Fund Research and Analysis

by Kathryn Spica, CFA
Vanguard Target Retirement's unassuming construction has appeal. The glide path starts with an industry-average 90%/10% stock/bond split, keeping a slightly higher allocation to stocks as it gradually rolls down that exposure. At retirement age, the   Read more 

Process Pillar:Positive

Vanguard Target Retirement Funds serve as one-stop solutions for investors planning for retirement. The funds invest in Vanguard index funds that provide a diversified mix of stocks and bonds. Within   Read more 

Performance Pillar:Positive

This series continues to build a solid record. During the first half of 2014, all of the dated-funds in the series outperformed their respective peer norm. (Vanguard Target Retirement Income ranked just   Read more 

People Pillar:Positive

In early 2013, Vanguard made changes to the management team running these funds. The day-to-day portfolio trading and oversight is now under the purview of Michael Buek, William Coleman, and Walter Nejman. Buek is a veteran Vanguard manager, having   Read more 

Price Pillar:Positive

Although no longer the cheapest on an asset-weighted basis, Vanguard's Target Retirement Funds are still one of the lowest-cost options that retail investors can buy. With expense ratios ranging from   Read more 

Why Vanguard Was Hard to Beat in 2014 
Watch more 

Premium Membership

View all of our analyst reports with a free trial to Morningstar.com Premium.