EX-99.B-77Q1(a)

                             W&R TARGET FUNDS, INC.

SUB-ITEM 77Q1  Exhibits
(a)
                             ARTICLES OF AMENDMENT
                                       TO
                           ARTICLES OF INCORPORATION
                                       OF
                             W&R TARGET FUNDS, INC.

     W&R Target Funds, Inc., a corporation organized and existing under and by
virtue of the General Corporation Law of the State of Maryland, having its
principal office in the State of Maryland in Baltimore, Maryland (hereinafter
referred to as the "Corporation"), DOES HEREBY CERTIFY:

     FIRST:  That the Board of Directors of the Corporation, at a meeting held
on November 15, 2000, adopted resolutions authorizing the reallocation of shares
of the capital stock of the Corporation.

     SECOND:  That there are no changes in the preferences, conversion and other
rights, voting powers, restrictions, limitations as to dividends,
qualifications, and terms and conditions of redemption of the Corporation's
capital stock, as set forth in the Corporation's Articles of Incorporation.

     THIRD:  Pursuant to the authority vested in the Board of Directors of the
Corporation by Article FIFTH of the Articles of Incorporation of the
Corporation, the Board of Directors has heretofore duly designated, in
accordance with Maryland General Corporation Law, the aggregate number of shares
of capital stock which the Corporation is authorized to issue at One Billion
(1,000,000,000) shares of capital stock, (par value $0.001 per share), amounting
in the aggregate to a par value of One Million Dollars ($1,000,000.00).  Such
shares have heretofore been classified by the Board of Directors among the
series of the Corporation as follows:

           30,000,000 shares   Asset Strategy Portfolio
           40,000,000 shares   Balanced Portfolio
          100,000,000 shares   Bond Portfolio
          150,000,000 shares   Core Equity Portfolio
          200,000,000 shares   Growth Portfolio
          100,000,000 shares   High Income Portfolio
           80,000,000 shares   International Portfolio
           30,000,000 shares   Limited-Term Bond Portfolio
          120,000,000 shares   Money Market Portfolio
           70,000,000 shares   Science and Technology Portfolio
           80,000,000 shares   Small Cap Portfolio

     FOURTH:  Pursuant to the authority vested in the Board of Directors of the
Corporation by Article FIFTH of the Articles of Incorporation of the
Corporation, the Board of Directors, in accordance with Maryland General
Corporation Law, now duly redesignates and reclassifies the capital stock of the
Corporation among the series of the Corporation as follows:

           20,000,000 shares   Asset Strategy Portfolio
           60,000,000 shares   Balanced Portfolio
           60,000,000 shares   Bond Portfolio
          170,000,000 shares   Core Equity Portfolio
          240,000,000 shares   Growth Portfolio
           70,000,000 shares   High Income Portfolio
           70,000,000 shares   International Portfolio
           20,000,000 shares   Limited-Term Bond Portfolio
          160,000,000 shares   Money Market Portfolio
           50,000,000 shares   Science and Technology Portfolio
           80,000,000 shares   Small Cap Portfolio

     The aggregate number of shares of stock of the Corporation remains at One
Billion (1,000,000,000) shares of capital stock, the par value remains $0.001
per share, and the aggregate value of all authorized stock remains One Million
Dollars ($1,000,000.00).

     FIFTH:  The Corporation is registered with the Securities and Exchange
Commission as an open-end investment company under the Investment Company Act of
1940, as amended.

     IN WITNESS WHEREOF, the undersigned Vice President of the Corporation
hereby executes these Articles of Amendment on behalf of the Corporation this
15th day of November, 2000.

                         W&R Target Funds, Inc.


                         /s/Kristen A. Richards
                         -----------------------------------
                         Kristen A. Richards, Vice President


(Corporate Seal)



Attest:  /s/Daniel C. Schulte
         ---------------------------------
         Daniel C. Schulte, Assistant Secretary

     The undersigned, Vice President of W&R Target Funds, Inc. who executed on
behalf of said Corporation the foregoing Articles of Amendment, of which this
certificate is made a part, hereby acknowledges, in the name and on behalf of
said Corporation, the foregoing Articles of Amendment to be the act of said
Corporation and further certifies that, to the best of her knowledge,
information and belief, the matters and facts set forth therein with respect to
the approval thereof are true in all material respects, under the penalties of
perjury.



                         By:  /s/Kristen A. Richards
                              -----------------------------------
                              Kristen A. Richards, Vice President