Portfolio Objectives

The Fixed Income Fund is the most conservative of the target portfolios and seeks to preserve principal with less volatility than an all-bond portfolio while providing modest current income by investing approximately 50% of its net assets in money market investment funds and 50% in fixed income investment funds.

Target Fixed Income Fund

Asset Allocation

Fund Percent
Money Market
Vanguard Prime Money Market Fund 50%
Fixed Income
Vanguard Total Bond Market Index Fund 15%
Vanguard Short‐Term Inflation‐Protected Securities Index Fund 15%
Vanguard Short‐Term Bond Index Fund 20%

Portfolio Performance

As of October 31, 2019

PortfolioYTD3 Mo1yr3yr5yrLTDExp. RatioInception Date
Target Fixed Income Fund3.67%0.89%4.44%1.80%1.34%1.33%0.32%8/2/10

Fund Performance3

As of 6/30/2019

Fixed Income FundsExpense RatioTickerQTRYTD1yr3yr5yr10yr or Life of FundInception Date
Vanguard Total Bond Market Index Fund
Fact Sheet, Prospectus, Annual Report
0.04%VBTIX3.08%6.12%7.87%2.23%2.90%3.84%9/18/95
Vanguard Short-Term Inflation-Protected Securities Index Fund
Fact Sheet, Prospectus, Annual Report
0.04%VTSPX1.58%3.32%3.16%1.59%0.88%0.77%10/17/12
Vanguard Short-Term Bond Index Fund
Fact Sheet, Prospectus, Annual Report
0.05%VBITX1.83%3.50%5.25%1.67%1.76%1.62%9/27/11
Money Market FundExpense RatioTickerQTRYTD1yr3yr5yr10yr or Life of FundInception Date
Vanguard Prime Money Market Fund*
Fact Sheet, Prospectus, Annual Report
0.10%VMRXX0.62%1.24%2.39%1.55%1.00%0.57%10/3/89