCAL-YEAR-END>                          SEP-30-1994
<PERIOD-START>                             OCT-01-1993
<PERIOD-END>                               SEP-30-1994
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                          1095793
<INVESTMENTS-AT-VALUE>                         1111608
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</TABLE>


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