Page 200 - NovDefComp

Returns Analysis

Performance as of 9/30/2020

Ticker/ Annualized Returns Since Share Class Strategy Expense Ratio
Asset Allocation Q T R YTD
I D 1 Year 3 Year 5 Year 10 Year Incept. Inception Inception Gross Net
Asset Allocation
Conservative
Vanguard Target Retirement Income Inv (Default) VTINX 3.12 4.63 7.35 5.79 6.03 5.60 5.41 10/27/2003 10/27/2003 0.12 0.12
StyleBenchmark 2.90 5.19 8.21 6.10 6.25 5.55 - - - - -
Moderate Conservative
Vanguard Target Retirement 2015 Inv (Default) VTXVX 3.53 4.35 7.68 6.09 7.04 7.04 6.24 10/27/2003 10/27/2003 0.13 0.13
StyleBenchmark 3.93 3.79 8.18 6.03 6.95 6.12 - - - - -
Moderate
Vanguard Target Retirement 2025 Inv (Default) VTTVX 5.17 3.63 9.04 6.89 8.60 8.38 6.88 10/27/2003 10/27/2003 0.13 0.13
StyleBenchmark 5.53 3.53 9.68 7.10 8.72 7.86 - - - - -
Moderate Aggressive
Vanguard Target Retirement 2035 Inv (Default) VTTHX 6.29 2.84 9.71 7.16 9.53 9.29 7.46 10/27/2003 10/27/2003 0.14 0.14
StyleBenchmark 6.66 2.65 10.12 7.43 9.72 8.81 - - - - -
Aggressive
Vanguard Target Retirement 2045 Inv (Default) VTIVX 7.36 2.11 10.27 7.32 10.13 9.66 7.86 10/27/2003 10/27/2003 0.15 0.15
StyleBenchmark 7.42 2.49 10.77 7.95 10.56 9.67 - - - - -
Vanguard Target Retirement 2055 Inv (Default) VFFVX 7.38 2.06 10.25 7.31 10.12 9.68 10.08 8/18/2010 8/18/2010 0.15 0.15
StyleBenchmark 7.41 2.52 10.78 7.96 10.56 9.67 - - - - -

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