485APOS 1 partc.txt AXP CALIFORNIA TAX-EXEMPT TRUST SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form N-1A REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Pre-Effective Amendment No. Post-Effective Amendment No. 31 (File No. 33-5103) [X] ---- and/or REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 Amendment No. 34 (File No. 811-4646) [X] ---- AXP CALIFORNIA TAX-EXEMPT TRUST 200 AXP Financial Center Minneapolis, Minnesota 55474 Leslie L. Ogg - 901 Marquette Avenue South, Suite 2810 Minneapolis, MN 55402-3268 (612) 330-9283 Approximate Date of Proposed Public Offering: It is proposed that this filing will become effective (check appropriate box) [ ] immediately upon filing pursuant to paragraph (b) [ ] on (date) pursuant to paragraph (b) [ ] 60 days after filing pursuant to paragraph (a)(1) [X] on August 29, 2003 pursuant to paragraph (a)(1) [ ] 75 days after filing pursuant to paragraph (a)(2) [ ] on (date) pursuant to paragraph (a)(2) of rule 485 If appropriate, check the following box: [ ] this post-effective amendment designates a new effective date for a previously filed post-effective amendment. PART A. The Prospectus for AXP California, Massachusetts, Michigan, Minnesota, New York and Ohio Tax-Exempt Funds filed in Post-Effective Amendment No. 37 to Registration Statement 33-5102 is incorporated herein by reference. PART B. The Statement of Additional Information for AXP California, Massachusetts, Michigan, Minnesota, New York and Ohio Tax-Exempt Funds filed in Post-Effective Amendment No. 37 to Registration Statement 33-5102 is incorporated herein by reference. PART C. OTHER INFORMATION Item 23. Exhibits (a) Declaration of Trust, dated April 7, 1986, filed as Exhibit 1 to Registration Statement No. 33-5103, is incorporated by reference. (b) Amended By-laws, dated Jan. 11, 2001, filed as Exhibit (b) to Registration Statement No. 33-5103 on or about Aug. 27, 2001, is incorporated by reference. (b)(1) Certificate of Amendment dated Nov. 14, 2002, is filed electronically herewith. (c) Certificate for shares of beneficial interest, filed as Exhibit 4 to Pre-Effective Amendment No. 1 to Registration Statement No. 33-5103 is incorporated by reference. (d) Investment Management Services Agreement between Registrant and American Express Financial Corporation, dated March 20, 1995, filed as Exhibit 5 to Registrant's Post-Effective Amendment No. 23 to Registration Statement 33-5103, is incorporated by reference. (d)(1) Amendment to Investment Management Services Agreement between AXP Growth Series, Inc. and American Express Financial Corporation, dated June 3, 2002, filed electronically on or about June 12, 2002 as Exhibit (d)(7) to AXP Growth Series, Inc. Post-Effective Amendment No. 71 to Registration Statement No. 2-38355, is incorporated by reference. Registrant's Amendment to Investment Management Services Agreement differs from the one incorporated by reference only by the fact that Registrant is one executing party. (e) Distribution Agreement between AXP Utilities Income Fund, Inc. and American Express Financial Advisors Inc. dated July 8, 1999, filed electronically as Exhibit (e) to Registrant's Post-Effective Amendment No. 22 File No. 33-20872 filed on or about August 26, 1999, is incorporated by reference. Registrant's Distribution Agreement differs from the one incorporated by reference only by the fact that Registrant is one executing party. (f) All employees are eligible to participate in a profit sharing plan. Entry into the plan is Jan. 1 or July 1. The Registrant contributes each year an amount up to 15 percent of their annual salaries, the maximum deductible amount permitted under Section 404(a) of the Internal Revenue Code. (g) Custodian Agreement between Registrant and First National Bank of Minneapolis, dated July 23, 1986, filed electronically as Exhibit 8 to Registrant's Post Effective Amendment No. 23 to Registration Statement No. 33-5103, is incorporated by reference. (h)(1) Administrative Services Agreement between Registrant and American Express Financial Corporation, dated March 20, 1995, filed as Exhibit 9(c) to Registrant's Post-Effective Amendment No. 23 to Registration Statement 33-5103, is incorporated by reference. (h)(2) License Agreement, dated January 25, 1988, filed as Exhibit 9(d) to Registrant's Post-Effective Amendment No. 23 to Registration Statement 33-5103, is incorporated by reference. (h)(3) License Agreement, dated June 17, 1999, between American Express Funds and American Express Company filed electronically on or about Sept. 23, 1999 as Exhibit (h)(4) to AXP Stock Fund, Inc.'s Post-Effective Amendment No. 98 to Registration Statement No. 2-11358, is incorporated by reference. (h)(4) Class Y Shareholder Service Agreement between IDS Precious Metals Fund, Inc. and American Express Financial Advisors., dated May 9, 1997, filed electronically on or about May 27, 1997 as Exhibit 9(e) to IDS Precious Metals Fund Inc.'s Post-Effective Amendment No. 30 to Registration Statement No. 2-93745, is incorporated by reference. Registrant's Class Y Shareholder Service Agreement differs from the one incorporated by reference only by the fact that Registrant is one executing party. (h)(5) Transfer Agency Agreement between Registrant and American Express Client Service Corporation, dated May 1, 2003, filed as Exhibit (h)(5) to Registration Statement No. 33-5103 is filed electronically herewith. (h)(6) Addendum to Schedule A and Schedule B of the June 17, 1999 License Agreement, dated June 15, 2001, filed as Exhibit (h)(7) on or about August 27, 2001 to Registration Statement No. 33-5102 is incorporated by reference. (h)(7) Amendment to Administrative Services Agreement between AXP Growth Series, Inc. and American Express Financial Corporation, dated June 3, 2002, filed electronically on or about June 12, 2002 as Exhibit (h)(7) to AXP Growth Series, Inc. Post-Effective Amendment No. 71 to Registration Statement No. 2-38355, is incorporated by reference. Registrant's Amendment to Administrative Services Agreement differs from the one incorporated by reference only by the fact that Registrant is one executing party. (i) Opinion and consent of counsel as to the legality of the securities being registered to be filed by Amendment. (j) Independent Auditors' Consent to be filed by Amendment. (k) Omitted Financial Statements: Not applicable. (l) Initial Capital Agreements: Not applicable. (m)(1) Plan and Agreement of Distribution dated July 1, 1999 between AXP Discovery Fund, Inc. and American Express Financial Advisors Inc., is incorporated by reference to Exhibit (m) to AXP Discovery Fund, Inc.'s Post-Effective Amendment No. 36 to Registration Statement No. 2-72174 filed on or about July 30, 1999. (m)(2) Plan and Agreement of Distribution for Class C Shares