<PAGE> PAGE 1
000 A000000 04/30/98
000 C000000 0000910682
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 DELAWARE GROUP ADVISER FUNDS, INC.
001 B000000 811-7972
001 C000000 2152552127
002 A000000 2005 MARKET STREET
002 B000000 PHILADELPHIA
002 C000000 PA
002 D010000 19103
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C010200 2
007 C010300 3
007 C020300 U.S. GROWTH FUND
007 C030300 N
007 C010400 4
007 C020400 OVERSEAS EQUITY FUND
007 C030400 N
007 C010500 5
007 C020500 NEW PACIFIC FUND
007 C030500 N
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
020 A000001 MERRILL LYNCH
020 C000001 33
020 A000002 WARBURG
020 C000002 15
020 A000003 NOMURA
020 C000003 11
020 A000004 BARING SECURITIES
020 C000004 10
020 A000005 CROSBY
020 C000005 9
020 A000006 HOARE GOVETT
020 C000006 8
020 A000007 MORGAN GREENFELL
<PAGE> PAGE 2
020 C000007 8
020 A000008 SCHROEDER
020 C000008 5
020 A000009 PAINE WEBBER
020 C000009 5
020 A000010 KLEINWERT BENSON
020 C000010 5
021 000000 109
022 A000001 MERRILL LYNCH
022 C000001 2706
022 D000001 250
022 A000002 PRUDENTIAL BACHE
022 C000002 343
022 D000002 791
022 A000003 DONALDSON LUFKIN
022 C000003 1001
022 D000003 44
022 A000004 MORGAN STANLEY
022 C000004 494
022 D000004 0
022 A000005 ALEX BROWN
022 C000005 488
022 D000005 0
022 A000006 SHERWOOD
022 C000006 422
022 D000006 0
022 A000007 J.P. MORGAN
022 C000007 402
022 D000007 0
022 A000008 ROBINSON-HUMPHREY
022 C000008 318
022 D000008 0
022 A000009 NATWEST
022 C000009 0
022 D000009 315
022 A000010 HERZOG
022 C000010 268
022 D000010 0
023 C000000 6442
023 D000000 1400
024 00AA00 N
027 000000 Y
077 A000000 Y
077 Q010000 Y
028 A010300 1716
028 A020300 0
028 A030300 0
028 A040300 632
028 B010300 1582
028 B020300 10635
028 B030300 0
<PAGE> PAGE 3
028 B040300 478
028 C010300 2671
028 C020300 -3
028 C030300 0
028 C040300 1999
028 D010300 2372
028 D020300 0
028 D030300 0
028 D040300 1224
028 E010300 2744
028 E020300 0
028 E030300 0
028 E040300 1433
028 F010300 3155
028 F020300 0
028 F030300 0
028 F040300 1315
028 G010300 14239
028 G020300 10632
028 G030300 0
028 G040300 7081
028 H000300 6180
029 000300 Y
030 A000300 46
030 B000300 4.75
030 C000300 0.00
031 A000300 8
031 B000300 0
032 000300 38
033 000300 0
062 A000300 N
062 B000300 0.0
062 C000300 0.0
062 D000300 0.0
062 E000300 0.0
062 F000300 0.0
062 G000300 0.0
062 H000300 0.0
062 I000300 0.0
062 J000300 0.0
062 K000300 0.0
062 L000300 0.0
062 M000300 0.0
062 N000300 0.0
062 O000300 0.0
062 P000300 0.0
062 Q000300 0.0
062 R000300 0.0
071 A000300 22196
071 B000300 16576
071 C000300 30529
<PAGE> PAGE 4
071 D000300 54
072 A000300 6
072 B000300 74
072 C000300 109
072 D000300 0
072 E000300 0
072 F000300 112
072 G000300 0
072 H000300 0
072 I000300 20
072 J000300 2
072 K000300 0
072 L000300 1
072 M000300 0
072 N000300 3
072 O000300 1
072 P000300 0
072 Q000300 0
072 R000300 3
072 S000300 2
072 T000300 26
072 U000300 1
072 V000300 0
072 W000300 7
072 X000300 178
072 Y000300 0
072 Z000300 5
072AA000300 3296
072BB000300 909
072CC010300 7595
072CC020300 0
072DD010300 0
072DD020300 0
072EE000300 10854
073 A010300 0.0000
073 A020300 0.0000
073 B000300 6.3370
