-----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, PlJq4RNuuglfDj1hvgX0flkW5wC+kJO71ixIHBwW7awP5xv339w8AJoM/6fc9AAu R7Vqm2VS1MgkBBq1Jhkz6A== 0000820027-05-000569.txt : 20050727 0000820027-05-000569.hdr.sgml : 20050727 20050727130519 ACCESSION NUMBER: 0000820027-05-000569 CONFORMED SUBMISSION TYPE: NSAR-B PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050531 FILED AS OF DATE: 20050727 DATE AS OF CHANGE: 20050727 EFFECTIVENESS DATE: 20050727 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AXP GOVERNMENT INCOME SERIES INC CENTRAL INDEX KEY: 0000764802 IRS NUMBER: 412021315 STATE OF INCORPORATION: MN FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: NSAR-B SEC ACT: 1940 Act SEC FILE NUMBER: 811-04260 FILM NUMBER: 05976396 BUSINESS ADDRESS: STREET 1: 50606 AXP FINANCIAL CENTER STREET 2: H27/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55474 BUSINESS PHONE: 6123722772 MAIL ADDRESS: STREET 1: 50606 AXP FINANCIAL CENTER STREET 2: H27/52 CITY: MINNEAPOLIS STATE: MN ZIP: 55474 FORMER COMPANY: FORMER CONFORMED NAME: AXP FEDERAL INCOME FUND INC /MN/ DATE OF NAME CHANGE: 20000829 FORMER COMPANY: FORMER CONFORMED NAME: IDS FEDERAL INCOME FUND INC DATE OF NAME CHANGE: 19920703 NSAR-B 1 answer.fil AXP GOVERNMENT INCOME SERIES, INC. 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MORGAN SECURITIES INC. 020 B000002 13-3224016 020 C000002 1 020 C000003 0 020 C000004 0 020 C000005 0 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 12 022 A000001 CITIGROUP GLOBAL MARKETS INC. 022 B000001 11-2418191 022 C000001 337165 022 D000001 54008 022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH INC. 022 B000002 13-5674085 022 C000002 153409 022 D000002 118690 022 A000003 GOLDMAN, SACHS & CO. 022 B000003 13-5108880 022 C000003 189213 022 D000003 32953 022 A000004 LEHMAN BROTHERS INC. 022 B000004 13-2518466 022 C000004 176656 022 D000004 19163 022 A000005 CREDIT SUISSE FIRST BOSTON CORP. 022 B000005 13-5659485 022 C000005 142955 022 D000005 31756 022 A000006 DEUTSCHE BANK SECURITIES INC. 022 B000006 13-2730828 022 C000006 97335 022 D000006 23173 022 A000007 GE INVESTMENT SERVICES INC. 022 B000007 06-1362678 022 C000007 113793 022 D000007 0 022 A000008 BNP PARIBAS BROKERAGE SERVICES, INC. 022 B000008 13-3661436 022 C000008 97192 022 D000008 0 PAGE 3 022 A000009 MORGAN STANLEY 022 B000009 13-2655998 022 C000009 57161 022 D000009 34410 022 A000010 J.P. MORGAN SECURITIES INC. 022 B000010 13-3224016 022 C000010 47144 022 D000010 18315 023 C000000 1781429 023 D000000 454462 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 077 A000000 Y 077 B000000 Y 077 C000000 N 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 077 Q010000 N 077 Q020000 N 077 Q030000 N 078 000000 N 080 A00AA00 GREAT AMERICAN INSURANCE COMPANY 080 B00AA00 TRAVELERS CASUALTY & SURETY CO. 