-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Aya9tF405q5Q5j8rr/zrIJtVp9LGcoKcpalFvDtJl1QW9cUPooRZDeYPaZv59FBU EaB3l1N+r0xKLVq0/TklsA== 0000820027-02-000734.txt : 20021114 0000820027-02-000734.hdr.sgml : 20021114 20021114171640 ACCESSION NUMBER: 0000820027-02-000734 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20021114 EFFECTIVENESS DATE: 20021114 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP PARTNERS SERIES INC CENTRAL INDEX KEY: 0001137342 IRS NUMBER: 412002794 STATE OF INCORPORATION: MN FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-57852 FILM NUMBER: 02826284 BUSINESS ADDRESS: STREET 1: 200AXP FINANCIAL CENTER CITY: MINNEAPOLIS STATE: MN ZIP: 55474 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP PARTNERS INTERNATIONAL SERIES INC CENTRAL INDEX KEY: 0001140531 IRS NUMBER: 412009895 STATE OF INCORPORATION: MN FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-64010 FILM NUMBER: 02826285 BUSINESS ADDRESS: STREET 1: 200 AXP FINANCIAL CENTER CITY: MINNEAPOLIS STATE: MN ZIP: 55474 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP TAX-FREE MONEY FUND INC CENTRAL INDEX KEY: 0000315524 IRS NUMBER: 411374828 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-66868 FILM NUMBER: 02826276 BUSINESS ADDRESS: STREET 1: IDS TOWER 10 STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712772 FORMER COMPANY: FORMER CONFORMED NAME: IDS TAX FREE MONEY FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP TAX-EXEMPT SERIES INC CENTRAL INDEX KEY: 0000202159 IRS NUMBER: 411284051 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-57328 FILM NUMBER: 02826277 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712772 FORMER COMPANY: FORMER CONFORMED NAME: IDS MUNICIPAL BOND FUND INC DATE OF NAME CHANGE: 19770201 FORMER COMPANY: FORMER CONFORMED NAME: IDS TAX EXEMPT BOND FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP STOCK FUND INC CENTRAL INDEX KEY: 0000052423 IRS NUMBER: 410839317 STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-11358 FILM NUMBER: 02826279 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH ST STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712727 FORMER COMPANY: FORMER CONFORMED NAME: INVESTORS STOCK FUND INC DATE OF NAME CHANGE: 19831221 FORMER COMPANY: FORMER CONFORMED NAME: IDS STOCK FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP SPECIAL TAX-EXEMPT SERIES TRUST CENTRAL INDEX KEY: 0000792719 IRS NUMBER: 416290232 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-05102 FILM NUMBER: 02826280 BUSINESS ADDRESS: STREET 1: IDS TOWER 10 STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 FORMER COMPANY: FORMER CONFORMED NAME: IDS SPECIAL TAX EXEMPT SERIES TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP PROGRESSIVE FUND INC CENTRAL INDEX KEY: 0000049722 IRS NUMBER: 410940847 STATE OF INCORPORATION: MN FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-30059 FILM NUMBER: 02826282 BUSINESS ADDRESS: STREET 1: 80 S 8TH ST STREET 2: T33/52 IDS TOWER 10 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 FORMER COMPANY: FORMER CONFORMED NAME: IDS PROGRESSIVE FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP NEW DIMENSIONS FUND INC /MN/ CENTRAL INDEX KEY: 0000049717 IRS NUMBER: 410940846 STATE OF INCORPORATION: MN FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-28529 FILM NUMBER: 02826286 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 FORMER COMPANY: FORMER CONFORMED NAME: IDS NEW DIMENSIONS FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AXP NEW DIMENSIONS FUND INC/ DATE OF NAME CHANGE: 20000404 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP MARKET ADVANTAGE SERIES INC CENTRAL INDEX KEY: 0000854669 IRS NUMBER: 411946880 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-30770 FILM NUMBER: 02826288 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 FORMER COMPANY: FORMER CONFORMED NAME: IDS INDEX ADVANTAGE SERIES INC DATE OF NAME CHANGE: 19900201 FORMER COMPANY: FORMER CONFORMED NAME: IDS MARKET ADVANTAGE SERIES INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP MANAGED SERIES INC CENTRAL INDEX KEY: 0000755221 IRS NUMBER: 411503589 STATE OF