073 C000300 0.0000
074 A000300 6
074 B000300 1393
074 C000300 0
074 D000300 0
074 E000300 0
074 F000300 38740
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 1296
074 K000300 0
074 L000300 271
074 M000300 1
<PAGE> PAGE 5
074 N000300 41707
074 O000300 915
074 P000300 0
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 26
074 S000300 0
074 T000300 40766
074 U010300 873
074 U020300 2326
074 V010300 12.74
074 V020300 12.79
074 W000300 0.0000
074 X000300 0
074 Y000300 0
075 A000300 0
075 B000300 32498
076 000300 0.00
028 A010400 86
028 A020400 0
028 A030400 0
028 A040400 19
028 B010400 65
028 B020400 2173
028 B030400 0
028 B040400 7586
028 C010400 64
028 C020400 0
028 C030400 0
028 C040400 152
028 D010400 101
028 D020400 0
028 D030400 0
028 D040400 87
028 E010400 71
028 E020400 0
028 E030400 0
028 E040400 138
028 F010400 90
028 F020400 0
028 F030400 0
028 F040400 187
028 G010400 477
028 G020400 2173
028 G030400 0
028 G040400 8169
028 H000400 319
029 000400 Y
030 A000400 10
<PAGE> PAGE 6
030 B000400 4.75
030 C000400 0.00
031 A000400 1
031 B000400 0
032 000400 9
033 000400 0
062 A000400 N
062 B000400 0.0
062 C000400 0.0
062 D000400 0.0
062 E000400 0.0
062 F000400 0.0
062 G000400 0.0
062 H000400 0.0
062 I000400 0.0
062 J000400 0.0
062 K000400 0.0
062 L000400 0.0
062 M000400 0.0
062 N000400 0.0
062 O000400 0.0
062 P000400 0.0
062 Q000400 0.0
062 R000400 0.0
071 A000400 4017
071 B000400 11633
071 C000400 6207
071 D000400 65
072 A000400 6
072 B000400 21
072 C000400 40
072 D000400 0
072 E000400 0
072 F000400 27
072 G000400 0
072 H000400 0
072 I000400 12
072 J000400 7
072 K000400 0
072 L000400 4
072 M000400 0
072 N000400 11
072 O000400 1
072 P000400 0
072 Q000400 0
072 R000400 1
072 S000400 1
072 T000400 15
072 U000400 1
072 V000400 0
072 W000400 7
<PAGE> PAGE 7
072 X000400 87
072 Y000400 25
072 Z000400 -1
072AA000400 2546
072BB000400 1811
072CC010400 610
072CC020400 0
072DD010400 454
072DD020400 75
072EE000400 1671
073 A010400 0.5200
073 A020400 0.5200
073 B000400 1.6400
073 C000400 0.0000
074 A000400 1
074 B000400 190
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 4394
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 0
074 K000400 0
074 L000400 92
074 M000400 0
074 N000400 4677
074 O000400 11
074 P000400 0
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 0
074 S000400 0
074 T000400 4666
074 U010400 276
074 U020400 179
074 V010400 10.65
074 V020400 9.64
074 W000400 0.0000
074 X000400 0
074 Y000400 0
075 A000400 0
075 B000400 6272
076 000400 0.00
028 A010500 357
028 A020500 0
028 A030500 0
028 A040500 309
<PAGE> PAGE 8
028 B010500 676
028 B020500 78
028 B030500 0
028 B040500 985
028 C010500 1285
028 C020500 0
028 C030500 0
028 C040500 424
028 D010500 973
028 D020500 0
028 D030500 0
028 D040500 104
028 E010500 262
028 E020500 0
028 E030500 0
028 E040500 207
028 F010500 885
028 F020500 0
028 F030500 0
028 F040500 599
028 G010500 4438
028 G020500 78
028 G030500 0
028 G040500 2628
028 H000500 2822
029 000500 Y
030 A000500 31
030 B000500 4.75
030 C000500 0.00
031 A000500 5
031 B000500 0
032 000500 26
033 000500 0
062 A000500 N
062 B000500 0.0
