<PAGE> PAGE 1
000 A000000 07/31/99
000 C000000 0000854669
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 U
001 A000000 AXP MARKET ADVANTAGE SERIES INC.
001 B000000 811-5897
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 AXP BLUE CHIP ADVANTAGE FUND
007 C030100 N
007 C010200 2
007 C020200 AXP SMALL COMPANY INDEX 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
013 A00AA01 KPMG LLP
013 B01AA01 MINNEAPOLIS
013 B02AA01 MN
013 B03AA01 55402
013 B04AA01 3900
014 A00AA01 AMERICAN EXPRESS FINANCIAL CORPORATION
014 B00AA01 8-31250
014 A00AA02 AMERICAN EXPRESS FINANCIAL ADVISORS 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 AMERICAN EXPRESS SERVICE CORPORATION
<PAGE> PAGE 2
014 B00AA05 8-27456
015 A00AA01 AMERICAN EXPRESS TRUST COMPANY
015 B00AA01 C
015 C01AA01 MINNEAPOLIS
015 C02AA01 MN
015 C03AA01 55402
015 C04AA01 2307
015 E01AA01 X
015 A00AA02 BANK OF NEW YORK
015 B00AA02 S
015 C01AA02 NEW YORK
015 C02AA02 NY
015 C03AA02 10286
015 C04AA02 0001
015 E04AA02 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 48
019 C00AA00 AMEXPFUNDS
020 A000001 GOLDMAN SACHS & CO.
020 B000001 13-5108880
020 C000001 195
020 A000002 CREDIT SUISSE FIRST BOSTON CORP.
020 B000002 13-5659485
020 C000002 193
020 A000003 MORGAN STANLEY & CO., INC.
020 B000003 13-2655998
020 C000003 131
020 A000004 SALOMON SMITH BARNEY INC.
020 B000004 13-1912900
020 C000004 115
020 A000005 LYNCH, JONES & RYAN, INC.
020 B000005 13-3356934
020 C000005 114
020 A000006 MERRILL LYNCH & CO., INC.
020 B000006 13-5674085
020 C000006 109
020 A000007 AMERICAN ENTERPRISE INV. SERV INC.
020 B000007 41-1667086
020 C000007 101
020 A000008 PRUDENTIAL SECURITIES INC.
020 B000008 22-2347336
020 C000008 63
020 A000009 MORGAN (J.P.) SECURITIES INC.
020 B000009 13-3224016
020 C000009 63
020 A000010 LEHMAN BROTHERS INC.
020 B000010 13-2518466
020 C000010 62
021 000000 2131
022 A000001 MORGAN STANLEY & CO., INC.
<PAGE> PAGE 3
022 B000001 13-2655998
022 C000001 339517
022 D000001 206758
022 A000002 LEHMAN COMMERCIAL PAPER INC.
022 B000002 13-2501865
022 C000002 301126
022 D000002 226333
022 A000003 LEHMAN BROTHERS INC.
022 B000003 13-2518466
022 C000003 194988
022 D000003 155703
022 A000004 MERRILL LYNCH & CO., INC.
022 B000004 13-5674085
022 C000004 240773
022 D000004 61335
022 A000005 MORGAN (J.P.) SECURITIES
022 B000005 13-3224016
022 C000005 71860
022 D000005 104233
022 A000006 GOLDMAN SACHS & CO.
022 B000006 13-5108880
022 C000006 151353
022 D000006 0
022 A000007 MORGAN (J.P.) SECURITIES
022 B000007 13-3224016
022 C000007 71860
022 D000007 104233
022 A000008 CREDIT SUISSE FIRST BOSTON CORP.
022 B000008 13-5659485
022 C000008 82610
022 D000008 37630
022 A000009 NATWEST SECURITIES CORP.
022 B000009 13-3312778
022 C000009 98533
022 D000009 16694
022 A000010 SALOMON SMITH BARNEY INC,
022 B000010 13-1912900
022 C000010 67630
022 D000010 23138
023 C000000 1881747
023 D000000 960786
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 Y
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
<PAGE> PAGE 4
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 N
054 I00AA00 N
054 J00AA00 N
054 K00AA00 N
054 L00AA00 Y
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 Y
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
077 A000000 Y
077 B000000 N
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
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
080 C00AA00 0
081 A00AA00 N
<PAGE> PAGE 5
081 B00AA00 0
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
025 A000101 BANK OF AMERICA
025 B000101 94-1687655
025 C000101 E
025 D000101 69417
025 A000102 MERRILL LYNCH
025 B000102 13-5674085
025 C000102 E
025 D000102 9080
025 A000103 MORGAN STANLEY
025 B000103 13-2655998
025 C000103 E
025 D000103 14925
025 A000104 FLEET FINANCIAL GROUP
025 B000104 05-0341324
025 C000104 E
025 D000104 21182