dated March 9, 2000 between AXP Bond Fund, Inc. and American Express Financial Advisors Inc. is incorporated by reference to Exhibit (m)(2) to AXP Bond Fund, Inc.'s Post-Effective Amendment No. 51 to Registration Statement File No. 2-51586 filed on or about June 26, 2000. Registrant's Plan and Agreement of Distribution for Class C Shares differs from the one incorporated by reference only by the fact that Registrant is one executing party. (n) Rule 18f-3 Plan, dated March 2000 is incorporated by reference to Exhibit (n) to AXP Bond Fund Inc.'s Post-Effective Amendment No. 51 to Registration Statement File No. 2-51586 filed on or about June 26, 2000. (o) Reserved. (p)(1) Code of Ethics adopted under Rule 17j-1 for Registrant filed electronically on or about March 30, 2000 as Exhibit (p)(1) to AXP Market Advantage Series, Inc.'s Post-Effective Amendment No. 24 to Registration Statement No. 33-30770 is incorporated by reference. (p)(2) Code of Ethics adopted under Rule 17j-1 for Registrant's investment adviser and principal underwriter, dated July 2002, filed electronically on or about Nov. 20, 2002 as Exhibit (p)(2) to AXP Progressive Series, Inc. Post-Effective Amendment No. 72 to Registration Statement No. 2-30059 is incorporated by reference. (q)(1) Trustees' Power of Attorney to sign Amendments to this Registration Statement, dated Jan. 8, 2003, is filed electronically herewith. (q)(2) Officers' Power of Attorney to sign Amendments to this Registration Statement, dated Jan. 9, 2002, is incorporated by reference. (q)(3) Officers' Power of Attorney to sign Amendments to this Registration Statement, dated September 17, 2002, is filed electronically herewith. Item 24. Persons Controlled by or Under Common Control with Registrant None. Item 25. Indemnification The Declaration of Trust of the registrant provides that the Trust shall indemnify any person who was or is a party or is threatened to be made a party, by reason of the fact that he or she is or was a trustee, officer, employee or agent of the Trust, or is or was serving at the request of the Trust as a trustee, officer, employee or agent of another company, partnership, joint venture, trust or other enterprise, to any threatened, pending or completed action, suit or proceeding, wherever brought, and the Trust may purchase liability insurance and advance legal expenses, all to the fullest extent permitted by the laws of the State of Massachusetts, as now existing or hereafter amended. The By-laws of the registrant provide that present or former trustees officers of the Trust made or threatened to be made a party to or involved (including as a witness) in an actual or threatened action, suit or proceeding shall be indemnified by the Trust to the full extent authorized by the laws of the Commonwealth of Massachusetts, all as more fully set forth in the By-laws filed as an exhibit to this registration statement. Insofar as indemnification for liability arising under the Securities Act of 1933 may be permitted to trustees, officers and controlling persons of the registrant pursuant to the foregoing provisions, or otherwise, the registrant has been advised that in the opinion of the Securities and Exchange Commission such indemnification is against public policy as expressed in the Act and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the registrant of expenses incurred or paid by a trustee, officer or controlling person of the registrant in the successful defense of any action, suit or proceeding) is asserted by such trustee, officer or controlling person in connection with the securities being registered, the registrant will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question whether such indemnification by it is against public policy as expressed in the Act and will be governed by the final adjudication of such issue. Any indemnification hereunder shall not be exclusive of any other rights of indemnification to which the trustees, officers, employees or agents might otherwise be entitled. No indemnification shall be made in violation of the Investment Company Act of 1940.
Item 26. Business and Other Connections of Investment Adviser (American Express Financial Corporation) Directors and officers of American Express Financial Corporation who are directors and/or officers of one or more other companies: Name and Title Other company(s) Address* Title within other company(s) ------------------------- ----------------------- ------------------------- ----------------------- Ruediger Adolf American Express Financial Senior Vice President Senior Vice President Advisors Inc. Gumer C. Alvero American Centurion Life 20 Madison Ave. Extension Director and Vice President - Annuities Vice President - General Assurance Company P.O. Box 5555 Manager Annuities Albany, NY 12205-0555 American Enterprise Life Director, Chairman of the Board and Insurance Company Executive Vice President - Annuities American Express Financial Vice President - General Manager Advisors Inc. Annuities American Partners Life 1751 AXP Financial Center Director, President Insurance Company Minneapolis MN 55474 and Chief Executive Officer IDS Life Insurance Company Director and Executive Vice President - Annuities IDS Life Insurance Company P.O. Box 5144 Director and Vice President - Annuities of New York Albany, NY 12205 IDS Life Series Fund, Inc. Director and Chairman of the Board IDS Life Variable Annuity Manager and Chairman of the Board Funds A & B Ward D. Armstrong American Express Financial Senior Vice President - Senior Vice President - Advisors Inc. Retirement Services and Asset Retirement Services Management and Asset Management American Express Asset Director and President Management Group Inc. American Express Service Vice President - Workplace Corporation Financial Services American Express Trust Director and Chairman of Company the Board Kenwood Capital Management LLC Manager Northwinds Marketing Director Group LLC John M. Baker American Express Financial Vice President - Plan Vice President - Plan Sponsor Advisors Inc. Sponsor Services Services American Express Asset Vice President Management Group Inc. American Express Trust Director and Senior Vice President Company Dudley Barksdale American Express Financial Vice President - Service Vice President - Service Advisors Inc. Development Development Timothy V. Bechtold American Centurion Life 20 Madison Ave. Extension Director, President and Chief Vice President - Assurance Company P.O. Box 5555 Executive Officer Insurance Products Albany, NY 12205-0555 American Express Financial Vice President - Insurance Advisors Inc. Products American Express Insurance Director, President and Chief Agency of Alabama Inc. Executive Officer American Express Insurance Director, President and Chief Agency of Arizona Inc. Executive