Objective
Vanguard Target Retirement 2030 Fund seeks to provide capital appreciation and current income consistent with its current asset allocation.
Investment approach
- Simple fund of funds structure seeks to build appropriate asset allocation from preselected stock and bond portfolios.
- The allocation between funds and asset classes automatically becomes more conservative over time.
- The fund handles investment selection, asset allocation, and rebalancing through retirement.
- 100% of assets invested in index funds.
Performance snapshot
Quarter-end total returnsas of03/31/2025
Data is currently unavailable. Please try again later.
Note: Returns are unadjusted for transaction fees where applicable.
*Derived by applying the fund’s target asset allocation to the results of the following benchmarks: for international stocks of developed markets, the MSCI EAFE Index through December 15, 2010, the MSCI ACWI ex USA IMI Index through June 2, 2013, and the FTSE Global All Cap ex US Index thereafter; for emerging-market stocks, the Select Emerging Markets Index through August 23, 2006, the MSCI Emerging Markets Index through December 15, 2010, the MSCI ACWI ex USA IMI Index through June 2, 2013, and the FTSE Global All Cap ex US Index thereafter; for U.S. bonds, the Bloomberg U.S. Aggregate Bond Index through December 31, 2009, and the Bloomberg U.S. Aggregate Float Adjusted Index thereafter; for international bonds, the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index Hedged beginning June 3, 2013; and for U.S. stocks, the MSCI US Broad Market Index through June 2, 2013, and the CRSP US Total Market Index thereafter. International stock benchmark returns are adjusted for withholding taxes.
The performance data shown represent past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.
The Fund may be invested in a combination of Total International Bond Index Fund and Total International Bond II Index Fund to achieve its target allocation to non-U.S. bonds.
At a glance
Objective
Vanguard Target Retirement 2030 Fund seeks to provide capital appreciation and current income consistent with its current asset allocation.
Investment approach
- Simple fund of funds structure seeks to build appropriate asset allocation from preselected stock and bond portfolios.
- The allocation between funds and asset classes automatically becomes more conservative over time.
- The fund handles investment selection, asset allocation, and rebalancing through retirement.
- 100% of assets invested in index funds.
Process & Management
Process
Vanguard Target Retirement 2030 Fund uses an asset allocation strategy designed for investors planning to retire between 2028 and 2032. The fund 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 Vanguard funds: Total Stock Market Index Fund, Total Bond Market II Index Fund, Total International Stock Index Fund, Total International Bond II Index Fund, and Short-Term Inflation-Protected Securities Fund. The combination of funds produces a portfolio that is diversified by asset class and holdings.
Vanguard Target Retirement 2030 Fund is one of a series of Vanguard funds that use a targeted maturity approach as a simplified way to meet investors’ different objectives, time horizons, and changing risk tolerances. As your retirement date approaches, the fund’s allocation will grow more conservative and will begin to invest in the Vanguard Short-Term Inflation-Protected Securities Index Fund to provide a hedge against inflation while dampening the overall volatility of the portfolio. In this regard, the fund diversifies both stock and conventional bond exposure. Within seven years after 2030, the fund’s asset allocation should resemble that of the Target Retirement Income Fund.
Management
Firm Description
Launched in 1975, The Vanguard Group, Malvern, Pennsylvania, is among the world’s largest equity and fixed income managers. As chief investment officer, Gregory Davis, CFA, oversees Vanguard’s Equity Index, Investment Strategy, Quantitative Equity, and Fixed Income Groups. Rodney Comegys, Principal and global head of Vanguard's Equity Index Group, is responsible for all equity index funds. The Equity Index Group manages indexed equity portfolios covering U.S. and international markets. It has developed sophisticated portfolio construction methodologies and efficient trading strategies that seek to deliver returns that are highly correlated with target portfolio benchmarks. The group has advised Vanguard Target Retirement 2030 Fund since 2006.
Investment Manager Biographies
Michael R. Roach, CFA
- Portfolio manager.
- Advised the fund since 2023.
- Worked in investment management since 2000.
- B.S., Bloomsburg University of Pennsylvania.
- M.S., Drexel University.
Walter Nejman
- Portfolio manager.
- Advised the fund since 2013.
- Worked in investment management since 2008.
- B.A., Arcadia University.
- M.B.A., Villanova University.
Aurelie Denis, CFA
- Portfolio manager.
- Advised the fund since 2023.
- Worked in investment management since 2017.
- B.S., Pennsylvania State University.
Roger Aliaga-Diaz, Ph.D., Principal
- Portfolio manager, Investment Strategy Group.
- Advised the fund since 2023.
- Worked in investment management since 2010.
- B.A., Universidad Nacional de Córdoba.
- Ph.D., North Carolina State University.
Glidepath
Source: Vanguard
* Target date is the year stated in the fund name and assumes retirement at age 65.
Quarterly & Annual returns
Cumulative returns
| 1 month | 3 month | 1 year | 3 year | 5 year | 10 year | Since inception[2] | |
|---|---|---|---|---|---|---|---|
| VTHRX(NAV) | — | — | — | — | — | — | — |
| Benchmark | — | — | — | — | — | — | — |
Quarterly commentary
- Global financial markets performed unevenly for the three months ended March 31, 2025. Amid concerns about the outlook for U.S. economic growth and inflation, the Federal Reserve held its target for short-term interest rates steady, in a range of 4.25%–4.50%.
