WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0001090155
<NAME> TARGET FUNDS - LARGE CAPITALIZATION GROWTH
<SERIES>
<NUMBER> 001
<NAME> LARGE CAPITLAZATION GROWTH (CLASS A)
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> Jul-31-2000
<PERIOD-END> Jul-31-2000
<INVESTMENTS-AT-COST> 200,531,950
<INVESTMENTS-AT-VALUE> 258,821,859
<RECEIVABLES> 2,625,201
<ASSETS-OTHER> 75,101
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 261,522,161
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<OTHER-ITEMS-LIABILITIES> 733,609
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<PAID-IN-CAPITAL-COMMON> 208,354,522
<SHARES-COMMON-STOCK> 19,756,323
<SHARES-COMMON-PRIOR> 16,835,873
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<OVERDISTRIBUTION-NII> 0
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<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 58,289,909
<NET-ASSETS> 259,233,149
<DIVIDEND-INCOME> 488,611
<INTEREST-INCOME> 440,561
<OTHER-INCOME> (1,219)
<EXPENSES-NET> 2,915,403
<NET-INVESTMENT-INCOME> (1,987,450)
<REALIZED-GAINS-CURRENT> (7,411,282)
<APPREC-INCREASE-CURRENT> 58,289,909
<NET-CHANGE-FROM-OPS> 48,891,177
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 245,996,764
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<GROSS-ADVISORY-FEES> 1,123,808
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,915,403
<AVERAGE-NET-ASSETS> 28,788,000
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> (0.06)
<PER-SHARE-GAIN-APPREC> 3.25
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 13.19
<EXPENSE-RATIO> 1.17
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - LARGE CAPITALIZATION GROWTH
[SERIES]
[NUMBER] 002
[NAME] LARGE CAPITLAZATION GROWTH (CLASS B)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] Jul-31-2000
[PERIOD-END] Jul-31-2000
[INVESTMENTS-AT-COST] 200,531,950
[INVESTMENTS-AT-VALUE] 258,821,859
[RECEIVABLES] 2,625,201
[ASSETS-OTHER] 75,101
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 261,522,161
[PAYABLE-FOR-SECURITIES] 1,555,403
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 733,609
[TOTAL-LIABILITIES] 2,289,012
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 208,354,522
[SHARES-COMMON-STOCK] 19,756,323
[SHARES-COMMON-PRIOR] 16,835,873
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (7,411,282)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 58,289,909
[NET-ASSETS] 259,233,149
[DIVIDEND-INCOME] 488,611
[INTEREST-INCOME] 440,561
[OTHER-INCOME] (1,219)
[EXPENSES-NET] 2,915,403
[NET-INVESTMENT-INCOME] (1,987,450)
[REALIZED-GAINS-CURRENT] (7,411,282)
[APPREC-INCREASE-CURRENT] 58,289,909
[NET-CHANGE-FROM-OPS] 48,891,177
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 245,996,764
[NUMBER-OF-SHARES-REDEEMED] (35,672,792)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 259,215,149
[ACCUMULATED-NII-PRIOR] (414,258)
[ACCUMULATED-GAINS-PRIOR] (2,145,331)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,123,808
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,915,403
[AVERAGE-NET-ASSETS] 59,151,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.12)
[PER-SHARE-GAIN-APPREC] 3.23
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 13.11
[EXPENSE-RATIO] 1.92
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - LARGE CAPITALIZATION GROWTH
[SERIES]
[NUMBER] 003
[NAME] LARGE CAPITALZATION GROWT (CLASS C)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] Jul-31-2000
[PERIOD-END] Jul-31-2000
[INVESTMENTS-AT-COST] 200,531,950
[INVESTMENTS-AT-VALUE] 258,821,859
[RECEIVABLES] 2,625,201
[ASSETS-OTHER] 75,101
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 261,522,161
[PAYABLE-FOR-SECURITIES] 1,555,403
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 733,609
[TOTAL-LIABILITIES] 2,289,012
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 208,354,522
[SHARES-COMMON-STOCK] 19,756,323
[SHARES-COMMON-PRIOR] 16,835,873
