VOYAGEUR MUTUAL FUNDS INC
NSAR-B, 1997-02-26
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<PAGE>      PAGE  1
000 B000000 12/31/96
000 C000000 906236
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 VOYAGEUR MUTUAL FUNDS, INC.
001 B000000 811-7742
001 C000000 6123767071
002 A000000 90
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55402
002 D020000 4115
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  9
007 C010100  1
007 C020100 IOWA TAX FREE
007 C030100 N
007 C010200  2
007 C020200 WISCONSIN TAX FREE
007 C030200 N
007 C010300  3
007 C020300 IDAHO TAX FREE
007 C030300 N
007 C010400  4
007 C020400 CALIFORNIA TAX FREE
007 C030400 N
007 C010500  5
007 C020500 ARIZONA TAX FREE
007 C030500 N
007 C010600  6
007 C020600 NATIONAL TAX FREE
007 C030600 N
007 C010700  7
007 C020700 MINNESOTA HIGH YIELD MUNICIPAL BOND
007 C030700 N
007 C010800  8
007 C020800 NATIONAL HIGH YIELD MUNICIPAL BOND
007 C030800 N
007 C010900  9
007 C020900 NEW YORK TAX FREE
007 C030900 N
007 C011000 10
<PAGE>      PAGE  2
008 A00AA01 VOYAGEUR FUND MANAGERS
008 B00AA01 A
008 C00AA01 801-20432
008 D01AA01 MINNEAPOLIS
008 D02AA01 MN
008 D03AA01 55402
008 D04AA01 4115
010 A00AA01 VOYAGEUR FUND DISTRIBUTORS
010 B00AA01 8-37934
010 C01AA01 MINNEAPOLIS
010 C02AA01 MN
010 C03AA01 55402
010 C04AA01 4115
011 A00AA01 VOYAGEUR FUND DISTRIBUTORS
011 B00AA01 8-37934
011 C01AA01 MINNEAPOLIS
011 C02AA01 MN
011 C03AA01 55402
011 C04AA01 4115
012 A00AA01 VOYAGEUR FUND MANAGERS
012 B00AA01 84-01744
012 C01AA01 MINNEAPOLIS
012 C02AA01 MN
012 C03AA01 55402
012 C04AA01 4115
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
014 A00AA01 DOUGHERTY FINANCIAL GROUP
014 B00AA01 8-21885
015 A00AA01 NORWEST BANK MINNESOTA
015 B00AA01 C
015 C01AA01 MINNEAPOLIS
015 C02AA01 MN
015 C03AA01 55479
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   42
019 C00AA00 VOYAGEURFU
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<PAGE>      PAGE  3
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022 A000010 BEAR STEARNS & COMPANY
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<PAGE>      PAGE  4
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055 A00AA00 N
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056  00AA00 N
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066 A00AA00 N
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<PAGE>      PAGE  5
070 C01AA00 Y
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070 D01AA00 N
070 D02AA00 N
070 E01AA00 N
070 E02AA00 N
070 F01AA00 N
070 F02AA00 N
070 G01AA00 N
070 G02AA00 N
070 H01AA00 N
070 H02AA00 N
070 I01AA00 N
070 I02AA00 N
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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<PAGE>      PAGE  15
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<PAGE>      PAGE  16
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<PAGE>      PAGE  17
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<PAGE>      PAGE  18
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<PAGE>      PAGE  19
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<PAGE>      PAGE  21
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  27
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<PAGE>      PAGE  31
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<PAGE>      PAGE  34
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<PAGE>      PAGE  37
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SIGNATURE   KEN LARSEN                                   
TITLE       TREASURER           
 


<TABLE> <S> <C>
                   
<ARTICLE>           6
<LEGEND>            
The schedule contains summary financial information extracted from the statement
of assets and liabilities,  statement of operations, statement of changes in net
assets  and  the  financial  highlights  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<CIK>                0000906236
<NAME>               Voyageur Mutual Funds, Inc.
<SERIES>
   <NUMBER>          1
   <NAME>            Voyageur Iowa Tax Free Fund
       
