IDS STRATEGY FUND INC
NSAR-A, 1994-11-28
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<PAGE>      PAGE  1
000 A000000 09/30/94
000 C000000 0000740146
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000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 IDS STRATEGY FUND, INC.
001 B000000 811-3956
001 C000000 6126712772
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  5
011 A00AA01 IDS FINANCIAL SERVICES, INC.
011 B00AA01 8-16791
011 C01AA01 MINNEAPOLIS
011 C02AA01 MN
011 C03AA01 55440
011 C04AA01 0010
013 A00AA01 KPMG PEAT MARWICK LLP
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
013 B04AA01 3900
014 A00AA01 IDS FINANCIAL CORPORATION
014 B00AA01 8-31250
014 A00AA02 IDS FINANCIAL SERVICES INC.
014 B00AA02 8-16791
014 A00AA03 IDS LIFE INSURANCE COMPANY
014 B00AA03 8-14124
014 A00AA04 IDS SECURITIES CORPORATION
014 B00AA04 8-12550
014 A00AA05 MERCER ALLIED CORPORATION
014 B00AA05 8-20745
014 A00AA06 AMERICAN EXPRESS SERVICE CORPORATION
014 B00AA06 8-27456
014 A00AA07 AMERICAN ENTERPRISE INVESTMENT SERVICES INC.
014 B00AA07 8-42582
020 A000001 MERRILL LYNCH & CO., INC.
020 B000001 13-5674085
020 C000001    178
<PAGE>      PAGE  2
020 A000002 WARBURG SECURITIES
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020 A000003 PRUDENTIAL SECURITIES
020 B000003 22-2347336
020 C000003    168
020 A000004 CS FIRST BOSTON GROUP
020 B000004 13-5659485
020 C000004    111
020 A000005 MORGAN STANLEY & COMPANY, INC.
020 B000005 13-2655998
020 C000005    101
020 A000006 BEAR STEARNS & CO.
020 B000006 13-3299429
020 C000006     98
020 A000007 GOLDMAN SACHS & CO.
020 B000007 13-5108880
020 C000007     91
020 A000008 DONALDSON LUFKIN JENRETTE SEC. CORP.
020 B000008 13-2741729
020 C000008     76
020 A000009 WEEDEN & CO. LP
020 B000009 13-3364318
020 C000009     73
020 A000010 CAPITAL INSTITUTIONAL SERVICES
020 B000010 75-1565705
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022 A000003 LEHMAN COMMERCIAL PAPER INC.
022 B000003 13-2501865
022 C000003    451703
022 D000003     25566
022 A000004 MORGAN STANLEY & COMPANY, INC.
022 B000004 13-2655998
022 C000004    215073
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022 A000005 J.P. MORGAN SECURITIES
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022 C000005    200264
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<PAGE>      PAGE  3
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022 A000008 SALOMON BROTHERS
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<PAGE>      PAGE  4
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<PAGE>      PAGE  7
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  12
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025 A000401 DEAN WITTER REYNOLDS INC.
