Vanguard Institutional Target Retirement 2055 Fund Institutional Shares

Frequently Asked Questions About VIVLX

What does VIVLX invest in?

This fund aims to deliver long-term capital growth and produce current income, aligned with its prevailing investment strategy. It allocates its holdings among various Vanguard mutual funds, employing an asset allocation methodology specifically tailored for investors who plan to retire and leave the workforce around the year 2055. As the target year draws nearer, the fund's investment mix will progressively shift to a more conservative stance, meaning it will decrease its exposure to stocks while simultaneously increasing its allocation to bonds and other fixed-income securities.

What is the expense ratio of VIVLX?

An expense ratio for Vanguard Institutional Target Retirement 2055 Fund Institutional Shares (VIVLX) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is VIVLX?

Vanguard Institutional Target Retirement 2055 Fund Institutional Shares (VIVLX) manages $20.22B 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 VIVLX actively managed or an index fund?

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

When was VIVLX launched?

Vanguard Institutional Target Retirement 2055 Fund Institutional Shares (VIVLX) launched in January 2019 and is managed by Vanguard.

How has VIVLX performed?

VIVLX'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.