IDS BOND FUND INC
497, 1995-05-31
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Prospectus Supplement
June 1, 1995*

                                                  Form #

IDS Blue Chip Advantage Fund (March 27, 1995)     S-6025 H
IDS Bond Fund (Oct. 31, 1994**)                   S-6495 H
IDS California Tax-Exempt Fund (Aug. 29, 1994**)  S-6328 H
IDS Cash Management Fund (Sept. 29, 1994**)       S-6320 H
IDS Discovery Fund (Sept. 29, 1994**)             S-6457 H
IDS Diversified Equity Income Fund
 (Nov. 29, 1994**)                                S-6475 H
IDS Equity Select Fund (March 20, 1995)           S-6426 J
IDS Extra Income Fund (Oct. 28, 1994**)           S-6370 H
IDS Federal Income Fund (Aug. 29, 1994**)         S-6042 H
IDS Global Bond Fund (Dec. 30, 1994**)            S-6309 H
IDS Global Growth Fund (Dec. 30, 1994**)          S-6334 H
IDS Growth Fund (Sept. 29, 1994**)                S-6455 J
IDS High Yield Tax-Exempt Fund (March 20, 1995)   S-6430 J
IDS Insured Tax-Exempt Fund (Aug. 29, 1994**)     S-6327 H
IDS International Fund (Dec. 30, 1994**)          S-6140 H
IDS Managed Retirement Fund (March 20, 1995)      S-6141 J
IDS Massachusetts Tax-Exempt Fund 
  (Aug. 29, 1994**)                               S-6328 H
IDS Michigan Tax-Exempt Fund (Aug. 29, 1994**)    S-6328 H
IDS Minnesota Tax-Exempt Fund (Aug. 29, 1994**)   S-6328 H
IDS Mutual (Nov. 29, 1994**)                      S-6326 J
IDS New Dimensions Fund (Nov. 29, 1994**)         S-6440 H
IDS New York Tax-Exempt Fund (Aug. 29, 1994**)    S-6328 H
IDS Ohio Tax-Exempt Fund (Aug. 29, 1994**)        S-6328 H
IDS Progressive Fund (Nov. 29, 1994**)            S-6449 H
IDS Selective Fund (March 20, 1995)               S-6376 H
IDS Stock Fund (Dec. 30, 1994**)                  S-6351 J
IDS Tax-Exempt Bond Fund (March 20, 1995)         S-6310 J
IDS Utilities Income Fund (Aug. 29, 1994**)       S-6341 H

*Valid until next prospectus update.  Destroy March 31, 1996.
**As revised March 20, 1995.

For all funds except Cash Management:

The following information modifies that found in the section
titled, "How to buy, exchange or sell shares" regarding the Waivers
of the sales charge for Class A shares:

      Sales charges do not apply to:

    o Purchases made within 30 days after a redemption of shares
      (up to the amount redeemed):

      - in a qualified plan where American Express Trust Company
      has a recordkeeping, trustee, investment management or
      investment servicing relationship.
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For Cash Management, Global Bond, High Yield Tax-Exempt and New
Dimensions Funds only:

The following information modifies that found in the section titled
"How to buy, exchange or sell shares":

      If you have an established account, you may wire money to:

      Norwest Bank Minneapolis
      Routing No. 091000019
      Minneapolis, MN
      Attn: Domestic Wire Dept.

For Equity Select, Managed Retirement and Stock Funds only:

The following information modifies that found in the section titled
"Investment manager and transfer agent":

This fee may be increased or decreased by a performance adjustment
based on a comparison of performance of Class A shares of the fund
to the Lipper Growth and Income Fund Index.

S-6158 (5/95)



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