Vanguard Target Retirement 2060 Fund (VTTSX)
Vanguard Target Retirement 2060 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $69.45, up 0.42% on the session, giving a market capitalisation of $48.14B. Its beta of 1.19 implies it has historically moved more than the broad market.
The Vanguard Target Retirement 2060 Fund offers an all-in-one, expertly managed investment solution that dynamically alters its asset allocation over time. As its projected retirement year draws nearer, the fund gradually transitions from a growth-oriented portfolio with higher stock exposure to a more conservative stance by increasing its bond holdings. This strategic adjustment persists for around seven years past the target retirement date, at which point its investment composition will align with that of the Target Retirement Income Fund. Investors considering this fund should be comfortable with the market fluctuations inherent in both equity and fixed-income investments. This option is particularly suitable for individuals planning to retire between 2058 and 2062.
Vanguard Target Retirement 2060 Fund is most often compared with the following Financial Services names: