IDS STRATEGY FUND INC
NSAR-A, 1995-11-28
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<PAGE>      PAGE  1
000 A000000 09/30/95
000 C000000 0000740146
000 D000000 N
000 E000000 F
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  8
007 C010100  1
007 C010200  2
007 C010300  3
007 C020300 EQUITY VALUE FUND
007 C030300 N
007 C010400  4
007 C020400 STRATEGY AGGRESSIVE FUND
007 C030400 N
007 C010500  5
007 C010600  6
007 C020600 EQUITY VALUE FUND CLASS A
007 C030600 N
007 C010700  7
007 C020700 EQUITY VALUE FUND CLASS B
007 C030700 N
007 C010800  8
007 C020800 EQUITY VALUE FUND CLASS Y
007 C030800 N
007 C010900  9
007 C020900 STRATEGY AGGRESSIVE FUND CLASS A
007 C030900 N
007 C011000 10
007 C021000 STRATEGY AGGRESSIVE FUND CLASS B
007 C031000 N
020 A000001 PRUDENTIAL SECURITIES
020 B000001 22-2347336
020 C000001    164
020 A000002 MERRILL LYNCH & CO., INC.
<PAGE>      PAGE  2
020 B000002 13-5674085
020 C000002    105
020 A000003 PAINE WEBBER INC.
020 B000003 13-2638166
020 C000003    104
020 A000004 CS FIRST BOSTON GROUP
020 B000004 13-5659485
020 C000004    100
020 A000005 OPPENHEIMER & CO., INC.
020 B000005 13-2798343
020 C000005     89
020 A000006 LEHMAN BROTHERS INC.
020 B000006 13-2518466
020 C000006     81
020 A000007 NATWEST SECURITIES INC.
020 B000007 13-3312778
020 C000007     72
020 A000008 WERTHEIM SCHRODER & CO., INC.
020 B000008 13-2697272
020 C000008     63
020 A000009 BARCLAYS DE ZOETE WEDD SEC. INC.
020 B000009 13-3551367
020 C000009     56
020 A000010 WEEDEN & CO. LP
020 B000010 13-3364318
020 C000010     55
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022 B000001 13-5674085
022 C000001    389088
022 D000001     67831
022 A000002 GOLDMAN SACHS & CO., INC.
022 B000002 13-5108880
022 C000002    386476
022 D000002     38451
022 A000003 LEHMAN COMMERCIAL PAPER INC.
022 B000003 13-2501865
022 C000003    264447
022 D000003     25566
022 A000004 MORGAN STANLEY & COMPANY, INC.
022 B000004 13-2655998
022 C000004    148472
022 D000004     63311
022 A000005 J.P. MORGAN SECURITIES
022 B000005 13-3224016
022 C000005    108319
022 D000005     10282
022 A000006 FIRST CHICAGO CAPITAL MKTS.
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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008 A000401 AMERICAN EXPRESS FINANCIAL CORPORATION
008 B000401 A
008 C000401 801-14721
008 D010401 MINNEAPOLIS
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008 D030401 55440
008 D040401 0010
025 A000401 DEAN WITTER REYNOLDS INC.
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025 C000401 E
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<PAGE>      PAGE  8
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SIGNATURE   LESLIE L. OGG                                
TITLE       VICE PRESIDENT      
 


<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 6
   <NAME> EQUITY VALUE FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               SEP-30-1995
<INVESTMENTS-AT-COST>                       1280111426
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 7
   <NAME> EQUITY VALUE FUND CLASS B
       
<S>                             <C>
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<PERIOD-END>                               SEP-30-1995
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<ACCUMULATED-NII-CURRENT>                       375804
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 8
   <NAME> EQUITY VALUE FUND CLASS Y
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               SEP-30-1995
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<ACCUMULATED-GAINS-PRIOR>                      7363051
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          3513590
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                               11868495
<AVERAGE-NET-ASSETS>                           9317211
<PER-SHARE-NAV-BEGIN>                             9.21
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                           1.05
<PER-SHARE-DIVIDEND>                             (.14)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              10.25
<EXPENSE-RATIO>                                    .78
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 9
   <NAME> STRATEGY AGGRESSIVE FUND CLASS A
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               SEP-30-1995
<INVESTMENTS-AT-COST>                        643930762
<INVESTMENTS-AT-VALUE>                       937347528
<RECEIVABLES>                                 22699761
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               960047289
<PAYABLE-FOR-SECURITIES>                       9233834
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      6874062
<TOTAL-LIABILITIES>                           16107896
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     616672995
<SHARES-COMMON-STOCK>                          1076273
<SHARES-COMMON-PRIOR>                           488227
<ACCUMULATED-NII-CURRENT>                    (2781999)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       36632667
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     293415730
<NET-ASSETS>                                 943939393
<DIVIDEND-INCOME>                              2035586
<INTEREST-INCOME>                              3107394
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (7924364)
<NET-INVESTMENT-INCOME>                      (2781384)
<REALIZED-GAINS-CURRENT>                      32515231
<APPREC-INCREASE-CURRENT>                    148351324
