<PAGE> PAGE 1
000 A000000 06/30/96
000 C000000 918945
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 U
001 A000000 VOYAGEUR INVESTMENT TRUST II
001 B000000 811-8350
001 C000000 6123767071
002 A000000 90 SOUTH SEVENTH STREET STE 4400
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55402
002 D020000 4115
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 1
007 C010100 1
007 C020100 VOYAGEUR FLORIDA LIMITED TERM TAX FREE FUND
007 C030100 N
007 C010200 2
007 C010300 3
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007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
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008 B00AA01 A
008 C00AA01 801-20432
008 D01AA01 MINNEAPOLIS
008 D02AA01 MN
008 D03AA01 55402
008 D04AA01 4115
014 A00AA01 DOUGHERTY FINANCIAL GROUP
014 B00AA01 8-21885
015 A00AA01 NORWEST BANK MINNESOTA NA
015 B00AA01 C
015 C01AA01 MINNEAPOLIS
015 C02AA01 MN
015 C03AA01 55479
015 E01AA01 X
018 00AA00 Y
<PAGE> PAGE 2
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019 C00AA00 VOYAGEURFU
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022 A000001 MACKENZIE IVY
022 B000001 00-0000000
022 C000001 3475
022 D000001 0
022 A000002 BEAR STEARNS
022 B000002 13-4946705
022 C000002 148
022 D000002 149
022 A000003 WILLIAM R. HOUGH
022 B000003 59-2246010
022 C000003 98
022 D000003 148
022 A000004 PAINE WEBBER
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022 C000004 0
022 D000004 51
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022 C000005 50
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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SIGNATURE KEN LARSEN
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
The schedule contains summary financial information extracted from the statement
of assets and liabilities, statement of operations, statement of changes in net
assets and the financial highlights and is qualified in its entirety by
reference to such financial statements.
</LEGEND>
<CIK> 0000918945
<NAME> Voyageur Investment Trust II
<SERIES>
<NUMBER> 1
<NAME> Voyageur Florida Limited Term Tax Free Fund
<S> <C>
<PERIOD-TYPE> 6-Mos
<FISCAL-YEAR-END> Dec-31-1996
<PERIOD-START> Jan-01-1996
<PERIOD-END> Jun-30-1996
<INVESTMENTS-AT-COST> 4,221,439
<INVESTMENTS-AT-VALUE> 4,241,842
<RECEIVABLES> 75,193
<ASSETS-OTHER> 26,107
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4,343,142
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 116,719
<TOTAL-LIABILITIES> 116,719
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,191,155
<SHARES-COMMON-STOCK> 409,858
<SHARES-COMMON-PRIOR> 90,350
<ACCUMULATED-NII-CURRENT> 8,470
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,395
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 20,403
<NET-ASSETS> 4,226,423
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 40,901
<OTHER-INCOME> 0
<EXPENSES-NET> 4,713
<NET-INVESTMENT-INCOME> 36,188
<REALIZED-GAINS-CURRENT> 6,395
<APPREC-INCREASE-CURRENT> (38,188)
<NET-CHANGE-FROM-OPS> 4,395
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 35,254
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 362,754
<NUMBER-OF-SHARES-REDEEMED> 45,266
<SHARES-REINVESTED> 2,020
<NET-CHANGE-IN-ASSETS> 3,272,709
<ACCUMULATED-NII-PRIOR> 7,677
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,053
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 31,461
<AVERAGE-NET-ASSETS> 1,552,972
<PER-SHARE-NAV-BEGIN> 10.56
<PER-SHARE-NII> 0.18
<PER-SHARE-GAIN-APPREC> (0.18)
<PER-SHARE-DIVIDEND> 0.25
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 10.31
<EXPENSE-RATIO> 0.005
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
