SUPPLEMENT DATED MAY 1, 1997
VOYAGEUR UNIT INVESTMENT TRUST SERIES
After the close of business on April 30, 1997, Voyageur Fund Managers,
Inc., the Sponsor of the above captioned unit investment trusts (the "Trusts"),
and Voyageur Investments, Inc., the Distributor of Trust units, became indirect,
wholly owned subsidiaries of Lincoln National Corporation ("LNC") as a result of
LNC's acquisition of Dougherty Financial Group, Inc., the parent company of the
Sponsor and the Distributor. LNC, headquartered in Fort Wayne, Indiana, owns and
operates insurance and investment management businesses, including Delaware
Management Holdings, Inc. ("DMH"). Affiliates of DMH serve as adviser,
distributor and transfer agent for the Delaware Group of Mutual Funds, including
the Delaware-Voyageur Funds. As of May 1, 1997, affiliates of DMH, including
Voyageur Fund Managers, Inc., had assets under management of over $34 billion in
mutual fund and institutional accounts, and served as investment adviser to more
than 60 mutual fund portfolios. The principal business address for both Voyageur
Fund Managers, Inc. and Voyageur Investments, Inc. is One Commerce Square,
Philadelphia, PA 19103.
