VANGUARD ASSET ALLOCATION FUND INC
NSAR-A, 1998-05-26
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<PAGE>      PAGE  1
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001 A000000 VANGUARD ASSET ALLOCATION FUND, INC.
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SIGNATURE   GARY P. SOURA                                
TITLE       MANAGER             
 


<TABLE> <S> <C>

<ARTICLE> 6
<RESTATED> 
<CIK> 0000836906
<NAME> VANGUARD ASSET ALLOCATION FUND, INC.
<MULTIPLIER> 1000
<CURRENCY> US
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          SEP-30-1998
<PERIOD-START>                             OCT-01-1997
<PERIOD-END>                               MAR-31-1998
<EXCHANGE-RATE>                                      1
<INVESTMENTS-AT-COST>                          3985546
<INVESTMENTS-AT-VALUE>                         5014555
<RECEIVABLES>                                    50878
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<OTHER-ITEMS-ASSETS>                                 0
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<SHARES-COMMON-STOCK>                           210613
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                         227846
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                       1063743
<NET-ASSETS>                                   4884390
<DIVIDEND-INCOME>                                13030
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<EQUALIZATION>                                       0
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</TABLE>


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