062 C000500 0.0
062 D000500 0.0
062 E000500 0.0
062 F000500 0.0
062 G000500 0.0
062 H000500 0.0
062 I000500 0.0
062 J000500 0.0
062 K000500 0.0
062 L000500 0.0
062 M000500 0.0
062 N000500 0.0
062 O000500 0.0
062 P000500 0.0
062 Q000500 0.0
062 R000500 0.0
<PAGE> PAGE 9
071 A000500 10762
071 B000500 7505
071 C000500 8577
071 D000500 88
072 A000500 6
072 B000500 17
072 C000500 38
072 D000500 0
072 E000500 0
072 F000500 17
072 G000500 0
072 H000500 0
072 I000500 26
072 J000500 42
072 K000500 0
072 L000500 3
072 M000500 0
072 N000500 9
072 O000500 1
072 P000500 0
072 Q000500 0
072 R000500 2
072 S000500 1
072 T000500 23
072 U000500 1
072 V000500 0
072 W000500 9
072 X000500 134
072 Y000500 41
072 Z000500 -38
072AA000500 512
072BB000500 4198
072CC010500 1163
072CC020500 0
072DD010500 56
072DD020500 23
072EE000500 0
073 A010500 0.0550
073 A020500 0.0550
073 B000500 0.0000
073 C000500 0.0000
074 A000500 0
074 B000500 447
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 9499
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 48
<PAGE> PAGE 10
074 K000500 0
074 L000500 167
074 M000500 0
074 N000500 10161
074 O000500 89
074 P000500 0
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 2
074 S000500 0
074 T000500 10070
074 U010500 1196
074 U020500 483
074 V010500 5.97
074 V020500 6.07
074 W000500 0.0000
074 X000500 0
074 Y000500 0
075 A000500 0
075 B000500 9513
076 000500 0.00
SIGNATURE DONNA D. BRYEN
TITLE ASSISTANT VP
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 031
<NAME> U. S. GROWTH FUND A CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 33,105,019
<INVESTMENTS-AT-VALUE> 40,132,699
<RECEIVABLES> 1,568,048
<ASSETS-OTHER> 953
<OTHER-ITEMS-ASSETS> 5,756
<TOTAL-ASSETS> 41,707,456
<PAYABLE-FOR-SECURITIES> 914,702
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 26,455
<TOTAL-LIABILITIES> 941,157
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,444,670
<SHARES-COMMON-STOCK> 872,569
<SHARES-COMMON-PRIOR> 416,442
<ACCUMULATED-NII-CURRENT> 4,807
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,289,142
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,027,680
<NET-ASSETS> 11,008,141
<DIVIDEND-INCOME> 108,805
<INTEREST-INCOME> 73,801
<OTHER-INCOME> 0
<EXPENSES-NET> 177,799
<NET-INVESTMENT-INCOME> 4,807
<REALIZED-GAINS-CURRENT> 2,386,779
<APPREC-INCREASE-CURRENT> 4,144,163
<NET-CHANGE-FROM-OPS> 6,535,749
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 2,703,268
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 516,856
<NUMBER-OF-SHARES-REDEEMED> 307,565
<SHARES-REINVESTED> 246,836
<NET-CHANGE-IN-ASSETS> 13,472,485
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 10,848,585
<OVERDISTRIB-NII-PRIOR> 91,868
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 177,799
<AVERAGE-NET-ASSETS> 8,416,347
<PER-SHARE-NAV-BEGIN> 16.65
<PER-SHARE-NII> (0.006)
<PER-SHARE-GAIN-APPREC> 2.346
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 6.37
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.62
<EXPENSE-RATIO> 1.24
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
[ARTICLE] 6
[CIK] 0000910682
[NAME] DELAWARE GROUP ADVISER FUNDS, INC.
