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<PAGE> PAGE 14
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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080 A000800 FIDELITY & DEPOSIT INSURANCE CO. OF MARYLAND
080 C000800 11300
081 A000800 Y
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082 A000800 N
082 B000800 0
008 A000901 LINCOLN INVESTMENT MANAGEMENT INC.
008 B000901 A
008 C000901 801-5098
008 D010901 FORT WAYNE
008 D020901 IN
008 D030901 46802
015 A000901 INVESTORS BANK & TRUST COMPANY
015 B000901 C
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<PAGE> PAGE 42
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<PAGE> PAGE 43
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070 A020900 Y
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070 C010900 N
070 C020900 N
070 D010900 N
070 D020900 N
070 E010900 N
070 E020900 N
070 F010900 N
070 F020900 N
070 G010900 N
070 G020900 N
070 H010900 N
070 H020900 N
070 I010900 N
070 I020900 N
070 J010900 N
070 J020900 N
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070 K020900 N
070 L010900 N
070 L020900 N
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<PAGE> PAGE 44
070 M020900 N
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<PAGE> PAGE 45
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080 A000900 FIDELITY & DEPOSIT INSURANCE CO. OF MARYLAND
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SIGNATURE DAVID G. HUMES
TITLE ASST. V.P. & CAO
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended October 31, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 11
<NAME> Lincoln Growth and Income, Class A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 20,761,419
<INVESTMENTS-AT-VALUE> 22,617,145
<RECEIVABLES> 182,345
<ASSETS-OTHER> 6,430
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22,805,920
<PAYABLE-FOR-SECURITIES> 1,261,464
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 160,718
<TOTAL-LIABILITIES> 1,422,182
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,095,891
<SHARES-COMMON-STOCK> 1,185,195
<SHARES-COMMON-PRIOR> 1,072,029
<ACCUMULATED-NII-CURRENT> 20,387
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 411,734
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,855,726
<NET-ASSETS> 13,297,253
<DIVIDEND-INCOME> 230,521
<INTEREST-INCOME> 80,547
<OTHER-INCOME> 0
<EXPENSES-NET> 206,597
<NET-INVESTMENT-INCOME> 104,471
<REALIZED-GAINS-CURRENT> 251,026
<APPREC-INCREASE-CURRENT> 1,746,066
<NET-CHANGE-FROM-OPS> 2,101,563
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 82,711
<DISTRIBUTIONS-OF-GAINS> 267,001
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 86,373
<NUMBER-OF-SHARES-REDEEMED> 10,399
<SHARES-REINVESTED> 37,192
<NET-CHANGE-IN-ASSETS> 2,860,459
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 354,897
<OVERDISTRIB-NII-PRIOR> (11,981)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 139,813
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349,107
<AVERAGE-NET-ASSETS> 11,833,896
<PER-SHARE-NAV-BEGIN> 9.74
<PER-SHARE-NII> 0.09
<PER-SHARE-GAIN-APPREC> 1.71
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.32)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.22
<EXPENSE-RATIO> 1.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended October 31, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 12
<NAME> Lincoln Growth and Income, Class B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 20,761,419
<INVESTMENTS-AT-VALUE> 22,617,145
<RECEIVABLES> 182,345
<ASSETS-OTHER> 6,430
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22,805,920
<PAYABLE-FOR-SECURITIES> 1,261,464
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 160,718
<TOTAL-LIABILITIES> 1,422,182
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,095,891
<SHARES-COMMON-STOCK> 120,358
<SHARES-COMMON-PRIOR> 59,360
<ACCUMULATED-NII-CURRENT> 20,387
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 411,734
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,855,726
<NET-ASSETS> 1,307,566
<DIVIDEND-INCOME> 18,966
<INTEREST-INCOME> 6,627
<OTHER-INCOME> 0
<EXPENSES-NET> 23,322
<NET-INVESTMENT-INCOME> 2,271
<REALIZED-GAINS-CURRENT> 28,666
<APPREC-INCREASE-CURRENT> 136,792
<NET-CHANGE-FROM-OPS> 167,729
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4,970
<DISTRIBUTIONS-OF-GAINS> 19,100
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 65,262
<NUMBER-OF-SHARES-REDEEMED> 6,830
<SHARES-REINVESTED> 2,566
<NET-CHANGE-IN-ASSETS> 744,387
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 354,897
<OVERDISTRIB-NII-PRIOR> (11,981)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 139,813
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349,107
<AVERAGE-NET-ASSETS> 971,000
<PER-SHARE-NAV-BEGIN> 9.49
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 1.64
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.31)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.86
<EXPENSE-RATIO> 2.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended October 31, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 13
<NAME> Lincoln Growth and Income, Class C
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 20,761,419
<INVESTMENTS-AT-VALUE> 22,617,145
<RECEIVABLES> 182,345
<ASSETS-OTHER> 6,430
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22,805,920
<PAYABLE-FOR-SECURITIES> 1,261,464
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 160,718
<TOTAL-LIABILITIES> 1,422,182
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,095,891
<SHARES-COMMON-STOCK> 6,406
<SHARES-COMMON-PRIOR> 2,416
<ACCUMULATED-NII-CURRENT> 20,387
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 411,734
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,855,726
<NET-ASSETS> 73,181
<DIVIDEND-INCOME> 834
<INTEREST-INCOME> 291
<OTHER-INCOME> 0
<EXPENSES-NET> 1,025
<NET-INVESTMENT-INCOME> 100
<REALIZED-GAINS-CURRENT> 1,402
<APPREC-INCREASE-CURRENT> 5,453
<NET-CHANGE-FROM-OPS> 6,955
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 191
<DISTRIBUTIONS-OF-GAINS> 653
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,279
<NUMBER-OF-SHARES-REDEEMED> 379
<SHARES-REINVESTED> 90
<NET-CHANGE-IN-ASSETS> 49,115
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 354,897
<OVERDISTRIB-NII-PRIOR> (11,981)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 139,813
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349,107
<AVERAGE-NET-ASSETS> 42,636
<PER-SHARE-NAV-BEGIN> 9.96
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 1.72
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.30)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.42
<EXPENSE-RATIO> 2.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended October 31, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 14
<NAME> Lincoln Growth and Income, Class D
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 20,761,419
<INVESTMENTS-AT-VALUE> 22,617,145
<RECEIVABLES> 182,345
<ASSETS-OTHER> 6,430
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 22,805,920
<PAYABLE-FOR-SECURITIES> 1,261,464
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 160,718
<TOTAL-LIABILITIES> 1,422,182
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 19,095,891
<SHARES-COMMON-STOCK> 597,948
<SHARES-COMMON-PRIOR> 269,040
<ACCUMULATED-NII-CURRENT> 20,387
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 411,734
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,855,726
<NET-ASSETS> 6,705,738
<DIVIDEND-INCOME> 90,157
<INTEREST-INCOME> 31,502
<OTHER-INCOME> 0
<EXPENSES-NET> 64,911
<NET-INVESTMENT-INCOME> 56,748
<REALIZED-GAINS-CURRENT> 144,280
<APPREC-INCREASE-CURRENT> 650,583
<NET-CHANGE-FROM-OPS> 851,611
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 55,332
<DISTRIBUTIONS-OF-GAINS> 81,783
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 404,257
<NUMBER-OF-SHARES-REDEEMED> 89,601
<SHARES-REINVESTED> 14,252
<NET-CHANGE-IN-ASSETS> 4,086,022
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 354,897
<OVERDISTRIB-NII-PRIOR> (11,981)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 139,813
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349,107
<AVERAGE-NET-ASSETS> 4,629,340
<PER-SHARE-NAV-BEGIN> 9.74
<PER-SHARE-NII> 0.12
<PER-SHARE-GAIN-APPREC> 1.71
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.36)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.21
<EXPENSE-RATIO> 1.40
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 21
<NAME> Lincoln Enterprise, Class A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 16,835,673
<INVESTMENTS-AT-VALUE> 19,969,372
