Vanguard Target Retirement 2020 Fund (VTWNX)
Vanguard Target Retirement 2020 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Malvern, PA, US. The stock last traded at $28.94, up 0.21% on the session, giving a market capitalisation of $34.71B. Its beta of 0.70 implies it has historically moved less than the broad market.
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 volatility risks associated with both stocks and bonds. This specific fund is designed for individuals anticipating retirement between 2018 and 2022.
Vanguard Target Retirement 2020 Fund is most often compared with the following Financial Services names: