Vanguard Target Retirement 2045 Fund

Frequently Asked Questions About VTIVX

What does VTIVX invest in?

Vanguard Target Retirement Funds present a comprehensive, diversified investment solution within a single offering, with its asset allocation automatically evolving over time. These funds provide extensive market exposure, progressively shifting from a higher stock allocation to a greater bond allocation as the target retirement year draws near. The adjustment process continues for roughly seven years beyond the retirement date, ultimately achieving the allocation strategy of the Target Retirement Income Fund. Prospective investors should be prepared for the typical volatility associated with both equity and fixed-income markets. This specific fund is an ideal choice for individuals aiming to retire between 2043 and 2047.

What is the expense ratio of VTIVX?

Vanguard Target Retirement 2045 Fund (VTIVX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations.

What is VTIVX's dividend yield?

VTIVX's trailing-twelve-month yield is 2.28%, calculated from the sum of dividends over the past year divided by the current price.

How big is VTIVX?

Vanguard Target Retirement 2045 Fund (VTIVX) manages $121.10B 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 VTIVX actively managed or an index fund?

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

When was VTIVX launched?

Vanguard Target Retirement 2045 Fund (VTIVX) launched in October 2003 and is managed by Vanguard.