<RECEIVABLES> 272,471
<ASSETS-OTHER> 6,371
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20,248,214
<PAYABLE-FOR-SECURITIES> 104,111
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 100,898
<TOTAL-LIABILITIES> 205,009
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,573,452
<SHARES-COMMON-STOCK> 1,285,890
<SHARES-COMMON-PRIOR> 1,149,276
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (663,946)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,133,699
<NET-ASSETS> 14,507,841
<DIVIDEND-INCOME> 72,402
<INTEREST-INCOME> 51,946
<OTHER-INCOME> 0
<EXPENSES-NET> 226,408
<NET-INVESTMENT-INCOME> (102,060)
<REALIZED-GAINS-CURRENT> 781,913
<APPREC-INCREASE-CURRENT> 1,917,282
<NET-CHANGE-FROM-OPS> 2,597,135
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 165,155
<NUMBER-OF-SHARES-REDEEMED> 28,541
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3,928,988
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,615,958)
<OVERDISTRIB-NII-PRIOR> (5,017)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 116,353
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349,733
<AVERAGE-NET-ASSETS> 12,252,710
<PER-SHARE-NAV-BEGIN> 9.20
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> 2.16
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.28
<EXPENSE-RATIO> 1.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 22
<NAME> Lincoln Enterprise, Class B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 16,835,673
<INVESTMENTS-AT-VALUE> 19,969,372
<RECEIVABLES> 272,471
<ASSETS-OTHER> 6,371
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20,248,214
<PAYABLE-FOR-SECURITIES> 104,111
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 100,898
<TOTAL-LIABILITIES> 205,009
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,573,452
<SHARES-COMMON-STOCK> 151,465
<SHARES-COMMON-PRIOR> 77,581
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (663,946)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,133,699
<NET-ASSETS> 1,811,208
<DIVIDEND-INCOME> 7,247
<INTEREST-INCOME> 5,200
<OTHER-INCOME> 0
<EXPENSES-NET> 31,196
<NET-INVESTMENT-INCOME> (18,749)
<REALIZED-GAINS-CURRENT> 85,373
<APPREC-INCREASE-CURRENT> 202,776
<NET-CHANGE-FROM-OPS> 269,401
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 81,179
<NUMBER-OF-SHARES-REDEEMED> 7,295
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 1,050,169
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,615,958)
<OVERDISTRIB-NII-PRIOR> (5,017)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 116,353
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349,733
<AVERAGE-NET-ASSETS> 1,247,473
<PER-SHARE-NAV-BEGIN> 9.81
<PER-SHARE-NII> (0.12)
<PER-SHARE-GAIN-APPREC> 2.27
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.96
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 23
<NAME> Lincoln Enterprise, Class C
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 16,835,673
<INVESTMENTS-AT-VALUE> 19,969,372
<RECEIVABLES> 272,471
<ASSETS-OTHER> 6,371
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20,248,214
<PAYABLE-FOR-SECURITIES> 104,111
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 100,898
<TOTAL-LIABILITIES> 205,009
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,573,452
<SHARES-COMMON-STOCK> 4,767
<SHARES-COMMON-PRIOR> 3,744
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (663,946)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,133,699
<NET-ASSETS> 58,186
<DIVIDEND-INCOME> 286
<INTEREST-INCOME> 205
<OTHER-INCOME> 0
<EXPENSES-NET> 1,214
<NET-INVESTMENT-INCOME> (723)
<REALIZED-GAINS-CURRENT> 3,319
<APPREC-INCREASE-CURRENT> 7,980
<NET-CHANGE-FROM-OPS> 10,576
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,660
<NUMBER-OF-SHARES-REDEEMED> 637
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 20,657
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,615,958)
<OVERDISTRIB-NII-PRIOR> (5,017)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 116,353
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349,733
<AVERAGE-NET-ASSETS> 48,603
<PER-SHARE-NAV-BEGIN> 10.02
<PER-SHARE-NII> (0.15)
<PER-SHARE-GAIN-APPREC> 2.34
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.21
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 24
<NAME> Lincoln Enterprise, Class D
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 16,835,673
<INVESTMENTS-AT-VALUE> 19,969,372
<RECEIVABLES> 272,471
<ASSETS-OTHER> 6,371
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 20,248,214
<PAYABLE-FOR-SECURITIES> 104,111
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 100,898
<TOTAL-LIABILITIES> 205,009
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 17,573,452
<SHARES-COMMON-STOCK> 324,385
<SHARES-COMMON-PRIOR> 25,391
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (663,946)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,133,699
<NET-ASSETS> 3,665,970
<DIVIDEND-INCOME> 5,383
<INTEREST-INCOME> 3,862
<OTHER-INCOME> 0
<EXPENSES-NET> 15,187
<NET-INVESTMENT-INCOME> (5,942)
<REALIZED-GAINS-CURRENT> 81,406
<APPREC-INCREASE-CURRENT> 37,499
<NET-CHANGE-FROM-OPS> 112,963
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 308,608
<NUMBER-OF-SHARES-REDEEMED> 9,614
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3,431,651
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1,615,958)
<OVERDISTRIB-NII-PRIOR> (5,017)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 116,353
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 349,733
<AVERAGE-NET-ASSETS> 995,838
<PER-SHARE-NAV-BEGIN> 9.23
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 2.09
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.30
<EXPENSE-RATIO> 1.53
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 31
<NAME> Lincoln U.S. Growth, Class A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 14,027,492
<INVESTMENTS-AT-VALUE> 19,064,562
<RECEIVABLES> 34,890
<ASSETS-OTHER> 4,935
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19,104,387
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 117,099
<TOTAL-LIABILITIES> 117,099
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,192,613
<SHARES-COMMON-STOCK> 1,092,021
<SHARES-COMMON-PRIOR> 1,045,272
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,242,395)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,037,070
<NET-ASSETS> 13,573,827
<DIVIDEND-INCOME> 82,144
<INTEREST-INCOME> 29,855
<OTHER-INCOME> 0
<EXPENSES-NET> 214,018
<NET-INVESTMENT-INCOME> (102,019)
<REALIZED-GAINS-CURRENT> (382,763)
<APPREC-INCREASE-CURRENT> 2,899,956
<NET-CHANGE-FROM-OPS> 2,415,175
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 52,639
<NUMBER-OF-SHARES-REDEEMED> 5,890
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 2,903,932
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (765,893)
<OVERDISTRIB-NII-PRIOR> (10,026)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 105,965
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 314,354
<AVERAGE-NET-ASSETS> 11,574,220
<PER-SHARE-NAV-BEGIN> 10.21
<PER-SHARE-NII> (0.09)
<PER-SHARE-GAIN-APPREC> 2.31
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.43
<EXPENSE-RATIO> 1.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 32
<NAME> Lincoln U.S. Growth, Class B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 14,027,492
<INVESTMENTS-AT-VALUE> 19,064,562
<RECEIVABLES> 34,890
<ASSETS-OTHER> 4,935
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19,104,387
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 117,099
<TOTAL-LIABILITIES> 117,099
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,192,613
<SHARES-COMMON-STOCK> 45,992
<SHARES-COMMON-PRIOR> 20,092
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,242,395)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,037,070
<NET-ASSETS> 566,975
<DIVIDEND-INCOME> 2,714
<INTEREST-INCOME> 987
<OTHER-INCOME> 0
<EXPENSES-NET> 9,967
<NET-INVESTMENT-INCOME> (6,266)
<REALIZED-GAINS-CURRENT> (11,518)
<APPREC-INCREASE-CURRENT> 111,602
<NET-CHANGE-FROM-OPS> 93,817
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 26,729
<NUMBER-OF-SHARES-REDEEMED> 829
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 362,248
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (765,893)
<OVERDISTRIB-NII-PRIOR> (10,026)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 105,965
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 314,354
<AVERAGE-NET-ASSETS> 398,264
<PER-SHARE-NAV-BEGIN> 10.19
<PER-SHARE-NII> (0.14)
<PER-SHARE-GAIN-APPREC> 2.28
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.33
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 33