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (7,411,282)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 58,289,909
[NET-ASSETS] 259,233,149
[DIVIDEND-INCOME] 488,611
[INTEREST-INCOME] 440,561
[OTHER-INCOME] (1,219)
[EXPENSES-NET] 2,915,403
[NET-INVESTMENT-INCOME] (1,987,450)
[REALIZED-GAINS-CURRENT] (7,411,282)
[APPREC-INCREASE-CURRENT] 58,289,909
[NET-CHANGE-FROM-OPS] 48,891,177
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 245,996,764
[NUMBER-OF-SHARES-REDEEMED] (35,672,792)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 259,215,149
[ACCUMULATED-NII-PRIOR] (414,258)
[ACCUMULATED-GAINS-PRIOR] (2,145,331)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1,123,808
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2,915,403
[AVERAGE-NET-ASSETS] 128,884,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.12)
[PER-SHARE-GAIN-APPREC] 3.23
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 13.11
[EXPENSE-RATIO] 1.92
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - LARGE CAPITALIZATION VALUE
[SERIES]
[NUMBER] 001
[NAME] LARGE CAPITLAZATION VALUE (CLASS A)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 30,821,620
[INVESTMENTS-AT-VALUE] 29,460,367
[RECEIVABLES] 334,547
[ASSETS-OTHER] 12,979
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 29,807,893
[PAYABLE-FOR-SECURITIES] 217,201
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 165,291
[TOTAL-LIABILITIES] 382,492
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 31,187,428
[SHARES-COMMON-STOCK] 3,169,092
[SHARES-COMMON-PRIOR] 2,668,377
[ACCUMULATED-NII-CURRENT] 21,669
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (422,443)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (1,361,253)
[NET-ASSETS] 29,425,401
[DIVIDEND-INCOME] 505,702
[INTEREST-INCOME] 71,084
[OTHER-INCOME] (1,952)
[EXPENSES-NET] 565,857
[NET-INVESTMENT-INCOME] 8,977
[REALIZED-GAINS-CURRENT] (422,443)
[APPREC-INCREASE-CURRENT] (1,361,253)
[NET-CHANGE-FROM-OPS] (1,774,719)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] (8,977)
[DISTRIBUTIONS-OTHER] (36,793)
[NUMBER-OF-SHARES-SOLD] 40,139,297
[NUMBER-OF-SHARES-REDEEMED] 42,947
[SHARES-REINVESTED] (8,954,354)
[NET-CHANGE-IN-ASSETS] 29,407,401
[ACCUMULATED-NII-PRIOR] (28,882)
[ACCUMULATED-GAINS-PRIOR] 96,598
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 132,716
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 565,857
[AVERAGE-NET-ASSETS] 4,119,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 0.05
[PER-SHARE-GAIN-APPREC] (0.69)
[PER-SHARE-DIVIDEND] (0.03)
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 9.33
[EXPENSE-RATIO] 2.36
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - LARGE CAPITALIZATION VALUE
[SERIES]
[NUMBER] 002
[NAME] LARGE CAPITLAZATION VALUE (CLASS B)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 30,821,620
[INVESTMENTS-AT-VALUE] 29,460,367
[RECEIVABLES] 334,547
[ASSETS-OTHER] 12,979
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 29,807,893
[PAYABLE-FOR-SECURITIES] 217,201
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 165,291
[TOTAL-LIABILITIES] 382,492
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 31,187,428
[SHARES-COMMON-STOCK] 3,169,092
[SHARES-COMMON-PRIOR] 2,668,377
[ACCUMULATED-NII-CURRENT] 21,669
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (422,443)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (1,361,253)
[NET-ASSETS] 29,425,401
[DIVIDEND-INCOME] 505,702
[INTEREST-INCOME] 71,084
[OTHER-INCOME] (1,952)
[EXPENSES-NET] 565,857
[NET-INVESTMENT-INCOME] 8,977
[REALIZED-GAINS-CURRENT] (422,443)
[APPREC-INCREASE-CURRENT] (1,361,253)
[NET-CHANGE-FROM-OPS] (1,774,719)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] (8,977)
[DISTRIBUTIONS-OTHER] (36,793)
[NUMBER-OF-SHARES-SOLD] 40,139,297
[NUMBER-OF-SHARES-REDEEMED] 42,947
[SHARES-REINVESTED] (8,954,354)
[NET-CHANGE-IN-ASSETS] 29,407,401
[ACCUMULATED-NII-PRIOR] (28,882)