[SERIES]
[NUMBER] 032
[NAME] U. S. GROWTH FUND B CLASS
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] OCT-31-1998
[PERIOD-END] APR-30-1998
[INVESTMENTS-AT-COST] 33,105,019
[INVESTMENTS-AT-VALUE] 40,132,699
[RECEIVABLES] 1,568,048
[ASSETS-OTHER] 953
[OTHER-ITEMS-ASSETS] 5,756
[TOTAL-ASSETS] 41,707,456
[PAYABLE-FOR-SECURITIES] 914,702
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 26,455
[TOTAL-LIABILITIES] 941,157
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 31,444,670
[SHARES-COMMON-STOCK] 287,730
[SHARES-COMMON-PRIOR] 101,669
[ACCUMULATED-NII-CURRENT] 4,807
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 2,289,142
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 7,027,680
[NET-ASSETS] 3,477,665
[DIVIDEND-INCOME] 108,805
[INTEREST-INCOME] 73,801
[OTHER-INCOME] 0
[EXPENSES-NET] 177,799
[NET-INVESTMENT-INCOME] 4,807
[REALIZED-GAINS-CURRENT] 2,386,779
[APPREC-INCREASE-CURRENT] 4,144,163
[NET-CHANGE-FROM-OPS] 6,535,749
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 719,445
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 143,318
[NUMBER-OF-SHARES-REDEEMED] 15,403
[SHARES-REINVESTED] 58,146
[NET-CHANGE-IN-ASSETS] 13,472,485
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 10,848,585
[OVERDISTRIB-NII-PRIOR] 91,868
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 0
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 177,799
[AVERAGE-NET-ASSETS] 2,363,965
[PER-SHARE-NAV-BEGIN] 16.26
[PER-SHARE-NII] (0.046)
[PER-SHARE-GAIN-APPREC] 2.246
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 6.37
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 12.09
[EXPENSE-RATIO] 1.94
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 033
<NAME> U. S. GROWTH FUND C CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 33,105,019
<INVESTMENTS-AT-VALUE> 40,132,699
<RECEIVABLES> 1,568,048
<ASSETS-OTHER> 953
<OTHER-ITEMS-ASSETS> 5,756
<TOTAL-ASSETS> 41,707,456
<PAYABLE-FOR-SECURITIES> 914,702
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 26,455
<TOTAL-LIABILITIES> 941,157
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,444,670
<SHARES-COMMON-STOCK> 68,707
<SHARES-COMMON-PRIOR> 14,835
<ACCUMULATED-NII-CURRENT> 4,807
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,289,142
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,027,680
<NET-ASSETS> 893,398
<DIVIDEND-INCOME> 108,805
<INTEREST-INCOME> 73,801
<OTHER-INCOME> 0
<EXPENSES-NET> 177,799
<NET-INVESTMENT-INCOME> 4,807
<REALIZED-GAINS-CURRENT> 2,386,779
<APPREC-INCREASE-CURRENT> 4,144,163
<NET-CHANGE-FROM-OPS> 6,535,749
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 114,013
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 50,822
<NUMBER-OF-SHARES-REDEEMED> 6,914
<SHARES-REINVESTED> 9,964
<NET-CHANGE-IN-ASSETS> 13,472,485
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 10,848,585
<OVERDISTRIB-NII-PRIOR> 91,868
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 177,799
<AVERAGE-NET-ASSETS> 456,057
<PER-SHARE-NAV-BEGIN> 17.02
<PER-SHARE-NII> (0.049)
<PER-SHARE-GAIN-APPREC> 2.399
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 6.37
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.00
<EXPENSE-RATIO> 1.94
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 034
<NAME> U. S. GROWTH FUND INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 33,105,019
<INVESTMENTS-AT-VALUE> 40,132,699
<RECEIVABLES> 1,568,048
