# Vanguard Target Retirement 2025 Fund (VTTVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/vttvx 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: Thematic · Inception: 2003-10-27 This Vanguard Target Retirement Fund provides a comprehensive, all-in-one investment solution featuring a dynamically adjusted asset allocation. It offers broad market diversification, progressively rebalancing its portfolio to decrease equity exposure and increase fixed-income holdings as its designated retirement year draws closer. This strategic adjustment extends for roughly seven years beyond the target date, eventually aligning its asset distribution with that of the Target Retirement Income Fund. Prospective investors should be comfortable with the inherent market fluctuations associ... ## Key Facts | Metric | Value | |---|---| | Price | $21.14 | | Expense Ratio | 0.08% | | Assets Under Management | $71.50B | | NAV | $21.14 | | Holdings Count | 0 | | Distribution Yield (TTM) | 6.97% | | Annual Distribution (TTM) | $1.47 /share | | Distribution Frequency | Annual | | 52-Week Range | $19.50 – $21.52 | | Beta | 0.84 | ## Latest Distribution - Amount: $1.4732 /share - Ex-date: 2025-12-23 - Pay date: 2025-12-24 ## Frequently Asked Questions ### What does VTTVX invest in? This Vanguard Target Retirement Fund provides a comprehensive, all-in-one investment solution featuring a dynamically adjusted asset allocation. It offers broad market diversification, progressively rebalancing its portfolio to decrease equity exposure and increase fixed-income holdings as its designated retirement year draws closer. This strategic adjustment extends for roughly seven years beyond the target date, eventually aligning its asset distribution with that of the Target Retirement Income Fund. Prospective investors should be comfortable with the inherent market fluctuations associated with both stock and bond securities. This particular fund is an ideal consideration for individuals aiming to retire approximately between 2023 and 2027. ### What is the expense ratio of VTTVX? Vanguard Target Retirement 2025 Fund (VTTVX) charges an expense ratio of 0.08%. This is the annual fee deducted from fund assets to cover management and operations. ### What is VTTVX's dividend yield? VTTVX's trailing-twelve-month yield is 6.97%, calculated from the sum of dividends over the past year divided by the current price. ### How big is VTTVX? Vanguard Target Retirement 2025 Fund (VTTVX) manages $71.50B 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 VTTVX actively managed or an index fund? VTTVX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was VTTVX launched? Vanguard Target Retirement 2025 Fund (VTTVX) launched in October 2003 and is managed by Vanguard. ### Does VTTVX pay a dividend? Yes, Vanguard Target Retirement 2025 Fund (VTTVX) distributes dividends to shareholders. The trailing-twelve-month yield is 6.97%. Full dividend history is on this page. ### How often does VTTVX pay dividends? Vanguard Target Retirement 2025 Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is VTTVX's next ex-dividend date? The most recently announced ex-dividend date for VTTVX 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 VTTVX'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 VTTVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from VTTVX'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 VTTVX cost more than a fund like VOO? VTTVX's strategy (current expense ratio 0.08%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where VTTVX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to VTTVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as VTTVX (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/vttvx - Distribution history: https://www.dividenddata.com/funds/vttvx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/vttvx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/vttvx/expenses - Peer comparison: https://www.dividenddata.com/funds/vttvx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.