[ACCUMULATED-GAINS-PRIOR] 96,598
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 132,716
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 565,857
[AVERAGE-NET-ASSETS] 8,794,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 0.00
[PER-SHARE-GAIN-APPREC] (0.70)
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] (0.02)
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 9.28
[EXPENSE-RATIO] 3.11
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - LARGE CAPITALIZATION VALUE
[SERIES]
[NUMBER] 003
[NAME] LARGE CAPITALZATION VALUE (CLASS C)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 30,821,620
[INVESTMENTS-AT-VALUE] 29,460,367
[RECEIVABLES] 334,547
[ASSETS-OTHER] 12,979
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 29,807,893
[PAYABLE-FOR-SECURITIES] 217,201
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 165,291
[TOTAL-LIABILITIES] 382,492
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 31,187,428
[SHARES-COMMON-STOCK] 3,169,092
[SHARES-COMMON-PRIOR] 2,668,377
[ACCUMULATED-NII-CURRENT] 21,669
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (422,443)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (1,361,253)
[NET-ASSETS] 29,425,401
[DIVIDEND-INCOME] 505,702
[INTEREST-INCOME] 71,084
[OTHER-INCOME] (1,952)
[EXPENSES-NET] 565,857
[NET-INVESTMENT-INCOME] 8,977
[REALIZED-GAINS-CURRENT] (422,443)
[APPREC-INCREASE-CURRENT] (1,361,253)
[NET-CHANGE-FROM-OPS] (1,774,719)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] (8,977)
[DISTRIBUTIONS-OTHER] (36,793)
[NUMBER-OF-SHARES-SOLD] 40,139,297
[NUMBER-OF-SHARES-REDEEMED] 42,947
[SHARES-REINVESTED] (8,954,354)
[NET-CHANGE-IN-ASSETS] 29,407,401
[ACCUMULATED-NII-PRIOR] (28,882)
[ACCUMULATED-GAINS-PRIOR] 96,598
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 132,716
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 565,857
[AVERAGE-NET-ASSETS] 12,693,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 0.00
[PER-SHARE-GAIN-APPREC] (0.70)
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] (0.02)
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 9.28
[EXPENSE-RATIO] 3.11
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - SMALL CAPITALIZATION GROWTH
[SERIES]
[NUMBER] 001
[NAME] SMALL CAPITLAZATION GROWTH (CLASS A)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 19,660,266
[INVESTMENTS-AT-VALUE] 21,156,334
[RECEIVABLES] 397,573
[ASSETS-OTHER] 14,671
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 21,568,578
[PAYABLE-FOR-SECURITIES] 550,242
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 103,964
[TOTAL-LIABILITIES] 654,206
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 17,628,452
[SHARES-COMMON-STOCK] 1,665,124
[SHARES-COMMON-PRIOR] 1,377,080
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 1,789,852
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,496,068
[NET-ASSETS] 20,914,372
[DIVIDEND-INCOME] 19,860
[INTEREST-INCOME] 47,756
[OTHER-INCOME] 0
[EXPENSES-NET] 409,568
[NET-INVESTMENT-INCOME] (341,952)
[REALIZED-GAINS-CURRENT] 2,085,580
[APPREC-INCREASE-CURRENT] 1,496,068
[NET-CHANGE-FROM-OPS] 3,239,696
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 25,578,512
[NUMBER-OF-SHARES-REDEEMED] (7,921,836)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 20,896,372
[ACCUMULATED-NII-PRIOR] (77,151)
[ACCUMULATED-GAINS-PRIOR] 156,045
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 88,879
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 409,568
[AVERAGE-NET-ASSETS] 4,799,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.20)
[PER-SHARE-GAIN-APPREC] 2.82
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 12.62
[EXPENSE-RATIO] 2.69
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - SMALL CAPITALIZATION GROWTH
[SERIES]
[NUMBER] 002
[NAME] SMALL CAPITLAZATION GROWTH (CLASS B)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 19,660,266
[INVESTMENTS-AT-VALUE] 21,156,334