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D020100 2550 028 D030100 0 028 D040100 94085 028 E010100 39023 028 E020100 2546 028 E030100 0 028 E040100 79746 028 F010100 21348 028 F020100 2548 028 F030100 0 028 F040100 77435 028 G010100 150860 028 G020100 18594 028 G030100 0 028 G040100 530464 028 H000100 148589 029 000100 Y 030 A000100 2426 030 B000100 4.75 030 C000100 0.00 031 A000100 1189 031 B000100 0 032 000100 0 033 000100 1237 034 000100 Y 035 000100 1335 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 10661 044 000100 0 045 000100 N 048 000100 0.000 048 A010100 0 048 A020100 0.000 048 B010100 0 PAGE 6 048 B020100 0.000 048 C010100 0 048 C020100 0.000 048 D010100 0 048 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 0.000 055 A000100 N 055 B000100 N 056 000100 N 057 000100 N 058 A000100 N 059 000100 Y 060 A000100 Y 060 B000100 Y 061 000100 2000 062 A000100 N 062 B000100 0.0 062 C000100 0.0 062 D000100 0.0 062 E000100 0.0 062 F000100 0.0 062 G000100 0.0 062 H000100 0.0 062 I000100 0.0 062 J000100 0.0 062 K000100 0.0 062 L000100 0.0 062 M000100 0.0 062 N000100 0.0 062 O000100 0.0 062 P000100 0.0 062 Q000100 0.0 062 R000100 0.0 063 A000100 0 063 B000100 0.0 066 A000100 N 067 000100 N 068 A000100 N PAGE 7 068 B000100 N 069 000100 N 070 A010100 N 070 A020100 N 070 B010100 N 070 B020100 N 070 C010100 N 070 C020100 N 070 D010100 N 070 D020100 N 070 E010100 N 070 E020100 N 070 F010100 N 070 F020100 N 070 G010100 N 070 G020100 N 070 H010100 N 070 H020100 N 070 I010100 N 070 I020100 N 070 J010100 N 070 J020100 N 070 K010100 N 070 K020100 N 070 L010100 N 070 L020100 N 070 M010100 N 070 M020100 N 070 N010100 N 070 N020100 N 070 O010100 N 070 O020100 N 070 P010100 N 070 P020100 N 070 Q010100 N 070 Q020100 N 070 R010100 N 070 R020100 N 071 A000100 0 071 B000100 0 071 C000100 0 071 D000100 0 072 A000100 12 072 B000100 57853 072 C000100 0 072 D000100 0 072 E000100 0 072 F000100 0 072 G000100 960 072 H000100 0 072 I000100 3369 PAGE 8 072 J000100 0 072 K000100 263 072 L000100 0 072 M000100 11 072 N000100 67 072 O000100 0 072 P000100 0 072 Q000100 0 072 R000100 12 072 S000100 0 072 T000100 10661 072 U000100 0 072 V000100 0 072 W000100 147 072 X000100 15490 072 Y000100 1659 072 Z000100 44022 072AA000100 0 072BB000100 25385 072CC010100 12004 072CC020100 0 072DD010100 27188 072DD020100 17431 072EE000100 0 073 A010100 0.0000 073 A020100 0.0000 073 B000100 0.0000 073 C000100 0.0000 074 A000100 0 074 B000100 0 074 C000100 0 074 D000100 0 074 E000100 0 074 F000100 0 074 G000100 0 074 H000100 0 074 I000100 0 074 J000100 0 074 K000100 0 074 L000100 0 074 M000100 1638606 074 N000100 1638606 074 O000100 0 074 P000100 128 074 Q000100 0 074 R010100 0 074 R020100 0 074 R030100 0 074 R040100 1671 074 S000100 0 074 T000100 1636807 PAGE 9 074 U010100 186728 074 U020100 155097 074 V010100 0.00 074 V020100 0.00 074 W000100 0.0000 074 X000100 167899 074 Y000100 0 075 A000100 0 075 B000100 1981823 076 000100 0.00 008 A000201 AMERICAN EXPRESS FINANCIAL CORPORATION 008 B000201 A 008 C000201 801-14721 008 D010201 MINNEAPOLIS 008 D020201 MN 008 D030201 55474 010 A000201 AMERICAN EXPRESS FINANCIAL CORPORATION 010 B000201 801-14721 010 C010201 MINNEAPOLIS 010 C020201 MN 010 C030201 55474 015 A000201 AMERICAN EXPRESS TRUST COMPANY 015 B000201 C 015 C010201 MINNEAPOLIS 015 C020201 MN 015 C030201 55474 015 E010201 X 024 000200 Y 025 A000201 CS FIRST BOSTON MTGE SECURITIES 025 B000201 13-3320910 025 C000201 D 025 D000201 368 025 D000202 0 025 D000203 0 025 D000204 0 025 D000205 0 025 D000206 0 025 D000207 0 025 D000208 0 028 A010200 4683 028 A020200 959 028 A030200 0 028 A040200 10522 028 B010200 6196 028 B020200 750 028 B030200 0 028 B040200 