<S>                                                                         <C>
<PERIOD-TYPE>                                                              Year
<FISCAL-YEAR-END>                                                    Dec-31-1996
<PERIOD-START>                                                       Jan-01-1996
<PERIOD-END>                                                         Dec-31-1996
<INVESTMENTS-AT-COST>                                                41,050,168
<INVESTMENTS-AT-VALUE>                                               41,906,262
<RECEIVABLES>                                                           818,159
<ASSETS-OTHER>                                                           11,081
<OTHER-ITEMS-ASSETS>                                                          0
<TOTAL-ASSETS>                                                       42,735,502
<PAYABLE-FOR-SECURITIES>                                                      0
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                               382,913
<TOTAL-LIABILITIES>                                                     382,913
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                             43,283,332
<SHARES-COMMON-STOCK>                                                 4,404,751
<SHARES-COMMON-PRIOR>                                                 4,439,109
<ACCUMULATED-NII-CURRENT>                                                 3,486
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                              (1,790,323)
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                856,094
<NET-ASSETS>                                                         42,352,589
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                     2,430,645
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                          411,125
<NET-INVESTMENT-INCOME>                                               2,019,520
<REALIZED-GAINS-CURRENT>                                               (201,680)
<APPREC-INCREASE-CURRENT>                                              (803,926)
<NET-CHANGE-FROM-OPS>                                                 1,013,914
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                             2,024,799
<DISTRIBUTIONS-OF-GAINS>                                                      0
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                                 721,228
<NUMBER-OF-SHARES-REDEEMED>                                             895,671
<SHARES-REINVESTED>                                                     140,085
<NET-CHANGE-IN-ASSETS>                                               (1,302,140)
<ACCUMULATED-NII-PRIOR>                                                   5,656
<ACCUMULATED-GAINS-PRIOR>                                            (1,588,643)
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                   217,160
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                         474,304
<AVERAGE-NET-ASSETS>                                                 43,428,729
<PER-SHARE-NAV-BEGIN>                                                      9.83
<PER-SHARE-NII>                                                            0.44
<PER-SHARE-GAIN-APPREC>                                                   (0.21)
<PER-SHARE-DIVIDEND>                                                       0.44
<PER-SHARE-DISTRIBUTIONS>                                                  0.00
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                        9.62
<EXPENSE-RATIO>                                                           0.920
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>

<TABLE> <S> <C>
                                          
<ARTICLE>         6
<LEGEND>          
The schedule contains summary financial information extracted from the statement
of assets and liabilities,  statement of operations, statement of changes in net
assets  and  the  financial  highlights  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<CIK>              0000906236
<NAME>             Voyageur Mutual Funds, Inc.
<SERIES>
   <NUMBER>        2
   <NAME>          Voyageur Wisconsin Tax Free Fund
       
<S>                                                                         <C>
<PERIOD-TYPE>                                                              Year
<FISCAL-YEAR-END>                                                   Dec-31-1996
<PERIOD-START>                                                      Jan-01-1996
<PERIOD-END>                                                        Dec-31-1996
<INVESTMENTS-AT-COST>                                                28,790,059
<INVESTMENTS-AT-VALUE>                                               29,758,303
<RECEIVABLES>                                                           532,208
<ASSETS-OTHER>                                                            5,039
<OTHER-ITEMS-ASSETS>                                                     47,935
<TOTAL-ASSETS>                                                       30,343,485
<PAYABLE-FOR-SECURITIES>                                                      0
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                               156,855
<TOTAL-LIABILITIES>                                                     156,855
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                             29,804,587
<SHARES-COMMON-STOCK>                                                 3,132,544
<SHARES-COMMON-PRIOR>                                                 2,786,285
<ACCUMULATED-NII-CURRENT>                                                42,880
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                (629,081)
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                968,244
<NET-ASSETS>                                                         30,186,630
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                     1,662,237
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                          286,046
<NET-INVESTMENT-INCOME>                                               1,376,191
<REALIZED-GAINS-CURRENT>                                                 88,723
<APPREC-INCREASE-CURRENT>                                              (417,975)
<NET-CHANGE-FROM-OPS>                                                 1,046,939
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                             1,363,313
<DISTRIBUTIONS-OF-GAINS>                                                      0
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                                 647,395
<NUMBER-OF-SHARES-REDEEMED>                                             384,533
<SHARES-REINVESTED>                                                      83,397
<NET-CHANGE-IN-ASSETS>                                                2,940,144
<ACCUMULATED-NII-PRIOR>                                                  28,230
<ACCUMULATED-GAINS-PRIOR>                                              (717,804)
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                   141,262
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                         317,896
<AVERAGE-NET-ASSETS>                                                 28,232,962
<PER-SHARE-NAV-BEGIN>                                                      9.78
<PER-SHARE-NII>                                                            0.46
<PER-SHARE-GAIN-APPREC>                                                   (0.14)
<PER-SHARE-DIVIDEND>                                                       0.46
<PER-SHARE-DISTRIBUTIONS>                                                 (0.46)
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                        0.00
<EXPENSE-RATIO>                                                           0.980
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>