INCORPORATION: MN FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-93801 FILM NUMBER: 02826290 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH ST STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 FORMER COMPANY: FORMER CONFORMED NAME: IDS MANAGED RETIREMENT FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP INVESTMENT SERIES INC CENTRAL INDEX KEY: 0000052347 IRS NUMBER: 410839315 STATE OF INCORPORATION: MN FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-11328 FILM NUMBER: 02826291 BUSINESS ADDRESS: STREET 1: 80 S 8TH ST STREET 2: T33/52 IDS TOWER 10 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712772 FORMER COMPANY: FORMER CONFORMED NAME: IDS MUTUAL INC/NEW DATE OF NAME CHANGE: 19911124 FORMER COMPANY: FORMER CONFORMED NAME: INVESTORS MUTUAL INC DATE OF NAME CHANGE: 19841003 FORMER COMPANY: FORMER CONFORMED NAME: IDS INVESTMENT SERIES INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP INTERNATIONAL FUND INC CENTRAL INDEX KEY: 0000750022 IRS NUMBER: 411493320 STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-92309 FILM NUMBER: 02826292 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 FORMER COMPANY: FORMER CONFORMED NAME: IDS INTERNATIONAL FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP HIGH YIELD TAX-EXEMPT FUND CENTRAL INDEX KEY: 0000310187 IRS NUMBER: 411347174 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-63552 FILM NUMBER: 02826293 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 FORMER COMPANY: FORMER CONFORMED NAME: IDS HIGH YIELD TAX EXEMPT FUND INC DATE OF NAME CHANGE: 19870603 FORMER COMPANY: FORMER CONFORMED NAME: IDS HIGH YIELD TAX EXEMPT FUND INC /MN/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AXP HIGH YIELD TAX EXEMPT FUND DATE OF NAME CHANGE: 20000327 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP GLOBAL SERIES INC CENTRAL INDEX KEY: 0000842918 IRS NUMBER: 411850486 STATE OF INCORPORATION: MN FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-25824 FILM NUMBER: 02826295 BUSINESS ADDRESS: STREET 1: IDS TOWER 10 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712772 FORMER COMPANY: FORMER CONFORMED NAME: IDS GLOBAL BOND FUND INC DATE OF NAME CHANGE: 19901011 FORMER COMPANY: FORMER CONFORMED NAME: IDS GLOBAL SERIES INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP BOND FUND INC CENTRAL INDEX KEY: 0000049697 IRS NUMBER: 411237361 STATE OF INCORPORATION: MN FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-51586 FILM NUMBER: 02826274 BUSINESS ADDRESS: STREET 1: IDS TOWER 10 STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712772 MAIL ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS BOND FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP UTILITIES INCOME FUND INC CENTRAL INDEX KEY: 0000831025 IRS NUMBER: 411610263 STATE OF INCORPORATION: MN FISCAL YEAR END: 1230 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-20872 FILM NUMBER: 02826275 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 80 S. 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS UTILITIES INCOME FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP STRATEGY SERIES INC CENTRAL INDEX KEY: 0000740146 IRS NUMBER: 416287631 STATE OF INCORPORATION: MN FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-89288 FILM NUMBER: 02826278 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 80 S. 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS STRATEGY FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP SELECTIVE FUND INC /MN/ CENTRAL INDEX KEY: 0000052407 IRS NUMBER: 410839316 STATE OF INCORPORATION: MN FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-10700 FILM NUMBER: 02826281 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 80 S. 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: INVESTORS SELECTIVE FUND INC DATE OF NAME CHANGE: 19841002 FORMER COMPANY: FORMER CONFORMED NAME: IDS SELECTIVE FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP PRECIOUS METALS FUND INC CENTRAL INDEX KEY: 0000755222 IRS NUMBER: 411503588 STATE OF INCORPORATION: MN FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-93745 FILM NUMBER: 02826283 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 80 S. 