Page 336 - DCAC February 2024 Files

Vanguard Target Ret 2040 12/31/23

PEER GROUP ANALYSIS - IM Mixed-Asset Target 2040 (MF) RISK VS. RETURN (5 YEARS*)
25.0 12.0

20.0
10.0
15.0
Return 10.0 Return (%)

8.0
5.0

0.0
6.0
10.0 12.0 14.0 16.0 18.0 20.0
-5.0
Risk (Standard Deviation %)
Last Year 1 3 5 7 10
Quarter To Date Year Years Years Years Years Standard
Return
¢ £ Vanguard Target Ret 2040 10.23 (73) 18.34 (45) 18.34 (45) 4.02 (57) 9.99 (46) 8.77 (33) 7.52 (27) Deviation
˜  Vanguard Target 2040 Composite Index 10.20 (75) 18.60 (40) 18.60 (40) 4.38 (30) 10.43 (25) 9.12 (17) 7.87 (10) ¢ £ Vanguard Target Ret 2040 9.99 15.34
˜  Vanguard Target 2040 Composite Index 10.43 15.20
Median 10.54 18.11 18.11 4.11 9.94 8.49 7.14 ¾ Median 9.94 15.94
CALENDAR YEAR RETURNS AND PERCENTILE RANKINGS
2022 2021 2020 2019 2018 2017 2016
Vanguard Target Ret 2040 -16.98 (33) 14.56 (80) 15.47 (39) 23.86 (44) -7.32 (32) 20.71 (28) 8.73 (26)
Vanguard Target 2040 Composite Index -16.51 (22) 14.84 (72) 16.31 (30) 24.19 (36) -7.22 (29) 20.86 (23) 8.98 (20)
IM Mixed-Asset Target 2040 (MF) Median -17.85 15.68 14.73 23.63 -7.96 19.71 7.96

ASSET ALLOCATION UP/DOWN CAPTURE (01/01/19 - 12/31/23)
150.0
Equities 75.6% 125.0
Up Capture 100.0
Fixed Income 21.9%
Other
2.4% 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% 25.0% 50.0% 75.0% 100.0%
Vanguard Target Ret 2040
*If less than 5 years, data is since inception of fund share class.

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