Electric-field-induced magnetization (EIM) characteristics are investigated in a small 0.68[Pb(Mg1/3Nb2/3)O3]0.32PbTiO3/Terfenol-D bilayered composite by using double coils in a wide frequency range of 10–700 kHz. The EIM behaviors are strongly dependent on driving electric field frequency, bias magnetic field, and angle θ between the bias magnetic field and polarization direction. The magnetoelectric coefficient at electromechanical resonance frequency of 185 kHz reaches up to 3.1×10−7 s/m, which is ∼60 times higher than the values at nonresonance frequency. The EIM variations with the bias magnetic field exhibit hysteresis, forming EIM hysteresis loops caused by the magnetostrictive hysteresis from Terfenol-D.