Vanguard Target Retirement is a suitable target-date series for any investor. It features an engaged management team and an unpretentious approach to portfolio construction. Near-retirees may find the series’ higher equity allocations tough to stomach during market stress, but long-term investors should fare well. It continues to earn a Morningstar Analyst Rating of Silver.
Will VTWNX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VTWNX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VTWNX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VTWNX’s parent organization’s priorities and whether they’re in line with investors’ interests.