<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> AXP PROGRESSIVE FUND CLASS B
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> SEP-30-2000
<PERIOD-END> SEP-30-2000
<INVESTMENTS-AT-COST> 303,617,536
<INVESTMENTS-AT-VALUE> 327,192,463
<RECEIVABLES> 3,365,604
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 330,558,067
<PAYABLE-FOR-SECURITIES> 2,380,771
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 316,812
<TOTAL-LIABILITIES> 2,697,583
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 270,335,253
<SHARES-COMMON-STOCK> 6,197,919
<SHARES-COMMON-PRIOR> 11,820,951
<ACCUMULATED-NII-CURRENT> 815,953
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 33,134,398
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 23,574,880
<NET-ASSETS> 51,199,103
<DIVIDEND-INCOME> 5,431,819
<INTEREST-INCOME> 567,873
<OTHER-INCOME> 0
<EXPENSES-NET> 4,693,298
<NET-INVESTMENT-INCOME> 1,306,394
<REALIZED-GAINS-CURRENT> 58,863,883
<APPREC-INCREASE-CURRENT> 288,322
<NET-CHANGE-FROM-OPS> 60,458,599
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 1711
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,003,999
<NUMBER-OF-SHARES-REDEEMED> 6,627,263
<SHARES-REINVESTED> 232
<NET-CHANGE-IN-ASSETS> (158,995,774)
<ACCUMULATED-NII-PRIOR> 2,887,568
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 25,742,478
<GROSS-ADVISORY-FEES> 2,049,475
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,737,152
<AVERAGE-NET-ASSETS> 65,857,390
<PER-SHARE-NAV-BEGIN> 7.06
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> 1.22
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 8.26
<EXPENSE-RATIO> 1.83
</TABLE>
