AXP MANAGED SERIES INC
NSAR-B, EX-27, 2000-11-21
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<TABLE> <S> <C>


<ARTICLE> 6
<SERIES>
   <NUMBER>  1
   <NAME>   AXP MANAGED ALLOCATION FUND CLASS A

<S>                                 <C>
<PERIOD-TYPE>                                           YEAR
<FISCAL-YEAR-END>                                SEP-30-2000
<PERIOD-END>                                     SEP-30-2000
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<RECEIVABLES>                                              0
<ASSETS-OTHER>                                    1927065255
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<PAYABLE-FOR-SECURITIES>                                   0
<SENIOR-LONG-TERM-DEBT>                                    0
<OTHER-ITEMS-LIABILITIES>                             106145
<TOTAL-LIABILITIES>                                   106145
<SENIOR-EQUITY>                                            0
<PAID-IN-CAPITAL-COMMON>                          1719593483
<SHARES-COMMON-STOCK>                              159426335
<SHARES-COMMON-PRIOR>                              188621593
<ACCUMULATED-NII-CURRENT>                            1027957
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<ACCUMULATED-NET-GAINS>                            118216172
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<NET-ASSETS>                                      1676521855
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<OTHER-INCOME>                                             0
<EXPENSES-NET>                                      22184168
<NET-INVESTMENT-INCOME>                             47435178
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<NET-CHANGE-FROM-OPS>                              223405952
<EQUALIZATION>                                             0
<DISTRIBUTIONS-OF-INCOME>                           43538120
<DISTRIBUTIONS-OF-GAINS>                           143121801
<DISTRIBUTIONS-OTHER>                                      0
<NUMBER-OF-SHARES-SOLD>                              6604062
<NUMBER-OF-SHARES-REDEEMED>                         53463694
<SHARES-REINVESTED>                                 17664374
<NET-CHANGE-IN-ASSETS>                            (344941825)
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<OVERDISTRIB-NII-PRIOR>                                    0
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<GROSS-ADVISORY-FEES>                                9974740
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<GROSS-EXPENSE>                                     22329131
<AVERAGE-NET-ASSETS>                              1871700959
<PER-SHARE-NAV-BEGIN>                                  10.49
<PER-SHARE-NII>                                          .25
<PER-SHARE-GAIN-APPREC>                                  .83
<PER-SHARE-DIVIDEND>                                     .25
<PER-SHARE-DISTRIBUTIONS>                                .80
<RETURNS-OF-CAPITAL>                                       0
<PER-SHARE-NAV-END>                                    10.52
<EXPENSE-RATIO>                                          .96


</TABLE>


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