VFORX: Vanguard Target Retirement 2040 Inv

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VFORX Vanguard Target Retirement 2040 Inv


Profile

VFORX - Profile

Vitals

  • YTD Return 2.6%
  • 3 Yr Annualized Return 8.2%
  • 5 Yr Annualized Return 5.6%
  • Net Assets $31.4 B
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$40.15
$34.95
$40.20

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 5.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.6%
  • 3 Yr Annualized Total Return 8.2%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.38%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Vanguard Target Retirement 2040 Fund
  • Fund Family Name
    Vanguard
  • Inception Date
    Jun 07, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    William Coleman

Fund Description

The fund invests in other Vanguard mutual funds according to an asset allocation strategy designed for investors planning to retire and leave the workforce in or within a few years of 2040 (the target year). The fund's asset allocation will become more conservative over time, meaning that the percentage of assets allocated to stocks will decrease while the percentage of assets allocated to bonds and other fixed income investments will increase.


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Fund Company Quick Screens

Performance

VFORX - Performance

Return Ranking - Trailing

Period VFORX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -0.3% 3.5% 34.15%
1 Yr 14.1% -9.6% 15.2% 6.12%
3 Yr 8.2%* -4.5% 9.1% 4.75%
5 Yr 5.6%* -3.0% 6.2% 1.89%
10 Yr 7.9%* -5.8% 8.0% 1.04%

* Annualized

Return Ranking - Calendar

Period VFORX Return Category Return Low Category Return High Rank in Category (%)
2019 21.1% -11.2% 22.9% 4.49%
2018 -9.7% -19.1% 0.0% 52.53%
2017 18.4% -12.3% 20.9% 13.75%
2016 6.2% -4.2% 7.5% 4.81%
2015 -4.4% -13.0% 0.0% 40.81%

Total Return Ranking - Trailing

Period VFORX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.6% -0.3% 3.5% 34.15%
1 Yr 14.1% -9.6% 15.2% 6.12%
3 Yr 8.2%* -4.2% 11.1% 11.71%
5 Yr 5.6%* -3.0% 8.7% 13.63%
10 Yr 7.9%* -4.0% 10.5% 7.61%

* Annualized

Total Return Ranking - Calendar

Period VFORX Return Category Return Low Category Return High Rank in Category (%)
2019 21.1% -11.2% 22.9% 4.49%
2018 -9.7% -19.1% 0.0% 70.44%
2017 18.4% -12.3% 24.1% 24.92%
2016 6.2% 0.0% 9.8% 35.82%
2015 -4.4% -9.4% 0.7% 77.13%

NAV & Total Return History


Holdings

VFORX - Holdings

Concentration Analysis

VFORX Category Low Category High VFORX % Rank
Net Assets 31.4 B 42 K 46.9 B 0.94%
Number of Holdings 5 1 588 95.90%
Net Assets in Top 10 31.4 B 0 46.7 B 0.82%
Weighting of Top 10 100.00% 0.0% 113.8% 8.68%

Top 10 Holdings

  1. Vanguard Total Stock Mkt Idx Inv 49.94%
  2. Vanguard Total Intl Stock Index Inv 33.32%
  3. Vanguard Total Bond Market II Idx Inv 11.87%
  4. Vanguard Total Intl Bd Idx Investor 4.87%

Asset Allocation

Weighting Return Low Return High VFORX % Rank
Stocks
82.25% 0.00% 94.10% 22.86%
Bonds
16.20% -40.53% 79.46% 73.04%
Cash
1.43% -35.61% 112.41% 85.93%
Convertible Bonds
0.09% 0.00% 1.36% 63.42%
Other
0.03% -0.27% 100.06% 62.02%
Preferred Stocks
0.01% 0.00% 7.46% 67.76%

Stock Sector Breakdown

Weighting Return Low Return High VFORX % Rank
Financial Services
17.48% 3.32% 23.02% 29.67%
Technology
15.22% 2.95% 20.65% 53.43%
Healthcare
12.23% 1.62% 18.93% 59.93%
Industrials
11.65% 1.62% 16.11% 28.96%
Consumer Cyclical
10.27% 1.88% 12.42% 46.22%
Communication Services
8.56% 0.21% 12.50% 21.75%
Consumer Defense
7.78% 1.02% 14.47% 46.45%
Energy
4.89% 0.59% 15.76% 47.04%
Basic Materials
4.48% 0.76% 7.66% 25.06%
Real Estate
4.23% 0.43% 46.10% 45.63%
Utilities
3.21% 0.00% 13.14% 51.42%

Stock Geographic Breakdown

Weighting Return Low Return High VFORX % Rank
US
49.42% 0.00% 63.41% 27.90%
Non US
32.83% 0.00% 39.24% 3.52%

Bond Sector Breakdown

Weighting Return Low Return High VFORX % Rank
Government
52.80% 0.00% 99.40% 11.92%
Corporate
21.35% 0.00% 51.51% 43.45%
Securitized
17.37% 0.00% 45.77% 51.48%
Cash & Equivalents
8.07% 0.60% 112.41% 79.93%
Municipal
0.41% 0.00% 27.51% 28.34%
Derivative
0.00% -82.56% 29.38% 68.83%

Bond Geographic Breakdown

Weighting Return Low Return High VFORX % Rank
US
10.69% -52.61% 74.67% 78.08%
Non US
5.51% -4.04% 24.72% 36.46%

Expenses

VFORX - Expenses

Operational Fees

VFORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.00% 5.27% 95.61%
Management Fee 0.00% 0.00% 0.77% 18.34%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

VFORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

VFORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

VFORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 0.00% 207.00% 25.52%

Distributions

VFORX - Distributions

Dividend Yield Analysis

VFORX Category Low Category High VFORX % Rank
Dividend Yield 0.00% 0.00% 2.61% 54.98%

Dividend Distribution Analysis

VFORX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Quarterly

Net Income Ratio Analysis

VFORX Category Low Category High VFORX % Rank
Net Income Ratio 2.38% -0.45% 4.93% 26.90%

Capital Gain Distribution Analysis

VFORX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

VFORX - Fund Manager Analysis

Managers

William Coleman


Start Date

Tenure

Tenure Rank

Feb 22, 2013

6.94

6.9%

William Coleman, Portfolio Manager. He has worked in investment management since joining Vanguard in 2006. Education: B.S., King’s College; M.S., Saint Joseph’s University.

Walter Nejman


Start Date

Tenure

Tenure Rank

Feb 22, 2013

6.94

6.9%

Walter Nejman, Portfolio Manager at Vanguard. He has been with Vanguard since 2005; has worked in investment management since 2008; and has co-managed the Communication Services Index, Health Care Index, Industrials Index, and Information Technology Index Funds since 2015. Education: B.A., Arcadia University; M.B.A., Villanova University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.35 4.54 0.08