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000 C000000 049697
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001 B000000 811-2503
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014 B000001 8-12550
014 A000002 AMERICAN EXPRESS FINANCIAL ADVISORS INC.
014 B000002 8-16791
014 A000003 IDS LIFE INSURANCE COMPANY
014 B000003 8-14124
014 A000004 SECURITIES AMERICA INC.
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SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> AXP BOND FUND CLASS A
<S> <C>
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<FISCAL-YEAR-END> FEB-29-2000
<PERIOD-END> AUG-31-1999
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<NUMBER-OF-SHARES-REDEEMED> 84010231
<SHARES-REINVESTED> 13383910
<NET-CHANGE-IN-ASSETS> (279631252)
<ACCUMULATED-NII-PRIOR> 0
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<PER-SHARE-NAV-BEGIN> 4.82
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> AXP BOND FUND CLASS B
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<FISCAL-YEAR-END> FEB-29-2000
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</TABLE>
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<SERIES>
<NUMBER> 3
<NAME> AXP BOND FUND CLASS Y
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<FISCAL-YEAR-END> FEB-29-2000
<PERIOD-END> AUG-31-1999
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<SENIOR-EQUITY> 0
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<SHARES-COMMON-STOCK> 67034882
<SHARES-COMMON-PRIOR> 61454287
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (303915)
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (56904727)
<ACCUM-APPREC-OR-DEPREC> (166227937)
<NET-ASSETS> 317346128
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<EXPENSES-NET> 21908309
<NET-INVESTMENT-INCOME> 138643084
<REALIZED-GAINS-CURRENT> (29840952)
<APPREC-INCREASE-CURRENT> (38302577)
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<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 11472901
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 17516680
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<SHARES-REINVESTED> 2414167
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</TABLE>
EXHIBIT 77D
for AXP Bond Fund, Inc.
At a Board of Directors' meeting held September 8-9, the following investment
policies was eliminated:
Under normal market conditions, the Fund does not intend to commit more than
5% of total assets to when issued securities or forward commitments.