025 A000105 LEHMAN BROTHERS INC.
025 B000105 13-2518466
025 C000105 E
025 D000105 5681
025 A000106 SALOMON SMITH BARNEY
025 B000106 13-1912900
025 C000106 D
025 D000106 498
025 D000107 0
025 D000108 0
028 A010100 110156
028 A020100 2
028 A030100 0
028 A040100 42024
028 B010100 144751
028 B020100 1522
028 B030100 0
028 B040100 59233
028 C010100 151103
028 C020100 1
028 C030100 0
028 C040100 51959
028 D010100 123662
028 D020100 2
028 D030100 0
028 D040100 47547
<PAGE> PAGE 6
028 E010100 137420
028 E020100 1761
028 E030100 0
028 E040100 60981
028 F010100 135502
028 F020100 1
028 F030100 0
028 F040100 68172
028 G010100 802594
028 G020100 3289
028 G030100 0
028 G040100 329916
028 H000100 179082
029 000100 Y
030 A000100 5976
030 B000100 5.00
030 C000100 0.50
031 A000100 2165
031 B000100 0
032 000100 0
033 000100 3811
034 000100 Y
035 000100 472
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 5373
044 000100 0
045 000100 Y
046 000100 N
047 000100 N
048 000100 0.000
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
<PAGE> PAGE 7
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
051 000100 Y
052 000100 N
053 A000100 N
058 A000100 N
059 000100 Y
060 A000100 Y
060 B000100 Y
061 000100 100
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 Y
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 Y
070 F020100 Y
070 G010100 N
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 Y
<PAGE> PAGE 8
070 N010100 Y
070 N020100 Y
070 O010100 Y
070 O020100 N
070 P010100 Y
070 P020100 Y
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 1842155
071 B000100 1355035
071 C000100 3491359
071 D000100 39
072 A000100 6
072 B000100 2594
072 C000100 20205
072 D000100 0
072 E000100 0
072 F000100 6696
072 G000100 443
072 H000100 0
072 I000100 2666
072 J000100 96
072 K000100 398
072 L000100 51
072 M000100 9
072 N000100 203
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 11
072 S000100 0
072 T000100 5373
072 U000100 0
072 V000100 0
072 W000100 2495
072 X000100 18440
072 Y000100 50
072 Z000100 4409
072AA000100 208662
072BB000100 0
072CC010100 122767
072CC020100 0
072DD010100 2851
072DD020100 626
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
<PAGE> PAGE 9
074 A000100 6024
074 B000100 0
074 C000100 31408
074 D000100 0
074 E000100 0
074 F000100 3829210
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 16646
074 K000100 0
074 L000100 4042
074 M000100 0
074 N000100 3887330
074 O000100 19990
074 P000100 113
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 9873
074 S000100 0
074 T000100 3857354
074 U010100 177544
074 U020100 139811
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 305429
074 Y000100 0
075 A000100 0
075 B000100 3590539
076 000100 0.00
025 A000201 JEFFRIES GROUP
025 B000201 95-2622900
025 C000201 E
025 D000201 1956
025 A000202 LEGG MASON
025 B000202 52-0902557
025 C000202 E
025 D000202 5563
025 A000203 RAYMOND JAMES FINANCIAL
025 B000203 59-1237041
025 C000203 E
025 D000203 2886
025 A000204 BANK OF AMERICA
025 B000204 94-1687655
025 C000204 D
025 D000204 3686
025 A000205 DAIN RAUSCHER
025 B000205 41-0212020
<PAGE> PAGE 10
025 C000205 E
025 D000205 1860
025 A000206 HAMBRECHT & QUIST GROUP
025 B000206 94-3220242
025 C000206 E
025 D000206 2596
025 D000207 0
025 D000208 0
028 A010200 30594
028 A020200 0
028 A030200 0
028 A040200 28790
028 B010200 29841
028 B020200 0
028 B030200 0
028 B040200 39777
028 C010200 37471
028 C020200 0
028 C030200 0
028 C040200 38526
028 D010200 27648
028 D020200 0
028 D030200 0
028 D040200 28616
028 E010200 29940
028 E020200 0
028 E030200 0
028 E040200 30106
028 F010200 27923
028 F020200 0
028 F030200 0
028 F040200 22325
028 G010200 183417
028 G020200 0
028 G030200 0
028 G040200 188140
028 H000200 25706
029 000200 Y
030 A000200 1503
030 B000200 5.00
030 C000200 0.50
031 A000200 598
031 B000200 0
032 000200 0