9746 028 C010200 5334 028 C020200 754 028 C030200 0 028 C040200 10448 PAGE 10 028 D010200 5132 028 D020200 824 028 D030200 0 028 D040200 13870 028 E010200 4721 028 E020200 909 028 E030200 0 028 E040200 10592 028 F010200 6154 028 F020200 900 028 F030200 0 028 F040200 8337 028 G010200 32220 028 G020200 5096 028 G030200 0 028 G040200 63515 028 H000200 32098 029 000200 Y 030 A000200 441 030 B000200 4.75 030 C000200 0.00 031 A000200 202 031 B000200 0 032 000200 0 033 000200 239 034 000200 Y 035 000200 180 036 A000200 N 036 B000200 0 037 000200 N 038 000200 0 039 000200 N 040 000200 Y 041 000200 Y 042 A000200 0 042 B000200 0 042 C000200 0 042 D000200 0 042 E000200 0 042 F000200 0 042 G000200 0 042 H000200 100 043 000200 1663 044 000200 0 045 000200 Y 046 000200 N 047 000200 Y 048 000200 0.000 048 A010200 1000000 048 A020200 0.520 048 B010200 1000000 PAGE 11 048 B020200 0.495 048 C010200 1000000 048 C020200 0.470 048 D010200 3000000 048 D020200 0.445 048 E010200 3000000 048 E020200 0.420 048 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 9000000 048 K020200 0.395 049 000200 N 050 000200 N 051 000200 N 052 000200 N 053 A000200 Y 053 B000200 Y 053 C000200 N 054 A000200 Y 054 B000200 Y 054 C000200 Y 054 D000200 N 054 E000200 N 054 F000200 N 054 G000200 Y 054 H000200 Y 054 I000200 N 054 J000200 Y 054 K000200 N 054 L000200 Y 054 M000200 Y 054 N000200 N 054 O000200 Y 055 A000200 N 055 B000200 N 056 000200 Y 057 000200 N 058 A000200 N 059 000200 Y 060 A000200 Y 060 B000200 Y 061 000200 2000 062 A000200 Y PAGE 12 062 B000200 0.0 062 C000200 6.0 062 D000200 0.0 062 E000200 0.0 062 F000200 0.0 062 G000200 0.0 062 H000200 0.0 062 I000200 0.0 062 J000200 0.0 062 K000200 0.0 062 L000200 0.0 062 M000200 0.0 062 N000200 99.1 062 O000200 0.0 062 P000200 0.0 062 Q000200 0.0 062 R000200 0.0 063 A000200 0 063 B000200 22.5 064 A000200 N 064 B000200 N 066 A000200 N 067 000200 N 068 A000200 N 068 B000200 N 069 000200 N 070 A010200 Y 070 A020200 N 070 B010200 N 070 B020200 N 070 C010200 Y 070 C020200 N 070 D010200 N 070 D020200 N 070 E010200 Y 070 E020200 Y 070 F010200 N 070 F020200 N 070 G010200 Y 070 G020200 Y 070 H010200 N 070 H020200 N 070 I010200 N 070 I020200 N 070 J010200 Y 070 J020200 N 070 K010200 Y 070 K020200 N 070 L010200 N 070 L020200 N 070 M010200 N PAGE 13 070 M020200 N 070 N010200 Y 070 N020200 N 070 O010200 Y 070 O020200 N 070 P010200 Y 070 P020200 N 070 Q010200 N 070 Q020200 N 070 R010200 Y 070 R020200 N 071 A000200 399037 071 B000200 460231 071 C000200 290587 071 D000200 137 072 A000200 12 072 B000200 13576 072 C000200 0 072 D000200 0 072 E000200 0 072 F000200 1532 072 G000200 152 072 H000200 0 072 I000200 548 072 J000200 72 072 K000200 98 072 L000200 0 072 M000200 10 072 N000200 47 072 O000200 0 072 P000200 0 072 Q000200 0 072 R000200 21 072 S000200 0 072 T000200 1663 072 U000200 0 072 V000200 0 072 W000200 15 072 X000200 4158 072 Y000200 451 072 Z000200 9869 072AA000200 2059 072BB000200 0 072CC010200 3222 072CC020200 0 072DD010200 6521 072DD020200 3749 072EE000200 0 073 A010200 0.0000 073 A020200 0.0000 073 B000200 0.0000 PAGE 14 073 C000200 0.0000 074 A000200 25 074 B000200 0 074 C000200 16186 074 D000200 265182 074 E000200 0 074 F000200 0 074 G000200 0 074 H000200 0 074 I000200 0 074 J000200 9331 074 