[RECEIVABLES] 397,573
[ASSETS-OTHER] 14,671
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 21,568,578
[PAYABLE-FOR-SECURITIES] 550,242
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 103,964
[TOTAL-LIABILITIES] 654,206
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 17,628,452
[SHARES-COMMON-STOCK] 1,665,124
[SHARES-COMMON-PRIOR] 1,377,080
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 1,789,852
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,496,068
[NET-ASSETS] 20,914,372
[DIVIDEND-INCOME] 19,860
[INTEREST-INCOME] 47,756
[OTHER-INCOME] 0
[EXPENSES-NET] 409,568
[NET-INVESTMENT-INCOME] (341,952)
[REALIZED-GAINS-CURRENT] 2,085,580
[APPREC-INCREASE-CURRENT] 1,496,068
[NET-CHANGE-FROM-OPS] 3,239,696
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 25,578,512
[NUMBER-OF-SHARES-REDEEMED] (7,921,836)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 20,896,372
[ACCUMULATED-NII-PRIOR] (77,151)
[ACCUMULATED-GAINS-PRIOR] 156,045
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 88,879
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 409,568
[AVERAGE-NET-ASSETS] 5,881,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.19)
[PER-SHARE-GAIN-APPREC] 2.73
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 12.54
[EXPENSE-RATIO] 3.44
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - SMALL CAPITALIZATION GROWTH
[SERIES]
[NUMBER] 003
[NAME] SMALL CAPITALZATION GROWTH (CLASS C)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 19,660,266
[INVESTMENTS-AT-VALUE] 21,156,334
[RECEIVABLES] 397,573
[ASSETS-OTHER] 14,671
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 21,568,578
[PAYABLE-FOR-SECURITIES] 550,242
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 103,964
[TOTAL-LIABILITIES] 654,206
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 17,628,452
[SHARES-COMMON-STOCK] 1,665,124
[SHARES-COMMON-PRIOR] 1,377,080
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 1,789,852
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 1,496,068
[NET-ASSETS] 20,914,372
[DIVIDEND-INCOME] 19,860
[INTEREST-INCOME] 47,756
[OTHER-INCOME] 0
[EXPENSES-NET] 409,568
[NET-INVESTMENT-INCOME] (341,952)
[REALIZED-GAINS-CURRENT] 2,085,580
[APPREC-INCREASE-CURRENT] 1,496,068
[NET-CHANGE-FROM-OPS] 3,239,696
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 25,578,512
[NUMBER-OF-SHARES-REDEEMED] (7,921,836)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 20,896,372
[ACCUMULATED-NII-PRIOR] (77,151)
[ACCUMULATED-GAINS-PRIOR] 156,045
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 88,879
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 409,568
[AVERAGE-NET-ASSETS] 6,468,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.23)
[PER-SHARE-GAIN-APPREC] 2.77
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 12.54
[EXPENSE-RATIO] 3.44
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - SMALL CAPITALIZATION VALUE
[SERIES]
[NUMBER] 001
[NAME] SMALL CAPITLAZATION VALUE (CLASS A)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] July 31, 2000
[PERIOD-END] July 31, 2000
[INVESTMENTS-AT-COST] 12,969,943
[INVESTMENTS-AT-VALUE] 13,782,202
[RECEIVABLES] 138,093
[ASSETS-OTHER] 14,046
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 13,934,341
[PAYABLE-FOR-SECURITIES] 249,635
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 88,750
[TOTAL-LIABILITIES] 338,385
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 12,297,200
[SHARES-COMMON-STOCK] 1,232,454
[SHARES-COMMON-PRIOR] 1,208,406
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 486,497
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 812,259
[NET-ASSETS] 13,595,956
[DIVIDEND-INCOME] 132,217
[INTEREST-INCOME] 36,928
[OTHER-INCOME] 0
[EXPENSES-NET] 339,173
[NET-INVESTMENT-INCOME] (170,028)
[REALIZED-GAINS-CURRENT] 612,051
[APPREC-INCREASE-CURRENT] 812,259
[NET-CHANGE-FROM-OPS] 1,254,282