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<PAGE>      PAGE  13
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073 A010500   0.0000
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<PAGE>      PAGE  19
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074 P000500      491
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SIGNATURE   LESLIE L. OGG                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 1
   <NAME> IDS SHORT-TERM INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-END>                               SEP-30-1994
<INVESTMENTS-AT-COST>                        217312688
<INVESTMENTS-AT-VALUE>                       213661928
<RECEIVABLES>                                  1901986
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               215563914
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      3676905
<TOTAL-LIABILITIES>                            3676905
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     217122847
<SHARES-COMMON-STOCK>                        216523952
<SHARES-COMMON-PRIOR>                        192181825
<ACCUMULATED-NII-CURRENT>                       108947
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                      (1694025)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     (3650760)
<NET-ASSETS>                                 211887009
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                              5605840
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 1809976
<NET-INVESTMENT-INCOME>                        3795864
<REALIZED-GAINS-CURRENT>                     (1816930)
<APPREC-INCREASE-CURRENT>                    (1622955)
<NET-CHANGE-FROM-OPS>                           355979
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                    (3731720)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                      128614035
<NUMBER-OF-SHARES-REDEEMED>                (107930516)
<SHARES-REINVESTED>                            3658608
<NET-CHANGE-IN-ASSETS>                        20616059
<ACCUMULATED-NII-PRIOR>                        7336692
<ACCUMULATED-GAINS-PRIOR>                       845891
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                           556132
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                1809976
<AVERAGE-NET-ASSETS>                         211375567
<PER-SHARE-NAV-BEGIN>                             1.00
<PER-SHARE-NII>                                    .02
<PER-SHARE-GAIN-APPREC>                          (.02)
<PER-SHARE-DIVIDEND>                             (.02)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                                .98
<EXPENSE-RATIO>                                   1.71
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 2
   <NAME> IDS INCOME FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-END>                               SEP-30-1994
<INVESTMENTS-AT-COST>                        693369648
<INVESTMENTS-AT-VALUE>                       660541563
<RECEIVABLES>                                 33168287
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                          25843064
<TOTAL-ASSETS>                               719552914
<PAYABLE-FOR-SECURITIES>                       4245138
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     34983631
<TOTAL-LIABILITIES>                           39228769
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     707300408
<SHARES-COMMON-STOCK>                        115444256
<SHARES-COMMON-PRIOR>                        120617506
<ACCUMULATED-NII-CURRENT>                          677
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        5878022
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                    (32854962)
<NET-ASSETS>                                 680324145
<DIVIDEND-INCOME>                               574113
<INTEREST-INCOME>                             28202937
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 5847355
<NET-INVESTMENT-INCOME>                       22929695
<REALIZED-GAINS-CURRENT>                     (8489289)
<APPREC-INCREASE-CURRENT>                   (30861391)
<NET-CHANGE-FROM-OPS>                       (16420985)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   (23300709)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       13761328
<NUMBER-OF-SHARES-REDEEMED>                 (22476270)
<SHARES-REINVESTED>                            3541692
<NET-CHANGE-IN-ASSETS>                      (70960141)
<ACCUMULATED-NII-PRIOR>                       45452151
<ACCUMULATED-GAINS-PRIOR>                     25823632
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1873513
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                5847355
<AVERAGE-NET-ASSETS>                         712017478
<PER-SHARE-NAV-BEGIN>                             6.23
<PER-SHARE-NII>                                    .20
<PER-SHARE-GAIN-APPREC>                          (.34)
<PER-SHARE-DIVIDEND>                             (.20)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               5.89
<EXPENSE-RATIO>                                   1.64
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 3
   <NAME> IDS EQUITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-END>                               SEP-30-1994
<INVESTMENTS-AT-COST>                       1139351926
<INVESTMENTS-AT-VALUE>                      1167584354
<RECEIVABLES>                                 37812127
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                          22759895
<TOTAL-ASSETS>                              1228156376
<PAYABLE-FOR-SECURITIES>                       9698805
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     38926985
<TOTAL-LIABILITIES>                           48625790
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                    1096770996
<SHARES-COMMON-STOCK>                        126083198
<SHARES-COMMON-PRIOR>                        112526528
<ACCUMULATED-NII-CURRENT>                       673354
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       53745012