<NAME> Lincoln U.S. Growth, Class C
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 14,027,492
<INVESTMENTS-AT-VALUE> 19,064,562
<RECEIVABLES> 34,890
<ASSETS-OTHER> 4,935
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19,104,387
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 117,099
<TOTAL-LIABILITIES> 117,099
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,192,613
<SHARES-COMMON-STOCK> 2,113
<SHARES-COMMON-PRIOR> 480
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,242,395)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,037,070
<NET-ASSETS> 27,138
<DIVIDEND-INCOME> 84
<INTEREST-INCOME> 30
<OTHER-INCOME> 0
<EXPENSES-NET> 320
<NET-INVESTMENT-INCOME> (206)
<REALIZED-GAINS-CURRENT> (306)
<APPREC-INCREASE-CURRENT> 3,780
<NET-CHANGE-FROM-OPS> 3,269
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,865
<NUMBER-OF-SHARES-REDEEMED> 232
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 22,041
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (765,893)
<OVERDISTRIB-NII-PRIOR> (10,026)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 105,965
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 314,354
<AVERAGE-NET-ASSETS> 12,766
<PER-SHARE-NAV-BEGIN> 10.62
<PER-SHARE-NII> (0.10)
<PER-SHARE-GAIN-APPREC> 2.33
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.85
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 34
<NAME> Lincoln U.S. Growth, Class D
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 14,027,492
<INVESTMENTS-AT-VALUE> 19,064,562
<RECEIVABLES> 34,890
<ASSETS-OTHER> 4,935
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19,104,387
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 117,099
<TOTAL-LIABILITIES> 117,099
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,192,613
<SHARES-COMMON-STOCK> 385,639
<SHARES-COMMON-PRIOR> 159,450
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1,242,395)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,037,070
<NET-ASSETS> 4,819,348
<DIVIDEND-INCOME> 21,048
<INTEREST-INCOME> 7,650
<OTHER-INCOME> 0
<EXPENSES-NET> 47,382
<NET-INVESTMENT-INCOME> (18,684)
<REALIZED-GAINS-CURRENT> (81,915)
<APPREC-INCREASE-CURRENT> 878,103
<NET-CHANGE-FROM-OPS> 777,502
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 307,706
<NUMBER-OF-SHARES-REDEEMED> 81,517
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3,188,534
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (765,893)
<OVERDISTRIB-NII-PRIOR> (10,026)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 105,965
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 314,354
<AVERAGE-NET-ASSETS> 3,152,815
<PER-SHARE-NAV-BEGIN> 10.23
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> 2.32
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 12.50
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 41
<NAME> Lincoln World Growth, Class A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 12,601,602
<INVESTMENTS-AT-VALUE> 14,383,500
<RECEIVABLES> 75,064
<ASSETS-OTHER> 6,159
<OTHER-ITEMS-ASSETS> 13,029
<TOTAL-ASSETS> 14,477,752
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 73,603
<TOTAL-LIABILITIES> 73,603
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,819,006
<SHARES-COMMON-STOCK> 1,141,508
<SHARES-COMMON-PRIOR> 1,065,988
<ACCUMULATED-NII-CURRENT> 28,952
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (226,230)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,782,421
<NET-ASSETS> 13,017,521
<DIVIDEND-INCOME> 191,861
<INTEREST-INCOME> 29,285
<OTHER-INCOME> 0
<EXPENSES-NET> 221,255
<NET-INVESTMENT-INCOME> (109)
<REALIZED-GAINS-CURRENT> (54,104)
<APPREC-INCREASE-CURRENT> 560,406
<NET-CHANGE-FROM-OPS> 506,192
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 9,506
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 87,908
<NUMBER-OF-SHARES-REDEEMED> 13,283
<SHARES-REINVESTED> 895
<NET-CHANGE-IN-ASSETS> 1,296,273
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (117,654)
<OVERDISTRIB-NII-PRIOR> (7,747)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 142,529
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 381,859
<AVERAGE-NET-ASSETS> 11,961,598
<PER-SHARE-NAV-BEGIN> 11.00
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 0.40
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.01)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.40
<EXPENSE-RATIO> 1.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 42
<NAME> Lincoln World Growth, Class B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 12,601,602
<INVESTMENTS-AT-VALUE> 14,383,500
<RECEIVABLES> 75,064
<ASSETS-OTHER> 6,159
<OTHER-ITEMS-ASSETS> 13,029
<TOTAL-ASSETS> 14,477,752
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 73,603
<TOTAL-LIABILITIES> 73,603
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,819,006
<SHARES-COMMON-STOCK> 110,409
<SHARES-COMMON-PRIOR> 50,340
<ACCUMULATED-NII-CURRENT> 28,952
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (226,230)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,782,421
<NET-ASSETS> 1,182,741
<DIVIDEND-INCOME> 14,182
<INTEREST-INCOME> 2,165
<OTHER-INCOME> 0
<EXPENSES-NET> 21,202
<NET-INVESTMENT-INCOME> (4,855)
<REALIZED-GAINS-CURRENT> (1,541)
<APPREC-INCREASE-CURRENT> 60,774
<NET-CHANGE-FROM-OPS> 54,378
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,209
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 66,883
<NUMBER-OF-SHARES-REDEEMED> 6,937
<SHARES-REINVESTED> 123
<NET-CHANGE-IN-ASSETS> 658,979
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (117,654)
<OVERDISTRIB-NII-PRIOR> (7,747)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 142,529
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 381,859
<AVERAGE-NET-ASSETS> 846,863
<PER-SHARE-NAV-BEGIN> 10.40
<PER-SHARE-NII> (0.02)
<PER-SHARE-GAIN-APPREC> 0.35
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.02)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.71
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 43
<NAME> Lincoln World Growth, Class C
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 12,601,602
<INVESTMENTS-AT-VALUE> 14,383,500
<RECEIVABLES> 75,064
<ASSETS-OTHER> 6,159
<OTHER-ITEMS-ASSETS> 13,029
<TOTAL-ASSETS> 14,477,752
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 73,603
<TOTAL-LIABILITIES> 73,603
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,819,006
<SHARES-COMMON-STOCK> 3,999
<SHARES-COMMON-PRIOR> 3,719
<ACCUMULATED-NII-CURRENT> 28,952
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (226,230)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,782,421
<NET-ASSETS> 42,905
<DIVIDEND-INCOME> 665
<INTEREST-INCOME> 102
<OTHER-INCOME> 0
<EXPENSES-NET> 1,021
<NET-INVESTMENT-INCOME> (254)
<REALIZED-GAINS-CURRENT> (146)
<APPREC-INCREASE-CURRENT> 2,279
<NET-CHANGE-FROM-OPS> 1,879
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 104
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,735
<NUMBER-OF-SHARES-REDEEMED> 1,466
<SHARES-REINVESTED> 11
<NET-CHANGE-IN-ASSETS> 4,112
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (117,654)
<OVERDISTRIB-NII-PRIOR> (7,747)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 142,529
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 381,859
<AVERAGE-NET-ASSETS> 40,845
<PER-SHARE-NAV-BEGIN> 10.43
<PER-SHARE-NII> (0.06)
<PER-SHARE-GAIN-APPREC> 0.39
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.03)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.73
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 44
<NAME> Lincoln World Growth, Class D
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 12,601,602
<INVESTMENTS-AT-VALUE> 14,383,500
<RECEIVABLES> 75,064
<ASSETS-OTHER> 6,159
<OTHER-ITEMS-ASSETS> 13,029
<TOTAL-ASSETS> 14,477,752
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 73,603
<TOTAL-LIABILITIES> 73,603
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,819,006
<SHARES-COMMON-STOCK> 14,072
<SHARES-COMMON-PRIOR> 5,779
<ACCUMULATED-NII-CURRENT> 28,952
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (226,230)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,782,421
<NET-ASSETS> 160,982
<DIVIDEND-INCOME> 1,784
<INTEREST-INCOME> 272
<OTHER-INCOME> 0
<EXPENSES-NET> 1,622
<NET-INVESTMENT-INCOME> 434
<REALIZED-GAINS-CURRENT> (218)
<APPREC-INCREASE-CURRENT> 8,099
<NET-CHANGE-FROM-OPS> 8,315
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 263
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,800
<NUMBER-OF-SHARES-REDEEMED> 2,532
<SHARES-REINVESTED> 25
<NET-CHANGE-IN-ASSETS> 97,322
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (117,654)