Risk and volatility
Relative risk measures |
| 3 year | 5 year | 10 year | ||
|---|---|---|---|---|
| Alpha[3] | ||||
| Primary benchmark*[1] | — | — | — | |
| Broad-based benchmark[2][2] | — | — | — | |
| Beta[4] | ||||
| Primary benchmark*[1] | — | — | — | |
| Broad-based benchmark[2] | — | — | — | |
| R-squared[5] | ||||
| Primary benchmark*[1] | — | — | — | |
| Broad-based benchmark[1] | — | — | — | |
| Information ratio[6] | ||||
| Primary benchmark*[1] | — | — | — | |
| Broad-based benchmark[1] | — | — | — | |
Data unavailable this time. Please try again later.
Risk and return statistics |
| 3 year | 5 year | 10 year | ||
|---|---|---|---|---|
| Standard deviation | ||||
| VTHRX | — | — | — | |
| Primary benchmark* | — | — | — | |
| Broad-based benchmark | — | — | — | |
| Sharpe ratio | ||||
| VTHRX | — | — | — | |
| Primary benchmark* | — | — | — | |
| Broad-based benchmark | — | — | — | |
| Sortino ratio | ||||
| VTHRX | — | — | — | |
| Primary benchmark* | — | — | — | |
| Broad-based benchmark | — | — | — | |
Data unavailable this time. Please try again later.
Risk measures are calculated from trailing 3, 5, and 10 year fund returns relative to the associated benchmarks.
*Derived by applying the fund’s target asset allocation to the results of the following benchmarks: for international stocks of developed markets, the MSCI EAFE Index through December 15, 2010, the MSCI ACWI ex USA IMI Index through June 2, 2013, and the FTSE Global All Cap ex US Index thereafter; for emerging-market stocks, the Select Emerging Markets Index through August 23, 2006, the MSCI Emerging Markets Index through December 15, 2010, the MSCI ACWI ex USA IMI Index through June 2, 2013, and the FTSE Global All Cap ex US Index thereafter; for U.S. bonds, the Bloomberg U.S. Aggregate Bond Index through December 31, 2009, and the Bloomberg U.S. Aggregate Float Adjusted Index thereafter; for international bonds, the Bloomberg Global Aggregate ex-USD Float Adjusted RIC Capped Index Hedged beginning June 3, 2013; and for U.S. stocks, the MSCI US Broad Market Index through June 2, 2013, and the CRSP US Total Market Index thereafter. International stock benchmark returns are adjusted for withholding taxes.
Because the fund invests substantially all of its assets in underlying Vanguard funds, it is subject to underlying fund risk. This means that the fund is exposed to all of the risks associated with the investment strategies and policies of the underlying Vanguard funds, including the risk that the underlying funds will not meet their investment objectives. As the underlying funds invest in stocks and bonds the fund is subject to several stock and bond market risks, any of which could cause an investor to lose money. However, based on the fund’s current allocation between stocks and the less volatile asset class of bonds, the fund’s overall level of risk should be higher than those funds that invest the majority of their assets in bonds, but lower than those investing entirely in stocks. As the fund’s allocation among underlying funds gradually changes, the fund’s overall level of risk also will decline. The fund also is subject to asset allocation risk, which is the chance that the selection of underlying funds and the allocation of fund assets will cause the fund to underperform other funds with a similar investment objective. Investments in Target Retirement Funds are subject to the risks of their underlying funds. The year in the fund name refers to the approximate year 2030 when an investor in the fund would retire and leave the workforce. The fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. An investment in the Target Retirement 2030 Fund is not guaranteed at any time, including on or after the target date. For further details on all risks, please refer to the fund’s prospectus.
Closing priceas of—
Price analysis
Price history
Inception date: 06/07/2006
Get up to 24 months of prices for this fund. You can also export all prices of this fund since the inception date.
| Date | Market price | NAV | High | Low | ||||
|---|---|---|---|---|---|---|---|---|
Data unavailable this time. Please try again later. | ||||||||
The performance data shown represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited.
Performance data for periods of less than one year does not reflect the deduction of purchase and redemption fees. Maintenance, low balance, and service fees may be assessed by some funds. None of these fees are reflected in the performance figures. If these fees were included, the performance would be lower. All other performance data are adjusted for purchase and redemption fees, where applicable. See Fees & Costs below for expense ratio and additional fee details.
The performance of an index is not an exact representation of any particular investment, as you cannot invest directly in an index. Benchmark comparative indexes represent unmanaged or average returns on various financial assets, which can be compared with funds' total returns for the purpose of measuring relative performance.
Source: FactSet financial data and analytics.
Investments in Target Retirement Funds are subject to the risks of their underlying funds. The year in the Fund name refers to the approximate year (the target date) when an investor in the Fund would retire and leave the work force. The Fund will gradually shift its emphasis from more aggressive investments to more conservative ones based on its target date. An investment in the Target Retirement Fund is not guaranteed at any time, including on or after the target date.
Shareholder feesFees paid directly from your investment | |
| Sales charge (load) imposed on purchases | None |
| Purchase fee | — |
| Redemption fee | — |
Annual fund operating expensesExpenses that you pay each year as a percentage of the value of your investment. | |
| Acquired fund fees and expenses | % |
| 12b-1 distribution fee | None |
Characteristics
Data is currently unavailable. Please try again later.
Style box
Allocation to underlying funds (actual)As of
Realized/Unrealized gains as of—
Distributions
View up to 10 years of distributions for this fund.
Distribution schedule:Annually | Fiscal year-end date:09/30/2025
Data unavailable this time. Please try again later. |
Data is unavailable at this time. Please try again later.
The performance data shown represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so that investors' shares, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. See performance data current to the most recent month end.