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (228,260)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 13,648,564
[NUMBER-OF-SHARES-REDEEMED] (1,576,750)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 13,097,836
[ACCUMULATED-NII-PRIOR] (39,881)
[ACCUMULATED-GAINS-PRIOR] 171,004
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 64,391
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 339,173
[AVERAGE-NET-ASSETS] 5,083,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.11)
[PER-SHARE-GAIN-APPREC] 1.19
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 11.08
[EXPENSE-RATIO] 3.24
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - SMALL CAPITALIZATION VALUE
[SERIES]
[NUMBER] 001
[NAME] SMALL CAPITLAZATION VALUE (CLASS A)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] July 31, 2000
[PERIOD-END] July 31, 2000
[INVESTMENTS-AT-COST] 12,969,943
[INVESTMENTS-AT-VALUE] 13,782,202
[RECEIVABLES] 138,093
[ASSETS-OTHER] 14,046
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 13,934,341
[PAYABLE-FOR-SECURITIES] 249,635
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 88,750
[TOTAL-LIABILITIES] 338,385
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 12,297,200
[SHARES-COMMON-STOCK] 1,232,454
[SHARES-COMMON-PRIOR] 1,208,406
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 486,497
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 812,259
[NET-ASSETS] 13,595,956
[DIVIDEND-INCOME] 132,217
[INTEREST-INCOME] 36,928
[OTHER-INCOME] 0
[EXPENSES-NET] 339,173
[NET-INVESTMENT-INCOME] (170,028)
[REALIZED-GAINS-CURRENT] 612,051
[APPREC-INCREASE-CURRENT] 812,259
[NET-CHANGE-FROM-OPS] 1,254,282
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (228,260)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 13,648,564
[NUMBER-OF-SHARES-REDEEMED] (1,576,750)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 13,097,836
[ACCUMULATED-NII-PRIOR] (39,881)
[ACCUMULATED-GAINS-PRIOR] 171,004
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 64,391
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 339,173
[AVERAGE-NET-ASSETS] 5,083,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.11)
[PER-SHARE-GAIN-APPREC] 1.19
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 11.08
[EXPENSE-RATIO] 3.24
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - SMALL CAPITALIZATION VALUE
[SERIES]
[NUMBER] 002
[NAME] SMALL CAPITLAZATION VALUE (CLASS B)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] July 31, 2000
[PERIOD-END] July 31, 2000
[INVESTMENTS-AT-COST] 12,969,943
[INVESTMENTS-AT-VALUE] 13,782,202
[RECEIVABLES] 138,093
[ASSETS-OTHER] 14,046
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 13,934,341
[PAYABLE-FOR-SECURITIES] 249,635
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 88,750
[TOTAL-LIABILITIES] 338,385
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 12,297,200
[SHARES-COMMON-STOCK] 1,232,454
[SHARES-COMMON-PRIOR] 1,208,406
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 486,497
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 812,259
[NET-ASSETS] 13,595,956
[DIVIDEND-INCOME] 132,217
[INTEREST-INCOME] 36,928
[OTHER-INCOME] 0
[EXPENSES-NET] 339,173
[NET-INVESTMENT-INCOME] (170,028)
[REALIZED-GAINS-CURRENT] 612,051
[APPREC-INCREASE-CURRENT] 812,259
[NET-CHANGE-FROM-OPS] 1,254,282
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (228,260)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 13,648,564
[NUMBER-OF-SHARES-REDEEMED] (1,576,750)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 13,097,836
[ACCUMULATED-NII-PRIOR] (39,881)
[ACCUMULATED-GAINS-PRIOR] 171,004
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 64,391
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 339,173
[AVERAGE-NET-ASSETS] 3,564,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.16)
[PER-SHARE-GAIN-APPREC] 1.17
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 11.01