<NET-CHANGE-FROM-OPS>                        178085171
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        1504546
<NUMBER-OF-SHARES-REDEEMED>                   (916500)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       160534458
<ACCUMULATED-NII-PRIOR>                      (2825273)
<ACCUMULATED-GAINS-PRIOR>                      4230074
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2543790
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                7924364
<AVERAGE-NET-ASSETS>                          12811671
<PER-SHARE-NAV-BEGIN>                            14.91
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           3.50
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.41
<EXPENSE-RATIO>                                   1.12
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 10
   <NAME> STRATEGY AGGRESSIVE FUND CLASS B
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               SEP-30-1995
<INVESTMENTS-AT-COST>                        643930762
<INVESTMENTS-AT-VALUE>                       937347528
<RECEIVABLES>                                 22699761
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               960047289
<PAYABLE-FOR-SECURITIES>                       9233834
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      6874062
<TOTAL-LIABILITIES>                           16107896
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     616672995
<SHARES-COMMON-STOCK>                         50415504
<SHARES-COMMON-PRIOR>                         52087417
<ACCUMULATED-NII-CURRENT>                    (2781999)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       36632667
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     293415730
<NET-ASSETS>                                 943939393
<DIVIDEND-INCOME>                              2035586
<INTEREST-INCOME>                              3107394
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (7924364)
<NET-INVESTMENT-INCOME>                      (2781384)
<REALIZED-GAINS-CURRENT>                      32515231
<APPREC-INCREASE-CURRENT>                    148351324
<NET-CHANGE-FROM-OPS>                        178085171
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (615)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                        3064021
<NUMBER-OF-SHARES-REDEEMED>                  (4735978)
<SHARES-REINVESTED>                                 44
<NET-CHANGE-IN-ASSETS>                       160534458
<ACCUMULATED-NII-PRIOR>                      (2825273)
<ACCUMULATED-GAINS-PRIOR>                      4230074
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2543790
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                7924364
<AVERAGE-NET-ASSETS>                         836114302
<PER-SHARE-NAV-BEGIN>                            14.90
<PER-SHARE-NII>                                  (.07)
<PER-SHARE-GAIN-APPREC>                           3.50
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.33
<EXPENSE-RATIO>                                   1.88
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 11
   <NAME> STRATEGY AGGRESSIVE FUND CLASS Y
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          MAR-31-1996
<PERIOD-END>                               SEP-30-1995
<INVESTMENTS-AT-COST>                        643930762
<INVESTMENTS-AT-VALUE>                       937347528
<RECEIVABLES>                                 22699761
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                               960047289
<PAYABLE-FOR-SECURITIES>                       9233834
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                      6874062
<TOTAL-LIABILITIES>                           16107896
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                     616672995
<SHARES-COMMON-STOCK>                              136
<SHARES-COMMON-PRIOR>                                1
<ACCUMULATED-NII-CURRENT>                    (2781999)
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                       36632667
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                     293415730
<NET-ASSETS>                                 943939393
<DIVIDEND-INCOME>                              2035586
<INTEREST-INCOME>                              3107394
<OTHER-INCOME>                                       0
<EXPENSES-NET>                               (7924364)
<NET-INVESTMENT-INCOME>                      (2781384)
<REALIZED-GAINS-CURRENT>                      32515231
<APPREC-INCREASE-CURRENT>                    148351324
<NET-CHANGE-FROM-OPS>                        178085171
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            135
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                       160534458
<ACCUMULATED-NII-PRIOR>                      (2825273)
<ACCUMULATED-GAINS-PRIOR>                      4230074
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                          2543790
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                7924364
<AVERAGE-NET-ASSETS>                              1692
<PER-SHARE-NAV-BEGIN>                            14.89
<PER-SHARE-NII>                                    .01
<PER-SHARE-GAIN-APPREC>                           3.50
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              18.40
<EXPENSE-RATIO>                                    .95
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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