VFORX — Vanguard Target Retirement 2040 Fund
Vanguard Target Retirement 2040 Fund (VFORX)
VFORX pays a 2.48% distribution rate, annual, on a 0.08% expense ratio. Its Distribution Safety Score™ is 96 (Safe), giving a Safety-Adjusted Yield of 2.38%. Total return is 410.2% over the past 20.2 years, 384.6 points behind SPY at 794.8%. Its deepest 1-year drawdown was 7.7%.
Vanguard Target Retirement 2040 Fund is a mutual fund that invests in a diversified mix of Vanguard stock and bond funds with an asset allocation strategy designed for investors targeting retirement around 2040; the fund's allocation automatically shifts to become more conservative over time, gradually reducing equity exposure and increasing fixed-income holdings as the target date approaches. The fund has a modest current distribution rate, distributes annually, and carries a very low expense ratio of 0.08%. This fund appeals to retirement-focused investors seeking a single, professionally managed portfolio that aligns with a specific retirement timeline without requiring manual rebalancing.
VFORX key facts
- Distribution Safety Score™
- 96 · Safe
- Safety-Adjusted Yield
- 2.38%
- Issuer
- Vanguard
- Asset type
- Mutual Fund
- Asset class
- Equity
- Inception date
- 06/07/2006
- Expense ratio
- 0.08%
- Distribution rate
- 2.48%
- Distribution frequency
- Annual
- Trailing yield
- 2.48%
- Last close
- $55.82
- AUM
- $118,048,720,000
- Average volume
- 0.0
- Last dividend
- $1.3820
- Ex-dividend date
- 12/23/2025
- Payment date
- 12/24/2025
- Beta
- 1.07
- P/E ratio
- 22.8821
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