Vanguard Institutional Target Retirement Income Fund
Data updated: 2022-03-01
C000155398 — Vanguard Institutional Target Retirement Income Fund. Target Date / Glide Path Allocation. Holdings, fees, performance and SEC filings.
C000155398 Fund Overview
Vanguard Institutional Target Retirement Income Fund is a US mutual fund managed by Vanguard Chester Funds, categorised as Target Date / Glide Path Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Vanguard Chester Funds
- Category: Target Date / Glide Path Allocation
- Assets under management: $9.68B
- 1-year return: 5.3%
- SEC CIK: 0000752177
- SEC series ID: S000049261
- Share class ID: C000155398
C000155398 Investment Objective and Strategy
Vanguard Institutional Target Retirement Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Vanguard Chester Funds.
Investment objective
The Fund seeks to provide current income and some capital appreciation.
Principal investment strategy
The Fund invests in other Vanguard mutual funds according to an asset allocation strategy designed for investors currently in retirement. As of September 30, 2017, the Funds asset allocation among the underlying funds was as follows: Vanguard Total Bond Market II Index Fund 37.7% Vanguard Total Stock Market Index Fund 18.1% Vanguard Short-Term Inflation-Protected Securities Index Fund 16.7% Vanguard Total International Bond Index Fund 15.5% Vanguard Total International Stock Index Fund 12.0% At any given time, the Funds asset allocation may be affected by a variety of factors, such as whether the underlying funds are accepting additional investments. The Funds indirect bond holdings are a diversified mix of short-, intermediate-, and long-term U.S. government, U.S. agency, and investment-grade U.S.
corporate bonds; inflation-protected public obligations issued by the U.S. Treasury; mortgage-backed and asset-backed securities; and government, agency, corporate, and securitized investment-grade foreign bonds issued in currencies other than the U.S. dollar (but hedged by Vanguard to minimize foreign currency exposure). The Funds indirect stock holdings are a diversified mix of U.S. and foreign large-, mid-, and small-capitalization stocks.
C000155398 Performance
Total returns for C000155398 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 5.3% |
| 3 years (annualised) | 7.9% |
C000155398 Risk Information
Risk metrics for C000155398, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.3%
C000155398 Costs and Fees
C000155398 costs about $9 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.09%
- Gross expense ratio: 0.09%
- Portfolio turnover: 20%
- Brokerage commissions: 0.02 bps of average net assets (SEC N-CEN)
C000155398 Cashflows
Over the 12 months to 2021-12, Vanguard Institutional Target Retirement Income Fund had net inflows of $2.06B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-12 | −$159.70M |
| 2021-11 | $62.36M |
| 2021-10 | $29.54M |
| 2021-09 | $52.19M |
| 2021-08 | $261.52M |
| 2021-07 | $137.73M |
C000155398 Debt Constituents
No individual debt constituents are reported in Vanguard Institutional Target Retirement Income Fund's latest SEC N-PORT filing.
C000155398 Prospectus and SEC Filings
Official Vanguard Institutional Target Retirement Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-01-31
- Prospectus (485BPOS) — filed 2021-01-28
- Prospectus (485BPOS) — filed 2020-02-21
- Portfolio holdings (N-PORT) — filed 2022-03-01
- Portfolio holdings (N-PORT) — filed 2021-11-29
- Portfolio holdings (N-PORT) — filed 2021-08-30
- Annual census (N-CEN) — filed 2021-12-14
- Annual census (N-CEN) — filed 2020-12-11
Related Funds
Other Target Date / Glide Path Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.