<PAGE> PAGE 1
000 A000000 03/31/99
000 C000000 0000052347
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 IDS INVESTMENT SERIES, INC.
001 B000000 811-54
001 C000000 6126713800
002 A000000 IDS TOWER 10
002 B000000 MINNEAPOLIS
002 C000000 MN
002 D010000 55440
002 D020000 0010
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 2
007 C010100 1
007 C020100 IDS MUTUAL
007 C030100 N
007 C010200 2
007 C020200 IDS DIVERSIFIED EQUITY INCOME FUND
007 C030200 N
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
011 A00AA01 AMERICAN EXPRESS FINANCIAL ADVISORS INC.
011 B00AA01 8-16791
011 C01AA01 MINNEAPOLIS
011 C02AA01 MN
011 C03AA01 55440
011 C04AA01 0010
012 A00AA01 AMERICAN EXPRESS FINANCIAL CORPORATION
012 B00AA01 84-456
012 C01AA01 MINNEAPOLIS
012 C02AA01 MN
012 C03AA01 55440
012 C04AA01 0010
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 MINNEAPOLIS
<PAGE> PAGE 2
013 B02AA01 MN
013 B03AA01 55402
013 B04AA01 3900
015 A00AA01 AMERICAN EXPRESS TRUST COMPANY
015 B00AA01 C
015 C01AA01 MINNEAPOLIS
015 C02AA01 MN
015 C03AA01 55402
015 C04AA01 2307
015 E01AA01 X
018 00AA00 N
019 A00AA00 Y
019 B00AA00 47
019 C00AA00 IDSMUTFDGR
020 C000001 0
020 C000002 0
020 C000003 0
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 0
022 C000001 0
022 D000001 0
022 C000002 0
022 D000002 0
022 C000003 0
022 D000003 0
022 C000004 0
022 D000004 0
022 C000005 0
022 D000005 0
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 0
023 D000000 0
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
<PAGE> PAGE 3
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
025 D00AA07 0
025 D00AA08 0
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 N
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
045 00AA00 N
048 00AA00 0.000
048 A01AA00 0
048 A02AA00 0.000
048 B01AA00 0
048 B02AA00 0.000
048 C01AA00 0
048 C02AA00 0.000
048 D01AA00 0
048 D02AA00 0.000
048 E01AA00 0
048 E02AA00 0.000
048 F01AA00 0
048 F02AA00 0.000
048 G01AA00 0
048 G02AA00 0.000
048 H01AA00 0
048 H02AA00 0.000
048 I01AA00 0
048 I02AA00 0.000
048 J01AA00 0
048 J02AA00 0.000
048 K01AA00 0
048 K02AA00 0.000
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 100
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
<PAGE> PAGE 4
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
078 000000 N
028 A010100 47978
028 A020100 2
028 A030100 0
028 A040100 69329
028 B010100 47348
028 B020100 0
028 B030100 0
028 B040100 60030
028 C010100 53396
028 C020100 527310
028 C030100 0
028 C040100 156031
028 D010100 54945
028 D020100 -48
028 D030100 0
028 D040100 88014
028 E010100 53909
028 E020100 4
028 E030100 0
028 E040100 86351
028 F010100 67755
028 F020100 28553
028 F030100 0
028 F040100 187583
028 G010100 325331
028 G020100 555821
028 G030100 0
028 G040100 647338
028 H000100 180827
029 000100 Y
030 A000100 2413
030 B000100 5.00
030 C000100 0.50
031 A000100 882
031 B000100 0
032 000100 0
033 000100 1531
034 000100 Y
<PAGE> PAGE 5
035 000100 176
036 A000100 N
036 B000100 0
037 000100 N
038 000100 0
039 000100 N
040 000100 Y
041 000100 Y
042 A000100 0
042 B000100 0
042 C000100 0
042 D000100 0
042 E000100 0
042 F000100 0
042 G000100 0
042 H000100 100
043 000100 1505
044 000100 0
055 A000100 N
055 B000100 N
056 000100 N
057 000100 N
062 A000100 N
062 B000100 0.0
062 C000100 0.0
062 D000100 0.0
062 E000100 0.0
062 F000100 0.0
062 G000100 0.0
062 H000100 0.0
062 I000100 0.0
062 J000100 0.0
062 K000100 0.0
062 L000100 0.0
062 M000100 0.0
062 N000100 0.0
062 O000100 0.0
062 P000100 0.0
062 Q000100 0.0
062 R000100 0.0
063 A000100 0
063 B000100 0.0
066 A000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 N
070 A020100 N
070 B010100 N
070 B020100 N
<PAGE> PAGE 6
070 C010100 N
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 N
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 N
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 N
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 6
072 B000100 48056
072 C000100 31014
072 D000100 0
072 E000100 0
072 F000100 0
072 G000100 785
072 H000100 0
072 I000100 2815
072 J000100 0
072 K000100 449
072 L000100 58
072 M000100 8
072 N000100 127
072 O000100 0
<PAGE> PAGE 7
072 P000100 0
072 Q000100 0
072 R000100 5
072 S000100 0
072 T000100 1505
072 U000100 0
072 V000100 0
072 W000100 3798
072 X000100 9550
072 Y000100 81
072 Z000100 69601
072AA000100 98958
072BB000100 0
072CC010100 410663
072CC020100 0
072DD010100 44278
072DD020100 23524
072EE000100 531370
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 0