Officer American Express Insurance Director, President and Chief Agency of Idaho Inc. Executive Officer American Express Insurance Director, President and Chief Agency of Maryland Inc. Executive Officer American Express Insurance Director, President and Chief Agency of Massachusetts Inc. Executive Officer American Express Insurance Director, President and Chief Agency of Nevada Inc. Executive Officer American Express Insurance Director, President and Chief Agency of New Mexico Inc. Executive Officer American Express Insurance Director and President Agency of Oklahoma Inc. American Express Insurance Director, President and Chief Agency of Wyoming Inc. Executive Officer American Partners Life Director and Chairman of the Board Insurance Company IDS Insurance Agency of Director, President and Chief Arkansas Inc. Executive Officer IDS Insurance Agency of Director, President and Chief Ohio Inc. Executive Officer IDS Life Insurance Company Director and President IDS Life Insurance Company P.O. Box 5144 Director, President and Chief of New York Albany, NY 12205 Executive Officer IDS Life Series Fund, Inc. Director, President and Chief Executive Officer IDS Life Variable Annuity Manager, President and Chief Funds A & B Executive Officer IDS REO 1, LLC President IDS REO 2, LLC President Arthur H. Berman American Express Senior Vice President - Finance Senior Vice President - Financial Advisors Inc. Finance American Express Director Trust Company Walter S. Berman American Express Director Director, Senior Vice President Certificate Company and Chief Financial Officer American Express Financial Director, Senior Vice President Advisors Inc. and Chief Financial Officer American Centurion Life Interim Treasurer Assurance Company American Enterprise Life Interim Treasurer Insurance Company IDS Life Insurance Company Interim Treasurer IDS Life Insurance Company Interim Treasurer of New York Robert C. Bloomer American Express Vice President - Technologies Vice President - Financial Advisors Inc. Technologies Leslie H. Bodell American Express Vice President - Technologies Vice President - Financial Advisors Inc. Technologies Paul V. Bruce American Express Vice President - Compliance Vice President - Financial Advisors Inc. Compliance Kenneth I. Chenault American Express Company American Express Tower Chairman and Chief Director World Financial Center Operating Officer New York, NY 10285 Kenneth J. Ciak AMEX Assurance Company Director, President and Chief Vice President and General Executive Officer Manager - IDS Property Casualty American Express Financial Vice President and General Advisors Inc. Manager - IDS Property Casualty American Express Property Director, President and Chief Casualty Insurance Agency Executive Officer of Kentucky Inc. American Express Property Director, President and Chief Casualty Insurance Agency Executive Officer of Maryland Inc. American Express Property Director, President and Chief Casualty Insurance Agency Executive Officer of Pennsylvania Inc. IDS Property Casualty 1 WEG Blvd. Director, President and Chief Insurance Company DePere, WI 54115 Executive Officer Paul A. Connolly American Express Financial Vice President - Relationship Leader Vice President - Retail Advisors Inc. Retail Distribution Services Distribution Services James M. Cracchiolo American Express Financial Director, Chairman, President and Director, Chairman of Advisors Inc. Chief Executive Officer the Board, President and Chief Executive Officer Colleen Curran American Express Financial Vice President and Vice President and Assistant Advisors Inc. Assistant General Counsel General Counsel Luz Maria Davis American Express Financial Vice President - Vice President - Advisors Inc. Communications Communications William V. Elliott American Express Financial Vice President - Financial Vice President - Financial Advisors Inc. Planning and Advice Planning and Advice Benjamin R. Field American Express Vice President - Finance Education & Vice President - Finance Financial Advisors Inc. Planning Education & Planning Giunero Floro American Express Vice President - Creative Services Vice President - Creative Financial Advisors Inc. Services Terrence J. Flynn American Express Vice President - Brokerage Service Vice President - Brokerage Financial Advisors Inc. Service Operations American Enterprise Senior Vice President Investment Services Inc. Jeffery P. Fox American Express Vice President - Investment Accounting Vice President - Financial Advisors Inc. Investment Accounting IDS Life Series, Inc. Chief Financial Officer IDS Life Variable Annuity Chief Financial Officer Funds A & B Brenda H. Fraser American Express Financial Executive Vice President - Executive Vice Advisors Inc. AEFA Products and Corporate Marketing President - AEFA Products and IDS Life Insurance Company Director, Chairman of the Board and Corporate Marketing Chief Executive Officer American Express Trust Company Vice President Gordon M. Fines American Express Asset Senior Vice President - Vice President - Mutual Fund Management Group Inc. Growth Spectrum Equity Investments American Express Financial Vice President - Mutual Advisors Inc. Fund Equity Investments Peter A. Gallus American Express Financial Vice President - Vice President - Investment Advisors Inc. Investment Administration Administration Kenwood Capital Management LLC Manager IDS Capital Holdings Inc. Vice President and Controller Steve Guida American Enterprise Vice President Vice President - New Investment Services Inc. Business and Service American Express Financial Vice President - New Advisors Inc. Business and Service Teresa A. Hanratty American Express Financial Senior Vice Senior Vice Advisors Inc. President - Field Management President - Field Management Lorraine R. Hart AMEX Assurance Company Vice President - Vice President - Insurance Investments Investments American Centurion Life 20 Madison Ave. Extension Vice President - Investments Assurance Company P.O. Box 5555 Albany, NY 12205-0555 American Enterprise Life 829 AXP Financial Center Vice President - Investments Insurance Company Minneapolis, MN 55474 American Enterprise 829 AXP Financial Center Vice President REO 1, LLC Minneapolis, MN 55474 American Express Vice President - Investments Certificate Company American Express Director, President and Chief Corporation Executive Officer American Express International Vice President - Investments Deposit Company American Express Financial Vice President - Insurance Advisors Inc. Investments American Express Vice President - Investments International Deposit Company American Partners Life 1751 AXP Financial Center Director and Vice Insurance Company Minneapolis, MN 55474 President - Investments IDS Life Insurance Company Vice President - Investments IDS Life Insurance Company P.O. Box 