0000820027-02-000062 Sample Contracts

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CLASS Y SHAREHOLDER SERVICE AGREEMENT This agreement, dated as of January 10, 2002, is by and between AXP(R) Federal Income Fund, Inc., a Minnesota corporation, on behalf of its underlying series AXP(R) U.S. Government Mortgage Fund (the "Fund"), and...
Shareholder Service Agreement • February 1st, 2002 • Axp Federal Income Fund Inc /Mn/ • Minnesota

This agreement, dated as of January 10, 2002, is by and between AXP(R) Federal Income Fund, Inc., a Minnesota corporation, on behalf of its underlying series AXP(R) U.S. Government Mortgage Fund (the "Fund"), and American Express Financial Advisors Inc. ("AEFA"), the principal underwriter of the Fund, for services to be provided to shareholders of Class Y of the Fund by AEFA and other servicing agents.

EXHIBIT INDEX
Axp Federal Income Fund Inc /Mn/ • February 1st, 2002
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