Portfolio Objectives
Fund 40 is a more conservative target portfolio which seeks moderate income and capital appreciation by investing approximately 40% of its net assets in a broad range of domestic equity, international equity, and real estate investment funds with the remaining 60% invested in fixed income investment funds.
Target Fund 40
Asset Allocation
| Fund | Percent |
| Fixed Income | |
| Vanguard Total Bond Market Index Fund | 37% |
| Vanguard Short‐Term Inflation‐Protected Securities Index Fund | 9% |
| Vanguard Short‐Term Bond Index Fund | 14% |
| Real Estate | |
| Vanguard REIT Index Fund | 3% |
| Fund | Percent |
| Domestic (U.S.) Equity | |
| Vanguard Total Stock Market Index Fund | 25% |
| International Equity | |
| Vanguard Total International Stock Index Fund | 12% |
Portfolio Performance
As of April 30, 2017
| Portfolio | YTD | 3 Mo | 1yr | 3yr | 5yr | LTD | Exp. Ratio | Inception Date |
| Target Fund 40 | 3.74% | 2.60% | 6.69% | 4.12% | 5.26% | 6.19% | 0.30% | 8/2/10 |
Fund Performance3
As of March 31, 2017
| Domestic Equity Fund | Expense Ratio | Ticker | QTR | YTD | 1yr | 3yr | 5yr | 10yr or Life of Fund | Inception Date | |
| Vanguard Total Stock Market Index Fund Fact Sheet, Prospectus, Annual Report | 0.02% | VITSX | 5.79% | 5.79% | 18.08% | 9.71% | 13.14% | 7.70% | 8/2/10 | |
| Fixed Income Funds | Expense Ratio | Ticker | QTR | YTD | 1yr | 3yr | 5yr | 10yr or Life of Fund | Inception Date | |
| Vanguard Total Bond Market Index Fund Fact Sheet, Prospectus, Annual Report | 0.05% | VBTIX | 0.91% | 0.91% | 0.44% | 2.61% | 2.28% | 4.26% | 8/2/10 | |
| Vanguard Short-Term Inflation-Protected Securities Index Fund Fact Sheet, Prospectus, Annual Report | 0.05% | VTSPX | 0.69% | 0.69% | 1.62% | 0.64% | n/a | 0.25% | 9/26/13 | |
| Vanguard Short-Term Bond Index Fund Fact Sheet, Prospectus, Annual Report | 0.06% | VBITX | 0.49% | 0.49% | 0.40% | 1.28% | 1.21% | 1.27% | 9/26/13 | |
| International Equity Fund | Expense Ratio | Ticker | QTR | YTD | 1yr | 3yr | 5yr | 10yr or Life of Fund | Inception Date | |
| Vanguard Total International Stock Index Fund Fact Sheet, Prospectus, Annual Report | 0.10% | VTSNX | 8.46% | 8.46% | 13.73% | 1.11% | 4.85% | 4.23% | 8/2/10 | |
| Real Estate Fund | Expense Ratio | Ticker | QTR | YTD | 1yr | 3yr | 5yr | 10yr or Life of Fund | Inception Date | |
| Vanguard REIT Index Fund Fact Sheet, Prospectus, Annual Report | 0.10% | VGSNX | 0.96% | 0.96% | 3.09% | 9.96% | 9.75% | 5.00% | 8/2/10 | |