VTWNX — Vanguard Target Retirement 2020 Fund
Data updated: 2026-05-28
VTWNX — Vanguard Target Retirement 2020 Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Target Date / Glide Path Allocation · $33.80B AUM · 0.08% expense ratio · 10.4% 1-yr return. From SEC regulatory filings.
VTWNX Fund Overview
VTWNX — Vanguard Target Retirement 2020 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: $33.80B
- 1-year return: 10.4%
- Ticker: VTWNX
- SEC CIK: 0000752177
- SEC series ID: S000012759
- Share class ID: C000034438
VTWNX Holdings
Top 6 holdings of Vanguard Target Retirement 2020 Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Vanguard Total Bond Market II Index Fund | 35.40% |
| Vanguard Total Stock Market Index Fund | 20.09% |
| Vanguard Short-Term Inflation-Protected Securities Index Fund | 14.98% |
| Vanguard Total International Bond II Index Fund | 14.96% |
| Vanguard Total International Stock Index Fund | 13.80% |
| Vanguard Cmt Funds-Vanguard Market Liquidity Fund | 0.60% |
VTWNX Portfolio Allocation
Asset-class allocation of Vanguard Target Retirement 2020 Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.2% |
| Cash & Equivalents | 0.6% |
VTWNX Performance
Total returns for VTWNX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.5% |
| 1 year | 10.4% |
| 3 years (annualised) | 8.9% |
| 5 years (annualised) | 4.4% |
VTWNX Risk Information
Risk metrics for VTWNX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.0%
VTWNX Costs and Fees
VTWNX costs about $8 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.08%
- Gross expense ratio: 0.08%
- Portfolio turnover: 8%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
VTWNX Cashflows
Over the 12 months to 2026-03, Vanguard Target Retirement 2020 Fund had net outflows of $1.96B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$414.35M |
| 2026-02 | −$420.23M |
| 2026-01 | −$438.67M |
| 2025-12 | $2.39B |
| 2025-11 | −$306.35M |
| 2025-10 | −$434.49M |
VTWNX Debt Constituents
No individual debt constituents are reported in Vanguard Target Retirement 2020 Fund's latest SEC N-PORT filing.
VTWNX Prospectus and SEC Filings
Official Vanguard Target Retirement 2020 Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
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.