033 000200 905
034 000200 Y
035 000200 251
036 A000200 N
036 B000200 0
042 A000200 0
042 B000200 0
<PAGE> PAGE 11
042 C000200 0
042 D000200 0
042 E000200 0
042 F000200 0
042 G000200 0
042 H000200 100
043 000200 1561
044 000200 0
045 000200 Y
046 000200 N
047 000200 N
048 000200 0.000
048 A010200 0
048 A020200 0.000
048 B010200 0
048 B020200 0.000
048 C010200 0
048 C020200 0.000
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 Y
052 000200 N
053 A000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 N
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 Y
070 F020200 Y
<PAGE> PAGE 12
070 G010200 N
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 Y
070 N010200 Y
070 N020200 Y
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 138940
071 B000200 147917
071 C000200 939470
071 D000200 15
072 A000200 6
072 B000200 374
072 C000200 3899
072 D000200 0
072 E000200 0
072 F000200 1721
072 G000200 344
072 H000200 0
072 I000200 1249
072 J000200 130
072 K000200 215
072 L000200 32
072 M000200 5
072 N000200 79
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 10
072 S000200 0
072 T000200 1561
072 U000200 0
072 V000200 0
072 W000200 702
<PAGE> PAGE 13
072 X000200 6048
072 Y000200 20
072 Z000200 -1756
072AA000200 44628
072BB000200 0
072CC010200 1598
072CC020200 0
072DD010200 0
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 201
074 B000200 0
074 C000200 20397
074 D000200 0
074 E000200 0
074 F000200 1001508
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 5203
074 K000200 0
074 L000200 346
074 M000200 922
074 N000200 1028577
074 O000200 3804
074 P000200 34
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 16045
074 S000200 0
074 T000200 1008694
074 U010200 96500
074 U020200 62148
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 128817
074 Y000200 0
075 A000200 0
075 B000200 950937
076 000200 0.00
SIGNATURE LESLIE L. OGG
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 1
<NAME> AXP BLUE CHIP ADVANTAGE FUND CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JUL-31-1999
<INVESTMENTS-AT-COST> 3299324296
<INVESTMENTS-AT-VALUE> 3860617822
<RECEIVABLES> 20688626
<ASSETS-OTHER> 6023815
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3887330263
<PAYABLE-FOR-SECURITIES> 19990039
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9985676
<TOTAL-LIABILITIES> 29975715
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2968241928
<SHARES-COMMON-STOCK> 177544031
<SHARES-COMMON-PRIOR> 156768848
<ACCUMULATED-NII-CURRENT> 1213378
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 327639608
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 560259634
<NET-ASSETS> 2165688488
<DIVIDEND-INCOME> 20205406
<INTEREST-INCOME> 2593847
<OTHER-INCOME> 0
<EXPENSES-NET> 18390565
<NET-INVESTMENT-INCOME> 4408688
<REALIZED-GAINS-CURRENT> 208662423
<APPREC-INCREASE-CURRENT> (122766574)
<NET-CHANGE-FROM-OPS> 90304537
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 2851321
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 36202247
<NUMBER-OF-SHARES-REDEEMED> 15647209
<SHARES-REINVESTED> 220145
<NET-CHANGE-IN-ASSETS> 562794502
<ACCUMULATED-NII-PRIOR> 281534
<ACCUMULATED-GAINS-PRIOR> 118977185
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6695657
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18440719
<AVERAGE-NET-ASSETS> 2033681287
<PER-SHARE-NAV-BEGIN> 11.88
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .32
<PER-SHARE-DIVIDEND> .02
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.20
<EXPENSE-RATIO> .77
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 2
<NAME> AXP BLUE CHIP ADVANTAGE FUND CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JUL-31-1999
<INVESTMENTS-AT-COST> 3299324296
<INVESTMENTS-AT-VALUE> 3860617822
<RECEIVABLES> 20688626
<ASSETS-OTHER> 6023815
