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Vanguard Target Retire Trust Plus 2065
Please click on the Investment Option Disclosure link above for more information.
Release date as of 2021-10-31. Data on page is subject to change.
Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2021-10-31
Out of 16
Target-Date 2065+ Funds
Morningstar®
Style Box™
What is this?
As of 2021-10-31
As of 2021-09-30
Total Fund Assets ($ Mil)
566.08
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
Target Retirement 2065 Trust uses an asset allocation strategy designed for investors planning to retire between 2063 and 2067. The trust seeks to provide growth of capital and current income consistent with its current target allocation by investing in a gradually more conservative mix of the following funds: Total Stock Market Index Fund, Total Bond Market II Index Fund, Total International Bond Index Fund, and Total International Stock Index Fund.
  Morningstar Category: Target-Date 2065+
Target-date portfolios provide a diversified exposure to stocks, bonds, and cash for those investors who have a specific date in mind (in this case, the years 2061-2065 and beyond) for retirement. These portfolios aim to provide investors with an optimal level of return and risk, based solely on the target date. Management adjusts the allocation among asset classes to more-conservative mixes as the target date approaches, following a preset glide path. A target-date portfolio is part of a series of funds offering multiple retirement dates to investors. 
  Target Asset Allocation
Glide Path
Allocation
Bonds
US Stocks
Non-US Stocks
Cash
Other
Years Until Retirement
  Performance
Growth of $10,000
(from 2017-07-24 to 2021-10-31)
Investment: Vanguard Target Retire Trust Plus 2065
Benchmark 1: Morningstar Mod Tgt Risk TR USD
Benchmark 2: Morningstar Lifetime Mod 2060 TR USD
Category: Target-Date 2065+
This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden.
Total Annualized Returns %
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Investment 15.32 34.10 16.86 --- --- 13.86
Morningstar Mod Tgt Risk TR USD 9.16 21.98 12.76 --- --- 9.50
Morningstar Lifetime Mod 2060 TR USD 15.10 35.80 15.50 --- --- 11.71
Category 16.49 36.42 16.67 --- --- 12.69
Morningstar Rating --- --- --- --- ---
# of compared Target-Date 2065+ funds covered (3 yrs : out of 16 funds)
Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods.
Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.
Fees and Expenses
Total Annual Operating Expense 0.06%
Net Expense Ratio 0.06%
Maximum Sales Charge ---
Waiver Data
Type Date %
--- --- --- ---
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 53.3
Bullet Non-U.S. Stocks Non-U.S. Stocks 35.4
Bullet Bonds Bonds 9.1
Bullet Cash Cash 2.1
Bullet Other Other 0.1
Asset Allocation Rescaled Graph
Data through 2021-10-31
Morningstar Equity Sectors
% of Stocks
Cyclical 35.65
Basic Materials 4.65
Consumer Cyclical 11.77
Financial Services 15.58
Real Estate 3.65
Sensitive 43.29
Communication Services 8.89
Energy 3.59
Industrials 10.77
Technology 20.04
Defensive 21.07
Consumer Defensive 6.51
Healthcare 11.96
Utilities 2.60
Data through 2021-10-31
Morningstar Fixed-Income Sectors
% Fund
Government 46.42
Corporate 20.30
Securitized 14.47
Municipal 0.43
Cash & Equivalents 18.38
Other 0.00
Data through 2021-10-31
Credit Analysis
% Bonds
AAA 55.85
AA 9.66
A 17.09
BBB 16.67
BB 0.00
B 0.00
Below B 0.40
Not Rated 0.33
Data through 2021-09-30
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 0
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 98.04
Turnover % (as of ---) ---
30 Day SEC Yield % ---
Top Holdings
Sector Country Maturity Date Market Value ($000) % of Net Assets
Vanguard Total Stock Mkt Idx Instl Pls --- USA --- 1,577,042 53.49
Vanguard Instl Ttl Intl Stk Mkt Idx TrII --- USA --- 1,042,400 35.36
Vanguard Total Bond Market II Idx I --- USA --- 194,241 6.59
Vanguard Total Intl Bd II Idx Insl --- USA --- 76,721 2.60
Data through 2021-10-31
  Principal Risks   
Credit and Counterparty, Inflation-Protected Securities, Prepayment (Call), Country or Region, Income, Index Correlation/Tracking Error, Interest Rate, Market/Market Volatility, Underlying Fund/Fund of Funds, Passive Management, Portfolio Diversification, Target Date
Show Risk Definitions
  Other Information
Inception Date: 2017-07-24
Portfolio Manager(s)
William A. Coleman   (2017-07-17)
William A. Coleman, CFA, Portfolio Manager at Vanguard. He has worked in investment management since joining Vanguard in 2006 and has co-managed the Conservative Allocation and Moderate Allocation Portfolios since 2013. Education: B.S., King’s College; M.S., Saint Joseph’s University.
Walter Nejman   (2017-07-17)
Walter Nejman, Portfolio Manager at Vanguard. He has been with Vanguard since 2005; has worked in investment management since 2008; and has co-managed the Communication Services Index, Health Care Index, Industrials Index, and Information Technology Index Funds since 2015. Education: B.A., Arcadia University; M.B.A., Villanova University.
Investment Advisor(s)
Vanguard Equity Investment Group
Issuer
Vanguard Group Inc
Show Data Definitions

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