5144 Vice President - Investments of New York Albany, NY 12205 IDS Life Series Fund, Inc. Vice President - Investments IDS Life Variable Annuity Vice President - Investments Funds A and B IDS Property Casualty 1 WEG Blvd. Vice President - Investment Officer Insurance Company DePere, WI 54115 IDS REO 1, LLC Vice President IDS REO 2, LLC Vice President Investors Syndicate Director and Vice Development Corp. President - Investments Janis K. Heaney American Express Financial Vice President - Incentive Vice President - Incentive Advisors Inc. Management Management Brian M. Heath American Express Financial Senior Vice President and Senior Vice President Advisors Inc. General Sales Manager and General Sales Manager Henry Heitman American Express Financial Vice President - Brokerage Vice President - Brokerage Advisors Inc. Product Development Product Development Carol A. Holton American Centurion Life 20 Madison Ave. Extension Director Vice President - Third Party Assurance Company Albany, NY 12205-0555 Distribution American Enterprise Life 829 AXP Financial Center Director, President and Insurance Company Minneapolis, MN 55474 Chief Executive Officer American Enterprise 829 AXP Financial Center Vice President REO 1, LLC Minneapolis, MN 55474 American Express Financial Vice President - Third Advisors Inc. Party Distribution IDS Life Insurance Company 20 Madison Ave. Extension Director of New York P.O. Box 5555 Albany, NY 12205-0555 Claire L. Huang American Express Financial Senior Vice President - Senior Vice President - Advisors Inc. Retail Marketing Retail Marketing Debra A. Hutchinson American Express Financial Vice President - Technology Vice President - Technology Advisors Inc. Relationship Leader Relationship Leader James M. Jensen American Express Financial Vice President - Advice Vice President - Advice and Advisors Inc. and Retail Distribution Retail Distribution Group, Group Product, Product, Compensation and Compensation and Field Field Administration Administration Nancy E. Jones American Express Vice President - Business Development Vice President - Financial Advisors Inc. Business Development William A. Jones American Express Vice President - Technologies Vice President - Financial Advisors Inc. Technologies John C. Junek American Express Financial Senior Vice President and Senior Vice President Advisors Inc. General Counsel and General Counsel American Express Financial Vice President Advisors Japan Inc. American Express Insurance Director and Vice President Agency of Alabama Inc. American Express Insurance Director and Vice President Agency of Arizona Inc. American Express Insurance Director and Vice President Agency of Idaho Inc. American Express Insurance Director and Vice President Agency of Maryland Inc. American Express Insurance Director and Vice President Agency of Massachusetts Inc. American Express Insurance Director and Vice President Agency of Nevada Inc. American Express Insurance Director and Vice President Agency of New Mexico Inc. American Express Insurance Director and Vice President Agency of Oklahoma Inc. American Express Insurance Director and Vice President Agency of Wyoming Inc. American Express Property Director and Vice President Casualty Insurance Agency of Kentucky Inc. American Express Property Director and Vice President Casualty Insurance Agency of Maryland Inc. American Express Property Director and Vice President Casualty Insurance Agency of Pennsylvania Inc. IDS Insurance Agency of Director and Vice President Arkansas Inc. Investors Syndicate Director Development Corp. Ora J. Kaine American Express Financial Vice President - Retail Vice President - Retail Advisors Inc. Distribution Services and Distribution Services and Chief of Staff Chief of Staff Michelle M. Keeley American Express Senior Vice President - Fixed Income Senior Vice President - Financial Advisors Inc. Fixed Income American Express Asset Director Management Group, Inc. Claire Kolmodin American Express Financial Vice President - Service Vice President - Service Advisors Inc. Quality Quality Lori J. Larson American Express Financial Vice President - Brokerage Vice President - Brokerage Advisors Inc. and Direct Services and Direct Services Daniel E. Laufenberg American Express Financial Vice President and Chief Vice President and Chief Advisors Inc. U.S. Economist U.S. Economist Jane W. Lee American Express Financial Vice President - New Vice President - New Business Advisors Inc. Business Development and Development and Marketing Marketing Catherine M. Libbe American Express Vice President - Marketing & Product Vice President - Financial Advisors Inc. Services Marketing & Product Services Judd K. Lohmann American Express Property Treasurer Treasurer Casualty Insurance Agency IDS Life Series Fund, Inc. Treasurer IDS Life Variable Annuity Treasurer Funds A & B Diane D. Lyngstad American Express Financial Vice President - Lead Vice President - Lead Advisors Inc. Financial Officer, Financial Officer, U.S. Retail Group U.S. Retail Group American Express Client Vice President and Chief Service Corporation Financial Officer Thomas A. Mahowald American Express Financial Vice President and Director of Vice President and Director of Advisors Inc. Equity Research Equity Research Timothy J. Masek American Express Financial Vice President and Director Vice President and Director Advisors Inc. of Fixed Income Research of Fixed Income Research Penny Mazal American Express Financial Vice President - Business Vice President - Business Advisors Inc. Transformation Transformation Mark T. McGannon American Express Financial Vice President and General Vice President and Advisors Inc. Sales Manager - AEFA Products General Sales Manager - AEFA Products Brian J. McGrane American Express Vice President - LFO Finance Vice President - Financial Advisors Inc. LFO Finance Advisory Capital Partners LLC Vice President and Chief Financial Officer Advisory Capital Vice President and Chief Financial Strategies Group Inc. Officer Advisory Convertible Vice President and Chief Financial Arbitrage LLC Officer Advisory Quantitative Equity Vice President and Chief Financial (General Partner) LLC Officer Advisory Select LLC Vice President and Chief Financial Officer American Express Asset Vice President and Chief Financial Management Group Inc. Officer Sarah M. McKenzie American Express Financial Vice President - Vice President - Advisors Inc. Managed and Brokerage Products Managed and Brokerage Products American Express Personal Director Trust Services, FSB Timothy S. Meehan American Express Secretary Secretary Financial Advisors Inc. American Enterprise Investment Services Secretary American Enterprise REO 1, LLC Secretary American Express Asset Secretary Management Group Inc. American Express Asset Secretary Management International Inc. American Express Client Service Secretary Corporation American Express Corporation Secretary American Express Financial Secretary Advisors Inc. Japan American Express Insurance Director, Vice President and Secretary Agency of Alabama Inc. American Express Insurance Director, Vice President and Secretary Agency of Arizona Inc. American Express Insurance Director, Vice President and Secretary Agency of Idaho Inc. American Express Insurance Director, Vice President and Secretary Agency of Maryland Inc. American Express Insurance Director, Vice President and Secretary Agency of Massachusetts Inc. American Express Insurance Director, Vice President and Secretary Agency of Nevada Inc. American Express Insurance Director, Vice President and Secretary Agency of New Mexico Inc. American Express Insurance Director, Vice President and Secretary Agency of Oklahoma Inc. American Express Insurance Director, Vice President and Secretary Agency of Wyoming Inc. American Express Personal Secretary Trust Services, FSB American Express Property Secretary Casualty Insurance Agency American Express Property Casualty Director, Vice President Insurance Agency of Kentucky Inc. and Secretary American Express Property Casualty Director, Vice President Insurance Agency of Maryland Inc. and Secretary American Express Property Casualty Director, Vice President Insurance Agency of Pennslyvania Inc. and Secretary Amex Assurance Company Secretary IDS Cable Corporation Secretary IDS Cable II Corporation Secretary IDS Capital Holdings Inc. Secretary IDS Insurance Company of Arkansas Secretary IDS Life Insurance Company Secretary IDS Management Corporation Secretary IDS Partnership Services Corporation Secretary IDS Realty Company Secretary IDS REO 1, LLC Secretary IDS REO 2, LLC Secretary Investors Syndicate Development Corp. Secretary Paula R. Meyer American Express Financial Senior Vice President and General Senior Vice President Advisors Inc. Manager - Mutual Funds and General Manager - Mutual Funds American Express Certificate Director, President Chairman of the Company Board and Chief Executive Officer American Express Director and President International Deposit Company American Express Director Trust Company Investors Syndicate Director, President and Chief Development Corp. Executive Officer Jeryl A. Millner American Express Financial Vice President - LFO, Insurance, Vice President LFO, Advisors Inc. Annuities and Certificates Insurance, Annuities and Certificates American Centurion Life Vice President and Controller Assurance Company American Enterprise Life Vice President and Controller Insurance Company American Partners Life Vice President and Controller Insurance Company IDS Life Insurance Company Vice President and Controller IDS Life Insurance Company Vice President and Controller of New York IDS Life Series Fund, Inc. Vice President and Controller IDS Life Variable Annuity Vice President and Controller Funds A & B Barry J. Murphy American Express Client Director, Chairman of the Board, Executive Vice President - Service Corporation President and Chief Executive Officer U.S. Retail Group American Express Financial Executive Vice President - Advisors Inc. U.S. Retail Group IDS Life Insurance Company Director Francois B. Odouard American Express Financial Vice President - Brokerage Vice President - Advisors Inc. Brokerage Michael J. O'Keefe American Express Financial Vice President - Advisory Vice President - Advisory Advisors Inc. Business Systems Business Systems Kris Petersen American Express Financial Vice President - SPS and Vice President - SPS and Advisors Inc. External Products External Products IDS Cable Corporation Director, President and Chief Executive Officer IDS Cable II Corporation Director, President and Chief Executive Officer IDS Futures Corporation Director, President and Chief Executive Officer IDS Management Corporation Director, President and Chief Executive Officer IDS Partnership Services Director, President and Chief Executive Corporation Officer IDS Realty Corporation Director, President and Chief Executive Officer Ronald W. Powell American Express Financial Vice President and Vice President and Assistant Advisors Inc. Assistant General Counsel General Counsel Kenwood Capital Management LLC Chief Legal Officer Teresa J. Rasmussen American Express Financial Vice President and Vice President and Assistant Advisors Inc. Assistant General Counsel General Counsel American Centurion Life Counsel and Secretary Assurance Company American Enterprise Life Director Insurance Company American Express Corporation Director, Vice President and Secretary IDS Life Insurance Company Vice President and General Counsel IDS Life Insurance Company 20 Madison Ave. Extension Assistant General Counsel and of New York Albany, NY 12205-0555 Assistant Secretary American Partners Director, Vice President, Life Insurance Company General Counsel and Secretary Daniel J. Rivera American Express Vice President - Senior Portfolio Manager Vice President - Senior Financial Advisors Inc. Portfolio Manager American Asset Director Management Group Inc. ReBecca K. Roloff American Express Financial Senior Vice President - Senior Vice President - Advisors Inc. Field Management and Field Management Financial Advisory Services and Financial Advisory Services Stephen W. Roszell Advisory Capital Income LLC Director Senior Vice President - Institutional Advisory Capital Director Group Partners LLC Advisory Capital Director Strategies Group Inc. Advisory Select LLC Director American Express Asset Director, President and Management Group Inc. Chief Executive Officer American Express Asset Director and Executive Vice President Management International, Inc. American Express Asset Director Management International, (Japan) Ltd. American Express Asset Director Management Ltd. American Express Financial Senior Vice President - Advisors Inc. Institutional American Express Financial Director Advisors Japan Inc. American Express Trust Director Company IDS Life Insurance Company Director Northwinds Marketing Director Group LLC Andrew C. Schell American Express Financial Vice President - Client Vice President - Client Advisors Inc. Development and Migration Development and Migration Peter B. Schofield American Express Vice President - Auditing Vice President - Auditing Financial Advisors Inc. Gary A. Scott American Express Vice President - Client Acquisition Vice President - Financial Advisors Inc. Marketing Client Acquisition Marketing Bridget Sperl American Enterprise Director, President and Chief Senior Vice President - Investment Services Inc. Executive Officer Client Service American Express Client Director and Senior Vice President Service Corporation American Express Financial Senior Vice President - Advisors Inc. Client Service IDS Life Insurance Company Executive Vice President - Client Service IDS Property Casualty Director Insurance Company Lisa A. Steffes American Express Financial Vice President - Marketing Vice President - Marketing Advisors Inc. Offer Development Offer Development AMEX Assurance Company Director IDS Property Casualty 1 WEG Blvd. Director Insurance Company DePere, WI 54115 David K. Stewart American Express Vice President - AEFA Controller Vice President - Financial Advisors Inc. AEFA Controller Caroline Stockdale-Boon American Express Senior Vice President - Relationship Senior Vice President - Financial Advisors Inc. Leader of Human Resources Relationship Leader of Human Resources Jeffrey J. Stremcha American Express Financial Vice President - Vice President - Information Advisors Inc. Information Resource Resource Management/ISD Management/ISD John T. Sweeney American Express Financial Vice President - Lead Vice President - Lead Advisors Inc. Financial Officer, Products Financial Officer, Products AMEX Assurance Company Director American Enterprise Vice President - Finance Life Insurance Company American Partners Vice President - Finance Life Insurance Company IDS Cable Corporation Director IDS Cable II Corporation Director IDS Life Insurance Company Director and Executive Vice President - Finance IDS Partnership Director Services Corporation IDS Property Casualty Director Insurance Company IDS Realty Corporation Director William F. Truscott Advisory Capital Strategies Director Senior Vice President - Group Inc. Chief Investment Officer American Express Asset Director and Chairman of the Board Management Group Inc. American Express Asset Director Management International Inc. American Express Financial Senior Vice President - Advisors Inc. Chief Investment Officer IDS Capital Holdings Inc. Director and President Kenwood Capital Management LLC Manager George F. Tsafaridis American Express Vice President - Quality & Service Support Vice President - Financial Advisors Inc. Quality & Service Support Peter S. Velardi American Express Senior Vice President - Field Management Senior Vice President - Financial Advisors Inc. Field Management Andrew O. Washburn American Express Vice President - Mutual Fund Marketing Vice President - Financial Advisors Inc. Mutual Fund Marketing Beth E. Weimer American Express Financial Vice President - Chief Compliance Officer Chief Compliance Officer Advisors Inc. American Enterprise Chief Compliance Officer Investment Services Inc. American Express Asset Chief Compliance Officer Management Group Inc. American Express Asset Chief Compliance Officer Management International Inc. American Express Service Chief Compliance Officer Corporation IDS Insurance Agency of Chief Compliance Officer Arkansas Inc. IDS Life Insurance Company Chief Compliance Officer Jeffery A. Williams American Express Financial Senior Vice President - Senior Vice President - Advisors Inc. Cross-Sell/Strategic Cross-Sell/Strategic Marketing Marketing William J. Williams American Express Senior Vice President - Field Management Senior Vice President - Financial Advisors Inc. Field Management Dianne Wilson American Express Vice President - Insurance Operations Vice President - Financial Advisors Inc. Insurance Operations Amex Assurance Company Director and Senior Vice President IDS Property Casualty Company Director and Senior Vice President Michael D. Wolf American Express Asset Executive Vice President Vice President - Senior Management Group Inc. Portfolio Manager American Express Financial Vice President - Senior Advisors Inc. Portfolio Manager Michael R. Woodward American Express Financial Senior Vice President - Senior Vice President - Advisors Inc. Field Management Field Management American Centurion Life 20 Madison Ave. Extension Director Assurance Company Albany, NY 12205-0555 American Express Insurance Vice President - North Region Agency of Alabama Inc. American Express Insurance Vice President - North Region Agency of Idaho Inc. American Express Insurance Vice President - North Region Agency of Maryland Inc. American Express Insurance Vice President - North Region Agency of Massachusetts Inc. American Express Insurance Vice President - North Region Agency of Nevada Inc. American Express Insurance Vice President - North Region Agency of New Mexico Inc. American Express Insurance Vice President - North Region Agency of Oklahoma Inc. American Express Insurance Vice President - North Region Agency of Wyoming Inc. American Express Property Vice President - North Region Casualty Insurance Agency of Kentucky Inc. American Express Property Vice President - North Region Casualty Insurance Agency of Maryland Inc. American Express Property Vice President - North Region Casualty Insurance Agency of Pennsylvania Inc. IDS Insurance Agency of Vice President - North Region Arkansas Inc. IDS Life Insurance Company P.O. Box 5144 Director of New York Albany, NY 12205 Doretta R. Wright American Express Financial Vice President - Brokerage Marketing Vice President - Brokerage Advisors Inc. Marketing David L. Yowan American Enterprise Vice President and Vice President and Corporate Investment Services Inc. Treasurer Treasurer American Enterprise 829 AXP Financial Center Treasurer REO 1, LLC Minneapolis, MN 55474 American Express Asset Vice President and Management Group Inc. Treasurer American Express Asset Vice President and Management International Treasurer Inc. American Express Vice President and Certificate Company Treasurer American Express Client Vice President and Service Corporation Treasurer American Express Vice President and Corporation Treasurer American Express Financial Vice President and Advisors Inc. Treasurer American Express Insurance Vice President and Agency of Alabama Inc. Treasurer American Express Insurance Vice President and Agency of Arizona Inc. Treasurer American Express Insurance Vice President and Agency of Idaho Inc. Treasurer American Express Insurance Vice President and Agency of Maryland Inc. Treasurer American Express Insurance Vice President and Agency of Massachusetts Inc. Treasurer American Express Insurance Vice President and Agency of Nevada Inc. Treasurer American Express Insurance Vice President and Agency of New Mexico Inc. Treasurer American Express Insurance Vice President and Agency of Oklahoma Inc. Treasurer American Express Insurance Vice President and Agency of Wyoming Inc. Treasurer American Express Personal Treasurer Trust Services, FSB American Express Property Vice President and Casualty Insurance Agency Treasurer of Kentucky Inc. American Express Property Vice President and Casualty Insurance Agency Treasurer of Maryland Inc. American Express Property Vice President and Casualty Insurance Agency Treasurer of Pennsylvania Inc. American Express Service Vice President and Treasurer Corporation AMEX Assurance Company Vice President, Treasurer and Assistant Secretary IDS Cable Corporation Director, Vice President and Treasurer IDS Cable II Corporation Director, Vice President and Treasurer IDS Capital Holdings Inc. Vice President, Treasurer and Assistant Secretary IDS Insurance Agency of Vice President and Arkansas Inc. Treasurer IDS Management Corporation Director, Vice President and Treasurer IDS Partnership Services Vice President and Corporation Treasurer IDS Property Casualty 1 WEG Blvd. Vice President, Treasurer Insurance Company DePere, WI 54115 and Assistant Secretary IDS Realty Corporation Vice President and Treasurer IDS REO 1, LLC Treasurer Investors Syndicate Vice President and Development Corporation Treasurer Kenwood Capital Management LLC Treasurer * Unless otherwise noted, address is 70100 AXP Financial Center, Minneapolis, MN 55474.