074 K000100 0
074 L000100 0
074 M000100 4963828
074 N000100 4963828
074 O000100 0
074 P000100 51
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 247
074 S000100 0
074 T000100 4963530
074 U010100 246089
074 U020100 130462
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 345573
<PAGE> PAGE 8
074 Y000100 0
075 A000100 0
075 B000100 4979626
076 000100 0.00
028 A010200 32562
028 A020200 24
028 A030200 0
028 A040200 40740
028 B010200 29008
028 B020200 38
028 B030200 0
028 B040200 34691
028 C010200 36517
028 C020200 251180
028 C030200 0
028 C040200 52252
028 D010200 32608
028 D020200 23
028 D030200 0
028 D040200 86929
028 E010200 29479
028 E020200 52
028 E030200 0
028 E040200 49928
028 F010200 32746
028 F020200 9542
028 F030200 0
028 F040200 88355
028 G010200 192920
028 G020200 260859
028 G030200 0
028 G040200 352895
028 H000200 47059
029 000200 Y
030 A000200 1985
030 B000200 5.00
030 C000200 0.50
031 A000200 772
031 B000200 0
032 000200 0
033 000200 1213
034 000200 Y
035 000200 272
036 A000200 N
036 B000200 0
037 000200 N
038 000200 0
039 000200 N
040 000200 Y
041 000200 Y
042 A000200 0
<PAGE> PAGE 9
042 B000200 0
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 100
043 000200 2135
044 000200 0
055 A000200 N
055 B000200 N
056 000200 N
057 000200 N
062 A000200 N
062 B000200 0.0
062 C000200 0.0
062 D000200 0.0
062 E000200 0.0
062 F000200 0.0
062 G000200 0.0
062 H000200 0.0
062 I000200 0.0
062 J000200 0.0
062 K000200 0.0
062 L000200 0.0
062 M000200 0.0
062 N000200 0.0
062 O000200 0.0
062 P000200 0.0
062 Q000200 0.0
062 R000200 0.0
063 A000200 0
063 B000200 0.0
066 A000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 N
070 A020200 N
070 B010200 N
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
<PAGE> PAGE 10
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 N
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 N
070 N020200 N
070 O010200 N
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 0
071 B000200 0
071 C000200 0
071 D000200 0
072 A000200 6
072 B000200 2324
072 C000200 23226
072 D000200 0
072 E000200 0
072 F000200 0
072 G000200 422
072 H000200 0
072 I000200 1735
072 J000200 0
072 K000200 304
072 L000200 60
072 M000200 6
072 N000200 109
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 4
072 S000200 0
072 T000200 2135
072 U000200 0
072 V000200 0
072 W000200 2269
072 X000200 7044
<PAGE> PAGE 11
072 Y000200 58
072 Z000200 18564
072AA000200 133469
072BB000200 0
072CC010200 255369
072CC020200 0
072DD010200 16794
072DD020200 3226
072EE000200 250229
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 0
074 K000200 0
074 L000200 0
074 M000200 2647657
074 N000200 2647657
074 O000200 0
074 P000200 39
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 492
074 S000200 0
074 T000200 2647126
074 U010200 214701
074 U020200 65622
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 204321
074 Y000200 0
075 A000200 0
075 B000200 2621216
076 000200 0.00
SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> IDS MUTUAL FUND CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 4963827790
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4963827790
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 298260
<TOTAL-LIABILITIES> 298260
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4482410126
<SHARES-COMMON-STOCK> 246088948
<SHARES-COMMON-PRIOR> 229608906
<ACCUMULATED-NII-CURRENT> 4421413
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 95196627
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 381501364
<NET-ASSETS> 3245625779
<DIVIDEND-INCOME> 31014164
<INTEREST-INCOME> 59340674
<OTHER-INCOME> 0
<EXPENSES-NET> 20753365
<NET-INVESTMENT-INCOME> 69601473
<REALIZED-GAINS-CURRENT> 98957879
<APPREC-INCREASE-CURRENT> 410663313
<NET-CHANGE-FROM-OPS> 579222665
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 44278483
<DISTRIBUTIONS-OF-GAINS> 339669342
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8711824
<NUMBER-OF-SHARES-REDEEMED> 18709867
<SHARES-REINVESTED> 26478085
<NET-CHANGE-IN-ASSETS> 213864579
<ACCUMULATED-NII-PRIOR> 2621849
<ACCUMULATED-GAINS-PRIOR> 527608790
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 7378723
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 20834747
<AVERAGE-NET-ASSETS> 3216924062
<PER-SHARE-NAV-BEGIN> 13.29
<PER-SHARE-NII> .19
<PER-SHARE-GAIN-APPREC> 1.41
<PER-SHARE-DIVIDEND> .19
<PER-SHARE-DISTRIBUTIONS> 1.51
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.19
<EXPENSE-RATIO> .80
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> IDS MUTUAL FUND CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 4963827790
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4963827790
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 298260
<TOTAL-LIABILITIES> 298260
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4482410126
<SHARES-COMMON-STOCK> 32987511
<SHARES-COMMON-PRIOR> 27214864
<ACCUMULATED-NII-CURRENT> 4421413
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 95196627
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 381501364
<NET-ASSETS> 432174321
<DIVIDEND-INCOME> 31014164
<INTEREST-INCOME> 59340674
<OTHER-INCOME> 0
<EXPENSES-NET> 20753365
<NET-INVESTMENT-INCOME> 69601473
<REALIZED-GAINS-CURRENT> 98957879
<APPREC-INCREASE-CURRENT> 410663313
<NET-CHANGE-FROM-OPS> 579222665
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 4187680
<DISTRIBUTIONS-OF-GAINS> 42241506
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5060629
<NUMBER-OF-SHARES-REDEEMED> 2844425
<SHARES-REINVESTED> 3556443
<NET-CHANGE-IN-ASSETS> 213864579
<ACCUMULATED-NII-PRIOR> 2621849
<ACCUMULATED-GAINS-PRIOR> 527608790
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 982521
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 20834747
<AVERAGE-NET-ASSETS> 402328667
<PER-SHARE-NAV-BEGIN> 13.21
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 1.40
<PER-SHARE-DIVIDEND> .14
<PER-SHARE-DISTRIBUTIONS> 1.51
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.10
<EXPENSE-RATIO> 1.56
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> IDS MUTUAL FUND CLASS Y
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 4963827790
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 4963827790
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 298260
<TOTAL-LIABILITIES> 298260
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4482410126
<SHARES-COMMON-STOCK> 97474158
<SHARES-COMMON-PRIOR> 100714245
<ACCUMULATED-NII-CURRENT> 4421413
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 95196627
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 381501364
<NET-ASSETS> 1285729430
<DIVIDEND-INCOME> 31014164
<INTEREST-INCOME> 59340674
<OTHER-INCOME> 0
<EXPENSES-NET> 20753365
<NET-INVESTMENT-INCOME> 69601473
<REALIZED-GAINS-CURRENT> 98957879
<APPREC-INCREASE-CURRENT> 410663313
<NET-CHANGE-FROM-OPS> 579222665
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 19335746
<DISTRIBUTIONS-OF-GAINS> 149459194
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10483221
<NUMBER-OF-SHARES-REDEEMED> 26810262
<SHARES-REINVESTED> 13086954
<NET-CHANGE-IN-ASSETS> 213864579
<ACCUMULATED-NII-PRIOR> 2621849
<ACCUMULATED-GAINS-PRIOR> 527608790
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2923024
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 20834747
<AVERAGE-NET-ASSETS> 1382732415
<PER-SHARE-NAV-BEGIN> 13.29
<PER-SHARE-NII> .20
<PER-SHARE-GAIN-APPREC> 1.40
<PER-SHARE-DIVIDEND> .19
<PER-SHARE-DISTRIBUTIONS> 1.51
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.19
<EXPENSE-RATIO> .72
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> IDS DIVERSIFIED EQUITY INCOME FUND CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 2647656530
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2647656530
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 530517
<TOTAL-LIABILITIES> 530517
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2319085134
<SHARES-COMMON-STOCK> 214701200
<SHARES-COMMON-PRIOR> 204015159
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 838876
<ACCUMULATED-NET-GAINS> 133533458
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 195346297
<NET-ASSETS> 2027331578
<DIVIDEND-INCOME> 29764016
<INTEREST-INCOME> 2324061
<OTHER-INCOME> 0
<EXPENSES-NET> 13523589
<NET-INVESTMENT-INCOME> 18564488
<REALIZED-GAINS-CURRENT> 133469157
<APPREC-INCREASE-CURRENT> 255368891
<NET-CHANGE-FROM-OPS> 407402536
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 16794453
<DISTRIBUTIONS-OF-GAINS> 188382739
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11658141
<NUMBER-OF-SHARES-REDEEMED> 22406890
<SHARES-REINVESTED> 21434790
<NET-CHANGE-IN-ASSETS> 238037106
<ACCUMULATED-NII-PRIOR> 616616
<ACCUMULATED-GAINS-PRIOR> 250293495
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5006838
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13581543
<AVERAGE-NET-ASSETS> 1993868982
<PER-SHARE-NAV-BEGIN> 8.96
<PER-SHARE-NII> .07
<PER-SHARE-GAIN-APPREC> 1.43
