Vanguard Managed Payout Fund

Class Inv (VPGDX)
Scorecard
5 / 5 Stars
Lipper
5 5 3 5 1
Zacks Investment Research
3 (Hold)
Standard & Poor's
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TheStreet.com
C (Hold)

U.S. News evaluated 60 Retirement Income Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 13.73 percent over the past year, 8.16 percent over the past three years, and 16.13 percent over the past five years.

Trailing Returns Updated 02.28.2014
Year to date 1.6%
1 Year 13.7%
3 Years (Annualized) 8.2%
5 Years (Annualized) 16.1%
10 Years (Annualized) N/A

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Summary

The investment seeks to make monthly distributions of cash while providing inflation protection and preservation of invested capital over the long term. The fund invests in Vanguard mutual funds and other investments according to an asset allocation strategy designed to provide shareholders with regular cash flow from their investments in the fund. It may allocate its assets across a broadly diversified selection of opportunities-such as stocks, bonds, cash, inflation-linked investments, and selected other investments-in proportions that reflect the advisor's evaluation of their expected returns and risks as an integrated whole.

Fees

Fees are Average compared to funds in the same category.
Vanguard Managed Payout Fund has an expense ratio of 0.03 percent.

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Risk

Risk is High compared to funds in the same category according to Morningstar.

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