Vanguard Target Retirement 2020 Fund Investor Shares (VTWNX)

Net Asset Value
1 Day
Overall Morningstar Rating
Target-date 2020
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide capital appreciation and current income consistent with its current asset allocation. 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 2020 (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.


1 month+0.75% 3 years+8.25%
3 months+2.35% 5 years+6.88%
1 year+6.54% Since inception+6.38%
Data through --

Peer Comparisonvs. Target-date 2020

Performance 5-yr return+6.88%+6.07%
Expense ratio0.13%0.80%
Risk 5 year sharpe ratio1.231.05
Net assets$33.1B$2.5B
Average market cap$41.5B$46.5B
Average P/E17.117.5
Portfolio turnover9%9%

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Fund Management and Purchase Info

Fund familyVanguard
Fund manager & tenureWilliam Coleman / 5 Years
Minimal initial investment$1,000.00
Minimum IRA investment--


Fixed income45.40%
U.S. stock32.47%
International stock20.32%
Top 5 Sectors
Portfolio weighting
Financial service 18.78%
Industrial materials 14.25%
Healthcare 10.64%
Energy 10.45%
Consumer goods 9.89%
Top 10 Holdings
Portfolio weighting
VTSMX Vanguard Total Stock Market Index Fund Investor Shares32.57%
VTBIX Vanguard Total Bond Market II Index Fund Investor Shares28.85%
VGTSX Vanguard Total International Stock Index Fund Investor Shares21.23%
VTIBX Vanguard Total International Bond Index Fund Investor Shares12.23%
VTIPX Vanguard Short-Term Inflation-Protected Securities Index Fund Investor Shares5.11%