472-473 / 537
ABC Company Retirement Plan
Vanguard Target Retirement Income Inv - VTINX
Monitoring Rating: Pass
Objective
The investment seeks to provide current income and some
capital appreciation. The fund invests in other Vanguard
mutual funds according to an asset allocation strategy
designed for investors currently in retirement. Its indirect bond
holdings are a diversified mix of short-, intermediate-, and
long-term U.S. government, U.S. agency, and investment-grade
U.S. corporate bonds, inflation-protected public obligations
issued by the U.S. Treasury, mortgage-backed and asset-
backed securities, and government, agency, corporate, and
securitized investment-grade foreign bonds issued in
currencies other than the U.S. dollar.
Statistics
Inception Date
10/27/2003
Manager Tenure
4.41
Assets($1000s)
$11,328,227
Net Exp Ratio
0.13
12b-1 Fees
-
Average Mkt Cap($1000s)
$35,189,160
# of Holdings
6
% of Assets in Top 10
99.99
Risk Characteristics
VTINX Cat Avg
3 Yr Std Dev
3.61 4.06
5 Yr Std Dev
3.50 3.91
5 Yr Beta
1.02 1.14
5 Yr Alpha
1.54 1.33
5 Yr Sharpe
1.34 1.07
5 Yr Information Ratio
1.20 0.63
5 Yr Tracking Error
1.39 2.17
5 Yr Upside Capture
120.78 134.88
5 Yr Downside Capture
89.50 108.55
5 Yr Batting Avg
0.75 0.64
Excess Returns vs. Category/Index
vs DJ Target 2010 TR USD
vs Category Avg
4
2
0
-2
10-Yr
5-Yr
3-Yr
12-Month
3-Month
0.97
1.66
1.76
3.56
0.34
1.30
0.53
0.82
-0.47
-0.03
Calendar Year Performance
2012
2013
2014
2015
2016
VTINX
8.23
5.87
5.54
-0.17
5.25
Cat Avg
8.59
5.42
4.17
-1.40
5.09
Index
6.40
3.00
4.20
-0.72
3.33
Cat Rank
70
41
14
10
41
Equity- 12 Month Moving Windows: Jun 2007 - Jun 2017
Vanguard Target Reti-
rement Income Inv
Small - Large
2
1
0
-1
-2
Value - Growth
2
1
0
-1
-2
1
0
-1
-
Small Growth
Small Value
Mid Growth
Mid Value
Top Growth
Top Value
Sector Allocation vs. Category
5
0
-5
-10
Technology
Industrials
Energy
Telecom
Utilities
Healthcare
Defensive
Real Estate
Financials
Cyclical
Materials
0.16
0.54
0.37
-0.67
-0.02
0.43
0.73
-5.18
1.53
0.28
0.79
+/-Category Avg
Asset Allocation
Other (0.84%)
Non-US Bonds (18.16%)
US Bonds (48.69%)
Non-US Stocks (11.40%)
US Stocks (17.80%)
Cash (3.11%)