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3887330263
<PAYABLE-FOR-SECURITIES> 19990039
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9985676
<TOTAL-LIABILITIES> 29975715
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2968241928
<SHARES-COMMON-STOCK> 110635933
<SHARES-COMMON-PRIOR> 94082982
<ACCUMULATED-NII-CURRENT> 1213378
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 327639608
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 560259634
<NET-ASSETS> 1335509618
<DIVIDEND-INCOME> 20205406
<INTEREST-INCOME> 2593847
<OTHER-INCOME> 0
<EXPENSES-NET> 18390565
<NET-INVESTMENT-INCOME> 4408688
<REALIZED-GAINS-CURRENT> 208662423
<APPREC-INCREASE-CURRENT> (122766574)
<NET-CHANGE-FROM-OPS> 90304537
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 23114927
<NUMBER-OF-SHARES-REDEEMED> 6562191
<SHARES-REINVESTED> 215
<NET-CHANGE-IN-ASSETS> 562794502
<ACCUMULATED-NII-PRIOR> 281534
<ACCUMULATED-GAINS-PRIOR> 118977185
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6695657
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18440719
<AVERAGE-NET-ASSETS> 1237223306
<PER-SHARE-NAV-BEGIN> 11.79
<PER-SHARE-NII> .00
<PER-SHARE-GAIN-APPREC> .28
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.07
<EXPENSE-RATIO> 1.53
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 3
<NAME> AXP BLUE CHIP ADVANTAGE FUND CLASS Y
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JUL-31-1999
<INVESTMENTS-AT-COST> 3299324296
<INVESTMENTS-AT-VALUE> 3860617822
<RECEIVABLES> 20688626
<ASSETS-OTHER> 6023815
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 3887330263
<PAYABLE-FOR-SECURITIES> 19990039
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 9985676
<TOTAL-LIABILITIES> 29975715
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2968241928
<SHARES-COMMON-STOCK> 29175468
<SHARES-COMMON-PRIOR> 27163215
<ACCUMULATED-NII-CURRENT> 1213378
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 327639608
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 560259634
<NET-ASSETS> 356156442
<DIVIDEND-INCOME> 20205406
<INTEREST-INCOME> 2593847
<OTHER-INCOME> 0
<EXPENSES-NET> 18390565
<NET-INVESTMENT-INCOME> 4408688
<REALIZED-GAINS-CURRENT> 208662423
<APPREC-INCREASE-CURRENT> (122766574)
<NET-CHANGE-FROM-OPS> 90304537
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 625523
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 6846374
<NUMBER-OF-SHARES-REDEEMED> 4885845
<SHARES-REINVESTED> 51724
<NET-CHANGE-IN-ASSETS> 562794502
<ACCUMULATED-NII-PRIOR> 281534
<ACCUMULATED-GAINS-PRIOR> 118977185
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6695657
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 18440719
<AVERAGE-NET-ASSETS> 344374177
<PER-SHARE-NAV-BEGIN> 11.89
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> .31
<PER-SHARE-DIVIDEND> .02
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.21
<EXPENSE-RATIO> .67
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 4
<NAME> AXP SMALL COMPANY INDEX FUND CLASS A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JUL-31-1999
<INVESTMENTS-AT-COST> 1042540031
<INVESTMENTS-AT-VALUE> 1021904762
<RECEIVABLES> 5549112
<ASSETS-OTHER> 1123515
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1028577389
<PAYABLE-FOR-SECURITIES> 3804628
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16078869
<TOTAL-LIABILITIES> 19883497
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 981508658
<SHARES-COMMON-STOCK> 96500183
<SHARES-COMMON-PRIOR> 97570741
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 1755444
<ACCUMULATED-NET-GAINS> 49738084
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (20797406)
<NET-ASSETS> 618773550
<DIVIDEND-INCOME> 3898449
<INTEREST-INCOME> 374351
<OTHER-INCOME> 0
<EXPENSES-NET> 6028244
<NET-INVESTMENT-INCOME> (1755444)
<REALIZED-GAINS-CURRENT> 44627944