<TABLE> <S> <C>
                                          
<ARTICLE>          6
<LEGEND>           
The schedule contains summary financial information extracted from the statement
of assets and liabilities,  statement of operations, statement of changes in net
assets  and  the  financial  highlights  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<CIK>              0000906236
<NAME>             Voyageur Mutual Funds, Inc.
<SERIES>
   <NUMBER>        3
   <NAME>          Voyageur Idaho Tax Free Fund
       
<S>                                                                         <C>
<PERIOD-TYPE>                                                              Year
<FISCAL-YEAR-END>                                                   Dec-31-1996
<PERIOD-START>                                                      Jan-01-1996
<PERIOD-END>                                                        Dec-31-1996
<INVESTMENTS-AT-COST>                                                32,346,868
<INVESTMENTS-AT-VALUE>                                               32,955,170
<RECEIVABLES>                                                           668,395
<ASSETS-OTHER>                                                            5,500
<OTHER-ITEMS-ASSETS>                                                      5,970
<TOTAL-ASSETS>                                                       33,635,035
<PAYABLE-FOR-SECURITIES>                                                      0
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                               183,823
<TOTAL-LIABILITIES>                                                     183,823
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                             32,848,564
<SHARES-COMMON-STOCK>                                                 3,067,542
<SHARES-COMMON-PRIOR>                                                 1,480,027
<ACCUMULATED-NII-CURRENT>                                                34,828
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                 (40,482)
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                608,302
<NET-ASSETS>                                                         33,451,212
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                     1,550,032
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                          183,965
<NET-INVESTMENT-INCOME>                                               1,366,067
<REALIZED-GAINS-CURRENT>                                                (40,482)
<APPREC-INCREASE-CURRENT>                                                66,395
<NET-CHANGE-FROM-OPS>                                                 1,391,980
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                             1,333,478
<DISTRIBUTIONS-OF-GAINS>                                                      0
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                               1,710,671
<NUMBER-OF-SHARES-REDEEMED>                                             188,022
<SHARES-REINVESTED>                                                      64,866
<NET-CHANGE-IN-ASSETS>                                               17,144,168
<ACCUMULATED-NII-PRIOR>                                                     406
<ACCUMULATED-GAINS-PRIOR>                                                     0
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                   131,410
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                         323,524
<AVERAGE-NET-ASSETS>                                                 26,329,102
<PER-SHARE-NAV-BEGIN>                                                     11.02
<PER-SHARE-NII>                                                            0.58
<PER-SHARE-GAIN-APPREC>                                                   (0.12)
<PER-SHARE-DIVIDEND>                                                       0.57
<PER-SHARE-DISTRIBUTIONS>                                                  0.00
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                       10.91
<EXPENSE-RATIO>                                                           0.600
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>

<TABLE> <S> <C>
                                          
<ARTICLE>         6
<LEGEND>          
The schedule contains summary financial information extracted from the statement
of assets and liabilities,  statement of operations, statement of changes in net
assets  and  the  financial  highlights  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<CIK>           0000906236
<NAME>          Voyageur Mutual Funds, Inc.
<SERIES>
   <NUMBER>     4
   <NAME>       Voyageur California Tax Free Fund
       
