Line of Credit Details
Morningstar Category
Target-Date 2025
Fund Inception
10/27/2003
01/31/20250.08%
01/31/20250.08%
03/13/2025$18.67
Transaction Fee (Online) footnote 2
$100.00
Minimum to Invest footnote 4
$2,500.00
09/30/20247.00%
02/28/2025$75,092.05
12 Month Low-High
02/28/2025$18.42 - $20.68
Fund Manager(s)
Manager Tenure: since 02/17/2023
Manager Tenure: since 02/17/2023
Manager Tenure: since 02/17/2023
Fund Overview
Top Sector
AS OF 01/31/2025
Technology23.98%
Top Country
AS OF 01/31/2025
United States65.59%
Objective
The investment seeks to provide capital appreciation and current income consistent with its current asset allocation.
Strategy
The fund invests in a mix of 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 2025 (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.
Risk
The target date funds are designed for investors expecting to retire around the year indicated in each fund's name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available.
Additional Disclosures
This description is only intended to provide a brief overview of the mutual fund. Read the fund's prospectus for more detailed information about the fund.
Average Annual Total Returns footnote 1
footnote 3
footnote 8
footnote 9
AS OF 02/28/2025
Fund Inception 10/27/2003
| Return Type | 1 Yr | 3 Yrs | 5 Yrs | 10 Yrs | Life |
|---|---|---|---|---|---|
FUND Vanguard Target Retirement 2025 Fund | 10.21% | 4.69% | 7.04% | 6.28% | 6.73% |
PRIMARY BENCHMARK | 17.59% | 11.64% | 16.29% | 12.43% | 10.75% |
SECONDARY BENCHMARK | 10.23% | 4.94% | 7.51% | 6.59% | -- |
MORNINGSTAR CATEGORY AVERAGE | 9.58% | 4.00% | 6.39% | 5.73% | -- |
Rank in Morningstar Category | 17% | 22% | 29% | 20% | -- |
# of Funds in Morningstar Category | 178 | 167 | 146 | 93 | -- |
Yield
| 02/28/2025 | ||
|---|---|---|
| -- | 2.87% | |
| -- | 2.76% |
Hypothetical Growth of $10,000 footnote 8
footnote 11
AS OF 02/28/2025
FUND
VTTVX:$18,384
MSCI US Broad Market Index (Gross)$32,282
Vanguard Retirement 2025 Composite Index$18,922
MORNINGSTAR CATEGORY AVERAGE
Target-Date 2025$17,045
(right-click to deleteright-click to manage)(long-press to drag)(drag to change anchor time)
Insufficient Data. Either the fund is too new, or return data of current frequency is not available.
Calendar-Year Total Returns footnote 1
footnote 3
footnote 8
footnote 9
AS OF 02/28/2025
| Return Type | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
FUND Vanguard Target Retirement 2025 Fund | 2.46% | 9.44% | 14.55% | -15.55% | 9.80% | 13.30% | 19.63% | -5.15% | 15.94% | 7.48% | -0.85% |
PRIMARY BENCHMARK | 1.15% | 23.81% | 26.21% | -19.23% | 26.10% | 21.02% | 31.07% | -5.28% | 21.21% | 12.67% | 0.57% |
SECONDARY BENCHMARK | 2.33% | 9.60% | 14.74% | -15.00% | 10.10% | 14.18% | 19.92% | -5.00% | 16.08% | 7.67% | -0.58% |
MORNINGSTAR CATEGORY AVERAGE Target-Date 2025 | 2.82% | 8.24% | 12.76% | -15.19% | 9.75% | 11.84% | 18.25% | -5.34% | 14.67% | 6.73% | -1.59% |
+/- MSCI US Broad Mkt (G) | 1.31% | -14.37% | -11.66% | 3.68% | -16.30% | -7.72% | -11.44% | 0.13% | -5.27% | -5.19% | -1.42% |
+/- Vanguard Retirement 2025 Composite Index | 0.13% | -0.16% | -0.19% | -0.55% | -0.30% | -0.88% | -0.29% | -0.15% | -0.14% | -0.19% | -0.27% |
+/- Target-Date 2025 | -0.36% | 1.20% | 1.79% | -0.36% | 0.05% | 1.46% | 1.38% | 0.19% | 1.27% | 0.75% | 0.74% |
Quarter-End Average Annual Total Returns footnote 1
footnote 3
footnote 8
AS OF 12/31/2024
Fund Inception 10/27/2003
0.08% AS OF 01/31/2025
| Return Type | 1 Yr | 3 Yrs | 5 Yrs | 10 Yrs | Life |
|---|---|---|---|---|---|
FUND Vanguard Target Retirement 2025 Fund | 9.44% | 1.92% | 5.66% | 6.32% | 6.66% |
PRIMARY BENCHMARK | 23.81% | 8.07% | 14.01% | 12.63% | 10.78% |
SECONDARY BENCHMARK | 9.60% | 2.24% | 6.09% | 6.64% | -- |
MORNINGSTAR CATEGORY AVERAGE | 8.24% | 1.14% | 4.96% | 5.67% | -- |
Vanguard Target Retirement 2025 Fund | 7.28% | 0.56% | 3.83% | 4.90% | 5.64% |
| 6.08% | -0.60% | 3.12% | 3.97% | -- | |
Vanguard Target Retirement 2025 Fund | 6.60% | 1.17% | 4.11% | 4.71% | 5.26% |
| 4.89% | 0.26% | 3.28% | 3.92% | -- |
Cumulative Total Returns footnote 1
footnote 3
AS OF 02/28/2025
*AS OF 03/13/2025
Fund inception 10/27/2003
| Return Type | YTD (Daily)* | YTD (Monthly) | 1 Month | 3 Months | 6 Months |
|---|---|---|---|---|---|
FUND Vanguard Target Retirement 2025 Fund | -0.11% | 2.46% | 0.58% | 0.39% | 2.59% |