<APPREC-INCREASE-CURRENT> 1598481
<NET-CHANGE-FROM-OPS> 44470981
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 19605734
<NUMBER-OF-SHARES-REDEEMED> 20676292
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 39748584
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5110140
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1720775
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6048086
<AVERAGE-NET-ASSETS> 579730364
<PER-SHARE-NAV-BEGIN> 6.11
<PER-SHARE-NII> .00
<PER-SHARE-GAIN-APPREC> .30
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 6.41
<EXPENSE-RATIO> .99
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 5
<NAME> AXP SMALL COMPANY INDEX FUND CLASS B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JUL-31-1999
<INVESTMENTS-AT-COST> 1042540031
<INVESTMENTS-AT-VALUE> 1021904762
<RECEIVABLES> 5549112
<ASSETS-OTHER> 1123515
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1028577389
<PAYABLE-FOR-SECURITIES> 3804628
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16078869
<TOTAL-LIABILITIES> 19883497
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 981508658
<SHARES-COMMON-STOCK> 61747538
<SHARES-COMMON-PRIOR> 61783355
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 1755444
<ACCUMULATED-NET-GAINS> 49738084
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (20797406)
<NET-ASSETS> 387344778
<DIVIDEND-INCOME> 3898449
<INTEREST-INCOME> 374351
<OTHER-INCOME> 0
<EXPENSES-NET> 6028244
<NET-INVESTMENT-INCOME> (1755444)
<REALIZED-GAINS-CURRENT> 44627944
<APPREC-INCREASE-CURRENT> 1598481
<NET-CHANGE-FROM-OPS> 44470981
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 11138701
<NUMBER-OF-SHARES-REDEEMED> 11174518
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 39748584
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5110140
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1720775
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6048086
<AVERAGE-NET-ASSETS> 361470152
<PER-SHARE-NAV-BEGIN> 6.00
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> .29
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 6.27
<EXPENSE-RATIO> 1.76
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 6
<NAME> AXP SMALL COMPANY INDEX FUND CLASS Y
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JAN-31-2000
<PERIOD-END> JUL-31-1999
<INVESTMENTS-AT-COST> 1042540031
<INVESTMENTS-AT-VALUE> 1021904762
<RECEIVABLES> 5549112
<ASSETS-OTHER> 1123515
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1028577389
<PAYABLE-FOR-SECURITIES> 3804628
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16078869
<TOTAL-LIABILITIES> 19883497
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 981508658
<SHARES-COMMON-STOCK> 400761
<SHARES-COMMON-PRIOR> 301133
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 1755444
<ACCUMULATED-NET-GAINS> 49738084
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (20797406)
<NET-ASSETS> 2575564
<DIVIDEND-INCOME> 3898449
<INTEREST-INCOME> 374351
<OTHER-INCOME> 0
<EXPENSES-NET> 6028244
<NET-INVESTMENT-INCOME> (1755444)
<REALIZED-GAINS-CURRENT> 44627944
<APPREC-INCREASE-CURRENT> 1598481
<NET-CHANGE-FROM-OPS> 44470981
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 159671
<NUMBER-OF-SHARES-REDEEMED> 60043
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 39748584
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 5110140
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1720775
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6048086
<AVERAGE-NET-ASSETS> 2040141
<PER-SHARE-NAV-BEGIN> 6.12
<PER-SHARE-NII> .00
<PER-SHARE-GAIN-APPREC> .31
<PER-SHARE-DIVIDEND> .00
<PER-SHARE-DISTRIBUTIONS> .00
<RETURNS-OF-CAPITAL> .00
<PER-SHARE-NAV-END> 6.43
<EXPENSE-RATIO> .87
</TABLE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 1
IDS FUNDS
IDS MARKET ADVANTAGE SERIES, INC.