<S>                                                                         <C>
<PERIOD-TYPE>                                                              Year
<FISCAL-YEAR-END>                                                    Dec-31-1996
<PERIOD-START>                                                       Jan-01-1996
<PERIOD-END>                                                         Dec-31-1996
<INVESTMENTS-AT-COST>                                                 2,015,486
<INVESTMENTS-AT-VALUE>                                                2,073,829
<RECEIVABLES>                                                            38,377
<ASSETS-OTHER>                                                                0
<OTHER-ITEMS-ASSETS>                                                          0
<TOTAL-ASSETS>                                                        2,112,206
<PAYABLE-FOR-SECURITIES>                                                100,101
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                                39,628
<TOTAL-LIABILITIES>                                                     139,729
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                              1,913,514
<SHARES-COMMON-STOCK>                                                   189,071
<SHARES-COMMON-PRIOR>                                                   107,134
<ACCUMULATED-NII-CURRENT>                                                   620
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                       0
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                 58,343
<NET-ASSETS>                                                          1,972,477
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                        86,417
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                            3,462
<NET-INVESTMENT-INCOME>                                                  82,955
<REALIZED-GAINS-CURRENT>                                                  6,790
<APPREC-INCREASE-CURRENT>                                                (5,178)
<NET-CHANGE-FROM-OPS>                                                    84,567
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                                82,710
<DISTRIBUTIONS-OF-GAINS>                                                  6,512
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                                 160,047
<NUMBER-OF-SHARES-REDEEMED>                                              83,419
<SHARES-REINVESTED>                                                       5,309
<NET-CHANGE-IN-ASSETS>                                                  832,457
<ACCUMULATED-NII-PRIOR>                                                     375
<ACCUMULATED-GAINS-PRIOR>                                                     0
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                     7,369
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                          45,699
<AVERAGE-NET-ASSETS>                                                  1,476,030
<PER-SHARE-NAV-BEGIN>                                                     10.64
<PER-SHARE-NII>                                                            0.60
<PER-SHARE-GAIN-APPREC>                                                   (0.18)
<PER-SHARE-DIVIDEND>                                                       0.60
<PER-SHARE-DISTRIBUTIONS>                                                 (0.03)
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                       10.43
<EXPENSE-RATIO>                                                           0.270
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>

<TABLE> <S> <C>
                                          
<ARTICLE>         6
<LEGEND>   
The schedule contains summary financial information extracted from the statement
of assets and liabilities,  statement of operations, statement of changes in net
assets  and  the  financial  highlights  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<CIK>       0000906236
<NAME>      Voyageur Mutual Funds, Inc.
<SERIES>
   <NUMBER> 5
   <NAME>   Voyageur Arizona Tax Free Fund
       
<S>                                                                         <C>
<PERIOD-TYPE>                                                              Year
<FISCAL-YEAR-END>                                                   Dec-31-1996
<PERIOD-START>                                                      Jan-01-1996
<PERIOD-END>                                                        Dec-31-1996
<INVESTMENTS-AT-COST>                                                12,739,558
<INVESTMENTS-AT-VALUE>                                               13,044,945
<RECEIVABLES>                                                           332,660
<ASSETS-OTHER>                                                                0
<OTHER-ITEMS-ASSETS>                                                      7,601
<TOTAL-ASSETS>                                                       13,385,206
<PAYABLE-FOR-SECURITIES>                                                      0
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                               116,775
<TOTAL-LIABILITIES>                                                     116,775
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                             12,962,106
<SHARES-COMMON-STOCK>                                                 1,240,351
<SHARES-COMMON-PRIOR>                                                   733,006
<ACCUMULATED-NII-CURRENT>                                                   938
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                       0
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                305,387
<NET-ASSETS>                                                         13,268,431
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                       653,895
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                           67,977
<NET-INVESTMENT-INCOME>                                                 585,918
<REALIZED-GAINS-CURRENT>                                                 43,350
<APPREC-INCREASE-CURRENT>                                                48,393
<NET-CHANGE-FROM-OPS>                                                   677,661
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                               585,694
<DISTRIBUTIONS-OF-GAINS>                                                 32,110
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                                 572,083
<NUMBER-OF-SHARES-REDEEMED>                                              95,739
<SHARES-REINVESTED>                                                      31,001
<NET-CHANGE-IN-ASSETS>                                                5,387,040
<ACCUMULATED-NII-PRIOR>                                                     714
<ACCUMULATED-GAINS-PRIOR>                                                     0
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                    55,464
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                         161,327
<AVERAGE-NET-ASSETS>                                                 11,107,208
<PER-SHARE-NAV-BEGIN>                                                     10.75
<PER-SHARE-NII>                                                            0.58
<PER-SHARE-GAIN-APPREC>                                                   (0.01)
<PER-SHARE-DIVIDEND>                                                       0.58
<PER-SHARE-DISTRIBUTIONS>                                                 (0.04)
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                       10.70
<EXPENSE-RATIO>                                                           0.460
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>