PRIMARY BENCHMARK | -- | 1.15% | -1.90% | -1.92% | 5.99% |
SECONDARY BENCHMARK | -- | 2.33% | 0.42% | 0.41% | 2.58% |
MORNINGSTAR CATEGORY AVERAGE | -- | 2.82% | 0.78% | 0.34% | 2.24% |
Fund Risk and Return
AS OF 02/28/2025
Returns
Returns
This fund scores Above Average because it delivered returns that were in the top 22.5% when compared to other funds within its Morningstar category.
How is it calculated?
This rating is based on a fund's Morningstar Return (its annualized return in excess to the return of the 90-day U.S. Treasury bill over a three-, five-, or ten-year period). The Morningstar Returns in each category are then scored against each other on a bell curve. In each Morningstar Category:
– top 10% - High
– next 22.5% - Above Average
– middle 35% - Average
– next 22.5% - Below Average
– bottom 10% - Low
– top 10% - High
– next 22.5% - Above Average
– middle 35% - Average
– next 22.5% - Below Average
– bottom 10% - Low
What does it mean?
While past performance is no guarantee of future results, the Morningstar Return shows how the fund has done in the past in comparison to similar funds in its peer group. It does not, however, show the effects of risk.
Therefore, the Morningstar Return is most helpful when used in conjunction with the Morningstar Risk Score. For example, an investor could use these two scores when comparing between funds that have the same Morningstar Star Rating and similar Morningstar Risk Adjusted Returns but different levels of risk.
Therefore, the Morningstar Return is most helpful when used in conjunction with the Morningstar Risk Score. For example, an investor could use these two scores when comparing between funds that have the same Morningstar Star Rating and similar Morningstar Risk Adjusted Returns but different levels of risk.
Risk
Risk
This fund scores Average because Morningstar has rated its risk between the 40th and 60th percentiles when compared to other funds within its Morningstar category.
How is it calculated?
Risk is calculated using the Sharpe ratio, which compares portfolio returns to a rate comparable to U.S. Treasury bonds, relative to the fund's overall volatility. For this measure, Morningstar has compared the Sharpe ratio of this fund against all other funds that invest in it's Morningstar Category.
What does it mean?
A higher Sharpe implies better risk-adjusted returns. Therefore, if a fund has a Sharpe ratio higher than its category average, it's returns relative to it's risk were better than other similar funds. If its Sharpe ratio is lower, that's usually a sign that the risk-adjusted returns were lower than other similar funds.
Risk of this Type of Fund
Risk of this Type of Fund
Morningstar assigns a risk level to each of its mutual fund categories. These risk levels range from 1 for those funds with least amount of risk to 10 for those with the greatest amount of risk.
How is it calculated?
Morningstar calculates these risk levels by looking at the Morningstar Risk of the funds in the Category over the previous 5-year period. Morningstar Risk is the difference between the Morningstar Return, based on fund total returns, and the Morningstar Risk Adjusted Return, based on fund total returns adjusted for performance volatility. The Category Risk Level is based on the equal weighted average Morningstar Risk of the funds in the category. Morningstar's Research Committee evaluates the Category Morningstar Risk and assigns the Category Risk Level after further qualitative judgment.
What does it mean?
This score can help you understand the risk involved with a particular Morningstar category of funds, which may be helpful in evaluating the risk associated with a specific investment. The Category Risk Level is based on the equal weighted average performance of the funds in the category. It does not reflect the risk associated with any individual fund or the relative risk of a fund within a particular Morningstar category. Because the score is based on past performance, it may not reflect the future risk of the category. In addition to risk, you should evaluate a fund's investment objective, strategy, fees and other characteristics before making your investment decision.
Risk
The target date funds are designed for investors expecting to retire around the year indicated in each fund's name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available.
