The goal was to examine the relation of covert/relational and overt/physical targeted peer victimization (TPV) to each other, to positive and negative self-cognitions, and to symptoms of depression. In a sample of elementary and middle school children, TPV was assessed by self-report, peer-nomination, and parent report in a multitrait-multimethod study. Positive and negative self-cognitions and depressive symptoms were assessed by self-report. Confirmatory factor analytic results support the convergent and discriminant validity of these two types of TPV. Both kinds of TPV were significantly related to positive and negative self-cognitions as well as self-reported depressive symptoms; however, structural equation modeling revealed that the effects of covert/relational TPV accounted for the effects of overt/physical TPV. In exploratory analyses, positive and negative self-cognitions explained the relation between TPV and depressive symptoms. (Contains 3 footnotes, 4 tables and 4 figures.)