<TABLE> <S> <C>
                                            
<ARTICLE>         6
<LEGEND>          
The schedule contains summary financial information extracted from the statement
of assets and liabilities,  statement of operations, statement of changes in net
assets  and  the  financial  highlights  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<CIK>              0000906236
<NAME>             Voyageur Mutual Funds, Inc.
<SERIES>
   <NUMBER>        6
   <NAME>          Voyageur National Tax Free Fund
       
<S>                                                                         <C>
<PERIOD-TYPE>                                                              Year
<FISCAL-YEAR-END>                                                    Dec-31-1996
<PERIOD-START>                                                       Jan-01-1996
<PERIOD-END>                                                         Dec-31-1996
<INVESTMENTS-AT-COST>                                                 3,478,430
<INVESTMENTS-AT-VALUE>                                                3,557,703
<RECEIVABLES>                                                            65,073
<ASSETS-OTHER>                                                           16,162
<OTHER-ITEMS-ASSETS>                                                    127,259
<TOTAL-ASSETS>                                                        3,766,197
<PAYABLE-FOR-SECURITIES>                                                      0
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                                28,376
<TOTAL-LIABILITIES>                                                      28,376
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                              3,654,589
<SHARES-COMMON-STOCK>                                                   361,887
<SHARES-COMMON-PRIOR>                                                   141,205
<ACCUMULATED-NII-CURRENT>                                                 3,959
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                       0
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                 79,273
<NET-ASSETS>                                                          3,737,821
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                       143,891
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                            5,856
<NET-INVESTMENT-INCOME>                                                 138,035
<REALIZED-GAINS-CURRENT>                                                  1,777
<APPREC-INCREASE-CURRENT>                                                24,862
<NET-CHANGE-FROM-OPS>                                                   164,674
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                               139,574
<DISTRIBUTIONS-OF-GAINS>                                                  1,777
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                                 289,635
<NUMBER-OF-SHARES-REDEEMED>                                              75,793
<SHARES-REINVESTED>                                                       6,840
<NET-CHANGE-IN-ASSETS>                                                2,258,180
<ACCUMULATED-NII-PRIOR>                                                   1,090
<ACCUMULATED-GAINS-PRIOR>                                                     0
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                    12,665
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                          81,166
<AVERAGE-NET-ASSETS>                                                  2,539,116
<PER-SHARE-NAV-BEGIN>                                                     10.48
<PER-SHARE-NII>                                                            0.58
<PER-SHARE-GAIN-APPREC>                                                   (0.14)
<PER-SHARE-DIVIDEND>                                                       0.58
<PER-SHARE-DISTRIBUTIONS>                                                  0.01
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                       10.33
<EXPENSE-RATIO>                                                           0.340
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>

<TABLE> <S> <C>
                  
<ARTICLE>          6
<LEGEND>           
The schedule contains summary financial information extracted from the statement
of assets and liabilities,  statement of operations, statement of changes in net
assets  and  the  financial  highlights  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<CIK>              0000906236
<NAME>             Voyageur Mutual Funds, Inc.
<SERIES>
   <NUMBER>        7
   <NAME>          Voyageur Minnesota High Yield Municipal Bond Fund
       
