# Vanguard Target Retirement 2050 Fund (VFIFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vfifx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Vanguard · Asset class: Multi-Asset - Strategy: Actively Managed · Inception: 2006-06-07 The Vanguard Target Retirement 2050 Fund offers an all-in-one, broadly diversified investment option with an asset allocation that progressively shifts over time. As the designated retirement year draws closer, the fund systematically reduces its exposure to stocks and increases its holdings in bonds. This rebalancing strategy continues for approximately seven years past the retirement date, eventually aligning its asset mix with the Vanguard Target Retirement Income Fund. Prospective investors should be comfortable with the inherent market fluctuations associated with both equity and fixed... ## Key Facts | Metric | Value | |---|---| | Price | $63.86 | | Expense Ratio | 0.08% | | Assets Under Management | $107.70B | | NAV | $63.86 (2026-11-06 close) | | Holdings Count | 4 | | Distribution Yield (TTM) | 1.94% | | Annual Distribution (TTM) | $1.24 /share | | Distribution Frequency | Annual | | 52-Week Range | $56.94 – $67.77 | | Beta | 1.19 | ## Latest Distribution - Amount: $1.2385 /share - Ex-date: 2025-12-23 - Pay date: 2025-12-24 ## Frequently Asked Questions ### What does VFIFX invest in? The Vanguard Target Retirement 2050 Fund offers an all-in-one, broadly diversified investment option with an asset allocation that progressively shifts over time. As the designated retirement year draws closer, the fund systematically reduces its exposure to stocks and increases its holdings in bonds. This rebalancing strategy continues for approximately seven years past the retirement date, eventually aligning its asset mix with the Vanguard Target Retirement Income Fund. Prospective investors should be comfortable with the inherent market fluctuations associated with both equity and fixed-income securities. This specific fund is designed for individuals anticipating retirement roughly between 2048 and 2052. ### What is the expense ratio of VFIFX? Vanguard Target Retirement 2050 Fund (VFIFX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is VFIFX? Vanguard Target Retirement 2050 Fund (VFIFX) manages $107.70B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is VFIFX actively managed or an index fund? VFIFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (VFIFX's is 0.08%) in exchange for the discretion to over- or under-weight positions. ### When was VFIFX launched? Vanguard Target Retirement 2050 Fund (VFIFX) launched in June 2006 and is managed by Vanguard. ### How has VFIFX performed? VFIFX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does VFIFX pay a dividend? Vanguard Target Retirement 2050 Fund (VFIFX) currently distributes little or no income. Trailing-twelve-month yield is 1.94%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does VFIFX pay dividends? Vanguard Target Retirement 2050 Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is VFIFX's dividend yield? VFIFX's trailing-twelve-month yield is 1.94%, calculated from the sum of dividends over the past year divided by the current price. ### When is VFIFX's next ex-dividend date? The most recently announced ex-dividend date for VFIFX was 2025-12-23. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will VFIFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.08% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does VFIFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VFIFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does VFIFX cost more than a fund like VOO? VFIFX is actively managed (current expense ratio 0.08%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether VFIFX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to VFIFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VFIFX (0.08%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/vfifx - Distribution history: https://www.dividenddata.com/funds/vfifx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vfifx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vfifx/expenses - Peer comparison: https://www.dividenddata.com/funds/vfifx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.