Page 333 - DCAC February 2024 Files

Vanguard Target Ret 2020 12/31/23

PEER GROUP ANALYSIS - IM Mixed-Asset Target 2020 (MF) RISK VS. RETURN (5 YEARS*)
20.0 8.0

16.0
6.0
12.0
Return 8.0 Return (%) 4.0

4.0 2.0

0.0
0.0
8.4 9.1 9.8 10.5 11.2 11.9 12.6 13.3
-4.0
Risk (Standard Deviation %)
Last Year 1 3 5 7 10
Quarter To Date Year Years Years Years Years Standard
Return
¢ £ Vanguard Target Ret 2020 8.00 (66) 12.51 (27) 12.51 (27) 1.47 (44) 6.61 (37) 6.01 (23) 5.52 (12) Deviation
˜  Vanguard Target 2020 Composite Index 7.97 (68) 12.65 (25) 12.65 (25) 1.74 (25) 6.98 (10) 6.30 (5) 5.81 (2) ¢ £ Vanguard Target Ret 2020 6.61 10.27
˜  Vanguard Target 2020 Composite Index 6.98 10.13
Median 8.18 11.64 11.64 1.33 6.47 5.61 5.01 ¾ Median 6.47 10.52
CALENDAR YEAR RETURNS AND PERCENTILE RANKINGS
2022 2021 2020 2019 2018 2017 2016
Vanguard Target Ret 2020 -14.15 (43) 8.17 (67) 12.04 (36) 17.63 (24) -4.24 (44) 14.08 (14) 6.95 (31)
Vanguard Target 2020 Composite Index -13.77 (34) 8.43 (60) 12.85 (21) 17.87 (20) -4.13 (40) 14.22 (11) 7.17 (25)
IM Mixed-Asset Target 2020 (MF) Median -14.36 8.71 10.89 16.00 -4.52 12.67 6.37

ASSET ALLOCATION UP/DOWN CAPTURE (01/01/19 - 12/31/23)
150.0
Fixed Income 58.7% 125.0
Up Capture 100.0
Equities 39.3%
Other
1.9% 75.0
Cash 0.1% 50.0
50.0 65.0 80.0 95.0 110.0 125.0 140.0 150.0
Convertibles 0.0%
Down Capture
0.0% 20.0% 40.0% 60.0% 80.0%
Vanguard Target Ret 2020
*If less than 5 years, data is since inception of fund share class.

36