<S>                                                                         <C>
<PERIOD-TYPE>                                                             Other
<FISCAL-YEAR-END>                                                   Dec-31-1996
<PERIOD-START>                                                      Jun-04-1996
<PERIOD-END>                                                        Dec-31-1996
<INVESTMENTS-AT-COST>                                                10,739,767
<INVESTMENTS-AT-VALUE>                                               10,828,628
<RECEIVABLES>                                                           164,581
<ASSETS-OTHER>                                                            6,077
<OTHER-ITEMS-ASSETS>                                                          0
<TOTAL-ASSETS>                                                       10,999,286
<PAYABLE-FOR-SECURITIES>                                                678,716
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                               615,019
<TOTAL-LIABILITIES>                                                   1,293,735
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                              9,620,296
<SHARES-COMMON-STOCK>                                                   953,429
<SHARES-COMMON-PRIOR>                                                         0
<ACCUMULATED-NII-CURRENT>                                                 3,203
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                  (6,809)
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                 88,861
<NET-ASSETS>                                                          9,705,551
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                       156,337
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                           11,036
<NET-INVESTMENT-INCOME>                                                 145,301
<REALIZED-GAINS-CURRENT>                                                 (6,809)
<APPREC-INCREASE-CURRENT>                                                88,861
<NET-CHANGE-FROM-OPS>                                                   227,353
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                               142,901
<DISTRIBUTIONS-OF-GAINS>                                                      0
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                               1,065,664
<NUMBER-OF-SHARES-REDEEMED>                                             118,651
<SHARES-REINVESTED>                                                       6,416
<NET-CHANGE-IN-ASSETS>                                                9,705,551
<ACCUMULATED-NII-PRIOR>                                                       0
<ACCUMULATED-GAINS-PRIOR>                                                     0
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                    17,203
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                          59,956
<AVERAGE-NET-ASSETS>                                                  4,590,929
<PER-SHARE-NAV-BEGIN>                                                     10.00
<PER-SHARE-NII>                                                            0.35
<PER-SHARE-GAIN-APPREC>                                                    0.18
<PER-SHARE-DIVIDEND>                                                       0.35
<PER-SHARE-DISTRIBUTIONS>                                                  0.00
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                       10.18
<EXPENSE-RATIO>                                                           0.240
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>

<TABLE> <S> <C>
                                         
<ARTICLE>         6
<LEGEND>          
The schedule contains summary financial information extracted from the statement
of assets and liabilities,  statement of operations, statement of changes in net
assets  and  the  financial  highlights  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<CIK>             0000906236
<NAME>            Voyageur Mutual Funds, Inc.
<SERIES>
   <NUMBER>       8
   <NAME>         Voyageur National High Yield Municipal Bond Fund
       
<S>                                                                         <C>
<PERIOD-TYPE>                                                             Other
<FISCAL-YEAR-END>                                                   Dec-31-1996
<PERIOD-START>                                                      Aug-01-1996
<PERIOD-END>                                                        Dec-31-1996
<INVESTMENTS-AT-COST>                                                57,652,166
<INVESTMENTS-AT-VALUE>                                               59,898,630
<RECEIVABLES>                                                         1,039,209
<ASSETS-OTHER>                                                                0
<OTHER-ITEMS-ASSETS>                                                          0
<TOTAL-ASSETS>                                                       60,937,839
<PAYABLE-FOR-SECURITIES>                                                997,500
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                               747,363
<TOTAL-LIABILITIES>                                                   1,744,863
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                             57,063,441
<SHARES-COMMON-STOCK>                                                 5,693,366
<SHARES-COMMON-PRIOR>                                                 6,230,204
<ACCUMULATED-NII-CURRENT>                                                 5,622
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                (122,551)
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                              2,246,464
<NET-ASSETS>                                                         59,192,976
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                     1,767,468
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                          220,650
<NET-INVESTMENT-INCOME>                                               1,546,818
<REALIZED-GAINS-CURRENT>                                                (97,077)
<APPREC-INCREASE-CURRENT>                                             1,323,262
<NET-CHANGE-FROM-OPS>                                                 2,773,003
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                             1,541,196
<DISTRIBUTIONS-OF-GAINS>                                                      0
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                                 221,586
<NUMBER-OF-SHARES-REDEEMED>                                             819,364
<SHARES-REINVESTED>                                                      60,940
<NET-CHANGE-IN-ASSETS>                                               (4,266,719)
<ACCUMULATED-NII-PRIOR>                                                       0
<ACCUMULATED-GAINS-PRIOR>                                               (25,474)
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                   140,548
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                         273,673
<AVERAGE-NET-ASSETS>                                                 61,005,342
<PER-SHARE-NAV-BEGIN>                                                     10.19
<PER-SHARE-NII>                                                            0.26
<PER-SHARE-GAIN-APPREC>                                                    0.21
<PER-SHARE-DIVIDEND>                                                       0.26
<PER-SHARE-DISTRIBUTIONS>                                                  0.00
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                       10.40
<EXPENSE-RATIO>                                                           0.870
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>