<OVERDISTRIB-NII-PRIOR> (7,747)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 142,529
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 381,859
<AVERAGE-NET-ASSETS> 107,936
<PER-SHARE-NAV-BEGIN> 11.02
<PER-SHARE-NII> 0.04
<PER-SHARE-GAIN-APPREC> 0.41
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.03)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.44
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 51
<NAME> Lincoln New Pacific, Class A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,767,716
<INVESTMENTS-AT-VALUE> 10,728,423
<RECEIVABLES> 172,088
<ASSETS-OTHER> 5,833
<OTHER-ITEMS-ASSETS> 346,436
<TOTAL-ASSETS> 11,252,780
<PAYABLE-FOR-SECURITIES> 180,125
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 66,239
<TOTAL-LIABILITIES> 246,364
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,546,983
<SHARES-COMMON-STOCK> 1,188,455
<SHARES-COMMON-PRIOR> 1,085,290
<ACCUMULATED-NII-CURRENT> (9,219)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (507,330)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,024,018)
<NET-ASSETS> 10,353,101
<DIVIDEND-INCOME> 104,877
<INTEREST-INCOME> 23,547
<OTHER-INCOME> 0
<EXPENSES-NET> 190,178
<NET-INVESTMENT-INCOME> (61,754)
<REALIZED-GAINS-CURRENT> (364,438)
<APPREC-INCREASE-CURRENT> (1,179,866)
<NET-CHANGE-FROM-OPS> (1,606,059)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 316,289
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 88,098
<NUMBER-OF-SHARES-REDEEMED> 18,925
<SHARES-REINVESTED> 33,992
<NET-CHANGE-IN-ASSETS> (980,733)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 295,028
<OVERDISTRIB-NII-PRIOR> (10,033)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 119,820
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 402,651
<AVERAGE-NET-ASSETS> 10,280,853
<PER-SHARE-NAV-BEGIN> 10.44
<PER-SHARE-NII> (0.05)
<PER-SHARE-GAIN-APPREC> (1.39)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.29)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 8.71
<EXPENSE-RATIO> 1.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 52
<NAME> Lincoln New Pacific, Class B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,767,716
<INVESTMENTS-AT-VALUE> 10,728,423
<RECEIVABLES> 172,088
<ASSETS-OTHER> 5,833
<OTHER-ITEMS-ASSETS> 346,436
<TOTAL-ASSETS> 11,252,780
<PAYABLE-FOR-SECURITIES> 180,125
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 66,239
<TOTAL-LIABILITIES> 246,364
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,546,983
<SHARES-COMMON-STOCK> 63,648
<SHARES-COMMON-PRIOR> 39,703
<ACCUMULATED-NII-CURRENT> (9,219)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (507,330)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,024,018)
<NET-ASSETS> 573,331
<DIVIDEND-INCOME> 5,698
<INTEREST-INCOME> 1,279
<OTHER-INCOME> 0
<EXPENSES-NET> 13,446
<NET-INVESTMENT-INCOME> (6,469)
<REALIZED-GAINS-CURRENT> (21,237)
<APPREC-INCREASE-CURRENT> (46,838)
<NET-CHANGE-FROM-OPS> (74,544)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 15,095
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 36,512
<NUMBER-OF-SHARES-REDEEMED> 14,072
<SHARES-REINVESTED> 1,505
<NET-CHANGE-IN-ASSETS> 142,239
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 295,028
<OVERDISTRIB-NII-PRIOR> (10,033)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 119,820
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 402,651
<AVERAGE-NET-ASSETS> 537,370
<PER-SHARE-NAV-BEGIN> 10.86
<PER-SHARE-NII> (0.10)
<PER-SHARE-GAIN-APPREC> (1.46)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.29)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.01
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 53
<NAME> Lincoln New Pacific, Class C
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,767,716
<INVESTMENTS-AT-VALUE> 10,728,423
<RECEIVABLES> 172,088
<ASSETS-OTHER> 5,833
<OTHER-ITEMS-ASSETS> 346,436
<TOTAL-ASSETS> 11,252,780
<PAYABLE-FOR-SECURITIES> 180,125
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 66,239
<TOTAL-LIABILITIES> 246,364
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,546,983
<SHARES-COMMON-STOCK> 1,980
<SHARES-COMMON-PRIOR> 1,183
<ACCUMULATED-NII-CURRENT> (9,219)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (507,330)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,024,018)
<NET-ASSETS> 17,490
<DIVIDEND-INCOME> 192
<INTEREST-INCOME> 43
<OTHER-INCOME> 0
<EXPENSES-NET> 398
<NET-INVESTMENT-INCOME> (163)
<REALIZED-GAINS-CURRENT> (626)
<APPREC-INCREASE-CURRENT> (798)
<NET-CHANGE-FROM-OPS> (1,586)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 342
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,031
<NUMBER-OF-SHARES-REDEEMED> 271
<SHARES-REINVESTED> 37
<NET-CHANGE-IN-ASSETS> 4,885
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 295,028
<OVERDISTRIB-NII-PRIOR> (10,033)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 119,820
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 402,651
<AVERAGE-NET-ASSETS> 15,894
<PER-SHARE-NAV-BEGIN> 10.66
<PER-SHARE-NII> (0.08)
<PER-SHARE-GAIN-APPREC> (1.46)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.29)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 8.83
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 54
<NAME> Lincoln New Pacific, Class D
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,767,716
<INVESTMENTS-AT-VALUE> 10,728,423
<RECEIVABLES> 172,088
<ASSETS-OTHER> 5,833
<OTHER-ITEMS-ASSETS> 346,436
<TOTAL-ASSETS> 11,252,780
<PAYABLE-FOR-SECURITIES> 180,125
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 66,239
<TOTAL-LIABILITIES> 246,364
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,546,983
<SHARES-COMMON-STOCK> 7,126
<SHARES-COMMON-PRIOR> 4,561
<ACCUMULATED-NII-CURRENT> (9,219)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (507,330)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (1,024,018)
<NET-ASSETS> 62,494
<DIVIDEND-INCOME> 645
<INTEREST-INCOME> 145
<OTHER-INCOME> 0
<EXPENSES-NET> 884
<NET-INVESTMENT-INCOME> (94)
<REALIZED-GAINS-CURRENT> (2,309)
<APPREC-INCREASE-CURRENT> (4,352)
<NET-CHANGE-FROM-OPS> (6,755)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 1,631
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,883
<NUMBER-OF-SHARES-REDEEMED> 494
<SHARES-REINVESTED> 176
<NET-CHANGE-IN-ASSETS> 14,717
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 295,028
<OVERDISTRIB-NII-PRIOR> (10,033)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 119,820
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 402,651
<AVERAGE-NET-ASSETS> 58,871
<PER-SHARE-NAV-BEGIN> 10.48
<PER-SHARE-NII> (0.01)
<PER-SHARE-GAIN-APPREC> (1.41)
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.29)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 8.77
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 61
<NAME> Lincoln Government Income, Class A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,907,686
<INVESTMENTS-AT-VALUE> 12,058,039
<RECEIVABLES> 1,048,500
<ASSETS-OTHER> 6,550
<OTHER-ITEMS-ASSETS> 32,500
<TOTAL-ASSETS> 13,145,589
<PAYABLE-FOR-SECURITIES> 741,350
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 49,262
<TOTAL-LIABILITIES> 790,612
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,486,146
<SHARES-COMMON-STOCK> 1,128,893
<SHARES-COMMON-PRIOR> 1,056,011
<ACCUMULATED-NII-CURRENT> 5,468
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (286,990)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 150,353
<NET-ASSETS> 11,061,948
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 756,217
<OTHER-INCOME> 0
<EXPENSES-NET> 129,133
<NET-INVESTMENT-INCOME> 627,084
<REALIZED-GAINS-CURRENT> 284,615
<APPREC-INCREASE-CURRENT> 423,198
<NET-CHANGE-FROM-OPS> 1,334,897
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 620,799
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13,148
<NUMBER-OF-SHARES-REDEEMED> 5,486
<SHARES-REINVESTED> 65,220
<NET-CHANGE-IN-ASSETS> 1,403,688
<ACCUMULATED-NII-PRIOR> 15,024
<ACCUMULATED-GAINS-PRIOR> (602,768)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 33,749
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 224,746
<AVERAGE-NET-ASSETS> 10,331,128
<PER-SHARE-NAV-BEGIN> 9.15
<PER-SHARE-NII> 0.57
<PER-SHARE-GAIN-APPREC> 0.65
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.57)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.80
<EXPENSE-RATIO> 1.25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 62
<NAME> Lincoln Government Income, Class B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,907,686
<INVESTMENTS-AT-VALUE> 12,058,039
<RECEIVABLES> 1,048,500
<ASSETS-OTHER> 6,550