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
1. Election of Board members.
H. Brewster Atwater, Jr.
Affirmative 240,672,386.988 52.996% 98.353%
Withhold 4,029,705.260 .887% 1.647%
TOTAL 244,702,092.248 53.883% 100.000%
Arne H. Carlson
Affirmative 240,155,513.257 52.882% 98.142%
Withhold 4,546,578.991 1.001% 1.858%
TOTAL 244,702,092.248 53.883% 100.000%
Lynne V. Cheney
Affirmative 240,659,383.572 52.993% 98.348%
Withhold 4,042,708.676 .890% 1.652%
TOTAL 244,702,092.248 53.883% 100.000%
William H. Dudley
Affirmative 240,784,885.694 53.020% 98.399%
Withhold 3,917,206.554 .863% 1.601%
TOTAL 244,702,092.248 53.883% 100.000%
David R. Hubers
Affirmative 240,876,656.395 53.041% 98.437%
Withhold 3,825,435.853 .842% 1.563%
TOTAL 244,702,092.248 53.883% 100.000%
Heinz F. Hutter
Affirmative 240,661,297.252 52.993% 98.349%
Withhold 4,040,794.996 .890% 1.651%
TOTAL 244,702,092.248 53.883% 100.000%
Anne P. Jones
Affirmative 240,789,749.116 53.022% 98.401%
Withhold 3,912,343.132 .861% 1.599%
TOTAL 244,702,092.248 53.883% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT Page 2
IDS FUNDS
IDS MARKET ADVANTAGE SERIES, INC.
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
William R. Pearce
Affirmative 240,612,454.075 52.983% 98.329%
Withhold 4,089,638.173 .900% 1.671%
TOTAL 244,702,092.248 53.883% 100.000%
Alan K. Simpson
Affirmative 240,490,891.549 52.956% 98.279%
Withhold 4,211,200.699 .927% 1.721%
TOTAL 244,702,092.248 53.883% 100.000%
John R. Thomas
Affirmative 240,775,879.633 53.019% 98.396%
Withhold 3,926,212.615 .864% 1.604%
TOTAL 244,702,092.248 53.883% 100.000%
C. Angus Wurtele
Affirmative 240,643,425.777 52.989% 98.341%
Withhold 4,058,666.471 .894% 1.659%
TOTAL 244,702,092.248 53.883% 100.000%
2. Ratify the selection of independent auditors
Affirmative 238,841,169.396 52.592% 97.605%
Against 2,472,113.520 .545% 1.010%
Abstain 3,388,809.332 .746% 1.385%
TOTAL 244,702,092.248 53.883% 100.000%
3. Change the Fund name from "IDS" to "AXP"
Affirmative 226,980,929.736 49.981% 92.758%
Against 13,807,596.323 3.040% 5.643%
Abstain 3,913,566.189 .862% 1.599%
TOTAL 244,702,092.248 53.883% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT Page 3
IDS FUNDS
IDS MARKET ADVANTAGE SERIES, INC.
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
** FUND TOTALS: SHARES
RECORD TOTAL 454,135,556.425
VOTED SHARES 244,702,092.248
PERCENT VOTED 53.883%
C49
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 1
IDS FUNDS
IDS BLUE CHIP ADVANTAGE FUND
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
1. Election of Board members.
H. Brewster Atwater, Jr.
Affirmative 160,683,221.313 54.186% 98.450%
Withhold 2,530,076.530 .853% 1.550%
TOTAL 163,213,297.843 55.039% 100.000%
Arne H. Carlson
Affirmative 160,402,046.812 54.091% 98.278%
Withhold 2,811,251.031 .948% 1.722%
TOTAL 163,213,297.843 55.039% 100.000%
Lynne V. Cheney
Affirmative 160,681,875.224 54.185% 98.449%
Withhold 2,531,422.619 .854% 1.551%
TOTAL 163,213,297.843 55.039% 100.000%
William H. Dudley
Affirmative 160,764,210.943 54.213% 98.499%
Withhold 2,449,086.900 .826% 1.501%
TOTAL 163,213,297.843 55.039% 100.000%
David R. Hubers
Affirmative 160,831,132.817 54.236% 98.540%
Withhold 2,382,165.026 .803% 1.460%
TOTAL 163,213,297.843 55.039% 100.000%
Heinz F. Hutter
Affirmative 160,683,189.223 54.186% 98.450%
Withhold 2,530,108.620 .853% 1.550%
TOTAL 163,213,297.843 55.039% 100.000%
Anne P. Jones
Affirmative 160,762,707.738 54.212% 98.499%
Withhold 2,450,590.105 .827% 1.501%
TOTAL 163,213,297.843 55.039% 100.000%
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 2
IDS FUNDS
IDS BLUE CHIP ADVANTAGE FUND
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
William R. Pearce
Affirmative 160,657,544.246 54.177% 98.434%
Withhold 2,555,753.597 .862% 1.566%
TOTAL 163,213,297.843 55.039% 100.000%
Alan K. Simpson
Affirmative 160,602,526.310 54.158% 98.400%
Withhold 2,610,771.533 .881% 1.600%
TOTAL 163,213,297.843 55.039% 100.000%
John R. Thomas
Affirmative 160,750,898.578 54.208% 98.491%
Withhold 2,462,399.625 .831% 1.509%
TOTAL 163,213,297.843 55.039% 100.000%
C. Angus Wurtele
Affirmative 160,702,014.916 54.192% 98.461%
Withhold 2,511,282.927 .847% 1.539%
TOTAL 163,213,297.843 55.039% 100.000%
2. Ratify the selection of independent auditors
Affirmative 159,481,376.373 53.780% 97.713%
Against 1,583,105.218 .534% .970%
Abstain 2,148,816.252 .725% 1.317%
TOTAL 163,508,062.473 55.039% 100.000%
3. Change the Fund name from "IDS" to "AXP"
Affirmative 151,394,715.130 51.053% 92.759%
Against 9,314,168.709 3.141% 5.707%
Abstain 2,504,414.004 .845% 1.534%
TOTAL 163,213,297.843 55.039% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT Page 3