K000200 0 074 L000200 1300 074 M000200 0 074 N000200 292024 074 O000200 20892 074 P000200 38 074 Q000200 0 074 R010200 0 074 R020200 0 074 R030200 0 074 R040200 3405 074 S000200 0 074 T000200 267689 074 U010200 31128 074 U020200 21196 074 V010200 0.00 074 V020200 0.00 074 W000200 0.0000 074 X000200 23741 074 Y000200 0 075 A000200 0 075 B000200 292808 076 000200 0.00 SIGNATURE TITLE This report is signed on behalf of the registrant (or depositor or trustee). City of: Minneapolis State of: Minnesota Date: July 25, 2005 Name of Registrant, Depositor, or Trustee: /s/ Jeffrey P. Fox By (Name and Title): -------------------- Jeffrey P. Fox - Treasurer and Chief Financial Officer /s/ Steven A. Turbenson Witness (Name and Title): ------------------------ Steven A. Turbenson - Assistant Treasurer AXP Government Income Series, Inc. EX-99.77B ACCT LTTR 2 ex99-77b.txt REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM Report of Independent Registered Public Accounting Firm The Board of Directors and Shareholders AXP Government Income Series, Inc.: In planning and performing our audits of the financial statements of AXP Short Duration U.S. Government Fund and AXP U.S. Government Mortgage Fund (Funds within AXP Government Income Series, Inc.) for the year ended May 31, 2005, we considered their internal control, including control activities for safeguarding securities, in order to determine our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-SAR, not to provide assurance on internal control. The management of AXP Government Income Series, Inc. is responsible for establishing and maintaining internal control. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. Generally, controls that are relevant to an audit pertain to the entity's objective of preparing financial statements for external purposes that are fairly presented in conformity with U.S. generally accounting accepted principles. Those controls include the safeguarding of assets against unauthorized acquisition, use, or disposition. Because of inherent limitations in internal control, error or fraud may occur and not be detected. Also, projection of any evaluation of internal control to future periods is subject to the risk that it may become inadequate because of changes in conditions or that the effectiveness of the design and operation may deteriorate. Our consideration of internal control would not necessarily disclose all matters in the internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). A material weakness is a significant deficiency, or combination of significant deficiencies, that result in more than a remote likelihood that a material misstatement of the annual or interim financial statements will not be prevented or detected. However, we noted no matters involving internal control and its operation, including controls for safeguarding securities, that we consider to be material weaknesses as defined above as of May 31, 2005. This report is intended solely for the information and use of management, the Board of Directors of AXP Government Income Series, Inc., and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ KPMG LLP - ------------- KPMG LLP Minneapolis, Minnesota July 20, 2005 -----END PRIVACY-ENHANCED MESSAGE-----