Investments in bonds are subject to interest rate, credit, and inflation risk.įor more information about Vanguard mutual funds and ETFs, visit Vanguard mutual fund prospectuses or Vanguard ETF prospectuses to obtain a prospectus or, if available, a summary prospectus. Diversification does not ensure a profit or protect against a loss. Should you choose to retire significantly earlier or later, you may want to consider a fund with an asset allocation more appropriate to your particular situation.Īll investing is subject to risk, including the possible loss of the money you invest. These fund suggestions are based on an estimated retirement age of approximately 65. The fund’s expense reductions can be attributed to economies of scale from asset growth and incentive/penalty arrangements. Founded in 1929, Vanguard Wellington Fund is the nation’s oldest and largest balanced fund. 1 Vanguard’s investor-owned corporate structure enables the firm to return value to shareholders through lower costs and reinvestments to. The expense ratio of the 1.5 billion Vanguard Convertible Securities Fund (VCVSX) declined four basis points to 0.34. The changes include reductions for four broadly diversified bond ETFs and represent 8.8 million in aggregate net savings for investors. An investment in a Target Retirement Fund is not guaranteed at any time, including on or after the target date. VALLEY FORGE, PA (April 29, 2022)Vanguard today reported expense ratio changes for six funds across multiple ETF and mutual fund share classes with fiscal years ending December 2021. The fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. Vanguard Target Retirement Funds average expense ratio: 0.11. The year in the fund name refers to the approximate year (the target date) when an investor in the fund would retire and leave the workforce. Let our new online financial planner match an investment strategy to your retirement goals. Investments in Target Retirement Funds are subject to the risks of their underlying funds. Sources: Vanguard and Morningstar, Inc., as of December 31, 2021. Industry average expense ratio for comparable target-date funds: 0.49%. *Vanguard Target Retirement Funds average expense ratio: 0.11%.

Vanguard expense ratio