IDS FUNDS
IDS BLUE CHIP ADVANTAGE FUND
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
5. Approve changes to the Investment Management Services
Agreement
Affirmative 136,029,292.078 45.872% 85.914%
Against 17,266,907.893 5.823% 10.906%
Abstain 5,035,548.872 1.698% 3.180%
TOTAL 158,331,748.843 53.393% 100.000%
Not Voting 4,881,549.000
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 4
IDS FUNDS
IDS BLUE CHIP ADVANTAGE FUND
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
** FUND TOTALS: SHARES
RECORD TOTAL 296,541,884.205
VOTED SHARES 163,213,297.843
PERCENT VOTED 55.039%
C49
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 1
IDS FUNDS
IDS BLUE CHIP ADVANTAGE FUND CLASS B
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
4. Approve a new shareholder service and distribution plan
Affirmative 47,250,569.011 46.407% 88.913%
Against 4,362,561.318 4.285% 8.209%
Abstain 1,529,170.849 1.502% 2.878%
TOTAL 53,142,301.178 52.194% 100.000%
Not Voting 28,446.000
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 2
IDS FUNDS
IDS BLUE CHIP ADVANTAGE FUND CLASS B
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
** FUND TOTALS: SHARES
RECORD TOTAL 101,816,916.416
VOTED SHARES 53,170,747.178
PERCENT VOTED 52.222%
C49
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 1
IDS FUNDS
IDS BLUE CHIP ADVANTAGE FUND CLASSES A & B
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
4. Approve a new shareholder service and distribution plan
Affirmative 122,743,000.705 45.744% 88.489%
Against 11,940,937.945 4.450% 8.609%
Abstain 4,025,526.924 1.500% 2.902%
TOTAL 138,709,465.574 51.694% 100.000%
Not Voting 4,881,057.000
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 2
IDS FUNDS
IDS BLUE CHIP ADVANTAGE FUND CLASSES A & B
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
** FUND TOTALS: SHARES
RECORD TOTAL 268,328,404.843
VOTED SHARES 143,590,522.574
PERCENT VOTED 53.513%
C49
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 1
IDS FUNDS
IDS SMALL COMPANY INDEX FUND
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
1. Election of Board members.
H. Brewster Atwater, Jr.
Affirmative 79,989,165.675 50.757% 98.160%
Withhold 1,499,628.730 .951% 1.840%
TOTAL 81,488,794.405 51.708% 100.000%
Arne H. Carlson
Affirmative 79,753,466.445 50.607% 97.870%
Withhold 1,735,327.960 1.101% 2.130%
TOTAL 81,488,794.405 51.708% 100.000%
Lynne V. Cheney
Affirmative 79,977,508.348 50.749% 98.145%
Withhold 1,511,286.057 .959% 1.855%
TOTAL 81,488,794.405 51.708% 100.000%
William H. Dudley
Affirmative 80,020,674.751 50.777% 98.198%
Withhold 1,468,119.654 .931% 1.802%
TOTAL 81,488,794.405 51.708% 100.000%
David R. Hubers
Affirmative 80,045,523.578 50.792% 98.229%
Withhold 1,443,270.827 .916% 1.771%
TOTAL 81,488,794.405 51.708% 100.000%
Heinz F. Hutter
Affirmative 79,978,108.029 50.750% 98.146%
Withhold 1,510,686.376 .958% 1.854%
TOTAL 81,488,794.405 51.708% 100.000%
Anne P. Jones
Affirmative 80,027,041.378 50.781% 98.206%
Withhold 1,461,753.027 .927% 1.794%
TOTAL 81,488,794.405 51.708% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT Page 2
IDS FUNDS
IDS SMALL COMPANY INDEX FUND
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
