<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000914512
<NAME> LINCOLN NATIONAL EQUITY INCOME FUND INC.
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
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<INVESTMENTS-AT-VALUE> 792,492,374
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<SHARES-COMMON-PRIOR> 44,939,395
<ACCUMULATED-NII-CURRENT> 4,175,397
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<OTHER-INCOME> (1,111)
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<REALIZED-GAINS-CURRENT> 13,218,404
<APPREC-INCREASE-CURRENT> (45,956,302)
<NET-CHANGE-FROM-OPS> (29,510,162)
<EQUALIZATION> 0
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<DISTRIBUTIONS-OTHER> 0
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<EXPENSE-RATIO> 0.81
</TABLE>