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Targeted programs are indeed characterized as high-impact, highly focused programs for risk reduction. These programs are designed to address specific issues or populations that have been identified as having a higher risk for certain negative outcomes, such as substance abuse or other harmful behaviors. By concentrating resources and efforts on these high-risk groups or situations, targeted programs are able to implement strategies that are more effective in changing behaviors and reducing risks. The focused nature of these programs allows for tailored interventions that address the unique needs of the audience, making them more impactful in achieving desired outcomes.

The other options do not align with the characteristics of targeted programs. While short-term funding and service to a specific group may apply to some programs, the emphasis on high impact and risk reduction is what sets targeted programs apart within the field of prevention.