What does Vanguard Target Retirement 2020 Fund do?

Vanguard Target Retirement 2020 Fund (VTWNX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is VTWNX's market cap?

Vanguard Target Retirement 2020 Fund (VTWNX) has a market capitalization of approximately $34.23 billion, as of July 24, 2026, based on the most recent share price and shares outstanding.

Does VTWNX pay a dividend?

Yes — Vanguard Target Retirement 2020 Fund (VTWNX) pays a dividend annually, with a trailing-twelve-month yield of 7.92%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

VTWNX

Vanguard Target Retirement 2020 Fund

NASDAQ·Asset Management · Financial Services

$28.42$0.15−0.53%

Market cap$34.23B·Jul 24 12:10 PM UTC

Price Chart

$28.42−$0.15 (−0.53%)today

−22.16%CAGR −4.89%

Select date range

FromTo

Jun 7, 2006Jul 24, 2021 → Jul 24, 2026· 5.0 yrsJul 24, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)7.92%

Annual Dividend (FWD)$2.25

Dividend Growth (5Y)+0.9%

Dividend Safety—

Payout Ratio172.3%

FCF Payout Ratio—

Most Recent Dividend$2.25

Ex-Dividend DateDec 23

Payment DateDec 24

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

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About Vanguard Target Retirement 2020 Fund

Vanguard Target Retirement Funds furnish investors with a single, comprehensively diversified fund whose underlying asset allocation progressively evolves. These funds ensure broad diversification by systematically decreasing their equity holdings and augmenting their fixed-income investments as the target retirement year draws nearer. This dynamic adjustment process persists for roughly seven years beyond the target date, at which point their asset composition harmonizes with that of the Target Retirement Income Fund. Potential investors should be comfortable with the inherent market…

Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: investor.vanguard.com/investment-products/mutual-funds/profile/vtwnx

Peers

Peers Tab

VTTSX

Vanguard Target Retirement 2060 Fund

Cap

$46.7B

VTINX

Vanguard Target Retirement Income Fund

Cap

$36.0B

VGHCX

Vanguard Health Care Fund Investor Shares

Cap

$39.3B

Latest News

News Tab

No recent news available.

Frequently Asked Questions About VTWNX

What does Vanguard Target Retirement 2020 Fund do?: Vanguard Target Retirement 2020 Fund (VTWNX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is VTWNX's market cap?: Vanguard Target Retirement 2020 Fund (VTWNX) has a market capitalization of approximately $34.23 billion, as of July 24, 2026, based on the most recent share price and shares outstanding.
Does VTWNX pay a dividend?: Yes — Vanguard Target Retirement 2020 Fund (VTWNX) pays a dividend annually, with a trailing-twelve-month yield of 7.92%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.