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS PRECIOUS METALS FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP MONEY MARKET SERIES INC CENTRAL INDEX KEY: 0000049698 IRS NUMBER: 411254759 STATE OF INCORPORATION: MN FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-54516 FILM NUMBER: 02826287 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPLOS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS CASH MANAGEMENT FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: IDS MONEY MARKET SERIES INC DATE OF NAME CHANGE: 19920917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP GROWTH SERIES INC/MN CENTRAL INDEX KEY: 0000049702 IRS NUMBER: 410962638 STATE OF INCORPORATION: MN FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-38355 FILM NUMBER: 02826294 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712772 MAIL ADDRESS: STREET 1: 80 S. 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS GROWTH FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: AXP GROWTH FUND INC DATE OF NAME CHANGE: 20000829 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP FEDERAL INCOME FUND INC /MN/ CENTRAL INDEX KEY: 0000764802 IRS NUMBER: 412021315 STATE OF INCORPORATION: MN FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-96512 FILM NUMBER: 02826296 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 80 SOUTH 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS FEDERAL INCOME FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP EXTRA INCOME FUND INC/MN CENTRAL INDEX KEY: 0000728374 IRS NUMBER: 411458705 STATE OF INCORPORATION: MN FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-86637 FILM NUMBER: 02826297 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T27/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS EXTRA INCOME FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP EQUITY SELECT FUND INC CENTRAL INDEX KEY: 0000052445 IRS NUMBER: 410839318 STATE OF INCORPORATION: MN FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-13188 FILM NUMBER: 02826298 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: IDS TOWER 10 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: IDS FINANCIAL SERVICES INC STREET 2: IDS TOWER 10 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS EQUITY PLUS FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: IDS VARIABLE PAYMENT FUND INC DATE OF NAME CHANGE: 19850722 FORMER COMPANY: FORMER CONFORMED NAME: IDS EQUITY SELECT FUND INC DATE OF NAME CHANGE: 19950802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP DISCOVERY FUND INC CENTRAL INDEX KEY: 0000352663 IRS NUMBER: 411399805 STATE OF INCORPORATION: MN FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-72174 FILM NUMBER: 02826299 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6126712772 MAIL ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T27/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS DISCOVERY FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP CALIFORNIA TAX-EXEMPT TRUST CENTRAL INDEX KEY: 0000792717 IRS NUMBER: 411560213 STATE OF INCORPORATION: MN FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-05103 FILM NUMBER: 02826300 BUSINESS ADDRESS: STREET 1: IDS TOWER 10 STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 80 SOUTH 8TH STREET STREET 2: T33/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55440 FORMER COMPANY: FORMER CONFORMED NAME: IDS CALIFORNIA TAX EXEMPT TRUST DATE OF NAME CHANGE: 19920703 497 1 s6320-26c.txt AXP FUNDS-PROSPECTUS AND SAI SUPPLEMENT Prospectus and Statement of Additional Information Supplement November 14, 2002*
