Portfolio Objectives

Fund 20 is an income-oriented target portfolio which seeks income and some capital appreciation by investing approximately 20% of its net assets in a broad range of domestic equity and international equity funds, 10% of its net assets in money market mutual funds, and 70% of its net assets in fixed income funds.

Target Fund 20

Asset Allocation

Fund Percent
Money Market
Vanguard Prime Money Market Fund 9%
Fixed Income
Vanguard Total Bond Market Index Fund 35%
Vanguard Short‐Term Inflation‐Protected Securities Index Fund 11%
Vanguard Short‐Term Bond Index Fund 25%
Real Estate
Vanguard Real Estate Index Fund 3%
Fund Percent
Domestic (U.S.) Equity
Vanguard Total Stock Market Index Fund 13%
International Equity
Vanguard Total International Stock Index Fund 4%

Portfolio Performance

As of August 31, 2019

PortfolioYTD3 Mo1yr3yr5yrLTDExp. RatioInception Date
Target Fund 208.22%3.13%6.15%3.79%3.25%4.17%0.30%8/2/10

Fund Performance3

As of 6/30/2019

Domestic Equity FundExpense RatioTickerQTRYTD1yr3yr5yr10yr or Life of FundInception Date
Vanguard Total Stock Market Index Fund
Fact Sheet, Prospectus, Annual Report
0.02%VSMPX4.09%18.71%9.01%14.05%n/a9.98%4/28/15
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
International Equity FundExpense RatioTickerQTRYTD1yr3yr5yr10yr or Life of FundInception Date
Vanguard Total International Stock Index Fund
Fact Sheet, Prospectus, Annual Report
0.08%VTSNX2.75%13.29%0.62%8.98%2.34%4.70%11/29/10
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
Real Estate FundExpense RatioTickerQTRYTD1yr3yr5yr10yr or Life of FundInception Date
Vanguard Real Estate Index Fund
Fact Sheet, Prospectus, Annual Report
0.10%VGSNX1.76%19.35%12.26%4.05%7.71%15.49%12/2/03