0000820027-95-000419.txt : 19950829 0000820027-95-000419.hdr.sgml : 19950829 ACCESSION NUMBER: 0000820027-95-000419 CONFORMED SUBMISSION TYPE: 24F-2NT PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19950630 FILED AS OF DATE: 19950828 SROS: NONE FILER: COMPANY DATA: COMPANY CONFORMED NAME: IDS FEDERAL INCOME FUND INC CENTRAL INDEX KEY: 0000764802 STANDARD INDUSTRIAL CLASSIFICATION: UNKNOWN SIC - 0000 [0000] STATE OF INCORPORATION: MN FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 24F-2NT SEC ACT: 1933 Act SEC FILE NUMBER: 002-96512 FILM NUMBER: 95567538 BUSINESS ADDRESS: STREET 1: 80 SOUTH 8TH STREET CITY: MINNEAPOLIS STATE: MN ZIP: 55440 BUSINESS PHONE: 6123722772 24F-2NT 1 IDS FEDERAL INCOME FUND, INC. PAGE 1 August 28, 1995 Securities And Exchange Commission Attention: Document Control - EDGAR 450 Fifth Street, N.W. Washington, D.C. 20549-1004 Re: Rule 24f-2 Notice for IDS Federal Income Fund, Inc. SEC File No. 2-96512/811-4260 Commissioners: [i] In accordance with the provisions of Rule 24f-2, IDS Federal Income Fund, Inc. hereby files its Rule 24f-2 Notice for the fiscal year ended June 30, 1995 ("Fiscal Year"). [ii] Amount of securities registered other than under 24f-2 which were unsold at the beginning of the fiscal year.* $0 [iii] Amount of securities registered during the fiscal year other than under 24f-2.** $0 [iv] Amount of securities sold during the fiscal year.*** $261,362,844 [v] Amount of securities sold pursuant to 24f-2. $261,362,844 [vi] Fee $261,362,844 / 2,900 $ 90,125.12 * 0 shares x $5.18 on August 15, 1995 ** 0 shares x $5.18 on August 15, 1995 *** Sales of $1,108,520,900 minus redemptions of $847,158,056 PAGE 2 Securities and Exchange Commission August 28, 1995 Enclosed please find an opinion of counsel. A check for the filing fee in the amount of $90,125.12 has been electronically wired. If there are any questions, please contact the undersigned. Very truly yours, IDS FEDERAL INCOME FUND, INC. Leslie L. Ogg Vice President, General Counsel and Treasurer LLO/SP/rjf EX-99 2 EXHIBIT INDEX EXHIBIT INDEX (b) (10) OPINION OF COUNSEL EX-99 3 OPINION OF COUNSEL PAGE 1 August 28, 1995 IDS Federal Income Fund, Inc. IDS Tower 10 Minneapolis, Minnesota 55440-0010 Gentlemen: I have examined the Articles of Incorporation and the By-Laws of the Company and all necessary certificates, permits, minute books, documents and records of the Company, and the applicable statutes of the State of Minnesota, and it is my opinion: (a) That the Company is a corporation duly organized and existing under the laws of the State of Minnesota with an authorized capital stock of 10,000,000,000 shares, all of $.01 par value, that such shares may be shares and that on June 30, 1995, 272,770,425 shares were issued and outstanding; (b) That all such authorized shares are, under the laws of the State of Minnesota, redeemable as provided in the Articles of Incorporation of the Company and upon redemption shall have the status of authorized and unissued shares; (c) That the Company registered on July 22, 1985 an indefinite number of shares pursuant to Rule 24f-2 and is herewith filing a Rule 24f-2 Notice covering the shares during its Fiscal Period ended June 30, 1995; and (d) That shares which were sold at not less than their par value and in accordance with applicable federal and state securities laws were legally issued, fully paid and nonassessable. I hereby consent that the foregoing opinion may be used in connection with the Rule 24f-2 Notice. Very truly yours, Leslie L. Ogg Attorney at Law 901 S. Marquette Ave., Suite 2810 Minneapolis, Minnesota 55402-3268