<TABLE> <S> <C>
                                          
<ARTICLE>           6
<LEGEND>            
The schedule contains summary financial information extracted from the statement
of assets and liabilities,  statement of operations, statement of changes in net
assets  and  the  financial  highlights  and is  qualified  in its  entirety  by
reference to such financial statements.
</LEGEND>
<CIK>                0000906236
<NAME>               Voyageur Mutual Funds, Inc.
<SERIES>
   <NUMBER>          9
   <NAME>            Voyageur New York Tax Free Fund
       
<S>                                                                         <C>
<PERIOD-TYPE>                                                              Year
<FISCAL-YEAR-END>                                                   Dec-31-1996
<PERIOD-START>                                                      Oct-01-1996
<PERIOD-END>                                                        Dec-31-1996
<INVESTMENTS-AT-COST>                                                 9,894,118
<INVESTMENTS-AT-VALUE>                                               10,678,831
<RECEIVABLES>                                                           223,985
<ASSETS-OTHER>                                                                0
<OTHER-ITEMS-ASSETS>                                                        567
<TOTAL-ASSETS>                                                       10,903,383
<PAYABLE-FOR-SECURITIES>                                                495,064
<SENIOR-LONG-TERM-DEBT>                                                       0
<OTHER-ITEMS-LIABILITIES>                                                56,918
<TOTAL-LIABILITIES>                                                     551,982
<SENIOR-EQUITY>                                                               0
<PAID-IN-CAPITAL-COMMON>                                              9,585,769
<SHARES-COMMON-STOCK>                                                   968,861
<SHARES-COMMON-PRIOR>                                                 1,030,678
<ACCUMULATED-NII-CURRENT>                                                 3,148
<OVERDISTRIBUTION-NII>                                                        0
<ACCUMULATED-NET-GAINS>                                                 (22,229)
<OVERDISTRIBUTION-GAINS>                                                      0
<ACCUM-APPREC-OR-DEPREC>                                                784,713
<NET-ASSETS>                                                         10,351,401
<DIVIDEND-INCOME>                                                             0
<INTEREST-INCOME>                                                       169,598
<OTHER-INCOME>                                                                0
<EXPENSES-NET>                                                           26,965
<NET-INVESTMENT-INCOME>                                                 142,633
<REALIZED-GAINS-CURRENT>                                                 11,285
<APPREC-INCREASE-CURRENT>                                                (6,168)
<NET-CHANGE-FROM-OPS>                                                   147,750
<EQUALIZATION>                                                                0
<DISTRIBUTIONS-OF-INCOME>                                               144,091
<DISTRIBUTIONS-OF-GAINS>                                                 37,521
<DISTRIBUTIONS-OTHER>                                                         0
<NUMBER-OF-SHARES-SOLD>                                                   7,506
<NUMBER-OF-SHARES-REDEEMED>                                              79,302
<SHARES-REINVESTED>                                                       9,979
<NET-CHANGE-IN-ASSETS>                                                 (697,432)
<ACCUMULATED-NII-PRIOR>                                                   4,606
<ACCUMULATED-GAINS-PRIOR>                                                 4,956
<OVERDISTRIB-NII-PRIOR>                                                       0
<OVERDIST-NET-GAINS-PRIOR>                                                    0
<GROSS-ADVISORY-FEES>                                                    17,615
<INTEREST-EXPENSE>                                                            0
<GROSS-EXPENSE>                                                          61,894
<AVERAGE-NET-ASSETS>                                                 10,729,670
<PER-SHARE-NAV-BEGIN>                                                     10.72
<PER-SHARE-NII>                                                            0.12
<PER-SHARE-GAIN-APPREC>                                                    0.01
<PER-SHARE-DIVIDEND>                                                       0.12
<PER-SHARE-DISTRIBUTIONS>                                                 (0.04)
<RETURNS-OF-CAPITAL>                                                       0.00
<PER-SHARE-NAV-END>                                                       10.69
<EXPENSE-RATIO>                                                           0.970
<AVG-DEBT-OUTSTANDING>                                                        0
<AVG-DEBT-PER-SHARE>                                                          0
        

</TABLE>


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