Vanguard Target Retirement 2040 Fund

Frequently Asked Questions About VFORX

What does VFORX invest in?

These Vanguard Target Retirement Funds offer a comprehensive investment solution, consolidating a diversified portfolio into a single offering whose asset allocation strategy dynamically adapts over time. They achieve broad market exposure by gradually scaling back equity holdings and simultaneously boosting fixed-income investments as the fund's designated retirement year draws nearer. This rebalancing process extends for roughly seven years past the target date, ultimately conforming its asset structure to that of the Target Retirement Income Fund. Prospective investors in these funds must be comfortable with the inherent market fluctuations associated with both equity and bond investments. This particular fund is best suited for individuals whose projected retirement falls within the 2038 to 2042 window.

What is the expense ratio of VFORX?

Vanguard Target Retirement 2040 Fund (VFORX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

What is VFORX's dividend yield?

VFORX's trailing-twelve-month yield is 2.55%, calculated from the sum of dividends over the past year divided by the current price.

How big is VFORX?

Vanguard Target Retirement 2040 Fund (VFORX) manages $119.60B 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 VFORX actively managed or an index fund?

VFORX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was VFORX launched?

Vanguard Target Retirement 2040 Fund (VFORX) launched in June 2006 and is managed by Vanguard.