Item 27. Principal Underwriters. (a) American Express Financial Advisors acts as principal underwriter for the following investment companies: AXP California Tax-Exempt Trust; AXP Dimensions Series, Inc.; AXP Discovery Series, Inc.; AXP Equity Series, Inc.; AXP Fixed Income Series, Inc.; AXP Global Series, Inc.; AXP Government Income Series, Inc.; AXP Growth Series, Inc.; AXP High Yield Income Series, Inc.; AXP High Yield Tax-Exempt Series, Inc.; AXP Income Series, Inc.; AXP International Series, Inc.; AXP Investment Series, Inc.; AXP Managed Series, Inc.; AXP Market Advantage Series, Inc.; AXP Money Market Series, Inc.; AXP Partners Series, Inc.; AXP Partners International Series, Inc.; AXP Progressive Series, Inc.; AXP Sector Series, Inc.; AXP Selected Series, Inc.; AXP Special Tax-Exempt Series Trust; AXP Stock Series, Inc.; AXP Strategy Series, Inc.; AXP Tax-Exempt Series, Inc.; AXP Tax-Free Money Series, Inc.; Growth Trust; Growth and Income Trust; Income Trust; Tax-Free Income Trust; World Trust; American Express Certificate Company. (b) As to each director, officer or partner of the principal underwriter: Name and Principal Position and Offices with Offices with Registrant Business Address* Underwriter Ruediger Adolf Senior Vice President None Gumer C. Alvero Vice President - General None Manager Annuities Ward D. Armstrong Senior Vice President - None Retirement Services and Asset Management John M. Baker Vice President - Plan None Sponsor Services Dudley Barksdale Vice President - Service None Development Timothy V. Bechtold Vice President - None Insurance Products Arthur H. Berman Senior Vice President - Finance None Walter S. Berman Director, Senior Vice President - None and Chief Financial Officer Robert C. Bloomy Vice President - Technologies None Leslie H. Bodell Vice President - Technologies None Paul V. Bruce Vice President - Compliance None Rob Bohli Group Vice President - None 10375 Richmond Avenue #600 South Texas Houston, TX 77042 Walter K. Booker Group Vice President - None Suite 200, 3500 Market New Jersey Street Camp Hill, NJ 17011 Bruce J. Bordelon Group Vice President - None 1333 N. California Blvd., Northern California Suite 200 Walnut Creek, CA 94596 Kenneth J. Ciak Vice President and None IDS Property Casualty General Manager - IDS 1400 Lombardi Avenue Property Casualty Green Bay, WI 54304 Paul A. Connolly Vice President - Relationship None Leader Retail Distribution Services James M. Cracchiolo Director, Chairman, President and None Chief Executive Officer Colleen Curran Vice President and None Assistant General Counsel Luz Maria Davis Vice President - None Communications Arthur E. DeLorenzo Group Vice President - None 4 Atrium Drive, #100 Upstate New York/Vermont Albany, NY 12205 Scott M. DiGiammarino Group Vice President - None Suite 500, 8045 Leesburg Washington D.C./Baltimore Pike Vienna, VA 22182 Kenneth Dykman Group Vice President - None 6000 28th Street South East Greater Michigan Suite 200 Grand Rapids, MI 49546 Bradford L. Drew Group Vice President - None Two Datran Center Eastern Florida Penthouse One B 9130 S. Dadeland Blvd. Miami, FL 33156 William V. Elliot Vice President - Financial None Planning and Advice Benjamin R. Field Vice President - Finanace None Education and Planning Gordon M. Fines Vice President - Mutual None Fund Equity Investments Giunero Floro Vice President - Creative None Services Terrence J. Flynn Vice President - Brokerage None Services Jeffrey P. Fox Vice President - Investment Treasurer Accounting Brenda H. Fraser Executive Vice President - None AEFA Products and Corporate Marketing Peter A. Gallus Vice President - None Investment Administration Gary W. Gassmann Group Vice President - None Detroit Metro Steven Guida Vice President - None New Business and Service Teresa A. Hanratty Senior Vice President - None Suites 6&7 Field Management 169 South River Road Bedford, NH 03110 Lorraine R. Hart Vice President - None Insurance Investments Janis K. Heaney Vice President - None Incentive Management Brian M. Heath Senior Vice President None Suite 150 and General Sales Manager 801 E. Campbell Road Richardson, TX 75081 Henry Heitman Vice President - Brokerage None Development Jon E. Hjelm Group Vice President - None 319 Southbridge Street Ohio Valley Auburn, MA 01501 David J. Hockenberry Group Vice President - None 30 Burton Hills Blvd. Mid South Suite 175 Nashville, TN 37215 ` Carol A. Holton Vice President - Third None Party Distribution Claire L. Huang Senior Vice President - Retail None Marketing Debra A. Hutchinson Vice President - None Relationship Leader Diana R. Iannarone Group Vice President - None 3030 N.W. Expressway Great Plains Suite 900 Oklahoma City, OK 73112 Theodore M. Jenkin Group Vice President - None James M. Jensen Vice President - None Advice and Retail Distribution Group, Product, Compensation and Field Administration Jody M. Johnson Group Vice President - None Twin Cities Metro Nancy E. Jones Vice President - Business None Development William A. Jones Vice President - Technologies None John C. Junek Senior Vice President, None General Counsel Ora J. Kaine Vice President - None Retail Distribution Services and Chief of Staff Michelle M. Keeley Senior Vice President - None Fixed Income Raymond G. Kelly Group Vice President - None Suite 250 North Texas 801 East Campbell Road Richardson, TX 75081 Claire Kolmodin Vice President - Service None Quality Mitre Kutanovski Group Vice President - None Suite 680 Chicago Metro 8585 Broadway Merrillville, IN 48410 Lori J. Larson Vice President - None Brokerage and Direct Services Daniel E. Laufenberg Vice President and Chief None U.S. Economist Jane W. Lee Vice President - New None Business Development and Marketing Catherine M. Libbe Vice President - Marketing None & Product Services Judd K. Lohmann Treasurer None Diane D. Lyngstad Vice President - Lead Financial None Officer, U.S. Retail Group Thomas A. Mahowald