[EXPENSE-RATIO] 3.99
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - SMALL CAPITALIZATION VALUE
[SERIES]
[NUMBER] 003
[NAME] SMALL CAPITALZATION VALUE (CLASS C)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] July 31, 2000
[PERIOD-END] July 31, 2000
[INVESTMENTS-AT-COST] 12,969,943
[INVESTMENTS-AT-VALUE] 13,782,202
[RECEIVABLES] 138,093
[ASSETS-OTHER] 14,046
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 13,934,341
[PAYABLE-FOR-SECURITIES] 249,635
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 88,750
[TOTAL-LIABILITIES] 338,385
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 12,297,200
[SHARES-COMMON-STOCK] 1,232,454
[SHARES-COMMON-PRIOR] 1,208,406
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 486,497
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 812,259
[NET-ASSETS] 13,595,956
[DIVIDEND-INCOME] 132,217
[INTEREST-INCOME] 36,928
[OTHER-INCOME] 0
[EXPENSES-NET] 339,173
[NET-INVESTMENT-INCOME] (170,028)
[REALIZED-GAINS-CURRENT] 612,051
[APPREC-INCREASE-CURRENT] 812,259
[NET-CHANGE-FROM-OPS] 1,254,282
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (228,260)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 13,648,564
[NUMBER-OF-SHARES-REDEEMED] (1,576,750)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 13,097,836
[ACCUMULATED-NII-PRIOR] (39,881)
[ACCUMULATED-GAINS-PRIOR] 171,004
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 64,391
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 339,173
[AVERAGE-NET-ASSETS] 3,776,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.17)
[PER-SHARE-GAIN-APPREC] 1.18
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 11.01
[EXPENSE-RATIO] 3.99
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - INTERNATIONAL EQUITY
[SERIES]
[NUMBER] 001
[NAME] INTERNATIONAL EQUITY (CLASS A)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 20,502,782
[INVESTMENTS-AT-VALUE] 20,517,271
[RECEIVABLES] 424,535
[ASSETS-OTHER] 13,987
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 20,955,793
[PAYABLE-FOR-SECURITIES] 158,189
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 134,345
[TOTAL-LIABILITIES] 292,534
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 20,752,306
[SHARES-COMMON-STOCK] 2,086,411
[SHARES-COMMON-PRIOR] 1,897,073
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (100,650)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 11,603
[NET-ASSETS] 20,663,259
[DIVIDEND-INCOME] 300,843
[INTEREST-INCOME] 46,416
[OTHER-INCOME] (40,389)
[EXPENSES-NET] 493,249
[NET-INVESTMENT-INCOME] (186,379)
[REALIZED-GAINS-CURRENT] (120,267)
[APPREC-INCREASE-CURRENT] 11,603
[NET-CHANGE-FROM-OPS] (295,043)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (360,569)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 29,292,094
[NUMBER-OF-SHARES-REDEEMED] (10,242,833)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 18,393,649
[ACCUMULATED-NII-PRIOR] (99,156)
[ACCUMULATED-GAINS-PRIOR] (113,332)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 113,679
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 493,249
[AVERAGE-NET-ASSETS] 4,447,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.05)
[PER-SHARE-GAIN-APPREC] 0.00
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 9.95
[EXPENSE-RATIO] 2.89
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - INTERNATIONAL EQUITY
[SERIES]
[NUMBER] 002
[NAME] INTERNATIONAL EQUITY (CLASS B)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 20,502,782
[INVESTMENTS-AT-VALUE] 20,517,271
[RECEIVABLES] 424,535
[ASSETS-OTHER] 13,987
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 20,955,793
[PAYABLE-FOR-SECURITIES] 158,189
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 134,345
[TOTAL-LIABILITIES] 292,534
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 20,752,306
[SHARES-COMMON-STOCK] 2,086,411
[SHARES-COMMON-PRIOR] 1,897,073