Volatility Measures
Historical Fund Performance footnote 3
Most recent year's data as of: 02/28/2025
Year | Total Returns | Capital Gains | ||
|---|---|---|---|---|
| 2025 | 2.46% | -- | -- | $75,092.05 |
| 2024 | 9.44% | $0.873712 | $0.5532 | $75,332.42 |
| 2023 | 14.55% | $0.223323 | $0.5051 | $76,495.54 |
| 2022 | -15.55% | $0.125918 | $0.368 | $71,647.29 |
| 2021 | 9.80% | $2.8709 | $0.4398 | $40,930.55 |
| 2020 | 13.30% | $0.581 | $0.3557 | $49,978.95 |
| 2019 | 19.63% | $0.039 | $0.4712 | $46,628.48 |
| 2018 | -5.15% | $0.1003 | $0.4343 | $38,312.44 |
| 2017 | 15.94% | $0.0877 | $0.3693 | $39,231.50 |
| 2016 | 7.48% | $0.1108 | $0.327 | $32,158.74 |
Morningstar Ratings
AS OF 02/28/2025
Overall Rating
3 Yrs
5 Yrs
10 Yrs
Lipper Ranking
AS OF 02/28/2025
LIPPER PEER GROUP: Growth & Income
1 Yr
5 Yrs
10 Yrs
Major Market Sectors footnote 12
AS OF 01/31/2025
Portfolio Diversification footnote 12
AS OF 01/31/2025
Equity StyleMap®* footnote 5
AS OF 01/31/2025
LG | Current and Historical | |||
MD | ||||
SM | ||||
Large Blend
*49.85% Fund Assets Covered
Invest in companies with market values greater than $10 billion. These funds invest in a combination of growth and value-oriented stocks.
Fixed Income StyleMap®* footnote 6
AS OF 01/31/2025
Ltd | Mod | Ext | ||
High | Current and Historical | |||
Med | Historical | |||
Low | ||||
High Quality Moderate Sensitivity
*48.21% Fund Assets Covered
Hold securities with a high asset-weighted average credit rating and a moderate sensitivity to interest rate changes as defined by the fund's effective duration, both according to Morningstar's rating system.
Asset Allocation footnote 12
AS OF 01/31/2025
Top 10 Holdings footnote 12
AS OF 01/31/2025
Regional Diversification footnote 7
footnote 12
AS OF 01/31/2025
Country Diversification footnote 12
AS OF 01/31/2025
Credit Quality footnote 12
AS OF 01/31/2025
Portfolio Data
02/28/20252.87%
01/31/20253.02%
01/31/2025$93.67
01/31/20255.73 Years
01/31/20257.66 Years
Fund Facts
September
Fund Inception
10/27/2003
02/28/2025$75,092.05
Fund Symbol
VTTVX
04:00 PM EST
Expenses & Fees
01/31/2025($0.80 per $1,000)0.08%
01/31/2025($0.80 per $1,000)0.08%
Transaction Fee (Online) footnote 2
$100.00
See prospectus for more information on Fees, Expenses & Loads.
Dividend History
Date | Per Share Amount | Reinvestment Price |
|---|---|---|
| 12/30/2024 | $0.5532 | $18.72 |
| 12/27/2023 | $0.5051 | $18.43 |
| 12/28/2022 | $0.368 | $16.57 |
| 12/29/2021 | $0.4398 | $20.34 |
Distribution Schedule: Annually
Capital Gains History
Date | Per Share Amount | Reinvestment Price |
|---|---|---|
| 12/30/2024 | $0.873712 | $18.72 |
| 12/27/2023 | $0.223323 | $18.43 |
| 12/28/2022 | $0.125918 | $16.57 |
| 12/29/2021 | $2.8709 | $20.34 |
Distribution Schedule: Annually
Minimums
Initial Investment
$2,500.00
Additional Investment
$250.00
Initial IRA Investment
$2,500.00
Additional IRA Investment
$250.00
Initial Group Retirement Investment footnote 4
$1,000.00
Additional Group Retirement Investment
$250.00
Pricing
AS OF 02/28/2025
Price History By Month
Actual Values: Feb. 2025
to Feb. 2024
| Month | Close | Low | High |
|---|---|---|---|
| February 2025 | $19.15 | $18.96 | $19.27 |
| January | $19.04 | $18.50 | $19.10 |
| December | $18.69 | $18.69 | $20.68 |
| November | $20.53 | $20.03 | $20.53 |
| October | $20.03 | $20.03 | $20.42 |
| September | $20.45 | $19.75 | $20.45 |
| August | $20.09 | $19.18 | $20.10 |
| July | $19.74 | $19.30 | $19.88 |
| June | $19.32 | $19.16 | $19.41 |
| May | $19.10 | $18.57 | $19.26 |
| April | $18.56 | $18.42 | $19.02 |
| March | $19.08 | $18.75 | $19.08 |
Features