ParagraphDropCap
Represents a dropped capital letter at the beginning of a paragraph. There is no DropCaps collection; each Paragraph object contains only one DropCap object.
Using the DropCap Object
Use the DropCap property to return a DropCap object. The following example sets a dropped capital letter for the first letter in the first paragraph in the active document.
With ActiveDocument.Paragraphs(1).DropCap
.Enable
.Position = wdDropNormal
End With