<ASSETS-OTHER> 953
<OTHER-ITEMS-ASSETS> 5,756
<TOTAL-ASSETS> 41,707,456
<PAYABLE-FOR-SECURITIES> 914,702
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 26,455
<TOTAL-LIABILITIES> 941,157
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,444,670
<SHARES-COMMON-STOCK> 1,970,127
<SHARES-COMMON-PRIOR> 1,094,399
<ACCUMULATED-NII-CURRENT> 4,807
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,289,142
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,027,680
<NET-ASSETS> 25,387,095
<DIVIDEND-INCOME> 108,805
<INTEREST-INCOME> 73,801
<OTHER-INCOME> 0
<EXPENSES-NET> 177,799
<NET-INVESTMENT-INCOME> 4,807
<REALIZED-GAINS-CURRENT> 2,386,779
<APPREC-INCREASE-CURRENT> 4,144,163
<NET-CHANGE-FROM-OPS> 6,535,749
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 7,317,628
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 469,244
<NUMBER-OF-SHARES-REDEEMED> 271,083
<SHARES-REINVESTED> 677,567
<NET-CHANGE-IN-ASSETS> 13,472,485
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 10,848,585
<OVERDISTRIB-NII-PRIOR> 91,868
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 177,799
<AVERAGE-NET-ASSETS> 21,261,411
<PER-SHARE-NAV-BEGIN> 16.86
<PER-SHARE-NII> 0.012
<PER-SHARE-GAIN-APPREC> 2.388
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 6.37
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.89
<EXPENSE-RATIO> 0.94
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 041
<NAME> OVERSEAS EQUITY FUND A CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 4,230,578
<INVESTMENTS-AT-VALUE> 4,584,149
<RECEIVABLES> 24,841
<ASSETS-OTHER> 37,606
<OTHER-ITEMS-ASSETS> 1,190
<TOTAL-ASSETS> 4,647,787
<PAYABLE-FOR-SECURITIES> 11,136
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (28,883)
<TOTAL-LIABILITIES> (17,747)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,583,649
<SHARES-COMMON-STOCK> 275,534
<SHARES-COMMON-PRIOR> 868,395
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 10,483
<ACCUMULATED-NET-GAINS> 738,206
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 354,162
<NET-ASSETS> 2,935,129
<DIVIDEND-INCOME> 42,168
<INTEREST-INCOME> 21,377
<OTHER-INCOME> (2,216)
<EXPENSES-NET> 61,697
<NET-INVESTMENT-INCOME> (368)
<REALIZED-GAINS-CURRENT> 724,765
<APPREC-INCREASE-CURRENT> (878,656)
<NET-CHANGE-FROM-OPS> (154,259)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 454,027
<DISTRIBUTIONS-OF-GAINS> 1,431,930
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 29,877
<NUMBER-OF-SHARES-REDEEMED> 811,043
<SHARES-REINVESTED> 188,305
<NET-CHANGE-IN-ASSETS> (7,872,467)
<ACCUMULATED-NII-PRIOR> 530,298
<ACCUMULATED-GAINS-PRIOR> 1,673,548
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 87,031
<AVERAGE-NET-ASSETS> 4,628,220
<PER-SHARE-NAV-BEGIN> 12.52
<PER-SHARE-NII> 0.008
<PER-SHARE-GAIN-APPREC> 0.282
<PER-SHARE-DIVIDEND> 0.520
<PER-SHARE-DISTRIBUTIONS> 1.640
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.65
<EXPENSE-RATIO> 1.80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 042
<NAME> OVERSEAS EQUITY FUND B CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 4,230,578
<INVESTMENTS-AT-VALUE> 4,584,149
<RECEIVABLES> 24,841
<ASSETS-OTHER> 37,606
<OTHER-ITEMS-ASSETS> 1,190
<TOTAL-ASSETS> 4,647,787
<PAYABLE-FOR-SECURITIES> 11,136
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (28,883)
<TOTAL-LIABILITIES> (17,747)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,583,649
<SHARES-COMMON-STOCK> 156,187