<OTHER-ITEMS-ASSETS> 32,500
<TOTAL-ASSETS> 13,145,589
<PAYABLE-FOR-SECURITIES> 741,350
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 49,262
<TOTAL-LIABILITIES> 790,612
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,486,146
<SHARES-COMMON-STOCK> 29,209
<SHARES-COMMON-PRIOR> 24,503
<ACCUMULATED-NII-CURRENT> 5,468
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (286,990)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 150,353
<NET-ASSETS> 299,270
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 19,418
<OTHER-INCOME> 0
<EXPENSES-NET> 5,036
<NET-INVESTMENT-INCOME> 14,382
<REALIZED-GAINS-CURRENT> 7,585
<APPREC-INCREASE-CURRENT> 10,652
<NET-CHANGE-FROM-OPS> 32,620
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 19,661
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,642
<NUMBER-OF-SHARES-REDEEMED> 634
<SHARES-REINVESTED> 1,698
<NET-CHANGE-IN-ASSETS> 59,539
<ACCUMULATED-NII-PRIOR> 15,024
<ACCUMULATED-GAINS-PRIOR> (602,768)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 33,749
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 224,746
<AVERAGE-NET-ASSETS> 264,959
<PER-SHARE-NAV-BEGIN> 9.78
<PER-SHARE-NII> 0.57
<PER-SHARE-GAIN-APPREC> 0.65
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.75)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.25
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 63
<NAME> Lincoln Government Income, Class C
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,907,686
<INVESTMENTS-AT-VALUE> 12,058,039
<RECEIVABLES> 1,048,500
<ASSETS-OTHER> 6,550
<OTHER-ITEMS-ASSETS> 32,500
<TOTAL-ASSETS> 13,145,589
<PAYABLE-FOR-SECURITIES> 741,350
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 49,262
<TOTAL-LIABILITIES> 790,612
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,486,146
<SHARES-COMMON-STOCK> 1,416
<SHARES-COMMON-PRIOR> 5,071
<ACCUMULATED-NII-CURRENT> 5,468
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (286,990)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 150,353
<NET-ASSETS> 14,696
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 492
<OTHER-INCOME> 0
<EXPENSES-NET> 138
<NET-INVESTMENT-INCOME> 354
<REALIZED-GAINS-CURRENT> (252)
<APPREC-INCREASE-CURRENT> 382
<NET-CHANGE-FROM-OPS> 485
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 224
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,394
<NUMBER-OF-SHARES-REDEEMED> 5,071
<SHARES-REINVESTED> 22
<NET-CHANGE-IN-ASSETS> (34,943)
<ACCUMULATED-NII-PRIOR> 15,024
<ACCUMULATED-GAINS-PRIOR> (602,768)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 33,749
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 224,746
<AVERAGE-NET-ASSETS> 7,478
<PER-SHARE-NAV-BEGIN> 9.79
<PER-SHARE-NII> 0.63
<PER-SHARE-GAIN-APPREC> 0.47
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.51)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.38
<EXPENSE-RATIO> 1.85
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 64
<NAME> Lincoln Government Income, Class D
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,907,686
<INVESTMENTS-AT-VALUE> 12,058,039
<RECEIVABLES> 1,048,500
<ASSETS-OTHER> 6,550
<OTHER-ITEMS-ASSETS> 32,500
<TOTAL-ASSETS> 13,145,589
<PAYABLE-FOR-SECURITIES> 741,350
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 49,262
<TOTAL-LIABILITIES> 790,612
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 12,486,146
<SHARES-COMMON-STOCK> 101,971
<SHARES-COMMON-PRIOR> 38,592
<ACCUMULATED-NII-CURRENT> 5,468
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (286,990)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 150,353
<NET-ASSETS> 979,063
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 47,076
<OTHER-INCOME> 0
<EXPENSES-NET> 5,825
<NET-INVESTMENT-INCOME> 41,251
<REALIZED-GAINS-CURRENT> 23,316
<APPREC-INCREASE-CURRENT> 19,343
<NET-CHANGE-FROM-OPS> 83,910
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 51,430
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 75,898
<NUMBER-OF-SHARES-REDEEMED> 18,066
<SHARES-REINVESTED> 5,547
<NET-CHANGE-IN-ASSETS> 625,901
<ACCUMULATED-NII-PRIOR> 15,024
<ACCUMULATED-GAINS-PRIOR> (602,768)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 33,749
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 224,746
<AVERAGE-NET-ASSETS> 645,731
<PER-SHARE-NAV-BEGIN> 9.15
<PER-SHARE-NII> 0.69
<PER-SHARE-GAIN-APPREC> 0.54
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.78)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.60
<EXPENSE-RATIO> 0.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 71
<NAME> Lincoln Corporate Income, Class A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 14,733,850
<INVESTMENTS-AT-VALUE> 15,291,187
<RECEIVABLES> 344,559
<ASSETS-OTHER> 6,278
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,642,024
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 54,166
<TOTAL-LIABILITIES> 54,166
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,567,374
<SHARES-COMMON-STOCK> 1,180,087
<SHARES-COMMON-PRIOR> 1,093,714
<ACCUMULATED-NII-CURRENT> 2,057
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (538,910)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 557,337
<NET-ASSETS> 11,517,879
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 830,799
<OTHER-INCOME> 0
<EXPENSES-NET> 131,666
<NET-INVESTMENT-INCOME> 699,133
<REALIZED-GAINS-CURRENT> 68,791
<APPREC-INCREASE-CURRENT> 961,066
<NET-CHANGE-FROM-OPS> 1,728,990
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 633,907
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 25,773
<NUMBER-OF-SHARES-REDEEMED> 6,735
<SHARES-REINVESTED> 67,335
<NET-CHANGE-IN-ASSETS> 1,897,410
<ACCUMULATED-NII-PRIOR> 772
<ACCUMULATED-GAINS-PRIOR> (643,261)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40,247
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 236,876
<AVERAGE-NET-ASSETS> 10,536,636
<PER-SHARE-NAV-BEGIN> 8.80
<PER-SHARE-NII> 0.61
<PER-SHARE-GAIN-APPREC> 0.91
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.56)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.76
<EXPENSE-RATIO> 1.25
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 72
<NAME> Lincoln Corporate Income, Class B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 14,733,850
<INVESTMENTS-AT-VALUE> 15,291,187
<RECEIVABLES> 344,559
<ASSETS-OTHER> 6,278
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,642,024
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 54,166
<TOTAL-LIABILITIES> 54,166
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,567,374
<SHARES-COMMON-STOCK> 34,619
<SHARES-COMMON-PRIOR> 22,910
<ACCUMULATED-NII-CURRENT> 2,057
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (538,910)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 557,337
<NET-ASSETS> 361,777
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 23,529
<OTHER-INCOME> 0
<EXPENSES-NET> 5,686
<NET-INVESTMENT-INCOME> 17,843
<REALIZED-GAINS-CURRENT> 2,595
<APPREC-INCREASE-CURRENT> 26,841
<NET-CHANGE-FROM-OPS> 47,280
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 24,234
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,034
<NUMBER-OF-SHARES-REDEEMED> 677
<SHARES-REINVESTED> 2,352
<NET-CHANGE-IN-ASSETS> 138,805
<ACCUMULATED-NII-PRIOR> 772
<ACCUMULATED-GAINS-PRIOR> (643,261)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40,247
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 236,876
<AVERAGE-NET-ASSETS> 299,099
<PER-SHARE-NAV-BEGIN> 9.73
<PER-SHARE-NII> 0.66
<PER-SHARE-GAIN-APPREC> 0.91
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.85)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.45
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 73
<NAME> Lincoln Corporate Income, Class C
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 14,733,850
<INVESTMENTS-AT-VALUE> 15,291,187
<RECEIVABLES> 344,559
<ASSETS-OTHER> 6,278
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,642,024
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 54,166
<TOTAL-LIABILITIES> 54,166
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,567,374
<SHARES-COMMON-STOCK> 448
<SHARES-COMMON-PRIOR> 1,001
<ACCUMULATED-NII-CURRENT> 2,057
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (538,910)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 557,337
<NET-ASSETS> 4,677
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 406
<OTHER-INCOME> 0
<EXPENSES-NET> 101
<NET-INVESTMENT-INCOME> 305
<REALIZED-GAINS-CURRENT> (99)
<APPREC-INCREASE-CURRENT> 597
<NET-CHANGE-FROM-OPS> 803
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 604
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 445
<NUMBER-OF-SHARES-REDEEMED> 1,004
<SHARES-REINVESTED> 6
<NET-CHANGE-IN-ASSETS> (5,135)
<ACCUMULATED-NII-PRIOR> 772
<ACCUMULATED-GAINS-PRIOR> (643,261)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40,247
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 236,876
<AVERAGE-NET-ASSETS> 5,308
<PER-SHARE-NAV-BEGIN> 9.80
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> 1.33
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.87)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.44
<EXPENSE-RATIO> 1.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 74
<NAME> Lincoln Corporate Income, Class D
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 14,733,850
<INVESTMENTS-AT-VALUE> 15,291,187
<RECEIVABLES> 344,559
<ASSETS-OTHER> 6,278
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 15,642,024
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 54,166
<TOTAL-LIABILITIES> 54,166
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,567,374
<SHARES-COMMON-STOCK> 390,199
<SHARES-COMMON-PRIOR> 147,326
<ACCUMULATED-NII-CURRENT> 2,057
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (538,910)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 557,337
<NET-ASSETS> 3,703,525
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 202,081
<OTHER-INCOME> 0
<EXPENSES-NET> 23,213
<NET-INVESTMENT-INCOME> 178,868
<REALIZED-GAINS-CURRENT> 33,064
<APPREC-INCREASE-CURRENT> 231,085
<NET-CHANGE-FROM-OPS> 443,017
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 236,120
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 307,225
<NUMBER-OF-SHARES-REDEEMED> 90,608
<SHARES-REINVESTED> 26,256
<NET-CHANGE-IN-ASSETS> 2,401,293
<ACCUMULATED-NII-PRIOR> 772
<ACCUMULATED-GAINS-PRIOR> (643,261)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 40,247
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 236,876
<AVERAGE-NET-ASSETS> 2,574,145
<PER-SHARE-NAV-BEGIN> 8.84
<PER-SHARE-NII> 0.73
<PER-SHARE-GAIN-APPREC> 0.78
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.86)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.49
<EXPENSE-RATIO> 0.90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 81
<NAME> Lincoln Tax-Free Income, Class A
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,068,221
<INVESTMENTS-AT-VALUE> 10,935,018
<RECEIVABLES> 239,212
<ASSETS-OTHER> 6,460
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 11,180,690
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 50,600
<TOTAL-LIABILITIES> 50,600
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,264,858
<SHARES-COMMON-STOCK> 1,115,574
<SHARES-COMMON-PRIOR> 1,057,514
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1,565)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (133,203)
<NET-ASSETS> 10,949,759
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 550,520
<OTHER-INCOME> 0
<EXPENSES-NET> 112,339
<NET-INVESTMENT-INCOME> 438,181
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 964,323
<NET-CHANGE-FROM-OPS> 1,402,504
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 437,188
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 15,484
<NUMBER-OF-SHARES-REDEEMED> 3,463
<SHARES-REINVESTED> 46,039
<NET-CHANGE-IN-ASSETS> 1,511,068
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (1,630)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 31,052
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 223,567
<AVERAGE-NET-ASSETS> 10,212,412
<PER-SHARE-NAV-BEGIN> 8.93
<PER-SHARE-NII> 0.40
<PER-SHARE-GAIN-APPREC> 0.89
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.40)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 9.82
<EXPENSE-RATIO> 1.10
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 82
<NAME> Lincoln Tax-Free Income, Class B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,068,221
<INVESTMENTS-AT-VALUE> 10,935,018
<RECEIVABLES> 239,212
<ASSETS-OTHER> 6,460
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 11,180,690
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 50,600
<TOTAL-LIABILITIES> 50,600
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,264,858
<SHARES-COMMON-STOCK> 16,308
<SHARES-COMMON-PRIOR> 9,900
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1,565)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (133,203)
<NET-ASSETS> 169,947
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 6,749
<OTHER-INCOME> 0
<EXPENSES-NET> 2,199
<NET-INVESTMENT-INCOME> 4,550
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 11,783
<NET-CHANGE-FROM-OPS> 16,333
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 6,574
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6,324
<NUMBER-OF-SHARES-REDEEMED> 438
<SHARES-REINVESTED> 522
<NET-CHANGE-IN-ASSETS> 74,244
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (1,630)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 31,052
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 223,567
<AVERAGE-NET-ASSETS> 125,488
<PER-SHARE-NAV-BEGIN> 9.67
<PER-SHARE-NII> 0.43
<PER-SHARE-GAIN-APPREC> 0.88
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.56)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.42
<EXPENSE-RATIO> 1.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 83
<NAME> Lincoln Tax-Free Income, Class C
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,068,221
<INVESTMENTS-AT-VALUE> 10,935,018
<RECEIVABLES> 239,212
<ASSETS-OTHER> 6,460
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 11,180,690
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 50,600
<TOTAL-LIABILITIES> 50,600
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 11,264,858
<SHARES-COMMON-STOCK> 1,017
<SHARES-COMMON-PRIOR> 750
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (1,565)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (133,203)
<NET-ASSETS> 10,384
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 670
<OTHER-INCOME> 0
<EXPENSES-NET> 216
<NET-INVESTMENT-INCOME> 454
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 1,418
<NET-CHANGE-FROM-OPS> 1,872
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 988
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,070
<NUMBER-OF-SHARES-REDEEMED> 1,873
<SHARES-REINVESTED> 70
<NET-CHANGE-IN-ASSETS> 3,156
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> (1,630)
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 31,052
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 223,567
<AVERAGE-NET-ASSETS> 12,318
<PER-SHARE-NAV-BEGIN> 9.64
<PER-SHARE-NII> 0.13
<PER-SHARE-GAIN-APPREC> 1.10
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> (0.66)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.21
<EXPENSE-RATIO> 1.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information
extracted from Lincoln Advisor Funds, Inc.
form N-SAR for the period ended April 30, 1995
and is qualified in its entirety by reference to
such financial statements.
</LEGEND>
<SERIES>
<NUMBER> 91
<NAME> Lincoln Cashfund, Regular
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-1995
<PERIOD-END> OCT-31-1995
<INVESTMENTS-AT-COST> 11,434,499
<INVESTMENTS-AT-VALUE> 11,434,499
<RECEIVABLES> 45,017
<ASSETS-OTHER> 6,087
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 11,485,603
<PAYABLE-FOR-SECURITIES> 0
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</TABLE>
REPORT OF INDEPENDENT ACCOUNTANTS
To the Shareholders of
Lincoln Advisor Funds, Inc.:
In planning and performing our audit of the financial
statements and financial highlights of Lincoln Advisor Funds,
Inc. for the year ended October 31, 1995 we considered its
internal control structure, including procedures for
safeguarding securities, in order to determine our auditing
procedures for the purpose of expressing an opinion on the
financial statements and financial highlights and to comply with
the requirements of Form N-SAR, not to provide assurance on the
internal control structure.
The management of Lincoln Advisor Funds, Inc. is responsible
for establishing and maintaining an internal control structure.
In fulfilling this responsibility, estimates and judgements by
management are required to assess the expected benefits and
related costs of internal control structure policies and
procedures. Two of the objectives of an internal control
structure are to provide management with reasonable, but not
absolute, assurance that assets are safeguarded against loss
from unauthorized use or disposition and that transactions are
executed in accordance with management's authorization and
recorded properly to permit preparation of financial statements
in accordance with generally accepted accounting principles.
Because of inherent limitations in any internal control
structure, errors or irregularities may occur and not be
detected. Also, projection of any evaluation of the structure
to future periods is subject to the risk that it may become
inadequate because of changes in conditions or that the
effectiveness of the design and operations may deteriorate.
Our consideration of the internal control structure would not
necessarily disclose all matters in the internal control
structure that might be material weaknesses under standards
established by the American Institute of Certified Public
Accountants. A material weakness is a condition in which the
design or operation of the specific internal control structure
elements does not reduce to a relatively low level the risk that
errors or irregularities in amounts that would be material in
relation to the financial statements and financial highlights
being audited may occur and not be detected within a timely
period by employees in the normal course of performing their
assigned functions. However, we noted no matters involving the
internal control structure, including procedures for
safeguarding securities, that we consider to be material
weaknesses, as defined above, as of October 31, 1995.
This report is intended solely for the information and use of
management of Lincoln Advisor Funds, Inc. and the Securities and
Exchange Commission.
COOPERS & LYBRAND L.L.P.
Boston, Massachusetts
December 12, 1995
To the Shareholders of
Lincoln Advisor Funds, Inc.:
We have examined the accompanying description of the overview of
operations and control procedures of Investors Bank & Trust
Company (Section I), recordkeeper for the Lincoln Advisor Funds,
Inc. (the "Fund"), related to the Daily Allocation Calculation
Worksheet (the "Worksheet"). Our examination included
procedures to obtain reasonable assurance about whether (1) the
accompanying description presents fairly, in all material
respects, the aspects of Investors Bank & Trust Company's
policies and procedures, with respect to the Worksheet, that may
be relevant to the Fund's internal control structure, (2) the
control structure policies and procedures included in the
description were suitably designed to achieve the control
objectives specified in the description, if those policies and
procedures were complied with satisfactorily, and (3) such
policies and procedures had been placed in operation as of
December 3, 1993. The control objectives were specified by the
order pursuant to Section 6(c) of the Investment Company Act of
1940, filed with the Securities and Exchange Commission on
December 3, 1993 (the "Exemptive Order"). Our examination was
performed in accordance with standards established by the
American Institute of Certified Public Accountants and included
those procedures we considered necessary in the circumstances to
obtain a reasonable basis for rendering our opinion.
In our opinion, the accompanying description of the
aforementioned overview of operations and control procedures
presents fairly, in all material respects, the relevant aspects
of Investors Bank & Trust Company's policies and procedures,
with respect to the Worksheet, that had been placed in operation
as of December 3, 1993. Also, in our opinion, the policies and
procedures, as described, are suitably designed to provide
reasonable assurance that the specified control objectives would
be achieved if the described policies and procedures were
complied with satisfactorily and the Fund applied the internal
control structure policies and procedures contemplated in the
design of Investors Bank & Trust Company's policies and
procedures with respect to the Worksheet.
In addition to the procedures we considered necessary to render
our opinion as expressed in the previous paragraph, we applied
tests, listed in Section II, to specific policies and procedures
to obtain evidence about their effectiveness in meeting the
control objectives, described in Section I, during the year
ended October 31, 1995. The specific policies and procedures are
listed in Section II and the nature, timing, extent and results
of the tests are listed in Section II. In our opinion the
policies and procedures that were tested, as described in
Sections I and II, were operating with sufficient effectiveness
to provide reasonable but not absolute, assurance that the
control objectives specified in Section I were achieved during
the ended October 31, 1995. However, the scope of our engagement
did not include tests to determine whether control objectives
listed in Section I and not tested in Section II were achieved;
accordingly, we express no opinion on the achievement of control
objectives listed in Section I and not tested in Section II.
The description of policies and procedures at Investors Bank &
Trust Company is as of October 31, 1995, and information about
tests of the operating effectiveness of specified policies and
procedures covers the year ended October 31, 1995. Any
projection of such information to the future is subject to the
risk that, because of change, the description may no longer
portray the system in existence. The potential effectiveness of
specified policies and procedures at Investors Bank & Trust
Company is subject to inherent limitations and, accordingly,
errors or irregularities may occur and not be detected.
Furthermore, the projection of any conclusions, based on our
findings, to future periods is subject to the risk that changes
may alter the validity of such conclusions.
This report is intended solely for the use of the Shareholders
and management of the Lincoln Advisor Funds, Inc. and for the
filing with the Securities and Exchange Commission and should
not be used for any other purpose.
COOPERS & LYBRAND L.L.P.
Boston, Massachusetts
December 12, 1995
Section I
Lincoln Advisor Funds, Inc.
Multiple Classes of Shares Expense Allocation Net Asset Value
and Dividend/Distribution Calculations
The Lincoln Funds have adopted the multiple classes of shares
pricing system to maintain records that account for multiple
classes of shares. A shareholder who elects to be subject to
contingent deferred sales charge (Class B) rather than paying an
initial sales charge (Class A) will be charged with a higher
distribution fee ("12b-1 fee") on a daily basis than the Class A
shares. A shareholder who is not subject to an initial sales
charge or a contingent deferred sales charge will be charged an
annual fee assessed on a daily basis (Class C) or no 12b-1 fee
(Class D). Separate net asset values ("NAV"), dividends and
distribution will be calculated for each class of shares.
Dividends will be declared and distributed from net investment
income per policies established in the Funds' prospectus. Net
realized gains (if any), will be distributed at least annually.
In maintaining the records for the funds, the income and expense
accounts will be allocated to each class shares. Investment
income, unrealized and realized gains or losses will be
allocated daily to each class of shares based on the percentage
of net assets at the beginning of the day adjusted for the day's
capital stock activity. Expenses are allocated to each class of
shares depending on the nature of the expenditures.
Expenses fall into three categories: (1) expenses attributable
to all classes that are allocated based on net assets (i.e.,
management fee, legal, audit, audit, etc.) and (2) class
specific expenses that have different rates for one class versus
the other (i.e., 12b-1 fees) and (3) transfer agent fees which
are charged on a shareholder basis and other class specific
expenses which are charged to that class.
Prior to determining the day's NAV or dividends and
distributions, the following expense items will be calculated as
indicated:
Management Fee and Expenses Attributable to all Classes: The
expense calculated will be based on the appropriate portfolio
factor (i.e., net assets or daily accrual from expense budget)
prorated to each class by the prior night's net assets adjusted
for the day's capital stock activity.
Class Specific Expenses with Different Rates: Using the
beginning of the day's net assets for respective applicable
classes, calculate the current day's accrual, using the
appropriate class specific rate.
Transfer Agent Fee and Other Class Specific Expenses:
Calculated on a per account or class basis and separately
charged to each class.
The following represents the internal accounting control
objectives and procedures for the allocation of income and
expenses and the computation of the net asset value and, if
applicable, the dividend/distribution for each class of shares
utilizing the Worksheet. These procedures presume that normal
procedures and controls remain in effect at Investors Bank &
Trust Company for all other daily fund accounting.
1. To ascertain that the capital share activity as reported by
the Fund's transfer agent is recorded for each class in an
accurate and timely manner.
A. Capital stock activity is reported by the transfer agent
for each class on a trade-date-plus-one basis. Information
reported to the fund accountant includes share and dollar
opening balances, activity for the day and closing balances.
These balances are reconciled to the general ledger on a daily
basis.
2. To ascertain that the class specific expenses charged to each
class of shares are correctly recorded in the fund accounting
records and are allocated to the correct class of shares.
A. Class specific expenses are determined by calculation (12b-1
fee) or accruals based upon a budget (shareholder servicing
agent).
3. To ascertain that income, non-class specific operating
expenses and realized/unrealized gains and losses are allocated
properly to each class of shares.
A. Prior day's ending net assets and NAV per share for each
class of shares for the current day is agreed to prior day's
worksheet.
B. The daily net capital share activity for each class for the
current day is agreed to information provided by the transfer
agent.
C. Percentage of net assets by class are calculated for each
class of shares based upon the information from the prior day's
worksheet and the information provided by the transfer agent.
D. The allocation of fund income, other operating expenses, and
realized/unrealized gain or loss is calculated based upon the
applicable percentage calculated in the control procedure 3C.
E. The above process is reviewed by the fund administrator.
4. To ascertain that upon completion of accounting procedures
and compliance with internal controls described as in #1, 2, and
3 above, daily net assets value per share for each class of
shares is calculated accurately and on a timely manner.
A. Determine daily net asset value per share for each class
using the Daily Allocation Calculation Worksheet. The primary
purpose of the worksheet is to compute the allocation percentage
by class and to apply such percentages to the various components
of the daily net investment income and realized and unrealized
gains/losses.
B. To insure the integrity of the worksheet, periodically,
worksheets are randomly selected, information is traced back to
supporting documentation and the worksheet is manually
recalculated.
C. The above process (4A) is reviewed by the Fund Administrator.
5. To ascertain that dividends/distributions are properly
calculated and in compliance with the Funds'
dividend/distribution policy.
A. Determine total portfolio undistributed net investment
income.
B. Divide the undistributed net investment by the total paid
shares outstanding to obtain the dividend rate for the Fund.
C. The maximum distribution rate for net realized gains will be
determined by dividing the Fund's total undistributed net
realized gains by the total shares outstanding on the
ex-dividend date.
D. Verify that the dividend/distribution is in compliance with
portfolio's stated policy.
E. Obtain from portfolio manager or the portfolio's designee,
authorization to record dividend distribution.
F. The above procedures are reviewed by the Fund Administrator.
6. To ascertain that the dividend rates and daily NAV per share
for each class of shares reflect the proper allocation of income
and operating expenses as well as the full amount of any direct
expenses charged to the respective class of shares.
A. The sum of each class's net assets, shares outstanding, net
investment income and realized/unrealized gains/losses is agreed
to the composite totals for the portfolio.
B. Net assets for each class is proved to the opening balance
adjusted for the day's activity (shares outstanding are compared
to daily summary sheets received from the transfer agent) and
the composite total net assets for the fund is agreed to the
portfolio accounting system.
C. Relative movement of each classes' net asset value per share
is checked by the fund accountant and supervisor for
reasonableness against anticipated results.
D. The above procedures are reviewed by the fund accounting
manager.
Section II
Testing Compliance with Internal Control Procedures Relating to
The Lincoln Advisors Funds, Inc. Daily Allocation Worksheet
("Worksheet") for the Year Ended October 31, 1995
We reviewed the methodology and procedures for calculating the
daily net asset value and, if applicable, the
dividends/distributions of the multiple classes of shares and
the allocation of income and accrual of expenses for those
classes of shares.
Audit Procedures
The following are the detailed procedures which we performed
with respect to the Worksheet. We selected a representative
sample of Worksheets during the year ended October 31, 1995, to
test compliance with the control procedures as described in
Section I. Our performance of the following detailed steps did
not result in any exceptions.
Agreed "Prior Day's Total Net Assets" for fund total and each
class of shares, to the previous day's Worksheet.
Agreed "Prior Day's Ending Capital Shares Outstanding" to
previous day's Worksheet and confirmed by the transfer agent.
Agreed "Prior Day's NAV" to the previous day's Worksheet and to
the rounded NAV included on the capital report as reported by
the transfer agent for each class of shares.
Agreed "Current Day's Capital Stock Activity" in dollars and in
shares for each class of shares to the information as reported
by the transfer agent.
Recalculated "Ending Capital Shares Outstanding" for each class
of shares, by adding "Prior Day's Ending Capital Shares
Outstanding" and "Current Day's Capital Stock Activity in
shares".
Agreed "Ending Capital Shares Outstanding" to the information
as reported by the transfer agent for each class of shares.
For daily dividend funds, agreed "Eligible Dividend Shares
Outstanding" to the information as reported by the transfer
agent for each class of shares.
Recalculated "Adjusted Total Net Assets" by adding "Prior Day's
Total Net Assets" and "Current Day's Capital Stock Activity" for
fund total and each class of shares.
Recalculated for each class of shares "% of Net Assets by
Class" by dividing "Adjusted Total Net Assets-Class" by
"Adjusted Total Net Assets-Fund Total".
For daily dividend funds, recalculated "Dividend Eligible Net
Assets" by multiplying "Prior Day's NAV (to 2 decimal places)"
by Eligible Dividend Shares Outstanding".
For daily dividend funds, recalculated "% of Allocation by
Class" by dividing the "Dividend Eligible Net Assets-Class" by
"Dividend Eligible Net Assets-Fund Total".
Agreed "Total Daily Investment Income - Fund Total" to the
primary accounting system.
Recalculated the allocation for each class of shares of "Fund
Total Daily Investment Income" by multiplying the "Total Daily
Investment Income - Fund Total" by each class' "% of Allocation
by Class" for daily dividend funds; by each class' "% of Net
Assets by Class" for nondaily dividend funds.
Agreed, for each class of shares, the annual accrual rate for
"Service Fee", "12b-1 Fees", "Class Specific Daily Accrual" and
"Non-Class Specific Expenses" to the respective prospectus and
"Expense Ratio Report" approved by the Treasury Department.
Recalculated for each class of shares "Service Fee", "12b-1
Fees", and "Class Specific Daily Accrual" by multiplying
"Adjusted Total Net Assets-Class" by each class' annual accrual
rate divided by 365 days and multiplied by the number of days in
the accrual period.
Recalculated "Non-Class Specific Expenses - Fund Total" by
multiplying "Adjusted Total Net Assets - Fund Total" by the
annual accrual rate divided by 365 days and multiplied by the
number of days in the accrual period.
Recalculated for each class of shares "Non-Class Specific
Expenses" by multiplying the "Non-Class Specific Expenses - Fund
Total" by "% of Allocation by Class" for daily dividend funds;
by "% of Net Assets by Class" for non-daily funds.
Recalculated "Total of Daily Expenses", fund total and for each
class of shares, by totaling "Service Fee", 12b-1 Fees", "Class
Specific Daily Accrual" and "Non-Class Specific Expenses".
Agreed "Total of Daily Expenses - Fund Total" to the primary
accounting system.
Recalculated "Total Daily Net Income" for each class by
subtracting "Total of Daily Expenses" from "Total Daily
Investment Income".
Recalculated "Dividend Rate per Share" for each class by
dividing "Total Daily Net Income" by "Eligible Dividend Shares
Outstanding" for income distributing funds. For fixed dividend
funds and nondaily dividend funds, agreed "Dividend Rate per
Share" to authorization sheet from Treasury Department.
Recalculated the "Income Distributions-Class" by multiplying
the "Eligible Dividend Shares Outstanding-Class" by the
"Dividend Rate per Share".
Recalculated the "Capital Gain Distributions-Class" by
multiplying the capital gain distribution rate per share,
authorized by The Boston Company Advisors, Inc. Treasury
Department, by "Ending Capital Shares Outstanding" for nondaily
dividend funds; by "Eligible Dividend Shares Outstanding" for
daily dividend funds.
Agreed "Income Distributions - Fund Total" and "Capital Gain
Distributions-Fund Total" to the primary accounting system.
Recalculated "Test Price Total Net Assets ("TNA")", fund total
and for each class, by adding "Adjusted Total Net Assets" and
"Total Daily Net Income Earned" and subtracting "Income
Distributions" and "Capital Gain Distributions".
Agreed fund total "Change Due to Market Value" and
"Futures/Other" to the primary accounting system.
Recalculated for each class of shares, the allocation of
"Change Due to Market Value" and "Futures/Other" by multiplying
fund total by "% of Net Assets by Class".
Recalculated "Total Net Assets", fund total and for each class
of shares, by summing "Test Price TNA", "Change Due to Market
Value" and "Futures/Other".
Recalculated "NAV per Share", fund total and for each class of
shares, by dividing "Total Net Assets" by "Capital Shares
Outstanding".
Recalculated the "POP" (Public Offering Price) for each class
of shares by applying the respective "Load" percentage as stated
in the Fund's prospectus.
Agreed Fund Total Net Assets to the primary accounting system.
