EX-99.B-77D
                                                                             and
                                                                 EX-99.B-77Q1(b)

                             W&R TARGET FUNDS, INC.

SUB-ITEM 77D(a):    Policies with respect to security investments
     and
SUB-ITEM 77Q1       Exhibits
(b)
                    Effective October 16, 2000, the goals of W&R Target Funds,
                    Inc. Core Equity Portfolio are to provide capital growth and
                    income.  Core Equity Portfolio seeks to achieve its goals by
                    primarily investing, during normal market conditions, in
                    common stocks of large, high-quality U.S. and foreign
                    companies with dominant market positions in their industries
                    and with a record of paying regular dividends on common
                    stock or with the potential for capital appreciation.  There
                    is no guarantee that Core Equity Portfolio will achieve its
                    goals.