Vanguard Target Retirement 2040 Fund (VFORX) NASDAQ

48.84

+0.09(+0.18%)

Updated at September 08 08:09AM

Currency In USD

Vanguard Target Retirement 2040 Fund

Address

PO Box 2600

Valley Forge, PA 19482

United States of America

Phone

6106691000

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

June 07, 2006

Key Executives

N/A

Description

The investment seeks to provide capital appreciation and current income consistent with its current asset allocation. The fund invests in a mix of Vanguard mutual funds according to an asset allocation strategy designed for investors planning to retire and leave the workforce in or within a few years of 2040 (the target year). The fund's asset allocation will become more conservative over time, meaning that the percentage of assets allocated to stocks will decrease while the percentage of assets allocated to bonds and other fixed income investments will increase.