<SHARES-COMMON-PRIOR> 125,707
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 10,483
<ACCUMULATED-NET-GAINS> 738,206
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 354,162
<NET-ASSETS> 1,500,075
<DIVIDEND-INCOME> 42,168
<INTEREST-INCOME> 21,377
<OTHER-INCOME> (2,216)
<EXPENSES-NET> 61,697
<NET-INVESTMENT-INCOME> (368)
<REALIZED-GAINS-CURRENT> 724,765
<APPREC-INCREASE-CURRENT> (878,656)
<NET-CHANGE-FROM-OPS> (154,259)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 65,715
<DISTRIBUTIONS-OF-GAINS> 207,256
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,363
<NUMBER-OF-SHARES-REDEEMED> 8,320
<SHARES-REINVESTED> 29,437
<NET-CHANGE-IN-ASSETS> (7,872,467)
<ACCUMULATED-NII-PRIOR> 530,298
<ACCUMULATED-GAINS-PRIOR> 1,673,548
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 87,031
<AVERAGE-NET-ASSETS> 1,433,570
<PER-SHARE-NAV-BEGIN> 11.54
<PER-SHARE-NII> (0.023)
<PER-SHARE-GAIN-APPREC> 0.243
<PER-SHARE-DIVIDEND> 0.520
<PER-SHARE-DISTRIBUTIONS> 1.640
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.60
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 043
<NAME> OVERSEAS EQUITY FUND C CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 4,230,578
<INVESTMENTS-AT-VALUE> 4,584,149
<RECEIVABLES> 24,841
<ASSETS-OTHER> 37,606
<OTHER-ITEMS-ASSETS> 1,190
<TOTAL-ASSETS> 4,647,787
<PAYABLE-FOR-SECURITIES> 11,136
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (28,883)
<TOTAL-LIABILITIES> (17,747)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,583,649
<SHARES-COMMON-STOCK> 17,007
<SHARES-COMMON-PRIOR> 13,799
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 10,483
<ACCUMULATED-NET-GAINS> 738,206
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 354,162
<NET-ASSETS> 163,639
<DIVIDEND-INCOME> 42,168
<INTEREST-INCOME> 21,377
<OTHER-INCOME> (2,216)
<EXPENSES-NET> 61,697
<NET-INVESTMENT-INCOME> (368)
<REALIZED-GAINS-CURRENT> 724,765
<APPREC-INCREASE-CURRENT> (878,656)
<NET-CHANGE-FROM-OPS> (154,259)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 7,302
<DISTRIBUTIONS-OF-GAINS> 23,031
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,727
<NUMBER-OF-SHARES-REDEEMED> 5,836
<SHARES-REINVESTED> 3,317
<NET-CHANGE-IN-ASSETS> (7,872,467)
<ACCUMULATED-NII-PRIOR> 530,298
<ACCUMULATED-GAINS-PRIOR> 1,673,548
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 87,031
<AVERAGE-NET-ASSETS> 1,433,570
<PER-SHARE-NAV-BEGIN> 11.55
<PER-SHARE-NII> (0.023)
<PER-SHARE-GAIN-APPREC> 0.253
<PER-SHARE-DIVIDEND> 0.520
<PER-SHARE-DISTRIBUTIONS> 1.640
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.62
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 044
<NAME> OVERSEAS EQUITY FUND INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 4,230,578
<INVESTMENTS-AT-VALUE> 4,584,149
<RECEIVABLES> 24,841
<ASSETS-OTHER> 37,606
<OTHER-ITEMS-ASSETS> 1,190
<TOTAL-ASSETS> 4,647,787
<PAYABLE-FOR-SECURITIES> 11,136
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> (28,883)
<TOTAL-LIABILITIES> (17,747)
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,583,649
<SHARES-COMMON-STOCK> 6,273
<SHARES-COMMON-PRIOR> 4,810
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 10,483
<ACCUMULATED-NET-GAINS> 738,206
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 354,162
<NET-ASSETS> 66,691
<DIVIDEND-INCOME> 42,168
<INTEREST-INCOME> 21,377
<OTHER-INCOME> (2,216)
<EXPENSES-NET> 61,697
<NET-INVESTMENT-INCOME> (368)
<REALIZED-GAINS-CURRENT> 724,765
<APPREC-INCREASE-CURRENT> (878,656)
<NET-CHANGE-FROM-OPS> (154,259)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,683
<DISTRIBUTIONS-OF-GAINS> 8,463
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,699
<NUMBER-OF-SHARES-REDEEMED> 1,363
<SHARES-REINVESTED> 1,127
<NET-CHANGE-IN-ASSETS> (7,872,467)
<ACCUMULATED-NII-PRIOR> 530,298
<ACCUMULATED-GAINS-PRIOR> 1,673,548
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 87,031
<AVERAGE-NET-ASSETS> 54,018
<PER-SHARE-NAV-BEGIN> 12.48
<PER-SHARE-NII> 0.025
<PER-SHARE-GAIN-APPREC> 0.285
<PER-SHARE-DIVIDEND> 0.520
<PER-SHARE-DISTRIBUTIONS> 1.640
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.63
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 051
<NAME> NEW PACIFIC FUND A CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 10,339,702
<INVESTMENTS-AT-VALUE> 9,954,930
<RECEIVABLES> 130,700
<ASSETS-OTHER> 63,148
<OTHER-ITEMS-ASSETS> 11,996
<TOTAL-ASSETS> 10,160,774
<PAYABLE-FOR-SECURITIES> 88,765
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,868
<TOTAL-LIABILITIES> 90,633
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,407,181
<SHARES-COMMON-STOCK> 1,196,416
<SHARES-COMMON-PRIOR> 975,985
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 115,686
<ACCUMULATED-NET-GAINS> (4,823,949)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (397,405)
<NET-ASSETS> 7,138,729
<DIVIDEND-INCOME> 41,520
<INTEREST-INCOME> 16,888
<OTHER-INCOME> (3,023)
<EXPENSES-NET> 93,381
<NET-INVESTMENT-INCOME> (37,996)
<REALIZED-GAINS-CURRENT> (3,716,429)
<APPREC-INCREASE-CURRENT> 1,960,082
<NET-CHANGE-FROM-OPS> (1,794,343)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 56,023
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 458,265
<NUMBER-OF-SHARES-REDEEMED> 245,865
<SHARES-REINVESTED> 8,030
<NET-CHANGE-IN-ASSETS> 13,479
<ACCUMULATED-NII-PRIOR> 31,125
<ACCUMULATED-GAINS-PRIOR> (1,137,834)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 133,939
<AVERAGE-NET-ASSETS> 6,849,905
<PER-SHARE-NAV-BEGIN> 7.32
<PER-SHARE-NII> (0.019)
<PER-SHARE-GAIN-APPREC> (1.276)
<PER-SHARE-DIVIDEND> 0.055
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 5.97
<EXPENSE-RATIO> 1.80
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 052
<NAME> NEW PACIFIC FUND B CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 10,339,702
<INVESTMENTS-AT-VALUE> 9,954,930
<RECEIVABLES> 130,700
<ASSETS-OTHER> 63,148
<OTHER-ITEMS-ASSETS> 11,996
<TOTAL-ASSETS> 10,160,774
<PAYABLE-FOR-SECURITIES> 88,765
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,868
<TOTAL-LIABILITIES> 90,633
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,407,181
<SHARES-COMMON-STOCK> 430,184
<SHARES-COMMON-PRIOR> 339,318
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 115,686
<ACCUMULATED-NET-GAINS> (4,823,949)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (397,405)
<NET-ASSETS> 2,615,574
<DIVIDEND-INCOME> 41,520
<INTEREST-INCOME> 16,888
<OTHER-INCOME> (3,023)
<EXPENSES-NET> 93,381
<NET-INVESTMENT-INCOME> (37,996)
<REALIZED-GAINS-CURRENT> (3,716,429)
<APPREC-INCREASE-CURRENT> 1,960,082
<NET-CHANGE-FROM-OPS> (1,794,343)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 19,441
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 178,849
<NUMBER-OF-SHARES-REDEEMED> 90,623
<SHARES-REINVESTED> 2,640
<NET-CHANGE-IN-ASSETS> 13,479
<ACCUMULATED-NII-PRIOR> 31,125
<ACCUMULATED-GAINS-PRIOR> (1,137,834)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 133,939
<AVERAGE-NET-ASSETS> 2,403,373
<PER-SHARE-NAV-BEGIN> 7.47
<PER-SHARE-NII> (0.041)
<PER-SHARE-GAIN-APPREC> (1.294)
<PER-SHARE-DIVIDEND> 0.055
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 6.08
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 053
<NAME> NEW PACIFIC FUND C CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 10,339,702
<INVESTMENTS-AT-VALUE> 9,954,930
<RECEIVABLES> 130,700
<ASSETS-OTHER> 63,148
<OTHER-ITEMS-ASSETS> 11,996
<TOTAL-ASSETS> 10,160,774
<PAYABLE-FOR-SECURITIES> 88,765
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,868
<TOTAL-LIABILITIES> 90,633
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,407,181
<SHARES-COMMON-STOCK> 20,867
<SHARES-COMMON-PRIOR> 17,635
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 115,686
<ACCUMULATED-NET-GAINS> (4,823,949)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (397,405)
<NET-ASSETS> 124,026
<DIVIDEND-INCOME> 41,520
<INTEREST-INCOME> 16,888
<OTHER-INCOME> (3,023)
<EXPENSES-NET> 93,381
<NET-INVESTMENT-INCOME> (37,996)
<REALIZED-GAINS-CURRENT> (3,716,429)
<APPREC-INCREASE-CURRENT> 1,960,082
<NET-CHANGE-FROM-OPS> (1,794,343)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1,015
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,763
<NUMBER-OF-SHARES-REDEEMED> 7,677
<SHARES-REINVESTED> 146
<NET-CHANGE-IN-ASSETS> 13,479
<ACCUMULATED-NII-PRIOR> 31,125
<ACCUMULATED-GAINS-PRIOR> (1,137,834)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 133,939
<AVERAGE-NET-ASSETS> 110,207
<PER-SHARE-NAV-BEGIN> 7.32
<PER-SHARE-NII> (0.041)
<PER-SHARE-GAIN-APPREC> (1.284)
<PER-SHARE-DIVIDEND> 0.055
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 5.94
<EXPENSE-RATIO> 2.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000910682
<NAME> DELAWARE GROUP ADVISER FUNDS, INC.
<SERIES>
<NUMBER> 054
<NAME> NEW PACIFIC FUND INSTITUTIONAL CLASS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> OCT-31-1998
<PERIOD-END> APR-30-1998
<INVESTMENTS-AT-COST> 10,339,702
<INVESTMENTS-AT-VALUE> 9,954,930
<RECEIVABLES> 130,700
<ASSETS-OTHER> 63,148
<OTHER-ITEMS-ASSETS> 11,996
<TOTAL-ASSETS> 10,160,774
<PAYABLE-FOR-SECURITIES> 88,765
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,868
<TOTAL-LIABILITIES> 90,633
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,407,181
<SHARES-COMMON-STOCK> 31,502
<SHARES-COMMON-PRIOR> 33,611
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 115,686
<ACCUMULATED-NET-GAINS> (4,823,949)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (397,405)
<NET-ASSETS> 191,812
<DIVIDEND-INCOME> 41,520
<INTEREST-INCOME> 16,888
<OTHER-INCOME> (3,023)
<EXPENSES-NET> 93,381
<NET-INVESTMENT-INCOME> (37,996)
<REALIZED-GAINS-CURRENT> (3,716,429)
<APPREC-INCREASE-CURRENT> 1,960,082
<NET-CHANGE-FROM-OPS> (1,794,343)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2,021
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 68,198
<NUMBER-OF-SHARES-REDEEMED> 70,593
<SHARES-REINVESTED> 286
<NET-CHANGE-IN-ASSETS> 13,479
<ACCUMULATED-NII-PRIOR> 31,125
<ACCUMULATED-GAINS-PRIOR> (1,137,834)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 133,939
<AVERAGE-NET-ASSETS> 110,207
<PER-SHARE-NAV-BEGIN> 7.44
<PER-SHARE-NII> (0.009)
<PER-SHARE-GAIN-APPREC> (1.286)
<PER-SHARE-DIVIDEND> 0.055
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 6.09
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
