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SIGNATURE LESLIE L. OGG
TITLE SECRETARY
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<NAME> IDS LIFE SPECIAL INCOME FUND
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<PER-SHARE-NAV-END> 11.87
<EXPENSE-RATIO> 0.68
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> IDS LIFE GLOBAL YIELD FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 159797829
<INVESTMENTS-AT-VALUE> 162853183
<RECEIVABLES> 3992973
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<OTHER-ITEMS-LIABILITIES> 3876176
<TOTAL-LIABILITIES> 8586991
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 155544528
<SHARES-COMMON-STOCK> 15118710
<SHARES-COMMON-PRIOR> 11533714
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 165923
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 292497
<ACCUM-APPREC-OR-DEPREC> 3055551
<NET-ASSETS> 158473505
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 4696985
<OTHER-INCOME> 0
<EXPENSES-NET> 656118
<NET-INVESTMENT-INCOME> 4040867
<REALIZED-GAINS-CURRENT> (161273)
<APPREC-INCREASE-CURRENT> 2605880
<NET-CHANGE-FROM-OPS> 6485474
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 3881221
<DISTRIBUTIONS-OF-GAINS> 557107
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<NUMBER-OF-SHARES-SOLD> 3394430
<NUMBER-OF-SHARES-REDEEMED> 254628
<SHARES-REINVESTED> 425194
<NET-CHANGE-IN-ASSETS> 39295782
<ACCUMULATED-NII-PRIOR> 3905294
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 728768
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 593955
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 656118
<AVERAGE-NET-ASSETS> 140100805
<PER-SHARE-NAV-BEGIN> 10.32
<PER-SHARE-NII> 0.30
<PER-SHARE-GAIN-APPREC> 0.19
<PER-SHARE-DIVIDEND> 0.29
<PER-SHARE-DISTRIBUTIONS> 0.04
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<PER-SHARE-NAV-END> 10.43
<EXPENSE-RATIO> 0.94
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> IDS LIFE INCOME ADVANTAGE FUND
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 462550681
<INVESTMENTS-AT-VALUE> 474682763
<RECEIVABLES> 9548482
<ASSETS-OTHER> 4284590
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 488515835
<PAYABLE-FOR-SECURITIES> 6249094
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3608581
<TOTAL-LIABILITIES> 9857675
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 462999692
<SHARES-COMMON-STOCK> 45425566
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 65666
<ACCUMULATED-NET-GAINS> 3592052
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 12132082
<NET-ASSETS> 478658160
<DIVIDEND-INCOME> 1445605
<INTEREST-INCOME> 16878559
<OTHER-INCOME> 0
<EXPENSES-NET> 1369369
<NET-INVESTMENT-INCOME> 16954795
<REALIZED-GAINS-CURRENT> 3595167
<APPREC-INCREASE-CURRENT> 3116104
<NET-CHANGE-FROM-OPS> 23666066
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 16954795
<DISTRIBUTIONS-OF-GAINS> 1952622
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 13171686
<NUMBER-OF-SHARES-REDEEMED> 370157
<SHARES-REINVESTED> 1804132
<NET-CHANGE-IN-ASSETS> 158340864
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1949507
<OVERDISTRIB-NII-PRIOR> 65666
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1252197
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1369369
<AVERAGE-NET-ASSETS> 395844341
<PER-SHARE-NAV-BEGIN> 10.39
<PER-SHARE-NII> 0.45
<PER-SHARE-GAIN-APPREC> 0.17
<PER-SHARE-DIVIDEND> 0.45
<PER-SHARE-DISTRIBUTIONS> 0.05
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.51
<EXPENSE-RATIO> 0.69
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