Vice President and Director of None Equity Research Timothy J. Masek Vice President and None Director of Fixed Income Research Penny Mazal Vice President - Business None Transformation Mark T. McGannon Vice President and General None Sales Manager - AEFA Products Brian J. McGrane Vice President - LFO Finance None Dean O. McGill Group Vice President - None 11835 W. Olympic Blvd Los Angeles Metro Suite 900 East Los Angeles, CA 90064 Sarah M. McKenzie Vice President - Wrap and Trust None Products Timothy S. Meehan Secretary None Paula R. Meyer Senior Vice President and President General Manager - Mutual Funds Jeryl A. Millner Vice President - LFO, Insurance, None Annuities and Certificates Barry J. Murphy Executive Vice President - None U.S. Retail Group Thomas V. Nicolosi Group Vice President - None Suite 220 New York Metro Area 500 Mamaroneck Ave. Harrison, NY 10528 Patrick H. O'Connell Group Vice President - None Southern New England Francois B. Odouard Vice President - Brokerage None Michael J. O'Keefe Vice President - None Advisory Business Systems Kris Petersen Vice President - SPS and None External Products John G. Poole Group Vice President - None Westview Place, #200 Gateway/Springfield 12323 Olive Blvd. Creve Couer, MO 63141 Larry M. Post Group Vice President - None One Tower Bridge New England 100 Front Street 8th Fl West Conshohocken, PA 19428 Ronald W. Powell Vice President and None Assistant General Counsel Teresa J. Rasmussen Vice President and None Assistant General Counsel Ralph D. Richardson III Group Vice President - None Suite 800 Carolinas Arboretum Plaza One 9442 Capital of Texas Hyw. N. Austin, TX 78759 Daniel J. Rivera Vice President - Senior None Portfolio Manager ReBecca K. Roloff Senior Vice President - None Field Management and Financial Advisory Services Stephen W. Roszell Senior Vice President - Board member and Institutional Vice President Maximillian G. Roth Group Vice President - None Suite 201 S. IDS Ctr Wisconsin/Upper Michigan 1400 Lombardi Avenue Green Bay, WI 54304 Russell L. Scalfano Group Vice President - None Suite 201 Illinois/Indiana/Kentucky 101 Plaza East Blvd. Evansville, IN 47715 Andrew C. Schell Vice President - Client Development None and Migration Peter B. Schofield Vice President - Auditing None Gary A. Scott Vice President - Client None Acquisition Marketing Albert L. Soule Group Vice President None Bridget Sperl Senior Vice President - None Client Service Paul J. Stanislaw Group Vice President - None Suite 1100 Southern California/Hawaii Two Park Plaza Irvine, CA 92714 Lisa A. Steffes Vice President - None Marketing Offer Development David K. Stewart Vice President - AEFA Controller None Lois A. Stilwell Group Vice President - None Suite 433 Greater Minnesota 9900 East Bren Rd. Area/Iowa Minnetonka, MN 55343 Caroline Stockdale-Boon Senior Vice President - Relationship None Leader of Human Resources Jeffrey J. Stremcha Vice President - None Information Resource Management/ISD John T. Sweeney Vice President - Lead Financial None Officer, Products Craig P. Taucher Group Vice President - None Suite 150 Georgia/North Florida 4190 Belfort Rd. Jackonville, FL 32216 Neil G. Taylor Group Vice President - None Suite 425 Pacific Northwest 101 Elliot Avenue West Seattle, WA 98119 William F. Truscott Senior Vice President - Board member and Chief Investment Officer Vice President George F. Tsafaridis Vice President - Quality & None Service Support Janet M. Vandenbark Group Vice President - None 3951 Westerre Parkway, Suite 250 Virginia Richmond, VA 23233 Peter S. Velardi Senior Vice President - None Field Management Andrew O. Washburn Vice President - None Mutual Fund Marketing Donald F. Weaver Group Vice President - None 3500 Market Street, Eastern Pennsylvania/ Suite 200 Delaware Camp Hill, PA 17011 Beth E. Weimer Vice President and None Chief Compliance Officer Jeffrey A. Williams Senior Vice President - None Cross-Sell/Strategic Marketing William J. Williams Senior Vice President - None Field Management Dianne Wilson Vice President - Insurance None Operations Michael D. Wolf Vice President - Senior None Portfolio Manager Michael R. Woodward Senior Vice President - None 32 Ellicott St Field Management Suite 100 Batavia, NY 14020 Doretta R. Wright Vice President - None Brokerage Marketing Rande L. Zellers Group Vice President - None 1 Galleria Blvd., Suite 1900 Delta States Metairie, LA 70001
* Business address is: 70100 AXP Financial Center, Minneapolis, MN 55474 unless otherwise noted. Item 27 (c). Not Applicable. Item 28. Location of Accounts and Records American Express Financial Corporation 70100 AXP Financial Center Minneapolis, MN 55474 Item 29. Management Services Not Applicable. Item 30. Undertakings Not Applicable. SIGNATURES Pursuant to the requirements of the Securities Act and the Investment Company Act, the Registrant, AXP California Tax-Exempt Trust has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Minneapolis and State of Minnesota on the 23rd day of June, 2003. AXP CALIFORNIA TAX-EXEMPT TRUST By /s/ Paula R. Meyer ---------------------- Paula R. Meyer, President By /s/ Jeffrey P. Fox ---------------------- Jeffrey P. Fox, Treasurer Pursuant to the requirements of the Securities Act, this Amendment to the Registration Statement has been signed below by the following persons in the capacities indicated on the 23rd day of June, 2003. Signature Capacity /s/ Arne H. Carlson* Chair of the Board --------------------- Arne H. Carlson Trustee --------------------------- Philip J. Carroll, Jr. /s/ Livio D. DeSimone* Trustee ----------------------- Livio D. DeSimone /s/ Barbara H. Fraser* Trustee ------------------------ Barbara H. Fraser /s/ Heinz F. Hutter* Trustee ---------------------- Heinz F. Hutter /s/ Anne P. Jones* Trustee ------------------- Anne P. Jones /s/ Stephen R. Lewis, Jr.* Trustee ----------------------------- Stephen R. Lewis, Jr. Signature Capacity /s/ Alan G. Quasha* Trustee ---------------------- Alan G. Quasha /s/ Stephen W. Roszell* Trustee ------------------------- Stephen W. Roszell /s/ Alan K. Simpson* Trustee --------------------- Alan K. Simpson /s/ Alison Taunton-Rigby* Trustee --------------------------- Alison Taunton-Rigby /s/ William F. Truscott* Trustee ------------------------- William F. Truscott * Signed pursuant to Trustees' Power of Attorney, dated Jan. 8, 2003, filed electronically herewith as Exhibit (q)(1) to Registrant's Post-Effective Amendment No. 31 by: /s/ Leslie L. Ogg ----------------- Leslie L. Ogg CONTENTS OF THIS POST-EFFECTIVE AMENDMENT NO. 31 TO REGISTRATION STATEMENT NO. 33-5103 This Post-Effective Amendment comprises the following papers and documents: The facing sheet. Part A. The prospectus. Part B. Statement of Additional Information. Part C. Other information. Exhibits. The signatures.