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<PAGE> PAGE 13
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<PAGE> PAGE 16
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<PAGE> PAGE 20
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028 D020400 104
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034 000400 Y
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<PAGE> PAGE 21
042 C000400 77
042 D000400 23
042 E000400 0
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046 000400 N
047 000400 Y
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048 I010400 0
048 I020400 0.000
048 J010400 0
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059 000400 Y
060 A000400 Y
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061 000400 50
062 A000400 Y
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062 H000400 0.0
062 I000400 0.7
062 J000400 0.0
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<PAGE> PAGE 22
062 M000400 0.0
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062 O000400 101.3
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062 Q000400 0.0
062 R000400 -2.0
063 A000400 0
063 B000400 10.0
064 A000400 Y
064 B000400 N
066 A000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 N
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 Y
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 N
070 K020400 N
070 L010400 N
070 L020400 N
070 M010400 N
070 M020400 N
070 N010400 N
070 N020400 N
070 O010400 N
070 O020400 N
070 P010400 Y
070 P020400 N
070 Q010400 Y
070 Q020400 N
070 R010400 Y
070 R020400 N
<PAGE> PAGE 23
071 A000400 13540
071 B000400 10566
071 C000400 37928
071 D000400 28
072 A000400 12
072 B000400 2260
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<PAGE> PAGE 24
074 K000400 155
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015 A000501 UMB BANK, N.A.
