497 1 c58272ae497.txt 497 . . . STATEMENT OF ADDITIONAL INFORMATION (SAI) SUPPLEMENT -- MAY 14, 2010*
FUND (SAI DATE) FORM # RiverSource Balanced Fund (4/1/10) S-6500 CJ RiverSource Diversified Bond Fund (4/1/10) S-6500 CJ RiverSource High Yield Bond Fund (4/1/10) S-6500 CJ
Effective May 27, 2010, Table 19. Portfolio Managers, is revised as follows for the funds listed above: Reporting provided as of fiscal year end, unless otherwise noted:
OTHER ACCOUNTS MANAGED (EXCLUDING THE FUND) --------------------------------------------------------- APPROXIMATE OWNERSHIP CONFLICTS NUMBER AND TYPE TOTAL NET PERFORMANCE BASED OF FUND OF STRUCTURE OF FUND PORTFOLIO MANAGER OF ACCOUNT(a) ASSETS ACCOUNTS(b) SHARES INTEREST COMPENSATION ------------------------------------------------------------------------------------------------------------------------------------ FOR FUNDS WITH FISCAL PERIOD ENDING MAY 31 ------------------------------------------------------------------------------------------------------------------------------------ RiverSource High Jennifer Ponce de 4 RICs $5.49 billion None None Yield Bond Leon(c) 1 PIV $9.56 million 28 other accounts $4.89 billion (4) (A) -------------------------------------------------------------------------------------------- Brian Lavin(c) 2 RICs $2.92 billion None None 1 PIV $9.56 million 4 other account $1.78 million ------------------------------------------------------------------------------------------------------------------------------------ FOR FUNDS WITH FISCAL PERIOD ENDED AUGUST 31 ------------------------------------------------------------------------------------------------------------------------------------ RiverSource Tom Murphy 6 RICs $6.26 billion 3 RICs ($916.13 M) $10,001 - Diversified Bond 2 PIVs $826.67 million $50,000 14 other accounts $12.60 billion -------------------------------------------------------------------------------------------- Jennifer Ponce de 4 RICs $5.49 billion None $10,001 - (4) (A) Leon(c) 1 PIV $9.56 million $50,000 28 other accounts $4.89 billion -------------------------------------------------------------------------------------------- Colin Lundgren(d) 17 RICs $1.59 billion None $100,001 - 15 other accounts $203.49 million $500,000 ------------------------------------------------------------------------------------------------------------------------------------ FOR FUNDS WITH FISCAL PERIOD ENDED SEPTEMBER 30 ------------------------------------------------------------------------------------------------------------------------------------ Balanced Steve Schroll 12 RICs $13.73 billion 8 RICs ($13.23 B) None 2 PIVs $48.35 million 18 other accounts(f) $2.42 billion -------------------------------------------------------------------------------------------- Laton Spahr 12 RICs $13.73 billion 8 RICs ($13.23 B) $1 - 2 PIVs $48.35 million $10,000 (E) 16 other accounts(f) $2.42 billion -------------------------------------------------------------------------------------------- Paul Stocking 12 RICs $13.73 billion 8 RICs ($13.23 B) None 2 PIVs $48.35 million 21 other accounts(f) $2.42 billion (4) -------------------------------------------------------------------------------------------- ------------ Tom Murphy 6 RICs $10.40 billion 2 RICs ($729.4 M) None 2 PIVs $835.61 million 18 other accounts $15.33 billion -------------------------------------------------------------------------------------------- Jennifer Ponce de 4 RICs $5.49 billion None None (A) Leon(c) 1 PIV $9.56 million 28 other accounts $4.89 billion -------------------------------------------------------------------------------------------- Colin Lundgren(d) 17 RICs $1.59 billion None None 15 other accounts $203.49 million ------------------------------------------------------------------------------------------------------------------------------------ RiverSource Colin Lundgren 16 RICs $1.24 billion None None (4) (A) Strategic 14 other accounts $1.22 billion Income Allocation -------------------------------------------------------------------------------------------- Gene R. Tannuzzo 2 other accounts $0.04 million None $1 - (4) (A) $10,000 -------------------------------------------------------------------------------------------- Brian Lavin(c) 2 RICs $2.92 billion None None 1 PIV $9.56 million 4 other account $1.78 million -------------------------------------------------------------------------------------------- Laura A. 4 RICs $2.2 billion None None (3) (C) Ostrander(e) 10 other accounts $1.7 million ------------------------------------------------------------------------------------------------------------------------------------
(a) RIC refers to a Registered Investment Company (each series or portfolio of a RIC is treated as a separate RIC); PIV refers to a Pooled Investment Vehicle. (b) Number of accounts for which the advisory fee paid is based in part or wholly on performance and the aggregate net assets in those accounts. (c) Portfolio manager began managing the fund after its fiscal year end; therefore reporting is provided as of April 30, 2010. (d) Portfolio manager began managing the fund after its fiscal year end; therefore reporting is provided as of Dec. 31, 2009. (e) Portfolio manager began managing the fund after its fiscal year end; therefore reporting is provided as of March 31, 2010. (f) Reflects each wrap program strategy as a single client, rather than counting each participant in the program as a separate client. The rest of this section remains the same. *Valid until next update.