William R. Pearce
Affirmative 79,954,909.829 50.735% 98.118%
Withhold 1,533,884.576 .973% 1.882%
TOTAL 81,488,794.405 51.708% 100.000%
Alan K. Simpson
Affirmative 79,888,365.239 50.693% 98.036%
Withhold 1,600,429.166 1.015% 1.964%
TOTAL 81,488,794.405 51.708% 100.000%
John R. Thomas
Affirmative 80,024,981.055 50.779% 98.204%
Withhold 1,463,813.350 .929% 1.796%
TOTAL 81,488,794.405 51.708% 100.000%
C. Angus Wurtele
Affirmative 79,941,410.861 50.726% 98.101%
Withhold 1,547,383.544 .982% 1.899%
TOTAL 81,488,794.405 51.708% 100.000%
2. Ratify the selection of independent auditors
Affirmative 79,359,793.023 50.357% 97.387%
Against 889,008.352 .564% 1.091%
Abstain 1,239,993.080 .787% 1.522%
TOTAL 81,488,794.405 51.708% 100.000%
3. Change the Fund name from "IDS" to "AXP"
Affirmative 75,586,214.606 47.963% 92.757%
Against 4,493,427.614 2.851% 5.514%
Abstain 1,409,152.185 .894% 1.729%
TOTAL 81,488,794.405 51.708% 100.000%
SHAREHOLDER RESPONSE SUMMARY REPORT Page 3
IDS FUNDS
IDS SMALL COMPANY INDEX FUND
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
5. Approve changes to the Investment Management Services
Agreement
Affirmative 68,214,645.033 43.285% 88.178%
Against 6,644,925.328 4.217% 8.590%
Abstain 2,500,541.044 1.586% 3.232%
TOTAL 77,360,111.405 49.088% 100.000%
Not Voting 4,128,683.000
6. Changes to investment policies
6.1 Prohibited conflict of interest
Affirmative 71,486,261.520 45.361% 92.407%
Against 3,424,632.013 2.173% 4.427%
Abstain 2,449,217.872 1.554% 3.166%
TOTAL 77,360,111.405 49.088% 100.000%
Not Voting 4,128,683.000
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 4
IDS FUNDS
IDS SMALL COMPANY INDEX FUND
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
** FUND TOTALS: SHARES
RECORD TOTAL 157,593,672.220
VOTED SHARES 81,488,794.405
PERCENT VOTED 51.708%
C49
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 1
IDS FUNDS
IDS SMALL COMPANY INDEX FUND CLASS B
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
4. Approve a new shareholder service and distribution plan
Affirmative 27,154,615.255 44.434% 88.478%
Against 2,616,325.145 4.281% 8.525%
Abstain 919,861.789 1.505% 2.997%
TOTAL 30,690,802.189 50.220% 100.000%
Not Voting 1,144.000
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 2
IDS FUNDS
IDS SMALL COMPANY INDEX FUND CLASS B
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
** FUND TOTALS: SHARES
RECORD TOTAL 61,112,470.627
VOTED SHARES 30,691,946.189
PERCENT VOTED 50.222%
C49
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 1
IDS FUNDS
IDS SMALL COMPANY INDEX FUND CLASSES A & B
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
4. Approve a new shareholder service and distribution plan
Affirmative 68,162,113.795 43.345% 88.243%
Against 6,823,741.378 4.339% 8.834%
Abstain 2,257,486.682 1.435% 2.923%
TOTAL 77,243,341.855 49.119% 100.000%
Not Voting 4,127,997.000
<PAGE>
SHAREHOLDER RESPONSE SUMMARY REPORT Page 2
IDS FUNDS
IDS SMALL COMPANY INDEX FUND CLASSES A & B
June 30, 1999
% of Outstanding % of Shares
No. of Shares Shares Voted
--------------- ---------------- ----------------
** FUND TOTALS: SHARES
RECORD TOTAL 157,256,274.735
VOTED SHARES 81,371,338.855
PERCENT VOTED 51.744%
C49