Fund Name (Date) Prospectus Form # SAI Form # (MM/YY Printed) Retail Funds: AXP(R) Blue Chip Advantage Fund (April 1, 2002) S-6025-99 U S-6025-20 U (4/02) AXP Bond Fund (Oct. 30, 2002) S-6495-99 V S-6495-20 V (10/02) AXP California Tax-Exempt Fund (Aug. 29, 2002) S-6328-99 W S-6328-20 W (8/02) AXP Cash Management Fund (Sept. 27, 2002) S-6320-99 Y S-6320-20 Y (9/02) AXP Discovery Fund (Sept. 27, 2002) S-6457-99 X S-6457-20 X (9/02) AXP Diversified Equity Income Fund (Nov. 29, 2001) S-6475-99 U S-6475-20 U (11/01) AXP Emerging Markets Fund (Dec. 28, 2001) S-6354-99 J S-6354-20 J (12/01) AXP Equity Select Fund (Jan. 29, 2002) S-6426-99 V S-6426-20 V (1/02) AXP Equity Value Fund (May 30, 2002) S-6382-99 M S-6382-20 M (5/02) AXP European Equity Fund (Dec. 28, 2001) S-6006-99 D S-6006-20 D (12/01) AXP Extra Income Fund (July 30, 2002) S-6370-99 V S-6370-20 V (7/02) AXP Federal Income Fund (July 30, 2002) S-6042-99 W S-6042-20 W (7/02) AXP Focused Growth Fund (May 30, 2002) S-6003-99 D S-6003-20 D (5/02) AXP Global Balanced Fund (Dec. 28, 2001) S-6352-99 H S-6352-20 H (12/01) AXP Global Bond Fund (Dec. 28, 2001) S-6309-99 V S-6309-20 V (12/01) AXP Global Growth Fund (Dec. 28, 2001) S-6334-99 U S-6334-20 U (12/01) AXP Global Technology Fund (Dec. 28, 2001) S-6395-99 E S-6395-20 E (12/01) AXP Growth Fund (Sept. 27, 2002) S-6455-99 W S-6455-20 W (9/02) AXP Growth Dimensions Fund (Sept. 27, 2002) S-6004-99 E S-6004-20 E (9/02) AXP High Yield Tax-Exempt Fund (Jan. 29, 2002) S-6430-99 W S-6430-20 W (1/02) AXP Insured Tax-Exempt Fund (Aug. 29, 2002) S-6327-99 X S-6327-20 X (8/02) AXP Intermediate Tax-Exempt Fund (Jan. 29, 2002) S-6355-99 J S-6355-20 J (1/02) AXP International Fund (Dec. 28, 2001) S-6140-99 W S-6140-20 W (12/01) AXP Large Cap Equity Fund (Sept. 27, 2002) S-6244-99 C S-6244-20 C (9/02) AXP Large Cap Value Fund (Sept. 27, 2002) S-6246-99 C S-6246-20 C (9/02) AXP Managed Allocation Fund (Nov. 29, 2001) S-6141-99 V S-6141-20 V (11/01) AXP Massachusetts Tax-Exempt Fund (Aug. 29, 2002) S-6328-99 W S-6328-20 W (8/02) AXP Michigan Tax-Exempt Fund (Aug. 29, 2002) S-6328-99 W S-6328-20 W (8/02) AXP Mid Cap Value Fund (Feb. 14, 2002) S-6241-99 A S-6241-20 A (2/02) AXP Minnesota Tax-Exempt Fund (Aug. 29, 2002) S-6328-99 W S-6328-20 W (8/02) AXP Mutual (Nov. 29, 2001) S-6326-99 V S-6326-20 V (11/01) AXP New Dimensions Fund(R) (Sept. 27, 2002) S-6440-99 V S-6440-20 V (9/02) AXP New York Tax-Exempt Fund (Aug. 29, 2002) S-6328-99 W S-6328-20 W (8/02) AXP Ohio Tax-Exempt Fund (Aug. 29, 2002) S-6328-99 W S-6328-20 W (8/02) AXP Partners Fundamental Value Fund (July 30, 2002) S-6236-99 D S-6236-20 D (7/02) AXP Partners International Aggressive Growth Fund (Dec. 28, 2001) S-6243-99 D S-6243-20 D (12/01) AXP Partners International Select Value Fund (Dec. 28, 2001) S-6242-99 D S-6242-20 D (12/01) AXP Partners Select Value Fund (July 30, 2002) S-6240-99 C S-6240-20 C (7/02) AXP Partners Small Cap Core Fund (July 30, 2002) S-6237-99 D S-6237-20 D (7/02) AXP Partners Small Cap Growth Fund (May 30, 2002) S-6301-99 D S-6301-20 D (5/02) AXP Partners Small Cap Value Fund (July 30, 2002) S-6239-99 D S-6239-20 D (7/02) AXP Partners Value Fund (July 30, 2002) S-6238-99 D S-6238-20 D (7/02) AXP Precious Metals Fund (May 30, 2002) S-6142-99 W S-6142-20 W (5/02) AXP Progressive Fund (Nov. 29, 2001) S-6449-99 V S-6449-20 V (11/01) AXP Research Opportunities Fund (Sept. 27, 2002) S-6356-99 K S-6356-20 K (9/02) AXP Selective Fund (July 30, 2002) S-6376-99 W S-6376-20 W (7/02) AXP Small Cap Advantage Fund (May 30, 2002) S-6427-99 F S-6427-20 F (5/02) AXP Small Company Index Fund (April 1, 2002) S-6357-99 K S-6357-20 K (4/02) AXP Stock Fund (Nov. 29, 2001) S-6351-99 V S-6351-20 V (11/01) AXP Strategy Aggressive Fund (May 30, 2002) S-6381-99 M S-6381-20 M (5/02) AXP Tax-Exempt Bond Fund (Jan. 29, 2002) S-6310-99 W S-6310-20 W (1/02) AXP Tax-Free Money Fund (March 1, 2002) S-6433-99 W S-6433-20 W (3/02) AXP U.S. Government Mortgage Fund (July 30, 2002) S-6245-99 C S-6245-20 C (7/02) AXP Utilities Fund (Aug. 29, 2002) S-6341-99 W S-6341-20 W (8/02)
SHAREHOLDER MEETINGS At the regular meetings of shareholders held on November 13, 2002, in addition to electing Board members, shareholders of the funds listed above approved the following proposals: 1. Voting Procedures. Shareholders of all funds approved a change from share-based voting to dollar-based voting. Voting rights will be based on a shareholder's total dollar interest in the fund, rather than on the number of shares owned. As a result, voting power will be allocated in proportion to the value of each shareholder's investment. 