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (100,650)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 11,603
[NET-ASSETS] 20,663,259
[DIVIDEND-INCOME] 300,843
[INTEREST-INCOME] 46,416
[OTHER-INCOME] (40,389)
[EXPENSES-NET] 493,249
[NET-INVESTMENT-INCOME] (186,379)
[REALIZED-GAINS-CURRENT] (120,267)
[APPREC-INCREASE-CURRENT] 11,603
[NET-CHANGE-FROM-OPS] (295,043)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (360,569)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 29,292,094
[NUMBER-OF-SHARES-REDEEMED] (10,242,833)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 18,393,649
[ACCUMULATED-NII-PRIOR] (99,156)
[ACCUMULATED-GAINS-PRIOR] (113,332)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 113,679
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 493,249
[AVERAGE-NET-ASSETS] 6,027,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.11)
[PER-SHARE-GAIN-APPREC] 0.00
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 9.89
[EXPENSE-RATIO] 3.64
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - INTERNATIONAL EQUITY
[SERIES]
[NUMBER] 003
[NAME] INTERNATIONAL EQUITY (CLASS C)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 20,502,782
[INVESTMENTS-AT-VALUE] 20,517,271
[RECEIVABLES] 424,535
[ASSETS-OTHER] 13,987
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 20,955,793
[PAYABLE-FOR-SECURITIES] 158,189
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 134,345
[TOTAL-LIABILITIES] 292,534
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 20,752,306
[SHARES-COMMON-STOCK] 2,086,411
[SHARES-COMMON-PRIOR] 1,897,073
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (100,650)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 11,603
[NET-ASSETS] 20,663,259
[DIVIDEND-INCOME] 300,843
[INTEREST-INCOME] 46,416
[OTHER-INCOME] (40,389)
[EXPENSES-NET] 493,249
[NET-INVESTMENT-INCOME] (186,379)
[REALIZED-GAINS-CURRENT] (120,267)
[APPREC-INCREASE-CURRENT] 11,603
[NET-CHANGE-FROM-OPS] (295,043)
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (360,569)
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 29,292,094
[NUMBER-OF-SHARES-REDEEMED] (10,242,833)
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 18,393,649
[ACCUMULATED-NII-PRIOR] (99,156)
[ACCUMULATED-GAINS-PRIOR] (113,332)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 113,679
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 493,249
[AVERAGE-NET-ASSETS] 8,717,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] (0.11)
[PER-SHARE-GAIN-APPREC] 0.00
[PER-SHARE-DIVIDEND] 0.00
[PER-SHARE-DISTRIBUTIONS] 0.00
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 9.89
[EXPENSE-RATIO] 3.64
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - TOTAL RETURN
[SERIES]
[NUMBER] 001
[NAME] TOTAL RETURN (CLASS A)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 39,800,196
[INVESTMENTS-AT-VALUE] 39,908,543
[RECEIVABLES] 491,620
[ASSETS-OTHER] 12,963
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 40,413,126
[PAYABLE-FOR-SECURITIES] 14,769,163
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 181,529
[TOTAL-LIABILITIES] 14,950,692
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 25,437,438
[SHARES-COMMON-STOCK] 2,548,292
[SHARES-COMMON-PRIOR] 2,633,375
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (100,829)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 125,825
[NET-ASSETS] 25,462,434
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,256,523
[OTHER-INCOME] 0
[EXPENSES-NET] 422,221
[NET-INVESTMENT-INCOME] 834,302
[REALIZED-GAINS-CURRENT] (137,927)
[APPREC-INCREASE-CURRENT] 125,825
[NET-CHANGE-FROM-OPS] 822,200
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (834,302)
[DISTRIBUTIONS-OF-GAINS] (18,968)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 37,925,465
[NUMBER-OF-SHARES-REDEEMED] (13,163,901)
[SHARES-REINVESTED] 721,940
[NET-CHANGE-IN-ASSETS] 25,452,434
[ACCUMULATED-NII-PRIOR] (18,968)