<PER-SHARE-DIVIDEND> .08
<PER-SHARE-DISTRIBUTIONS> .94
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.44
<EXPENSE-RATIO> .87
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> IDS DIVERSIFIED EQUITY INCOME FUND CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 2647656530
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2647656530
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 530517
<TOTAL-LIABILITIES> 530517
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2319085134
<SHARES-COMMON-STOCK> 63409544
<SHARES-COMMON-PRIOR> 56327822
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 838876
<ACCUMULATED-NET-GAINS> 133533458
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 195346297
<NET-ASSETS> 598901734
<DIVIDEND-INCOME> 29764016
<INTEREST-INCOME> 2324061
<OTHER-INCOME> 0
<EXPENSES-NET> 13523589
<NET-INVESTMENT-INCOME> 18564488
<REALIZED-GAINS-CURRENT> 133469157
<APPREC-INCREASE-CURRENT> 255368891
<NET-CHANGE-FROM-OPS> 407402536
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2632018
<DISTRIBUTIONS-OF-GAINS> 53833250
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 7408400
<NUMBER-OF-SHARES-REDEEMED> 6410660
<SHARES-REINVESTED> 6083982
<NET-CHANGE-IN-ASSETS> 238037106
<ACCUMULATED-NII-PRIOR> 616616
<ACCUMULATED-GAINS-PRIOR> 250293495
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1479089
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13581543
<AVERAGE-NET-ASSETS> 570959919
<PER-SHARE-NAV-BEGIN> 8.96
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> 1.43
<PER-SHARE-DIVIDEND> .05
<PER-SHARE-DISTRIBUTIONS> .94
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.44
<EXPENSE-RATIO> 1.64
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 7
<NAME> IDS DIVERSIFIED EQUITY INCOME FUND CLASS Y
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> SEP-30-1999
<PERIOD-END> MAR-31-1999
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 0
<RECEIVABLES> 0
<ASSETS-OTHER> 2647656530
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2647656530
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 530517
<TOTAL-LIABILITIES> 530517
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2319085134
<SHARES-COMMON-STOCK> 2212062
<SHARES-COMMON-PRIOR> 8468411
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 838876
<ACCUMULATED-NET-GAINS> 133533458
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 195346297
<NET-ASSETS> 20892701
<DIVIDEND-INCOME> 29764016
<INTEREST-INCOME> 2324061
<OTHER-INCOME> 0
<EXPENSES-NET> 13523589
<NET-INVESTMENT-INCOME> 18564488
<REALIZED-GAINS-CURRENT> 133469157
<APPREC-INCREASE-CURRENT> 255368891
<NET-CHANGE-FROM-OPS> 407402536
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 593509
<DISTRIBUTIONS-OF-GAINS> 8013205
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1310967
<NUMBER-OF-SHARES-REDEEMED> 8507108
<SHARES-REINVESTED> 939792
<NET-CHANGE-IN-ASSETS> 238037106
<ACCUMULATED-NII-PRIOR> 616616
<ACCUMULATED-GAINS-PRIOR> 250293495
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 51598
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13581543
<AVERAGE-NET-ASSETS> 69107557
<PER-SHARE-NAV-BEGIN> 8.96
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> 1.43
<PER-SHARE-DIVIDEND> .09
<PER-SHARE-DISTRIBUTIONS> .94
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.44
<EXPENSE-RATIO> .78
</TABLE>
EXHIBIT 77D for IDS Investment Series, Inc.
At the Board of Directors meetings held on October 7-8, 1998, the following
investment policies were eliminated:
The Fund will not pledge or mortgage its assets beyond 15% of total assets.
The Fund will not invest more than 5% of its total assets in securities of
companies including any predecessors, that have a record of less than three
years continuous operations.
The Fund will not invest more than 5% of its net assets in warrants.
The Fund will not invest in exploration or development programs such as oil, gas
or mineral leases.
For Diverisifed Equity Income, the Fund will not purchase securities of an
issuer if the board members and officers of the Fund, the Portfolio and of
American Express Financial Corporations (AEFC) hold more than a certain
percentage of the issuer's outstanding securities. If the holdings of all board
members and officers of the Fund, the Portfolio and AEFC who own more than 0.5%
if an issuer's securities are added together, and if in total they own more than
5%, the Portfolio will not purchase securities of that issuer.