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      28341224
<NET-ASSETS>                                1179530586
<DIVIDEND-INCOME>                             15023333
<INTEREST-INCOME>                              4468320
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 8888359
<NET-INVESTMENT-INCOME>                       10603294
<REALIZED-GAINS-CURRENT>                      12788070
<APPREC-INCREASE-CURRENT>                      9311694
<NET-CHANGE-FROM-OPS>                         32703058
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                   (11290938)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       17724827
<NUMBER-OF-SHARES-REDEEMED>                  (5372323)
<SHARES-REINVESTED>                            1204166
<NET-CHANGE-IN-ASSETS>                       148212778
<ACCUMULATED-NII-PRIOR>                       17634417
<ACCUMULATED-GAINS-PRIOR>                     81083334
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          3001174
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                8888359
<AVERAGE-NET-ASSETS>                        1119421337
<PER-SHARE-NAV-BEGIN>                             9.17
<PER-SHARE-NII>                                    .09
<PER-SHARE-GAIN-APPREC>                            .19
<PER-SHARE-DIVIDEND>                             (.09)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.36
<EXPENSE-RATIO>                                   1.58
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 4
   <NAME> AGGRESSIVE EQUITY FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-END>                               SEP-30-1994
<INVESTMENTS-AT-COST>                        608579329
<INVESTMENTS-AT-VALUE>                       716736589
<RECEIVABLES>                                 18479883
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               735216472
<PAYABLE-FOR-SECURITIES>                      22333568
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     10907133
<TOTAL-LIABILITIES>                           33240701
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     592814424
<SHARES-COMMON-STOCK>                         49450588
<SHARES-COMMON-PRIOR>                         45323834
<ACCUMULATED-NII-CURRENT>                    (1149749)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        2153836
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     108157260
<NET-ASSETS>                                 701975771
<DIVIDEND-INCOME>                              2178989
<INTEREST-INCOME>                              2754599
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 6083337
<NET-INVESTMENT-INCOME>                      (1149749)
<REALIZED-GAINS-CURRENT>                     (5634693)
<APPREC-INCREASE-CURRENT>                     (631584)
<NET-CHANGE-FROM-OPS>                        (7416026)
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        6925302
<NUMBER-OF-SHARES-REDEEMED>                  (2798548)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        49723535
<ACCUMULATED-NII-PRIOR>                      (6219834)
<ACCUMULATED-GAINS-PRIOR>                     41579148
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2055548
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                6083337
<AVERAGE-NET-ASSETS>                         656233481
<PER-SHARE-NAV-BEGIN>                            14.39
<PER-SHARE-NII>                                  (.02)
<PER-SHARE-GAIN-APPREC>                          (.17)
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.20
<EXPENSE-RATIO>                                   1.85
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 5
   <NAME> IDS WORLDWIDE GROWTH FUND
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1995
<PERIOD-END>                               SEP-30-1994
<INVESTMENTS-AT-COST>                        294683406
<INVESTMENTS-AT-VALUE>                       311673497
<RECEIVABLES>                                 35111480
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                           9251369
<TOTAL-ASSETS>                               356036346
<PAYABLE-FOR-SECURITIES>                       5181265
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                     50282153
<TOTAL-LIABILITIES>                           55463418
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     279912107
<SHARES-COMMON-STOCK>                         52996955
<SHARES-COMMON-PRIOR>                         40101361
<ACCUMULATED-NII-CURRENT>                       301764
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        3715853
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                      16643204
<NET-ASSETS>                                 300573928
<DIVIDEND-INCOME>                              2595122
<INTEREST-INCOME>                               616424
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 2909782
<NET-INVESTMENT-INCOME>                         301764
<REALIZED-GAINS-CURRENT>                       8594291
<APPREC-INCREASE-CURRENT>                      4118552
<NET-CHANGE-FROM-OPS>                         13014607
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                       15042043
<NUMBER-OF-SHARES-REDEEMED>                  (2146449)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                        85252624
<ACCUMULATED-NII-PRIOR>                       (385732)
<ACCUMULATED-GAINS-PRIOR>                      6245625
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          1125094
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                2909782
<AVERAGE-NET-ASSETS>                         262557864
<PER-SHARE-NAV-BEGIN>                             5.37
<PER-SHARE-NII>                                  (.01)
<PER-SHARE-GAIN-APPREC>                            .31
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               5.67
<EXPENSE-RATIO>                                   2.21
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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