[ACCUMULATED-GAINS-PRIOR] (536,191)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 95,287
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 422,221
[AVERAGE-NET-ASSETS] 11,760,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 0.00
[PER-SHARE-GAIN-APPREC] 0.33
[PER-SHARE-DIVIDEND] (0.33)
[PER-SHARE-DISTRIBUTIONS] (0.01)
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 9.99
[EXPENSE-RATIO] 1.96
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - TOTAL RETURN
[SERIES]
[NUMBER] 002
[NAME] TOTAL RETURN (CLASS B)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 39,800,196
[INVESTMENTS-AT-VALUE] 39,908,543
[RECEIVABLES] 491,620
[ASSETS-OTHER] 12,963
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 40,413,126
[PAYABLE-FOR-SECURITIES] 14,769,163
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 181,529
[TOTAL-LIABILITIES] 14,950,692
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 25,437,438
[SHARES-COMMON-STOCK] 2,548,292
[SHARES-COMMON-PRIOR] 2,633,375
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (100,829)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 125,825
[NET-ASSETS] 25,462,434
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,256,523
[OTHER-INCOME] 0
[EXPENSES-NET] 422,221
[NET-INVESTMENT-INCOME] 834,302
[REALIZED-GAINS-CURRENT] (137,927)
[APPREC-INCREASE-CURRENT] 125,825
[NET-CHANGE-FROM-OPS] 822,200
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (834,302)
[DISTRIBUTIONS-OF-GAINS] (18,968)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 37,925,465
[NUMBER-OF-SHARES-REDEEMED] (13,163,901)
[SHARES-REINVESTED] 721,940
[NET-CHANGE-IN-ASSETS] 25,452,434
[ACCUMULATED-NII-PRIOR] (18,968)
[ACCUMULATED-GAINS-PRIOR] (536,191)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 95,287
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 422,221
[AVERAGE-NET-ASSETS] 7,304,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 0.00
[PER-SHARE-GAIN-APPREC] 0.29
[PER-SHARE-DIVIDEND] (0.29)
[PER-SHARE-DISTRIBUTIONS] (0.01)
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 9.99
[EXPENSE-RATIO] 2.46
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
[ARTICLE] 6
[CIK] 0001090155
[NAME] TARGET FUNDS - TOTAL RETURN
[SERIES]
[NUMBER] 003
[NAME] TOTAL RETURN (CLASS C)
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] JUL-31-2000
[PERIOD-END] JUL-31-2000
[INVESTMENTS-AT-COST] 39,800,196
[INVESTMENTS-AT-VALUE] 39,908,543
[RECEIVABLES] 491,620
[ASSETS-OTHER] 12,963
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 40,413,126
[PAYABLE-FOR-SECURITIES] 14,769,163
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 181,529
[TOTAL-LIABILITIES] 14,950,692
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 25,437,438
[SHARES-COMMON-STOCK] 2,548,292
[SHARES-COMMON-PRIOR] 2,633,375
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (100,829)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 125,825
[NET-ASSETS] 25,462,434
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1,256,523
[OTHER-INCOME] 0
[EXPENSES-NET] 422,221
[NET-INVESTMENT-INCOME] 834,302
[REALIZED-GAINS-CURRENT] (137,927)
[APPREC-INCREASE-CURRENT] 125,825
[NET-CHANGE-FROM-OPS] 822,200
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] (834,302)
[DISTRIBUTIONS-OF-GAINS] (18,968)
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 37,925,465
[NUMBER-OF-SHARES-REDEEMED] (13,163,901)
[SHARES-REINVESTED] 721,940
[NET-CHANGE-IN-ASSETS] 25,452,434
[ACCUMULATED-NII-PRIOR] (18,968)
[ACCUMULATED-GAINS-PRIOR] (536,191)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 95,287
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 422,221
[AVERAGE-NET-ASSETS] 6,393,000
[PER-SHARE-NAV-BEGIN] 10.00
[PER-SHARE-NII] 0.00
[PER-SHARE-GAIN-APPREC] 0.29
[PER-SHARE-DIVIDEND] (0.29)
[PER-SHARE-DISTRIBUTIONS] (0.01)
[RETURNS-OF-CAPITAL] 0.00
[PER-SHARE-NAV-END] 9.99
[EXPENSE-RATIO] 2.46
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0.00
</TABLE>