2. Approval of Subadvisory Agreements. Shareholders of certain funds approved a policy authorizing American Express Financial Corporation (AEFC), the fund's investment adviser, subject to Board approval, to retain and replace subadvisers, or to modify subadvisory agreements, without shareholder approval. If there is a change in subadvisers, within 90 days shareholders will receive an information statement that includes all of the information that is included in a proxy statement. Funds that approved this proposal were: Blue Chip Advantage, Diversified Equity Income, Emerging Markets, Equity Select, Equity Value, European Equity, Focused Growth, Global Balanced, Global Growth, Global Technology, Growth, Growth Dimensions, International, Managed Allocation, Mutual, New Dimensions, Precious Metals, Research Opportunities, Small Cap Advantage, Small Company Index, Stock, Strategy Aggressive, Utilities. 3. Investment Management Services Agreement. Shareholders of certain funds approved a proposal to add or modify the performance incentive adjustment (PIA) element of the investment management fee effective December 1, 2002. Under a PIA, the management fee is calculated as shown in the prospectus. The fee is then adjusted for performance. The fund's performance is compared to the performance of a Lipper index of similar funds. The performance difference is used to determine the adjustment rate, described in the following table. If the fund's performance is better than the index, the fee paid to AEFC will increase. If the fund's performance is worse than the index, the fee paid to AEFC will decrease. For those funds that are modifying the PIA, for a period of six months beginning December 1, 2002, the adjustment will be calculated based on the lesser of the amount due under the new adjustment or under the adjustment used prior to December 1, 2002 as outlined in the Statement of Additional Information. Performance Difference Adjustment Rate 0.00%-0.50% 0 0.50%-1.00% 6 basis points (0.0006) times the Performance Difference over 0.50% (maximum of 3 basis points if a 1% Performance Difference) 1.00%-2.00% 3 basis points, plus 3 basis points times the Performance Difference over 1.00% (maximum 6 basis points if a 2% Performance Difference) 2.00%-4.00% 6 basis points, plus 2 basis points times the Performance Difference over 2.00% (maximum 10 basis points if a 4% Performance Difference) 4.00%-6.00% 10 basis points, plus 1 basis point times the Performance Difference over 4.00% (maximum 12 basis points if a 6% Performance Difference) 6.00% or more 12 basis points Funds that approved this proposal were: Blue Chip Advantage, Discovery, Diversified Equity Income, Emerging Markets, Equity Select, Equity Value, European Equity, Focused Growth, Global Balanced, Global Growth, Global Technology, Growth, Growth Dimensions, International, Large Cap Equity, Large Cap Value, Managed Allocation, Mid Cap Value, Mutual, New Dimensions, Partners Fundamental Value, Partners International Aggressive Growth, Partners International Select Value, Partners Select Value, Partners Small Cap Core, Partners Small Cap Growth, Partners Small Cap Value, Partners Value, Precious Metals, Progressive, Research Opportunities, Small Cap Advantage, Stock, Strategy Aggressive, and Utilities. For Global Balanced, Managed Allocation and Mutual, the maximum adjustment is 8 basis points. Small Company Index shareholders approved a proposal to eliminate the PIA. 4. Diversification Status. Shareholders of Global Technology approved a change in the status of the fund from diversified to non-diversified. While concentration of investments in fewer issuers may result in more risk, the change will provide the portfolio manager with more flexibility in investing the fund's assets. 5. Distribution Plan. Shareholders of Cash Management (Class A and Class B) and Tax-Free Money approved a proposal to adopt a 0.10% distribution plan. For Cash Management (Class A) and Tax-Free Money the change will be effective shortly after the shareholder meeting. For Cash Management (Class B) the change will be effective at a later date. S-6320-26 C (11/02) *Valid until next prospectus update Destroy Oct. 30, 2003 -----END PRIVACY-ENHANCED MESSAGE-----