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Prospectus Supplement* October 1, 1998
IDS Bond Fund S-6495L (10/97)
IDS Equity Select Fund S-6426M (1/98)
IDS Extra Income Fund S-6370M (7/98)
IDS Federal Income Fund S-6042N (7/98)
IDS Emerging Markets Fund. S-6354C (12/97)
IDS Global Balanced Fund S-6352A (12/97)
IDS Global Bond Fund S-6309L (12/97)
IDS Global Growth Fund S-6455M (12/97)
IDS High Yield Tax-Exempt Fund S-6340M (1/98)
IDS International Fund S-6140L (12/97)
IDS Diversified Equity Income Fund S-6475L (11/97)
IDS Mutual S-6326M (11/97)
IDS Managed Allocation Fund S-6141M (11/97)
IDS Blue Chip Advantage Fund S-6025L (3/98)
IDS Small Company Index Fund S-6357D (3/98)
IDS Progressive Fund S-6449L (10/97)
IDS Selective Fund S-6376M (7/97)
IDS Stock Fund S-6351M (11/97)
IDS Tax-Exempt Bond Fund S-6310M (1/98)
IDS Intermediate Tax-Exempt Fund S-6355C (1/98)
IDS Utilities Income Fund S-6341L (8/97)
IDS Insured Tax-Exempt Fund S-6327L (8/97)
IDS Strategy Aggressive Fund S-6381F (5/98)
IDS Equity Value Fund S-6382F (5/98)
IDS Precious Metals Fund S-6142M (5/98)
IDS California Tax-Exempt Fund S-6328L (8/97)
IDS Massachusetts Tax-Exempt Fund
IDS Michigan Tax-Exempt Fund
IDS Minnesota Tax-Exempt Fund
IDS New York Tax-Exempt Fund
IDS Ohio Tax-Exempt Fund
For all funds the following information was added in the section titled "Waivers
of the sales charge for Class A shares":
Purchases made through or under American Express Trust Company - Personal Trust
Services Asset-Based pricing alternative.
S - 6534 A (10/98)
*Valid until next prospectus update
Destroy - October 31, 1999
