What is the vanguard target retirement 2020 fund?

The Vanguard Target Retirement 2020 Fund gives investors a diversified portfolio within a single fund that adjusts its underlying asset mix over time. The funds provide broad diversification while incrementally decreasing exposure to equities and increasing exposure to bonds as each fund’s target retirement date approaches.

What is American funds 2020 target date Retirement fund?

Fund as of most recent prospectus. Lipper Category as of 3/31/24 (updated quarterly). American Funds 2020 Target Date Retirement Fund (Class A | Fund 63 | AACTX) based upon proximity to its target date, seeks to provide growth, income and conservation of capital.

What is a target date fund?

Target-date funds adjust their asset mixes to become more conservative over time. As a “one-stop” solution, this fund provides a well-diversified mix of stocks and bonds for retirement investors. As of November 27, 2023, the fund has assets totaling almost $36.64 billion invested in 7 different holdings.