015 B000501 C
015 C010501 KANSAS CITY
015 C020501 MO
015 C030501 64141
015 C040501 6226
015 E010501 X
015 A000502 UNITED MISSOURI TRUST COMPANY OF NEW YORK
015 B000502 S
015 C010502 NEW YORK
015 C020502 NY
015 C030502 10004
015 E010502 X
015 A000503 BROWN BROTHERS HARRIMAN & CO.
015 B000503 S
015 C010503 BOSTON
015 C020503 MA
015 C030503 02109
015 E010503 X
015 A000504 CITIBANK, N.A.
015 B000504 S
015 C010504 BUENOS AIRES
015 D010504 ARGENTINA
015 E040504 X
015 A000505 DEUTSCHE BANK, AG
015 B000505 S
015 C010505 FRANKFURT
015 D010505 GERMANY
<PAGE> PAGE 25
015 E040505 X
015 A000506 DEN DANSKE BANK
015 B000506 S
015 C010506 COPENHAGEN
015 D010506 DENMARK
015 E040506 X
015 A000507 MERITA BANK
015 B000507 S
015 C010507 HELSINKI
015 D010507 FINLAND
015 E040507 X
015 A000508 BANK OF BOSTON
015 B000508 S
015 C010508 SAN PAULO
015 D010508 BRAZIL
015 E040508 X
015 A000509 BANQUE INDOSUEZ
015 B000509 S
015 C010509 PARIS
015 D010509 FRANCE
015 E040509 X
015 A000510 ABN AMRO BANK
015 B000510 S
015 C010510 AMSTERDAM
015 D010510 NETHERLANDS
015 E040510 X
015 A000511 CITIBANK, N.A.
015 B000511 S
015 C010511 JAKARTA
015 D010511 INDONESIA
015 E040511 X
015 A000512 MIDLAND BANK PLC
015 B000512 S
015 C010512 LONDON
015 D010512 ENGLAND
015 E040512 X
015 A000513 BANK OF TOKYO, MITSUBISHI
015 B000513 S
015 C010513 TOKYO
015 D010513 JAPAN
015 E040513 X
015 A000514 HONGKONG BANK MALAYSIA BERHAD
015 B000514 S
015 C010514 KUALA LUMPUR
015 D010514 MALAYSIA
015 E040514 X
015 A000515 HONGKONG & SHANGHAI BANKING CORP.
015 B000515 S
015 C010515 SINGAPORE
015 D010515 SINGAPORE
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<PAGE> PAGE 26
015 A000516 CHRISTIANA BANK
015 B000516 S
015 C010516 OSLO
015 D010516 NORWAY
015 E040516 X
015 A000517 CITIBANK, N.A.
015 B000517 S
015 C010517 MANILA
015 D010517 PHILIPPINES
015 E040517 X
015 A000518 BANCO SANTANDER
015 B000518 S
015 C010518 MADRID
015 D010518 SPAIN
015 E040518 X
015 A000519 SKANDINAVISKA ENSKILDA BANKEN
015 B000519 S
015 C010519 STOCKHOLM
015 D010519 SWEDEN
015 E040519 X
015 A000520 HONGKONG & SHANGHAI BANKING CORP.
015 B000520 S
015 C010520 HONG KONG
015 D010520 HONG KONG
015 E040520 X
015 A000521 BANCA COMMERCIALE
015 B000521 S
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015 D010521 ITALY
015 E040521 X
015 A000522 CITIBANK MEXICO
015 B000522 S
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015 E040522 X
015 A000523 UNION BANK OF SWITZERLAND
015 B000523 S
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015 D010523 SWITZERLAND
015 E040523 X
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015 B000524 S
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015 D010524 THAILAND
015 E040524 X
015 A000525 DELETE
015 A000526 DELETE
015 A000527 NATIONAL AUSTRALIA BANK
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<PAGE> PAGE 27
015 E040527 X
015 A000528 BANCO ESPIRTO SANTO E COMMERCIAL DE LISBON
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024 000500 Y
025 A000501 CREDIT SUISSE GROUP, REGISTERED SHARES
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<PAGE> PAGE 28
042 B000500 0
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<PAGE> PAGE 29
062 L000500 0.0
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069 000500 N
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070 E020500 N
070 F010500 Y
070 F020500 N
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070 G020500 N
070 H010500 Y
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 N
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070 L020500 Y
070 M010500 Y
070 M020500 Y
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070 P010500 Y
<PAGE> PAGE 30
070 P020500 Y
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<PAGE> PAGE 31
074 F000500 79827
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015 A000601 UMB BANK, N.A.
015 B000601 C
015 C010601 KANSAS CITY
015 C020601 MO
015 C030601 64141
015 C040601 6226
015 E010601 X
015 A000602 UNITED MISSOURI TRUST COMPANY OF NEW YORK
015 B000602 S
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015 C020602 NY
015 C030602 10004
015 E010602 X
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015 B000604 S
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015 C020604 MA
015 C030604 02109
015 E010604 X
015 A000605 ABN AMRO BANK
015 B000605 S
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<PAGE> PAGE 32
015 E040605 X
015 A000606 SKANDINAVISKA ENSKILDA BANKEN
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
070 Q020600 N
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<PAGE> PAGE 36
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015 A000701 UMB BANK, N.A.
015 B000701 C
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015 C020701 MO
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015 C040701 6226
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015 A000702 UNITED MISSOURI TRUST COMPANY OF NEW YORK
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
070 B010700 Y
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<PAGE> PAGE 40
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<PAGE> PAGE 41
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<PAGE> PAGE 42
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<PAGE> PAGE 43
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<PAGE> PAGE 44
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<PAGE> PAGE 45
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SIGNATURE THEODORE W. HOWARD
TITLE V.P. & TREASURER
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<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
SHAREHOLDERS DATED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000883622
<NAME> WADDELL & REED FUNDS, INC.
<SERIES>
<NUMBER> 1
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<PERIOD-END> MAR-31-1998
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<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
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<CIK> 0000883622
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<SERIES>
<NUMBER> 2
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<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
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<CIK> 0000883622
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<SERIES>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
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</LEGEND>
<CIK> 0000883622
<NAME> WADDELL & REED FUNDS, INC.
<SERIES>
<NUMBER> 4
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<S> <C>
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
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</LEGEND>
<CIK> 0000883622
<NAME> WADDELL & REED FUNDS, INC.
<SERIES>
<NUMBER> 5
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
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TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000883622
<NAME> WADDELL & REED FUNDS, INC.
<SERIES>
<NUMBER> 6
<NAME> ASSET STRATEGY FUND
<S> <C>
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WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
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<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
SHAREHOLDERS DATED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000883622
<NAME> WADDELL & REED FUNDS, INC.
<SERIES>
<NUMBER> 8
<NAME> SCIENCE AND TECHNOLOGY FUND
<S> <C>
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</TABLE>
<TABLE> <S> <C>
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<LEGEND>
THE SCHEDULE CONTAINS SUMMARY INFORMATION EXTRACTED FROM THE ANNUAL REPORT TO
SHAREHOLDERS DATED MARCH 31, 1998 AND IS QUALIFIED IN ITS ENTIRETY BY REFERENCE
TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<CIK> 0000883622
<NAME> WADDELL & REED FUNDS, INC.
<SERIES>
<NUMBER> 8
<NAME> HIGH INCOME FUND
<S> <C>
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</TABLE>