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


<ARTICLE> 6
<SERIES>
   <NUMBER>  4
   <NAME>   AXP MANAGED ALLOCATION FUND CLASS Y

<S>                                     <C>
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<PERIOD-END>                                  SEP-30-2000
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<PAYABLE-FOR-SECURITIES>                                0
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<SENIOR-EQUITY>                                         0
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<SHARES-COMMON-STOCK>                             3218962
<SHARES-COMMON-PRIOR>                             5334798
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<ACCUMULATED-NET-GAINS>                         118216172
<OVERDISTRIBUTION-GAINS>                                0
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<NET-ASSETS>                                     33847673
<DIVIDEND-INCOME>                                14912949
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<OTHER-INCOME>                                          0
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<NET-INVESTMENT-INCOME>                          47435178
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<NET-CHANGE-FROM-OPS>                           223405952
<EQUALIZATION>                                          0
<DISTRIBUTIONS-OF-INCOME>                         1127386
<DISTRIBUTIONS-OF-GAINS>                          4066958
<DISTRIBUTIONS-OTHER>                                   0
<NUMBER-OF-SHARES-SOLD>                            704194
<NUMBER-OF-SHARES-REDEEMED>                       3320098
<SHARES-REINVESTED>                                500068
<NET-CHANGE-IN-ASSETS>                         (344941825)
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<GROSS-EXPENSE>                                  22329131
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<PER-SHARE-NAV-BEGIN>                               10.50
<PER-SHARE-NII>                                       .27
<PER-SHARE-GAIN-APPREC>                               .82
<PER-SHARE-DIVIDEND>                                  .27
<PER-SHARE-DISTRIBUTIONS>                             .80
<RETURNS-OF-CAPITAL>                                    0
<PER-SHARE-NAV-END>                                 10.52
<EXPENSE-RATIO>                                       .80


</TABLE>


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