Vanguard Target Retirement Income Fund (VTINX)
Vanguard Target Retirement Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $14.39, up 0.14% on the session, giving a market capitalisation of $36.49B. Its beta of 0.63 implies it has historically moved less than the broad market.
Tailored for individuals who have already entered retirement, this fund aims to provide a consistent stream of income while also seeking some appreciation in capital. It accomplishes these objectives by investing in a diverse array of Vanguard index funds. The fund's strategic mix of stocks and bonds is structured to align with the asset allocation typically found in other Target Retirement Funds roughly seven years after their designated retirement dates. Investors should be comfortable with moderate fluctuations in share price and be prepared for the inherent market risks stemming from the volatility of both stock and bond markets.
Vanguard Target Retirement Income Fund is most often compared with the following Financial Services names: